Sunday, January 18, 2009

More Job Losses Coming

Some of the weekend's finance-related headlines:

  • UBS Plans to Cut 5,000 Jobs This Year
  • Liquidation of Circuit City to Cost 30,000 Jobs
  • Rio Tinto Slashes 600 Jobs
  • GE Capital Plans to Cut 11,000 Jobs
  • AMD Lays Off 1,100 Workers
  • Hertz Axes 4,000 Jobs
  • Pfizer Hands Out Pink Slips for 2,400 Sales Staff Positions