Chevron Corp. says it will cut 2,000 jobs this year

Chevron Corp. says it will cut 2,000 jobs this year and will continue reducing its work force through 2011.
The nation's second largest oil producer revealed the cuts as it outlined corporate strategy and major capital projects Tuesday in a meeting with financial analysts in New York.

With Chevron cutting of another 2,000 jobs it is only helping the unemployment rate. While they have just cut 2,000 jobs they are going stopping there, they are planing on cutting more job through 2011.