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Reuters: Planned layoffs jump to near five-year high

Started by NaDiNe, November 05, 2008, 02:07:10 PM

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NaDiNe

Planned layoffs jump to near five-year high
      


NEW YORK (Reuters) - Planned layoffs at U.S. firms surged to their highest in nearly five years during October, with cuts in the financial and auto sectors leading the charge as the economic outlook worsened, a report by outplacement firm Challenger, Gray &amp; Christmas said on Wednesday.</p><div class="feedflare">
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