I was driving home from the dog food store yesterday and tuned in to the traffic report. They said there was a traffic jam because E-Bay was having a job fair.
Meanwhile, today, Xerox Cuts More Than 2,400 Jobs, NCR to Eliminate 1,500 Jobs, and Black & Decker Cutting 1,300 Jobs, “The company announced in January that it would spend $190 million to restructure and move manufacturing from higher-cost plants in the United States and United Kingdom to lower-cost facilities in Mexico, China and the Czech Republic, and announced plans to cut 2,400 jobs.” The articles says 2400, the headline 1300, what’s the difference.
Afternoon Update – Boeing to cut 5,000 more jobs in commercial group
Naturally, the stock market was way up.