SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy Jetson who wrote (25972)3/18/2005 11:21:13 PM
From: mishedlo  Read Replies (1) of 116555
 
Layoffs Du Jour

Undisclosed- Kodak closing Rochester plant
Thu, Mar 17, 2005
LOS ANGELES (Reuters) - Eastman Kodak Co. said on Wednesday it would close a Rochester, New York facility that produces raw photographic paper base, leading to job cuts and restructuring charges of about $50 million.
Kodak said the charges included $3 million in employee severance costs, but it did not say how many jobs would be lost. A spokesman for the company was not immediately available to comment on any job cuts.
Kodak also said it would record $2 million in "other operational charges."
The company said the closure should be completed by May 18 and said in future it would get its supply of raw paper base from outside suppliers.
in.news.yahoo.com

700....Springs Industries
Springs Industries blames cuts on textile imports
The State - Mar 17 12:09 AM
Springs Industries said Wednesday it would cut 700 more jobs this year, leaving little more than 4,000 workers in South Carolina clustered around its Fort Mill headquarters and bringing its total layoffs in the state close to 10,000 in the past 13 years.
thestate.com

130...Northwest Airlines-possibly 800 more
Business
NWA to cut 130 Twin Cities jobs; 800 more could go by end of 2005
Pioneer Press
More job cuts are on the way for Northwest Airlines workers.
The airline said today it will cut 130 Twin Cities maintenance jobs by May and perhaps as many as 800 more by the end of the year as it removes two dozen DC-9 jets from its active fleet in the latest attempt to reduce steep financial losses.
Major airlines continue to lose billions of dollars as fuel prices remain at historic highs. Earlier this year, Delta Air Lines capped many of its fares, a move that Northwest said at the time would reduce revenue. Northwest is seeking pay cuts from its union workers.
twincities.com

Continental Sees Cuts if No Union Deal
Associated Press via Yahoo! Finance - Mar 15 1:14 PM
Continental Airlines Inc. on Tuesday told employees it disclosed in its annual report with the Securities and Exchange Commission that the troubled carrier will be forced to make significant cutbacks and job reductions if tentative union agreements are not ratified later this month.
biz.yahoo.com

128...Tenneco Automotive
# More Layoffs Hit Hart County Open this result in new window
WYFF TheCarolinaChannel.com via Yahoo! News - Mar 16 4:27 PM
Tenneco Automotive in Hart County said Wednesday that it will slash its workforce by 128 employees.
news.yahoo.com

113....Milwaukee Sign
Milwaukee Sign to close Grafton, Cedarburg sites
BizJournals - Mar 16 1:26 PM
Milwaukee Sign Co.'s plant in Grafton and its Cedarburg warehouse will close by the end of 2005, leaving up to 113 employees without jobs.
bizjournals.com

21...Caesars Riverboat Casino
Coinless slots lead to casino layoffs
The Indianapolis Star - 2 hours, 14 minutes ago
BRIDGEPORT, Ind. -- The Caesars Indiana riverboat casino is laying off 21 employees whose jobs were eliminated by new technology, a company official said.
indystar.com

100....Georgia-Pacific
# Green Bay Georgia-Pacific Plans 100 Layoffs at Broadway Plant
WBAY 2 - Mar 17 8:32 PM
Georgia-Pacific plans to eliminate 100 jobs at its Broadway mill in Green Bay. Workers tell Action 2 News the company is holding meetings to tell them about the layoffs.
wbay.com

64....Brown and Cole
Brown & Cole issues more layoff notices
BizJournals - Mar 17 11:27 AM
Brown & Cole, operator of grocery stores Thrifty Foods and Food Pavilion, issued layoff notices to 64 employees in Pasco, according to the state Employment Security Department. The layoffs are effective May 6, according to a notice sent to the state.
bizjournals.com

120....Cuyahoga Falls School District
# Local District To Hold Meetings To Address Budget Crisis O
Cleveland - NewsNet5 via Yahoo! News - Mar 17 4:12 PM
The Cuyahoga Falls School District is in the first phase of a recovery plan that calls for more than 120 job cuts and two school closings.
news.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext