Tuesday, January 15, 2008

Smooth moves of the 07's

In a cost-cutting move, Circuit City lays off all sales associates paid 51 cents or more per hour above an "established pay range" - essentially firing 3,400 for its top performers in one fell swoop. Over the next eight months Circuit City's share price drops by almost 70%.


McDonald's launches a "word battle" against the Oxford English Dictionary to amend the definition of McJobs, which the OED currently describes as an "unstimulating, low-paid job with few prospects." The goal, according to a company vice president, it to change the citation to "reflect a job that is stimulating, rewarding, and offers skills that last a lifetime."




A worker in a German screw factory smuggles out 2,000 to 7,000 screws per night, ultimately stealing more than a million units. He sells the screws below cost on the internet, artificially depressing the entire screw market.

In Auguest 2007, Johnson & Johnson sues the American Red Cross for infringement of its trademarked red cross. “For a multibillion dollar drug company to claim that the Red Cross violated a criminal statute ... simply so that J&J can make more money, is obscene,” said Mark Everson, the Red Cross president.



And the smoothest move of all...


Australia's Toy of the Year a bead toy called Bindeez made by Moose Enterprise, is pulled from stores after scientists discover that the beads contain a chemical that converts into the date-rape drug GHB when ingested.





(These smooth moves were brought to you by Fortune Magazine and the letter "Ha!")

1 Comments:

At 6:26 p.m., January 15, 2008, Blogger david santos said...

Hi Jo
A beautiful place here!
Excellent post! Love the pen.
Thank you.
have a good day

 

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