That may or may not be true Keith but the issues facing the media can be specifically linked to Internet related causes and would likely have happened with or without the recession... M
-----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Keith Hudson Sent: Sunday, May 02, 2010 12:36 AM To: RE-DESIGNING WORK, INCOME DISTRIBUTION,EDUCATION Cc: Keith Hudson Subject: Re: [Futurework] FW: [TriumphOfContent] Job Cuts at ABC News Leave Workers Stunned and Downcast (The NY Times) At 22:53 01/05/2010 -0700, Mike Gurstein sent: Job Cuts at ABC Leave Workers Stunned and Downcast And -- it's fairly widely agreed by those who ought to know -- that there's an awful lot more to come from firms in Western economies who've been hanging on to most of their payroll hoping for a powerful uplift. I think 2010/11 will be a bigger shell-out than so far in the credit crunch -- unless governments start printing yet more money and plunge us into Weimar-type chaos. Devaluation or hyper-inflation -- take your pick. Keith Keith Hudson, Saltford, England
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