More Real Job Loss
"Harry Krause" wrote in message
...
Merck to cut 7,000 jobs
GM to cut 30,000 jobs
Ford to cut 4000 jobs
Casual Corner is closing 525 stores.
Interstate Bakeries has already shed 4000 jobs and is looking at dropping
another 450.
These are real jobs, not the McBush jobs Presidummy touts.
I'm not familiar with Merck's situation, so I can't comment on that.
GM's story has been all over the news. Nobody's blaming "the economy" for
their problems. Rather, the public's not buying their cars in large enough
numbers, and they're being bled to death by some very stupid labor
agreements, some of which involve paying people full salary to sit around
doing absolutely nothing.
Ford's got the same problems.
Casual Corner is probably a victim of bigger discounters, especially since
the clothing's pretty much the exact same crap with a different label.
Interstate Bakeries....Harry, do your research. The company filed for
bankruptcy in September of 2004. Their problems have little or nothing to do
with politics. Competition is the main issue, as well as dietary changes in
this country - same thing that's hammered Krispy Kreme's business.
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