Colgate Plans to Cut About 4,400 Jobs

[daa]

The chimp is on and now here come the big firings again. Booming * eCONomy.

Colgate-Palmolive Co., which makes consumer products including Ajax detergent and Irish Spring soap, plans to cut its work force by about 4,400 jobs as part of a restructuring plan aimed at boosting its sales and profits around the world.
The company said Tuesday it planned to reduce its global work force by about 12 percent from its current level of 37,000 as part of the four-year restructuring plan.

http://biz.yahoo.com/ap/041207/colgate_cuts_1.html

[durablend]

1. "Yer too pessimistic!"

They're not job cuts...it negative job growth (which still = job growth in *co)