News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Companies Prefer Layoffs To Pay Cuts



11/18/2008 3:45:40 PM

BusinessWeek -- The parallels between the current economic downturn and the Great Depression are often scary. This is the first time since the 1930s that the U.S. has experienced big, extended declines in house prices. And as in the Depression, the financial system is under extreme stress.

Read at MSNBC


comments powered by Disqus
MSNBC
 
 

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES