minus 200 1K-units, not a good start for this tracker. Sony Plans Up To 20,000 Job Cuts http://www.cbsnews.com/stories/2003/10/07/world/main576891.shtml
Ebo, don't forget this is economy. We are in the cloth of economist. Economy news has either leading or lagging effects on the markets. Which comes first, only "they" know.
Subtotal:-6 units Total to date: -26 units ------------------ -2 units Duke to Cut 2,000 Jobs As Earning Plunge http://story.news.yahoo.com/news?tmpl=story&u=/ap/20031030/ap_on_bi_ge/earns_duke_6 -2.5 units EDS Has Small Loss, Cuts 2,500 More Jobs http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031030/bs_nm/tech_eds_earns_dc_3 -1.5 units Alitalia to Cut 1,500 Jobs http://story.news.yahoo.com/news?tmpl=story&u=/ap/20031030/ap_on_bi_ge/alitalia_job_cuts_1
Subtotal: -7.2 units Total -33.2 units Tyco to Cut 7,200 Jobs, Exit Businesses http://biz.yahoo.com/rb/031104/manufacturing_tyco_earns_15.html U.S. Job Cuts More Than Doubled in October- Report http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031104/ts_nm/economy_layoffs_challenger_dc_7 Layoffs more than double in October http://cbs.marketwatch.com/news/story.asp?guid={587E1DC6-895E-472F-8F42-C3B1BB851495}&siteid=mktw Job Cuts Surge 125 Percent in October http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031104/us_nm/economy_layoffs_challenger_dc_1 Sad but true.
Subtotal: -1 units Total -34 (round) units CSX Railroad to Cut Up to 1,000 Jobs Only one unit here and a few more fractions. Who cares. We just count big blocks. So, a summary is that things are really looking up!
Subtotal: -6 units Total -40 (round) units Texas-Based SBC To Cut 4,000 Jobs Washington Mutual Cuts Outlook, Cuts Jobs: another 2000 Chevron to Sell Some U.S. Assets, Cut Jobs: cut 150 to 200 U.S.-based jobs --skip Tech Study Firm Gartner to Cut 200 Jobs --skip 3M Co. Will Cut Another 125 Jobs -- skip Mitsubishi to Cut Up to 425 Illinois Jobs -- skip GE Medical Systems Cuts Colo. Work Force : cut 140 manufacturing jobs -- skip So, it starts to look cloudy again. Hope it is just an event of one day or two.
is the stats for every other company in the U.S. that just hired someone...every large corporation and every little Ma and Pa operation. Also, how many people just started a business during this period? We need all the stats to make a true conclusion in which to trade from. My T&S window has the "Bid" and the "Ask" not just one side of the story...we need both sides to make decisions from. Chris
Okay, here are the numbers after being avoided in a joyful holiday season. Subtotal: -340 (round-off) units (1000 head) Total: -380 units Eastman Kodak to Cut Up to 15,000 Jobs J.C. Penney to Cut 475 Jobs, Federal Fisheries Department planning to cut 600 jobs PalmOne to Cut 100 Jobs White Rose to shut nine garden stores, cut 75 full-time jobs, 200 part-time France Telecom to Cut 14,500 Jobs WorldCom Plans New Job Cuts: 1,700 employees Weirton Job Cuts Could Hit 800 Les Boutiques San Francisco to cut close to 600 jobs and sell 54 stores Boots Pharmacy Chain to Cut 900 Jobs French insurer AXA to cut up to 700 jobs in Britain Alcan Inc. to close Quebec smelter this spring; 550 jobs to go Schering-Plough Cutting Jobs in Ireland: 3000