CBS Evening News - 2009-01-26
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Read a transcript preview of “CBS Evening News - 2009-01-26” from malgent, uploaded on 2025-07-27.
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Language: English (original, YouTube automatic captions)
[0:00] Tonight,
[0:02] jobs vanishing by the tens of thousands.
[0:05] More big companies announce massive
[0:07] layoffs and pressure is building to get
[0:09] a stimulus plan through Congress. I'm
[0:11] Katie Kurrick. Also tonight, the
[0:13] president reverses another Bush
[0:15] administration policy.
[0:17] He takes action to force Detroit to make
[0:20] more fuel efficient, less polluting cars
[0:22] and trucks. A high school football
[0:24] player collapses during practice and
[0:26] dies. Today, his coach pleads not guilty
[0:29] to homicide charges. And when cats have
[0:33] exhausted their nine lives, he gives
[0:35] them one more.
[0:41] >> This is the CBS Evening News with Katie
[0:44] Kurrick.
[0:47] Good evening, everyone. The recession is
[0:49] deepening and for tens of thousands of
[0:51] workers today, it just turned into a
[0:53] downright depression. They just found
[0:55] out they're losing their jobs. Some of
[0:57] America's biggest employers announced
[0:59] massive cuts, eliminating close to
[1:01] 60,000 jobs. Anthony Mason now with more
[1:04] on the devastating numbers.
[1:07] >> In a bloodbath of pink slips,
[1:09] Caterpillar cut the deepest, slashing
[1:12] 20,000 jobs, 18% of its workforce. The
[1:15] Peoria based equipment company, which
[1:17] did 51 billion in business last year,
[1:20] expects to do only 40 billion this year.
[1:22] We will see the slowest global economic
[1:25] growth in more than 60 years.
[1:27] >> Pharmaceuticals giant Fizer will cut
[1:30] 19,000 jobs as it merges with Wyatt.
[1:33] Sprint Nexttel will cut 8,000, Home
[1:35] Depot 7,000. The job losses are now
[1:38] coming from every corner of the economy.
[1:40] >> You know, last year they were pretty
[1:41] concentrated in three places, uh,
[1:44] construction