United Technologies Plans to Cut 11,600 Jobs
Major tech company feeling the crunch
United Technologies Corp., maker of Otis elevators and Carrier air conditioners, says it will slash 11,600 jobs worldwide. The company is struggling with lower sales and profits.
Chief Executive Officer of United Technologies Louis Chenevert says the company had been expecting an economic recovery during the second part [...]
The Bush Economy |Article by Your Payday Loan Source
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No surprise here
In eight days, Barack Obama will take over the nation’s top job and move into the White House. As the transition nears, the news media are being flooded with reports summing up just exactly how bad the economy [...]
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