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01-27-2009, 11:53 AM #1
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US Layoffs - 'No End In Sight'
Job-killing recession racks up more layoffs
BY JEANNINE AVERSA
• ASSOCIATED PRESS
• January 26, 2009
WASHINGTON -- The recession is killing jobs at an alarming pace, with tens of thousands of new layoffs announced Monday by some of the biggest names in American business -- Pfizer, Caterpillar and Home Depot.
More pink slips, pay freezes and other hits are expected to slam workers in the months ahead as companies desperately look for ways to survive.
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