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

From CNBC