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Amex to slash 4,000 jobs worldwide


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chintan jhunjhunwala
recovering
by chintan jhunjhunwala on May 19, 2009 09:40 PM  | Hide replies

i thought the american economy was showing signs of recovering then why still people getting layed off.one sign of american economy recovering is the spike in oil prices.all bull.speculators want to earn some money in oil so they start these bullshit speculative rumours.the big players never lose it is always the small fish who lose out.

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abhishek
Re: recovering
by abhishek on May 20, 2009 01:16 AM
Oh well, dont you think recession has given the higher management of any company a very good excuse to lay off people in bulk for cost cutting?
If these companies tried to layoff so many people at once when the economy was healthy there would have been an uproar and may be action from the governments. But right now they are free to do whatever they want!

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