The last week of January was a killer for thousands of workers hoping to keep
their jobs, as employers announced massive job cuts.
While it will not be until the end of the week when we get the official word
from the U.S. Department of Labor about the total number of jobs lost in
January, the announced cuts just in the last week of the month totaled more
than 100,000 jobs lost -- or to be lost once the cuts are implemented.
While this recession continues to go deeper and take its toll on many
employers and employees alike, one does have to wonder about the business
model of some of these companies and why they could not do a better job
of taking proactive steps when this economy started tanking more than a
year ago.
Here's the list of shame -- of the 50+ employers who announced job cuts (or even
more job cuts) of 500 or more employees in January:
The QuintCareers team called this economic mess a recession when no one else was willing
to do so, and we are still optimistic that both the economy and the job market will shows
signs of recovery in the second half of 2009 -- assuming both government leaders and
business leaders begin making better choices in the weeks and months ahead.
