Companies laying off employees week ending 27/03/2009.
It’s been another turbulent week around the world with many companies laying off people. Nothing like bad news to start off a fine weekend.
Had a chuckle when I saw this poster recently. Apparently it was posted on a pole outside of Holburn Station. Sir Fred is really getting the rough end of the stick (and rightly so, the big crook).
- Google let go 200 of their workers in a surprise “Second Round Of Layoffs”.
- Nelson Pine Industries confirmed they were making 57 workers redundant. Based in New Zealand, NPI manufacturers laminated veneer lumber and medium density fiber board. They blamed new technology on the lay offs.
- The New York Times are laying off 100 people.
- Heidelberger Druckmaschinen AG who produce printing presses will be laying off 2500 workers in Germany this year it was announced on Thursday.
- The Canadian Broadcasting Corporation (CBC) are to make 800 staff redundant.
- Bank of America cut 150 employees from its Merrill Lynch Global Wealth Management.
- Old Second National Bank laid off 62 employees.
- Insurance firm Legal and General is set to make 650 redundancies
- Churchill Financial cut one-third of its employees.
- Freeport Financial laid off (19 unconfirmed) most of its 23 employees.
- Madison Capital laid off 7 employees.
- Dymas Capital laid off 10 employees.
- Edwards Angell Palmer & Dodge are laying off 60 employees.
Total losses = 4615
Here is a list by the New York Times. They are tracking job losses in the New York and surrounding areas.

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