Fifty thousand job losses in two weeks.
It has been a grim two weeks around the world with plenty of big name companies letting go employees. Below are just a summary of the ones that caught the news.
Russia’s AvtoVAZ plan to layoff 27000 employees to improve performance at a factory that has been clobbered by the sharp drop in demand for cars.
OCI Chemical Corp layoffs 38 employees
Ashland Inc plans to cut 1800 jobs
True Textile layoffs 84 workers

Verizon Communications cuts 8000 jobs

GE Consumer & Industrial to close Kentucky plant 125 jobs lost

ATK Space Systems to cut 450 jobs in October

Contec Holdings layoffs 132 workers

Hartford Financial Services cuts 270 jobs
Portola Tech International layoffs 130 employees
IMS Health plans to cut 850 jobs
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Air Products and Chemicals to cut 1150 jobs

Minerals Technologies plans to cut 200 jobs

Stanley Works cuts 200 jobs worldwide
Flash Networks layoffs 40 cuts salary for others
Bell Helicopter layoffs 150 workers in Canada
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Branson Ultrasonics to close Honeoye Falls plant 46 jobs lost
GE Oil and Gas layoffs 93 employees
Law firm Dechert cuts 25 jobs
American Coal Company layoffs 37 workers

Siemens plans to cut 1400 jobs in Europe
Avon to cut 1200 jobs
Pratt & Whitney to cut 1000 jobs in Connecticut

Yahoo to cut 675 jobs
Alliance Resource Partners layoffs 72 employees
Assurant Employee Benefits plans to cut 91 jobs
Hardinge layoffs 50 workers
Intel plans to layoff 294 employees in Ireland
US Airways plans to cut 34 jobs at General Mitchell International Airport
Belden to close Mass. plant lay off 170
Erica Lyons to lay off 75 close Miami facility
Continental Airlines cuts 1700 jobs
Gemini Manufacturing Corp to layoff 81 workers
Carlisle Tire & Wheel to close North College Street plant 340 jobs at stake
Cygnus Business Media cuts 50 jobs
Buckeye Partners layoffs 260 employees
Microdyne to close Groveport center layoffs 78
Arizona Attorney General’s Office cuts 29 jobs

Kimberly-Clark cuts 750 jobs
D.C.’s Department of Mental Health layoffs 120 employees
Harley-Davidson Financial Services cuts 100 jobs
Source: Layoff Tracker
Total losses = 50392
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