Largest Employer : University of Pittsburgh Medical Center is planning layoffs!!

Is this the beginning or the end of the recession?  After  seeing this today I wanted to talk about this development.  If they layoff a large number of people is this going to effect your chances of finding a job?  Here’s what they had to say:

The University of Pittsburgh Medical Center has plans to reduce its 50,000 workforce by a small percentage. UPMC did not immediately release any specifics.

“As the economy deteriorates, we are proactively taking these steps to ensure that our growth in expenses is not outpacing our growth in revenues,” a UPMC statement said.

[via WTAE.TV]

So now that they have said this, what’s the percentages of the workforce are going to be laid off? I wanted to talk about how you could get ready for the imminent day of this. Here’s some good links to consider:

And here are some other companies who are planning layoffs or have laid off people:

With all this that is going on in the world I thought it was something that needed to be said and let people know about these developments.