Mike: Good day to all. The news at the start of the day is gloomy for many who have lost jobs at SAP, DuPont, Molex and other locations. But if you have money in the stock market, you can be thankful this morning as it appears that there is great optimism for the upcoming US stimulus vote. I’m […]
Mike: Let’s hope Tuesday is a lighter layoff day than Monday turned out to be. Still plenty of earnings and economic reports to sway the market and the layoff announcements. There have been a few large layoff announcements this AM starting with Corning cutting 3500 and Ashland laying off 1300. Outrage of the day: So the […]
Mike: This week is shaping up to be tough for job losses as Caterpillar, ING Group, Sprint, Pfizer, Home Depot, Philips , and Texas Instruments have already announced thousands of job cuts today. This is also a big week for economic reports and those readings will indicate if the recession is getting worse, or if it is slowly improving. The majority seem to think […]