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To: redfish who wrote (285931)5/3/2004 10:22:13 AM
From: Bid Buster  Respond to of 436258
 
LMAO



To: redfish who wrote (285931)5/3/2004 10:32:15 AM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
red, "Who's going to be voted out of prison duty and into the front lines?" Sounds perfect for a Fox reality show, though Barbara Walters may want it for ABC. <G>



To: redfish who wrote (285931)5/4/2004 11:23:21 AM
From: redfish  Respond to of 436258
 
DJ Challenger CEO: Cos Continue To Lower Costs With Job Cuts

05/04/2004
Dow Jones News Services
(Copyright © 2004 Dow Jones & Company, Inc.)

NEW YORK (Dow Jones)--U.S. Companies continue to pare down operations by cutting jobs, particularly in the financial, consumer goods and manufacturing industries, according to John Challenger, chief executive of human resources outplacement firm Challenger, Gray & Christmas.

Speaking on CNBC Tuesday, Challenger said these industries have all cut about 40,000 jobs this year.

He noted, however, that a survey released earlier Tuesday by Challenger shows that the number of announced job cuts last month were 51% lower than those reported in April 2003.

The report, which is an anecdotal, non-statistical survey of media reports, said there were about 72,184 announced layoffs in April.

The primary driver of these job cuts last month was in the government and nonprofit sectors, which Challenger said is a product of government cutbacks in the face of increasing budget deficits.

Regionally, the Midwest had the largest number of job cut announcements last month, of which 26,000 were in Illinois. There were 20,000 job cut announcements in the West.

Challenger noted that the second quarter is traditionally the slowest period for layoffs, and he expects a slowdown in job cuts leading up to the summer months.

-Mohammed Hadi; Dow Jones Newswires; 201-938-2007

(END) Dow Jones Newswires

05-04-04 1116ET