Chemicals
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
Power-One cuts 300 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
Amgen layoffs 100 employees
Hartford Financial Services cuts 270 jobs
Portola Tech International layoffs 130 employees
IMS Health plans to cut 850 jobs
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
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
2000 more job cuts at DuPont!
Chemicals maker DuPont Co. are to cut another 2000 jobs as part of its cost-cutting plan. Those job cuts are on top of the DuPont 2500 employees and 4000 contractor positions the company had said in December that it would eliminate.
Total losses = 2000.
BASF plans to cut 2000 positions.
BASF a German chemical company plans to lay off at least 2000 workers as it reports nearly 70% decrease in first-quarter net profit compared with the same period a year ago.
Total losses = 2000
Philip Morris to lay off 1100 at their Concord plant.
Philip Morris have said they will close a cigarette plant in North Carolina and put 1100 people out of work by late July 2009, as the company consolidates its manufacturing in Virginia. Philip Morris produces Marlboro and 16 other cigarette brands in the United States.
Total losses = 1100
555 jobs to go at Total after record €13.9 billion euros profit.
Philippe Goebel, managing director of Total Petrochemicals France said the posts would go at the subsidiary’s French plants, offices and research centres.
He said the job cuts were a result of overcapacity in world petrochemical production and promised that the firm would create 100 new jobs in a partnership deal with GDF-Suez to produce solar panels.
Goebel insisted that there would be no compulsory redundancies and most would be through retirements.
But, coming less than a month after the Total parent company said it had made a French record profit of 13.9 billion euros (18.0 billion dollars) last year, the announcement angered both the government and unions.
Total losses = 555
Thursday sees some big company names cut jobs.
Estee Lauder Cos., the maker of Clinique and Bobbi Brown cosmetics, will cut 2000 jobs as declines in makeup and perfume sales reduced second-quarter profit.
The job cuts, which represent 6 percent of the workforce, will occur over the next two years.
Starbucks, the company that spread around the world and infected our towns and villages is not immune to the job lay offs it seems. The head office in Seattle handed out roughly 40 pink slips to human resources and security workers. A further 60 people are to go around the countryside. They are the first layoff notices since the coffee company announced plans last week to close 300 stores and eliminate 6700 positions, including 350 at headquarters. The rest of the Seattle layoffs are expected in the next couple weeks.
A kitchen cabinets manufacturer called MasterBrand has laid off about a third of its workers at a plant in Grants Pass, thats 135 people – another victim of the burst housing bubble.
In Ohio, local chemical company Lubrizol Corp. plans to let go of 170 workers in an effort to save money. Lubrizol will cut 50 jobs at its Wickliffe headquarters, 40 jobs in Brecksville and 4 in Avon.
The Wall Street Journal, one of the last major U.S. daily newspapers to avoid deep cuts to its news gathering operations amid a historic industry downturn, is trimming about two dozen (24) newsroom jobs.
Bombardier Inc., the world’s third largest maker of commercial aircraft, plans to cut 1360 jobs at its aerospace unit, or 4.5 percent of the division’s workforce, as business jet deliveries are projected to drop this year. The company will slow production of its Learjet and Challenger planes amid “greater than usual” deferrals and cancellations for its business planes.
Swiss chemicals firm Clariant slashing 1000 jobs worldwide.
The job losses represent five per cent of Clariant’s workforce and the company, based just outside the city of Basel, warned that more positions could be lost. The company, which operates sites in the north of England, Wales and Scotland, announced this morning that it is taking steps to respond to the Economic Downturn.
Job losses = 1000
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