Layoffs

Mike: A relatively busy day for layoffs and economic reports that seemed to be taken as a positive for the day. What was bad news last monthis taken as good news this onth, as far as the market is concerned. I hope you are all making money during this time of positive news, but don’t get complacent. Till tomorrow and […]

Continue reading about May 6 – Microsoft keeps chopping: 1200 gone in WA – Fiat denies report of 18,000 job cuts – eBay ending 700 call center jobs – Trinidad Drilling cuts > 500 – Mortgage applications up from previous week – Challenger Report: Fewer job cuts in March, but up 47% from last year

Mike: Thanks for visiting The Layoff List. The layoff announcements are surprisingly light this AM and I hope it stays that way. Today brings us retail sales numbers (ICSC-Goldman Store Sales,  Redbook) and the ISM Non-Mfg Index  report, which is a business activity index.  Bank stress test results are due on Thursday, but the government is […]

Continue reading about May 5 – More Microsoft layoffs? Yes, Microsoft cuts up to 3000 more – Diebold to dump 300 – Banks stress tests: fact or fiction? – Fiat alliance could cost 18,000 EU jobs – Linde to Eliminate 3,000 EU Jobs – Adidas to chop 1000 – Amylin to cut about 200 – Wells Fargo starts big layoffs – Ford Michigan Truck may add 1,500 jobs

Mike: I hope that your weekend was enjoyed. A couple of important economic reports  – Construction Spending and Pending Home Sales Index – both indicate improvement from previous months. I’ll post more particulars as they are released, but improvement in these sectors is welcomed, especially in the relation to construction and and real estate related jobs.   Mike: I […]

Continue reading about May 4 – March pending home sales improve – Construction spending increases – UKs WPP to cut 7200 – Kokomo: 200 Delphi workers laid off – New Jersey BC/BS cuts 253 – Accent Marketing to lay off nearly 500