Everything Everywhere, the U.K. mobile phone company created when Orange and T-Mobile merged, told employees about their job status through a system of traffic lights, according to The Telegraph.
Those in danger of losing their jobs by Christmas were shown a red light, while employees who saw a yellow light have to re-apply for their current jobs.
Here's the full story from The Telegraph.
Ragan.com is diving deeper into this story. This morning, I've overheard staff reporter Matt Wilson making calls to England. Should be an interesting story. Look for it on Ragan.com (
tomorrow, I think) this week.