Big job cuts in US bank, auto, oil and retail sectorsgreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread |
The Bank of America announced July 28
that it was eliminating 9,000 to 10,000
jobs over the next yearDaimlerChrysler: 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 jobsFirst Data Corporation announced its intention
to slash nearly 2,000 jobs in TucsonCircuit City will close eight distribution
centers and do away with 1,000 jobsDelco Remy plans to eliminate 860 jobs,
or 12 percent of its workforcePeterbilt 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 DecemberRivals.com announced that it was cutting
40 employees, or 21 percent of its staffWSWS
-- spider (spider0@usa.net), August 03, 2000
But wait a minute the economy is doing great...right?
-- Phillip Maley (maley@cnw.com), August 03, 2000.