Chicago Jobs Cut at Two Top Companies
Tuesday, April 14th, 2009Nearly 1,000 Chicago area jobs will be lost at two of the city’s top companies. Click here to see profiles of more top companies.
About 900 jobs total will be cut at Discover Financial Services and ArcelorMittal, according to an article by the Chicago Tribune.
Discover plans to cut about 500 jobs, mostly at the company’s headquarters, to help better align its cost structure. The layoffs are expected to effect all departments within the company, but not many will involve employees who deal with customers. The company currently employs less than 3,000 workers in Riverwoods, a Chicago suburb, and has about 12,000 workers throughout seven states.