And here we go again. Looks like 2009 is shaping up to be a great year.
120,087 job cuts announced by large corporations in just the first half of January. In addition to the 87,235 jobs listed in the accompanying chart, IBM is cutting 16,000 jobs, ConocoPhillips is cutting 1352, GE Capital is cutting 11,000, Pfizer is cutting 2400, AMD is cutting 1100 and Blue Cross Blue Shield of Michigan is cutting 1000 jobs to form a grand total of 120,087 jobs - and this is just the large corporations. Note that this does not include potential layoffs to be announced by Microsoft.
(Data courtesy of CNN and Mike Shedlock's Blog).
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