Even this industry is affected…...

[JWNY]

Playboy to cut 55 jobs

It blames the financial crisis.

CHICAGO - PLAYBOY Enterprises says it plans to cut 55 employees and eliminate 25 vacant positions. The Chicago-based publishing and entertainment company made the announcement Wednesday in a Securities and Exchange Commission filing.

Playboy chairman and chief executive Christie Hefner also sent a letter to workers on Wednesday saying the troubled economy was to blame.

The company will also consolidate facilities and reduce travel and overtime, said Ms Hefner, who is the daughter of founder Hugh Hefner.

In February, the company had 789 full-time employees. According to the filing, Playboy hopes to reduce costs by US$12 million (S$17.73 million) a year.

The company publishes the venerable Playboy magazine and has interests in television and clubs.

In August, it had reported a second-quarter loss of US$2.1 million, or 6 cents per share, compared with a profit of US$1.9 million, or 6 cents per share, in the second quarter of 2007. -- AP

 

[DIVISION1]

This perhaps may be a barometer of how serious the global financial crisis is, this time round. Hugh Hefner may find more girls or girlfriends leaving him durin this crisis.

 

[yinyang]

Playboy to cut 55 jobs .. PLAYBOY Enterprises says it plans to cut 55 employees and eliminate 25 vacant positions.
...also consolidate facilities and reduce travel and overtime, said Ms Hefner, who is the daughter of founder Hugh Hefner.
In February, the company had 789 full-time employees. According to the filing, Playboy hopes to reduce costs by US$12 million (S$17.73 million) a year. In August, it had reported a second-quarter loss of US$2.1 million

Hope layoffs exclude bunnies (mainstay mah). :p

 

[Frankiestine]

Playboy Bunnies caters to the rich, so basically the financial crisis has affected this group badly not surprised to hear that these bunnies got roasted...

 

[theblackhole]

Playboy Bunnies caters to the rich, so basically the financial crisis has affected this group badly not surprised to hear that these bunnies got roasted...

good one! these bunnies got themselves roasted. now no money, no cash, no gifts and no more sugar daddy to play with...so got retrenched. what will happen to them? will this affect our social escort agencies too? how about the geylang business and joo chiat place? are the chickens and ducks still doing roaring business? this is golden era man!

 

[zack123]

I like to read articles from Playboy only. Whats the point at looking at titties and cunts when you can actually touch them?

 

[yinyang]

I like to read articles from Playboy only. Whats the point at looking at titties and cunts when you can actually touch them?

You must be highly disciplined then, by turning blind eye to accompanying visual treats. :p

bunnies got themselves roasted. now no money, no cash, no gifts and no more sugar daddy to play with...so got retrenched. ..affect our social escort agencies too? how about the geylang business and joo chiat place? are the chickens and ducks still doing roaring business?

Some say oldest profession is recession proof. My barber (GL frequent flyer) tells me that since GL's ex cat 40 now up to cat 50 throws in a jiggle hehehe:p

 

[zack123]

You must be highly disciplined then, by turning blind eye to accompanying visual treats. :p

Some say oldest profession is recession proof. My barber (GL frequent flyer) tells me that since GL's ex cat 40 now up to cat 50 throws in a jiggle hehehe:p

Nowadays so much porn on the web so Playboy will have a hard time. To boost sales, I would propose that they place 1 ticket for every 1000 copies printed which entitles the lucky reader to 1 bonk with the Playmates.

 

[theblackhole]

....To boost sales, I would propose that they place 1 ticket for every 1000 copies printed which entitles the lucky reader to 1 bonk with the Playmates.

good one brother!!!

 

[0939]

how about the geylang business and joo chiat place? are the chickens and ducks still doing roaring business? this is golden era man!

Businesses still stand

http://Users/Joan/Pictures/duck
http://Users/Joan/Picture/chick

 

[pfingo]

which sex symbol will b jobless?

 

[High till Dry]

cos we got forums like sbf

playboy loses it's value unlike those days without internet

 

[Neh_Neh_Pok]

Oh nooooooo... will the quality of the gals be lowered due to this?

 

[pfingo]

Oh nooooooo... will the quality of the gals be lowered due to this?

quantity low quality mantain