Closures and Layoffs: Jan 25-31

Posted by Chris Sturr | Filed under Uncategorized | Jan 29, 2009 | No Comments

From Mark Heschmeyer at CoStar.

Caterpillar, Microsoft, Home Depot Layoff Tally Tops 32,000

A Weekly Report on Future Corporate Downsizings

By Mark Heschmeyer | January 29, 2009

In this week’s issue:

  • Caterpillar levels 20,000 jobs.

  • Home Depot shuttering stores; cutting 7,000 jobs.
  • Microsoft to lay off 5,000; halts data center project, office lease talks.
  • Plus, a whole new round of major U.S. corporation closures and layoffs were announced in Alabama, Arizona, California, Connecticut, Florida, Georgia, Indiana, Kansas, Kentucky, Massachusetts, Michigan, New York, Oregon and Virginia.

Read the rest of the report.

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