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CEO Says He May Lay Off Employees if Obama Re-elected

CEO Says He May Lay Off Employees if Obama Re-elected

Jupiterimages/Thinkstock(NEW YORK) — Outspoken time-share mogul David Siegel surprised his thousands of employees in an email this week that indirectly stated that layoffs could be likely if President Obama is re-elected, which some analysts say have …

"The Tonight Show" Lays Off Several Staffers, Leno Accepts Pay Cut

"The Tonight Show" Lays Off Several Staffers, Leno Accepts Pay Cut

Kevin Winter/Tonight Show/Getty Images for The Tonight Show(LOS ANGELES) — NBC’s The Tonight Show has laid off between 20 and 25 of its employees, and host Jay Leno has accepted a pay cut in order to save the jobs of other staffers, according to Deadl…

‘Tonight Show’ Staffers Laid Off

‘Tonight Show’ Staffers Laid Off

Kevin Winter/Tonight Show/Getty Images for The Tonight Show(NEW YORK) — Two-dozen staffers have been laid off from NBC’s The Tonight Show, reports The Wall Street Journal.The cuts are an effort to save in costs. Even the host, Jay Leno, took a pay cut…

Are Layoffs Wall Street’s Answer to Down Stock Markets?

Are Layoffs Wall Street’s Answer to Down Stock Markets?

Hemera/Thinkstock(NEW YORK) — The industry that America loves to hate or envy may have a tough summer ahead, especially for its highest paid executives.Reports indicate Wall Street firms are far from recovering the numbers lost during the financial cr…

Romney’s Story About Dad’s Lay Offs Draws Ire from Dems

Romney’s Story About Dad’s Lay Offs Draws Ire from Dems

Justin Sullivan/Getty Images(LOS ANGELES) — A story told by Mitt Romney Wednesday about his father laying off workers during his tenure as an automobile executive has drawn ire from Democrats who are using the remark as an example of the candidate&rsq…

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