Tag: layoffs
Comparing Home Depot And Lowe’s
I’ve noticed something really interesting in the market. It’s been happening over the last month. What I’m seeing is a divergence in stock performance. Yes, the markets have been horrible. As a matter of fact, you’d be hard pressed to find more than a handful of stocks doing really well. What I’ve noticed is on […]
Layoffs And Rising Unemployment
I woke up this morning to some unsettling news. Dow Chemical (DOW) is shutting 20 plants and asking 11% of its workforce to leave. On top of that, they’re cutting another 6,000 contractors from payroll. Last week DuPont (DD), another chemical manufacturer, dismissed 2,500 employees. 3M (MMM) is also announcing layoffs this morning… 1,800 jobs. […]