Jan
28

January 28 – Starbucks spills 6700 jobs – SAP cuts 3000 – Avery labels 3600 unemployed – Another 1600 at GM on unemployment – Boeing to chop 10,000 total, not just 4500 – DuPont to release 8000 contractors – STMicroelectronics sheds 4500 – Jabil minus 3000 – Allstate hands 1000 pink slips – AOL disconnects 700 – Celestica cuts 590

mike@layofflist on January 28th, 2009

Mike: Good day to all. The news at the start of the day is gloomy for many who have lost jobs at  SAP,  DuPont,  Molex  and other locations. But if you have money in the stock market, you can be thankful this morning as it appears that there is great optimism for the upcoming US stimulus vote. I’m […]

Continue reading about January 28 – Starbucks spills 6700 jobs – SAP cuts 3000 – Avery labels 3600 unemployed – Another 1600 at GM on unemployment – Boeing to chop 10,000 total, not just 4500 – DuPont to release 8000 contractors – STMicroelectronics sheds 4500 – Jabil minus 3000 – Allstate hands 1000 pink slips – AOL disconnects 700 – Celestica cuts 590

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Jan
27

January 27 – Corning cuts 3500 – Baker Hughes releases 1500 – Target aims to cut 1500 – 1300 gone at Ashland – Clariant drops 1000 more – PPG to end 4500 jobs – Volvo dumps 650 in VA – United Stationers sending 250 to unemployment

mike@layofflist on January 27th, 2009

Mike: Let’s hope Tuesday is a lighter layoff day than Monday turned out to be. Still plenty of earnings and economic reports to sway the market and the layoff announcements. There have been a few large layoff announcements this AM starting with  Corning  cutting 3500 and  Ashland laying off 1300.    Outrage of the day: So the […]

Continue reading about January 27 – Corning cuts 3500 – Baker Hughes releases 1500 – Target aims to cut 1500 – 1300 gone at Ashland – Clariant drops 1000 more – PPG to end 4500 jobs – Volvo dumps 650 in VA – United Stationers sending 250 to unemployment

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Jan
26

January 26 – CAT to dump 20,000 – Sprint to disconnect 8000 jobs – ING withdraws 7,000 jobs – Lights out for 6000 at Phillips – Pfizer/Wyeth to cut 8000 jobs – Home Depot to ax 7000 jobs – GM slashes 2000 more – IBM chopped at least 1400 – Lincoln Financial exits 540 – TI to delete 3400 – 1500 less at Baker Hughes

mike@layofflist on January 26th, 2009

Mike: This week is shaping up to be tough for job losses as Caterpillar, ING Group, Sprint, Pfizer,  Home Depot,  Philips , and Texas Instruments  have already announced thousands of job cuts today.  This is also a big week for economic reports and those readings will indicate if the recession is getting worse, or if it is slowly improving. The majority seem to think […]

Continue reading about January 26 – CAT to dump 20,000 – Sprint to disconnect 8000 jobs – ING withdraws 7,000 jobs – Lights out for 6000 at Phillips – Pfizer/Wyeth to cut 8000 jobs – Home Depot to ax 7000 jobs – GM slashes 2000 more – IBM chopped at least 1400 – Lincoln Financial exits 540 – TI to delete 3400 – 1500 less at Baker Hughes

Layoff and Unemployment News No comments »