2009 - Year of the Pink Slip?

Quote from Ivanovich:

Let me get this straight, you're asking us to go to a Yahoo message board for wisdom?
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Yes I know, but I am still in contact with many former Indian colleagues still working (for now) at the big management consultant firms.

Sometimes the Yahoo boards throw you a bone or two. You just gotta filter the filth from the fact.
 
Quote from wave:

More than 1 million jobs would be cut in 2009. According to CNNMoney.
2008 was just the start...

The number of tech jobs was around 85,000 a few months ago and continues to slide. IT spending cuts in 2009 will be significant. The new motto is "more with less."

http://www.dice.com/

http://www.hunterstrat.com/news/more-microsoft-january-2009-layoff-rumors/

Advertising and Marketing budgets will shrink considerably.
http://www.huffingtonpost.com/2008/12/08/ad-industry-predicts-horr_n_149250.html

http://www.nowpublic.com/culture/advertising-industry-projects-massive-2009-layoffs

http://www.nypost.com/seven/12082008/business/ads_subtracting_143211.htm


Aviation Industry Cutting Back:

http://article.wn.com/view/2008/11/22/Boeing_warns_of_2009_layoffs/

http://www.usaviation.com/forums/lofiversion/index.php/t44102.html

Shipping and Delivery:
http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_U/threadview?m=tm&bn=19022&tid=103621&mid=103855&tof=2&rt=2&frt=2&off=1

Big Pharma:

http://www.fiercepharma.com/story/will-pfizer-layoffs-hit-again-january/2008-12-08

http://layoffblog.com/2008/12/22/wa...-january-february-2009-in-california-hi-tech/


Hold tight, the fun has only just begun. 2009 will be known as the year America learned to do more with less.
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boo hoo hoo no one cares because unemployment is only 6.7%, which is just .7% higher than the upper end of its historical trading range.

stock market surging

go long
 
Quote from wave:

55,000 job cuts announced this morning.
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61,000.


Be careful posting facts, though. Some of the bulls stuck in long positions are very sensitive when facts detrimental to their positions are disseminated, and get all fairied up with one star trigger fingers when they see anything factual posted, stock_turdler and like-minded knucklescrapers chief among them -

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