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EmploymentCrossing.com Oswego Wire is letting go more than half its workforce by the end of this month. The company, based in Central New York State, will move some of its manufacturing operations to Indiana. Fifty-three workers will be fired in the town of Scriba, which has an overall population of 7,300. Those losing their jobs will be given severance packages that include salary and benefits. The 34-acre plant off county Route 1, just east of the city of Oswego, will remain open with about 40 employees. "Given the choice between closing and downsizing, I'll pick downsizing any day," said L. Michael Treadwell, executive director of Operation Oswego County. The county will assist the furloughed workers with job searches, resume development and other employment-seeking services, Treadwell said.

EmploymentCrossing.com Oswego Wire is letting go more than half its workforce by the end of this month. The company, based in Central New York State, will move some of its manufacturing operations to Indiana. Fifty-three workers will be fired in the town of Scriba, which has an overall population of 7,300. Those losing their jobs will be given severance packages that include salary and benefits. The 34-acre plant off county Route 1, just east of the city of Oswego, will remain open with about 40 employees. "Given the choice between closing and downsizing, I'll pick downsizing any day," said L. Michael Treadwell, executive director of Operation Oswego County. The county will assist the furloughed workers with job searches, resume development and other employment-seeking services, Treadwell said.

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ZHANG: Workers in India's film industry—known as Bollywood—have been on strike since yesterday. Here's more on the situation in the city of Mumbai. STORY: More than 100,000 workers in Bollywood want more money and better working conditions. They are refusing to give in unless their demands are met. [Santosh, Setting Carpenter]: "Twenty two unions have got together for this. We are made to work for 12-14 hours and are not even given proper salary. We work for 12 hours and not even paid salary for 8 hours. Nobody is there to help us when we get injured on the sets. We want our rights." A federation of 20 unions of actors, technicians and camera operators called the strike after talks with film producers broke down in August. [Dharmesh Tiwari, Cine Employees Federation]: "In movies costing 50 million and 1 billion rupees workers don't even get a raise of one dollar. And their salary is about ten dollars. We are fighting for these issues. All we want is to be payed at least according to the contract that has been decided by both parties." The strike has led to the cancellation of many shoot schedules. Among them, the film "Hisss," U.S. director Jennifer Lynch's first movie to be shot in India. But not only the Indian film industry is suffering. In November of last year there was a writers strike in Hollywood. The Writers Guild of America went on strike, leading to huge losses in the industry.

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Sad news: our parents made more money than us when they started work!