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Layoff Count
(FORTUNE Magazine) – Valentine breakups are awful. Just ask the employees recently dumped by their bosses. FORTUNE 500 companies announced 64,510 job cuts in February, according to consulting firm Challenger Gray & Christmas, bringing our 2002 total to 200,939. Among this month's heartbreakers: Goodyear slashed 3,500 workers, Sprint eliminated 3,000 employees, and GM did away with 2,850 jobs. Now for some good news: This month 1,200 furloughed flight attendants were recalled by United Airlines. With talk of the recession abating, more companies may soon be calling their exes. --Ellen Florian |
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