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Job Cuts by Company
I decided to add the job cuts page in addition to the retail store closing page so folks can understand what is really taking place in our global economy. We hear about on tv, but we don't really fully grasp what impact these numbers will have going forward. In order to be a succesful investor you need to understand what the current trends are. For example, I would not invest in any financial institution or retail business at this time just look at the numbers and store closings. This information is key so you can be informed and educated in making investing decisions. Here we go, this is scary. I'll be adding more to this list as it is made public.
| Adobe Systems |
600 |
| Alcoa |
13,500 |
| AT&T |
12,000 |
| Applied Materials |
1,800 |
| Bank of America |
35,000 |
| Barclays |
2,100 |
| Boeing |
4,500 |
| Caterpiller |
20,000 |
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If this doesn't do it for you then I don't know what else will. That's a lot of people losing their jobs who will be looking for work most likely in competition with you and his or her fellow neighbor. One thing is for sure, these folks will not get the same pay as they once did so you know people will be cutting down and not spending so much. You should too, please take this information to heart and don't over spend. Buy real assets with your money something that will be worth something in the future. It is safe to say that these job cuts will grow much larger as more companies file for bankruptcy or go out of business altogehter.
Back to the Homepage
Click here for a list of all Retail Store Closings
Back to the Job Cuts Page
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