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Mass Firings Soar at Fastest Pace Since 2010

ISignFred48 Wrote: Oct 26, 2012 3:01 PM
When Romney is elected, the One Percenters will return to the economy and we will be OK. Obama calls himself a 'Post Racism President' and I hope so. He is also a Reverse Racism President who has demonized and persecuted the people who could have helped with cash to invest and experience to operate bussinesses. Bad strategy and failed policy!

In precisely the kind of news president Obama does not want heading into the election, Ford (F), Dow Chemical (DOW), DuPont (DD), and Advanced Micro Devices (AMD) all announced mass layoffs this past week as Firings Reach Highest Since 2010.

North American companies have announced plans to eliminate 62,600 positions at home and abroad since Sept. 1, the biggest two-month drop since the start of 2010, according to data compiled by Bloomberg. Firings total 158,100 so...