NMDemDist2
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Mon Jan-26-09 11:16 AM
Original message |
There are 50,000 job cuts on the LBN page this morning |
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Edited on Mon Jan-26-09 11:18 AM by NMDemDist2
:wow: :cry:
Mon Jan-26-09 09:12 AM ING Group to Cut 7,000 Jobs
Mon Jan-26-09 07:38 AM Home Depot to cut 7,000 jobs, exit Expo business
Mon Jan-26-09 06:28 AM Pfizer to buy Wyeth for $68 billion, cut (8000) jobs
Mon Jan-26-09 06:25 AM Sprint to eliminate 8,000 jobs
Mon Jan-26-09 06:12 AM Caterpillar Moves to Cut 20,000 Jobs
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phantom power
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Mon Jan-26-09 11:17 AM
Response to Original message |
1. No doubt some tax cuts for the wealthy will fix that. |
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It will trickle down to the jobless.
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Veritas_et_Aequitas
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Mon Jan-26-09 11:18 AM
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Well, I've had worse reasons to start drinking before noon...
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John Q. Citizen
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Mon Jan-26-09 11:24 AM
Response to Reply #2 |
7. ...and I had to pick today to give up Schnapps! |
enid602
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Mon Jan-26-09 11:18 AM
Response to Original message |
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And those all appear to be American job losses. I wonder what the worldwide total is.
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endarkenment
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Mon Jan-26-09 11:18 AM
Response to Original message |
4. And those are just the major corps making news. Plus Market says "YAY" |
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So 50,000 + the ripple effect from those 50,000 + all the small companies that didn't make the news.
And as always the stock markets react to workers getting sacked with a big thumbs up.
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girl gone mad
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Mon Jan-26-09 04:45 PM
Response to Reply #4 |
15. I've seen studies that show small and medium businesses.. |
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are being hit even harder than large corporations. :scared:
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Liberal_in_LA
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Mon Jan-26-09 11:23 AM
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5. CBS radio announced a 'tsunami' of job cuts today. |
notadmblnd
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Mon Jan-26-09 11:23 AM
Response to Original message |
6. We're now losing approxiamtely one half million jobs a month. |
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There are approximately 300,000,000 (that's 300 million) people in this country. If we keep losing jobs at this rate...
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ORDagnabbit
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Mon Jan-26-09 11:39 AM
Response to Original message |
8. add another 2200 to that total... |
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gm - lansing -1200 jobs ohio - steel mill -1100 jobs
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ORDagnabbit
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Mon Jan-26-09 11:41 AM
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FirstLight
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Mon Jan-26-09 11:41 AM
Response to Original message |
10. that's so comforting to wake up to.... |
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I think I may have to put something in mah coffee...
since I am home today, cuz I'm one of he jobless too...
:scared:
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RedEarth
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Mon Jan-26-09 12:03 PM
Response to Original message |
11. Add 17, 000 more from European companies... Philips, Corus and Wolseley |
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Philips 6,000 Sprint and Philips are the latest to announce layoffs with Sprint cutting 8000 and Philips 6000 employees
Corus 3,500 Corus, Europe’s second-largest steelmaker, will cut 3500 jobs as it reduces production following a collapse in demand from builders
Wolseley 7,500 Wolseley Plc, the world’s biggest distributor of plumbing gear, lost more than 40 percent in London trading after spiraling debt and ...
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phantom power
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Mon Jan-26-09 02:24 PM
Response to Original message |
12. Fucking bloodbath. Still going strong too. |
question everything
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Mon Jan-26-09 03:37 PM
Response to Original message |
13. I have to wonder whether the executives that cut all these jobs |
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realize the additional damage that they inflict on the economy.
Could they have just cut the pay of all by 20%, instead of letting go of 20% of the work force?
Obviously, if no one is buying there is no need for a large sales force. On the other hand, last two weeks I was trying to reach a banker, at two different banks, and was on hold for about half an hour.. just to get to a gate keeper. I hung up after that.
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GliderGuider
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Mon Jan-26-09 03:39 PM
Response to Original message |
14. Here's a link to a site that's tracking the numbers |
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For anyone that isn't quite depressed enough yet... http://www.layoffdaily.com/
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DU
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Thu May 16th 2024, 04:10 PM
Response to Original message |