Careers Slideshow: Where the Jobs Went
By Edward Cone | Posted 11-06-2009Where the Jobs Went
17,146 jobs lost in October due to restructuring.100,515 for the year to date.
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15,909 jobs lost in October due to companies closing.102,625 for the year to date.
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10,242 jobs lost in October due to cost-cutting. 184,273 year to date.
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5,677 jobs lost in October due to "economic conditions."429,847 year to date.
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3,632 jobs lost October due to demand downturn.177,082 year to date.
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3,000 jobs lost in October due to Merger/Acquisition.62,863 year to date.
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Other leading reasons for cuts (YTD):Bankruptcy 50,417Outsourcing 3,100Technological Update 331"No Clear Reason" 367
