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At Least 30,000 More Jobs Cut - Just Another Day -12/04/08 at 1:01 PM CSTby Reggie Abaca

Here's the list: AT&T said it would cut 12,000 jobs, which is 4% of its workforce. Credit Suisse Group said it would cut 6,500 staff jobs, 11% of its worldwide work force. DuPont said it would cut 2,500 jobs. Viacom Inc. said it would cut 850 jobs, or 7% of its workforce. Jefferies Group said it was cutting 358 jobs. The Carlyle Group said Wednesday t...

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American Express Appearing Ultra Conservative -10/30/08 at 2:00 PM CDTby Reggie Abaca

Today, American Express announced they will cut 10% of their work force.  American Express said that it is cutting 10% of its staff, suspending management salary increases and instituting a hiring freeze. The move comes amid what CEO Ken Chenault called "one of the most challenging economic environments we've seen in many decades." Analysts are growi...

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