Sprint axing 8,000 employees, Philips 6,000

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bag_axe_2007Talk about a case of the Mondays. Sprint and Philips are the latest to announce layoffs with Sprint cutting 8,000 and Philips 6,000 employees. You know the drone. It’s cause we can’t borrow against our overinflated home’s equity to buy these companies latest crap anymore. We’re too busy dumping all of our cash into organic foodstuff now. The Sprint layoffs are expected to be completed by March 31st and Philips’ are on top of the recently announced 3,000 cuts. Alright, back to work before you get cut reading this in your cube. Unless you wanna collect unemployment, in which case, onto the next post, buddy boy.

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