Mike: Good day to all. Today’s big news comes from the labor department at 8:30 and that is the Jobless Claims number, and here it is:

WASHINGTON (MarketWatch) — Signaling persistent labor market weakness, the number of workers filing initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 654,000 last week, the Labor Department reported Thursday. The smoothed average of new claims over the past four weeks rose 6,750 to 650,000 — the highest level since October 1982. The number of people receiving unemployment checks in the week ending Feb. 28 rose 193,000 to a record 5.32 million. The four-week average of these ongoing claims increased 124,250 to 5.14 million, also a record high level.

via U.S. weekly initial jobless claims rise 9,000 to 654,000 - MarketWatch .

 

Mike: There are some locations where the recession is more like a depression. During the 1930s, the depression jobless rate was about 20%:

Marion County has the second highest unemployment rate in the state. The 22 percent unemployment doesn’t even factor in recent layoffs at the Beneteau boat plant and the closing of US components.

According to unemployment officials, this is the highest unemployment rate Marion County’s seen in 19 years.

via Unemployment tops 22 percent in Marion County : News : WPDE .

 

Steve Kelley - Mar 12

Steve Kelley - Mar 12

* Larger llayoff announcements and important economic reports:
US/Canada


International:
    

 

Microsoft/Google/IBM and other Rumors & News

 

apple12* The Apple rumor mill is running amok these days. Inside sources tell all about Apple layoffs and of a mysterious Apple device in the works, likely a large iPod Touch, rumored to hit the market this fall. (As always, there isn’t a peep of confirmation out of Cupertino.)

apple11* It’s hard to make sense of the conflicting reports of recent layoffs at Apple (AAPL). Valleywag’s gossip editor in two separate posts said as many as 50 employees were laid off here and there.

- General Economic News

 

Jobless Claims
[Report][djStar]
8:30 AM ET

* WASHINGTON, March 12 (Reuters) – The number of U.S. workers filing new claims for jobless benefits rose 9,000 last week and so-called continued claims notched a fresh record as a year-long U.S. recession continued to slam the labor market, data on Thursday showed.

Retail Sales
[Report][Star]
8:30 AM ET
* March 12 (Bloomberg) — Sales at U.S. retailers in February fell less than forecast and January’s gain was almost double the previous estimate, indicating the biggest part of the economy may be starting to stabilize.

The 0.1 percent decrease reflected a slump in demand for cars and followed a revised 1.8 percent jump in January, the Commerce Department said today in Washington. Purchases excluding automobiles unexpectedly climbed 0.7 percent.

via February Retail Sales in U.S. Decreased Less Than Forecast - Bloomberg.com .


* WASHINGTON, March 12 (Reuters) – U.S. business inventories fell 1.1 percent in January, a government report showed on Thursday, as companies scaled back output to address sagging demand.

The Commerce Department said December’s inventories were revised to show a 1.6 percent drop, previously reported as a 1.3 percent decline. Motor vehicle and parts inventories dived 4.4 percent in January, the steepest drop since July 2005, it said.

Analysts polled by Reuters had forecast business inventories falling 1.0 percent in January.

via U.S. inventories fall 1.1 percent in January | Reuters .

* The ranks of the unemployed now total 12.5 million people. One of them is Al Martinez, who was recently laid off in January from his job as a columnist for The Los Angeles Times. In a recent post on his personal blog, Mr. Martinez describes the “intense feelings of rejection” that accompany sudden unemployment.

via The Isolation of Unemployment - Well Blog – NYTimes.com.

 

* WASHINGTON (AP) — Despite halts on new foreclosures by several major lenders, the number of households threatened with losing their homes rose 30 percent in February from last year’s levels, RealtyTrac reported Thursday.

Nationwide, nearly 291,000 homes received at least one foreclosure-related notice last month, up 6 percent from January, according to the Irvine, Calif-based company. While foreclosures are highly concentrated in the Western states and Florida, the problem is spreading to states like Idaho, Illinois and Oregon as the U.S. economy worsens.

via Foreclosures up 30 percent in February - Yahoo! Finance.

Mike Luckovich - Mar 11

Mike Luckovich - Mar 11

 

- Municipal News

 

* Sarasota County will eliminate 56 positions from its workforce of roughly 2,200 in preparation for a mid-year budget reduction March 23.

via Sarasota County announces layoffs ahead of budget reduction – Tampa Bay Business Journal: .

 

* DENHAM SPRINGS — Denham Springs city government laid off 10 employees as a result of tough economic times, Mayor Jimmy Durbin confirmed Wednesday.

via 2theadvocate.com | News | Denham Springs lays off 10 — Baton Rouge, LA.

 

* Regions Financial Corp. laid off at least seven workers at its local loan center in the Birmingham area as part of a minor work force adjustment, a spokesman said.

via Regions Financial cuts several Birmingham loan jobs - Birmingham Business Journal: .

 

* The board voted to lay off 150 educational assistants, despite objections from the Canadian Union of Public Employees (CUPE) Local 4400, which said layoffs could have been avoided.

via TDSB to lay off 150 educational assistants.

 

* WINDER – Barrow County Commissioners voted 4-2 Tuesday night to reorganize two of the county’s departments, a move that will eliminate two jobs, demote one worker and change responsibilities for some who are left.

via Barrow merging agencies; some jobs cut | merritt.melancon@onlineathens.com.

 

* Howard County’s health department has begun layoffs that may total 15 workers by June 30, as officials say slumping income tax and real estate revenues push a projected county budget shortfall toward $10 million in the current fiscal year.

- US and some Canada News

 

ppg* PPG Industries Inc (PPG.N), the world’s second-largest paint and coatings maker, said on Thursday it will cut 2,500 jobs in a restructuring plan aimed at saving $140 million annually.

via UPDATE 1-Paint maker PPG to cut 2,500 jobs in restructuring | Industries | Industrials, Materials & Utilities | Reuters .

 

ppg1* PPG Industries said today it will slash about 2,500 jobs worldwide as part of a restructuring plan that is designed to save the paints, glass and chemicals maker about $140 million annually.

via PPG cutting another 2,500 jobs.

 

methode-electronics* Methode Electronics Inc. (MEI) will cut 850 jobs as the company looks to reduce its exposure to the North American auto industry. Meanwhile, the company swung to a fiscal third-quarter loss on write-downs and restructuring charges.

The company said it would also move manufacturing operations to lower-cost regions to cut costs. After the restructuring, all its manufacturing will be in Mexico, Malta and China.

via Methode To Cut Nearly 25% Of Work Force, Posts 3Q Loss.

 

weyerh2* Weyerhaeuser will lay off 59 employees at a sawmill in Warrenton, according to a state filing.

A spokesman for the Federal Way, Wash.-based timber giant did not immediately return a call for comment.

via Weyerhaeuser curtails work at Oregon sawmill, lays off 59: bizjournals.com Business News – MSN Money.

 

aarp* The District-based organization will cut about 240 of its 2,400 jobs nationwide, according to The Hill, citing Kevin Donnellan, AARP’s chief communications officer.

dell5* Dell Inc, the world’s No. 2 maker of personal computers, is cutting more jobs this week as it continues to retool operations.

Dell declined on Wednesday to disclose how many people it is laying off, saying only that they are taking place at its assembly facility in Winston-Salem, North Carolina, and in Central Texas.

The company, which cut 11,000 jobs last fiscal year, is trying to overhaul its cost structure in the face of a punishing recession.

“I can confirm a global workforce reduction this week as part of our ongoing effort to streamline our business,” said Dell spokesman David Frink.

via Dell cutting jobs in North Carolina, Texas | Technology | Reuters .

    

dell4* The Nashville Business Journal reported today that pink slips will proliferate among workers today at Dell’s manufacturing plant in Lebanon and its distribution center in Nashville, which employ about 3,200 Middle Tennesseans.

A spokesman for Dell didn’t specify how many, though he did say most would be notified by the end of the day. via Nashville – Nashville Scene – Pith in the Wind – Dell Layoffs Coming to Nashville and Lebanon Today

 

 

 

 

dell6*The latest cut came to light Wednesday, when the company confirmed that it would eliminate jobs this week around the globe. The layoffs will include positions in Central Texas, Winston-Salem, N.C., and at two facilities in the Nashville, Tenn., area, the company said.

David Frink, a Dell spokesman, declined to provide numbers for specific locations, but sources within the company said the cuts would number in the hundreds.

via Dell cuts hundreds of jobs.

 

[youtube=http://www.youtube.com/watch?v=ITkzf7DkwD8&eurl=http://news.google.com/news?um=1&ned=us&hl=en&q=jobs+cut+dell&as_qdr=d&as_drrb=q]

 

bausch-lomb2* Bausch & Lomb Inc. plans to let go of more than 500 employees worldwide and close a plant in India by year’s end.

In a memorandum sent this week to B&L employees, Chief Executive Gerald Ostrov said the company is making cuts from its administrative ranks and at its contact lens manufacturing site in Waterford, Ireland. Combined, the company will cut 495 positions.

via Bausch & Lomb workers brace for layoffs | democratandchronicle.com | Democrat and Chronicle.

 

bronco-drilling* Bronco investor relations official Bob Jarvis says 604 employees have been laid off and the salaries of field employees cut by about 10 percent.

* Niles America Wintech Incorporated will cut at least 150 workers during the next few months.

Gecom Corporation is closings its plant in April or May – cutting 168 jobs in Winchester.

The third company to announce cuts is Ainak Incorporated, which will transfer its molding process from Winchester, to facilities in China and Indonesia.

via Three Companies In Winchester All Announce Job Cuts .

 

*HOOSICK FALLS, N.Y. — The Saint-Gobain Performance Plastics factory laid off 11 full-time employees on Monday, according to William Seiberlich of the Saint-Gobain Corp.

via Factory lays off 11 workers – Bennington Banner.

 

* Gas pump manufacturing company Dresser Wayne recently cut 200 jobs, or 10 percent of it’s worldwide workforce.

    

* Tufts University has frozen some salaries and laid off more than a dozen staff members but says it will be able to balance its budget for the next two years despite a projected 30 percent dip in its endowment.

    

big-bird1* Sesame Workshop, the nonprofit producer of Sesame Street and other kids’ programs, is cutting about one-fifth of its work force because of the economic downturn.

The New York-based company said Wednesday that it’s eliminating 67 of 355 staff positions. via TheStar.com | Entertainment | Sesame Street producer announces layoffs .
    

aol* AOL LLC announced in January it was sharpening the job-cutting ax with the goal of eliminating up to 10 percent of its workforce. Now the ax has fallen. AOL began firing employees Monday, including some at its Dulles operations, according to a report in The Washington Post.

    

. * ARKADELPHIA (AP) — Ouachita Baptist University says it will cut about 12 percent of its administrative and staff positions, but no faculty members are to lose their jobs. via OBU Announces Staff Cuts - ArkansasBusiness.com .

 

    

* Galichia Heart Hospital is eliminating about six full-time staff members as part of a reorganization effort that centers on being more efficient. via Galichia restructures, eliminates six jobs – Wichita Business Journal:

    

* Altra Holdings Inc. said it has cut nearly 12 percent of its work force company-wide through the end of February.

via AIMC,KIDSQ Parent company of TB Wood’s Inc. cuts work force.

 

* He said the exact number of job cuts won’t be known for five or six days. He did not say how much production would be reduced.

via The Daily Citizen, Dalton, GA - Shaw to cut jobs at South Pittsburg plant.

 

newspaper10* FRESNO, Calif. (AP) — The Fresno Bee will lay off 63 workers and cut salaries in order to reduce expenses in a weak advertising market.

via The Associated Press: Fresno Bee to lay off 63 people.

 

* The UJA-Federation of New York is laying-off 15% of its workforce, according to a person familiar with the matter. The layoffs at the charity, which is often described as the world’s largest local charity organization, are a sign of the tough economic times. Tough fund raising in the year ahead is being blamed for the cutbacks.

* HOPKINS CO., KY (WFIE) – More layoffs in Hopkins County at the International Automotive Components plant.

The company said 23 hourly workers will be laid off March 16.

via 14 News, The Tri-State’s News and Weather Leader-More layoffs in Hopkins County.

 

* A tough economy is forcing O’Brien Steel to do something it hasn’t had to do since the recession of 1982. The company laid off 32 workers this week.

* 12 March 2009 – Kerry Ingredients France, part of the Kerry group, will cut 164 positions at its Apt (Vaucluse) plant. The plant, which employs about 330 people, would see its workforce reduced by half.

 

 

 

 

 

 

 

 

* GKN laid off a total of 53 hourly workers and 11 salaried employees from facilities in Mebane, Roxboro and Auburn Hills, Mich., according to a press release Wednesday. The Mebane facility is located on Trollingwood-Hawfields Road and employs 545 other workers. The exact number of impacted workers at the Mebane site was not released.

via GKN layoffs impact Mebane facility | gkn, mebane, workers – Top News – Burlington Times News.

 

firestone* A Firestone official has verified the pending layoff of 71 employees at the Prescott Firestone Building Products facility.

via Firestone to lay off 71 employees in Nevada County – Arkadelphia, AR – Arkadelphia Siftings Herald.

 

* The orchestra let 12 staff members go Wednesday. Six positions will go unfilled, reducing administrative staff 20 percent.

via The Associated Press: Philadelphia Orchestra cuts staff 20 percent.

 

* There have been layoffs recently, including 100 employees of the Whistler Blackcomb Ski and Snowboard School.

via Pique newsmagazine| Whistler, CANADA.

 

* The University of Tennessee Medical Center laid off 15 employees Wednesday.

via WBIR.com | Knoxville, TN | UT Medical Center lays off 15 employees.

 

national-semiconductor2* Dismal sales of chips that go into cellphones prompted National Semiconductor to announce Wednesday that it will shut down its Arlington plant.

The plant, which opened in 1985, employs 340 people and will be closed in phases over the next 18 to 21 months, said John Conn, vice president and managing director of the Arlington site.

via NSM National Semiconductor will close Arlington plant: 340 will lose their jobs; declining sales of cellphone chips blamed.

 

owens-corning1* Owens Corning confirmed yesterday that nearly 50 workers at the company’s Guelph plant were laid off earlier this week.

via GuelphMercury.com – News – Owens Corning lays off workers at Guelph plant .

 

* Twenty-one workers were issued layoff notices late last month. The non-unionized workers have not been placed on a recall list.

via MacLean lays off 21 - Owen Sound Sun Times – Ontario, CA .

 

* GLADE SPRING, Va. – Utility Trailer Manufacturing Co. will close its plant here May 15, the company announced this week.

According to a letter sent to Washington County, to comply with the Federal Worker Adjustment and Retraining Notification Act, 119 jobs will be eliminated.

via Utility Trailer Manufacturing Co. Shutting Doors In Glade Spring | TriCities.

 

* Meritor Suspension Systems Co. has announced that it plans to close permanently the Steeles Avenue plant by the end of 2009, putting 165 people out of work.

* Closing the lumber mill, the company’s last operation in the city, would affect about 23 workers. Kolakowski said that Frank Chervan officials said some of those workers would be offered work in Roanoke.

conocophillips2* FARMINGTON — Acting on the continued slump in natural gas prices, ConocoPhillips laid off 22 workers from its San Juan Basin work force, corporate officials confirmed Wednesday.

via ConocoPhillips cuts local oil and gas jobs - Farmington Daily Times.

 

* Seventeen positions have been cut through layoffs at Casa Grande Regional Medical Center, and another seven jobs open through attrition will not be filled, hospital officials said.

via Casa Grande Valley Newspapers Inc..

 

* Hundreds of workers slated to be laid off at the former Stelco are just months short of qualifying for their pensions.

Now union leaders are asking U.S. Steel to bridge these employees so that they can begin collecting their pensions — rather than rely on Employment Insurance.

via TheSpec.com – Local – Hundreds of Stelco workers fall short of pensions .

 

* Excel Polymers, LLC announced on Wednesday that roughly 80 employees have been permanently laid off from its Dyersburg facility, with cuts affecting both hourly and salaried personnel.

via Dyersburg State Gazette: Story: Excel Polymers lays off approximately 80 additional employees.

 

epix-pharmaceuticals* The workforce reduction resulted in 44 jobs lost company wide, including 33 in Massachusetts, a company spokeswoman said.

via EPIX Pharmaceuticals reports loss, job cuts - Daily Business Update – The Boston Globe.

 

genesee-wyoming* Genesee & Wyoming Inc (GWR.N) will furlough 50 more employees in the next 30 days, in addition to 95 furloughed so far, the railroad operator said during its investor conference call.

Genesee has also reduced about 10 percent of its locomotive fleet since the beginning of 2009 and cut working hours to keep pace with the low demand.

via UPDATE 1-Genesee & Wyoming to cut more jobs, resize fleet | Industries | Industrials, Materials & Utilities | Reuters .

 

hexion-specialty-chemicals* HOUSTON (ICIS news)–US producer Hexion Specialty Chemicals plans to cut about 15% of its workforce this year on expectations that the global recession will last through 2009 and potentially beyond, the company said on Thursday.

Hexion currently employs 7,000 workers, according to its website.

via US Hexion to slash 15% of workforce on long recession fears.

 

* Crane Merchandising Systems, a division of Crane Co., announced that it will close its St. Louis, Mo. area manufacturing facility in order to consolidate its vending equipment manufacturing operations in Williston, S.C.

via Crane Merchandising Systems To Close St. Louis, Mo. Area Manufacturing Facility.

 

* The three other plants slated for closure are: Hamel, Minn.; Lumber Bridge, N.C.; and Franklin Park, Ill. All of the closings, which come under Signature Aluminum US, are expected to be completed in the next several weeks.

A steep downturn in the economy and the aluminum industry, along with a tightening credit market, are being blamed for the plant closings.

Employing about 280 locally, the plant sharply curtailed its operations at the start of the month to fewer than 30 workers.

via The Herald, Sharon, Pa. – Signature signing off; plant to close.

 

* The plan is to shift production to New York City, meaning that 15 to 20 workers will be out of a job.

via Livonian Brothers to close | brothers, close, livonian – Local News – WRGB CBS 6 Albany.

 

chrysler1* OTTAWA (AP) — A top Chrysler official issued a grim threat to Canadian lawmakers, warning the struggling U.S. automaker may shut down its plants in Canada if it doesn’t get significant labor concessions and government aid.

“Chrysler LLC cannot afford to manufacture products in a jurisdiction that is uncompetitive, relative to other jurisdictions,” president Tom LaSorda told a Parliamentary committee Wednesday night.

via The Associated Press: Chrysler threatens to pull out of Canada.

 

* Twelve people in eastern P.E.I. will lose their jobs over the next two months as Cabinetmaster winds down operations at its facility in Lower Montague.

delta1*SALT LAKE CITY (ABC 4 News) – Delta Airlines announced Thursday that they will take control of ground baggage operations for Sky West, a regional airline associated with Delta.

via Delta Airlines to take control of Skywest; 300 Utah jobs in jeopardy - ABC 4.com .

 

* HELENA – The Montana Tunnels metal mine near Jefferson City has issued 60-day layoff notices to about 90 percent of its remaining work force. That’s because lower commodities prices and the global credit crisis have made it difficult to find investors.

 

 

 

 

- International News

 

* Staff at Wrekin Construction were called to a meeting at the company’s head office in Shifnal at 4pm today where the majority, believed at be about 450 workers, were made redundant with immediate effect. The company employs 530 workers.

via Wrekin workers laid off : Shropshire Star:

* Finland’s largest telecommunications operator TeliaSonera is cutting at least 318 jobs from its broadband unit in Finland. In Helsinki, 154 jobs are going, while Jyväskylä will lose 50 and Tampere will lose 30 TeliaSonera jobs.

via Helsingin Sanomat – International Edition – Business & Finance.

 

* Finnish machinery and equipment hire group Ramirent said in a statement Thursday it had decided to cut a further 150 jobs after a 26-per cent year-on-year drop in January-to-February sales.

via NewsRoom Finland.

 

saab* STOCKHOLM : Swedish carmaker Saab, trying to survive as an independent unit after it was cut loose by troubled parent General Motors, said Thursday it would lay off 750 of its 4,100 employees in Sweden.

. * Sofia. 719 people of Navigation Maritime Bulgare’s ships crew will be laid off,company’s Executive Director Hristo Donev told Focus News Agency.

via FOCUS Information Agency.

 

* THE North-east’s last remaining paper mill yesterday announced plans to axe 10 per cent of its workforce.

Around 48 jobs are expected to go at Stoneywood Mill, near Bucksburn, Aberdeen.

via Jobs cut in North-east’s last paper mill – Scotsman.com News .

 

* NCR, the cash-machine manufacturer based in Dundee since post-World War II, has announced plans to cut about 250 jobs.

via NCR factory to cut 250 jobs in Dundee | Scotland | stv News.

 

* Vodafone Turkey has announced plans to cut approximately 260 jobs as part of a restructuring program after reporting a 14.5% decline in revenue for the fourth quarter 2008.

via VOD Vodafone Turkey cuts 260 jobs.

 

* Time Warner Inc’s AOL said on Thursday it is closing a research unit in China, shedding 56 jobs as part of global cost cutting measures.

via Time Warner’s AOL closes China R&D unit, sheds 56 jobs | Industries | Reuters .

 

* THE Gwent resort hosting next year’s Ryder Cup made 48 people redundant last month and may have to axe up to 22 more posts.

via Celtic Manor confirm redundancies (From South Wales Argus).

 

* Baker & McKenzie’s London office has launched a formal redundancy consultation that will see the loss of between 60 and 85 jobs.

via Bakers to cut up to 85 jobs from London office - Legal Week, legal news, comment, events and legal jobs.

 

* The Department of Parliamentary Services will cut about 25 security jobs from Parliament House by the middle of the year.

via Parliament House to cut security jobs – ABC News (Australian Broadcasting Corporation).

 

* Chopard’s Karl-Friedrich Scheufele recently stated that the company would be laying off 36 employees, from their manufacturing and administration arms. The cut does not represent an immense portion of their labor force, but such companies are not known for making hasty lay-off decisions.

- Hiring News

 

* In the Laurens County community of Clinton, a new company called Force V Environmental LLC plans to employ 189 people at a new vinyl window and door factory, said Marvin Moss, executive director of the Laurens County Development Corp., the county’s industrial recruiting organization.

via Two companies to create 250 jobs | GreenvilleOnline.com | The Greenville News.

 

* WILLISTON — More jobs will come to Barnwell County when Crane Co. consolidates its vending operations into its Dixie-Narco facility in Williston.

The announcement came Wednesday from Gov. Mark Sanford, the South Carolina Department of Commerce, Barnwell County and SCANA. The consolidation of the North American vending operations to South Carolina has the potential to increase employment at the Barnwell County facility by 1,000 jobs over the next five years. Hiring is expected to begin within the next 14 months.

via Local News | Aiken Standard | Aiken, SC .

 

Mike: Another busy day with unemployment claims rising and a record number of people still collecting unemployment. That’s enough bad news for the day, so let’s end it with a laugh…………

 

 

[vodpod id=ExternalVideo.795085&w=425&h=350&fv=autoPlay%3Dfalse]

more about “The Daily Show with Jon Stewart Offic…“, posted with vodpod

 

 

Jerry Holbert - Mar 12

Jerry Holbert - Mar 12

top

 

 

 

 

 

 

 

 

 

 

 

 

Tags: , , , , , , , , , , , , , , ,

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?

Real Estate $3,850
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 bennett.mike.web@flsenate.gov to give him your views. You now know mine.

bennett1* 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.”

via Bill would require drug test for unemployment check – Local – Bradenton.com.

* Larger llayoff announcements and important economic reports:
US/Canada


International:
  

- Microsoft/Google/IBM and other Rumors & News

apple9* 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.

- General Economic News

* 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.

via Job openings drop 31 percent | ajc.com.

Mike Luckovich - Mar 10

Mike Luckovich - Mar 10

* 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.

via COBRA subsidy unleashes questions by laid-off workers, employers - Cleveland.com.

* 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.

via CTV.ca | Tightwads stretch dollar even further amid recession.

- Municipal News

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.

calif* 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.

via Visalia Unified to cut 71 jobs - Local – fresnobee.com.

* 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.

via School district delivers 95 layoff notices | SierraSun.com.

* 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.

via Charlotte-Mecklenburg Schools To Cut 456 Teachers – Charlotte News Story – WSOC Charlotte.

* Poudre School District will eliminate an unspecified number of classified employee positions to help cut the district’s 2009-10 budget.

via PSD to cut jobs | coloradoan.com | The Coloradoan,.

* Six school districts held board meetings Tuesday, and five of them decided to hand out layoff notices.

via 5 school districts approve layoffs | Bakersfield Now | Local & Regional News .

* 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.

via Phelan school district lays off 80 | phelan, district, lays – Local News – Victorville Daily Press.

* 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.

via Gridley teachers receive layoff notices – Gridley, CA – Gridley Herald.

* 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.

via Santa Ana Unified to send out 530 pink slips | officials, school, teachers, district, employees – News – OCRegister.com.

* 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.

- US and some Canada News

sony-pictures1* 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.

via The Associated Press: Sony Pictures to cut nearly 350 jobs.

national-semiconductor* 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.

via National Semiconductor to cut 1,725 jobs – Forbes.com.

national-semiconductor1- 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.

via National Semi posts lower profit, sets job cuts – MarketWatch .

* 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.

via Sonus Networks announces additional job cuts - Forbes.com.

* 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.

newspaper3* 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.

via Seattle paper says workers told jobs will end | Markets | Markets News | Reuters .

newspaper4* Faced with continuing declines in revenue, The Telegraph announced Tuesday it will eliminate 18 jobs and cut the wages of many remaining employees.

via Telegraph to cut pay, work force – Business – Macon.

newspaper5* 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.

via 36 News’ workers take buyout; layoffs loom - Business First of Buffalo: .

newspaper6* 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

via 4 more McClatchy papers in SC cut jobs, pay – Forbes.com.

newspaper7* 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.

via islandpacket.com | Island Packet, Beaufort Gazette to cut staff 11 percent.

newspaper8* MIAMI — The publisher of The Miami Herald says about 175 employees will lose their jobs as the newspaper cuts costs.

via Miami Herald to lose 175 employees as part of cost cutting | Gainesville.com | The Gainesville Sun | Gainesville, FL.

newspaper9* 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.

Lisa Benson  - Mar 11

Lisa Benson - Mar 11

* 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.”

via Warren Hospital to cut 48 jobs as other Lehigh Valley hospitals feel economic pinch – lehighvalleylive.com.

* LEWISBURG — Fewer admissions and more charity cases are forcing Evangelical Community Hospital to cut the equivalent of 28 full-time positions, officials announced Tuesday.

via The Daily Item, Sunbury, PA – Evangelical slashes 28 jobs.

* 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.

via dailygleaner.com - Hundreds of jobs to be cut – Breaking News, New Brunswick, Canada.

* 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.

via The Columbus Dispatch : OSU Extension slashes 22 jobs as state lowers its contribution.

* 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.

via Principal Financial Group announces layoffs -- chicagotribune.com.

* 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.

via Spuncast adds to layoffs – The Business Journal of Milwaukee: .

gavel8* 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.

via Venable Cuts 16 Attorneys and 48 Staff; 11-Day Legal Layoffs Tally Tops 2,500 | ABA Journal – Law News Now.

* Armstrong World Industries has announced it is shutting down production at its Mobile plant in May. 172 jobs will be lost.

via Mobile Company Announces Layoffs – Alabama Mobile Economy Jobs – WKRG.com.

* WEATHERSFIELD — RTI Niles has eliminated the jobs of nearly 20 salaried workers because of slow sales.

via Vindy.com Local News Youngstown, Warren, Columbiana Ohio -Slow sales force elimination of salaried jobs at RTI Niles.

alcoa1* 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.

via Howmet announces more layoffs : Local : Times Record News.

* 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.

via Maine Audubon Announces Layoffs, Reorganization – 3/10/09 10:57 AM EST.

toro* 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.

via Company Announces Layoffs for 235 People / .

* 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.

via True Textiles hit with another round of layoffs – Bangor Daily News.

* 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.

drake* Almost 50 employees at the Drake Center and University Hospital will be laid off, the Health Alliance of Greater Cincinnati said Tuesday.

via Drake, University laying off 50 | Cincinnati Enquirer | Cincinnati.Com.

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.

via Electric Arc Furnace Idle At End of Month - News, Sports, Jobs – The Intelligencer / Wheeling News-Register.

fleetwood2* 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.

via Oregon trailer maker closing two plants, cuts 415 jobs – OregonLive.com.

* 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.

via Doors close abruptly at 2 plants .

pepsi* 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.

via Ledger-Enquirer.com | 03/10/2009 | Pepsi bottler closing plant in Columbus, 66 to lose jobs .

belo-corp* 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.

via Belo Corp. to cut 150 jobs – San Antonio Business Journal: .

* 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.

via Arnold cuts 40 jobs, scales back salaries - Boston Business Journal:

* 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.

via WRCB Channel 3 Chattanooga News, Weather | Grady Health System forced to cut 150 jobs.

a-air* American Airlines, struggling with a slump in travel, will lay off 323 flight attendants on April 1, according to one of its unions.

via Union says American to lay off 323 next month – Forbes.com.

dell1* 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.

via Source: 300 Laid Off At Forsyth County Dell Plant - Money News Story – WXII The Triad.

dell3* 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.

via Dell Sounds Knell For Hundreds Of Employees - Hardware – IT Channel News by CRN and VARBusiness.

* The merger of two area trucking terminals operated by Roadway and Yellow Transportation has resulted in about 70 layoffs.

via 70 laid off in merger of truckers : Business : The Buffalo News.

* 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.

via AdaEveningNews.com – Ada, Oklahoma – Major Ada employers reduce workforce.

siemens* 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.

via Siemens to close Urbana facility, cut 174 jobs.

* 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.

via Bourns closing Janesville plant - The Business Journal of Milwaukee: .

* 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.

via Armstrong to idle Mobile plant, lay off 170-plus workers in May – Breaking News from the Press-Register – al.com.

* 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.

via Winchester plants to cut 450 jobs - Local – Kentucky.com.

* A company spokesperson says about 180 jobs will be eliminated. Wilton Products, Inc.,

- International News

* “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.

via Severstal to cut costs at U.S. ops, jobs in Russia | Deals | Regulatory News | Reuters .

continental-ag* 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.

via UPDATE 1-Renishaw warns of H2 loss, to cut 500 jobs | Industries | Industrials, Materials & Utilities | Reuters .

* 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.

via UPDATE 1-Flextronics to cut jobs, close facilities | Industries | Technology, Media & Telecommunications | Reuters .

* 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.

via Sony Australia to cut jobs | Australian IT.

* 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.

via Toyota to cut UK production and wages by 10 pct | Business news | Chron.com – Houston Chronicle.

* 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.

via Layoffs hit Sweden’s schools - The Local.

* UK engineering firm Renishaw is slashing 500 jobs worldwide, weeks after asking its staff to agree to a 20% pay cut.

via Engineering firm Renishaw cuts 500 jobs despite pay cut | Business | guardian.co.uk .

* 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.

via Altadis agrees 780 job cuts in Spain with unions | Industries | Consumer Products & Retail | Reuters .

* 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.

via Two closures and 95 jobs axed at GMG south regionals – Press Gazette.

* 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.

via Aveng Forecasts Fall in Profit, Has Cut 450 Mine Jobs (Update2) – Bloomberg.com .

* 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.

via RTTNews – Breaking News, financial breaking News, Positive EPS Surprises, Stock research …. .

* 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.

- Hiring News

* Lt. Governor Lee Fisher announced 430 new jobs were coming back to the Wilmington Air Park.

via Lt. Gov. Fisher announces up to 430 new jobs in Wilmington Air Park | Buckeye State Blog.

* 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.

via GreenTech Manufacturing Bringing 320 Jobs To Georgia.

* 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……

[vodpod id=ExternalVideo.794600&w=425&h=350&fv=autoPlay%3Dfalse]

more about “The Daily Show with Jon Stewart Offic…“, posted with vodpod
Steve Kelley - Mar 11

Steve Kelley - Mar 11

top

M

Mike: Turned out to be another busy Tuesaday for layoff announcements. It was a relatively light day for economic reports, but the retail sales numbers indicate that the “consumer, ” you and I, are not out there spending money on merchandise. The more we spend the more who may keep their jobs, but from what I’m hearing, most people are cutting back their spending as the retails reports show:

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.

Bloomberg.com: Economic Calendar.

-
Mike: Reader Rapid City sent The Layoff List the following job loss news:
* I found your site looking for info on layoffs for Merillat “Masco”. I thought I would give you a heads up. They just let the Rapid City SD employee’s know that as of September they are shutting the plant here down permanently. That is around 150 workers out of work along with the SCI plant here in Rapid City closing down which employed around 275 workers. This is a smaller town and a lot of people out of work. My husband will now be one of them.
-
Mike: Thanks for the heads up Rapid City. I am sure this is a difficult time for you and your family, so I hope your husband finds a new position soon. It’s a difficult economy for all, but the smaller communities have fewer employment options when a large employer has a mass layoff. Here is a report of that layoff from the local radio outlet:
 

* 157 Merillat Particleboard Plant workers will lose their jobs in September when the Rapid City factory closes via Radio 1380 KOTA News-On-Demand.

 


Most people are interested in learning more about layoff announcements for a number of reasons:
  • 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………

* Larger layoff announcements and important economic reports: Yesterday reader, U, gave The Layoff List readers the heads up on upcoming UTC (Hamilton Sundstrand) layoffs and today the bad news was officially announced:
-
US/Canada


International:
Walt Handelsman  - Mar 10

Walt Handelsman - Mar 10

- Microsoft/Google/IBM and other Rumors & News

apple8* 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.

via Another analyst lowers earnings estimates for Apple | Apple – CNET News.

Mike: As I mentioned above with regards to companies not wanting to advertise layoffs, it seems as if IBM may be going that route:

ibm2* 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.

via DailyTech – IBM Scrutinized for Layoff Practices .

* 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

via AOL Layoffs Happening Today - Post I.T. – A Technology Blog From The Washington Post – (washingtonpost.com).

- General Economic News

* 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.

via Hedge Funds May Cut a Record 20,000 Jobs as Losses Erode Fees – Bloomberg.com .

* 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.

via Employers foresee slower hiring in early 2009 - survey: Financial News – Yahoo! Finance.

Tom Toles - Mar 10

Tom Toles - Mar 10

- Municipal News

* 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.

via Upper Rogue Independent – EP faces cuts, including 5 staff and several programs.

* “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.”

via Kaukauna teacher layoffs officially approved | Postcrescent.com | Appleton Post-Crescent.

King County school layoffs:

[youtube=http://www.youtube.com/watch?v=kL98IafMyO8&eurl=http://news.google.com/news?ned=us&hl=en&q=layoffs&as_qdr=d&as_drrb=q&start=10]

* 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.

via Sonoma County schools issuing layoff notices | PressDemocrat.com | The Press Democrat | Santa Rosa, CA.

* Sandwich Superintendent Mary Ellen Johnson announced last week that the district will cut one administrator, 18.4 teaching positions, and one educational support staffer.

via Sandwich Schools will cut staff - Sandwich, MA – Sandwich Broadsider.

* 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.

via Mayor: Mansfield will lay off 4 police officers | mansfieldnewsjournal.com | Mansfield News Journal.

* 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.

- US and some Canada News

dow* 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.

via Dow Chemical to Sell Assets, Cut Jobs to Fund ‘Rich’ Rohm Deal – Bloomberg.com .

united-technologies1* 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.

via United Technologies will slash 11,600 jobs as outlook dims – USATODAY.com.

united-technologies3* 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.

gavel* 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.

via 731 Lawyers and Staff Laid Off Today at Morgan Lewis, K&L Gates and White & Case | ABA Journal – Law News Now.

gavel1* 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.

via K&L Gates cuts 36 associates, 76 staffers .

gavel2* 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.

via Morgan Lewis lays off 216 firmwide: bizjournals.com Business News – MSN Money.

gavel3* Akin Gump Strauss Hauer & Feld laid off 47 associates and 57 paralegals and staff on Friday, a source within the firm has confirmed.

via Akin Gump cuts 47 associates, 57 staff .

gavel4* 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.

gavel5* Morgan, Lewis & Bockius announced today that the firm will be laying off 55 lawyers and 161 staff members.

via The BLT: The Blog of Legal Times : Morgan, Lewis & Bockius to Cut 55 Lawyers, 161 Staff.

gavel6* 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.

via Connecticut Law Tribune: Pepe & Hazard Announces Second Round Of Layoffs .

gavel7* Chadbourne & Parke has confirmed that the firm has laid off 25 associates and counsel across its 13 offices worldwide.

merillat-particleboard* 157 Merillat Particleboard Plant workers will lose their jobs in September when the Rapid City factory closes

via Radio 1380 KOTA News-On-Demand.

conway* 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.

via Con-way cutting salaries, benefits - Memphis Business Journal: .

stanford-financial2* 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.

via Stanford Financial lays off 174 statewide - South Florida Business Journal: .

* 36 people have been laid-off at the LaBounty Manufacturing plant in Two Harbors.

via 36 Laid Off At Two Harbors Plant | Northland’s NewsCenter NBC 6, CBS 3, My 9, and Northland CW for Duluth MN / Superior WI | Local News .

* 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.

via NFLD Northfield Laboratories To Close Corporate Office, Cut Staff.

* BRODHEAD — Kuhn North America announced Friday it was laying off 60 workers at its Brodhead facility, effective immediately.

via Brodhead plant cuts 60 jobs – GazetteXtra.

newspaper* 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.

via Sacramento Bee cuts 128 jobs, 11 percent of staff – San Jose Mercury News.

* 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.

via Community Foundation For Greater Atlanta makes cuts - Atlanta Business Chronicle: .

* 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.

via 77 Square: Arts: Dance: Madison Ballet cuts staff.

* Advertising agency Mullen cut about 40 workers, or around eight percent of its staff, late last week, the agency confirmed Monday.

via Mullen cuts another 40 workers – Boston Business Journal: .

* 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.

via Cequent closure in Mosinee could cut 200 jobs – chicagotribune.com.

* 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.

via Chief Industries announces job cuts – Top Local Stories – News : KHAS-TV.

* 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.

via MBI Lays Off Workers At Mansfield Plant.

* The first permanent cuts at Summit Polymers are expected Monday.

via Two more companies announce layoffs | michigan, west, people – Top Stories – WWMT NEWSCHANNEL 3.

* 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.

via WCAX.COM Local Vermont News, Weather and Sports-GE Aviation Offers More Furloughs.

* Monday, all 70 employees at the Bainbridge facility, received a 60 day warning notice of the closing.

via WALB.com News, Weather and Sports for Albany, Valdosta and Thomasville. Leading the way for South Georgia. | TRACO suspends operations.

fleetwood* Fleetwood will close the Edgerton plant once all of its existing orders for travel trailers are filled.

via Fleetwood to close Edgerton Ohio plant.

* 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.

via WTTE FOX 28 – Ohio News.

duncan-aviation1* 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.

via Neb.-based Duncan Aviation cutting 300-plus jobs — chicagotribune.com.

* STOKESDALE — Lowe’s Home Centers will close a Guilford County distribution center, a move that will cost 81 employees their jobs.

via Lowe’s to close warehouse; 81 to be laid off : News-Record.com : Greensboro, North Carolina.

* Kadant AES, a maker of cleaning products for the paper industry, is closing its manufacturing operation in Queensbury and laying off 32 workers.

via Kadant closing manufacturing operation in Queensbury, laying off 32 - The Business Review (Albany): .

* 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.

via MinnPost – North Shore manufacturing firm announces layoffs.

* CLOVIS, N.M. (AP) - Cummins Natural Gas Engine in Clovis has laid off 16 workers – about 30% of its work force.

via KVIA.com El Paso, Las Cruces – Weather, News, Sports – Clovis company cuts 30% of workers.

butterball* Huntsville – The Butterball plant at Huntsville has made its previously announced cut of 150 positions.

via Butterball Plant at Huntsville Lays off 150|Channel 7 News.

* He said the store has around 60 employees and there will be help through the Human Resources department to find them new jobs.

via KIFI – Idaho Falls, Pocatello, Jackson WY – Weather News Sports-Pocatello Sportsman’s Warehouse to Close.

delta* 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.

via Delta to cut jobs, international flights | ajc.com.

newspaper2* The Wichita Eagle reports it will lay off 14 workers as its share of the 1,600 layoffs its parent company is making nationwide.

via Wichita Eagle cuts 14 jobs amid McClatchy layoffs – Forbes.com.

* 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.

via 3 Northeast Ohio hospitals announce more than 200 layoffs : MedCity News.

wonder-bread* 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.

via Wonder Bread plant closing - Business First of Columbus: .

* University Hospital and the Drake Center will lay off employees this week as they struggle with a tough economy.

- International News

karmann* 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.

via German car firm to cut 1,300 jobs | watoday.com.au.

* 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.

scott-wilson* 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.

via UPDATE 1-Scott Wilson to cut 10 pct jobs, freeze UK salaries | Industries | Industrials, Materials & Utilities | Reuters .

total-oil1* 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.

via Inntel makes redundancies as bookings drop.

* 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.

via Mooter cuts all staff, changes tactic .

* 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.

via UPDATE 1-Hardide warns on 2009 sales, to cut jobs | Markets | Markets News | Reuters .

* 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.

via Australian Job Advertisements Fell By Record Amount in February – Bloomberg.com .

* Environment Ministry restructuring will cost about 20 jobs, Prime Minister John Key said today.

via Ministry restructured, 20 jobs cut | Stuff.co.nz.

* 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.

via UPDATE 1-Italcementi to cut 2009 investment by 20 percent | Industries | Industrials, Materials & Utilities | Reuters .

* 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.

via VP Bank Swings To ’08 Loss; Cuts Jobs, Costs Amid Outflows.

* The union Unite said 62 workers at Tyrone Brick were to be made redundant.

via BBC NEWS | UK | Northern Ireland | Foyle and West | Brick plant workers to lose jobs.

toyota2* 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.

via BBC NEWS | Business | Toyota planning new UK cutbacks.

bhp-billiton* BHP Billiton has refused to rule out further job cuts after yesterday sacking 85 workers at its Olympic Dam operation in South Australia.

via 85 Olympic Dam jobs cut as BHP reviews project | The Australian.

* 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.

via 65 staff laid off as Tesco pull contract EXCLUSIVE – News, frontpage – Fingal-Independent.ie.

* 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.

via Samancor Chrome prepares to retrench, 900 jobs at risk.

* 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.

- Hiring News

* 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.

via ACS plans to hire 500 in San Antonio - San Antonio Business Journal: .

* 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………….

[vodpod id=ExternalVideo.794136&w=425&h=350&fv=autoPlay%3Dfalse]

more about “The Daily Show with Jon Stewart Offic…“, posted with vodpod

[vodpod id=ExternalVideo.794138&w=425&h=350&fv=autoPlay%3Dfalse]

more about “Colbertnation | The Colbert Report Of…“, posted with vodpod
Rob Rogers - Mar 10

Rob Rogers - Mar 10

Mike: The Layoff List will be changing locations. Over the next month I am going to transition from http://layofflist.wordpress.com/ to http://www.layofflist.org/. The reasons for the move:

So I ask you, the reader of The Layoff List, to:

  • Take a look at http://www.layofflist.org/.
  • Send along any suggestion that you may have that would make visiting The Layoff List a more enjoyable experience.
  • Place your recommendations/suggestions in the comments area or send me a note at Mike@layofflist.org.

Thanks.

top

Tags: , , , , , , , , , , , , , , , ,