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Blog entries tagged with "layoffs":
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I understand Bush is working on a plan to get more affordable home loans for those in distress. It was my understanding that loans do not cost people to lose their homes lack of income or loss of income due to job loss and unable to find new employment is why … (1 comments)
Bad Omens No Matter What You Call Them
Starbuck's, and to a lesser degree Nordstrom department stores, have a theory and philosophy that in order to grow you capture your market by saturating that market with as many stores as possible. As a former Nordstrom buyer, the philosophy was to capture an area with multiple stores and then allow … (0 comments)
A friend just wrote to say that her job of seven weeks as a compliance officer at a mortgage banker in Scottssdale has been eliminated and more layoffs are coming. If any of you know of anybody hiring in the compliance area, and in the Greater Phoenix Arizona area, please let … (2 comments)
Continental Airlines announced it is grounding 67 planes and cutting 3000 jobs in response to high fuel prices.
The local news here in Spokane, WA said tonight that at the end of the month, 8 county employees, in the building and planning dept, will be laid off due to "a sharp decline in residential construction. Apparently, the number of permits has dropped so much since last year, they can't afford … (0 comments)
Lawmakers across the country are trying to save money with drastic and potentially dangerous budget cutting proposals by releasing thousands of convicts from prisons. Oh these Officials acknowledge that the idea carries some risks but say they have no choice because of huge budget gaps brought on by the slumping economy.
WaMu Job Cuts, Closings and Wholesale Shutdown
No man is an island and neither is the effect that a sluggish real estate market has on local governments and municipalities! The problem when a real estate market is rising - everyone thinks the party will never end! Increasing home values, new more dense zoning are dollar signs in the … (12 comments)
Sprint looks like the hard times will be falling directly on its current employees in around 3 weeks! Rumor has it they are looking to lay off 7-10,000 employees, including 30%of their VP's. 
In my other life, I am an administrator who has to listen to a lot of angry and upset people. You might say that I have to have the skill to confront, counsel, console, convene, consider, confirm, and consult, (I love alliterations, don't you?). Well anyway, being a certified mediator I … (18 comments)
Yesterday I posted a quick note about the increase in pink slips in the mortgage biz. See
here.
Today it keeps coming, whith WaMu reportedly cutting 1,000 jobs and "eliminating its sales force dedicated to mortgage borrowers with questionable credit..." See
this article. This comes on the heels of WaMu terminating … (6 comments)
At this point in time, I am sure that half of our industry is questioning their current employment. I am going to go out on a limb and say that half of the entire housing market, whether it be Realtors, Insurance Agents, Loan Officers, etc....they are getting nervous. 
From Yahoo! Financial News: 
According to an article in the Puget Sound Business Journal, Mortgage Investment Lending Associates of Mountlake Terrace ceased operations as of 4/20/07 and all 300 of their employees are out of work.