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Economy: Job Layoffs #919264

CBS Evening News for Monday, Jan 26, 2009
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(Studio: Katie Couric) The announcement of massive job cuts at five major companies {named} noted.

(Studio: Anthony Mason) The job cuts at Caterpillar, Pfizer, Nextel and Home Depot examined. [Caterpillar spokesman Jim DUGAN†- comments on the slow economic growth.] [Standard and Poor's economist Dave WYSS†- says now cuts are everywhere; predicts high unemployment.] [YRC Worldwide CEO Bill ZOLLARS†- says workers will share the pain because the situation is deteriorating.] The encouraging rise in existing home sales discussed.

Couric, Katie;
Mason, Anthony

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