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Discussion in 'Political Discussion' started by PatriotsReign, Nov 11, 2008.

  1. PatriotsReign

    PatriotsReign On the Roster

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    The following is a list of layoff announcements in 2008. It is as over-whelming a list as I have ever seen in my lifetime

    GM - 3,600 assembly workers immediately and 1,900 in early 2009
    Chrysler - 5,000
    DHL - 9,500 immediately
    American Express - 7,000
    Citibank - 17,000
    Whirlpool - 5,000
    Merrill Lynch - 7,000
    WaMu - 5,000 (and counting)
    Wachovia - 6,950
    Merk Pharma - 17,000
    Circuit City - 3,400
    Goldman Sachs - 3,200
    Yahoo - 1,500
    Schering-Plough - 5,500
    Pfizer - 20,000
    Home Depot - 1,000

    There are many, many more that could be added to the list of major US corporations, but just as importly are small business layoffs that number in the hundreds of thousands....

    "In September alone, 2,269 employers each laid off 50 people or more, the Bureau of Labor Statistics reported, up sharply from the spring and summer months, and the highest number since September 2001, when the aftermath of the 9/11 attacks coincided with a recession to spook employers. A spike in 2005 was related to Hurricane Katrina."

    http://www.nakedcapitalism.com/2008/10/real-economy-crunch-arrives-layoffs.html

    2,269 x 50 = 113,450 additional layoffs...and that is the minimum number based upon the stipulation of layoffs of 50 or MORE!
    Last edited: Nov 11, 2008
  2. PressCoverage

    PressCoverage Banned

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    what's the reason some unaccountable decided to one-star this unpartisan thread of FACT?
  3. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    I dunno but from the looks of things others disagree.

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