Saturday, May 16, 2009

March 2009 Layoff List

Mar. 31: Cardinal Health ( CAH - news - people ) pink-slips 800 workers as part of cost cutting efforts.

Mar. 31: Deere & Co. ( D - news - people ) places 40 Illinois employees on indefinite layoff.

Mar. 30: KLA-Tencor ( KLAC - news - people ) lays off 10% of its workforce which comes to roughly 500 employees.

March 27: Wal-Mart Stores ( WMT - news - people ) closes Ohio facility and lays off 650 workers.

March 26: Agilent Technologies ( A - news - people ) freezes share-buyback program and cuts 2,700 jobs.

March 26: Google ( GOOG - news - people ) institutes second round of layoffs by pink-slipping 200 workers.

March 25: Shaw Industries--a Berkshire Hathaway ( BRK - news - people ) subsidiary--closes two plants, idling 600 workers.

March 25: Constellation Brands ( STZ - news - people ) reduces workforce by 5% (400 workers) following decline in wine sales.

March 25: IBM ( IBM - news - people ) slashes workforce in U.S. by more than 4%, or roughly 5,000 workers.

March 24: Legg Mason ( LM - news - people ) lays off 120 to adjust to its current business needs.

March 24: Synovus Financial ( SNV - news - people ) dismisses 200 employees following a 650-worker layoff in September.

March 24: Cummins ( CMI - news - people ) fires 127 workers when voluntary layoff fails to entice enough to leave.

March 22: Freeport-McMoRan ( FCX - news - people ) pink-slips 50 employees at Denver mine.

March 19: Lam Research ( LRCX - news - people ) pink-slips 375 or 10% of the company’s workforce.

March 17: Caterpillar ( CAT - news - people ) adds another 2,454 layoffs to a growing total, as construction equipment demand continues to be weak.

March 17: A Corning ( GLW - news - people ) subsidiary cuts 200 jobs at North Carolina plant.

March 17: Weyerhaeuser ( WY - news - people ) continues ongoing layoffs and production cuts by closing two lumber mills and firing 307 workers.

March 16: TRW Automotive Holdings ( TRW - news - people ) continues ongoing cuts with 42 salaried employees in Wisconsin and Minnesota.

March 13: Baker Hughes ( BHI - news - people ) pink-slips 1,500 (about 4% of workforce)--this follows a layoff of the same number back in January.

March 13: PPG Industries ( PPG - news - people ) lowers first-quarter expectations and lays off 2,500.

March 13: Sunoco ( SUN - news - people ) fires 750 salaried workers--about a fifth of its workforce.

March 12: Weyerhaeuser ( WY - news - people ) cuts 59 workers at a mill in Oregon.

March 11: AMR ( AMR - news - people ) dismisses 323 flight attendants in response to travel slump.

March 10: Lowe's ( LOW - news - people ) closes lighting and ceiling fan distribution center; fires 82.

March 10: Principal Financial Group ( PFG - news - people ) cuts 60 jobs in its health arm (20 at headquarters).

March 10: Suffering from plummet in building and aerospace sectors, United Technologies ( UTX - news - people ) reduces workforce by 5% (11,600 jobs globally).

March 6: Deere & Co. ( DE - news - people ) fires 325 employees at plants in Iowa on weak construction equipment demand.

March 4: Northrop Grumman ( NOC - news - people ) targets administrative positions in California with 750-worker layoff.

March 4: Heil--a subsidiary of Dover ( DOV - news - people ) that makes waste and recycling trucks--cuts 180 jobs.

March 4: General Dynamics ( GD - news - people ) pink-slips 1,200 as turbulence in the aerospace sector continues.

March 3: U.S. Steel ( X - news - people ) closes two plants in Ontario, affecting 1,500 jobs and sparking frustration in Canadians over "U.S. protectionism."

March 3: FirstEnergy ( FE - news - people ) reduces non-union staff by 4% (335 workers) to reduce costs.

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