Mike: There was little action on the layoff front this weekend, thankfully, but the job related announcements will begin again in ernest on Monday. It”s Sunday, so time for some football and relaxation. Back on Monday………….. – Friday, January 16 news: Mike: Hopefully today’s layoff news is less active that this past midweek’s news. The […]

Continue reading about January 16, 17, 18 – Hatteras Yachts sinks 330 – Saks sacks 1100 – Honda dumps 3100 temps – PolyOne done for 370 – MasterBrand cuts 415 – WellPoint exits 1500 – Blue Cross rejects 1000 in MI – Circuit City to bag 30,000 – AMD deletes 1100 – Hertz drives out 4000 – GE Capital minus 7500 to 11,000 – Sweetbay sours 700 – Clear Channel goes dark for 1500

Mike: Good day to all. Today’s big jobs report is the Jobless Claims numbers, which is released at 8:30 Eastern. The expected results are 500,000 new claims with a range of 442,000 to 700,000. The below graph shows jobless claims over the past two years: Mike: Here are today’s job related announcements: Microsoft and IBM […]

Continue reading about January 15 – 524,000 new jobless claims – Google sheds 100 – Sanyo cuts 1200 – 2000 less at Delta – 750 lose jobs at Autodesk – 2000 gone in TN? – DOW dumps 500 in TX – GE Aviation downs 1000 – Seagate’s total now 3000 – MeadWestvaco dumps 2000 – Roche swallows 780 – Xerox starts it’s job chop

Mike: Good day to all. – One of my pet peeves remains the rather quiet ride that the MSM is giving upcoming congressional pay raises. Congress enacted law that raises their salary automatically indexed for inflation – a COLA (cost of living allowance) increase. I personally don’t believe that they deserve any raise whatsoever, since […]

Continue reading about January 14 – 4000 gone at Motorola – Pink slips for 500 at Oracle – Microsoft/IBM/ layoff rumors – Mount Carmel cuts 300 – Neiman Marcus exits 375 – Jaguar dismisses 450 in UK – Barclays axes another 2000 – bon voyage to 800 at Air Canada – Seagate deletes 2950 – Reebok runs out 300 – Plantronics -18% – 1000 done at Ecolab