More than 100,000 jobs lost in one week
According to CNNMoney: “The bulk of the job loss news occurred on Monday, when several major U.S. companies announced sweeping job cuts, pushing the day’s total to more than 70,000.”
Top 3 Jobs cutters of this week:
Pfizer (PFE, Fortune 500): -20,000 jobs
Caterpillar (CAT, Fortune 500): -22,110 jobs
Boeing (BA, Fortune 500): -10,000 jobs
- The U.S. economy lost 2.6 million jobs in 2008. This includes 21,137 mass layoffs (a 7-year high)
- The Council Board forecast 2 million job losses for 2009.
This seems to be turning into a competition. Who can lay off most? I’d love to read some good news too. Who is hiring?
These days people are talking mostly about layoffs, hiring freeze, ‘no-bonuses-this year’. Some time will pass before we start see ‘mass hiring!’, ‘thousands of jobs available!’ and all this kinda stuff.
P.S. NVidia has posted a few engineering openings in Citrix Systems layoff thread.