Feb
27

February 27 – GDP contracts at a staggering 6.2% pace – Japan’s FDK Corp to zap 4,800 – GM cuts 1,633 jobs in BR – Layoff List exclusive: Up to 600 will be cut at Hamilton Sundstrand – GAP to close 100 more stores – 24 K-Marts to close – Sub-Zero Freezer cuts 350 – Latham layoffs at 440 – Sam’s Club Canada stores closing: 1200 jobs at risk – NiSource to cut up to 380 – Pilgrim’s Pride slashes 3000

mike@layofflist on February 27th, 2009

Mike: Hello to all this Friday. While there are no specific job loss reports due today, the job markets will be influenced by the GDP (Update: contracted at a staggering 6.2 percent pace) and NAPM-Chicago (Update:improved 34.2 in Feb vs 33.3 in Jan) reports. The mood of the “consumer” will be shown in the Consumer […]

Continue reading about February 27 – GDP contracts at a staggering 6.2% pace – Japan’s FDK Corp to zap 4,800 – GM cuts 1,633 jobs in BR – Layoff List exclusive: Up to 600 will be cut at Hamilton Sundstrand – GAP to close 100 more stores – 24 K-Marts to close – Sub-Zero Freezer cuts 350 – Latham layoffs at 440 – Sam’s Club Canada stores closing: 1200 jobs at risk – NiSource to cut up to 380 – Pilgrim’s Pride slashes 3000

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Feb
26

February 26 – Weekly jobless claims at record 667,000 – Continued jobless at record 5.11 million – JPMorgan to cut 14,000 jobs – Republicans continue to reject additional aid for unemployed – Nissan cutting 1,400 in SP – Durable goods orders plunge – Cisco layoffs start with 250 – 40,000 jobs cut at UK town hall? – Xerox eyes more layoffs – Rocky Mountain News closing – Sales of new homes tumble to record low pace

mike@layofflist on February 26th, 2009

Mike: I hope you are all having a fine day. Looks like a very busy day ahead for unemployment news.  Some companies are releasing earnings numbers, with their associated job cut notices, but today’s most important economic report is the Jobless Claims,  which is reported at a record 667,000,  followed by the New Home Sales,  and Durable Goods Orders numbers. Durable Goods […]

Continue reading about February 26 – Weekly jobless claims at record 667,000 – Continued jobless at record 5.11 million – JPMorgan to cut 14,000 jobs – Republicans continue to reject additional aid for unemployed – Nissan cutting 1,400 in SP – Durable goods orders plunge – Cisco layoffs start with 250 – 40,000 jobs cut at UK town hall? – Xerox eyes more layoffs – Rocky Mountain News closing – Sales of new homes tumble to record low pace

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Feb
26

February 26 – Weekly jobless claims at record 667,000 – Continued jobless at record 5.11 million – JPMorgan to cut 12,000 jobs – Republicans continue to reject additional aid for unemployed – Nissan cutting 1,400 in SP – Durable goods orders plunge – Cisco layoffs start with 250 – 40,000 jobs cut at UK town hall? – Xerox eyes more layoffs – Sales of new homes tumble to record low pace

mike@layofflist on February 26th, 2009

Mike: I hope you are all having a fine day. Looks like a very busy day ahead for unemployment news.  Some companies are releasing earnings numbers, with their associated job cut notices, but today’s most important economic report is the Jobless Claims,  which is reported at a record 667,000,  followed by the New Home Sales,  and Durable Goods Orders numbers. Durable Goods […]

Continue reading about February 26 – Weekly jobless claims at record 667,000 – Continued jobless at record 5.11 million – JPMorgan to cut 12,000 jobs – Republicans continue to reject additional aid for unemployed – Nissan cutting 1,400 in SP – Durable goods orders plunge – Cisco layoffs start with 250 – 40,000 jobs cut at UK town hall? – Xerox eyes more layoffs – Sales of new homes tumble to record low pace

Layoff and Unemployment News, Weekly Jobless Claims No comments »