Fortune 500 shed record 821,000 jobs in 2009

Newswire

* Fortune 500 cos 2009 profits up 335 pct

* Fortune 500 sales down 8.7 pct

* GM out of the top 10 of Fortune 500, first time ever

* Homebuilders off the list altogether

By Phil Wahba

NEW YORK, April 15 (Reuters) - The Fortune 500 largest U.S. companies slashed a record 821,000 jobs last year, even as their collective profit soared more than three-fold to $391 billion, according to the business magazine, which issued the annual ranking on ...

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