Summary
From wire reports
Furloughs, wage reductions, hiring freezes and shorter hours simply did not do enough. A year into this recession, companies across the board are resorting to massive job cuts.See the full content of this document
Extract
75,000 More Jobs Gone
Home Depot, Caterpillar, Sprint Nextel and at least eight other companies announced Monday they would cut more than 75,000 jobs in the United States and around the world - a gloomy start to the workweek for employees anxious about holding their own as the ...
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