LayoffBlog.com

January 16, 2009

Brutal job losses continue in 2009

Filed under: FYI,US — DF @ 4:32 pm
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According to CNN Money: “The job market is off to a terrible start this year, with companies announcing more than 80,000 job losses so far, in one of the most painful symptoms of the ongoing recession.”

Job cuts in January, 2009

Circuit City 34,000 Microsoft ?
Alcoa 13,500 TDK Corp. 8,000
Boeing 4,500 Motorola 4,000
Hertz 4,000 Honda 3,100
EMC Corp. 2,400 Barclay’s 2,100
Cessna 2,000 MeadWestvaco Corp. 2,000
WellPoint 1,500 Cigna 1,100
Saks Fifth Avenue 1,100 Walgreens 1,000
Schlumberger 1,000 ING Group 950
Macy’s 900 Cummings 800
Autodesk 750 Pfizer 700
Logitech 500 Oracle 500
Neiman Marcus Groups 375 Ethan Allen 350
New Yaork & Co. 350 Barnes & Noble 100
Google 100 World Wrestling Entertainmnet 60

Total: 91,735

(read comments for updates)

December 22, 2008

More than 1 million jobs would be cut in 2009

Filed under: FYI,unemployment,US — DF @ 10:28 pm
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According to CNNMoney: “In a report released Monday, executive outplacement firm Challenger, Gray & Christmas Inc. predicted that more than 1 million jobs would be cut in 2009.

Last week, consulting firm Watson Wyatt said that 23% of companies surveyed in early December plan layoffs in the next year.

The report also said that 39% had already cut their work force – up from 19% in October.”

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