4 ms·
More than 80,000 jobs cut in just five days
- deleted 18y ago[deleted]
- quoderat 18y agoThe financial crisis is more than half over, but the follow-on economic crisis in the real world is only about 1/10 of the way through, I'd guess.
- gibsonf1 18y agoI hate having to agree with you, but yes, I agree. My experience of past bad times, such as 87-91, is that the market is a leading indicator of really bad times ahead, and this seems to dwarf anything I've ever seen. The global nature of this is also novel - in '90 I rode out the bad time in the US working in Japan - now there's no place to go.
- DenisM 18y agoYep. We have some wasy to go yet: http://dshort.com/charts/bear-markets.html?four-bears http://dshort.com/charts/bear-markets.html?four-bears
- oneoffaccount 18y agoHad a couple of those hit the office today in fact, it is a scary place out there.
- gaius 18y agoOnly giant corporations "announce" job cuts. These figures don't include any small or medium sized companies remember.