A report released earlier today stated that Yahoo!'s new chief executive Scott Thompson, who has been on the job for a little over two months, is already considering laying off thousands of workers in an attempt to restructuring the company.
No one wants taxes to go up but the alternative is, layoffs and firings as in Nassau County, Long Island, New York. Thursday over 260 people received their pink slips with over another 100 demoted in their current positions.
Jobs are being slashed and drastic measures taken but in spite of all the cuts, there are some companies out there who are trying to avoid laying off their people. See what some are doing to trim the fat during this financial crisis.