– WASHINGTON— President Bill Clinton marked Earth Day in 1994 by promising to “green” the White House from its landscaping to its copy machines. But President Barack Obama and his supporters pledged themselves to a far more ambitious goal on Tuesday—combating climate change all over the world.
- GM to lay off 1,600 salaried workers this week
- Oracle expected to slash thousands of Sun Microsystems jobs
- Fewer U.S. Companies Plan to Start Cutting Jobs
- T Rowe Price earnings drop, cuts 288 jobs
- Philip Morris will shut down Concord plant by the end of July with 1000 jobs
- Twinsburg Chrysler plans temporary layoff of 450 to 500
- Apache to cut 200 jobs worldwide –
- Kimberly Clark hopes to trim 1,000 jobs voluntarily
- Laid-off Ford workers to get free medical help
- GM to shut most US plants up to 9 weeks
General Economic News
Government Layoff News
US and some Canada Layoff News
International Layoff News
Hiring News and News You Can Use– Microsoft/Google/IBM and other Rumors & News –
– Update: Sun Microsystems, the quintessential Silicon Valley company known more for creating ahead-of-the-curve products than its ability to sell them, is now on the chopping block.
Oracle, which has reshaped the business technology industry by acquiring and carving up other companies, is sure to shed thousands of Sun workers after its $7.4 billion acquisition of the server and software company, industry observers say. Some figure it will cut from a third to a half of Sun’s work force.
– Update: Yahoo Inc. confirmed Tuesday that it will cut 675 jobs, 5 percent of its workforce, as its online advertising business continued to erode in the first quarter amid economic gloom.
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NEW YORK, April 22 (Reuters) – A push by homeowners to lock in near record-low interest rates drove mortgage applications higher last week, as refinancing demand overshadowed a drop in loan requests to buy homes, the Mortgage Bankers Association said on Wednesday.
Average 30-year U.S. mortgage rates edged up 0.03 percentage point to 4.73 percent last week, slightly above the all-time low of 4.61 percent three weeks earlier.
Refinancings represented nearly 80 percent of all mortgage applications, the industry group said.
– April 22 (Bloomberg) — U.S. home prices rose 0.7 percent in February from January, the first consecutive monthly gain in two years, a sign that low interest rates may be moderating declines in real estate values.
Prices fell 6.5 percent in February from a year earlier, the second-smallest drop in six months, led by a 19 percent decrease in the region that includes California, the most populous U.S. state, the Federal Housing Finance Agency in Washington said today. The gain in February from a month earlier matched the average of 10 estimates in a Bloomberg survey.
– The Bureau of Transportation Statistics said Tuesday that the number of U.S. airline jobs declined in February by 6.6 percent from February 2008. It marked the eighth straight that the carriers showed year-over-year decreases in jobs.
– Maine’s builders of luxury boats are laying off workers and struggling to diversify in the face of a recession that has softened demand for high-end yachts and powerboats.
– An estimated 600 to 800 people lined up in the hot sun outside the Hilton Phoenix East/Mesa Hotel on Tuesday to apply for 60 jobs at a new In-N-Out Burger opening next week at Fiesta Mall.
– April 21 (Bloomberg) — Fewer companies in the U.S. plan to begin cutting jobs, signaling efforts to slash costs during the recession may have peaked, a private survey found.
The share of companies planning initial staff cuts in the next 12 months fell to 5 percent in April from 13 percent in February, according to a report today by Watson Wyatt Worldwide Inc., an Arlington, Virginia-based workforce consulting firm. Seventy-two percent of the 141 employers surveyed have already trimmed their workforces, up from 52 percent two months earlier.
– Faced with declining enrollment and what officials described as the district’s worst financial crisis in years, the Southfield school board cut eight administrators and 104 teachers Tuesday to help plug a projected $10 million shortfall for the 2009-10 school year.
– SOUTHFIELD, Mich. – The Southfield Board of Education has voted to cut 112 positions to deal with a projected $10 million deficit for the next school year.
– Twenty-three instructional assistants now working in the Hawthorn Elementary District 73 school system will lose their jobs under layoffs announced this morning.
– The Spokane Police Department is giving two people layoff notices before they even start their first day of work
– So far, 103 educational support employees — teacher assistants and secretaries — have been notified of their termination effective June 30, saving the district $1.8 million.
– Ten school employees will be eliminated from the Castaic Union School District, but there won’t be too many educational problems from the board’s decision, the superintendent said Tuesday.
– Five public works employees will be laid off at the June 30 end of the fiscal year, and another seven vacancies in the department will be left unfilled, the first casualties of Mayor James R. Miron’s pledge not to raise taxes.
– Putnam County Sheriff Jim Beutler laid off six employees as part of his method to achieve 15 percent in his reduction in budget.
– Seventy-five full-time teachers at Rochester Public Schools lost their jobs last night.
– General Motors Corp. told employees Monday that 1,600 salaried workers will be dismissed this week.
Combined with 250 earlier job cuts and other resignations and retirements, the moves will complete the bulk of GM’s plan for eliminating 3,400 U.S. salaried positions, spokesman Tom Wilkinson said Monday.
– DETROIT (AP) — General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of unsold vehicles, two people briefed on the plan said Wednesday.
– General Motors is preparing to close most U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories, The Associated Press is reporting, citing two unidentified people briefed on the plan.
– We’re told 279 employees at the GSI Commerce Call Center on East Church Street in Martinsville were notified Tuesday the plant is closing.
– Warvel Products, a local manufacturer of primarily office furniture, will soon close, eliminating 35 jobs at its facility in Linwood.
– Munksjo Decor’s chief executive says the company is closing its Fitchburg factory on June 27 and eliminating about 120 jobs.
– Health insurer Independence Blue Cross announced it will trim between 100 and 125 jobs this June in a move it says is tied to the current economy.
– The Anderson Independent-Mail reported Tuesday that Mount Vernon Mills will close its plant in Williamston in June.
– American LaFrance, manufacturer of emergency vehicles, will close its Hamburg plant by May, the company confirmed today. The plant’s 70 workers will lose their jobs.
– General Motors Corp. officials Tuesday told about 25 white-collar workers at Saginaw Metal Casting Operations that they no longer had jobs.
– SILVERTON, W.Va. — KS of West Virginia, an auto parts maker in Silverton, Jackson County, announced it has laid off eight more workers.
– LOVELAND, Colo. (AP) – Loveland-based Advanced Manufacturing Technology has laid off 40 of its 100 employees because of slumping sales of its plastic bottle manufacturing equipment.
– BOSTON, April 22 (Reuters) – T Rowe Price Group (TROW.O: Quote, Profile, Research) reported a 68 percent drop in first quarter profit after lower asset values and investor outflows hurt revenue and said it will cut its workforce by 5.5 percent, or 288 jobs.
– Miami public television station WPBT-2 laid off 23 of its 150 employees on Monday, citing falling revenues.
– Philip Morris will stop production at its Concord plant by the end of July, a year sooner than originally scheduled, the company has announced.
Most of the more than 1,000 remaining employees will be laid off by that time. Workers were told this morning.
– The president of the University of Texas M.D. Anderson Cancer Center said Tuesday that he’s hopeful the hospital can cut its budget by 10 percent without significant layoffs, but acknowledged dismissals could start “popping up” in the next month.
– An Upshur County manufacturing plant is cutting back. Weyerhaeuser has announced plans to permanently lay-off 66 workers and reduce one shift at its Buckhannon-area facility.
– It is reported that Latrobe Specialty Steel Co has joined other manufacturers by instituting temporary layoffs and an unpaid week off work, both of which are affecting up to 20% of its 825 employees on a weekly basis.
– UAW Local 122 president Doug Rice said 450 to 500 employees will be laid off starting April 20. Rice said those laid off include assembly plant and maintenance workers as well as skilled trades workers.
– Augusta Service Co. Inc. will lay off 28 employees in June, said Jack Richardson, the general manager of the east region for Austin Industrial, which supplies contract employees to manufacturing companies in the region.
– Duke University administrators have told about 200 workers that they plan to offer a retirement incentive plan to 600 to 700 staff members.
– Sovereign Bank has laid off 50 employees in what could be the start of another round of job cuts at the bank.
– DYERSBURG, Tenn. (AP) – Officials of a Dyersburg electrical transformer plant say a downturn in construction has caused them to lay off 90 employees.
– Workers at the affected outlets were recently notified that the stores will shut by the end of the year and, in some cases, by the end of the month, according to a Starbucks statement.
– Independent oil and gas company Apache, said it is cutting 200 jobs, or about 6% of its global workforce today.
– Wabtec Corp (WAB.N: Quote, Profile, Research), a U.S. railcar parts and braking equipment maker, posted quarterly profit above market estimates, stood by its 2009 earnings view and said it would cut about 8 percent of its workforce to reduce costs.
– APPLETON, Wis. (AP) – Kimberly-Clark hopes to trim 1,000 jobs across the United States through voluntary severance.
– The Chicago Tribune cut 53 jobs in its newsroom on Wednesday in the latest round of cost-cutting at the struggling newspaper.
– The economic crisis has forced Shriners Hospitals for Children to lay off 10 people at its Honolulu facility and has officials increasingly worried about the prospect of raising $3 million in donations for the completion of its new state-of-the-art hospital on Punahou Street.
– In order to better focus its fundraising efforts to meet its needs and in response to the university cutting its budget by 5 percent, Cornell’s Department of Alumni Affairs and Development recently laid off 41 employees, around 10 percent of the department’s workforce.
– Maj. Jim Edmonds, who commands the unit, told the Johnson City Press his office cut 10 positions on Thursday and is expanding supplying food and social services in four surrounding counties.
– NEW YORK – Fallon in the US has swung the axe and cut 9% of its 200-strong head count at its Minneapolis headquarters.
-Spokane’s KREM-TV handed out pink slips Tuesday to at least 10 workers, including at least one reporter.
– Layoff notices and retirement package offers have gone out to about two dozen employees of Northumberland Hills hospital to cut this year’s $2-million deficit in half, says the hospital’s president and chief executive officer.
– Clifford Chance (CC) has cut a further 20 jobs in New York as it finalises a second business services staff review – taking its US redundancy tally to 99 over the last seven months.
– Eight positions lost, including one professor, from a teaching staff of just 76.
– TORONTO — The publishing division of Rogers Communications Inc. (TSX:RCI.B) cut about 40 jobs on Wednesday due to a drop in advertising at its magazines.
– Spray Nine Corp. officials confirmed today that the cleaning products manufacturer will close its Johnstown plant.
– AB Volvo, one of the world’s largest truckmakers, has announced 1,543 job cuts in Sweden as a result of plummeting demand.
– PARIS (AFP) — The French comsumer products group Bic announced Wednesday it would slash 600 jobs worldwide, mainly in the United States and southern Europe.
– DUBLIN, April 21 (Reuters) – Ireland’s health sector is considering axing up to 1,700 jobs and introducing a ban on recruitment and promotions to cut costs, the state broadcaster reported on Tuesday.
– Staff at electronics company Exception EMS in Calne are facing uncertainty as it is understood managers announced a quarter of jobs will be cut this month.
– LONDON — Programmable logic specialist Xilinx Inc. has confirmed it has started consultations with its employees at its Citywest facility near Dublin, Ireland, about cutting 130 jobs in the country, out of a total of 400.
– New Zealand’s tax department, Inland Revenue, is calling for up to 250 voluntary redundancies from its workforce of 6,000.
– As a result of the global economic slowdown, Fiji Water has had to lay off approximately 90 of its employees between their Yaqara and Lautoka facilities.
– An engineering company is planning to axe 88 jobs in a town still reeling from major cuts at one of its most famous firms.
– The business yesterday said about 50 people would be leaving its
New Zealand and Mexican offices in the next few months and blamed the global economic downturn.
– April 22 (Bloomberg) — U.K. unemployment rose to the highest level since Prime Minister Gordon Brown’s Labour Party came to power in 1997 as the recession forced companies from builders to car makers to axe jobs.
– Half of the workforce at the facilities in Geldern and Pfullingen will have to be laid off by the end of the month.
– The announcement that a Peoria company is looking to fill 100 jobs is not your typical news story in these tough economic times.
– BlueCross BlueShield of Tennessee said it opened a member benefits administration unit office in Nashville this week, a move that should expand its staff here by 60 people.
– Unemployment is the new trend; unfortunately, like four-inch heels or skinny jeans, it’s not a very comfortable one. The bright side? Writing is one of the few industries that offers the freelance option. And all you really need is the internet.
– Walmart General Manager for the Carolinas David Carmon announced 3,000 new jobs will be added in the State in 2009 in addition to the nearly 8500 jobs created since 2005.
– YADKINVILLE, N.C. — An Illinois food company that bought a former textile plant in North Carolina plans an operation that is expected to create 172 jobs.
– LS Tractor USA, a subsidiary of a Korean company LS Corp., plans to open a facility in Rocky Mount to distribute its farm equipment, and add 134 jobs.
– DARLINGTON – A Greenville company announced plans Wednesday to build a 50-megawatt co-generation biomass power plant in Darlington County.
– Doctors at Oakwood Health in Dearborn soon will offer free medical care to recently laid-off Ford Motor Co. workers.
Mike: Wednesday became an active layoff announcement day, especially in the afternoon with Kimberly-Clark, Apache and GM announcements. Thursday brings us the weekly Jobless Claims number and Existing Home Sales. Both will indicate if the economy is stabilizing. Stay tuned….
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