Layoffs Du Jour
[catching up on last 2 days actually]
318 more....US Airways
US Airways adds 318 to job cuts
The Charlotte Observer - Feb 02 12:10 AM
US Airways said Tuesday it is cutting another 318 jobs in Charlotte, part of an aircraft-maintenance shuffle that is eliminating about 1,800 positions nationwide.
60....Motorola
Motorola cutting 60 jobs in Plantation
Sun-Sentinel - Feb 02 12:23 AM
Motorola Inc. is laying off about 60 workers from its cellular phone manufacturing complex in Plantation. According to severance papers obtained by the South Florida Sun-Sentinel , about 2 percent of the facility's work force is being eliminated. About 3,000 people work at the Plantation complex.
200....Bookham -they fired 150 last year on first layoffs so this number is conservative.
DECEMBER 09, 2004
PREVIOUS NEWS WIRE FEED
Bookham Adds to Layoffs
SAN JOSE, Calif. -- Bookham, Inc. ("Bookham") (NasdaqNM:BKHM - News), a leading provider of optical components, modules and subsystems, announced today that on December 7, 2004 it adopted an additional cost reduction plan to reduce its overhead structure by an additional $6 million to $8 million per quarter. This plan is in addition to the ongoing cost reductions of $10 million to $12 million per quarter announced in May 2004. Bookham anticipates the combined plans to be completed before the end of 2005. The plan includes workforce reductions, the closure of certain facilities including Bookham's former headquarters in Abingdon, England, and the consolidation of certain development and manufacturing programs. The restructuring charges associated with this additional reduction cost plan are expected to be $6 to 8 million, consisting of cash expenditures of $4 million to $5 million for employee severance and retention and $1 million to $2 million for facility lease terminations.
3280....Deutsche Bank- outside Germany
BERLIN - Deutsche Bank AG posted a sharp drop in fourth-quarter net profit Thursday on restructuring charges, and revealed an additional round of about 3,280 job cuts.
Germany's biggest bank said net profit for the period ending Dec. 31 fell to 269 million euros ($366 million) from 436 million euros a year earlier, hit by 574 million euros ($781 million) in restructuring charges.
The Frankfurt-based bank said it will cut jobs but add some positions in lower-cost locations, leading to an overall reduction of 3,280 jobs outside Germany. A spokesman for the bank declined to comment on the location of the job cuts.
35....Textron Fastening
The Clarion-Ledger - 2 hours, 18 minutes ago
Textron Fastening Systems said Wednesday that 35 contract employees have been laid off from the Greenville plant. The layoffs represent about 9 percent of the plant's work force, said Tim Weir, communications director for Textron Fastening Systems in Troy, Mich.
353 Delta Air Lines
Delta to shut Boston center, cut 353 jobs, report says
Friday, February 4, 2005 1:33:37 PM
afxpress.com
BOSTON (AFX) - Delta Air Lines plans to shut its Boston reservations call center Sept. 1, the Boston Globe reported Friday. The move will eliminate about 353 jobs, the paper said. Shares of Delta fell 29 cents Thursday to $5.38. This story was supplied by MarketWatch. For further information see www.marketwatch.com
112...Universal Music Group
Universal Music To Shut Vinyl Record Plant In Upstate NY
IWon - Money - 1 hour, 8 minutes ago
GLOVERSVILLE, N.Y. (AP)--Universal Music Group (UMG.XX) is closing its vinyl record plant here, cutting 112 jobs. Universal Music Group is a unit of Vivendi Universal (V).
20...American General Life
Tennessean - Feb 04 12:38 AM
In a cost-cutting move, 20 employees of American General Life and Accident Insurance this week received layoff notices, a spokesman for its parent American International Group said.
1723....Illinois companies
Suburban employees still facing job losses
By Anna Marie Kukec Daily Herald Business Writer
Posted Friday, February 04, 2005
Despite recent job gains in Illinois, the state said about a dozen companies are planning to eliminate 1,723 jobs, including more than 800 workers at five suburban companies.
The companies filed the layoff notices by Jan. 31 and the list was released this week by the state. Many of the layoffs either started with the notice or will continue through March, the documents said.
Reasons for the layoffs include streamlining and businesses being sold or moved.
42, Sallie Mae
It was announced yesterday that Sallie Mae will lay off 42 workers - about one-third of the workforce - at the Seattle-based Student Loan Finance Association beginning March 28, and more cuts are planned. The cuts are a result of the recently completed merger between the two organizations
kcautv.com
46, Westerly, Rhode Island School District
thewesterlysun.com
WESTERLY - "In Westerly, the budget is being balanced on the backs of teachers," Christine Sieczkiewicz, president of the Westerly Teachers Association, said at a School Committee meeting Wednesday night.
The committee had just voted unanimously not to renew the contracts of 46 teachers in the public school system, as school officials have planned to cut 15 teaching positions before the end of the school year.
Citing state law, School Solicitor William Nardone said that, to consider laying off the 46 teachers, the committee must inform them that their contracts will not be renewed before March 1.
How many and which teachers will be dismissed is unclear, as the school department has neither a final budget nor a firm grasp on what programs will garner the most interest at the high school next year, Acting Superintendent Sylvia Blanda said.
43, General Electric
qctimes.com
WEST BURLINGTON, Iowa (AP) — General Electric will layoff 43 workers because of a downturn in orders, company officials have announced.
The layoffs will be effective Monday and follow the layoffs of 85 workers in early January.
Sharon Fisch, company spokeswoman, said the recent layoffs were the result ``a continued softening in our orders rate from customers and, therefore, the need to manufacture less switchgear products.'' |
