Economy
Astonishing Worker Layoff Count Today (PFE)(WLP)(PFE)(HTZ)(AMD)
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Looking at the headlines at WSJ.com, the majority are about large companies that cut workers today. Circuit City is liquidating, which could put 30,000 people out of work. AMD (AMD) is cutting 1,100. Pfize (PFE) is letting 2,400 salesmen go.
Hertz (HTZ) is firing 4,000 people and Wellpoint (WLP) laying off 1,500. All that on one web page.
Dark day.
Douglas A. McIntyre
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