Workforce Reduction

Mike: I hope you all have a fine Tuesday. Today brings us the weekly retails sales numbers, ICSC-Goldman Store Sales  and Redbook,  which show increases from last year. Shoppers are opening thier wallets and spending some money this year, which is a good sign that people are more comfortable with spending. Mike: My following thoughts are not meant to […]

Continue reading about May 12 – Japan Airlines to Cut 1200 – 1200 jobs to go at Eircom – Retails sales improve – Median home prices fall 13.8% – GM may close 50% of dealerships – USG to cut more jobs – Loyola hospitals cutting 440 – PNC Financial adding 400 Chicago jobs – GE to bring 350 jobs to Albany, NY

Mike: I hope your weekend went well. There is little economic news to report today, so I’ll just let the news speak for itself today. Sorry about posting this late, but I had a dental appointment that kept me from doing much of anything this morning. More on that later…… Mike: Considering the below story, […]

Continue reading about May 11 – Dell cuts 260 NC jobs – UK cuts 7000 coucil jobs in 6 months – Dassault cuts US and FR jobs

  Mike: Best of Friday to you all and thanks for visiting The Layoff List. Today’s monthly jobs report came in better than expected at 539,000 for job losses, but the unemployment rate still increased to 8.9%, which is the highest recorded since September 1983. The article below has a number of points that factored […]

Continue reading about May 8, 9, 10 – Employers “only” cut 539,000 jobs in April – Unemployment rate spikes to 8.9%, the highest since 1983 – Severstal trims 3,100 – ThyssenKrupp to cut 2,000 – 1,300 Medtronic jobs coming to Alamo City – Tyler Refrigeration chops 500