MSM: Up to 20,000 jobs will go as RBS chief prepares to sell off unwanted assets

Royal Bank of Scotland will embark this week on a radical plan to split itself in two as it cuts tens of thousands of staff across the globe and confirms the biggest annual loss in British corporate history. Continue reading

MSM: California to begin layoff proceedings today

After a frustrating holiday weekend that failed to yield the one vote needed to end California’s budget stalemate, the state is poised to begin layoff proceedings Tuesday for 20,000 government workers. Continue reading