1.0 link 138432 <![CDATA[Whirlpool to cut 5,000 jobs by end of 2009]]> http://www.huffingtonpost.com/2008/10/28/whirlpool-to-cut-5000-job_n_138432.html GRAND RAPIDS, Mich. &mdash; Whirlpool Corp. said Tuesday it is eliminating about 5,000 jobs this year and next, due in large part to the long downturn in the U.S. housing market.

The nation's largest home appliance maker also reported that its earnings fell 7 percent during the third quarter on lower global unit volumes and higher material costs. Whirlpool lowered its earnings outlook for the year and announced price increases.

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