The Bank of America announced July 28
that it was eliminating 9,000 to 10,000
jobs over the next year

 DaimlerChrysler: the loss of up to 6,000 jobs

 Exxon Mobil Corp plans to destroy 3,000
more jobs than the 16,000 originally planned,
or about 15 percent of its workforce.

 The Kmart Corporation eliminating 5,000 jobs

 Conseco, the insurance and finance company,
plans to eliminate 2,500 jobs

 First Data Corporation announced its intention
to slash nearly 2,000 jobs in Tucson

 Circuit City will close eight distribution
centers and do away with 1,000 jobs

 Delco Remy plans to eliminate 860 jobs,
or 12 percent of its workforce

 Peterbilt Motors Co. began laying off
nearly 20 percent of its managers, less
than a week after cutting the jobs of
nearly one-third of its hourly workers.

 122 dot-com companies have laid off
nearly 7,600 workers since December

 Rivals.com announced that it was cutting
40 employees, or 21 percent of its staff

WSWS

-- spider (spider0@usa.net), August 03, 2000

Answers

But wait a minute the economy is doing great...right?

-- Phillip Maley (maley@cnw.com), August 03, 2000.