Bloody Monday

After several major companies announced the layoffs of over 71,400 workers on January 26, 2009, news outlets dubbed the day Bloody Monday. President Barack Obama spoke about the layoffs and said "these are extraordinary times and it calls for swift and extraordinary action," in reference to his economic plan.YouTube Video: Obama Pushes for Urgent Economic ReliefCNN: Bloody Monday job tally: More than 71,400 jobs lost (January 26, 2009)The Atlanta Journal-Constitution: Bloody Monday on job front (January 26, 2009)

According to reports, by the last week in January 2009, nearly 200,000 people had lost their jobs. In 2008, the number of jobs lost was nearly 2.6 million.CNN: Bloody Monday job tally: More than 71,400 jobs lost (January 26, 2009)

1. Caterpillar, Inc.: Will cut 5,000 more jobs than the already planned 15,000CNN: Bloody Monday job tally: More than 68,000 jobs lost (January 26, 2009)
2. Pfizer: Will cut 10% of its staff and close five manufacturing plantsCNN: Bloody Monday job tally: More than 68,000 jobs lost (January 26, 2009)
3. Sprint Nextel Corporation: Will layoff about 8,000 employeesSprint: Sprint Nextel Announces Actions to Reduce Labor Costs...
4. Home Depot: Will lay off about 7,000 employeesMarket Watch: Home Depot to close Expo, slash jobs (January 26, 2009)
5. General Motors: Will cut about 2,000 jobsBloomberg: GM Ohio, Michigan Shift Cuts to Eliminate 2,000 Jobs (January 26, 2009)
6. ING, a Dutch financial company: will cut about 7,000 jobsBlogging Stocks: http://www.bloggingstocks.com/2009/01/26/62-000-global-layoffs-today/ 62,000 global layoffs today] (January 26, 2009)
7. Philips: 6,000 jobs to be cutBlogging Stocks: http://www.bloggingstocks.com/2009/01/26/62-000-global-layoffs-today/ 62,000 global layoffs today] (January 26, 2009)
8. Corus, a steelmaker company: Will cut about 3,500 jobsBlogging Stocks: http://www.bloggingstocks.com/2009/01/26/62-000-global-layoffs-today/ 62,000 global layoffs today] (January 26, 2009)
9. Texas Instruments: Will cut over 1,700 jobsCNN: Bloody Monday job tally: More than 68,000 jobs lost (January 26, 2009)

Bloody Monday can refer to August 6, 1855, when election riots happened in Louisville, Kentucky.

It can also refer to June 10, 1963 when high school students were beaten by police in Danville during a civil rights march.Martinsville Bulletin: Area Residents Are Heading to See History (January 18, 2009)

Bloody Monday is also a Japanese manga made into a television series about a virus spreading in Russia.