Still waiting. Today’s cuts include:
Eaton to Cut 5,200 Jobs in a 2nd Wave of Reductions — Ohio automotive jobs.
Ericsson Cuts More Jobs, Anticipating Client Cutbacks — 5,000 jobs, but it isn’t clear if any of them are in the US
Tribune’s Los Angeles Times to Cut More Jobs by March — No numbers, and technically this is from the 19th.
BHP Faces $1.7 Billion Charge on Mine Closure, Jobs — 6,000 jobs, mostly in Australia.
Bank of America Said to Cut About 1,000 From Investment Banking — This is still speculation
BlackRock Net Falls 84% on Job Cuts; Assets Rise — 500 jobs, though it sounds like most of them were already cut
Actually, today was a pretty good day for US job cut announcements. If not for Eaton, I might have ruled out the rest on technicalities. The market soared in the afternoon, with the S&P closing up 4.3%. Not too shabby.
-
robot-heart liked this
-
crazynutjob posted this
