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Layoffs, Layoffs, Layoffs

Layoffs, Layoffs, Layoffs

In the news today are several large companies announcing large layoffs, including Caterpillar, ING Group, Sprint Nextel, Pfizer, Home Depot, Deere, Philips and Corus. Total job cuts announced today total approximately 61,000 jobs.
Caterpillar, the construction giant will be cutting 20,000 jobs. These job losses are in line with a 25% decline in sales volume.

ING Group, [...]