Economy

Job Cuts

All of this was not factored into last week’s unemployment numbers:

  • DHL to cut 13,000 jobs
  • American Express to cut 7,000 jobs and Bank of America to cut 7,500 Jobs
  • GM and Ford 5,600 jobs cut
  • Whirlpool to cut another 3,000 jobs
  • Yahoo to cut 1,000 Jobs
  • Hewlett Packard Announces 24,000 Job Cuts
  • UBS to cut 9,000 Jobs
  • Fidelity to cut nearly 1,300 jobs this month
  • Dana to cut 2,000 jobs and close plants
  • Dollar Thrifty Automotive to cut 400 jobs
  • AMD slashes 500 more jobs
  • Airline Aer Lingus to cut 1,500 jobs, workers to strike
  • Chrysler to cut 4,300 Jobs
  • Circuit City to cut 6,800 jobs and close stores
  • Xerox to cut 3,000 Jobs
  • Atlantic City’s Borgata lays off 400 workers
  • Motorola to cut 3,000 jobs
  • Nortel to cut 3,000 jobs
  • EA Games to cut 6% or 600 jobs
  • Sun Microsystems to cut jobs (unknown number)

the list goes on and on…..