Tuesday, January 27, 2009

A heavy dose of layoff news

More companies big and small announced Monday that they are cutting jobs or closing down. Among the news:
  • Home Depot is closing down its Expo stores, affecting 150 workers in Nashville.
  • Caterpillar is laying off 20,000 people. No word on the local impact.
  • General Motors will halt production for several weeks at nine plants, including the one in Spring Hill.
  • Sprint Nextel will cut 8,000 jobs in the first quarter.
  • radius10, a restaurant in the Gulch near downtown, is closing its doors.
It's a lot to absorb in a single day.

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