Appliances, Whirlpool | featured news

(Image from article: "Whirlpool Profit Drops 76%")

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Whirlpool to cut 5,000 jobs to reduce costs

Appliance maker Whirlpool Corp. plans to cut 5,000 jobs, about 10 percent of its workforce in North America and Europe, as it faces soft demand and higher costs for materials....

Senh: Again, in a recession, why are companies raising prices when they know there's record unemployment.

Whirlpool Profit Drops 76%

Whirlpool's net income fell a 76% as sales and margins dropped on falling appliance purchases and higher costs.

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