January 27, 2009

Bloody Monday: Over 71,400 jobs lost

NEW YORK (CNNMoney.com) — The final week of January began with a bloodbath for the job market, as over 71,400 more cuts were announced on Monday alone. At least six companies from manufacturing and service industries announced cost-cutting initiatives that included slashing thousands of jobs. More than 200,000 job cuts have been announced so far [...]