By judy golden To track reversals in the world of work for workers and companies Thursday 4/30 -----------------
Reversals Seventeen 545,388 – layoffs since 11/08 at 500 largest public companies 299,000 laid off in March 11.2% in CA unemployed in March highest since WW II and 2.1m out of work WA unemployment 8.4% 84,217 layoffs in tech 1.47m on unemployment extension as of 3/26 1/10 on food stamps – 32.2m 12.5 total unemployed – 3/12 CA unemployment at 10.1% 631,000 first time unemployment claims for week of 4/20 for decrease of 14,000 6.14m claim benefits for more than a week as of 4/18 Newspapers – 8484 in US Law –3000 lost jobs from Feb to April . 560 in major firms week of 2/23 and week of 3/2 is 337 attorney and 795 staff – 1132. 10,000 layoffs since January – 4281 attorney and 6259 staff.
Conde Nast – close Portfolio Joanne Lipman editor in chief with 80 staff David Carey President and publishing director Morning News – 9 in newsroom plus others Yale University – 100 university workers Timken – OH bearings and specialty steels 400 by end of year 25% cut Hanesbrands – 500 out in corporate management and distribution Mass By judy golden To track reversals in the world of work for workers and companies Thursday 4/30
Reversals Seventeen GM - no Pontiac close 6 auto plants and cut dealer ranks by 500 more so total of 23000 jobs out by 2011 Magna International – MG.A-T cut 725 jobs temp at parts making plant in CAN as there is a cut in production of trucks and sport utility cars by MD Formet pickup truck and SUV frame making facility in CAN 200 out Paul J Getty trust - 14% cut and 205 jobs Nokia – 450 jobs Ugobe – Pleo toy closed Chapter VII Yahoo! – 600 out with 45 from IN – laid off most of Flickr engineer – close Columbus office UBS – cut 2000 jobs in US Textron – out 2100 jobs in RI GM – in CAN 38000 jobs out – total employees in production 4400 from 10300 in 08 Millington – beer plant closing supplier of Annheuser Busch Fujifilm – out or transfer 5000 jobs ST-Ericsson – out 1200 jobs ST Microelectronics and Ericsson Doris Panos – luxury jewelry Chapter XI – since 1993 items sold at Nieman Marcus BASF – 2000 jobs chemical company BAE systems – 500 jobs close 3 factories in UK - defense Chrysler – to file Chapter XI Sycamore Networks – optical 30% layoff Cessna Aircraft – corporate jets to lay off 2300 and close OR plant Jones Apparel – close 225 locations 1/5 and 1000 jobs Baltimore Sun – 60 people out By judy golden To track reversals in the world of work for workers and companies Thursday 4/30
Reversals Seventeen Clear Channel – 590 jobs cut
Lockheed Martin – 225 out in NY due to no presidential helicopter program CSX – 150 at rail yard in NY Carrier Corporation – united Technologies – 140 hourly workers
Legal: Wildman Harrold – 10 associates and 7 staff out Nixon Peabody – roll back starting salaries and associates pay and bonus structure Squire Sanders – 10% cut in salary Wildman, Harrold, Allen & Dixon – IL to lay off 10 attorneys Kilpatrick Stockton – 24 attorneys laid off and attorney suicide in DC K&L Gates –layoffs 20 staff