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R.I.P.

Filed under: Business Blitz

Caterpillar, makers of bulldozers, dump trucks and excavators, has announced that they are laying off a whopping 20,000 workers.

Additionally, Pfizer Inc. has announced that it is buying rival drugmaker Wyeth and plans to cut 8,000 jabs.

Wow. Wow. Wow.

What a tragic Monday!

Home >> Business Blitz >> R.I.P.

39 comments to “R.I.P.”



  1. 1

    20,000? Is that like all of them? SHIT!



  2. 2

    Boner pill division, doing well!



  3. 3

    This is fucking insane.



  4. 4

    Perez ! No more depressing news please !



  5. 5

    Fuck the financial shit. You so can't do this anymore, it is sooooo obvious. Just grasping for straws. Give up already.



  6. 6

    gossip please.



  7. 7

    There are still places hiring . . . but unless you can take 8 bucks an hour it's not worth it.

    Sad



  8. 8

    Not too happy about the Wyeth buy. Pharmaceutical companies are evil to begin with with all their drug pushing and enticing doctors to prescribe pills unnecessarily. Now there's going to be a monopoly. Sad day.



  9. 9

    Aarrgghh stop with all this fucking news already… This is depressing…



  10. 10

    And no, harry don't need boner pills, that soldier still salutes,just not as many parades.



  11. 11

    Sad…..



  12. 12

    Re: harrybalsac – LOL!!!



  13. 13

    Caterpillar will come back a lot faster than other companies once Obama puts the kaboosh on this phony, Bush war-for-profit, and begins to invest once again in USA infrastructure.



  14. 14

    20,000?
    WOW.



  15. 15

    Wow….



  16. 16

    MIAR, I missed your hatred:)



  17. 17

    Caterpillar gets the prize!



  18. 18

    Re: harrybalsac – haaahaaa. wink*



  19. 19

    Re: _Alice_ – your hair. fucking stunning.



  20. 20

    downer. happy i have a job.



  21. 21

    MIAR -
    your tough love has been truely missed!!



  22. 22

    Re: harrybalsac – lol…



  23. 23


  24. 24

    Re: The Tranny Bitch – Ahahahahahaha…you look even better. Your skin is so…..how do I say…..brownish orange? Hahahaha…..



  25. 25

    Re: mama of 2 – Hey mama



  26. 26

    jabs huh?



  27. 27


  28. 28

    Re: _Alice_ – I missed your niceness!!!!!



  29. 29

    Ironically, despite these thousands of layoffs announced this morning, the NYSE is on the rise…seems like the ONLY thing corporations are concerned about is their "bottom line" and the shareholders. As long as the CEO's have theirs, they could care less about the unemployed or underemployed in this country.



  30. 30

    Perhaps I'm wrong, but it almost seems that you can barely stifle your glee at others losing their jobs, their livelihoods. You run an entertainment blog! Most people that visit your site do so as a diversion from "real" news, which given the current economy is usually bad news. You are no authority on business and most of the layoffs you report are not connected to the entertainment industry. Please stick to what you know. If we want to get the latest on the economic climate in America, we'll look to a more credible, more academic source.

  31. Hole says – reply to this


    31

    wyeth is actually upwards of 30K out of 50K it is worst than forecasted



  32. 32

    Ummmmm, sorry Perez, but the Pfizer acquisition of Wyeth has actually stimulated the stock market. This was really a long time coming, as this allows an underperforming small molecule drug co to merge with a larger biotech co to produce better products and more efficiently. Lets stick to celebs, k?



  33. 33

    im not from the states, nor i live in the states, but this really really sucks… im really sorry for all those families. tough times…



  34. 34

    OMG, is there any good news out there? Shizzle!



  35. 35

    Is it true that Elizabeth Taylor and Eddie Fisher are dating ? This is the kind of news I want to read here, not people losing their jobs, cripes. Is Debbie Reynolds very depressed about losing her Eddie to la Taylor ? Please keep me up to date on gossips about celebrities.



  36. 36

    Yes, I agree with Badger05 regarding the pharmaceuticals - mainly because I work for one of them. Wyeth/Pfizer are cutting jobs worldwide….and when it's looked at that way, it's not all that bad. It's not good but it's all to stimulate growth and productivity. And for the other person saying that Dr.'s are pill pushers….you know NOTHING of the R&D world of medicine. If you don't know what you're talking about then don't talk!!



  37. 37

    Pfizer and Wyeth can suck a dick with all other pharmaceutical companies. They are evil!!!!!!!!!!!!



  38. 38

    I'm sorry but some of you people are really fucking stupid. ALL pharmaceutical companies are evil?? Aight, that's chill if you want to think that, but the second you little bitches get a disease that requires a medication you're all over it.

    Not every pharmaceutical company makes drugs like tylenol and asprin. They make drugs to combat diseases like cancer, rheumatoid arthritis, osteoporosis, etc. We have some of the best scientists in the world trying to combat diseases that crippled past generations, and all you do is pick and choose what information you deem "just" without thinking of the countless numbers of researchers dedicating their lives for your health. Whatever



  39. 39

    Re: anittina169 – THANK YOU!!! Someone else gets it…good lord