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Tens of thousands more layoffs are announced

Discussion in 'Economics and Financials' started by Fin Fan In Cali, Jan 26, 2009.

  1. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    http://news.yahoo.com/s/ap/20090126/ap_on_bi_ge/business_outlook

    Thousands more jobs cuts were announced Monday. Pharmaceutical giant Pfizer Inc., which is buying rival drugmaker Wyeth in a $68 billion deal, and Sprint Nextel Corp., the country's third-largest wireless provider, said they each will slash 8,000 jobs. Home Depot Inc., the biggest home improvement retailer in the U.S., will get rid of 7,000 jobs, and General Motors Corp. said it will cut 2,000 jobs at plants in Michigan and Ohio due to slow sales.
    Caterpillar Inc., the world's largest maker of mining and construction equipment, announced 5,000 new layoffs on top of several earlier actions. The latest cuts of support and management employees will be made globally by the end of March. An additional 2,500 workers already have accepted buyout offers, and ties have been severed with about 8,000 contract workers worldwide. In addition, about 4,000 full-time factory workers already have been let go.
     
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  2. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    The evening news stated tonight that the Nation's unemployment rate could hit 10%, so it could be a lot worse for some states.:sad:
     
  3. FinSane

    FinSane Cynical Dolphins Fan

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    im glad my job is safe.....for now.

    i fear for everyone else though.
     
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  4. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    Will start the process on finding a new career field, and move in that direction.:yes:
     
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  5. FinSane

    FinSane Cynical Dolphins Fan

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    brother have you ever considered the grocery business? grocery sales are up because everyone is eating at home.
     
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  6. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    I will put that on the list. Any companies to possibly contact?:wink2:
     
  7. FinSane

    FinSane Cynical Dolphins Fan

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    pm sent :up:
     
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  8. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    Thanks for the info bro!:up:
     
  9. TheMageGandalf

    TheMageGandalf Senior Member

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    Not sure what you mean bro...

    Do you mean like working at Publix?

    Or more like owning your own grocery store/business?
     
  10. FinSane

    FinSane Cynical Dolphins Fan

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    i work for a grocery distribution company, like working for Pepsi or Goya. I order and merchadise(stock) the product in Publix. i get commission for it and our trucks deliver it and then you work them to the shelves. theres plenty of companies like that around yall can look into.
     
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