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Published: Mon, 26 Jan 2009
Description: By 9am on Monday, 45,000 jobs across were gone. Home Depot, IBM and Sprint/Nextel were just a handful of companies slashing their workforce. FOX25's Sharman Sacchetti has the latest.
Full Article: http://www.myfoxboston.com/myfox/pages/ContentDetail?contentId=8313418
Automatically Generated Transcript (may not be 100% accurate)
" The guessing we'll let his job losses gets even worse wholly false idea Harley-Davidson. Sprint Nextel all slashing their work forces bloodshed by 9 AM was 45000. Jobs to get much much higher. Posted by Sharman Sacchetti is alive but failed Sharman the numbers staggering."
" They really are marking the day may have opened with 45000. Job losses but it's closing. -- did close with closer to 71000. Job losses here in Burlington they certainly seen their share take a look at Linens 'n Things it's dark that closed weeks ago. And now expo design center. That's next. But -- just keep coming nationwide tens of thousands of job losses announced today alone. Home depots says it's cutting 7000 jobs at smaller brand stores like expo design center. Expo will close over the next two months as the recession batters the housing market. Here in Burlington it's another it'll."
" Long list of closures and Sun Microsystems less Friday for many fine people Circuit City for 76 people here in Burlington. The home expo there's another one Twitter has announced KB toys has announced Walden books has announced."
" At tonight's town meeting the Burlington town administrator told the crowd the area's retail business is taking a big hit and it's not over yet but I think we're going to see more. Indeed also announcing job losses nationwide Sprint Nextel with 8000 GM 2000. And caterpillar another 5000. Shoppers say they're hopeful things turn around soon."
" With Circuit City up the street clothing and since kind of hard to believe that no one bad shopping season can put -- insane like this out of business."
" Whole trend. It's."
" It's and it sounded sits where -- and hopefully it won't get too much worse before it gets better."
" So far there is no relief in sight more companies in fact are expected to cut payrolls in the months ahead. And remember we're less than a month into the new year so far 200000. Job losses for this first few weeks of the new year. -- in Burlington tonight Sharman fox."
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