More Monday blues for hundreds of credit crunch victims.
- Park Nicollet Health Services annouced today they were laying off 233 workers and would not be filling another 69 open positions. The reductions which take effect from Friday, represent 1.8 percent of St. Louis Park-based Park Nicollet’s work force. A decline in services has seen investment suffer, although most believe the recession is to blame.
- Georgia-Pacific say they will lay off 39 hourly employees by mid-May.
- General Motors Corp. started firing 1600 white-collar workers Monday in order to qualify for more government loans (doesn’t make sense now does it?). GM has said it will eliminate 47000 jobs worldwide by the end of 2009, but the cuts may go even deeper as the company moves toward its deadline.
- Renewable Environmental Solutions, last month filed for Chapter 11 in bankruptcy court in New York and today laid off about 50 employees at the plant. Read the story.#
- Legg Mason laid off 40 admin and support workers, including 5 at its Baltimore HQ.
- Herbert Smith is to cut up to 84 members of staff from it London office and is also reversing all associate pay bands.
- The DSM chemical plant is cutting 80 people to cut costs, effective at the end of June.
- The Quincy school district announced its second and final round of cuts. 15 employees were honorably dismissed who worked as educational support personal. That includes library staff, computer staff and paraprofessional personal.
- Tele Atlas, a New Hampshire-based company that makes digital maps is laying off 120 employees at its Lebanon headquarters and 140 jobs in North America.
- It has been reported in The Herald Journal that 27 lecturers and research lab workers who have lost their jobs at USU in the latest round of cuts.
- Sun-Times Media Group Inc. has cut about 140 jobs companywide as it tries to trim costs during its bankruptcy reorganization. The cuts, which affected both managers and non-managers, amounted to about 10% of the company’s non-union staff.
- Robert Bosch Corp. announced Monday that 225 workers from its North Charleston plant would be laid off.
Total losses = 2798
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.
