Keeping count …

Jeremy Elwood, SBJ ReporterFor those of you who believe that misery loves company – or for those of you who have a morbid fascination with bad news, like watching a train wreck – CNN’s Web site has just the thing.

The news site is keeping a running tally of job cuts so far in 2009 among the country’s publicly traded companies, based on filings with the Securities and Exchange Commission.

The number, which stood at more than 277,000 as of midday Jan. 30, was boosted by more than 100,000 announced job cuts this week alone, including more than 70,000 on Monday. The latest cuts: 180 jobs at clothing retailers Chico’s and 500 jobs at newspaper publisher A.H. Belo.

The site also allows cuts to be organized by number, date or industry. While the automotive industry has received the most press, the most companies announcing job cuts this year have actually been in the electronics and retail industries.

And for those interested specifically in newspaper job cuts, St. Louis Post-Dispatch graphic designer Erica Smith has set up “Paper Cuts,” a site dedicated to tracking job losses in newsrooms across the country. Gulp.

But maybe you shouldn’t spend too much time looking at the Internet at the office … companies are cutting back, you know …


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