Hugh Hefner to sack Playboy bunnies amid financial crisis

www.celebritymound.com - 26th Sep 2008

Hugh Hefner: Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil. The 83-year-old has been told to lay off some of his staff at his Los Angeles and New York offices as soon as this month or go bankrupt. The company has recently seen shares fall from Ł6.20 to Ł1.55. An insider at the company told the Daily Star that bosses had been aware of the worsening situation for “a while”. “Only the top brass has known for a while how bad things have been for Hef recently.” Spokeswoman Elizabeth Austin would not confirm the sackings, saying: “It is our policy not to comment on corporate matters such as employee issues.̶ Read full story at www.celebritymound.com

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Hugh Hefner to sack Playboy bunnies amid financial crisis
Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil. The 83-year-old has been told to lay off some of his staff at his Los Angeles and New York offices as soon as this month or go bankrupt. The company has recently seen shares fall from ÂŁ6.20 to ÂŁ1.55. An insider at the company told the Daily Star that bosses had been aware of the worsening situation for “a while”. “Only the top

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