Wednesday, February 4, 2009

First-Quarter Layoffs.

First-Quarter Layoffs.

The following chart is a selection of some announcements of job cuts since the beginning of the year. Some numbers are estimates.

By The Wall Street Journal

Company Announcement dateJobs cut% of work force

Panasonic

2/4/2009

15,000

5

Electronic Arts

2/3/2009

1,100

11

PNC Financial Services Group

2/3/2009

5,800

10

King Pharmaceuticals

2/3/2009

760

22

Liz Claiborne

2/3/2009

725

8

SAS

2/3/2009

9,000

40

Macy's

2/2/2009

7,000

4

NEC

1/30/2009

20,000

7

Hitachi

1/30/2009

7,000

2

Eastman Kodak

1/29/2009

4,500

18

Bon-Ton Stores

1/29/2009

1,150

3

Black & Decker

1/29/2009

1,200

5

AstraZeneca

1/29/2009

7,400

11

Ford Motor Credit

1/28/2009

1,200

20

Starbucks1/28/20096,7004
Boeing1/28/200910,000*6
Jabil Circuit1/28/20093,0004
SAP1/28/20093,0006
STMicroelectronics1/28/20094,5009
Corning1/27/20093,50013
Cooper Industries1/27/20092,2007
Clariant1/27/20091,0005
Texas Instruments1/26/20093,40012
Molex1/26/20099,30029
Caterpillar1/26/200920,00018
Home Depot1/26/20097,0002
Sprint Nextel1/26/20098,00013
Pfizer1/26/20098,3001
ING1/26/20097,0005
Philips Electronics1/26/20096,0005
Corus1/26/20093,5001
Harley-Davidson1/23/20091,10011
Microsoft1/22/20095,0005
Huntsman1/22/20091,1759
Intel1/21/20096,000**7
UAL1/21/20091,0002
Eaton1/20/20095,2006
Bose1/20/20091,0001
Rohm & Haas1/20/200990057
Clear Channel1/20/20091,8509
ConocoPhillips1/16/20091,3004
Circuit City1/16/200934,000100***
Pfizer1/16/20093,200****3
Advanced Micro Devices1/16/20091,1009
Hertz Global Holdings1/16/20094,00013
WellPoint1/16/20091,5004
Saks1/15/20091,1009
MeadWestvaco1/15/20092,0001
Autodesk1/15/20097501
Motorola1/14/20094,0006
Barclays1/14/20092,10013
Neiman Marcus 1/13/20093753
Cummins1/13/20098002
Seagate Technology1/12/20098001
Cessna1/12/20092,000N/A
Walgreen1/8/20091,0009
Lenovo Group1/8/20092,50011
EMC1/7/20092,4007
Logitech International1/6/20095005
Alcoa1/6/200915,00015
Cigna1/5/20091,1004

Total:


292,985


*Includes Jan. 9 announcement of 4,500 layoffs from commercial-airplane staff

**Number of employees affected by plant closures, not all will lose jobs
***Company in liquidation

****Includes announcements of 2,400 cuts on Jan. 16 and 800 layoffs on Jan. 13

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