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 Many CEOs Warn Of Looming Pink Slips

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Sage
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Sage


Number of posts : 146
Location : South Carolina
Registration date : 2008-06-18

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PostSubject: Many CEOs Warn Of Looming Pink Slips   Many CEOs Warn Of Looming Pink Slips EmptyThu Jun 19, 2008 8:50 am

(AP) Nearly one-third of the country's top executives expect to cut payrolls in the coming months, reflecting fallout from the housing bust as well as soaring energy prices.

At the same time, a survey by the Business Roundtable, released Wednesday, showed that most executives expect sales and capital investment to remain at current levels or even improve over the next six months.

http://www.cbsnews.com/stories/2008/06/18/business/main4193106.shtml
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