Sunday, February 08, 2009

http://www.msnbc.msn.com/id/29061696/

In October, Whirlpool announced it would cut 5,000 jobs this year and next, due in large part to the housing market's decline, on top of 2,000 jobs cut earlier in 2008.

Reporting that its earnings fell 7 percent during the third quarter, the nation's largest home appliance maker lowered its earnings outlook for the year and announced price increases.