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US Job Losses Announced

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This past Monday resulted in major corporations announcing more major job cuts:

  • Caterpillar – 20,000 job cuts
  • Sprint / Nextel – 8,000 job cuts
  • HomeDepot – 7,000 job cuts
  • Pfizer – 8,000 job cuts
  • General Motors – 2,000 job cuts

What are your thoughts on continued job cuts and the current bailout package on the table? Do you think the bailout package on the table will slow or reverse the number of jobs currently being cut by major corporations? Additionally, where do you think new sustained jobs will come from? Will they come from the government, small businesses, or major corporations? Please share your views with our visitors.

January 28, 2009 |
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