General Motors is trimming down, Ford is still flabby, and Chrysler has had a setback.

FORBES: Magazine Article

General Motors (nyse: GM - news - people ) is trimming down, Ford (nyse: F - news - people ) is still flabby, and Chrysler has had a setback.

FORBES: Detroit, Downsizing

In this case, you are far less likely to get an interview than if you had interned at a large well-respected company because whoever is trimming down the long list to a short list has to make quick decisions based on incomplete information, and that works against you in this case.

FORBES: What Are The Pros And Cons Of Interning At A Startup Versus A Big Established Tech Company?

Home Depot is also slimming down, trimming 7, 000 jobs as it exits its Expo home design center business.

FORBES: Magazine Article

But in South Africa manufacturers are either trimming their workforce or closing down entirely.

CNN: STORY HIGHLIGHTS

Companies are also trimming their lists of preferred hotels down to just four or five in a given city, using the increased volume to negotiate better rates, Mr. Harvey says.

WSJ: More Companies Treat Business Travel Like Budget Travel

It is now trimming pension benefits, while Greece is cracking down on tax evasion and bribes.

WSJ: Spain Plans to Burn Its Bridges to Keep Vacationers on the Job

The government will have to keep trimming spending, in order to get its deficit down to 3% by 2013, and to keep bond markets at bay.

ECONOMIST: France

Facebook shares were down as much as 6 percent then began trimming that loss shortly after the earnings report.

FORBES: Facebook Earnings Beat Wall Street Consensus