Amid all the ugly here-we-go-again economic numbers over the past few weeks?the eight straight days of market declines, the worse-than-expected GDP numbers, the largely flat jobless claims?there were some other big numbers in the mix. Big layoff numbers, that is: On August 1, global bank HSBC said it would cut 25,000 jobs between now and 2013, on top of thousands more previously announced. On July 29, pharmaceutical giant Merck said it would be shedding up to 13,000 jobs. Defense contractor Lockheed Martin has also been trimming thousands of jobs.
Read full article >>
Source: http://feeds.washingtonpost.com/click.phdo?i=495093a38d96cdd48c3d553a7e16da1b
feeds nation washingtonpost nation feeds reuters feeds reuters
No comments:
Post a Comment