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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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AMX
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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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