Davis ThinkingPrepaid-wireless carrier Virgin Mobile USA is throwing a lifeline to customers who get laid off.
Add Nike to the list of marketers doing more with less: The marketing powerhouse is restructuring, and says its restructuring plan will boost consumer-focused products, but may lead to the elimination of 4% of its 35,000-strong workforce.
In a day of especially grim news for the book business, Random House, the world’s largest publisher of consumer books, announced a sweeping reorganization aimed at trimming costs, while Simon & Schuster laid off 35 people.
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