My selection of industri news

Hugh Hefner-owned Playboy Enterprises Inc. has also emerged as one of the thousands of corporations affected by the global recession.
Martha Lindeman, company spokeswoman, recently announced that the organization intends to close down its Manhattan office. The Fifth Avenue branch currently employs around one hundred employees and Lindeman says that most of these jobs will be lost. The branch is mainly involved in licensing work and publishing. Playboy Inc. expects to close the office on May 1 and have announced that the decision, although unwanted, was necessary as doing so would translate to $5 million saved annually. This news bit is just further proof that times are definitely hard and that everyone is trying to save up in any way possible.