American Greetings cutting jobs

[Judi Lynn]

American Greetings cutting jobs
Thursday, November 18, 2004
Janet H. Cho
Plain Dealer Reporter
American Greetings Corp. notified employees at its Brooklyn headquarters Wednesday that the company will be cutting jobs in coming weeks.

In an internal memo stressing the need to tighten belts throughout the company, Chief Executive Zev Weiss and President Jeff Weiss declared an immediate hiring freeze and announced an organizational redesign that will mean elimination of an undisclosed number of jobs.

"We understand how deeply this will affect these associates, and so we are committed to making these changes quickly," the memo said. "Associates whose positions have been eliminated will be notified by Dec. 2. These associates will receive severance pay . . . as well as outplacement services."

American Greetings employs more than 2,000 people at its Brookyln campus, which includes administrative offices for its greeting card and other social expressions products, its creative studios and its new-media division, AG Interactive.

Steve Smith, vice president, treasurer and head of investor relations, said the company wants to study its supply chain to streamline how its products get to market.
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http://www.cleveland.com/business/plaindealer/index.ssf?/base/business/110077416587260.xml

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NOT an American Greetings product.

[area51]

1. Bush recession

Watch that Bush economy go! Oh, yeah, Mary "Mad Dog" Matalin said this economy is so hot, it's better than the Clinton economy! As if everyone who wants a job can get one. </sarcasm>

[teryang]

2. Good morning Iraq Nam!

Maybe a new sales campaign could boost sales.

Have a Merry Christmas to those laid off.

[i_c_a_White_Ghost]

3. Did they send it in a card?

You know something like "merry Christmas now leave"!