Crunch Victims » Construction

Corus lets go another 2000 workers.

Cruvic — Fri, 26 Jun 2009 09:20:28 +0000

Corus plans to cut a further 2000 jobs in Britain’s industrial heartlands. 500 jobs are to go in Scunthorpe and 800 in Rotherham, both towns in northern England.
Earlier this year Corus axed 2500 jobs.

Total losses = 2000
Total losses so far = 4500

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1 week 55 companies lay off 20000+ people.

Cruvic — Mon, 15 Jun 2009 21:27:48 +0000

Girtz Industries to layoff 60 in Indiana.
Boston Redevelopment Authority to cut 30 job.
Watson Pharmaceuticals cuts 275 jobs.
Vacumet Corp layoffs 39 employees.
Volunteer Fabricators cuts 145 jobs.
Lockheed Martin to cut 535 jobs in San Jose.
CUNA Mutual Group cuts 52 jobs.
Guardian Life Insurance layoffs 39.
Premier Elkhorn Coal Company cuts 100 jobs.
United Methodists eliminates 50 minutes.
Transcontinental layoffs 250 workers.
General Motors cuts 38 Missouri dealers, 66 Illinois, 887 workers in Wentzville.
Symmetricom layoffs 30.
Frontier Financial Corp cuts 45 jobs.
Cessna to cut 1300 more jobs.
American Airlines cuts 1600 jobs.
UTStarcom cuts 2300 jobs worldwide.
Carlson Craft layoffs 114.
Shaw Group to cut 168 jobs by August.
Zimmer Holdings layoffs 100 in Warsaw.
H&H Foodservice Inc cuts 90 jobs.
Reynolds Packaging layoffs 158 employees.
Indevus Pharmaceuticals cuts 60 jobs.
Heifer International plans to layoff 20% of workforce.
Design Craftsmen layoffs entire workforce.
Cadence Design Systems cuts 225 jobs.
Meridian Automotive Systems cuts 200 jobs in India.
Ixia layoffs 10% of workforce.
Metalcraft closes Mayville facility, 121 jobs lost.
Quantum Engineering layoffs 88.
Crystal Dynamics cuts 25 jobs.
Keystone Findings closes Telford operations, 46 jobs.
Bass Berry & Sims layoffs 32 employees.
Ford Motors layoffs 350 workers at Louisville Plan.
Baxter Healthcare layoffs 65.
Advanced Steel layoffs 91 employees.
MeadWestvaco cuts 65 jobs in Wisconsin.
Lloyds Bank cuts 1660 jobs.
Ericsson layoffs 167 workers.
Capital Group layoffs 94 in San Antonio.
McAvoy Group layoffs 35, as the companies struggles with a slump in orders.
LM Glasfiber layoffs 80 workers.
Orgill Inc cuts 176 jobs.
Electrolux cuts 150 jobs.
Dassault Falcon layoffs 111 employees.
Suzlon might layoff 90 employees.
Lehigh Phoenix layoffs 54 employees. Lehigh Phoenix is the principal provider of cover components, overhead transparencies and juvenile book production for the publishing industry in the United States.
Intuit cuts 4% of workforce.
Georgia Gulf Corp cuts 100 jobs.
Newport Television cuts around 120 jobs.
Columbia Falls Aluminum closes plant, 90 jobs lost.
Nortech Systems layoffs 57 in Iowa. Nortech makes electronics equipment such as printed circuit-board assemblies, for three primary markets: aerospace/defense, medical and industrial.
One Communications Corp layoffs 60 in Rochester.
American Express to cut 4000 jobs this year. The credit card and travel services company, plans to eliminate 4000 jobs, or 6 percent of its workforce, as the weakened economy causes higher customer defaults.

Total losses = +- 20000

Usiminas to layoff 810 employees because of a slump in demand.

Cruvic — Tue, 26 May 2009 19:08:02 +0000

Brazilian steel group Usiminas will cut 810 employees, or 6% of its workforce, by the end of May as it shut three of its five blast furnaces because of a slump in demand. Usiminas, which operated at 50% capacity during the first quarter, announced a voluntary layoff plan early in May, but only 516 workers took the company’s offer.

Total losses = 810

ArcelorMittal to layoff 116 employees at Monessen plant

Cruvic — Tue, 05 May 2009 21:17:20 +0000

Steelmaker ArcelorMittal has informed the state of Pennsylvania that it will “substantially reduce” the work force by 116 employees at its Monessen plant.

Job losses = 116

2500 more job cut at Caterpillar.

Cruvic — Tue, 17 Mar 2009 18:16:02 +0000

Most of this latest round of job cuts involves two plants in Illinois: East Peoria which builds dozers and pipelayers and Aurora which make and excavators and wheel loaders.

The losses are across the board ranging from white collar staff to production workers and come on top of 25000 layoffs already announced.

Caterpillar, are the world’s largest maker of construction and mining equipment.

Job losses = 2500

Wrekin Construction Group placed into administration.

Cruvic — Wed, 11 Mar 2009 12:00:36 +0000

It seems Wrekin, which was established in 1960, is about to go into administration because RBS will not lend them a short-term loan of £2million.

The bank has refused, despite being 70 per cent owned by the Government and having recently accepted a bailout of £20billion in taxpayers’ cash.

A spokesman for the building firm said:

Wrekin has an overdraft facility of £4.25million and we were overdrawn by £2.8million. However, winding-up petitions have resulted in the accounts being frozen. The current order book, up to the beginning of March 2009, was £40million. Today, we have received two new orders, each valued at £5million a year for the next five years.

Possible job losses of 500 people.

Atkins to trim the workforce by 1000 people.

Cruvic — Wed, 11 Feb 2009 15:46:07 +0000

Atkins is letting go around 5% or 1000 people by the end of March. Atkins is involved in the planning, design and enabling of complex capital projects.

They have already shed a few jobs around the world namely;

260 job losses in the UK design business.

200 job losses in the Middle East.

Job losses = 1000

Steelmake Corus lets go 2500 UK employees.

Cruvic — Mon, 26 Jan 2009 08:13:46 +0000

Corus, the largest British Steelmaker, confirmed that it was shedding 2500 jobs as a result of the CEDT.

The company said today’s measures would improve profits by more than £200 million.

How can the company be talking profits when they are firing 2500 people? That statement does not make sense.

“I know this will be extremely distressing to the people affected and we will do everything we can to minimise the impact and help them find another job.”

WHERE, WHERE, WHERE?

Job losses: 3500 (2500 in the UK).

Brazil loses 654000 jobs in December amid crisis.

Cruvic — Sun, 11 Jan 2009 23:55:17 +0000

As quoted from Chris Martenson.com

SAO PAULO, Brazil (AP) – Brazil’s Labor Ministry says the country lost 654000 jobs in December as the international financial crisis slammed Latin America’s largest economy. The loss for the month was the worst on record since May 1999. The hardest hit sectors were industry, agribusiness and construction.

Labor Minister Carlos Lupi said Monday that the job losses were a direct impact of the global crisis.

Total losses = 654000