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GLOBAL JOB CUTS
Caterpillar - 20,000
ING - 7,000
Philips - 6,000
Corus - 3,500
Home Depot - 7,000
Pfizer/Wyeth - 20,000
Texas Instruments - 3,400
Sprint Nextel - 8,000
General Motors - 2,000
Workers around the world face losing their jobs as several big corporations announced more than 70,000 layoffs in one single day.
Not bad for a Monday. Moment of silence, please... ... ...
THANK gawd I canpaytaxes.
2 comments:
The projections of unemployment reaching 12% is very scary...what's the percentage of unemployed that indicates an unstable society because all those unemployed people start rioting? I think it's around 12%.....
Better start preparing for the revolution! Time for a system correction!
The not so Great Depression had unemployment around 28% ish... The sheep didn't stir then. (maybe they were too hungry?)
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