The Klaus Kneale Pink-Slip List (P-SL) for February 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Feb. 13: Wal-Mart Stores (nyse: WMT) closes return center and lays off its 400 employees.
Feb. 11: United Technologies (nyse:UTX) jet engine subsidiary Pratt & Whitney Canada cuts 10% of workforce (1000 workers).
Feb. 11: W.W. Grainger (nyse: GWW) cuts 400 jobs across the company on poor sales.
Feb. 11: Caterpillar (nyse: CAT) offers voluntary early retirement to 2000 workers, on top of some 22000 layoffs from last month.
Feb. 10: News Corp (nasdaq: NWS) fires 65 at its U.K. national newspaper titles.
Feb. 10: U.S. Airways Group (nyse: LCC) cuts 233 ramp workers, gate associates and ticket agents in response to reduced flying.
Feb. 10: Nike (nyse: NKE) reduces workforce by up to 4% (1400 workers) as it restructures.
Feb. 10: General Motors (nyse: GM) cuts 10000 workers and reduces pay for most of its remaining white-collar workers.
Feb. 10: General Electric’s (nyse: GE) transportation arm fires 1550.
Feb. 10: Wal-Mart Stores (nyse: WMT) pink-slips 800 at its headquarters to trim spending.
Feb. 9: Emerson Electric (nyse: EMR) lays off 14000 following 7000 dismissals since October of last year.
Feb. 6: Weyerhaeuser (nyse: WY) shuts down veneer and lumber mills in Alabama, affecting 300 workers.
Feb. 5: Estée Lauder (nyse: EL) fires 6% of workforce (2000 employees) as part of a four-year restructuring plan.
Feb. 5: Fortune Brands (nyse: FOPRA) subsidiary MasterBrand Cabinets lays off a third of its workers at its Oregon plant.
Feb. 5: The Wall Street Journal–owned by News Corp. (nyse: NWS)–cuts 25 positions from newsroom.
Feb. 5: Botox maker Allergan (nyse: AGN) offers first-ever consumer rebate on its wrinkle killer, posts quarterly profit decline and cuts 5% of staff (460 workers).
Feb. 4: Time Warner Cable (nyse: TWC)–84% owned by Time Warner (nyse: TWX)–dismisses 1250 on bad fourth-quarter results.
Feb. 4: Cisco Systems (nasdaq: CSCO) CEO John Chambers says revenue will be down more than expecting and pink-slips 2000 workers.
Feb. 3: Huntington Bancshares (nasdaq: HBAN) freezes salaries, cuts bonuses and 401(k) matching for employees, and fires 500.
Feb. 3: PNC Financial Services (nyse: PNC) cuts 5800 jobs following the purchase of National City (nyse: NCC – news – people ).
Feb. 3: Comcast (nasdaq: CMCSA) reduces management and “professional-level” ranks by 50 jobs.
Feb. 3: Electronic Arts (nasdaq: ERTS) increases previously announced layoffs by 100.
Feb. 2: Goodrich (nyse: GR) fires 35, but doesn’t expect anymore layoffs.
Feb. 2: Macy’s (nyse: M) cuts dividend and capital spending, reduces contributions to retirement plans and pink-slips 7000 workers.
http://www.forbes.com/2009/02/05/february-layoffs-fires-lead-cx_kk_0109february09layoffs.html
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically each day to your feed reader. Alternatively you can follow us on Twitter.
