Title: Tens of Thousands of Jobs Lost

" The economy on edge and getting worse some calling yesterday black Monday. After a handful of major US corporations announce massive job cuts the layoffs totaling more than 76000. By the end of the day companies they'd the only option they have to deal of dropping sales and a worsening credit crunch. Tennessee based caterpillar laying off the most with 20000 jobs being cut. Harley-Davidson 11000. Sprint Nextel cutting 8000 jobs General Motors also making job cuts as well."

" And a -- definitely have an impact right here in the bay state Home Depot one of the companies making deepest cuts. With most of those job losses at its expo design centers which are all being closed. Fox -- Arnold joining us live from Burlington when -- expo center is just the latest in a long line of closures here in the state keep the good morning."

" Kim good morning that's right folks across the state here are still in the crippling effect on me here in Burlington it's no different. Take a look where shopping here efforts GC linens and already closed. It comes right back over just a couple of stores over now expo design center right here that snacks. And at this point there's no sign of relief more companies nationwide and locally are expected to cut payrolls in the next month at. Home Depot is cutting jobs from its smaller ran stories like expo design center here in Burlington. This location will close over the next two months and last night during its town meeting here the Burlington County administrator told residents. That the retail this is in this area are taking huge yet. It's not -- at more cutbacks and closures are on the way."

" From Sun Microsystems last Friday for many -- people. Circuit City for 76 people -- Burlington. Home expo there's another one Twitter has announced KB toys has announced Walden books has announced. I think we're going to see more."

" And just yesterday buys are the world's top drug maker confirmed its Bahrain rival Wyatt. That merger could lead to about 8000 layoffs. Here at the -- it's already this year I cannot to a good start if you keep -- last year 2008. About two point six million jobs were lost. Reporting live this morning in Burlington and Keba Arnold Fox25 news."