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    Recent articles related to the financial crisis.

    Friday, February 06, 2009

     

    Closures & Layoffs (Feb. 1-7)

    by Dollars and Sense

    From Mark Heschmeyer at CoStar.

    2008's Brutal Layoff Count

    A Weekly Report on Future Corporate Downsizings

    By Mark Heschmeyer |February 4, 2009

    In this week's issue:

    * Sacked: 2008's brutal tally of job losses.

    * Macy's cuts workforce by 3.9%; reduces capital expenditures; reorganizes.

    * Starbucks closing 300 more stores; cutting 6,700 jobs.

    * Plus, a whole new round of major U.S. corporation closures and layoffs were announced in California, Florida, Georgia, Illinois, Indiana, Michigan, Mississippi, Nevada, New Jersey, Ohio, South Dakota, Tennessee, Texas, Virginia and Washington.

    Read the rest of the report.

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    2/06/2009 04:42:00 PM

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