Monday, January 26, 2009

Caterpillar, Sprint, Pfizer Slash Jobs as Sales Fall

Caterpillar, Sprint, Pfizer Slash Jobs as Sales Fall (Update1)


By Don Jeffrey

Jan. 26 (Bloomberg) -- Caterpillar Inc., Sprint Nextel Corp. and Home Depot Inc. led companies today announcing at least 72,500 job cuts as sales withered and construction slowed amid a global economic recession that may persist through 2009.

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