Friday November 27, 1:50 PM (EST)

Mergers ax 5,000 jobs a month


CHICAGO, Nov. 27 (UPI S) _ Even with the economy perking along and the stock
market
rebounding, nearly 55,000 workers have gotten the ax since July because of
corporate
mergers. That's an increase of 48 percent from last year, according to
Challenger,
Gray and Christmas, a Chicago-based outplacement firm.

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