Global Meltdown: The Fine Print

Chanced upon these figures:

…companies in their bid to save costs, have announced more than one lakh [100,000] job cuts in the month of December alone in the US, while so far in 2008 there have been close to 20 lakh [2 million] layoffs.”

No figures available on what’s going to happen the next month, as well as through 2009.