Bob Stangarone, vice president of communications with Cessna, says the layoffs will be companywide and affect all pay categories.
The number of layoffs will be announced next month, following the first-quarter report from Cessna’s parent company, Textron Inc., which Stangarone says is expected April 29. The company has already laid off 4,600 workers.
In addition, the company announced a companywide shutdown from July 6 to July 17.
Source: Wichita Business Journal
A distraught Wayland Chevrolet employee who just learned the car dealership was going out of business, may be charged with disorderly conduct after he got into fights allegedly fueled by a “liquid lunch,” Police Chief Dan Miller said today.
One fight, just outside the Wayland Chevrolet dealership’s door, was caught on video when a TV news camera came to do a story on Friday about the dealership revealing it would close that day, putting 30 employees out of work.
Source, video: MLive
Walgreens and Take Care Health Systems on Tuesday launched an initiative to offer free health care services to all of its current and future patients who lose their jobs after March 31 and have no health insurance.
The Take Care Recovery Plan offer applies to most services currently provided at the Take Care Clinics.
The plan includes treatment of:
• Respiratory Illnesses, such as colds, sinus infections, bronchitis and strep throat.
• Common Conditions, such as seasonal allergies and pink eye.
• Skin Conditions, such as dry skin, poison ivy, minor skin infections and burns.
Source: Atlanta Business Chronicle
Cisco Systems expects $47 billion of the federal stimulus money will be spent on technology.
Cisco’s fair share? About $1 billion, said Cisco’s senior vice president Bruce Klein during a visit to the company’s Research Triangle Park site Friday. Klein, based in Virginia, is responsible for making sure Cisco gets that share of the money.
Businesses like Cisco can’t receive the federal money directly, but only through projects financed by stimulus funds that are paid to local and state agencies. Toward that end, Klein put together nine teams across the company to pore over government documents and identify business opportunities with local governments, school districts, state agencies, university systems and health care organizations.
Source: News & Observer. Thanks anon for the tip.
Lionsgate is believed to be slashing 8% of its workforce in a second round of redundancies after the Santa Monica-based studio cut 41 jobs last November.
The studio did not return calls about the latest cull, which is understood will reduce the headcount by 45 to approximately 500 people.
Source: Screen Daily
Australian mortgage services provider Commonwealth Bank of Australia late Sunday announced that it would cut 400 jobs at its wholly-owned subsidiary Bank of Western Australia Ltd or Bankwest across Australia. The bank cited the deteriorating national and Western Australian economies as well as a high cost base as the reason for implementing these job cuts.
According to Bankwest, around 250 back-office support roles on the west coast and 150 on the east coast will be made redundant this year.
Source: RTTNews
At least 40 Arab Israel Railways workers received pink slips on Sunday, effective the beginning of April. They are losing their jobs after Israel Railways changed its employment terms, and said it would employ only army veterans in the positions these workers held.
The workers serve as lookouts at level crossings, to prevent collisions between trains and vehicles. The job does not involve bearing arms.
Source: Haaretz
Struggling financial services firm Citigroup would lay off even its office cleaners, with about 65 of them are expected to leave the
firm in the next few weeks, media report says.
“Citigroup can no longer afford to keep on the people who clean their offices, apparently,” the New York magazine said in its website.
Quoting Service Employees International Union spokesperson Kwame Patterson, the report said “we got notice about two weeks ago that 65 workers will be laid off within the coming weeks.”
Source: The Economic Times
Seven states posted unemployment rates above 10 percent in February, according to seasonally adjusted figures released Friday morning by the U.S. Bureau of Labor Statistics.
Michigan registered the nation’s worst rate, with 12 percent of its labor force out of work as of February 2009.
Also in double digits were South Carolina (11 percent), Oregon (10.8 percent), North Carolina (10.7 percent), California (10.5 percent), Rhode Island (10.5 percent), and Nevada (10.1 percent).
Source: Dayton Business Journal
Layoffs forced 283 people out of work [Friday] at Las Vegas Sands Corp. in Las Vegas.
Ron Reese, spokesman for the company, said the affected employees worked in the corporate offices as well as the Venetian and Palazzo resorts on the Strip. He said nearly 7,000 full-time equivalent positions remain in Las Vegas.
Source: Las Vegas Sun
Hundreds of Walt Disney World employees in Florida are being handed pink slips and escorted off the property.
Orlando Business Journal said its broadcast partner, Central Florida News 13, said the layoffs involve from 400 to 800 people, but Disney officials would not confirm the number of people affected. Disney said layoffs are part of the restructuring announced last month.
Source: Pacific Business News
According to AP, BusinessWeek: “Wal-Mart Stores Inc. announced Friday that it will shutter an optical lab in Ohio, cutting 650 jobs, as it looks to cut costs by fold its operations into facilities in Indiana and Arkansas.
The world’s largest retailer said in a statement that eyewear orders previously sent to the facility in Lockbourne, Ohio, will be dispersed to labs in Crawfordsville, Ind., Fayetteville, Ark., and Dallas.”
According to Reuters, CNBC: “Johnson Controls, the third-biggest auto parts supplier in North America, said it had completed two-thirds of its restructuring announced at the end of 2008, which included shutting 21 plants and reducing 9,300 jobs, or 7 percent of its global workforce.”
~News submitted by upthecreek
Plantronics Inc. plans to cut about 670 positions and close its manufacturing plant in Suzhou, China to improve profitability of its Bluetooth headset product line, the company said Thursday.
Santa Cruz[,Calif.]-based Plantronics (NYSE: PLT) said it will outsource production of Bluetooth headsets to an existing supplier in China, where most of the job cuts will take place.
The 7,631 United Auto Workers who accepted early retirement and buyout offers this week from General Motors Corp. — more than 53 percent of whom work in Michigan — will make room for laid off workers to reclaim their jobs.
But GM likely will not be able to hire lesser-paid workers until the worst sales market in 27 years improves.
“We certainly hope to be able to realize some of that (savings) going forward, but clearly the evaporation in sales put a hold on that,” GM spokesman Tony Sapienza said. “When the dust settles, we’ll still have people laid off, but we’ll be able to bring a lot of laid off people back to work.”
Source: The Detroit News
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