Recession?
GM shuts 14 plants.
Boeing: 1 plant.
AMC: 548 theatres.
WorldCom lays of 10-15%.
HP: 2%.
Delphi & Visteon: 10,300.
Lucent: 10,000.
Sara Lee: 7,000.
JC Penney: 5,000.
AOL: 2,000.
Recession
I documented evidence of the 2001 recession by tracking massive layoffs and plant closures at major corporations, including General Motors, Boeing, WorldCom, and AOL, highlighting a broad economic downturn across tech and manufacturing.