April 17, 2009

Sony Ericsson to cut 2,000 jobs after losses

Mobile phone maker Sony Ericsson on Friday said it would cut 2,000 more jobs after it swung to a loss of 293 million euros (384 million dollars) in the first quarter of the year.

“The additional cost saving programme announced today will include a further reduction in the global workforce of approximately 2,000 people,” the company said in a statement.

Source: AFP

Toshiba to cut 3,900 jobs as big loss looms

Toshiba Corp. on Friday announced 3,900 more job cuts and predicted a record annual loss as the economic downturn continues to take a heavy toll on Japan’s high-tech giants.

Toshiba had already laid off 4,500 temporary workers in the last financial year to March as Japan’s recession deepened and exports slumped.

Source: AFP

April 16, 2009

Harley-Davidson announces more job cuts

Harley-Davidson plans to cut another 300 to 400 hourly production jobs over the next two years, the company announced Thursday morning when it released first-quarter earnings that show a decrease in revenue and net income.

The cuts are in addition to the 800 production layoffs the company announced last April. The first round of trimming called for the loss of 300 production positions at Harley’s production facility in Springettsbury Township.

Source: Trading Markets

April 4, 2009

Fate of F-22, 2,000 jobs to be revealed on Monday

Filed under: aerospace,Manufacturing — 7macaw @ 5:31 pm
Tags: , ,

The fate of the F-22 Raptor fighter jet, assembled in Cobb County by 2,000 workers, should be revealed Monday when Defense Secretary Robert Gates unveils “a fundamental shift” in U.S. military priorities.

The Pentagon is alerting key members of Congress this weekend about plans to shrink spending on expensive weapons systems, including the technologically superior F-22. Gates, no big fan of the stealth fighter, will lay out 2010 budget priorities at the Monday afternoon Pentagon press conference.

Source: The Atlanta Journal-Constitution

March 27, 2009

Johnson Controls to Close Ten Plants, Cut More Jobs

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 to close plant, cut 670 jobs

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.

Source:Silicon Valley / San Jose Business Journal

Navistar plant lays off 170 in Arkansas

A school bus plant owned by Warrenville, Ill.-based Navistar has laid off 170 more workers in Arkansas.

The cuts some after the IC Corp. plant laid off 300 workers in January, although some workers later came back on the line at the plant.

Source: Chicago Tribune

March 26, 2009

GM: 12 percent workers taking buyouts

General Motors Corp. said Thursday that 195 union workers at its Shreveport assembly plant accepted a buyout from the financially troubled auto giant.

The workers are among 7,500 workers nationwide who decided to take the deal, GM said. That represents about 12 percent of GM’s hourly work force represented by the United Auto Workers.

GM offered $20,000 cash and a $25,000 voucher to buy a car to all of its 62,400 hourly U.S. employees as part of an effort to further trim its blue-collar payroll.

Source: AP, Forbes

March 25, 2009

Nike pulls output at 4 Asia plants

Nike Inc plans to halt its production at three shoe factories in China and one in Vietnam.

Source: CNBC, Reuters
~News submitted by upthecreek

March 24, 2009

Hospira To Cut 10% Of Work Force In Streamlining Plan

Filed under: Manufacturing,Medical,US — DF @ 2:06 pm
Tags: , ,

According to CNNMoney: ” Medical products-company Hospira Inc. (HSP) plans to cut 10% of its work force, streamline operations and evaluate non-core businesses in an effort to improve efficiency and spur growth.

The Lake Forest, Ill., company, which had more than 14,500 workers as of Dec. 31, is targeting annual cost savings as high as $140 million.”

March 23, 2009

Stimulus? U.S. to buy Chinese condoms, ending Alabama jobs

Filed under: China,General,Manufacturing,US — DF @ 11:16 am
Tags: , , ,

At a time when the federal government is spending billions of stimulus dollars to stem the tide of U.S. layoffs, should that same government put even more Americans out of work by buying cheaper foreign products? In this case, Chinese condoms.

In a move expected to cost 300 American jobs, the government is switching to cheaper off-shore condoms, including some made in China.

Source: The Kansas City Star
~News submitted by upthecreek

March 20, 2009

Graco to cut 180 jobs as 1Q orders drop

Fluid-handling-systems maker Graco Inc. said Wednesday it will cut an additional 180 jobs, or 8 percent of its global work force, to reflect a drop in demand for its fluid handling systems and components.

The Minneapolis-based company previously eliminated 150 jobs in December.

Source: AP

March 18, 2009

Potash Corp. extends layoff of 940 workers

Fertilizer producer Potash Corp. of Saskatchewan[, Canada] plans to extend the temporary layoff of 940 workers who were let go in January.

The extended layoffs come one day after Potash said it is reducing its 2009 potash production by an additional 1.5 million tonnes, bringing the total expected cut of its capacity to at least 3.5 million tonnes this year.

Source: CBC

Toro to Lay Off 235 Workers at Tomah Plant

Toro Company announced Tuesday they are laying off 235 production workers at the Tomah[,WI] plant effective April 20.

650 people are employed at the Toro Tomah plant, which makes turf maintenance equipment for golf courses, sports fields, communities and commercial properties.

Source: WKBT

March 17, 2009

UTC’s Chief Says Canceling F-22 Could Cost 3,000 Jobs

Connecticut could lose between 2,000 and 3,000 jobs, mostly at United Technologies Corp., if the Pentagon cancels production of the F-22 fighter jet, UTC said Monday.

The cuts would be predominantly at Pratt & Whitney and Hamilton Sundstrand, but would also include job losses at Connecticut suppliers, a UTC spokesman said, clarifying remarks made earlier in the day by Louis Chênevert, UTC’s chief executive.

Any F-22-related cuts at UTC would be in addition to the 11,600 job reductions that UTC said it will make worldwide this year.

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