March 11 – LA sends out 9000 layoff notices – National Semiconductor deletes 1,725 – Continental AG to lay off 1,900 – AOL may cut 700 – Fleetwood dumps 415 – Sony Pictures chops 350 – Severstal may cut 9500 in US/RU – American Airlines to exit 323 – Drug testing the unemployed in FL? – Dell starts laying off hundreds
Mike: Hello to all. Today is rather quiet for economic reports, but Thursday will bring us a new Jobless Claims number, which is expected to remain above 600,000.
Mike: Bill would require drug test for unemployment check – Local – Bradenton.com “All it says is that if you’re going to draw unemployment, you should be able to withstand a random drug test,” explained Bennett Monday. “I think it’s fair.”
The story illustrates how some lawmakers view the unemployed. They don’t see the unemployed as those who lost work through no fault of their own or because lawmakers let financial companies run roughshod over regulations; no, they see the unemployed as likely drug users. I think a better way to use those drug enforcement funds would be to test these lame, shallow legislative clowns for drugs. These guys get paid for racking up huge state budget deficits, allowing developers to overbuild (which led directly to the housing debacle), and ignoring financial crises until it’s too late to make a difference, yet they want to test the unemployed for drugs? When the unemployed are employed, they pay the salaries of these elected jokers and unemployment benefits are taxed, at least on the federal level. Many state’s unemployment funds are nearly bankrupt, so why not spend those drug test dollars on helping the unemployed and not making their lives even more miserable. Sure, there are some who may get high while on unemployment, but should everyone be subject to a drug test for collecting unemployment benefits?
Bennett has this on his resume: The runaway leader in committee fund-raising among senators is Sen. Mike Bennett, R-Bradenton, whose Citizens for Housing & Urban Growth has raised more than $767,000 over three years.via State: Riding a soft money train.
Below are his top four contributors by industry. As you can see, Senator Bennett received his largest contributions for the real estate industry. Since Florida real estate became one of the biggest housing bubbles in the country, shouldn’t he be asked to take a drug test for letting that happen?
|Hospitals & Nursing Homes||$2,000|
|Gambling & Casinos||$2,000|
|Lawyers & Lobbyists||$1,384|
Senator Bennett is proudly associated with the Florida Home Builders Association and received the Appreciation and Recognition Award, 2003. Shouldn’t Senator Bennett be the one taking the drug test for failing to see the emergence of the Florida housing bubble? Guys like this make a mockery of responsibility and justice. Senator Bennett finds it within him to spend time and resources bashing the unemployed, while kissing up to the real estate, gambling and legal lobbies. You can write the fine Senator at firstname.lastname@example.org to give him your views. You now know mine.
* MANATEE — Sen. Mike Bennett, R-Bradenton, has filed a bill in the Florida Legislature that would require random drug testing for those who draw unemployment compensation benefits.
The bill would create a drug deterrence program in the Florida Agency for Workforce Innovation, according to the bill, S.B. 2062.
“All it says is that if you’re going to draw unemployment, you should be able to withstand a random drug test,” explained Bennett Monday. “I think it’s fair.”
- L.A. Unified board OKs layoff notices to about 9,000 employees
- National Semiconductor to cut 1,725 jobs
- AOL Hands Out Pink Slips, Plans to Cut 10% of Staff
- Sony Pictures to cut nearly 350 jobs
- Charlotte-Mecklenburg Schools To Cut 456 Teachers
- Disney Layoffs Massive, Employees Say
- Fleetwood cuts 415 jobs
- Union says American to lay off 323 next month
- 300 Laid Off At Forsyth County Dell Plant
- Dell Sounds Knell For Hundreds Of Employees
- Microsoft/Google/IBM and other Rumors/News
General Economic News
US and some Canada Layoff News
* Rumors that Apple laid off 50 salespeople last week has created quite a stir online prompting the company’s PR to respond and deny the rumors. Meanwhile, CNET sources claim the layoffs are indeed true.
* For job seekers who think the odds are stacked against them: confirmation in the numbers came Tuesday.
The number of job openings this year is down a dramatic 31 percent from a year ago, according to a little-remarked survey issued by the Bureau of Labor Statistics.
* Under the economic stimulus program, laid-off workers no longer have to pay the full cost of continuing coverage with their former employers. A government subsidy will reduce their share to 35 percent. Their former employers will pay 65 percent, which they will re coup with a federal tax credit.
* NEW YORK — Amy VanDeventer has always been a cheapskate. The recession is taking her to new extremes.
Before the economy tanked, she was still wearing maternity clothes from her last pregnancy, clipping coupons and using hand-me-downs to dress her daughters, ages 2 and 3. Now, she’s salvaging bagel scraps left on their plates for pizza toppings and cutting lotion bottles in half so she can scrape out the last drops.
Mike: There are likely to be thousands of municipal layoffs in the near future, but it will be difficult to keep up to the “proposed” or “planned” layoffs. In that regard, from now on I’m going to try and just post confirmed municipal layoffs.
* The Los Angeles Board of Education approved issuing preliminary layoff notices to about 9,000 employees Tuesday despite a large demonstration by the teachers union and some board members’ concerns over potential harm to educational quality.
* Two weeks after voting against mass layoff notices for teachers and school nurses, the Visalia Unified school board voted unanimously Tuesday to cut 71 nonteaching jobs.
School officials tried to soften the blow to employees with pledges to work with the labor union to keep people employed, but made no promises.
* Superintendent Steve Jennings said the layoff notices — which are being sent in response to a 2009-10 budget deficit estimated between $4.2 and $4.7 million — are a conservative response to the current economic situation.
* CHARLOTTE, N.C. — In a 7-2 vote, the Charlotte-Mecklenburg school board decided to move forward with a plan to cut 456 teachers and 83 assistant principals on Tuesday night.
* Poudre School District will eliminate an unspecified number of classified employee positions to help cut the district’s 2009-10 budget.
* Six school districts held board meetings Tuesday, and five of them decided to hand out layoff notices.
* PHELAN • The Snowline Joint Unified School District is issuing pink slips to 80 employees — an action that eliminates 18 percent of the district’s teaching faculty.
* With the state budget finally passed, the Gridley Unified School District sent out layoff notices to teachers and employees, reducing 7.8 full-time equivalent teaching positions. Some received layoff notices, while others will have a reduction of their hours.
* SANTA ANA – The Santa Ana Unified School Board voted unanimously Tuesday to send out 530 layoff notices as officials work to erase a projected budget deficit caused by state budget cuts.
By law, school districts have until March 15 to notify teachers and other certificated employees in danger of losing their jobs for the next school year. Actual layoffs take place May 15. The county Department of Education estimates that more than 2,000 teachers could receive a layoff notice by March 15 as the county’s school districts struggle to overcome about $8.4 billion in cuts to education approved by Sacramento lawmakers last month.
* Denver Mayor John Hickenlooper’s administration today laid off 11 sheriff’s deputies to close a mushrooming budget gap caused by the economic downturn and required other sheriff’s employees to take three furlough days this year.
* LOS ANGELES (AP) — Sony Pictures Entertainment Inc., the movie studio subsidiary of the Japanese electronics maker, is laying off nearly 250 people and eliminating nearly 100 open positions in an effort to cut costs.
* Faced with a steep decline in sales, chip maker National Semiconductor Corp. said Wednesday it will eliminate more than one-quarter of its work force, eliminating 1,725 jobs.
- National Semiconductor Corp. on Wednesday posted a lower third-quarter profit and announced plans to eliminate more than 1,600 jobs in an effort to cut expenses.
* Officials would not comment on the matter or put a number on how many workers at the Dulles campus lost their jobs yesterday, but AOL has said that it has plans to reduce its domestic headcount by 700 people. More cuts may be on the way; the company intends to finish the current round of layoffs by the end of March.
* Sonus Networks Inc. on Tuesday said it would cut an additional 60 jobs, or about 6 percent of its work force.
* Mercury General Corp. said it took action Monday to eliminate approximately 360 employee positions, around 7 percent of the insurance company’s workforce, a move it estimates should save an annual $22 million.
* The paper has notified its roughly 170 employees that their jobs will end between March 18 and April 1, but said that it could shut down at any time.
* Faced with continuing declines in revenue, The Telegraph announced Tuesday it will eliminate 18 jobs and cut the wages of many remaining employees.
* Three dozen workers have notified The Buffalo News they will accept a buyout offer but the newspaper may still lay off another 21 employees in order to cut costs.
* Four South Carolina newspapers owned by McClatchy Co. have announced job and pay cuts this week, with The State of Columbia laying off 38, including three vice pres
* The Beaufort Gazette and The Island Packet are cutting about 11 percent of their staffs and reducing employees’ pay because the recession has hurt the newspapers’ advertising revenue, publisher Sara Johnson Borton announced Tuesday.
* MIAMI — The publisher of The Miami Herald says about 175 employees will lose their jobs as the newspaper cuts costs.
* DUBUQUE – Woodward Communications, Inc., which is the parent company of the Telegraph Herald and East Dubuque Register, says it will eliminate 24 positions and re-structure several departments.
* PHILLIPSBURG | Warren Hospital will lay off 24 employees and leave another 24 vacancies empty to conform to what hospital officials call a “comprehensive business plan.”
* LEWISBURG — Fewer admissions and more charity cases are forcing Evangelical Community Hospital to cut the equivalent of 28 full-time positions, officials announced Tuesday.
* Last year, Premier Shawn Graham said 25 per cent of the civil service will be eligible for retirement over the next five years. He said that gave government an opportunity to downsize without layoffs.
The government has said it won’t cut the civil service by 25 per cent in the budget, but hasn’t been more specific than that.
* Twenty-two Ohio State University Extension employees who work in counties across the state lost their jobs last week, with more staff cuts expected soon.
* DES MOINES, Iowa – Principal Financial Group has announced that it will cut 60 positions in its health business, including 20 positions in its Des Moines headquarters.
* Spuncast Inc. has informed state officials that it has laid off 13 more workers from the company’s Watertown plant because of a continuing downturn in business.
* The law firm layoffs tally since Feb. 27 topped 2,500 today, with news that Venable is eliminating 16 attorneys, five paralegals and 43 staff members.
* Armstrong World Industries has announced it is shutting down production at its Mobile plant in May. 172 jobs will be lost.
* WEATHERSFIELD — RTI Niles has eliminated the jobs of nearly 20 salaried workers because of slow sales.
* The Alcoa Howmet plant in Wichita Falls announced Tuesday that it plans to lay off 150 employees next month.
“We communicated yesterday to our workforce that approximately 150 hourly employees may be affected by layoffs scheduled for early or Mid-April,” said Human Resources Manager Jim Ingalls in a prepared statement.
* Maine’s largest wildlife conservation organization is cutting jobs and reorganizing in a bid “to fit challenging economic times.” The organization says it will eliminate 12 positions by September from its pool of 60 full-time, part-time, and seasonal employees.
* The Toro Company in Tomah made the announcement Tuesday (March 10) and says the 235 people will be out of a job by April 20. Toro says the global recession makes it hard to say when the employees could return to work, but hopes to have them return between June and August. Toro says the employees will get extended health insurance coverage and be able to use the company’s employee assistance program.
* Employees at the theme park tell us the number of people let go in recent weeks is in the hundreds. However, Disney would not confirm the layoff numbers, saying only that those figures are speculative.
* While he did not provide an exact number, Crisman said that since the layoffs began a few months ago, the company — formerly known as InterfaceFABRIC Inc. and Guilford of Maine — has reduced combined employment at its three Maine plants from about 650 to between 450 and 500.
* The world’s largest grower and seller of carrots — Wm. Bolthouse Farms Inc. of Bakersfield – has told state officials that it expects to lay off 93 workers by the end of March.
* Almost 50 employees at the Drake Center and University Hospital will be laid off, the Health Alliance of Greater Cincinnati said Tuesday.
Mike: Hat tip to reader Noel for the following information. It’s difficult to keep up with all the layoff announcements, so please pass them along and I’ll be sure to post them.
* WHEELING – Employees at Severstal Wheeling Inc. learned Monday the temporary idling of the arc furnace at Mingo Junction is imminent.
Ken Aspenleiter, president of United Steelworkers Local 1190, said Severstal’s caster, electric arc furnace, and the 80-inch hot strip mill would be idled for an indefinite period by the end of March because of a lack of orders resulting from the global economic downturn.
“They said it would be temporary and that the minute a turnaround begins, we would be ready for a startup immediately,” he said.
The shutdowns will occur in an orderly manner to allow the equipment to be maintained and restarted as efficiently as possible when business picks back up.
Aspenleiter said because of that it wasn’t determined how many workers would be laid off, with maintenance and fire watch crews to remain employed.
* Fleetwood Enterprises became the latest recreational vehicle manufacturer to scale back on Monday, announcing plans to shutter two plants in Eastern Oregon that employ a total of 415 people.
* About 80 workers at a pair of Windsor parts suppliers are out of work after the companies abruptly closed their doors Tuesday.
Employees of Aradco Management ULC and Aramco Management ULC, both owned by U.S.-based Catalina Precision Products, were called at home Monday evening and told not to report to work for their scheduled Tuesday shifts, according to Gerry Farnham, president of Canadian Auto Workers union Local 195 which represents the workers.
* The soft drinks Pepsi-Cola and Mountain Dew will no longer be bottled in Columbus, and 66 employees are losing their jobs because of that by late April.
* Television broadcasting company Belo Corp., the parent company of San Antonio’s KENS Channel 5, said Wednesday the company will be cutting 150 positions companywide, suspending the company’s 401(k) matching contributions for all employees and reducing the salaries of employees who are part of the management compensation programs by 5 percent.
* Advertising agency Arnold Worldwide will cut about 40 employees, or about 7 percent of its staff, and scale back pay for most of its senior staffers this week due to the continued slumping economy, according to sources at the company.
* ATLANTA (AP) – The Grady Health System is cutting 150 positions.
Hospital officials said Wednesday the cuts do not include key medical or patient care positions and are necessary amid the worsening economy, funding cuts and rising number of uninsured patients.
* American Airlines, struggling with a slump in travel, will lay off 323 flight attendants on April 1, according to one of its unions.
* FORSYTH COUNTY, N.C. — The Dell plant located in southern Forsyth County that opened in 2005 is laying off 300 workers, a source confirmed to WXII Wednesday.
* Dell (NSDQ:Dell) has confirmed rumors that it will cull hundreds of workers from its payroll this week.
A spokesperson for the No.2 computer maker told The Austin American-Statesman that the cuts began Wednesday at Dell’s factories in Central Texas and North Carolina.
* The merger of two area trucking terminals operated by Roadway and Yellow Transportation has resulted in about 70 layoffs.
* Ada — Holcim and Flex-N-Gate, two major employers in the Ada area, were recently forced to go through a reduction in force due to economic circumstances.
* URBANA — Officials at Seimens Energy and Automation said they plan to close their Urbana facility one year earlier than expected, a move that will lead to the loss of 174 jobs this summer.
* Automotive supplier Bourns Inc. said Wednesday that it will close its Janesville plant in 12 to 18 months, a move that will put 148 employees out of work.
* MOBILE, Ala. — Armstrong World Industries Inc. will lay off 172 workers and indefinitely idle its Mobile ceiling tile plant on May 8, saying slowing commercial construction worldwide forced it to cut capacity.
* Niles America Wintech: The maker of switches for cars will lay off at least 150 workers during the next few months, cutting from 224 employees down to about 50.
GECOM Corp.: The manufacturer of door locks, latches and lift-gate systems will relocate its Winchester operations to Frankfort or Greensburg, Ind., and close the facility in April or May. The Winchester plant employs 168.
Ainak Inc: The company makes rubber and plastic parts, metal stampings, hose assemblies and foam. It will go from 123 full-time and 14 temporary employees to 33.
* A company spokesperson says about 180 jobs will be eliminated. Wilton Products, Inc.,
* “We are developing an action plan to reduce our U.S. costs,” chief executive Alexei Mordashov said during a conference call. He said 9,000-9,500 jobs may be cut at Cherepovets.
* March 11 (Bloomberg) — Continental AG, Europe’s second- biggest auto-parts manufacturer, plans to eliminate at least 1,900 jobs by the end of March 2010 and reduce tiremaking in the region because of falling vehicle sales.
* British precision engineer Renishaw Plc (RSW.L) warned of an operating loss for the second half as monthly sales continued to fall and said it would cut 500 jobs globally to reduce costs, sending its shares down 25 percent.
* Flextronics International Ltd (FLEX.O), the Singapore-based contract electronics manufacturer, said on Tuesday it is cutting jobs and closing facilities to cope with a weaker global economy.
* A Sony Australia spokeswoman said that the company would announce details of the changes to its sales division next week and confirmed that some staff would be made redundant as a result of the changes.
* LONDON — Japanese carmaker Toyota said Wednesday it will cut pay and production by 10 percent at its British plants, for one year starting from April 1, to cut costs while avoiding layoffs.
* Teachers are in danger of losing their jobs in roughly one third of Sweden’s 290 municipalities, a sign that the weak economy is now set to take its toll on the country’s schools.
* UK engineering firm Renishaw is slashing 500 jobs worldwide, weeks after asking its staff to agree to a 20% pay cut.
* Britain’s Imperial Tobacco Group Plc’s (IMT.L: Quote, Profile, Research) Altadis unit said on Wednesday that it had agreed with unions to cut up to 780 jobs in Spain.
* The Guardian Media Group is making significant cuts at its Surrey and Berkshire regional newspapers, with 95 jobs, four offices and two newspapers set to go.
* March 11 (Bloomberg) — Aveng Ltd., South Africa’s second- largest construction company, forecast a fall in second-half profit and said it has cut as many as 450 jobs after losing mining contracts.
* Korn/Ferry – The company provided fourth-quarter revenue outlook, below the consensus, and also said it would cut more jobs and consolidate premises in an effort to align its cost structure.
* Accountants Deloitte today said that it is seeking 70 voluntary redundancies from its workforce of 1,200 in Dublin, Cork and Limerick. This is about 6% of its staff.
* Lt. Governor Lee Fisher announced 430 new jobs were coming back to the Wilmington Air Park.
* This is the type of news we can expect to hear more of over the next few years as the Green Tech industry kicks into overdrive. Greentech Manufacturing (aptly named), has announced plans for the construction of a new eco-friendly construction plant in Douglas, Georgia that will employ 320 people.
* Hewlett Packard(HPQ Quote – Cramer on HPQ – Stock Picks) plans to create 500 jobs in Ireland over the next 12 months as the tech firm boosts its lucrative services business.
Mike: Another busy day for layoff announcements and the pace quickened this afternoon. Dell is slashing jobs and the full announcement should be available tomorrow. Thursday will also bring the much anticipated jobless claims number for last week. Till then………………….
Mike: I used to enjoy listening to the rantings of Jim Cramer, but he has turned into a psychopathic liar and doesn’t even seem to mind being seen as one. Jim, f you are wrong, admit it, if you are right, pat yourself on the back, but don’t lie and pat yourself on the back. Enjoy……
Heavy weather has made for a slow start to March retail sales, according to Redbook’s same-store sales tally that shows a 1.4 percent year-on-year decline in the March 7 week. ICSC-Goldman’s tally, released earlier this morning, shows similar weakness at -0.9 percent.
* 157 Merillat Particleboard Plant workers will lose their jobs in September when the Rapid City factory closes via Radio 1380 KOTA News-On-Demand.
- With the downsizing of media outlets – in particular local newspapers – the news that does get through is often light of content and sometimes difficult to locate, even if there is an online component.
- Many smaller layoffs are not publicized because state laws don’t require it, or the company doesn’t want to advertise the fact that they are laying off. So there is little, if any, attention paid to those who lose jobs at these smaller companies and that can be disheartening to those who have lost their positions. In this case, no news is bad news.
- Discovering that others are in similar situations helps those affected by job loss to connect with one another for support.
- The more information you have, the better prepared you are to move forward in the event of a layoff.
So if you have any job loss information that The Layoff List has missed, please post it in the comments section or send me a note at Mike@layofflist.org. The information you pass along could be beneficial to many. Oh, and also pass along any company hiring plans or job openings, since reading about job openings is certainly easier on the eyes than reading about job losses. Thanks………
- Microsoft/Google/IBM and other Rumors/News
- General Economic News
- Municipal News
- US and some Canada Layoff News
- International News
- Hiring News
* A Wall Street analyst on Monday lowered earnings estimates for Apple’s fiscal second quarter and year, marking a second whack from a financial soothsayer in the past few days.
Mike: As I mentioned above with regards to companies not wanting to advertise layoffs, it seems as if IBM may be going that route:
* Some workers claim IBM is making layoffs in small numbers to avoid notification laws *
New layoffs are announced each week as the global economy worsens and companies are cutting back to ensure that they can remain viable. The layoffs and job cuts are becoming common even at some of the largest and most well known companies in the technology industry.
* Looks like the ax is falling at AOL today, according to a report posted this morning by Silicon Alley Insider.
In an internal memo, the company announced in January that it would be laying off workers as a result of the economic recession and a sharp reduction in spending by online marketers. The company’s plan is to shed about 10 percent of its workforce, or 700 workers, by the end of March. Most of the firings taking place today are, reportedly, at AOL’s Dulles campus
* March 10 (Bloomberg) — Hedge funds may cut 20,000 workers worldwide this year, a record 14 percent of the industry’s jobs, as investment losses and client withdrawals erode fees.
The dismissals will come on top of the 10,000 jobs that disappeared last year at the investment partnerships, according to estimates by New York-based Options Group, an executive-search firm. Employment peaked at 155,000 in 2007, and has since dropped to about 145,000, the firm said.
* With the unemployment rate at a 25-year high, employers indicate that hiring isn’t likely to pick up anytime soon, according to a staffing firm survey released Tuesday.
U.S. employers are projecting a slower hiring pace for the second quarter of 2009 compared to the first quarter and year over year, according to the Manpower Employment Outlook Survey, conducted quarterly.
Sixty-seven percent of employers surveyed expect no change in their April to June hiring plans, on par with the last quarter but up from 60% a year ago.
* The City of Eagle Point management met with employees on Mar. 4 to talk to them about reductions under consideration for the 2009-10 budget year, which begins July 1. The anticipated reductions reflect the downturn in the economy and in revenue to the city.
* “In hardships, whether it’s benefit freezes or salary freezes, there are places that are freezing everything,” he said. “Obviously, we are in a financial situation where we’ve got to lay off 30 positions.”
King County school layoffs:
* School districts across Sonoma County are beginning to issue layoff notices at the same time they are poised to increase class sizes, cut funding for sports and trim specialized courses.
But budgeting questions and the amount of money districts will receive from the federal stimulus package leave it unclear just how many jobs will be cut at the end of the school year.
* Sandwich Superintendent Mary Ellen Johnson announced last week that the district will cut one administrator, 18.4 teaching positions, and one educational support staffer.
* MANSFIELD — Mayor Don Culliver confirmed Monday night that four police officers will be laid off as part of a slew of cuts needed to balance the 2009 budget.
* SARASOTA COUNTY – In preparation for a mid-year budget reduction on March 23, Sarasota County announced today plans to eliminate a total of 56 positions; 24 will likely be layoffs.
* March 10 (Bloomberg) — Dow Chemical Co., the largest U.S. chemical maker, will use asset sales, job cuts and new debt to try to maintain investment-grade credit ratings after paying what some investors are calling a “rich” price for Rohm & Haas Co.
Dow plans to raise about $4 billion from selling assets, including at least $1.5 billion from Rohm & Haas’s Morton Salt unit, Dow Chief Executive Officer Andrew Liveris said yesterday. The company will issue $4.3 billion of debt and cut costs by $400 million more than previously estimated, partly by eliminating an additional 3,500 jobs, mostly at Rohm & Haas, Liveris said.
* United Technologies (UTX), which owns Pratt & Whitney jet engines and Sikorsky Aircraft, cut its 2009 profit target by about 13% and said it will eliminate 11,600 jobs as it no longer expects an economic recovery this year.
* March 10 (Bloomberg) — United Technologies Corp. plans to cut 11,600 jobs, part of a $750 million restructuring plan for this year as a global recession and credit crunch hurt the maker of Otis elevators and Carrier air conditioners.
* White & Case, which is responsible for well over half of the cuts, plans to lay off about 200 lawyers and 200 staff, according to an internal memo first reported by Above the Law. The firm also plans to restructure its partnership and has asked some 60 percent of its incoming first-year associate class to defer their start dates until 2010.
* K&L Gates on Monday cut 36 associates and 76 staffers in its U.S. Offices.
The law firm also has initiated the process of cutting six lawyers in its London office, according to a firmwide memo from Chairman Peter J. Kalis.
* Morgan Lewis & Bockius said Monday it has laid off 55 lawyers and 161 support staff across all U.S. offices. The firm said it would not break down the layoffs by city or practice group.
* Akin Gump Strauss Hauer & Feld laid off 47 associates and 57 paralegals and staff on Friday, a source within the firm has confirmed.
* Law firm Bingham McCutchen LLP has cut 16 lawyers and 23 non-legal staff as a result of the economic downturn, the firm said Monday.
* Morgan, Lewis & Bockius announced today that the firm will be laying off 55 lawyers and 161 staff members.
* Pepe & Hazard announced today that 12 employees, including five attorneys, have been laid off. Secretaries and administrative staff also were part of the group that was terminated. Pepe & Hazard, which has 61 lawyers listed on its web site, is based in Hartford and has offices in Boston, Southport and Waterbury. There are 37 lawyers in Hartford.
* Chadbourne & Parke has confirmed that the firm has laid off 25 associates and counsel across its 13 offices worldwide.
* 157 Merillat Particleboard Plant workers will lose their jobs in September when the Rapid City factory closes
* Facing continuing declines in freight volume, Con-way Inc. said Monday it will cut retirement benefits and salaries to save $100 million-130 million this year.
* The court-appointed receiver for Stanford Financial Group has notified the state that it has laid off 174 employees in Florida – 147 of them in Miami-Dade, Broward and Palm Beach counties – and closing its offices statewide.
* 36 people have been laid-off at the LaBounty Manufacturing plant in Two Harbors.
* The company has eliminated thirteen positions at its manufacturing facility in Mount. Prospect, Illinois, and has reduced hours for remaining staff. In addition, Northfield is closing the corporate offices and relocating staff to a company-owned facility in Mount Prospect to further reduce operating costs.
* BRODHEAD — Kuhn North America announced Friday it was laying off 60 workers at its Brodhead facility, effective immediately.
* SACRAMENTO—The Sacramento Bee says it is cutting 128 jobs, or 11 percent of its workforce, as revenue continues to fall in the beleaguered newspaper industry.
* Amid several cost-cutting moves, the foundation reduced its staff of 32 by two people, or about 6 percent. Philip said that in addition the foundation cut all contributions to employees’ retirement, increased the amount employees pay to their health insurance and cut out parking subsidies.
* It’s a precarious time to work in the arts. Madison Ballet recently laid off two of its seven-member staff: the company manager and a development associate.
* Advertising agency Mullen cut about 40 workers, or around eight percent of its staff, late last week, the agency confirmed Monday.
* MOSINEE, Wis. – Some 200 or more jobs could be cut when Cequent Trailer Products closes its central Wisconsin plant later this year….
Mike Szudarek is a spokesman for TriMas Corp. That’s Cequent’s parent company based in Bloomfield Hills, Mich. He says Cequent plans to move its production from Mosinee (moh-zih-NEE’) to other facilities in the autumn.
* 35 people are out of a job as a Kearney manufacturing plant lays off workers. The jobs are being cut at Chief Industries. The company makes steel buildings, grain bins and feed mill equipment among other Ag products.
* According to the employee, this morning about ten of them were let go…and believes more cuts could be on the way. The Desoto Parish Chamber of Commerce says MBI is one of the top employers in the parish…and would be devastating if they cut more jobs.
* The first permanent cuts at Summit Polymers are expected Monday.
* The company offered furlough packages to 45 employees for three months. They will get 75-percent of their pay during that period and full medical coverage.
* Monday, all 70 employees at the Bainbridge facility, received a 60 day warning notice of the closing.
* Fleetwood will close the Edgerton plant once all of its existing orders for travel trailers are filled.
* Spokeswoman Suzanne Steele said Monday that 22 of the extension’s 235 county-based extension-education jobs have been eliminated. The extension employs a total of 822 workers statewide.
* LINCOLN, Neb. – Duncan Aviation says 170 jobs in Lincoln are among the more than 300 jobs Duncan is cutting nationwide.
Duncan said Tuesday that 122 of the cuts are at its facility in Battle Creek, Mich., and a dozen cuts are being made in other company avionics facilities.
* STOKESDALE — Lowe’s Home Centers will close a Guilford County distribution center, a move that will cost 81 employees their jobs.
* Kadant AES, a maker of cleaning products for the paper industry, is closing its manufacturing operation in Queensbury and laying off 32 workers.
* More tough news on the labor front: Stanley LaBounty Manufacturing, which makes hydraulic equipment in Two Harbors, has laid off 36 people — nearly 25 percent of its workforce.
* CLOVIS, N.M. (AP) - Cummins Natural Gas Engine in Clovis has laid off 16 workers – about 30% of its work force.
* Huntsville – The Butterball plant at Huntsville has made its previously announced cut of 150 positions.
* He said the store has around 60 employees and there will be help through the Human Resources department to find them new jobs.
* Delta Air Lines plans to cut more jobs and pull back further on international flights, saying the worsening global economy has particularly weakened its revenues in international markets.
Delta said in a memo to employees Tuesday that its last round of buyouts, which 2,100 employees signed up for earlier this year, fell short of reaching the cuts needed in certain geographic areas and for certain positions. The buyouts included about 1,500 employees from Northwest and 600 from Delta.
The voluntary reductions met Delta’s overall target, but with the shortfalls in certain areas and additional international flight capacity cuts, “we again must reassess our staffing needs,” the memo from Delta chief executive Richard Anderson and president Ed Bastian said.
* The Wichita Eagle reports it will lay off 14 workers as its share of the 1,600 layoffs its parent company is making nationwide.
* Three hospitals in the Cleveland-Akron area on Tuesday announced more than 200 layoffs along with plans to shutter some programs and expand others all in an attempt to adjust to lower patient volumes and tough economic times.
* Kansas City, Mo.-based Interstate Bakeries Corp. said Tuesday that production at the Columbus plant will end by May 9. Spokeswoman Maya Pogoda said 125 workers at the plant will lose their jobs.
* University Hospital and the Drake Center will lay off employees this week as they struggle with a tough economy.
* German auto parts maker Karmann will cut 1,340 jobs because of a lack of clients amid a global slump in demand for cars caused by the economic crisis, the IG Metall trade union said on Monday.
* The story of gloom and doom just doesn’t seem to end. IT major Tata Consultancy Services [Get Quote] is all set to cut about 1,300 jobs over the next few months, according to an Economic Times report.
* March 10 (Reuters) – Design and engineering consultancy Scott Wilson Group Plc (SWG.L) said it planned to cut 10 percent of its global workforce and freeze salaries of the remaining UK staff to preserve cash amid recession.
* March 10 (Bloomberg) — Total SA, Europe’s third-largest oil company, plans to cut at least 500 jobs at its French refining and petrochemical operations to counter falling demand for gasoline exports, according to labor unions.
* Venuefinder Inntel has made 13 of its 100 staff redundant.
* Former Fairfax Media darling, online advertising technology developer Mooter Media, has gone into ‘stealth mode’ after reducing its staff to zero and going back to the drawing board on its overall strategy.
* All product and samples being processed in the United States would be transferred to the UK in a managed transition, Hardide said.
Hardide has seven employees in the United States and 26 in the UK.
* March 10 (Bloomberg) — Australian advertisements for job vacancies fell in February by a record amount, adding to signs the unemployment rate will rise as the economy shrinks.
* Environment Ministry restructuring will cost about 20 jobs, Prime Minister John Key said today.
* Italy’s biggest cement maker, Italcementi SpA, (ITAI.MI) will cut investment by 20 percent in 2009 and jobs by 6.5 percent as it prepares to face difficult market conditions, company executives said on Monday.
* VP Bank, which issued a downbeat outlook, said it will cut roughly 50 jobs in a bid to reduce budgets by 10% in 2009 to counter the slump.
* The union Unite said 62 workers at Tyrone Brick were to be made redundant.
* Toyota, the world’s biggest carmaker, is finalising plans for fresh cutbacks in its UK factories.
The BBC understands options being discussed include further shutdowns at its plants in Derby and Deeside, north Wales, and cuts in the working week.
* BHP Billiton has refused to rule out further job cuts after yesterday sacking 85 workers at its Olympic Dam operation in South Australia.
* The Dublin Meath Growers has laid off over 65 of its 75 staff since losing its contract with supermarket giants Tesco, last week, the Fingal Independent has learned.
* Of the 4 800 employees, not more than 900 would be considered for retrenchment at this stage and the consultation process under way with unions would seek to reduce that number still further, Samancor Chrome human resources head Deidre Bredell told Mining Weekly Online.
* Fuel cell developer Medis Technologies has become the latest cleantech company to lay off workers in these tough economic times, saying today that it’s cutting 50 employees at its Israeli office. That’s about 30 percent of the New York-based company’s workforce.
* Affiliated Computer Services Inc. (ACS) is in the process of ramping up its employment in San Antonio with plans to hire 500 people to support a new contract.
* AT&T said it was adding 2,000 new jobs in its wireless, video and broadband business segments, and taking on another 1,000 workers full-time in the United States for jobs that were previously handled by outside overseas contractors.
Mike: Good evening to all and till tomorrow………….
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Tags: COBRA, cut jobs, economic, employment, factory closing, firing, hiring, job loss, jobs cut, laid off, layoffs, plant closing, positions eliminated, redundancies, staff cuts, unemployment, workforce reduction
Mike: It was a quieter day for layoff announcements, which is good news for us all.
Mike: I hope you all had a fine weekend and welcome to Monday. It’s a rather quiet day for economic reports, yet the layoff news continues to be active. There are a few stories showing that the layoff numbers should start to improve in the near future with January being the worst month. Let’s hope that is the case. I’ll post a couple of those brighter forecasts later in the day. Let’s me start with the latest from the unemployment lines in Texas:
Mike: The following two stories illustrate the need for some governors to bite their conservative bullet and allow for some small changes in their state’s unemployment insurance regulations. I have mentioned this in a previous post and it stands even more important today. I wonder if these same governors still think that giving the unemployed a few extra bucks is still a bad idea? There’s a constant Republican cry to cut taxes on businesses, but when times are tough and these same businesses shed jobs by the millions, shouldn’t those that were left jobless by these companies get at least enough money to survive until the next job comes along? There is no better way to show how these governors think more of big business than they do of the struggling person looking for work.
* The Texas Legislature and Gov. Rick Perry are facing a rather stark political choice: They can accept $555 million from the federal government to help workers who lost their jobs, or they can refuse the money and deny the workers but spare employers a small but permanent increase in their unemployment taxes. The choice is easy: Help the workers………
But the governor and the Legislature must act on behalf of the people of Texas, not just its employers. If Texas doesn’t take that $555 million — money that would be spent by unemployed workers for groceries, rent, clothes, medical bills, utility bills, gasoline and the like — it will go to another state.
Take the money. Pay the small tax increase.
* FORT WORTH – Texas’ system for assisting people out of work is bursting at the seams and running low on money.
Unemployment insurance claims specialist Gloria Hardy, taking a call at the Texas Workforce Commission’s North Texas Tele-Center in Fort Worth, does her best to stay patient with people seeking benefits. ‘They’ve gone through something that’s very traumatic,’ she said. The average wait time for callers to the Fort Worth center is 20 minutes, an improvement reflecting added staff.
As the economy worsens, about 26,000 Texans are filing new unemployment insurance claims each week – more than double the volume of a year ago, rapidly depleting the state’s $1 billion fund.
And last week, almost 100,000 people got through to the Texas Workforce Commission’s four call centers, which are scrambling to add workers. Even supervisors help man the phones, but the workers are busier than ever.
- McClatchy plans to eliminate 1,600 jobs
- ArcelorMittal to idle Cleveland plant; lay off 700 workers
- Garmin will lay off 141 Kansas City-area employees
- Eastman To Cut 200-300 Jobs
- Hat tip to reader U: Hamilton Sundstrand (division of United Technologies) will lay off up to 900: All employees last week were told of the need for mandatory furloughs and forced reductions. Both union and non union areas will be affected. UTC CEO expects all cuts to be completed by the end of the first quarter (end of March).
- Electro-Motive filing details 347 job cuts in La Grange
- Sources confirm Apple laid off salespeople last week
- Microsoft/Google/IBM and other Rumors/News
General Economic News
US and some Canada Layoff News
*March 9, 2009 (Computerworld) Microsoft Corp. is letting H-1B workers go as part of its plan to lay off about 5,000 employees over 18 months, but the vendor will continue to hire visa holders as well, according to a letter that it sent to Sen. Charles Grassley (R-Iowa) last week.
* Is this really a surprise to anyone who was following the whole Sirius StarPlayr for the iPhone debacle? No wonder Nicemac said their iPhone StarPlayr app was “not rejected” but rather “not approved”. It looks like they ran into some sirius issues with Sirius XM and not Apple. Which I might point out, is what many of our readers predicted.
* Sources who wished to remain anonymous for fear of reprisal confirmed reports by Valleywag and 9to5Mac.com that roughly 50 salespeople were let go by the company for “business and economic reasons,” according to one source. An entire sales group based in Austin, Texas, was let go as well as workers in Cupertino, Calif., where Apple is headquartered. Those affected were given severance packages and the opportunity to apply for other jobs inside Apple.
* As Magna Powertrain drained jobs from its DeWitt auto parts plant, the state poured in $32.2 million that cannot be recovered if the plant shuts down.
New York state taxpayers pick up the property tax bill for Magna’s New Process Gear division, and the state has reduced and refunded other income taxes since 2004 through the state’s Empire Zone program, according to records the company filed with the state.
At the same time, the company has cut more than half of its employees — from 3,700 at the start of 2004 to 1,400 today.
The fate of New Process Gear may be decided in about a week. In February, workers rejected a contract that would have cut their pay and benefits again, and the company announced it would close the plant. Last week, the company and the union negotiated a new agreement that will be put up for a vote March 16.
* Since its peak, December 2007, the temporary workforce has been cut almost 27% for a total of 685,600 jobs lost. This is a massive cut in employment; for comparison, total payroll has fallen a little more than 3% over the same period.
* Recent columns on unemployment and the federal subsidy for COBRA health coverage have generated a lot of questions from readers. Here are some answers.
* OMAHA, Neb. (AP) — Billionaire Warren Buffett said unemployment will likely climb a lot higher depending upon how effective the nation’s policies are, but he remains optimistic over the long term.
Buffett said the nation’s leaders need to support President Barack Obama’s efforts to repair the economy because fear is dominating Americans’ behavior and the economy has basically followed the worst-case scenario he envisioned.
“It’s fallen off a cliff,” Buffett said Monday during a live appearance on cable network CNBC. “Not only has the economy slowed down a lot, but people have really changed their habits like I haven’t seen.”
* The Lodi Unified School District is proposing its 3,100 employees take a pay cut of up to 10 percent, district officials have confirmed.
* Layoff notices were sent to 26 of the 67 teachers in the Wheatland School District, says the president of the teachers association — who is very disappointed so many instructors were informed they may not have jobs.
* ROCKAWAY TWP. — The K-8 school district is planning to eliminate five full-time elementary schooljobs — including two teachers — reduce hours worked by six full-time staff assistants and lay off one nurse, Superintendent Gary Vitta said today.
* SACRAMENTO, Calif. (AP) — McClatchy says it plans to eliminate 1,600 jobs, or 15 percent of its work force, as it contends with declining revenue and a deepening recession.
Sacramento, Calif.-based McClatchy Co. says the job cuts, which will start by the end of the first quarter, will come through attrition, consolidating and outsourcing some functions and will include about $30 million in severance costs.
* The world’s larghest steel maker ArcelorMittal has has said that it will stop production at its Cleveland plant in the US by May, where about 700 workers would be laid off indefinitely, keeping only a skeleton staff of around 250 until the market for steel improves.
* ArcelorMittal Cleveland said Friday that it will halt operations at its mill and finishing plant in the Flats in early May, suspending jobs for about 950 steelworkers and leaving the fates of about 200 salaried employees uncertain.
* Hat tip to reader U: Hamilton Sundstrand (division of United Technologies) will lay off up to 900: All employees last week were told of the need for mandatory furloughs and forced reductions. Both union and non union areas will be affected. UTC CEO expects all cuts to be completed by the end of the first quarter (end of March).
* GRAND JUCTION, Colo. — Steel-bridge and specialty girder-manufacturer Grand Junction Steel, a company founded 62 years ago, is closing its doors and eliminating 100 jobs.
* The U.S. Postal Service plans to cut 17 positions and move some operations out of the Athens post office, which has been without a postmaster since the end of January.
* North American infrastructure spending will limit the length of any layoffs at Essar Steel Algoma, says Mayor Rowswell.
An online news report Friday said the steelmaker would cut 80 to 100 jobs Sunday because of poor market conditions.
* Piney Flats, Tenn.—Modern Forge, a company based in Piney Flats that heats and shapes steel, confirmed they let 33 workers go this week.
* Garmin Ltd. will lay off 141 employees by the end of the week, spokesman Ted Gartner said Monday.
The layoffs constitute 5.6 percent of the Olathe-based company’s roughly 2,510 employees, Gartner said.
* BILLINGS, Mont. (AP) – The interim chairman of the Crow Tribe has laid off eight workers, including his predecessor’s former wife, who is herself seeking to become chairman.
* Update: A court-appointed receiver notified 1,000 employees of the Stanford Financial Group on Friday that their jobs were terminated in an effort to preserve the value of whatever resources were left in the company, The New York Times’s Clifford Krauss reports.
The company’s assets were frozen last month when the Securities and Exchange Commission filed a civil fraud complaint against Robert Allen Stanford and two other senior executives.
* Eastman Chemical Co. (EMN) will cut 200 to 300 jobs, or up to 3% of its work force, as it looks to cut costs by another $100 million.
The chemical company projected 2009 earnings of $2 to $3 a share. Analysts polled by Thomson Reuters, on average, expected $2.31.
* The Jackson Laboratory will cut approximately 55 jobs and temporarily reduce work hours in an attempt to keep the research facility on solid financial footing.
* L.L. Bean Inc., the Maine-based clothing and outdoor-goods retailer, anticipates layoffs this year after annual revenue dropped for only the third time since 1960, the company’s CEO told employees in a memo Monday.
* Thirty workers at Emerson Climate Technologies (formerly known as Copeland Canada), at 145 Sherwood Dr., will lose their jobs due to corporate restructuring.
Employees were told of the cuts on Friday. The last day of work for the affected employees is expected to be May 1.
* Closely held Electro-Motive Diesel Inc. has warned 347 workers at its LaGrange plant that they will lose their jobs beginning in April, according to a report issued by the State of Illinois.
* Texas Instruments France will cut one-third of jobs at its wireless communication chip facility in Villeneuve-Loubet, France. TI France Christian Tordo told AFP that of the 305 job cuts announced last autumn, around 130 workers will be laid off and 170 would take voluntary redundancy.
* A northwest Queensland mine in receivership since last year has become the latest resource firm to cut jobs with nearly 100 workers laid off.
* PRAGUE, March 9 (Reuters) – Czech exports dropped by their fastest annual pace on record in January and companies slashed jobs to confront a plunge in euro zone demand, showing the central European state was feeling the full impact of the global crisis.
* Lev Leviev Diamonds (LLD) Namibia polishing factory is scaling down its operations and has cut 77 workers leaving it with a staff of approximately 30 people, LLD CEO Kombadayedu Kapwanga told the Namibian Economist.
* Northcliffe Media plans to cut up to 95 jobs and close or merge a number of the weekly papers it publishes across Essex, Kent and Surrey, as part of proposals to amalgamate subediting in a single centre.
* Opel has announced plans to cut 250 jobs at the Gliwice plant in southern Poland by end-May. The deepening recession on the European automotive market caused Opel to cut employment by a similar number of workers already last autumn, TV Biznes reports.
* Swiss independent watchmaker Chopard is cutting 36 jobs as consumers rein in spending on Swiss-made watches, the head of the group’s watchmaking unit was quoted as saying on Monday.
* MORE than 60 jobs in the Premier’s Department will go as part of the State Government’s bid to slash spending.
* TACOMA, Wash. — The Triple-A Tacoma Rainiers baseball team had 775 job seekers at a weekend job fair sponsored by the team.
The aspiring hot dog vendors, ticket sellers, gift shop workers, cleanup crew members and security guards turned out Saturday in hopes of landing some of an estimated 300 seasonal jobs offered by the Pacific Coast League farm club.
Mike: It was a quieter day for layoff announcements, which is good news for us all. I’m trying to shake a nasty head cold, so till tomorrow……………