U.S. Corporate Layoffs Up 22% in November

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001070-us-corporate-layoffs-up-22-in-november/

By Rex Nutting, MarketWatch

Led by sharp cuts in the automotive industry, planned job reductions by major U.S. corporations increased 22% in November to 99,279, according to a monthly tally released Wednesday by outplacement firm Challenger, Gray & Christmas.

Planned layoffs have increased three months in a row.

Layoffs were down 5% from November 2004′s 104,530.

For this complete story, please visit U.S. Corporate Layoffs Up 22% in November.

U.S. Corporate Layoffs Up 22% in November

Unknown Author

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