Mike: Good day to all. Today is starting out with some bad news on the layoff front, as this blog’s headline suggests. Must be the corporate leaders are getting back from their extended July 4 breaks and are ready to get back to downsizing. There are a couple of defense related layoffs with the Boeing […]

Continue reading about Unemployment: It’s worse than you think – CA to cut another 2000 state jobs? – Boeing to cut 1000 defense jobs – US Airways to release 600 – Lockheed to chop 600 – Andersen cuts more than 500

Mike: My job has been a little easier so far this week with the reduced number of layoff announcements, which may be an indication that there’s a slowdown in layoff activity, at least in the short-term. These’s plenty of retail economic news out there today and it’s a very mixed bag. I’ll let the people […]

Continue reading about Johnson Controls chops 211 – GE Capital lays off 127 – Stride Rite cuts 120 – Retail sales improve? – Chicago: union deal by midnight or 431 lose jobs

Mike: Good day to all. Today is starting out quiet for layoff announcements and the economic calendar is light, so here’s the latest news: Mike: Bailing out these financially and ethically bankrupt institutions was a huge waste of trillions of taxpayer dollars, yet the bailouts continue to drain taxpayer funds that could be used for […]

Continue reading about Navistar lays off 275 – Toyota may close NUMMI auto plant – CA state universities stop spring enrollment due to budget cuts