On Monday, seven companies issued announcements regarding plans to cut more than 71, 400 jobs. On Tuesday, six more companies announced layoff totaling more than 11, 500. In January alone, companies have announced more than 211,500 job cuts.
Source:
CNNMoney: More Than 11,500 Job Cuts Announced Tuesday
CNNMoney: Bloody Monday: Over 71,400 Jobs Lost
