Thread: Citibank to lay off another 50,000 people and unemployment can hit 9%
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Old 11-17-2008, 04:38 PM  
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Originally Posted by budsbabes View Post
add to that 3 million more if the auto industry collapses to "teach the unions are lesson" and the multitude of chains that will go down after a shitty xmas season.
Those union benefits and contracts do weigh the auto giants down. Then again, so did their CEOs bad decisions.
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