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Articles about recession

Yahoo freezes salaries as part of recession recovery plan

by Heather Wood on Jan 23, 2009 at 05:04 PM

Last week, Google announced the cutting of several positions as well as the closing of numerous applications.  This week, Yahoo pronounced that it too will need to take major steps in order to get through the worldwide economic crisis. To start, the Internet giant plans to freeze all employees’ salary… Continue Reading »

The recession hits Digg

by Iyaz Akhtar on Jan 23, 2009 at 11:25 AM

While everyone and their mother now uses Digg to get news, Digg is not immune to this lousy economy.  They’ve had plenty of investors provide them with funds to keep the enterprise going.  However, Digg is not a profitable venture as of yet.  Jay Adelson, Digg CEO, says that ”… Continue Reading »

Recession got you down?  Why not pick up a $5,879 Blu-ray player?

by Christian Milsom on Dec 8, 2008 at 01:25 PM

There are some companies in the world that aim purely at the upper end of the pay scale.  Denon has just released their new DVD-A1UD which costs a staggering $5,879, a price that us debt ridden unemployed mortals can only gape at. So what does it actually do?  Well, it… Continue Reading »

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