Wednesday, January 28, 2009

BizShock: Thousands lost job in a Day!

Microsoft 5000
Caterpillar 20000
Sprint 8000
HomeDepot 7000
TexasInstruments 3800

These figures are not company's revenue, but they are number of job cuts announced by various corporate giants.

Caterpillar said it would cut about 20,000 jobs

Pfizer would be cutting 10 per cent of its 82000, ie around 8200 jobs

Pfizer Wyeth combination may cut some 18000 jobs.

Sprint Nextel announced 8,000 job cuts.

Home Depot said it would cut 7,000 jobs.

Texas Instruments announced it would slash its workforce by 3,400 employees.

Dutch financial group ING also announced about 7,000 job cuts.

Deere & Co, world's leading farm-equipment maker plans to cut nearly 700 jobs.

Microsoft announces 5000 job cuts.

Warner Bros Entertainment announced it would slash its workforce by 800.

Oh God! Stop this jobcut bloodbath!!

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