Posts Tagged 'cut jobs'

April 30 – The Layoff List is Moving to http://www.layofflist.org/

Mike: Good morning to all and thanks for visiting The Layoff List.

I am moving The Layoff List postings to http://www.layofflist.org/.   So please take the time to visit the new location of  The Layoff List and be sure to bookmark it. I hope to make the site a more enjoyable experience for its readers. The new location of The Layoff List should load faster and allow me to offer you more options that aren’t allowed at WordPress.com.

Later this week I’ll have a site redirect enabled and you will sent directly to the new location of The Layoff List, but until then I thought this note would allow for a more comfortable change. 

Let me know what you think should be added or omitted from The Layoff List. Do you want more hiring news, more outside commentary, or more information about government programs?  Your comments are always welcome as well as your layoff stories and tips. If you have any news about layoffs that I’ve not posted, send them along and I’ll make sure they are given some attention.  Thanks. The Layoff List

April 17, 18 – Sony Ericsson will cut 2000 more – Toshiba to dump 3900 temps – ABX to lay off 518 – NXP deletes 622 – Teradyne to release 350 – Media General eliminates 300 – Need a new car? If passed, U.S. ‘Cash-For-Clunkers’ could net you $5,000 – Layoff List is moving to Layofflist.org on Sunday

Just a reminder, I’ll be moving this site to http://www.layofflist.org/ over the next couple of days, so don’t be surprised when you see a redirect notice when accessing this current version of The Layoff List. The new and improved Layoff List will load quicker and allow me to offer some additional items, which are not allowed at WordPress.com. Please visit http://www.layofflist.org/ and let me know what I can do to make your visits more rewarding. Thanks ………....
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Mike: A  relatively quiet day again for layoff announcements of  the larger kind. Hopefully this latest week is not merely a lull in the action. I’m going out this weekend to test my new Canon camera, so if I shoot anything of interest, I’ll post for comment. I hope you all have a fine weekend.
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Yesterday’s jobless claims number was a positive sign in a lengthy period of negative reports. With stimulus money being spent and sent to states for large projects, the worst of the job losses may be coming to a close. There are a number of indicators that suggest when the four-week jobless claims moving average starts to decline, the recession hits bottom within a couple months. Keep your fingers crossed that the four-week claims continue to decline. While there are still many economic obstacles in the path to economic growth, these signs of improvement are encouraging. The following article shows the relationship between peak unemployment and economic recovery:

He points to one indicator in particular with a remarkable track record: the number of Americans filing new claims for unemployment benefits. In past recessions, it has hit its peak about four weeks before the economy hit a trough and began to grow again. As of right now, the four-week average of new claims hit its peak of 650,000 in the week ended March 14. Based on the model, “if there’s no further rise, we’re looking at a trough coming in April or May,” he said, which is far earlier than most forecasts currently anticipate.

via RGE - Initial unemployment claims and the end of recessions.

 

New Claims for Unemployment - (4-week averages)

New Claims for Unemployment - (4-week averages)

Onto the news:

Mike: The US imprisons more people per capita than any other country in the world and the prison population isn’t even considered when tabulating unemployment. Why not save the taxpayer a bunch of money and give some model prisoners the ability to do some work? We give tax cheats and dishonest bankers great government gigs, so why not give some petty criminals a mop? What are your thoughts?

- COLUMBUS, Ohio (AP) — Ohio wants to use prisoners to replace Statehouse janitors and groundskeepers who were laid off because of budget cuts, angering a labor union.

The state board that operates the building says it will probably use two inmates to do grounds work and another five for night cleaning.

via The Associated Press: Ohio to give prisoners laid-off janitors’ jobs.

- As of year-end 2007, a record 7.2 million people were behind bars, on probation or on parole. Of the total, 2.3 million were incarcerated.[7] More than 1 in 100 American adults were incarcerated at the start of 2008.

* Larger layoff announcements and important economic reports:
US/Canada

International:

                

- Microsoft/Google/IBM and other Rumors & News -

 

- HP extended its lead in the worldwide PC market while Dell slipped a few points and Acer gained a few others to finish the quarter in a virtual tie for the number two spot. The U.S. market in particular held up better than others, with shipments dipping somewhere between 0.3 and 3.1 percent depending on who you ask. But while the worldwide ranking stayed unchanged from last year, Dell’s shipments dropped precipitously in the United States, which cost them the number one spot in the country after a 10-year run as the top shipper of PCs.

- General Economic News -

 

Consumer Sentiment
[Report][djStar]
9:55 AM ET

 

- The Reuters/University of Michigan Surveys of Consumers said its preliminary April reading of consumer sentiment rose to a level of 61.9, up from 57.3 in March and was the highest since 70.3 recorded in September.

 

 

_____________________________________________________________________________________________________________

 

Consumers would receive vouchers worth as much as $5,000 for trading in models from 2001 or earlier for a new vehicle, under the legislation Sutton proposed March 17. The program may spur sales by more than the 21 percent increase witnessed in Germany in February, Sutton has said.

via U.S. ‘Cash-For-Clunkers’ Proposal May Cover Cars From Overseas – Bloomberg.com .

 

Mike: The crooks and tax dodgers that have been part of the initial Obama administration is staggering. I’m sure there are a few honest, ethical and trustworthy individuals running his economic teams, but the people who show a complete lack of those positive traits seem to increase in number on a regular basis.  

- NEW YORK (AP) — An investment company run by the head of the Obama administration’s auto task force has been accused of paying more than $1 million to an aide to New York’s former comptroller in a bid to win a lucrative deal with the state pension fund.

via Obama’s auto adviser linked to NY pension probe - Yahoo! Finance.

 

- ATLANTA (AP) — Delta Air Lines Inc. no longer is outsourcing reservation calls to India after years of complaints from customers who preferred to speak to someone in the United States.

 

 

Stuart Carlson - Apr 17

Stuart Carlson - Apr 17

 

- But now a study highlights another area where workers laid off from companies with fewer than 20 workers get pinched: The 65 percent government COBRA subsidy to help people extend their health insurance is either not available to them or not as comprehensive in many states.

 

- Government Layoff News -

 

- Fifty jobs will be lost after the state Department of Corrections announced the October closing of the annex portion of the Lakeview Shock Incarceration Correctional Facility, a minimum security prison in Brocton.

via 50 JOBS TO BE CUT - ObserverToday.com | News, Sports, Jobs, Community Information – Dunkirk | The Observer.

 

- The President of Plattsburgh State University says job cuts are coming.

via WCAX.COM Local Vermont News, Weather and Sports-Job Cuts Coming to Plattsburgh State.

 

- BROCKTON – City firefighters have given up $150,000 in overtime pay to save 20 jobs.

via Brockton firefighters give up overtime to save jobs – Brockton, MA – Wicked Local Brockton.

 

- More than a dozen city employees lost their jobs this morning as North Port continues to adjust to the recession. City Manager Steve Crowell announced 24 job cuts this morning, 14 in jobs that are occupied and 10 unfilled positions.

 

- US and some Canada Layoff News -

 

teradyne- Teradyne Inc. will eliminate 350 jobs and further reduce its executives’ annual salaries as part of ongoing plans to lower expenses as demand for chip making equipment continues to decline, the chip testing equipment maker said in a regulatory filing.

 

nxp-semiconductors- And with that, 622 jobs are set to expire between June 24 and July 8, according to a plant-closing notice the company filed with the state Department of Labor on Monday.

via Microchip maker sets shutdown date | PoughkeepsieJournal.com | Poughkeepsie Journal.

 

newspaper14tv2- The Richmond, Va., company also said it cut its work force by nearly 300 jobs in the week of March 31 and plans to freeze its pension plan at the end of May.

 

anheuser-busch- MOUNT VERNON, Ill. – Anheuser-Busch says it will close its facility in southern Illinois later this year, costing about 80 jobs.

 

- CARNEYS POINT TWP. – Feeling the pinch of the tough economic times, the Salem Community College Board of Trustees has approved the elimination of seven positions and reworked over a dozen others in order to close a budget shortfall.

via Seven jobs cut at SCC – NJ.com.

 

- LEWISBURG — A weakened global and domestic economy has forced a Lewisburg recreational equipment manufacturer to lay off 38 employees.

via The Daily Item, Sunbury, PA - 38 lose jobs at Playworld.

 

newspaper13- NEW YORK (AP) — The New York Times is cutting sections and trimming its budget for freelance contributions in another round of belt tightening aimed at coping with a steep decline in ad revenue.

via The Associated Press: New York Times to cut sections, freelance budget.

 

-Country Fresh management told TV5 the closing is due to economic conditions, excess product and the need to shift production.

The facility has 180 employees, but 110 jobs will be directly affected.

via Country Fresh Dairy Plant In Flint To Close - News Story – WNEM Saginaw.

 

- The move will affect 79 workers, according to data submitted to the state.

via Shelbyville factory to close – Business – Kentucky.com.

 

- Vale Inco employs about 5,000 workers in Ontario mostly at the two operations. It also has a major presence in northern Manitoba and in Labrador, where it operates the Voisey’s Bay mine.

via Inco closing for eight weeks - The North Bay Nugget – Ontario, CA .

 

- Workers at the Clarksville plant lost their jobs, some of whom had worked here since the plant opened in 1967. Mac Betts has put in 35 years of his life working here. Now he doesn’t know what to do.

via Holcim closed, community faces uncertainty : News : KHQA .

 

dhl- DHL Express’ decision to reactivate its Cincinnati/Northern Kentucky (CVG) facility will mean the movement of about 180 full-time positions and 650 part-time positions from Wilmington to the Northern Kentucky airport, a DHL spokesman said this morning, April 17.

via DHL decision means loss of 830 jobs total.

 

- The Suncadia resort near Cle Elum laid off 40 employees Wednesday, according to the Ellensburg Daily Record.

via Business & Technology | Suncadia lays off 40 employees | Seattle Times Newspaper.

 

abx-air- More than 500 ABX Air employees are getting laid off in the latest round of job losses announced Thursday.

via ABX to lay off 518.

 

chrysler- UAW Local 122 president Doug Rice said 450 to 500 employees will be laid off starting April 20. Rice said those laid off include assembly plant and maintenance workers as well as skilled trades workers. 

via Twinsburgbulletin.com – Twinsburg Chrysler to lay off 450-500 .

 

- Three employees have been laid off from the admissions and financial aid office as part of the effort to trim $72 million from the College’s budget by 2011, according to Dean Maria Laskaris.

via TheDartmouth.com | College lays off three from admissions office.

 

Sixty of the 120 employees of the third-generation, family-owned iron castings company are on temporary layoff, said Jim Kirsh.

via WISCONSIN STATE JOURNAL.

 

 

us-steel-GARY | About 40 U.S. Steel Corp. workers were recently laid off, some permanently, because of problems with a blast furnace, local union officials confirmed Thursday.

via U.S. Steel lays off some workers, terminates other / nwi.com.

 

- Rocked by the financial markets and by donors also rocked by the markets, the UND Foundation and its sister organization, the UND Alumni Association, earlier this week laid off four of its 44 employees, spokeswoman Leanna Ihry said.

 

- CHICAGO (AdAge.com) — Doner is the latest ad agency to undergo major staff cuts amid the economic downturn.

The Southfield, Mich.-based independent shop laid off more than 100 people this week,

via Advertising Agency Doner Lays Off More Than 100 Staffers - Agency News – Advertising Age.

 

boe1- Boeing today will issue about 300 layoff notices companywide.

About 120 of those will go to employees in the Puget Sound region, about 100 of them in the Commercial Airplanes division.

via Business & Technology | Boeing issues 300 layoff notices | Seattle Times Newspaper.

 

harley-davidson2- Three months after eliminating dozens of jobs at its Kansas City plant, Harley-Davidson will lay off 70 more local workers in response to sluggish sales.

via 70 more layoffs coming at Harley-Davidson plant in KC - Kansas City Star.

 

- At a joint meeting Wednesday night, leaders of two local railroad unions, the United Transportation Union and the Brotherhood of Locomotive Engineers and Trainmen (BLET) told members to prepare for big layoffs in Buffalo.

via wgrz.com | Buffalo, NY | Railroad Workers Preparing for Layoffs In Buffalo.

 

hospital11- Seventeen non-clinical employees at Jackson Hospital were laid off this week, representing about 1.5 percent of the total work force at the Pine Street hospital, said hospital spokesman Peter Frohmader.

 

 

- International Layoff News -

 

toshiba- The company will cut 3,900 contract workers in Japan by March of next year, according to spokeswoman Hiroko Mochida. That is in addition to the 4,500 Japanese contract workers it previously said would be cut by last month.

 

sony-eric- STOCKHOLM (AP) — Mobile phone maker Sony Ericsson on Friday posted a euro293 million ($387 million) net loss in the first quarter on falling sales and said it would slash an additional 2,000 jobs to cut costs.

via Sony Ericsson posts loss, to cut 2,000 jobs - Yahoo! Finance.

 

- The entire workforce of the Rousse Shipyard is being laid off until further notice as of April 27, the press service of the company has said, as reported by Dnevnik daily.

 

- AN INVERNESS building firm is to cease trading with the loss of 22 jobs, making it the latest casualty of the recession in the Highlands

via Building firm ceases trading with loss of 22 jobs - Press & Journal .

 

gavel10- Howard Kennedy has kicked off a redundancy consultation with 40 jobs at the West End firm under threat.

via Howard Kennedy to cut 40 in new round of layoffs – Legal Week, legal news, comment, events and legal jobs.

 

gavel11- ALLENS Arthur Robinson has become the latest big firm to impose a pay freeze to deal with what is expected to be one of the most testing years for the legal services industry.

 

- Groundwork and demolition specialist Keltbray has said it will be forced to lay off staff as medium-sized commercial jobs dry up

via Commercial drought forces Keltbray to plan redundancies - Building.

 

- LONDON — Printed circuit board manufacturer Ruwel GmbH (Geldern/Pfullingen, Germany), which filed for insolvency earlier this year but continued to operate at a reduced level, is now planning to commence redundancies amongst its 600 staff.

via Redundancies to start at insolvent Ruwel.

 

- A Newcastle holiday firm is to close down with the loss of 108 jobs.

via BBC NEWS | UK | England | Tyne | Jobs lost as travel agent closes.

 

- TYNEDALE’S unemployment blackspot has suffered a further blow with the announcement that 28 jobs are to go at one of its factories.

via Hexham Courant | News | News at a Glance | 28 jobs lost at Haltwhistle factory .

 

- ISLAMABAD: As many as 308 non-gazetted government employees are being laid off from the Statistics Division by July 30, 2009, The News has learnt.

 

 

 

- Hiring News and News You Can Use -

 

- RALEIGH — Gov. Beverly Perdue proposed a new program Thursday designed to quickly retrain people and match them with jobs where there are shortages.

At a news conference at WakeMed, Perdue said she would use $13.4 million in federal stimulus money to start accelerated six-month training programs for 12 occupations. She called it “12 in 6.”

via Training to match workers to open jobs - Local & State – News & Observer.

 

- The projects, which total $956 million, are expected to add 1,300 jobs, according to estimates. It will also repair electric lines and replace many of the state’s 2,500 miles of aging gas pipes.

via $956M in utility projects to add 1,300 jobs – NJ.com .

 

- April 16 (Bloomberg) — Research In Motion Ltd. Co-Chief Executive Officer Mike Lazaridis plans to keep hiring to spur the flow of new BlackBerry models, signaling the phone maker is withstanding a recession that forced rivals to trim payrolls.

via RIM Plans More Hiring as Rivals Cut Jobs in Recession (Update1) – Bloomberg.com .

 

- BUFFALO, N.Y. (WIVB) – Help is wanted at the New Embassy suites. They’re looking to hire up to 90 people as they prepare to open this summer, and a popular theme park is looking for 400 workers.

via Hundreds of jobs available in WNY | WIVB.co

 

- ADS Inc., a company that supplies special operations gear to the military, announced Thursday that it plans to hire 10 workers after winning a contract worth at least $153.6 million to sell flame-resistant garments to the U.S. Army.

via Beach company will add jobs after winning Army contract | HamptonRoads.com | PilotOnline.com.

 

- Faneuil said it will hire about 180 full-time employees and additional support staff for the project. It currently employs 2,400 at 12 offices statewide.

via Florida unemployment offices adding jobs, new call center - St. Petersburg Times.

 

- Jobs are hard to come by these days, but Live Nation is offering an opportunity to pick up one for the summer. The concert promoter/venue operator has nearly 1,500 seasonal jobs at The Gorge, in Eastern Washington, and Auburn’s White River Amphitheatre. Positions range from stagehands to T-shirt sellers, and pay around $9 to $15 per hour.

via Music & nightlife | Live Nation hiring nearly 1500 for summer jobs at The Gorge and White River Ampitheatre | Seattle Times Newspaper.

 

- Job creation, economic investment and the development of renewable energy will be the key points highlighted by Vice President Joseph Biden and Commerce Secretary Gary Locke during an event at the ABB manufacturing facility in Jefferson City, Mo., today, where they will join representatives of Wind Capital Group (WCG), Associated Electric Cooperative Inc. (AECI), ABB, GE Energy, United Auto Workers (UAW) and RMT to announce the development of the Lost Creek Wind Farm. This new project is expected to create over 2,500 jobs.

via North American Windpower: Content / Projects & Contracts / Biden Visits Missouri; New Wind Project Announced.

 

- Census Bureau officials want to count you — and they want you to count.

 

Mike: A  relatively quiet day again for layoff announcements of  the larger kind. Hopefully this latest week is not merely a lull in the action. I’m going out this weekend to test my new Canon camera, so if I shoot anything of interest, I’ll post for comment. I hope you all have a fine weekend.

Just a reminder, I’ll be moving this site to http://www.layofflist.org/ over the next couple of days, so don’t be surprised when you see a redirect notice when accessing this current version of The Layoff List. The new and improved Layoff List will load quicker and allow me to offer some additional items, which are not allowed at WordPress. Please visit http://www.layofflist.org/ and let me know what I can do to make your visits more rewarding. Thanks ………….

 

more about “The Daily Show with Jon Stewart Offic…“, posted with vodpod

 

 

 

Gary Markstein - Apr 17

Gary Markstein - Apr 17

 

 

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April 16 – Jobless Claims fall to 610,000 – Record 6 million remain on unemployment – Housing starts fall to second lowest on record – Yahoo plans to eliminate up to 600 – Russell Investments cutting 400 – Harley-Davidson to cut 400 more

Mike: I hope you are all having a great Thursday and thanks for visiting. 
-
The number we are all looking at today is the Jobless Claims  number. A second important number that will give of view of the economy’s health is the Housing Starts  report. Both of those economic indicators will be available at 8:30 Eastern. 

There was finally some better news to report on the jobless claims numbers as 53,000 less applied for unemployment than the previous week. Although the previous week was adjusted upward from 654,000 to 663,000. While the 610,000 is a significant improvement, we need to wait for the revised number before we know if  that improvement is accurate. For the past five months, nearly all the initial jobless claims numbers came in higher once revised. Any improvement is a positive, especially when the weekly bounces are removed for the four-week moving average report. This is two consecutive weeks of improved jobless claims, so let’s hope this is a trend. I have to say that I have seen less layoff action the past couple weeks. While this blogger can’t account for nearly all the layoff announcements that happen on a weekly basis, I have noticed that there seems to be a slowing of the pace of announcements. 

Not all the news was positive today, as housing starts dropped to a near record low in March of 510,000 units. Even with abnormally lowinterest rates and better housing prices, people are not signing the number of new home contracts that would be expected. But with over 600,000 people losing their jobs each week, it may be a case of people waiting till they see some economic stabilization before they buy a new home. 

- A cautionary note: There is also the issue of job creation. I have mentioned that US needs to CREATE 120,000 jobs a month to merely keep even with job population growth. So if we are still losing 600,000 jobs a week and we need to create 120,000 each month, where does that leave us? I’ll do some simple math and divide 120,000 by 4 = 30,000 per week. So on top of the 600,000 lost, we aren’t creating the 30,00o jobs a week to keep even. Therefore job loss is magnified, but not reported, by 30,000 a week. 

Additionally, since last week was a short work week due to the Easter holiday, some job cuts may have been postponed till this week. We’ll know more about that next week. 

I somewhat discount the continuing claims number and its record breaking habit simply because unemployment benefits have been extended to 72 weeks in some states. I don’t recall unemployment benefits reaching that length of time previously, so it would make sense that more people remain on benefits. If benefits lasted only 50 weeks, that number would start to decline as people exhausted benefits. Once the latest 13-week increase ends, this number is likely to decline as a result.

If jobs losses continue to improve, we will be fortunate indeed, since an economy cannot rebound without job creation. I look forward to posting fewer job loss announcements and more hiring announcements! 

Onto the news of the day………..

The 610,000 new claims for unemployment insurance was 53,000 less than the 663,000 seen in the April 4 week; Labor initially reported 654,000 new claims that week.

The four week moving average in the current week fell 8,500 to 651,000, the first decline since mid-January.

via US ECON: Jobless Claims Fall to 610,000, Lowest Since Jan – Forbes.com.

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The Labor Department says its tally of initial jobless claims dropped to a seasonally adjusted 610,000 from a revised figure of 663,000 the previous week. That is significantly below analysts’ expectations of 655,000.

The number of people claiming benefits for more than a week increased to 6 million, the highest on records dating to 1967.

via The Associated Press: New jobless claims fall unexpectedly to 610,000.

 

 

Chan Lowe - Apr 16

Chan Lowe - Apr 16

 

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* Larger layoff announcements and important economic reports:
US/Canada
International:
          

- Microsoft/Google/IBM and other Rumors & News -

 

yahoo3- The layoffs, the first since Chief Executive Officer Carol Bartz joined in January, could be formally announced Tuesday, when the Sunnyvale Internet company reports first-quarter earnings.

 

yahoo2- Yahoo CEO Carol Bartz is planning a new round of job cuts according to the reports as the company continues to cope with the aftermath of a downturn in online advertsing sales.

The New York Times and  Reuters, citing several people with knowledge of the plans, said the layoffs could affect several hundred employees and may be announced as early as Tuesday when Yahoo reports its first-quarter earnings.

via MediaFile » Blog Archive » Yahoo planning more job cuts | Blogs | .

 

yahoo1- The Silicon Valley company is seeking buyers for the HotJobs employment site, people familiar with the company’s plans said on Wednesday, adding that other acquisitions could follow HotJobs out of the door. Yahoo struck a deal to buy the site in 2001 for $436m in cash and stock.

 

- General Economic News -

 

Jobless Claims
[Report][djStar]
8:30 AM ET
Housing Starts
[Report][Star]
8:30 AM ET
- WASHINGTON (Reuters) — The number of workers filing new claims for unemployment benefits unexpectedly fell last week, government data on Thursday showed, but the number of people continuing to receive benefits rose to a fresh record.

Initial claims for state unemployment insurance benefits fell 53,000 to a seasonally adjusted 610,000 the week ended April 11 from a revised 663,000 the week before, the Labor Department said. The slowdown of new claims for jobless benefits would be a good sign, if it continues.

In a second report, the Commerce Department said housing starts fell 10.8% to a seasonally adjusted annual rate of 510,000 units, second lowest on records dating back to 1959, from February’s downwardly revised 572,000 units.

via Mixed signals as jobless claims and housing starts both drop - USATODAY.com.

 

____________________________________________________________________________________________________________

WASHINGTON (AP) — The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break, according to data released Thursday.

The big unknown for the coming months, however, is President Barack Obama’s plan to help up to 9 million borrowers avoid foreclosure through refinanced mortgages or modified loans. The Obama administration expects its plans to make a big dent in the foreclosure crisis. But it remains to be seen whether the lending industry will fully embrace it, despite $75 billion in incentive payments.

via US foreclosures up 24 percent in 1st quarter - Yahoo! Finance.

 

- With unemployment at 9.4 percent in Florida and nearly 50,000 new applications for food stamps each month, the state has paid JPMorgan Chase nearly $50 million over the past three years to provide food stamp program services, which include customer service call centers in Bangalore and Gurgaon, India.

“She’s got every right to be incensed,” said state Rep. Juan Zapata, R-Miami, chairman of the House Human Services Appropriations Committee. “I can understand why she would feel that this is just not a good policy. We’ll definitely look into it.”

Spokesmen for Gov. Charlie Crist and Department of Children and Families Secretary George Sheldon declined a request for comment.

via Florida food stamp jobs in India aggravate recipients, officials.

 

- LOS ANGELES (AP) — The nation’s second-largest shopping mall owner, General Growth Properties, filed for Chapter 11 bankruptcy protection Thursday in a tough bargaining move to restructure it’s $27 billion in debt.

 

- Government Layoff News -

 

- ELYRIA, Ohio — Ten Elyria firefighters are now out of work, laid off because of budget cuts.

via City Cuts 10 Firefighter Jobs - News Story – WEWS Cleveland.

 

- The Interim Louisiana State University Public Hospital in New Orleans is planning to cut 300 jobs in response to $24 million in state budget cuts, according to the Times-Picayune.

via New Orleans Hospital to Cut 300 Jobs – The Hospital Review.

 

- San Jacinto Unified School District trustees voted Tuesday to eliminate almost 30 nonteaching jobs, effective July 1.

via San Jacinto Unified eliminates jobs, makes other cuts | Inland News | PE.com | Southern California News | News for Inland Southern California.

 

- PORTLAND, Ore. — Administration will be downsized. Teacher in-service and possibly even class days will be lopped off the school year. Staff positions will be cut. Classes will be larger. And those working for the public schools system will pay higher premiums for health care.

 

- US and some Canada Layoff News -

 

harley-davidson- MILWAUKEE (AP) — Harley-Davidson Inc. said Thursday it expects to cut up to 400 more jobs as its first-quarter profit tumbled 37 percent due to a sluggish motorcycle market.

 

- TACOMA, Wash. — Downtown Tacoma’s biggest employer, Russell Investments, is giving layoff notices Wednesday to about 400 of its 2,000 workers.

 

- About 40 workers will lose their jobs when the Beaver plant closes at the end of the month. Da-Tech is helping workers to find other jobs.

via Da-Tech to close WVa plant | AP | 04/15/2009.

 

hospital9- SPOKANE – The local medical community is bracing for more job losses after Sacred Heart Medical Center announced it was laying off 19 positions Wednesday afternoon.

via KXLY.com: News, Weather and Sports for Spokane, WA and Coeur d’Alene, ID | Sacred Heart announces job cuts.

 

- New York–Ultra Stores Inc., the 181-unit chain that filed for Chapter 11 bankruptcy protection last week, will close a dozen underperforming stores in six states and two territories as the chain moves forward with its plan to reorganize and emerge from bankruptcy.

via Ultra Stores to close 12 locations.

 

- OMAHA, Neb. (AP) – Qwest Communications announced Wednesday it will close its customer service call center in Omaha, which employs 176 people.

via KTIV NewsChannel 4 Sioux City IA: News, Weather and Sports-Qwest closing Omaha call center affecting 176 jobs.

 

- The Fred Hutchinson Cancer Research Center has joined the list of organizations announcing layoffs, by eliminating 83 jobs, or about 3 percent of its workforce. The Seattle-based nonprofit research institute said in a statement that it made the budget cuts to offset the drop in charitable giving that it counts on.

via Hutch Cuts 83 Jobs To Cope with Drop in Philanthropy | Xconomy.

 

-Declining revenues have the Kansas State University foundation downsizing. The foundation announced Wednesday it will eliminate 13 staff positions.

via KSU Foundation Cuts 13 Jobs / Kansas News Leader .

 

- Melba Industries, which supplies protective fabrics to the armed services and firefighters, has been in voluntary administration since February and is now likely to go into liquidation.

via Vic textile company to shed 170 jobs.

 

- PMP Print has announced a restructure at its Clayton print site in Victoria that will see the loss of 67 jobs.

via PMP cuts 67 jobs in Victoria > News > ProPrint .

 

usps1- Postal officials confirm they’ll cut 26 jobs on Staten Island

via Postal officials confirm they’ll cut 26 jobs on Staten Island - SILive.com .

 

- MADISON (WKOW) — Land O’Lakes will close its butter manufacturing plant in Madison, leaving around 120 workers out of a job.

via WKOW 27: Madison, WI Breaking News, Weather and Sports -Land O’Lakes closing Madison plant, 120 jobs lost.

 

- RIVERBANK — The long-planned closure of a 66-year-old Army ammunition plant has begun, with pink slips going out to 30 of its employees.

via Layoffs begin at ammo plant - Business – The Modesto Bee.

 

- GRAMBLING, La. (AP) – Grambling State University will make about 30 personnel cuts as it responds to a scheduled 16% budget cut for the state’s next fiscal year.

via WXVT-TV Delta News – More Local News and Weather WXVT.com | Grambling planning about 30 staff cuts.

 

- Cambridge-based provider of engineering data and design software, Aveva, has announced that it will be reducing its workforce by 10 per cent amid difficult market conditions.

via Aveva staff cuts - News – The Engineer.

 

newspaper11- Officials of the union that represents about 200 Indianapolis Star staff members last night agreed to what amounts to a 12-percent pay cut this year in contract negotiations with the newspaper’s struggling parent company, Virginia-based Gannett Co. Inc.

IBJ.com – Indianapolis Business Journal – Story Detail.

 

southwest- DALLAS (AP) — Southwest Airlines Co. reported a surprisingly large loss in the first quarter due to weak traffic in the recession, and the company said it was freezing hiring and offering buyouts to employees to trim its work force.

via Southwest Airlines posts 1Q loss, plans buyouts - Yahoo! Finance.

 

- A reorganization that consumer-electronics retailer Best Buy Co. is rolling out will lead to job cuts and lower pay for thousands of Best Buy store employees, an analyst said Wednesday.

via Best Buy cuts wages, jobs in its stores - BusinessWeek.

 

newspaper12- GREENSBORO — The News & Record is cutting 25 jobs in its latest step to reduce costs resulting from the recession and its impact on advertising revenue.

via News & Record cuts 25 jobs : News-Record.com : Greensboro & the Triad’s most trusted source for local news and analysis.

 

ppg- Last November, fiberglass manufacturer PPG announced plans for a multimillion-dollar plant expansion and the addition of 120 jobs in Shelby.

Instead, now PPG is cutting 90 current positions by next month.

via Cleveland County plant cutting 90 jobs | CharlotteObserver.com.

 

- Officials of the society, the keeper of the state’s historic sites and treasures, announced this afternoon that 94 full-time and part-time employees wwould be laid off July 1, the beginning of the new fiscal year.

via Historical Society may slash jobs, hours, close 3 sites.

 

- The University of Florida will consider eliminating 748 jobs and closing several academic programs to save about $75 million if the next state budget requires cuts approaching 10 percent, university President Bernie Machen said today.

via UF considers eliminating 748 jobs, closing several academic programs — OrlandoSentinel.com.

 

hospital10- Reading Hospital plans to reduce its workforce by 3.9 percent or 250 positions through attrition and layoffs, according to a hospital news release issued this morning.

via Reading Hospital cutting 250 jobs – themorningcall.com.

 

- There have also been layoffs at Electra’s largest employer. Coming with the fire that burned down the Agriboard plant there, this is just more salt on the wound. NATCO won’t give us a number — a spokesperson only says that the layoffs amount to half a percent of its worldwide staff.

 

 

- International Layoff News -

 

- HONG KONG, April 15 (Reuters) – Japanese brokerage Nomura Holdings Inc has cut another 50 investment banking jobs in Asia, excluding Japan, sources close to the matter said on Wednesday

via UPDATE 1-Nomura cuts 50 investment banking jobs in Asia – Forbes.com.

 

- April 16 (Bloomberg) — Shinsei Bank Ltd. plans to cut “hundreds” of jobs at the consumer lending unit it bought from General Electric Co. last year as it closes branches to weather an industry contraction, the head of the division said.

via Shinsei to Cut Jobs at Former GE Japan Lending Unit (Update1) – Bloomberg.com .

 

- T-Mobile is overhauling its customer service division by cutting a UK based and outsourced call centre company, which may risk an expected 500 jobs.

via T-Mobile restructure risks call centre jobs - Mobile Today.

 

 

- Hong Kong’s biggest port operator has sacked 28 staff, and a trade union claims the company will sack a total of 80 under a plan to reduce costs by 20 percent, the South China Morning Post reported.

via Welcome to CargonewsAsia.com.

 

 – Piling and foundation engineer Roger Bullivant is to cut up to 95 more jobs and reduce employees’ pay by 10%.

via Roger Bullivant to cut pay 10% and cut up to 95 jobs - 16/04/2009 – Contract Journal.

 

- NEW DELHI: Private airline Jet Airways is restructuring its business operations that would trim its workforce and enhance efficiency.

via Jet Airways to recast ops, 390 jobs may go- Airlines / Aviation-Transportation-News By Industry-News-The Economic Times.

 

- German auto parts company Schaeffler Group KG said Thursday that it will cut 195 jobs at a French unit and end production at a plant there as it struggles with weak demand for cars.

via Schaeffler cuts 195 jobs in France - Forbes.com.

 

- The Hong Kong-based airline is requesting its staff to take unpaid leave over the course of the next 12 months, it said in a statement.

via Cathay Pac cuts capacity, staff to take unpaid leave | Industries | Industrials, Materials & Utilities | Reuters .

 

- Sputnik Communications has made three staff redundant, including MD Penny Porter, who had been in the role for just eight months.

via Sputnik cuts more staff - PRWeek UK.

 

- Struggling print and distribution group, PMP Ltd, will axe up to 67 jobs from its Victorian operations as market conditions worsen.

 

 

- Hiring News and News You Can Use -

 

- Sen. Jack Reed said, “These projects are shovel-ready and will put an estimated 150 Rhode Islanders to work upgrading runways and lighting to make these airports safer and more efficient.”

via Airport renovations mean 150 jobs | Business | projo.com | The Providence Journal .

 

-State regulators delivered a booster shot to the state’s economy this morning, approving nearly $1 billion in utility infrastructure spending that will create about 1,300 new jobs.

via State OKs $1 billion in utility projects, creating 1,300 jobs | APP.com | Asbury Park Press.

 

- Fifty-five new natural resource conservation projects in 20 states — many having to do with building and sustaining conservation initiatives on cropland — will bring up to 1,500 new jobs into the U.S. economy in the coming months, Secretary of Agriculture Tom Vilsack said Thursday morning.

 

Mike: Have a great evening and I’ll see you tomorrow.…………….

 

 

more about “The Daily Show with Jon Stewart Offic…“, posted with vodpod

 

 

 

 

Don Wright - Apr 16

Don Wright - Apr 16

 

 

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April 15 – LA school board votes to lay off 5,400 – UBS to cut 8,700 – Air France-KLM to chop 3,000 – ArcelorMittal to cut 400 Indiana workers – Hawker: More layoffs on the way – More Cisco and Yahoo layoffs?

Mike: Wednesday proved to be an active layoff announcement day, especially for a number of international firms, including UBS and Air France. US layoff announcements were also active and it appears that municipalities are finally having to disclose job cuts. Some of those cuts, such as LAs 5400 cuts will be painful to the citizens.

Tomorrow brings the all important Jobless Claims report, which is expected to show jobless claims rising slightly form last week to 658,000. They will also likely report the revised numbers from the previous week and it will be interesting to see if those numbers are revised up or down

 Don’t forget that today is the last day to file your taxes in the US! Although banks, insurance companies, hedge funds and auto makers can delay and renegotiate their government bailout terms and they can refuse to disclose how TARP funds are allocated, you need to show that you are more responsible than those corrupt institutions. If all else fails, at least file for an extension by midnight tonight. Remember, it’s easier for the IRS to drag down and audit the average taxpayer than it is for them to go against the corrupt banks and firms that have the capacity to throw expensive and talented lawyers against the overworked and underpaid IRS legal teams. While the IRS is here to serve you, you don’t want it to serve you a subpoena.

Mike: One of this blog’s readers sent the following note to me this past weekend. He personally knows the situation at NYC Health and Hospitals Corp. and wanted to share his views. It shows the more personal side of layoffs and not just the number of layoffs reported by the media:

FYI: This concerns layoffs in the NYC Health and Hospitals Corp., i.e. public hospitals. At Coney Island Hospital, for example, 4 school based psychiatric programs and a busy satellite medical clinic are being closed.  Staff that are no longer “needed,” of course, will be laid-off. The mayor uses the threat of layoff to press unions to negotiate contract reductions. Similar layoffs are threatened in the Board of Ed.  Aside from a few notices there is very little specific information being reported.

The original announcement for NYC H&H: 

hospital5- Nearly 400 jobs will be lost and community clinics that serve more than 11,000 patients will close, according to Aviles.

 

Mike: If you live in the NYC area or you just want to comment about some of the draconian cuts to NYC Health and Hospitals Corp., you can write the following people:

Alan Aviles, president of New York’s Health and Hospitals Corporation:   http://www.nyc.gov/html/mail/html/mailhhc.html

Mayor Bloomberg

You can go to  DEPUTY MAYORS AND TOP ADMINISTRATION OFFICIALS  and see a list of contacts. 

Remember, that with your input your elected and appointed officials will merely do as they please and you know that their decisions are not always based on what’s best for the community they serve………….

 

Marshall Ramsey - Apr 15

Marshall Ramsey - Apr 15

 

* Larger layoff announcements and important economic reports:
US/Canada
International:
               

- Microsoft/Google/IBM and other Rumors & News -

 

Mike: Take your pick from the Cisco stories below. If you have any additional Cisco layoff information, pass it along to The Layoff List in the comments sections or by emailing me at Mike@layofflist.org:

cisco2- Maybe not. In a note summarized by TheStreet.com, JPMorgan analyst Ehud Gelblum predicted today that Cisco could announce a 10% headcount reduction, which could save the company $900 million a year. Cisco could announce layoffs as part of its earnings report next month, another analyst told TheStreet.

via Cisco Could Cut 10% Of Staff (CSCO).

 

cisco1- Cisco Systems has dismissed predictions of a 10 per cent reduction in headcount from a JPMorgan analyst.

Ehud Gelblum has gone out on a limb and said Cisco “could” announce the 10 per cent cut and “could” save the company about $900m (£600m) a year through the move according to report by the Silicon Alley Insider. The Insider cites TheStreet.com. Let the whispering games begin.

via Cisco dismisses ‘hefty’ layoffs rumor • The Register.

 

yahoo- The exodus of some more Yahoo employees might continue as Yahoo is said to be planning on announcing another round of layoffs during its first quarter financial report on Tuesday. 

 

- General Economic News -

 

Industrial Production:

- Still, the drop in March was steeper than expected. The Federal Reserve said production at the nation’s factories, mines and utilities dropped a seasonally adjusted 1.5 percent, matching February’s decline and worse than the 1 percent decline analysts forecast.

via Industrial production drops more than expected - Yahoo! Finance.

 

MBA Purchase Applications
[Report][Bullet
7:00 AM ET

- April 15 (Bloomberg) — The number of mortgage applications in the U.S. fell last week for the first time in more than a month, indicating any stabilization in housing will be slow to materialize even as borrowing costs drop.

The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan decreased 11 percent to 1,113.2 in the week ended April 10, the lowest level in a month, from 1,250.6 the prior week. The group’s refinancing gauge and purchase measure each dropped 11 percent.

via U.S. MBA Mortgage Applications Index Fell 11 Percent Last Week - Bloomberg.com .

 

Consumer Price Index

[Report][Star]8:30 AM ET
- WASHINGTON (Reuters) — A key gauge of consumer prices fell unexpectedly in March and recorded its first annual drop since 1955, government data showed Wednesday, as slumping demand pushed down energy and food costs.

The Labor Department said its closely watched consumer price index fell 0.1%, after increasing 0.4% in February. On a year-over-year basis, consumer prices were down 0.4%, the first 12-month decline since August 1955.

via Consumer prices dip in March, post 1st annual drop since ’55 – USATODAY.com.

 

Empire State Mfg Survey:

- (CEP News) – Manufacturing activity in the New York region continued to decline, but at a slower rate than previously thought according to a survey from the New York Federal Reserve on Wednesday.

The New York Fed’s Empire State Manufacturing survey rebounded to -14.65 in April from the previous month’s record low reading of -38.23. The results are better than the consensus forecast for a -35.0 reading.

The reliability variance of the index is +/- 8.6 points. A reading above zero indicates growth in the manufacturing sector, while a negative reading indicates slowdown.

via Pace of New York Manufacturing Decline Slows Sharply in April | CEP News.

____________________________________________________________________________________________________________

 

gm2- – Autoblog reports, “As GM teeters on the brink of insolvency, it’s become clear that Saturn will get no new vehicles sourced from within GM and some dealers have decided to close up their stores. Since January 1, two dozen Saturn outlets have shuttered bringing the current total down to 394 with four more in Wisconsin due to close this week.” 

via Many Saturn Dealers Closing Shop - U.S. News Rankings and Reviews .

 

Mike: The following story shows Michigan’s deteriorating unemploymeny numbers. But what needs to be addressed is that those numbers are not the “true” unemployment numbers. When adding the other unemployed to the equation, the unemployment rate in Michigan is more likely near 17%

-  Michigan’s unemployment rate jumped to 12.6 percent in March, but job losses have slowed in recent months, good news for the hard-hit state.

Still, the rise from 12 percent in February to 12.6 percent announced Wednesday is likely to keep Michigan in the spotlight as the state with the nation’s worst unemployment rate. The national unemployment rate in March was 8.5 percent.

via Mich. unemployment rate jumps to 12.6% in March – Forbes.com.

 

 

Jack Ohman - Apr 15

Jack Ohman - Apr 15

Mike: I get a kick out of these reports, such as the one below, where they headline that something “soars,” yet when you look at the numbers it’s more bad news. It’s like the kid coming home from school with his latest report card and he goes, “Mom, my report card numbers soared!” After further investigation, the score soared from 9 to 14 in the scale of 50 being passing. While 14 is better than 9, soaring is a bit of an overstatement. Improved, increased, or rose might be more appropriate. While exploded upward, skyrocketed, or soared is misleading.

 – LOS ANGELES (AP) — The National Association of Home Builders says its housing market index posted its biggest one-month jump in five years in April as many homebuyers seized on lower prices and incentives.

While still near historically low levels, the Washington-based trade association said Wednesday the index rose five points to 14, it’s highest reading since October.

Index readings lower than 50 indicate negative sentiment about the market.

via Homebuilder sentiment index soars 5 points - Yahoo! Finance.

 

 

- Government Layoff News -

 

Mike: Government departments and agencies are starting to cut the jobs that they had to in order to balance their budgets. The stimulus package will eliminate some job loss, especially at schools, but most states and cities will be cutting jobs, and with that, services

 

- LOS ANGELES – The Los Angeles Board of Education has voted to lay off as many as 5,400 teachers and support personnel for the upcoming school year.

The vote came Tuesday as employees protested raucously outside the meeting. The board had voted hours earlier to save the jobs of 1,996 elementary school teachers using federal stimulus funds.

via LA school board votes to lay off 5,400 employees.

 

- The Enlarged City School District of Troy plans to remove a total 62.8 fulltime equivalent positions by the end of its fiscal year to balance a proposed $95.11 million budget, which the public will vote on in May.

via Exclusive Troy schools to lay off 60 plus - The Record News: Serving Troy and its surrounding communities (Troyrecord.com).

 

- The Clark County Superintendent calls it a “sad day” for the school district. Tuesday, trustees approved massive budget cuts that call for the elimination of about 850 full and part time positions.

via Las Vegas Now | CCSD Trustees Pass Budget with 850 Job Cuts.

 

- The Utah Department of Corrections will eliminate as many as 160 full-time jobs — more than 6 percent of its work force — by July 1.

via Corrections to cut 6 percent of jobs – Salt Lake Tribune .

 

- Governor Deval Patrick cut an additional 750 jobs from state government yesterday and said he will furlough 5,000 executive branch employees for up to five days, a response to relentlessly plunging state revenues that have forced the governor to make an unprecedented series of spending reductions.

via Patrick cuts another 750 jobs, orders furloughs – The Boston Globe.

 

- On Monday, the Kaneland Community Unit School District 302 Board of Education voted to eliminate 11 teacher assistant positions in the district.

via The Chronicle | Kaneland cuts 11 teacher aide jobs.

 

- SOUTHFIELD — Facing declining enrollment and rising costs, Southfield Public Schools expects to lay off some 150 employees before the 2009-2010 school year, according to Ken Siver, deputy superintendent for the district.

via 150 to be laid off from Southfield Public Schools.

 

- Four South Redford teachers will be told they will be laid off for the 2009-10 school year as part of a budget reduction program to deal with an anticipated $1,185,759 budget shortfall.

via South Redford lays off 4 teachers | hometownlife.com | the Observer & Eccentric Newspapers, Mirror Newspapers and Hometown Weeklies.

 

- BATON ROUGE (AP) — The Louisiana Department of Revenue is laying off 29 workers, but not until after tax day.

via La. tax agency laying off 29 | theadvertiser.com | The Advertiser.

 

- BOULDER, Colo. — In response to a recession that has hit medical providers across the country, Boulder Community Hospital is cutting expenses and hoping voluntary staff departures will help it avoid layoffs while maintaining top-notch care.

via Boulder Community Hospital facing hiring freeze, cuts : County News : Boulder Daily Camera.

 

- By a 4-2 vote, the City Council agreed to lay off the remainder of its already downsized staff, saying development was not generating enough fees to support it.

via Petaluma council cuts city planners | Petaluma360.com | Petaluma Argus-Courier | Petaluma, CA.

 

Mike: More people out of work equals more crime, but cities don’t seem to get the connection. Layoff some administrators or contractors for a couple years, but keep the police and protective services intact – you will need them

- KANSAS CITY, Mo. (AP) — A broadcast report says cuts to the Kansas City budget could take as many as 100 police officers off the street.

 

 

- US and some Canada Layoff News -

 

university-of-washington- The University of Washington will eliminate about 1,000 employee positions — including a yet-to-be-determined number of layoffs — by the beginning of May, the school’s president said Tuesday.

via UW to eliminate about 1,000 jobs by May 1.

 

arcelormittal3- PITTSBURGH (AP) — ArcelorMittal SA, the world’s largest steel maker, plans to idle a plant in Indiana and lay off about 400 workers due to global economic turmoil that has dampened demand for the metal.

 

newspaper10- The Chronicle has reached a tentative agreement with a major union that could allow for the elimination of more than 80 driver positions as part of the newspaper’s campaign to cut costs in order to stay afloat.

via Chronicle, Teamsters agree on job cuts.

 

- The company said it eliminated about 10 percent of its jobs, placed some workers on short weeks, and cut down on spending to cope with challenging economic conditions. It is also looking to end some supply chain contracts it signed late last year.

At the end of 2008, Lufkin employed about 3,000 people.

via Lufkin says 1Q profit dropped, makes job cuts - Forbes.com.

 

- MOORESVILLE — UST Inc., which was bought by Altria Group Inc. in January, said yesterday that it was eliminating 74 jobs at its operations at 124 Bandit Lane in Mooresville.

via UST plans to cut 74 jobs at its plant in Mooresville.

 

- The company also said it cut 25 jobs in recent weeks, in addition to reducing its worldwide headcount by 17 percent to about 285 employees at the end of last year.

via UPDATE 1-Cynosure sees Q1 loss, cuts 25 jobs | Industries | Healthcare | Reuters .

 

- Russell Athletic, once a dominant Alabama company and a huge employer, has said it plans to close an Alexander City plant and eliminate the 250 jobs there.

via Russell Athletic will shut Alex City plant with 250 workers - Business News from The Birmingham News – al.com.

 

- Reed Business Information is to cut 7% of workforce, including around 15 staff at Variety magazine, a week after long-time editor Peter Bart was moved aside after 20 years running the venerable Hollywood trade title.

via Variety to lose 15 jobs as Reed Business Information cuts 7% of staff | Media | guardian.co.uk .

 

- HERNANDO – Kawneer officials said Tuesday that 250 employees at the Kawneer aluminum manufacturing facility in Hernando will lose their jobs when the plant closes in June.

via Desoto Times Tribune > Archives > News > Kawneer to close; 250 to lose jobs.

 

- SHELBY — Bernhardt Furniture said Monday that it plans to close a plant in Shelby by June 12, cutting more than 100 jobs, unless there is a dramatic change in furniture sales.

via Bernhardt Furniture to close plant in Shelby, cut 100 jobs.

 

- POCATELLO, Idaho — Administrators at Idaho State University plan to lay off 73 employees because of a $17 million shortfall expected during the next fiscal year.

via ISU to lay off 73 workers to help shore up budget | Idaho | Idaho Statesman .

 

- All 31 University employees who were scheduled to be laid off by June 30 have now been informed of their termination, according to an e-mail sent by top administrators to faculty and staff Tuesday morning.

via The Brown Daily Herald – Layoffs of 31 U. employees made official.

 

beech1- WICHITA – Hawker Beechcraft’s new chairman and CEO told employees Tuesday that more layoffs are in store as the planemaker reduces its production rates this year and next.

Bill Boisture, who replaced Jim Schuster last month, said in a memo that work force reductions will extend across all levels of the company and will occur in stages throughout the year.

via Hawker: More layoffs coming | Aviation | Wichita Eagle.

 

- About 50 people lost their jobs this month at Gentex Corp., a company spokesman said. The Simpson contractor has laid off about 100 employees since the beginning of the year.

via Gentex expands layoffs | Business | citizensvoice.com | The Citizens’ Voice .

 

gavel9- The latest law firm layoff announcement hit five offices of Seattle-based Perkins Coie this week with the cut of a dozen associates and 26 nonlawyer staffers.

via Law.com - Perkins Coie Cuts 12 Associates, 26 Staffers .

 

-Ingersoll-Rand has laid off another 25 employees at the Southern Pines plant, again attributing the move to the economic slump.

via ThePilot.com : Ingersoll-Rand Lays Off 25.

 

- A company spokesman has confirmed that Finning Canada, headquartered in Edmonton, will lose jobs as part of 170 total layoffs in Western Canada.

via Finning Canada to lay off 170 Western Canadian workers – Daily Commercial News.

 

hospital7- SPOKANE, Wash. — Deaconess Medical Center in Spokane will eliminate about 90 jobs, adding to what is already the highest unemployment rate in Spokane County in years.

via Spokane hospital announces 90 job cuts.

 

- CHARLESTON, W.Va. — A Raleigh County electronics manufacturing plant is closing at the end of the month, leaving about 40 employees without jobs, a company official said this week.

via The Charleston Gazette – West Virginia News and Sports – Business – Raleigh Co. electronics plant to close .

 

- LINCOLN, Neb. (AP) – A Texas-based company will be closing its Meadow Gold dairy plant in Lincoln, costing about 60 people their jobs

via Dairy plant closing | dairy, plant, dean – NOW – Odessa American Online.

 

harvard- CAMBRIDGE – Harvard University’s Faculty of Arts and Sciences faces a projected recurring annual deficit of $220 million within two years if it does not cut spending substantially and reshape its academic ambitions, Michael D. Smith, the group’s dean, warned yesterday.

via Harvard dean of Arts and Sciences details need for spending cuts - The Boston Globe.

 

- The move will mean closing the company’s current headquarters on Soldiers Field Road in Boston and reducing the company’s staff by 12 to 15 employees.

via Mascoma to Cut Staff, Leave Boston | Xconomy.

 

- In reports the carriers file with the Surface Transportation Board, the railroads said that as of mid-month they employed 156,997 workers, down 2,500 or 1.58 percent from a month earlier. That was also 6,100 workers fewer than at the same point in 2008, for a 3.74 percent year-over-year drop.

via Big Rails Cut More Workers | Journal of Commerce.

 

- More than 130 workers at Ecolab in Licking County recently learned that they will soon be out of jobs.

via The Columbus Dispatch : 131 to lose jobs as Ecolab closes Hebron plant.

 

hospital8- St. Edward Mercy Health System announced Wednesday (April 15) that 64 full-time

jobs will be cut immediately. Hospital officials said a “vast majority” of the jobs cut were non-direct care givers.

via St. Edward cuts 64 jobs | The City Wire .

 

- BUFFALO LAKE, MN — A high level of arsenic in the well water of a beef slaughtering facility here has forced the plant to close, costing more than 200 workers their jobs, according to an April 15 Star Tribune article.

via Water Technology Online :: Brought to you by Grand View Media.

 

- EDMONTON — Petro-Canada is chopping 200 staff from its oilsands operations, mostly in Calgary and Fort McMurray.

 

 

- International Layoff News -

 

ubs3- Switzerland’s biggest bank, UBS, has said it will seek to cut costs by shedding 8,700 jobs by next year.

via BBC NEWS | Business | Swiss bank UBS to cut 8,700 jobs.

 

 

air-france-klm-Air France-KLM has said it plans to cut between 2,500 and 3,000 jobs over the next two years.

via BBC NEWS | Business | Air France-KLM to cut 3,000 jobs.

 

- Atkins spent about £10 million on 1,200 staff redundancies in the last quarter of the financial year, the firm revealed today.

 

- The company has begun consultation with employees at the Rugby plant over making up to six redundancies out of a total of 120 employees.

via Rapak Europe plans small number of redundancies | Business | packagingnews.co.uk.

 

wal-mart- Wal-Mart, the world’s largest retailer, yesterday launched a job optimization and regrouping program to reduce labor costs in China.

Under the program, the company plans to relocate some of the mid-management staff at its stores to similar posts in the new stores that are being opened in China.

via Wal-Mart rejigs jobs in China.

 

- HONG KONG, April 15 (Reuters) – Japanese brokerage Nomura Holdings Inc (8604.T) has cut another 50 investment banking jobs in Asia, excluding Japan, sources close to the matter said on Wednesday

via UPDATE 1-Nomura cuts 50 investment banking jobs in Asia | Deals | Private Capital | Reuters .

 

- BRUSSELS (AFP) — US aluminium maker Aleris, in bankruptcy protection since February, has informed unions of plans to cut 770 out of 1,500 jobs at a plant in northern Belgium, local media reported Wednesday.

via AFP: US aluminium maker Aleris to cut jobs in Belgium.

 

- Xilinx, a Dublin-based technology firm, is to make more than a quarter of its workforce redundant over the next nine months due to the outsourcing of some operations from Ireland.

via Xilinx to let go 130 employees – The Irish Times - Wed, Apr 15, 2009.

 

- THE communications union says 2000 jobs may be lost from Telstra before the end of June as the company steps up redundancies ahead of chief executive Sol Trujillo’s departure.

via Telstra unions 2000 jobs may be lost | Herald Sun.

 

- On Monday Viking Window laid off 18 production workers, Postimees.ee cites Kuma Raadio.

via balticbusinessnews.com – Viking Window laid off 18 people .

 

Johns Manville Slovakia, a producer of glass fibre, will probably lay off 56 more employees from its plant in Trnava.

via Radio Slovakia International.

 

- Trowers & Hamlins has made a third round of job cuts since the start of the year, with 17 fee earners and support staff laid off from the firm’s London office.

via Trowers cuts continue with 17 laid off in London - Legal Week, legal news, comment, events and legal jobs.

 

- VIENNA, April 15 (Reuters) – Austrian steelmaker Voestalpine (VOES.VI) said on Wednesday it will cut working hours for thousands more of its staff as the global downturn cripples demand for steel.

via Steelmaker Voestalpine cuts hours for 2,700 workers | Industries | Industrials, Materials & Utilities | Reuters .

 

- CEBU CITY, Philippines – About 30 more workers of the Sauna World Philippines Inc. (Sawo) are expected to lose their jobs before the month ends.

via Sawo to cut 30 more jobs by end-April - INQUIRER.net, Philippine News for Filipinos.

 

- BUDAPEST, April 15 (Reuters) – Hungarian steel maker Dunaferr, one of Hungary’s biggest employers, said on Wednesday it would lay off 400 workers and offer early retirement to several hundred more to survive the financial crisis.

via Hungary’s Dunaferr to cut hundreds of jobs By Reuters

 

- IN A further economic blow for Kerry it has been announced that car component manufacturer Beru is seeking 20 voluntary redundancies at its Tralee plant.

 

- Hiring News and News You Can Use -

 

- The top of the complete ranking–which, for ease, we have broken down into the two smaller lists, of the best big and small cities for jobs–is dominated by one state: Texas. The Lone Star State may have lost a powerful advocate in Washington, but it’s home to a remarkable eight of the top 20 cities on our list–including No. 1-ranked Odessa, a small city in the state’s northwestern region. Further, the top five large metropolitan areas for job growth–Austin, Houston, San Antonio, Ft. Worth and Dallas–are all in Texas’ “urban triangle.”

via Where are the Best Cities for Job Growth? | Newgeography.com .

 

- More than 2 dozen new jobs are headed to central Nebraska. Governor Heineman Tuesday awarded a $406,000 grant to Covenant Doors and Millwork Incorporated in Central City.

 

Tomorrow brings the all important Jobless Claims report, which is expected to show jobless claims rising slightly form last week to 658,000. Till then.…………………

 

 

 Henry Payne - Apr 15

 

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April 14 – BFGoodrich closing plant that employs 1,000 – Qantas Air to cut 1750 – 500 to go: Discover Financial – Hallmark sends bad news to 550-750 – Deere to chop 200 more

Mike: Hello to all and thanks for visiting. The Layoff List this Tuesday. A busy Tuesday afternoon for layoffs and economic reports. 
-
Mike: While the following story (Nurse called out of surgery and laid off) is one of those sensational stories that the news media loves to blast, it is amazing that the person who laid off the nurse wasn’t laid off! The nurse was likely qualified to do her job, but the bozo that pulled her from surgery sure isn’t qualified to do their job. It’s another one of those instances where the productive worker gets laid off while the clueless remain on the job. After all, the clueless aren’t about to lay off the clueless, since the clueless pose no threat to their positions.  
The conversation may have gone like this:
-
Clueless Manager: Opens operating room door and demands “Doctor, have Nurse Jones come out into the hall immediately, so I can give her some information.” Doctor: We’re just about to stitch this guy up, so can’t that information wait until the surgery is completed? Clueless Manager: No, I’m sorry, doctor, but this is vital information that can’t wait until your patient is stitched back together. Send her out here now, or I’ll have you written up for insubordination!. Doctor: Nurse Jones, stop looking at this guy’s vital signs. No, don’t worry about the intravenous tubes, just get out into the hall and see what Clueless Manager wants. Clueless Manager: Nurse, I have to tell you that you are laid off. Sorry I had to tell you now, but I need to go to lunch and I didn’t have time to wait for you to finish your surgery shift. Thank you. Goodbye. Oh, by the way, I’m going to Guido’s Italian for lunch. Is their veal french better than their chicken parm?

MADISON, Wis. - A Dean Health System nurse was called out of surgery so a manager could tell her she was being laid off.

Dean Health says the surgery was minor and the patient wasn’t affected, but the manager who summoned the nurse from surgery violated medical protocol.

via Nurse called out of surgery and laid off -- chicagotribune.com.

 

 

 

Marshall Ramsey - Apr 14

Marshall Ramsey - Apr 14

 

* Larger layoff announcements and important economic reports:
US/Canada
International:
     

 

                         

- Microsoft/Google/IBM and other Rumors & News -

 

msft3- Microsoft will offer 30,000 vouchers for free software training to help people in Washington get learn how to use Microsoft software.

- General Economic News -

 

- President Barack Obama on Tuesday told Americans to brace for “more job loss, more foreclosures, and more pain” in 2009, saying the recession isn’t over yet despite some early promise from the government’s massive spending on bailouts and economic stimulus.

 

- WASHINGTON (Reuters) – Confidence among U.S. small businesses was stuck at 35-year lows in March, with employers stepping up layoffs even as the recession-hit economy shows some signs of improving, according to a survey.

The National Federation of Independent Business (NFIB) said in a survey released on Tuesday that its index of small business optimism fell 1.6 points to 81.0 from February, the second-lowest reading in the organization’s 35-year history.

via Small business sentiment stays gloomy in March - Yahoo! Finance.

 

- The employees left the 370-strong division because they were fed up with being the target of popular anger. In some cases, children were harassed and clubs asked AIG staff to leave, according to the boss of the financial products arm, Gerry Pasciucco. “It doesn’t surprise me that some senior people said ‘you know what, I’ve had enough’,” said Pasciucco in an interview with the Wall Street Journal.

via Bonus backlash drives AIG staff out of jobs | Business | guardian.co.uk .

 

 

Tom Toles - Apr 14

Tom Toles - Apr 14

 

 – Using that methodology, Citigroup Inc CEO Vikram Pandit made $38 million in 2008, compared with the roughly $11 million reported in the company’s compensation section in U.S. Securities and Exchange Commission filings.

Citigroup collected $45 billion in government bailout funds in 2008.

via More CEOs got pay hikes than cuts in ’08 - Yahoo! Finance.

 

_________________________________________________________________________________________________________

 

TABLE-US chain store sales rise 0.8 pct last week-ICSC

via TABLE-US chain store sales rise 0.8 pct last week-ICSC | Reuters .

 

Producer Price Index,  Retail Sales:   April 14 (Bloomberg) — Retail sales in the U.S. unexpectedly dropped in March for the first time in three months, raising concern the biggest part of the economy may falter once again heading into the second quarter.
- WASHINGTON (AP) — Businesses slashed their inventories for a sixth straight month in February as they tried to cope with a steep recession.

The Commerce Department said Tuesday that business inventories dropped 1.3 percent in February, matching the January decline and close to the 1.2 percent fall that economists had expected.

via The Associated Press: Business inventories fall 1.3 percent in February.

 

- Government Layoff News -

 

- Mayor Alvin Parks Jr. said Monday the city must cut 20 to 23 jobs as part of an effort to address a $2 million deficit.

via East St. Louis must cut up to 23 jobs - Metro-east news – Belleville News-Democrat.

 

- MANATEE COUNTY – About 75 one-year contract teachers and teaching assistants will be looking for work this summer because their contracts were not renewed by the Manatee County School District.

via Manatee to cut 75 teaching jobs | HeraldTribune.com | Sarasota Florida | Southwest Florida’s Information Leader.

 

- BLOOMINGTON – Bloomington’s budget is approved with a 6 to 3 vote, but with the approval comes job cuts for city workers. Bloomington City Manager David Hales says 40 to 60 city workers will be laid off in order to help balance the budget.

via Bloomington Passes Budget, Cuts Jobs.

 

- The Bridgewater-Raynham Regional School Committee unanimously approved a budget Monday night that will result in 66 pink slips being issued June 15.

via Bridgewater-Raynham regional school budget approved; 66 staffers to be laid off - Brockton, MA – The Enterprise.

 

- The college cut will 70 jobs, phase out its nursing program over several years and suspend admissions to several graduate education courses in the coming semester to make up for a $6 million budget shortfall under the state’s new budget.

via SUNY to cut jobs, programs - recordonline.com – The Times Herald Record.

 

- Administrators say the district will have to eliminate more than 200 teachers, custodians and campus supervisors in order to offset a 15-million dollar budget deficit.

 

- US and some Canada Layoff News -

 

- Michelin North America said Monday it will permanently close its BFGoodrich Tire plant in east Alabama because of declining demand, a move that will cost about 1,000 jobs.

via BFGoodrich closing Ala. plant that employs 1,000 – Forbes.com.

 

discover-financial- NEW YORK (Reuters) – Discover Financial Services (DFS.N), the fourth-largest U.S. credit card network, will cut 500 jobs, or 4 percent of its workforce, in May, hurt by mounting credit losses, the company said on Tuesday.

via Discover Financial to cut 500 jobs in May | Reuters .

 

hallmark- KANSAS CITY, Mo. (AP) — Hallmark Cards Inc. on Tuesday said it will cut its U.S. work force by up to 8 percent as the nation’s largest greeting card-maker struggles with falling sales.

The Kansas City-based company told employees it will lay off between 550 and 750 of its 9,200 full-time U.S. employees over the next six months.

via Hallmark cutting up to 8 percent of US work force - Yahoo! Finance.

 

- Ply Gem Industries said it will shutter most operations at its Kearney, Mo., vinyl siding plant, eliminating 146 jobs by early June.

 

- – MARION — Tegrant Corp., a manufacturing plant that employs about 50 people will close, said Al Herold, operations manager.

via Marion Tegrant plant to close | marionstar.com | The Marion Star.

 

- The plant now employs only 38 production workers. But as Zollner Piston, the company employed more than 1,200 in its heyday and was the namesake of the Fort Wayne Pistons basketball team that later became the Detroit Pistons.

via .End of an era: Piston plant closing

 

hockey- About 20 people were laid off by Lightning owner OK Hockey, including Matt Hitchcock, who played ThunderBug. That brings the number of layoffs this year to about 27. Not hugely surprising given the state of the economy, but noteworthy nonetheless.

via Some layoffs at OK Hockey, including ThunderBug .

 

- As part of a widespread and deep cost-cutting effort, ArvinMeritor Inc. laid off 250 people in February and March, including 100 at the company’s light-vehicle business.

via Business briefs: ArvinMeritor cuts 250 jobs | Freep.com | Detroit Free Press.

 

-The Homac Cos., which manufactures electrical connectors at two Ormond Beach plants, plans to lay off another 54 workers by June 5.

via Business & Technology – newsjournalonline.com.

 

- Brenda Stenta, Essar Steel Algoma Inc.’s manager of corporate communications, says the number of employees on indefinite layoff, as of Sunday, had reached 600 — an increase of about 100 layoffs from the previous week.

via 100 more laid off at Essar - The Sault Star – Ontario, CA .

 

deere2- MOLINE, Ill. (AP) — Deere & Co. plans to combine its agricultural equipment division and its commercial and consumer equipment unit, resulting in the elimination of about 200 salaried jobs.

via The Associated Press: Deere to combine divisions, cut 200 jobs.

 

- A subsidiary of Gardner Denver Inc., a manufacturer of industrial equipment, will consolidate one of its divisions in Monroe, a move that will quadruple the number of jobs the company has in the Louisiana city.

via Gardner Denver subsidiary to consolidate work in Monroe - New Orleans Local & Small Business News – NOLA.com .

 

- Canada-based Quebecor World Inc. has notified state officials that the commercial printing company is closing its Memphis facility and as many as 111 workers will lose their jobs. The facility is at 828 E. Holmes Road.

via Memphis Daily News – Quebecor to Slash Up to 111 Jobs .

 

- The privately owned firm, which says it has about $100 million in annual revenue, eliminated 50 of the company’s 350 jobs. The laid-off workers were primarily in marketing, said Mike Hoch, vice president for marketing.

via Xiotech lays off 50 people as recession slows business.

 

newspaper9- The implosion of one of America’s leading regional dailies continued Monday with the revelation that The Chicago Tribune will cut its newsroom staff by 20%, or roughly 90 employees, over the next couple of weeks.

via MediaPost Publications ‘Chicago Tribune’ To Cut 20% Of Newsroom 04/14/2009.

 

hospital6- North Country Health Services announced it will extend wage reductions to its approximately 170 non-union staff members. These individuals will receive a 4 percent cut in pay effective early May 2009.

via North Country Health Services extending pay cuts to Additional Staff |  Bemidji Pioneer  | Bemidji, Minnesota .

 

- SHAWNEE — Superior Fibers LLC in Shawnee went into a “curtailment” with about 40 employees losing their jobs.

via Superior Fibers closes in Shawnee; 40 lose jobs | zanesvilletimesrecorder.com | Zanesville Times Recorder.

 

soapstone-networks- April 14 (Reuters) – Telecom equipment maker Soapstone Networks Inc (SOAP.O) said it is slashing about 40 percent of its workforce to cut expenses.

via UPDATE 1-Soapstone Networks cuts 40 pct of jobs | Industries | Technology, Media & Telecommunications | Reuters .

 

- Raven Industries, Inc. (RAVN: News ) said on Tuesday that over the past two weeks, it has reduced staffing levels by 29 employees in its Applied Technology Division, located in Sioux Falls. This cut represents 4% of the company’s Sioux Falls employee base and 3% of its total base.

 

- International Layoff News -

 

qantas1- Qantas will cut 500 managers and may axe 1250 other staff as its profits come under pressure from the financial crisis.

 

qantas- TOKYO (MarketWatch) — Qantas Airways said Tuesday it is cutting its fiscal 2009 earnings expectation by as much as 80% and plans to lower its flying capacity, reduce spending and eliminate up to 1,750 jobs in response to a major slump across the air travel industry.

via Qantas slashes profit estimate, plans mass job cuts – MarketWatch .

 

ubs2- SINGAPORE (AFP) — Switzerland’s biggest bank UBS said that 240 jobs will be cut from its wealth management division in the Asia-Pacific region as part of a cost reduction exercise.

via AFP: UBS to cut 240 jobs in Asia-Pacific: bank

 

- SOUTH Africa’s largest textile and clothing group, Seardel, has announced what could be only the first round of retrenchments at the company, which will leave 1400 workers without jobs.

 

- April 14 (Reuters) – Philippines-focused nickel miner Toledo Mining Corp Plc (TMC.L) said on Tuesday it stopped all capital expenditure beyond necessary maintenance during the quarter ended March 31 and cut more than 600 jobs at its Berong nickel mine.

via UPDATE 1-Toledo Mining reduces capex; cuts jobs at Berong mine | Industries | Industrials, Materials & Utilities | Reuters .

 

- Finnish wood-processing group UPM-Kymmene said in a statement Tuesday it had decided to end plywood processing operations at its Lahti mill in southern Finland with the loss of some 110 jobs.

via NewsRoom Finland.

 

renishaw- Some 440 jobs are being cut worldwide by Gloucestershire-based engineering group Renishaw, it has been announced.

 

- April 14 (Bloomberg) — Qimonda AG’s Portuguese unit, which last month filed a declaration of insolvency, said it’s reducing its workforce to 1,000 and suspending the contracts of 800 of the remaining employees for six months.

via Qimonda Portugal to Lay Off 800 Workers, Cut Temporary Jobs – Bloomberg.com .

 

- LIHIR Gold has announced 200 job cuts at its Ballarat mining operation.

via 200 jobs go at Lihir Gold – Local News – News – General – The Courier .

 

- HELSINKI, April 14 (Reuters) – Finnish papermaker UPM-Kymmene (UPM1V.HE) said on Tuesday it would cut 110 jobs and temporarily lay off 320 more staff due to “further weakened” plywood market conditions.

via UPM to says to cut Finnish plywood jobs | Global Industries | Autos & Transport | Reuters .

 

- General manager Sam Lee said rumours Snow Park, in the Cardrona Valley near Wanaka, would not open this season were false, but the business would be scaled back after visitor numbers dropped 30 per cent last season.

 

- Hiring News and News You Can Use -

 

- DRS Technical Services will receive approximately $1.2 million in state grants if the defense contractor is able to create 100 new jobs in Pasquotank County and then keep them for nine years, state officials announced Monday.

via DRS to create 100 jobs, get $1M – News | DailyAdvance.com .

 

- The Arizona Department of Transportation reported that all 41 state highway projects paid for with money from President Barack Obama’s stimulus package will generate an estimated 6,020 jobs. The five projects in Maricopa County will generate 2,180 direct jobs, ADOT says.

via Stimulus construction jobs coming, but slowly.

 

- LANSING, Mich. (WXYZ) – New tax credits for battery makers have brought four companies to Michigan, with a combined investment of more than $1.7 billion.

Four projects have been approved by the Michigan Economic Growth Authority. One is contingent on another tax credit being passed by Michigan’s Legislature. Those projects will create more than 6,600 jobs in the state. The batteries produced will be used in next generation electric and hybrid vehicles.

via Battery Tax Credits Bring 6,600 Jobs to MI || WXYZ.com | WXYZ-TV / Detroit | Detroit News, Weather, Sports and More .

 

- In preparation for its peak season, which generally runs from Memorial Day Weekend through Labor Day Weekend, Sunriver Resort is planning to hire as many as 250 seasonal employees and has eliminated the international hiring program it relied on to fill as many as 85 seasonal jobs a year since 2006.

via KTVZ.com Central Oregons News, Weather and Sports Leader – Sunriver Resort to hire up to 250 seasonal workers.

 

- HOLLAND – Johnson Controls, the Holland area’s largest employer, will invest $220-million in a new lithium ion battery facility here, bringing 500 new jobs. The plant should be open in 18 to 24 months, pending state and federal approvals.

 

Mike: The layoff announcements picked up in the afternoon. I hope you allhave a good evening. Till Wednesday………………..

 

more about “The Word – Morally Bankrupt | April 7…“, posted with vodpod

 

 

 

Dilbert - Apr 13

Dilbert - Apr 13

 

To view a wide variety of blogs, pay a visit to: http://aphainventions.com

 

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April 10, 11, 12 – Johnson and Johnson cutting 900 – Beneteau confirms 600 job cuts – Viking Yacht sinks jobs of 600 – UKs BT to slash another 10,000

Mike: Thanks for visiting The Layoff List on this Easter weekend. The post will be rather short, since there is little in the way of layoff news and economic reports this day

Let me start with some news from Thursday (revised for clarity from an earlier post):

Yesterday brought some slight improvement to the Jobless Claims number and along with a better than expected earnings number from Wells Fargo, the pundits were again trumpeting that the worst is over. A slight improvement in the Jobless Claims  report is good news, but  I’ll wait for a little more proof before singing “happy days are here again.” Here is my point,  so I don’t sound like a doomsayer:

Banks are trumpeting the fact that home refinancing and new home mortgages are booming due to lower interest rates. With banks getting federal money at 0% interest, they can offer decent mortgage interest rates to the consumer, which is good, especially for refinancing. Paying less for a mortgage puts more money in your pocket for other needs and wants. But buying a new home at these lower rates may not be the great deal it appears to be on the face of it. First I’ll post the good news:

 

Adding to the optimism, Bank of America Corp., written off as a “zombie bank” not so long ago, said it, too, will have good news to report. CEO Kenneth Lewis said his bank’s mortgage business, especially including new home purchases, “is on fire.” Wells Fargo said much the same thing, only more soberly. One-quarter of its new mortgages, according to its statement, were from home purchases rather than refinancings.

“This is certainly encouraging for the industry,” says Joe Morford, a bank analyst with RBC Capital Markets in San Francisco.

via Finally, economic optimism, thanks to Wells.

 

Ok, so that’s good news, but if you listen to Meredith Whitney you may gather that buying a new home now will cost you later. Ms. Whitney has been one of the few pundits that have accurately called the financial crises to this point, so I’ll continue to follow her advice until she’s proved wrong:

She also said she expected home prices to fall another 30 percent, contrary to some predictions that housing may have bottomed.

“Home prices cannot bottom while liquidity is still contracting from the economy,” she said. She did say that large banks should benefit from low mortgage rates and refinancing.

via Whitney: Banks Profits To Be Better In First Quarter - Markets * US * News * Story – CNBC.com.

The following video present Ms. Whitney’s view on a number of important financial matters, including housing. A housing rebound won’t be possible without a jobs rebound:

more about “Whitney: Banks Profits To Be Better I…“, posted with vodpod:

 

So although the worst may be over for the banks and mortgage rates are attractive, the economy is not currently creating the jobs necessary to sustain a full and vibrant recovery. Once this blog’s title changes to The Hiring List, I’ll feel comfortable saying the worst is behind us :)

 

Steve Breen - Apr 10

Steve Breen - Apr 10

 

 

* Larger layoff announcements and important economic reports:
US/Canada
International:
                   

- Microsoft/Google/IBM and other Rumors & News -

 

- It’s not like we didn’t see this one coming: Microsoft and Google are apparently chomping at the bit in an attempt to make a search-advertising deal with Twitter, AllThingsD reported Thursday.

“Many think Twitter’s real-time search of its 140-character ‘tweets’ posted by users on the service will become the next great battlefield in search,” AllThingsD’s Kara Swisher wrote. Indeed, Twitter’s search has been front and center since it acquired third-party search app Summize and integrated it into its own site. “Google currently dominates the general search market, with third-place Microsoft struggling to get more share.”

via Report: Microsoft, Google sparring over Twitter? | The Social – CNET News.

 

- This year, the unpalatable economy has piled Kwoka’s plate with more cancellations than customers. Four large corporations that in past years hired Kwoka to prepare private meals have backed out, leaving him with a single company to cook for, not enough to justify hiring the usual 30 extra workers. Kwoka estimates the cancellations cost him more than $70,000, and the temporary staff are missing out on big money, too.

 

- General Economic News -

 

- Chicago – U.S. technology firms announced plans to cut 84,217 positions during the first quarter, the largest quarterly job-cut tally for the sector since 2002, according to a new report from outplacement firm Challenger, Gray & Christmas.

Tech sector job cuts were nearly five times higher than the 17,345 cuts announced during the same period a year ago.

via U.S. Tech Firms Announce Most Quarterly Job Cuts Since ’02 | Digital Media Wire.

 

- Manchester, NH (AHN) – A statewide job fair in a New Hampshire university was cut short Thursday after 10,000 job seekers overwhelmed organizers and traffic backed up for miles from the school’s jam-packed parking lot.

 

- SALT LAKE CITY — The 4th Street Clinic says it’s being forced to cut health care programs for the homeless in the Salt Lake Valley. Now those who run the clinic are scrambling to catch patients before they fall through the cracks.

The reason for the cuts is not a surprise: fewer donations due to the bad economy. What is surprising is how many people benefited from the programs.

via ksl.com – Fewer donations forces cutbacks at clinic for homeless .

 

- More Americans 55 and older are working longer, and those who are looking for jobs face a technologically transformed market where potential employers may deem them overqualified.

Mike: If the government is looking to create high tech jobs, here’s the perfect reason to do so quickly:

- SAN JOSE, CALIF. – Cyber-spies hacked into the U.S. electric grid and left behind computer programs that would let them disrupt service, exposing potentially catastrophic vulnerabilities in the national infrastructure, a former U.S. government official said Wednesday.

via Spies infiltrate U.S. electrical grid, leaving behind fear.

 

- More than $56 million in annual payroll income – directly supporting the Southern Tier’s housing market, tax base and businesses – could vanish on the shifting political winds of Washington.

 

- Government Layoff News -

 

Mike: I’m continually astonished by the number of schools that now require a police presence in order to conduct daily activities peacefully and securely. Another fine example of how the inmates are running the asylum.

- For hours, board members questioned the wisdom of spending millions of dollars on his initiatives, including a school police force, while cutting 340 employees, more than 200 of them custodial workers.

In the end, the board approved by a 7-2 vote the $875 million budget Cash recommended, including $20 million in new or continuing programs, leaving Cash with the impression that while he won this battle, there are others ahead.

via Memphis school board OK’s $875 million budget that cuts 340 jobs : Local News : Memphis Commercial Appeal.

 

- The Marana Unified School District governing board voted Thursday to cut 133 teaching, administrative and support positions in response to anticipated funding cuts.

via 133 slated to lose jobs as Marana district cuts back | www.azstarnet.com ®.

 

- PADUCAH, KY (KFVS) – The city of Paducah announces it’s laying off 14 people.

via The Official KFVS12 and Heartland News Web Site | City of Paducah announces 14 layoffs.

 

- Like we first reported, the City of Hoboken is carrying through with their planned layoffs of just under ten percent of the city’s municipal workforce, including cuts which will lay off police officers and City Hall workers.

A total of 21 layoffs and 20 demotions are scheduled to occur in the next few months, said Hoboken Corporation Counsel Steve Kleinman today.

via “Significant” layoffs for Hoboken police, fire and city workers - Hoboken Now – NJ.com .

 

- US and some Canada Layoff News -

 

johnson-and-johnson- NEW YORK (AP) — Diversified health care products company Johnson & Johnson said Thursday it will cut about 900 jobs, mainly from its Ortho-McNeil-Janssen Pharmaceuticals unit.

The cuts include a mix of attrition and hiring freezes. They are part of the company’s strategy to trim its U.S. sales force and refocus its approach in the market, according to Kara Russell, spokeswoman for the Ortho-McNeil-Janssen Pharmaceuticals unit.

via The Associated Press: J&J cutting about 900 jobs from pharma unit.

 

boe- EVERETT — The Boeing Co. will reduce its production rates for its 777 jet in 2010, making more layoffs likely, the company said Thursday.

Due to dwindling demand, the aerospace giant said it will reduce its monthly deliveries of the 777 to five from seven in June 2010. The company also will delay a plan to increase production on its 747-8 and 767. No change is being made to 737 production rates in Renton.

via HeraldNet: Boeing to cut 777 jet production rates in 2010; more layoffs likely.

 

- The C-17, including manufacturing and support workers, accounts for about 1,000 of the 3,200 jobs at Vought’s main west Dallas plant on Jefferson Street. Vought produces the tail section, the nacelles that enclose the four huge jet engines and other components at that facility.

via DFW could lose 1,000 Vought Aircraft jobs if C-17 program cut | Business | Star-Telegram.com.

 

viking-yachts- One of southern New Jersey’s largest employers says it has finished its final round of layoffs and furloughs.

Viking Yacht Co. has cut 560 jobs from its work force of nearly 1,400 employees.

via Viking Yacht cuts nearly 600 jobs – Forbes.com.

 

ge-healthcare- MILWAUKEE – GE Healthcare plans to layoff 179 employees at its GE Healthcare Monitoring Solutions plant in Milwaukee.

via GE Healthcare to layoff 179 in Milwaukee — chicagotribune.com.

 

- Greenheck Fan Corporation will lay off 46 office workers. Most of those employees work at the Schofield location.

via WAOW – Newsline 9, Wausau News, Weather & Sports – WAOW.com -Greenheck announces layoffs.

 

- Another business falls victim to the tough economy…Fairmont based Nortech Aerospace Systems confirms roughly 60 employees were laid off this week.

via 60 Jobs Cut At Fairmont Aerospace Company | keyc.tv.

 

- Railpower, which remains under the protection of the Companies’ Creditors Arrangement Act (Canada), said it is reducing its workforce to 39 employees from 78 as its ability to continue as a going concern is uncertain.

via UPDATE 1-Railpower says may have to liquidate; to cut jobs | Markets | Markets News | Reuters .

 

- MADISON, W.Va. (WSAZ) — Massey Energy Company is hoping that pay and benefit reductions, along with some reductions in its workforce will help the company’s overall outlook.

via Massey Energy Announces Job, Pay and Benefit Reductions.

 

- USAA will move 75 employees between June and September to its Colorado Springs regional office from call centers it is closing in California and Virginia, the San Antonio-based financial-services giant said Thursday.

via USAA moving jobs to Springs office | usaa, office, springs – Top Stories – Colorado Springs Gazette, CO.

 

- CB&I on Thursday laid off 80 employees, most of whom are welders and others involved in construction for industrial projects at the company’s Island Park manufacturing area in Beaumont.

via CB&I lays off 80 in Beaumont | Business | Chron.com – Houston Chronicle.

 

- Jeff Howard, publications manager with the Edmonton-based heavy equipment dealer, confirmed on Thursday that 23 employees at Finning’s Centre of Excellence in Red Deer lost their jobs this week.

via Red Deer Advocate – New round of layoffs hits Finning.

 

- The Corcoran Gallery of Art in Washington announced Thursday that it had eliminated 14 positions at the museum and its College of Art + Design, and a total of 18 jobs over all this month.

via Arts, Briefly – Job Cuts at the Corcoran – NYTimes.com.

 

national-semiconductor- National Semiconductor, a global company, shut down its South Portland plant Friday and plans to stay dark for two weeks.

The manufacturer, which employs 450 in South Portland, will be closed from April 10-26. Workers can take paid vacation or unpaid time off.

via Portland Top News Examiner: Microchip maker closes for two weeks.

 

- Of its 160 full- and part-time employees, the society eliminated 18 positions through layoffs and attrition.

via Arts, Briefly – Asia Society Makes Staff Cuts – NYTimes.com.

 

- A combination of personnel expense cuts that will include layoffs and furlough of staff in an effort to reduce the institution’s operating expenses.

 

- International Layoff News -

 

bt- Telecoms giant BT is preparing to cut another 10,000 jobs and slash its dividend when it announces preliminary results next month.

via BT to cut dividend and another 10,000 jobs - Telegraph.

 

bt1- BT is preparing to axe another 10,000 jobs. The huge redundancy programme will be announced next month alongside a horrendous set of year-end figures that will include provisions of about £1.5 billion.

via BT to slash another 10,000 jobs - Times Online .

 

ubs- ZURICH (Reuters) – Swiss bank UBS will announce more job cuts soon, with staff in Switzerland and departments like marketing to be hit hard, newspapers reported on Sunday. Citing several unnamed sources, the Sonntagszeitung newspaper said managers had already started telling their staff about job losses, with departments like marketing and support functions hardest hit.

 

beneteau1- The world’s leading sailboat builder, French-owned Beneteau, plans to cut nearly 600 jobs to stay afloat during the economic crisis.

via Top sailboat builder to cut 600 jobs.

 

- According to the statement, these divisions employed about 1400 workers.

“Consultations with the trade union SA Clothing and Textile Workers’ Union (Sactwu) on behalf of the respective bargaining units, and individual employees who are not represented by the respective bargaining units, have begun,” Seardel said. The SA textile industry had been under “tremendous pressure for a number of years”.

via Daily Dispatch Online .

 

Rail freight firm PKP Cargo’s management board is drafting a voluntary redundancy program that could encompass as many as 4,000-5,000 employees. The estimated cost of the project is zł.220-250 million.

 

- ADELAIDE southern suburbs components company Visiocorp will cut staff after forecasting a 50 per cent drop in sales.

via AdelaideNow… Another car parts maker to cut jobs.

 

MWV cuts 106 jobs at Sidney plant | pressconnects.com | Press & Sun-Bulletin.

 

- FLIGHT Centre managing director Graham Turner says more staff will go at the travel agency, despite predicting the worst of the economic slowdown has passed.

Australia’s largest travel agency has forecast annual profit to fall by more than two-thirds because of a slump in air travel.

via 1000 jobs gone at Flight Centre | The Australian.

 

- Hiring News and News You Can Use -

 

- Virgin Mobile USA today announced drastic cuts to its prepaid monthly calling plans, introduced an SMS-only plan, and announced that it will cover the phone costs for its jobless

via Virgin Mobile Cuts Costs, Offers a Bailout - PC World.

 

- The Detroit News reported Friday that the company is planning to hire 250 workers in its wind turbine assembly plant opening later this year in Novi, Michigan.

 

Mike: I’ll try to post some additional breaking news throughout the weekend. I hope you all have a wonderful Easter weekend.

 

 

Jeff Stahler - Apr 10

Jeff Stahler - Apr 10

 

 

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April 8 – Sharp to slash 1,500 temp jobs – Hampton Affiliates sawmill cutting 275 – Bloomberg calls for NYC agencies to cut another 7,000

Mike: Hello to all and thanks for visiting The Layoff List. Today proved to be about the quietest day in weeks, if not months, for layoff announcements, especially larger ones. Tomorrow’s  Jobless Claims will give us a good indication of jobless trends. The consensus is for jobless claims to fall slightly to 664,000. From this viewpoint, it seems like the larger layoff announcements are slowing, but there are plenty of the smaller layoffs (<500) still being announced with regularity. We’ll know more tomorrow at 8:30 EDT.

If you know of any layoff announcemetns that this blogger has missed, and there are plenty, please pass them along and I’ll post them. Also, if you have news of any impending layoffs or companies that are hiring, be sure to send them along so others can be aware of those plans. You can post your information in the comments area, or send me a note at mike@layofflist.org. Thanks………..
Onto the news of the day:
-
* Larger layoff announcements and important economic reports:
US/Canada:
International:

 

Drew Sheneman - Apr 8

Drew Sheneman - Apr 8

 

 

 

                 

- Microsoft/Google/IBM and other Rumors & News -

 

- With the recession forcing corporations and institutions to cancel projects, technology suppliers are eyeing the economic-stimulus package as an elixir to keep revenue flowing. It earmarks more than $100 billion that could be spent on information technology, according to research company IDC.

 

- General Economic News -

 

Mike: MBA  Purchase Application increases were getting large headlines over the last month or so, but today barely a whimper. Not sure why, but maybe it’s because the applications are mostly for refinancing and not new homes

MBA Purchase Applications
[Report][Bullet
7:00 AM ET

Mortgage applications filed last week rose a seasonally adjusted 4.7%, increasing even as interest rates charged on home loans experienced an upturn from the week before, the Mortgage Bankers Association said Wednesday.

via Mortgage applications show 4.7% increase for last week: MBA - MarketWatch .

____________________________________________________________________________________________________________

 

- A radically updated Pentagon spending plan announced Monday would cut off new orders of the F-22 Raptor fighter jet this year, jeopardizing thousands of Connecticut jobs that depend on the program.

- Government Layoff News -

 

Mike: Below is another one of those master strokes of genius from government decision makers. It struck me as being comparable to laying off firemen when arson is increasing or dumping police officers as crime spikes. Oh, wait, they are doing that………….

- LANCASTER, Ohio — More newly jobless people are seeking help from the Fairfield County Job and Family Services office, but there will be fewer workers to respond and longer waits.

The agency is laying off 42 workers and leaving 10 more jobs vacant. The cuts eliminate about 20 percent of the staff.

via The Columbus Dispatch : Jobs office in Fairfield County is losing 52.

 

- Looking to plug a $44 million shortfall in its nearly $1 billion proposed budget, the Newark school district will close two middle schools and eliminate more than 50 central office jobs.

via Newark school district plans school closures, job cuts – NJ.com .

 

-Bishop says a total of 58 people will be let go.  Of those, 22 are what are called professional positions, including the 15 teaching positions.  The remaining 36 are classified and administrative positions.  Bishop says she can’t tell us the specific positions because it would identify those employees.

via Roanoke City Schools cutting 58 jobs | WSLS 10.

 

- The plan? Close Port St. Lucie Elementary, and Southbend K-thru-8. Relocate 1,100 students. Lay off 331 teachers and staff.

Mandate an across the board 1% pay cut for all staff. The superintendant says plummeting sales tax revenues from the State is forcing the cuts.

via 331 Teachers and Staff Cut From Schools | staff, teachers, cut – Treasure Coast – West Palm Beach News - CBS12.com.

 

- More than 120 teachers and staff will be notified that they won’t return next year after the Deer Valley Unified School District governing board approved layoffs Tuesday night

via Deer Valley Unified School District laying off 121 employees.

 

- Sixteen Nampa city employees lost their jobs Tuesday after city leaders determined a significant workforce cut was the most responsible way to address declining revenues.

via Nampa cuts 16 city employees | Nampa, Caldwell | Idaho Statesman

 

- The city will cut one full-time dock attendant, which is the second staff cut since last summer. Overtime pay, which amounted to $6,000 last year, has been eliminated

via Cuts Underway as City Marina Faces $56,000 Debt | www.stignacenews.com | St. Ignace News.

 

- The city’s daunting budget crunch is having a local impact – three aides have been laid off from Los Angeles City Councilwoman Janice Hahn’s staff.

via L.A. layoffs include 3 Hahn aides - ContraCostaTimes.com .

 

- – Just months after he ordered cuts to more than 9,000 jobs, Mayor Michael Bloomberg has asked city agencies to slash 7,000 more.

via Bloomberg calls for city agencies to cut another 7,000 jobs – SILive.com .

 

- The Scottsdale school board laid off almost 250 teachers, administrators and staff during an emotional board meeting Tuesday that brought some administrators and board members to tears.

via Emotions run high as Scottsdale schools lay off 250.

 

- GILBERT — More than 400 Gilbert teachers will be out of a job come May.

via More than 400 Gilbert teachers to be laid off | LOCAL NEWS | Arizona | azfamily.com .

 

- Crane Elementary School District has mailed out reduction in force (RIF) letters to 14 probationary teachers notifying them the district will not renew their contracts for next year, according to an official.

 

 

- US and some Canada Layoff News -

 

 

hampton-affiliates- Hit by the housing crisis and economic downturn, Portland-based Hampton Affiliates will lay off about 275 employees at its Oregon and Washington sawmills — including 85 in Tillamook — as a result of a reduction in operating hours.

via Hampton Affiliates shedding 275 sawmill jobs - OregonLive.com.

 

hampton-affiliates1- Citing a downturn in the lumber market, officials at the Portland, Ore.-based Hampton Affiliates announced this week that they plan to cut production and lay off 43 percent of the sawmill and planer mill employees at the Darrington operation.

 

- Philips Electronics North America has told state regulators that it plans to relocate its manufacturing and customer service operations at its Invivo Corp. business in Pewaukee, resulting in the permanent termination of 50 employees beginning in June.

via SAFE BRIEF: Invivo to relocate Pewaukee plant, cut 50 jobs.

 

- The plant will continue operating until June 30 “as we work with the 59 local team members to assist them with the transition,” the company said in a news release.

via Wells County food plant closing | The Journal Gazette.

 

neiman-marcus- About 100 sales support positions in stores across the country are being eliminated, and 31 jobs have been cut in a reorganization of marketing, public relations, advertising, creative services and production.

via Neiman Marcus cuts 131 more jobs | News for Dallas, Texas | Dallas Morning News | Dallas Business News .

 

- Officials at Dean Health System (DHS) announced today approximately 90 positions currently held by staff within the organization will be eliminated. This represents less than 2% of the total staff. The affected positions are in both patient care and non-patient care areas.

via Dean Health System Staff Reductions .

 

- Facing a budget shortfall of $60 million this year, Nemours officials will eliminate about 325 positions at its clinics and offices in Orlando, Jacksonville and Pensacola, as well as a hospital in Wilmington, Del., and clinics in New Jersey and Pennsylvania. The foundation currently employs about 4,400 people.

via Nemours will make cuts in its work force – OrlandoSentinel.com.

 

deere1- Farm machinery maker Deere & Co on Wednesday said it plan to cut 160 workers at its Des Moines, Iowa facility, effective April 27.

via STOCKS NEWS US-Deere to cut 160 jobs - Forbes.com.

 

- Procter & Gamble Co. says it is cutting about 90 jobs at a plant in the central Puerto Rican town of Cayey that makes Olay skin care products and Vicks cold medicine.

via Procter & Gamble trims jobs at Puerto Rico plant - Forbes.com.

 

- BEAVER, W.Va. (WSAZ) — A contract manufacturing plant that employs about 40 people in Raleigh County is closing down at the end of the month.

via Southern W.Va. Manufacturing Plant Closing, 40 Jobs Lost.

 

- EAST FLAT ROCK — General Electric Lighting Systems is laying off 10 people in its business office, plant officials said Tuesday.

via 10 GE Lighting Systems workers to be laid off | BlueRidgeNow.com | Times-News Online | Hendersonville, NC.

 

kaiser- Kaiser Permanente Northern California has laid off 70 nonclinical staff across the region in response to declining enrollment, officials confirmed.

via Kaiser lays off 70 in Northern California – Modern Healthcare.

 

- Aurora-based Wagner Equipment Co., a dealer of Caterpillar heavy equipment, said Tuesday it would cut just under 10 percent of its workforce. “Despite our vigorous effort to avoid a staff reduction, due to current economic conditions we regretfully have to reduce our employment by approximately 140 people,” the company said in a statement.

via Aurora-based dealer of Caterpillar equipment lays off 140 – The Denver Post .

 

- Uncertain economic times have resulted in staff reductions at the Las Vegas Chamber of Commerce. Chamber officials said yesterday that nearly a fifth of its 58 employees are out of jobs due to a falling membership roster, event participation and sponsorship brought on by the failing economy.

via KXNT – Las Vegas - Chamber of Commerce Cuts Staff.

 

- New Philanthropy Capital (NPC) has cut one fifth of its research team, but denies reports that this is as a result of a drop in donations.

via Professional Fundraising | New Philanthropy Capital cuts research staff .

 

- Camosun College is raising tuition next year and cutting 18 staff positions.

via BCLocalNews.com – Camosun raises tuition, cuts 18 staff positions.

 

- SCC laid off four staffers, cut the hours of four more and did not renew the contracts of two non-tenure faculty

via The Free Press, Mankato, MN – SCC makes cuts.

 

international-paper4- AUBURNDALE – The closing of the International Paper Company plant in Auburndale and the elimination of the 96 jobs there is a significant blow to the city, a community business leader said Monday.

via Auburndale plant closing called ‘monumental’ | NewsChief.com | News Chief | Winter Haven, FL.

 

- RTS Packing became the latest to join the list Tuesday with confirmation the company has shut down its Litchfield plant at a cost of more than 50 jobs. Workers already were removing equipment this week.

via RTS Packing closing Litchfield plant - Springfield, IL – The State Journal-Register.

 

- A Franklin automotive supplier bruised by lagging sales plans to halt production in two months, putting 87 employees out of work

Mitsubishi Heavy Industries Climate Control said in a state filing today that it will stop making automotive air conditioning parts June 7 and will not resume production until demand picks up.     

IBJ.com – Indianapolis Business Journal – Story Detail.

 

ak-steel1- WEST CHESTER TWP. — Poor business conditions continue to take a toll on local steelmaking operations as AK Steel confirmed about 300 workers are still on layoff at Middletown Works.

via AK: 300 on layoff at Middletown Works.

 

tyco- – But the company continues to lay off a few workers here and there, according to two Tyco employees who contacted The Patriot-News.

via Tyco employees report some layoffs - PennLive.com.

 

- Chicago-based American Medical Association is laying off 8-percent of its work staff.

via American Medical Association Announces Layoffs.

 

- WEST SACRAMENTO, Calif. — Raley’s here said it laid off an undisclosed number of employees Monday in its corporate operations, primarily in the areas of facilities and construction.

via Raley’s Lays Off Facilities, Construction Personnel.

 

- BOULDER, Colo. (AP) – Micro Motion Inc. says it is laying off 37 mostly salaried employees at its operations in Boulder as the economy declines.

via KJCT8.com – Grand Junction, Montrose – Weather, News, Sports | Micro Motion laying off 37 in Boulder.

 

xstrata2- The Timmins Times has learned that roughly 130 contract worker layoffs are occurring at the Xstrata Nickel Montcalm Mine in Timmins as the result of what the company says is “an unplanned ground fall.”

via 130 temporary layoffs at the Montcalm Mine - Timmins Times – Ontario, CA .

 

gavel7- (Crain’s) — Vedder Price PC laid off nine lawyers, joining the growing ranks of firms that have cut staff amid an industry downturn.

via Vedder Price trims ranks | Crain’s Chicago Business.

 

- Vesuvius USA in Wurtland, Kentucky, laid off four employees last Friday. Plant Manager Mike Gilliam says four others were let go on February 16.

 

Engle Homes Inc. parent Tousa Inc. is laying off 65 employees at its offices in central Phoenix as its ramps down operations.

via-http://www.bizjournals.com/phoenix/stories/2009/04/06/daily43.html

 

- - Stillwater’s Mercury MerCruiser plant has laid off about 135 workers this week, the company confirmed.

Affected are about 120 production employees and 15 salary employees, said Human Resources Director Jamie Payne. The workforce drops to around 400.

via Stillwater NewsPress – MerCruiser announces lay-offs.

 

- Greenheck Fan Corp. announced today it is laying off 37 office employees at its Schofield facility, citing declining non-residential construction in the country and globally.

via Greenheck cuts 37 from Schofield facility | wausaudailyherald.com | Wausau Daily Herald.

 

- Dawn Food Products told employees Tuesday that it plans to close its doughnut-making plant in Ossian on June 30. The decision means a loss of 59 area jobs.

via Ossian plant to close in June; 59 jobs lost | The News-Sentinel – Fort Wayne IN.

 

rbs4- PROVIDENCE, R.I. — The Royal Bank of Scotland Group PLC announced it plans to eliminate as many as 9,000 positions globally, affecting some 1,250 jobs at Citizens Financial Group in the United States.

 

 

- International Layoff News -

 

 

sharp- TOKYO — Sharp Corp. Wednesday forecast a deeper net loss for its fiscal year ended March 31 citing restructuring costs and an additional securities valuation loss, and said it would cut 1,500 temporary jobs.

via Sharp to Cut 1,500 Jobs, Sees Deeper Loss – WSJ.com.

 

sharp1- Sharp Corp. (TYO:6753) have forecast a much deeper loss for its fiscal year than they first thought for the year ended March 31. The electronics giant were citing restructuring costs as well as an additional securities valuation loss, Sharp also announced that they will be cutting 1,500 temporary jobs.

via Sharp Job Cuts: 1500 Going : Product Reviews Net.

 

- VIENNA, April 8 (Reuters) – Austrian fireproof materials maker RHI (RHIV.VI) said on Wednesday it would cut 1,000 jobs worldwide in 2009, as part of a cost-cutting programme to save around 80

 

whirlpool1- Whirlpool Corp (WHR.N) said on Tuesday it would close its washing machine manufacturing facility in Shanghai, China, eliminating 600 jobs, as the appliance maker consolidates its Chinese operations.

 

- Electrical firm Comet has announced 39 redundancies at its Hull business centre.

via 39 redundancies at Comet Business Centre in Hull | This is Hull.

 

- More than 100 jobs face the axe at the NEC Group following a dramatic slump in revenue from exhibitions as the economic downturn bites.

The West Midland group, which runs the NEC, ICC, LG Arena and NIA, confirmed the job cutbacks and warned the short-term outlook for the exhibitions and conference market was “poor.”

via Birmingham Mail – News – Birmingham News - 100 jobs to go as NEC group hit by slump in exhibitions.

 

The Bank of Bermuda is cutting 14 jobs as it strives to trim expenses.

via The Royal Gazette.

 

- More than 160 staff at manufacturing giant Perkins Engines, in Eastern Industry, have been told they are at risk of compulsory redundancy as the firm seeks to make cost savings.

via 160 laid-off Perkins staff are escorted out – Peterborough Today .

 

- The State Government’s railway arm has sent memos to each station across the network outlining the proposed cuts to staff hours and numbers.

 

- Hiring News and News You Can Use -

 

 

Mike: For those of you looking to update your resume and/or receive career counseling in this difficult job market, you may want to pay a visit to: http://www.truecalling-group.com. The fine Certified Resume Writer / Career Consultant at True Calling Group will make sure you are on the right track when seekling that new position. When making contact with the consultants at http://www.truecalling-group.com,  please mention that you saw their services posted at The Layoff List. Thanks and good luck……..

 

http://www.usajobs.gov/, the official job website for the United States Federal Government, is listing over 47,000 jobs openings across the country, and hundreds and possibly thousands job openings in Utah

via Federal Government hiring for thousands of jobs - ABC 4.com .

Mike:http://www.usajobs.gov/ is also lisied on the links section of this blog.

 

- It would add 98 jobs to a county which has a 16.9 percent unemployment rate (2,473 people looking for work in February, according to the N.C. Employment Security Commission).

 

Mike: See you on Thursday for the  Jobless Claims  report…………

 

 

more about “The Word – Morally Bankrupt | April 7…“, posted with vodpod

 

 

 

 

Dilbert - Apr 7

Dilbert - Apr 7

 

 

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