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R.I.P.

10/30/2008 10:49 AM ET | Filed under: Business Blitz

More fallout from the credit crisis!!!

American Express announced Thursday that they are going to be laying off 7,000 workers! That's 10% of its global workforce.

Times will continue to get worse before they get better!

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See All 21 Comments

21 comments to “R.I.P.”



  1. 1

    I hope they brought their AMEX card with them….



  2. 2

    They need to buy my video" How sell that Pu$$y on Credit" just $19.95



  3. 3

    Someone's massive balls need a good fucking kicking.



  4. 4

    …before I started my business I didn't have a lot of money and American Express was downright nasty to me. Now they call about every 5 months to peddle their business since I accept credit Cards at this stage, and I tell them nope. They treated a lot of people this way from what I hear and it is coming back to roost. "I Believe You" when you say that…well, I don't actually believe you anymore fuckers…but best of luck to the ones losing their jobs…



  5. 5

    Re: Reply to this Bitch! – hehee. I bought your video about how to become a fat ho, but I thought it was about a thick garden tool. My bad.



  6. 6

    Times will continue to get worse before they get better!

    ***

    No shit, Sherlock! Wait till Christmas!



  7. 7

    ugh. perez. i hope you read this. i don't know what "good" you are doing by announcing layoffs on a continual basis. in fact, i think you are harming the general public who reads your blog by promoting and instilling fear in them about the economy–which in turn, as you know, only makes matters worse. i don't know if you care because your such a "celebrity" now but i've been reading your blog for a long time and i don't want to come on here and see things that will make me feel scared or worried. if that is your intention, then cheers i guess, but really, please stick to entertainment because that is what we come here for



  8. 8

    Believe it or not, this is a good thing. These companies were bloated and needed to purge. These are good signs and Wall St will notice. It sucks for the people losing their jobs but those jobs were the product of over-indulgence by the consumer and the companies themselves. Lean times produce lean business which produces better bottom lines which is good for Wall St. Don't get caught up in the doom and gloom.



  9. 9

    I am so sad for your Gov. To allow the BILLIONS AND BILLIONS of dollars to be spent on a war, when the country is suffering so badly financially



  10. 10

    Amex use to be exclusive. Their mistake was extending credit lines to unreliable individuals……serves them right.



  11. 11

    Who cares, maybe they'll be replaced by people that can speak proper ENGLISH!



  12. 12

    Re: karencarpenter – Sorry, all sales are final.



  13. 13

    If Barack Obama is elected, they will be laying off even more employees because all these company's taxes are going to be raised. More money going to taxes + less money for employees = more employees getting laid off.



  14. 14

    Happy Holidays to 7,000 more workers! People are hesitant to call what we're experiencing a "recession"; perhaps a more appropriate term would be "depression".



  15. 15

    and will continue to get worse as the fucking sheep elect the worst man who has ever run for the presidencey - worse than carter - obama is a disgusting con man - and the US will find out what pain is ALL about when the elect a communist with total power - mark my words - he will RUIN our country - he has done nothing - he registered voters and fixed up low income housing - then quit when it got too hard - he's a puppet - and will be HATED by 1/2 the country - nice to know he's going in with a 50 percent approval rating - and trust us - we will get even with all the hate you people had for bush - we'll direct ours towards OBAMA - we'll rake his ass over the coals and through him out as soon as we can if that asshole BUYS the white house - which is what he's done - he's BOUGHT it - not earned it - and that is DISGUSTING



  16. 16

    I worked for AMEX for 2 years as a Customer Care Professional. I took calls from Platinum Cardmembers. Let me tell you…IT WAS HELL!!!! explaining to these people that they couldnt charge their regular $10,000 a day or so when AMEX started cutting their spend. BTW, Im happy to Not be working their anymore.



  17. 17

    Maybe they wouldn't have to lay off their employees if they didn't spend OBSCENE amounts of money for celebrity advertising. It is over the top. Amex is the leader in corporate card programs, they just got too stingy and now the poor employees must suffer. Jerks!



  18. 18

    Re: JulesinSD – Please seek immediate help. Did you miss your anger management classes? You're a Wackjob…just like McCain's people labled their own VP. hahaha!



  19. 19

    Get ready for all the small business owners to lay off employees the second those tax increases come through.



  20. 20

    I used to work for them, they suck!

    Hey they screwed themselves, the banks, lenders, credit card people and now they should pay the piper, and by that I mean their CEO's shouldn't be banking millions and going on retreats.



  21. 21

    hahaha i use to work for them as well!
    wow! american experss good job