A bit of perspective on Whirlpool's (WHR) 5K job cuts - it's 10% of the company's workforce. The...

|About: Whirlpool Corporation (WHR)|By:, SA News Editor

A bit of perspective on Whirlpool's (WHR) 5K job cuts - it's 10% of the company's workforce. The CEO cites "recessionary demand levels in developed countries, a slowdown in emerging markets, and high levels of inflation and material costs." Shares -12.4% premarket.