Layoff Instructions

With massive layoffs hitting all around the financial world (with Wachovia the latest victim yesterday) and trickling down through the rest of the economy, the Wall Street Journal provided instructions on how to deal with being laid off: click here

The New York Daily News provides some instructions on saving your job when your company is bought out: click here

Next, an old article from HR.com says beware of provisions in stock options because laying someone off may vest them: click here

From the Six-Figure Learnings blog, the "Worse Than Enron Sweepstakes": click here

And lastly, from the Recruiter Review, a title that has a lot of people getting scared about their jobs and the job market "More Job Losses": click here

Isiah Wins Again By Losing

Isiah Thomas lives in a fantasy world. If the former NBA star-turned NBA coach-turned NBA executive was governed by normal workplace rules, he'd probably be brought out back and shot. He's made one the NBA's most important franchises a laughing stock both on the court and off of it, lost his organization millions of dollars, and even more in bad publicity he incurred through a lovely sexual harassment lawsuit. He was bad at a GM, so they made him coach...now he's fired from both...and what's he doing now?

He's been reassigned to the team as an advisor, according to ESPN (click here), but has been banned from contacting the players...lest he try to meddle some more...

So he screws up the team as GM, gets to take on the team as coach and GM...doesn't do any better there...and gets a 3 year contract extension...then he really, really does poorly...and the team fires him...but keeps him on as an advisor....

Are you kidding me? What is he going to advise on? How to lose money? How to get sued? How to lose basketball games? How not to manage a cap? How to acquire bad players? How to not coach?

The Daily News tries to explain with a great headline reading "Isiah Thomas is not fired, just banned": click here

But Deadspin, always a good source of honest reporting and a laugh, said it perfectly in their heading "Isiah Is Smarter Than All Of Us: Isiah Thomas Pretty Much Got a Promotion": click here

The best part of the article being: "that makes Isiah a tremendously well-paid secretary (and coffee boy for Jim Dolan). Isiah is making $18 million to stay away from his employers. The man was a genius all along!"

If you are in HR...look at the history of this man and the Knicks and teach it to your colleagues as a cautionary tale