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Layoffs are starting

From: Mike
Location: Chicago
Remote Name:
Date: 12.06.08
Time: 11:14:57 AM


Cleveland Cliffs is laying off 350 people in the U.P. They have also dramatically reduced taconite production schedules for 2009. Major layoffs in upper Minnesota can only be around the corner. I'm afraid the Great Lakes shipping industry is going to take a severe wallop in 2009.

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