Monday, January 26, 2009

Unemployment Update

As promised, I want to keep you guys updated with new layoffs and where they are occurring.

Job Cuts Announced Today:
  • Caterpillar announced today it is going to lay off 20,000 workers.

  • Sprint Nextel is laying off 8,000 employees.

  • Home Depot is laying off 7,000 workers.

  • The new Pfizer Wyeth deal is expected to cut 8,000 jobs.

  • General Motors is laying off 2,000 workers

  • Texas Instruments is laying off 3,400 people

  • Deere & Co. is laying off 200 employees in America, 500 in Brazil

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