Stocks tumble on job cuts and fears about the economy

News that Motorola plans to cut up to 4,000 additional jobs sent the stock market down sharply today.

Stocks tumble on job cuts and fears about the economy
Sat, 10 Feb, 2001 - 08:52

News that Motorola plans to cut up to 4,000 additional jobs sent the stock market down sharply today.

Investors grew more pessimistic about the prospects of a quick turnaround for the economy and company earnings.

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CourtsOrganisation: MotorolaOrganisation: NasdaqOrganisation: DellOrganisation: Nortel NetworksOrganisation: OracleOrganisation: J P Morgan ChaseOrganisation: Johnson & JohnsonOrganisation: Duke EnergyOrganisation: Wal-MartOrganisation: LucentOrganisation: Securities and Exchange Commission
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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