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To: ild who wrote (23853)2/17/2005 9:51:13 PM
From: mishedlo  Respond to of 116555
 
Layoffs Du Jour

100....Providence School Board
Parents protest teacher layoffs in Providence
Providence teachers are not going without a fight, and some parents are joining the protest. The Providence School Board is looking at cutting a hundred jobs, and they are getting a heated reaction.
Its schools like Classical High School that stand to lose, and last night, parents and teachers raised their voices there. Some Providence school teachers have their jobs this morning but they're not supposed to. The school board delayed their vote to lay off those employees after parents protested.
Their voices were heard on the side of the wall at the school department meeting that had been moved to the public safety auditorium.
Chants…placards- all signs of the parents' frustration with the $4 million in budget cuts.
On the chopping block? The jobs of more than 100 teachers, guidance counselors, nurses, coaches, and social workers.

410...Molson-Coors
Molson Coors closing Memphis brewery in 2007, affecting 410 jobs
MONTREAL (CP) -- The newly created Molson Coors Brewing Co. has wasted little time in announcing cost-cutting measures, saying Friday that 410 jobs will be eliminated when it closes its brewery in Tennessee in early 2007.

111....Masonite
Wanting to work
For Masonite worker, plant's closing means uncertainty
Palladium-Item photos by Steve Koger
Ron Schweizer sits at his kitchen table in his home near Fountain City. Schweizer will be one of those folks who will lose his job when Masonite Doors Corp. closes its Richmond plant. Schweizer says that when he started at the company he thought he'd be there until retirement.

180....Leapfrog
# LeapFrog to cut 180 jobs Troubled toymaker loses $9 million in fourth quarter
San Francisco Chronicle
Educational toymaker LeapFrog Enterprises Inc. posted a fourth- quarter loss of $9 million Tuesday and said it will slash 180 jobs, or 16 percent of its companywide workforce, to combat sliding sales and rising costs.

973...Circuit City
AdSolution - Internet Werbeflächen Management System
Circuit City plans store closures, job cuts; reviews $3.25 bn takeover offer - update 3
Thursday, February 17, 2005 3:58:49 AM ET
newratings.com
NEW YORK, February 17 (newratings.com) – Circuit City Stores Inc (CC.NYS), a specialty retailer of consumer electronics, has disclosed an unsolicited takeover offer of $17 per share in cash, amounting to about $3.25 billion, from Highfields Capital Management LP.
The US-based retailer said in a press release on Tuesday that the company had received a proposal indicating Highfields Capital Management's interest in pursuing an acquisition of all of Circuit City Stores' outstanding shares at a price of $17 per share in cash. The offered price represents a 19.5% premium over the company's closing share price on Monday. The statement added that Circuit City Stores' board of directors would carefully evaluate the proposal. The company also announced on Tuesday the appointment of Philip J Schoonover as its President and Michael E Foss as the Executive Vice President. Circuit City Stores said in a separate statement on Wednesday that it would close its 19 superstores, five regional offices and one distribution center this month, in an effort to close its unprofitable stores. The planned exercise is likely to result in about 973 job reductions and would reduce the company's fourth-quarter earnings by about $30 million.

40...Alstom
Alstom announces 200 job cuts in France, 100 in Germany, 40 in US
PARIS (AFX) - Alstom (Paris: FR0000120198 - news) said it will cut 200 jobs at its site in Velizy, France, a further 100 in Stuttgart, Germany, and 40 at Windsor in the US as part of job losses in the industrial boilers segment announced in December.

150...Zarlink
# Zarlink Cuts 150 Jobs, Names Kirk Mandy as Chief Executive
Bloomberg.com - 47 minutes ago
Feb. 17 (Bloomberg) -- Zarlink Semiconductor Corp., which makes chips for Cisco Systems Inc., said it's cutting 150 jobs and halting development of a digital-video recorder in a bid to restore profitability.

500....Maytag
Maytag cuts Newton work force again
The Des Moines Register - Feb 17 2:20 AM
APRIL: Maytag announces plans to cut 500 salaried jobs, including an undisclosed number in Newton. MAY: In an interview, Ralph Hake, Maytag chairman and chief executive, discloses that 460 production workers are on layoff.

182, Cingular Wireless LLC
Cingular hands out 182 layoff notices
seattle.bizjournals.com
Cingular Wireless LLC issued layoff notices to 182 employees at various sites throughout the Puget Sound area, according to a notice sent to the state Employment Security Department.
The Atlanta-based company is eliminating redundant positions created by its acquisition last year of AT&T Wireless Services Inc. In November, Cingular said it would cut about 10 percent of its work force during 2005, and while officials didn't say exactly where the cuts would be made, many of the up to 7,000 layoffs were expected to occur at former AT&T Wireless facilities.
The former AT&T Wireless headquarters in Redmond will remain open as Cingular's Northwest headquarters, however.
The recent notice sent to the state calls for permanent layoffs taking effect April 15 at locations in Bothell, Redmond and Seattle. The state requires companies taking part in mass layoffs or plant closures to give the affected employees 60 days advance notice.
In the first round of local layoffs Cingular on Jan. 6 warned 155 local employees that their last day would be March 7. Another 88 workers have until March 18.



To: ild who wrote (23853)2/17/2005 11:36:19 PM
From: RealMuLan  Read Replies (2) | Respond to of 116555
 
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