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To: tsigprofit who wrote (11966)12/11/2002 10:26:34 AM
From: Bucky Katt  Respond to of 13094
 
How about homeland insecurity? Seriously, there are no new jobs being created in IT, that I can see.

And MCD isn't doing much vis-a-vie new jobs either...

This can go 2 ways, get better, or get worse. You know where I stand.



To: tsigprofit who wrote (11966)12/11/2002 3:05:48 PM
From: Bucky Katt  Respond to of 13094
 
Looks like Sprint & Aetna won't be hiring anytime soon>

Aetna Inc.(NYSE:AET - News), the No. 2 U.S. health insurer, said on Wednesday it will cut almost 700 jobs and take a $30 million charge in the fourth quarter to reduce costs as membership shrinks.



The work force slimming brings total job cuts since late last year to nearly 8,500. The Hartford, Connecticut-based insurer, which has been trying to boost profitability after a string of losses in 2001 and a management reshuffle, will have a work force of 27,500 after the move.
___________

Sprint Corp. (NYSE:FON - News) said on Wednesday it would cut about 2,100 jobs, the second round of layoffs at the No. 3 U.S. long-distance telephone company in the last month, to cope with the severe industry downturn.



The latest cuts, which affect about 3 percent of Sprint's work force, come as it faces weak demand for long-distance, wireless and data services, a problem plaguing all phone companies.

"The job cuts are certainly consistent with what we've been seeing industry-wide," said Jefferies & Co. analyst Richard Klugman, who has a "hold" rating on Sprint.



To: tsigprofit who wrote (11966)12/13/2002 4:08:06 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
There should be a way to put this brainpower to work on Homeland Security. Sounds like a good idea to me.

Matt:

Homeland Security will create many jobs... The rebuilding of the World Trade Center should create tens of thousands of jobs... All of this should begin taking place in early 2003... In the meantime, Iraq, Al Qaeda, Venezuela, Enronitis, Small Pox talk, and Trent Lott's loose lips are weighing on the market... After a rocky Monday we'll see if the market will offer Holiday Cheer...

Jim