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	<title>The Personal Blog of Lynne and Chad &#187; starbucks store closings</title>
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		<title>Massive Job Cuts: 2009&#8242;s Bumpy Beginning</title>
		<link>http://lynneandchad.com/prosperity/massive-job-cuts-2009s-bumpy-beginning/</link>
		<comments>http://lynneandchad.com/prosperity/massive-job-cuts-2009s-bumpy-beginning/#comments</comments>
		<pubDate>Fri, 30 Jan 2009 03:21:35 +0000</pubDate>
		<dc:creator>Chad</dc:creator>
				<category><![CDATA[Prosperity]]></category>
		<category><![CDATA[caterpillar job cuts]]></category>
		<category><![CDATA[home depot job cuts]]></category>
		<category><![CDATA[layoffs]]></category>
		<category><![CDATA[sprint nextel job cuts]]></category>
		<category><![CDATA[starbucks store closings]]></category>

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		<description><![CDATA[&#8220;Sprint Nextel Plans to Cut 8,000 Jobs in Quarter&#8220; &#8220;Caterpillar Moves to Cut 20,000 Jobs&#8220; &#8220;Starbucks Will Close 300 Stores and Open Fewer New Ones&#8220; &#8220;ING Will Cut 7,000 Jobs and Its Chief Will Leave&#8220; &#8220;62,000 Jobs Are Cut By U.S. and Foreign Companies&#8221; What (aside from being disheartening and intimidating) do the above have [...]]]></description>
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<p><em>&#8220;<a title="NY Times Article" href="http://www.nytimes.com/2009/01/27/technology/companies/27sprint.html?_r=1&amp;scp=4&amp;sq=sprint%20nextel%20layoffs&amp;st=cse" target="_blank">Sprint Nextel Plans to Cut 8,000 Jobs in Quarter</a>&#8220;</em></p>
<p><em>&#8220;<a title="NY Times Article" href="http://www.nytimes.com/2009/01/27/business/27caterpillar.html?scp=1&amp;sq=Caterpillar%20cuts%20jobs&amp;st=cse" target="_blank">Caterpillar Moves to Cut 20,000 Jobs</a>&#8220;</em></p>
<p><em>&#8220;<a title="NY Times Article" href="http://www.nytimes.com/2009/01/29/business/29sbux.html?scp=1&amp;sq=starbucks%20cuts%206700%20jobs&amp;st=cse" target="_blank">Starbucks Will Close 300 Stores and Open Fewer New Ones</a>&#8220;</em></p>
<p><em>&#8220;<a title="NY Times Article" href="http://www.nytimes.com/2009/01/27/business/worldbusiness/27eurobanks.html?scp=5&amp;sq=cuts%20jobs&amp;st=cse" target="_blank">ING Will Cut 7,000 Jobs and Its Chief Will Leave</a>&#8220;</em></p>
<p><em>&#8220;<a title="NY Times Article" href="http://www.nytimes.com/2009/01/27/business/economy/27jobcuts.html" target="_blank">62,000 Jobs Are Cut By U.S. and Foreign Companies</a>&#8221;<br />
</em></p>
<p>What (aside from being disheartening and intimidating) do the above have in common? Several things:</p>
<ul>
<li>They are all headlines pulled from the <em>New York Times</em></li>
<li>They are all headlines from <em>this week</em></li>
<li>They are all signs of a growing problem</li>
</ul>
<p>Take a look again at that last headline. On Monday, January 26, 2009 62,000 jobs were lost.</p>
<p>62,000.</p>
<p>And those weren&#8217;t all. Pfizer and Wyeth are in the midst of a huge merger that will cut 19,500 more jobs. On Wednesday (1/28/09) Starbucks announced they were closing 300 stores and cutting up to 6,700 jobs. Home Depot cut 8,000 jobs. Circuit City, with more than 30,000 employees is closing it&#8217;s doors.</p>
<p>Now, we are sorry that the picture is so bleak&#8230; and we truly hope that no one reading this post has been affected by these events &#8211; and if you have, we are sorry and wish you the very best.</p>
<p>The reason we are bringing this up is because while it is unpleasant, the truth is that this isn&#8217;t going to go away&#8230; things will likely take some time to turn around, and could very well get worse before they get better. A lot of people, literally more and more every single day, are feeling the effects of this situation in a very big way. We personally know someone who was laid off by a company he had been with for <em>years</em>. Eventually, that company bought out his next employer and guess what they did? Laid him off <em>again!</em></p>
<p>So the big question becomes &#8220;What do I do if this happens to me?&#8221; or &#8220;How do I protect myself and my family?&#8221; The answer is to literally take matters into your own hands. There are so many different ways to make money from home, on your own time, on your own terms.</p>
<p>The events of the last week have shown, more strongly than ever, that &#8220;job security&#8221; is a thing of the past.</p>
<p>We strongly encourage anyone reading this, or other articles on the topic to start looking for alternatives. For ways to take control of your financial future and rely less on a big company and more on yourself.</p>
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