Whirlpool to cut 5,000 jobs to reduce costs

Started by walkstall, October 28, 2011, 11:58:05 AM

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walkstall

Hmmmm....New housing down and  remodeling down.  People are just keep what they have until it stops working, only then do they make up there minds to fix or get new ones.   

snip~
NEW YORK — Appliance maker Whirlpool Corp. plans to cut 5,000 jobs, about 10 percent of its workforce in North America and Europe, as it faces soft demand and higher costs for materials.

The world's biggest appliance maker also on Friday cut its 2011 earnings outlook drastically and reported third-quarter results that missed expectations, hurt by higher costs and a slowdown in emerging markets. Shares fell 12 percent in midday trading.

The company, whose brands include Maytag and KitchenAid, has, like other appliance makers, been squeezed by soft U.S. demand since the recession and rising costs for materials such as steel and copper. Due to its size, Whirlpool's performance provides a window on the economy because it indicates whether consumers are comfortable spending on big-ticket items.

more @
http://xfinity.comcast.net/articles/news-general/20111028/US.Earns.Whirlpool/
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Dan

All this crap the lefties in the press are saying about our economy showing signs of life is a big, fat, stinking lie. What you posted here is more predictive about the future than all the leftwing analysis they can spew.
If you believe big government is the solution then you are a liberal. If you believe big government is the problem then you are a conservative.

walkstall

Quote from: Dan on October 28, 2011, 01:11:30 PM
All this crap the lefties in the press are saying about our economy showing signs of life is a big, fat, stinking lie. What you posted here is more predictive about the future than all the leftwing analysis they can spew.

Let see, I was gone for two month.  In going through my mail....
10 things from AARP

42 things about health care.

35 things from Banks other them my bank.  One from my bank, they would like me to take out a credit card.  lol 

Alone with 32 phone calls that said thay could help me with my credit card problems.  lol  I have no credit cards
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Dan

Whenever telemarketers call I try to talk to them about off subject matter. My aches and pains. How my cats are fighting. Who won on Jeopardy that day. It's fun to listen to them try to get off the phone.
If you believe big government is the solution then you are a liberal. If you believe big government is the problem then you are a conservative.

Solar

LOL...
I did that a few times and it works sooo well!
I pretended to have a hearing problem and repeated everything they said, only with a disgusting interpretation, then I said I was going to call the police and report them for sex crimes.

They hung up. :))
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

walkstall

Quote from: Solar on October 29, 2011, 09:20:56 AM
LOL...
I did that a few times and it works sooo well!
I pretended to have a hearing problem and repeated everything they said, only with a disgusting interpretation, then I said I was going to call the police and report them for sex crimes.

They hung up. :))

We get recorded calls 99% of the time.  From credit card co.  And bill collectors for who had the phone number before us.  I call them back and tell then she does not live at this number and the just hang up on me.  They have been calling for 3 years now.   I think she keep giving out her old phone number for everything as they about 20 calls a month.   >:(
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar

Quote from: walkstall on October 29, 2011, 12:05:27 PM

We get recorded calls 99% of the time.  From credit card co.  And bill collectors for who had the phone number before us.  I call them back and tell then she does not live at this number and the just hang up on me.  They have been calling for 3 years now.   I think she keep giving out her old phone number for everything as they about 20 calls a month.   >:(
You can file a complaint for harassment.
Call your State for info.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!