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Posts published in “Day: January 24, 2009”

Across the board

One of the startling aspects to the economic mess we're in is the sweeping nature of it - it seems to be affecting a massive range of business, and presumably others as well.

Cuts of 5,000 jobs at Microsoft (and most of those at Redmond). About 1,000 at Starbucks (a lot of those at Seattle - a third of headquarters). South of the Columbia, Intel is cutting about 1,000 jobs in Oregon (out of 5,000 overall).

And there's this rundown in the Oregonian (itself wafting through waves of cuts): "A thousand at Intel. Up to 1,000 at Oregon Health & Science University. More at Harry & David, Xerox, Mercy Corps, Medical Teams International, Precision Castparts, Hollywood Entertainment, Daimler Trucks North America and others. And that's on top of 174,000 Oregonians -- double the entire population of a city such as Gresham or Beaverton -- who were jobless at the end of December."

Rough.