350 Colorado Residents to be Laid Off by Time Warner

Time Warner Cable is planning to let go of 350 workers in Colorado, while closing two of seven offices in the state. The two offices will be an Englewood National Division Headquarter and a call center. About 800 of the company’s workers will remain after layoffs.

Time Warner turned a profit last quarter but pointed to the economy as the primary culprit. People are just not spending as much on premium channels and on demand services the company noted.

At a time when many people around the U.S. are suffering from high unemployment rates, the best thing to do is save where you can. That means eating at home, cutting out any entertainment expenses and interviewing everywhere possible. If you have a large rainy day fund, you might consider opening a CD or a high-yield savings account to earn some interest on that. After all, whatever you collect from unemployment should be more than enough to support you without touching your emergency fund.

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