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Home Depot, Sprint Nextel Cut Tens of Thousands of Jobs
Did anyone watch Obama's video address this weekend? He talks about jobs and boy do we ever need them. Home Depot announced today that they're cutting 7,000 jobs, or 2 percent of their workforce. And Sprint Nextel said that 8,000 have been cut starting today, but by the end of March, 56,000 jobs, which is 14 percent of their workforce, will be cut.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
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