Still Seeking Job Seekers
As a once-robust economy sputters, reports of layoffs have grown as familiar as the daily weather forecast. Among the cutbacks announced and grabbing headlines in recent weeks: 350 dismissed at Barnes & Noble's BN.com, 700 canned at eToys, 1,300 slashed at Amazon, 10,000 let go at Lucent, and a staggering 26,000 downsized at DaimlerChrysler. Layoffs in the fourth quarter of 2000 jumped 54% from a year earlier, according to the Labor Dept.'s Burearu of Labor Statistics. This translates to 226,185 pink slips. And that was just at the big companies.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Turns Out It Will Be Congress's Fault When Stocks Crash
- Facebook and Google Helped Anti-Refugee Campaign in Swing States
- Ford to Take $267 Million Hit From Recall of F-Series Trucks