Monday, January 26, 2009

Job Cut Parade Continues

Job cuts announced this morning:

  • Phillips cutting 6,000 jobs
  • Sprint cutting 8,000 jobs
  • Caterpillar cutting 20,000 jobs
  • ING cutting 7,000 jobs
  • Home Depot cutting 7,000 jobs
Bloomberg is announcing an additional 72,000 job cuts today. That's one day!