Layoffs

                         Mike: Hello to all and thanks for visiting the new home of  The Layoff List. WordPress is giving me some trouble this Sunday, so updates may be delayed. Mike: Credit card legislative actions are long overdue, but NY Senator Charles Schumer has an odd way of describing the relationship between the so called “credit […]

Continue reading about May 1, 2, 3 – Chrysler bankruptcy: the aftermath – Credit card bill of rights passes House: What’s in it for you? – NYC plans 13,500 layoffs – NASA jobs: first 160 of 900 gone today – Consumer confidence soars, while factory orders and car sales plunge – Sovereign Bank cuts 950

Mike: A good Thursday to one and all. Today’s Jobless Claims report came in at 631,000, which is 14,000 less than expected. That’s decent news, but it should not be taken as the final word, since the revised numbers have been higher each week for the past six months. On the other hand, a reduction in the […]

Continue reading about April 30 – Jobless claims fall to 631,000 – Record 6.27 million collecting unemployment benefits – UBS axed 2,000 U.S. jobs – Fujifilm to cut or transfer 5,000 – BASF to cut > 2,000 jobs worldwide – Textron cuts 2100 more – Chrysler to file for bankruptcy – Motorola cuts 500 more

Mike: Today’s layoff announcements picked up steam later in the day, as seems to be the case of late. Tomorrow brings us the weekly  Jobless Claims report. Don’t forget to track the flu here: Google maps app –  swine flu tracker GDP fell more than expected, but it was good news because the consumer is spending more […]

Continue reading about April 29 – Dealer group: GM closings to cost 137,330 jobs – Cessna announces 2,300 layoffs – Goodyear flattens 3,800 jobs – Jones Apparel trims 1,000 – Clear Channel tunes out 590 jobs – Ford to dump 380 in Louisville