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The number of people who are newly unemployed are starting to request less jobless benefits. The government said on Thursday that the number of requests for jobless benefits are finally starting to taper off. The unfortunate news is that the number of people who are …

In October, Motorola announced that it would be cutting 3,000 jobs and now it has announced that 4,000 more jobs will be cut immediately.
From the AP:
The company said the move will save about $700 million a year starting in 2009, and total $1.5 billion in …

The economy overshadowed the holidays this year with over 100,000 people losing their jobs over the holiday season. Not even Gene Autry could give many people a happy season this year.
Bank of America has announced major layoffs, as well as several other companies already. And …

American Express is also going through some hard times, in an effort to cut $1.8 billion in 2009, it is laying off 7,000 workers, about the equivalent of 10% of its workforce. After four straight quarters of losses, not only is Amex going to …

Yahoo announced that it will be cutting at least 1,500 from its workforce. With its stock at a 5.5 year low, this is the second time in 9 months that Yahoo has looked to layoffs to make up lost profits. 1,500 workers equals …