Showing posts with label Hard times. Show all posts
Showing posts with label Hard times. Show all posts

Saturday, January 31, 2009

Monday, January 26, 2009

Working Men Are Pissed.


Women too, of course, but I was quoting the Minutemen.

From The Daily Beast: 

The week is off to a rough start on Wall Street as a slew of companies announced large job cuts this morning: Caterpillar is eliminating 20,000 jobs and lowering its earnings forecast because of the recession; Pfizer is firing 15% of its staff—or 19,000 people—after its acquisition of Wyeth is completed; Home Depot is cutting 7,000 jobs and closing its expo design centers; Sprint Nextel is slashing 8,000 jobs in an effort to save $1.2 billion; and Royal Philips Electronics will axe 6,000 positions. On Capitol Hill, meanwhile, Republicans are balking at President Obama's stimulus plan.

The Washington Post has more here.

And--from 1984--here are the Minutemen...

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