Labor Day 2012: 8 Biggest Layoff Announcements

intro: It's seems it's going to be another tough Labor Day for labor. The U.S. unemployment rate is 8.3 percent, with most jobs lost this year from local and federal government. In the private sector, many companies are shedding headcount less due to a flailing economy, as in previous years, but because of the state of its business or industry, said John Challenger, CEO of executive outplacement firm Challenger, Gray and Christmas. While many companies quietly and slowly reduce headcount,...Full Story
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