HOW MANY COMPANIES HAVE 16,000 JOBS TO CUT?
WorldCom may cut 16,000 jobs. Cuts to come from network operations [InfoWorld: Top News]
IBM TO LOSE MONEY
IBM plans to take a charge of $2 billion to $2.5 billion, a move that could result in its first quarterly loss in eight years. It issued layoff notices to 1,500 chip plant workers. [Wall Street Journal]
© Copyright 2002 Steve Pilgrim.