Level 3 to Cut Up to 12 Percent of Jobs
Wednesday January 12, 2:58 pm ET
By Sandy Shore, AP Business Writer
Information Services Provider Level 3 to Cut Up to 12 Percent of Work Force by End of Month
DENVER (AP) -- Information services provider Level 3 Communications Inc., still struggling to recover from the telecommunications bust, said Wednesday it would eliminate up to 12 percent of its overall work force by month's end.
Between 500 and 600 jobs will be eliminated in the company's communications business, which sells wholesale services to Internet service providers. Nearly 3,700 of the company's 5,000 employees worldwide work in its communications business.
DISD considers job cuts to slash deficit
================================================================
dallas.bizjournals.com
The Dallas Independent School District is looking at ways to trim a $15.8 million deficit, including cutting 400 jobs and eliminating a tax break.
===========================================================
Plastics-maker Tupperware Corp. is cutting 250 jobs at its Hemingway, S.C.-based factory -- about half of the plant's total work force.
It's the third layoff in less than two years at the facility, the only U.S.-based manufacturer for the Orlando-based storage-container company. Smaller layoffs were announced in April and July last year, and in the fall of 2003.
"As we evaluate our capacity, we want to make sure and use our resources in the most cost-effective way possible," Jane Garrard, a company spokeswoman, said Tuesday. Tupperware will have $6.8 million in expenses related to the job cuts, plus an additional cost of $2.4 million to relocate equipment, the company said in a filing with the U.S. Securities and Exchange Commission. The move is expected to save the company about $6 million a year.
The plant, which opened in 1976, supplied 75 percent of the plastic bowls, kitchenware and other Tupperware products in North America.
Although the facility will still produce some products, such as two-toned plasticware and high-tech, polycarbonate items, most of its operations will be allocated to overseas plants. Tupperware has 15 factories worldwide, some of which will absorb Hemingway's production.
orlandosentinel.com
===========================================================
250, Teradyne Connection Systems
Published: Wednesday, Jan. 12, 2005
nashuatelegraph.com
NASHUA - Teradyne Connection Systems is cutting about 250 jobs worldwide, 200 of which will be in Nashua, as economic conditions show no signs of improving in the electronic contract manufacturing business.
The jobs being cut are in manufacturing, and all three shifts were notified Monday and Tuesday, said Tom Newman, Teradyne’s vice president of communications.
Some manufacturing will remain in Nashua, mostly in the form of prototypes and more complex, high-end products.
“This has been going on for a couple of years now,” Newman said. “In order to remain competitive, we have to move more manufacturing to lower-cost areas such as Mexico and Asia.”
The 250 jobs being eliminated represent 10 percent of Teradyne Connection Systems’ work force, Newman said.
Research and product development will be the focus of the company’s Nashua division and its counterpart in Dublin, Ireland, because developing new products is key to the company’s future, he said.
Teradyne Inc., the parent company of Teradyne Connection Systems, is also laying off another 70 workers in other divisions, and plans to vacate a factory in Poway, Calif., according to company officials and documents filed Tuesday with the Securities and Exchange Commission.
The company expects to incur charges of about $11 million relating to the 320 layoffs and the closure of the California plant, according to SEC documents. Newman said the employees who are being laid off will receive severance packages, including help in getting new jobs.
Nashua-based Teradyne Connection Systems, which makes connectors and backplane systems, is a division of Teradyne Inc., which makes test automation equipment and is based in Boston.
=================================================================
city of detroit to fire 686
Jan. 12, 2005 12:08 PM
crainsdetroit.com
Facing a $230 million deficit in the coming budget year, Mayor Kwame Kilpatrick is expected to announce Wednesday night on radio and television his plans to lay off 686 city workers, limit city bus service, sell all city cars and cut nonunion and appointee pay by 10 percent.
No layoffs are expected in the police and fire departments |
