Even though we’re seeing the lowest rates of unemployment since 2007, several significant corporations are still reducing their workforce. This includes the following eight companies:
– Hewlett-Packard
– Schlumberger
– Microsoft
– Baker Hughes
– Halliburton
– Revel Casino
– RadioShack
– Cisco Systems
Various reasons have led to these layoffs, from sluggish retail sales to the recent drop in oil prices. To learn more, visit CNN Money.
Photo credit: Bernard Pollack.
