Posts Tagged ‘layoffs’
Citigroup to to 11,000 jobs, media blames hurricane Sandy in headline
If you’re up early in the morning and wonder what’s going to be big news in the United States in the morning, one suggestion is to check out the UK Guardian. This morning, they blamed a hurricane for Citigroups plan to lay off 11,000.
Read MoreThe Caterpillar Flap Continues
It began with a statement by Obama yesterday, when he told reporters that the CEO of Caterpillar would hire back laid off workers as soon as the stimulus passed … and followed with a statement by the CEO of Caterpillar that … well no … he still would likely have to layoff more people. It’s…
Read MoreHeads we lose, Tails they win…
GM has unveiled at least two portions of their recovery plan, submitted to and funded by the First, the bad news… “General Motors Corp. will cut 10,000 jobs, or 14% of its salaried work force, this year as the auto maker struggles to cope with a steep drop in world-wide vehicle sales. The job cuts…
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