Tag Archives: layoffs

By Tyler Durden | ZeroHedge.com | Sep 8, 2015 Last month, we noted with some incredulity that Illinois is now paying lottery winners in IOUs. Long story short, the state’s inability to pass a budget means big winners will have to wait on their prize money, a ridiculous situation which prompted one Illinoisan to remind state officials that “if we …

By Tyler Durden | Zero Hedge | August 31, 2015 This year, some American executives who heeded loud calls for across-the-board wage hikes for America’s lowest-paid workers received a complimentary refresher course in undergad economics courtesy of the free market. Take Dan Price for instance, the 31-year old CEO of Seattle-based Gravity Payments Systems who found out the hard way …