Hard economic realities are hitting New York City, with Mayor Michael Bloomberg deciding Thursday to cut City Hall's workforce by 3,000
and end contracts of 1,000 police officers, news reports said.
Bloomberg also plans to raise income tax for residents by either 7.5% or 15%, depending on their incomes.
I read this news in Timesofindia website and i get another shock with another jobs cut.I always think where is the end and when company and government won't cut any more jobs.Let's see who come next ????