More losses at Citibank, and the Dow is up over 260 points.
Well : REALITY CHECK:
Falling consumption----> lower corporate profits----> job cuts----> Falling consumption
AT&T Cuts 4650 Jobs, Mostly Managers, Amid Line Loss (Update4)
City of London job losses could rise to 40000 - JP Morgan
JP Morgan Has Yet To Determine Number Of Job Cuts-Spokesman
FACTBOX-Global financial job cuts: many more to come
Merrill Lynch Posts $1.96B Loss; Announces 4000 Job Cuts
Goldman Cuts More Jobs, Citing `Market Conditions' (Update1)
Harley Net Falls 2.5% on US Sales; Job Cuts Planned (Update1)
AMD Warns of Low Sales and Job Cuts
AMD starts layoffs in Austin, US
Lehman Brothers confirms another 200 UK job cuts - 20 February 2008
Citigroup Reports $5.1B Loss, Cuts 9000 Jobs
Eli Lilly & Co May Slash 500 Jobs
UBS piles on misery with City job losses
US: Sara Lee cuts jobs in North America
New Motorola job cuts bring total to 10000
Google to make first big job cuts
Dell Job Cuts to Top 8800 as US Spending Slows (Update2)
Dell CEO Says to Expect More Job Cuts
JP Morgan analyst causes storm with job cuts prediction
US job losses deepen in March as employers cut 80000 posts
More layoffs, cuts as US drug makers face generics, other woes
Schering Up Most in Eight Years on Job, Plant Cuts (Update3)
Is ethanol to blame for 1100 job cuts at Pilgrim's Pride ...
Chrysler plans big tech job cuts
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