Crunch Victims » Law

Fifty thousand job losses in two weeks.

Cruvic — Wed, 29 Jul 2009 21:29:36 +0000

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

Law Firms Layoff List – June 2009.

Cruvic — Tue, 30 Jun 2009 23:07:01 +0000

USCV: Law firms that have let go staff in the Month of June are listed below (this list will be updated as more companies become known):

* Barlows Clyde & Gilbert (49 staff)
* Bass Berry (10 attorneys, 22 staff)
* Clifford Chance (10 attorneys)
* Cravath (25 attorneys)
* Dorsey & Whitney (55 staff)
* Dykema (17 attorneys, 30 staff)
* Honigman Miller (11 attorneys)
* McDermott Will & Emery (25 attorneys, 47 staff)
* Miller Canfield Paddock and Stone (13 attorneys)
* Paul Hasting (25 staff)
* Simpson Thacher (10-20 staff)

Total losses = 150 attorneys, 248 Staff

Source: Inhouse Insider

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

Crunch victims for first week of June 2009.

Cruvic — Fri, 05 Jun 2009 17:58:39 +0000

Here is a sample of job losses, layoffs, and people being fired for various reasons during the first week of June 2009. Not a good sight to see.

Machester Tank closes plant, 66 jobs lost
Fort Wayne Foundry Corp cuts 461 jobs
Harsco Corp cuts 90 jobs

Nearly 100 Turner Industries contract maintenance workers were laid off from the Georgia Gulf plant in Plaquemine
Lockheed Martin layoffs 100 employees
10000 jobs under threat at Royal Dutch Shell
Multiserv layoffs 90 employees
Volvo USA cuts 135 jobs

Southco Inc. laid off 200 employees throughout its global network Wednesday, including 69 at its Delaware County headquarters. The general economic conditions were the cause of these reductions.

Penske Logistis layoffs 53 truck drivers
Nestor Traffic Systems goes into receivership, more than 100 jobs at stake
ABB cuts 25 jobs at Jefferson City plant
Trane Inc will layoff 320 at Pueblo plant by August
Barlow Lyde & Gilbert layoffs 49 in England
McDermott layoffs 25 lawyers and 47 staff
Satyam may layoff only 5000
Philips Products closes Stayton plant, 125 jobs lost
Call centre operator MCCI layoffs 450
University of Colorado cuts 75 jobs
Paragon Industries cuts 105 jobs
Tree of Life layoffs 39 jobs
Hardigg Industries cuts 50 jobs
AGCo cuts 60 jobs
Rheem Manufacturing cuts 470 employees

Aegon USA a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positions from its Louisville offices at Aegon Tower.

Emerson lays off 176 in Minnesota
Capital Group cuts 820 jobs
Principal Financial Group cuts 220 jobs
Ken-American Resources layoffs 75 employees
Fidelity Investments layoffs 45 in Merrimack
Dorsey & Whitney cuts 55 jobs
Harris Corp layoffs 100 mechanical engineers

Waukesha Engine cuts 113 jobs. The layoffs, plus the 84 layoffs and 17 early retirements in February, account for 40 percent of the plant’s union members. The company blames the Economic Downturn has affected their product so they are trying to align their work force.

Wausau Paper closes Appleton facility, 100 jobs lost
John Deere layoffs 494 workers at Iowa plant
Nanogen layoffs 89 employees
Suzuki & Mitsubishi car delarships to close in Hernando County, 80 jobs lost
Autodesk Inc to cut 430 jobs in latest round of layoffs
Metlife layoffs around 250
Greenwich Hospital layoffs 77 employees

Plenty of crunch victims as May comes to an end.

Cruvic — Fri, 29 May 2009 12:11:19 +0000

The following list was sourced from Layoff Tracker. Just some of the companies laying off people in the past two days.

AG cuts 16% of work force.
Arctic Cat layoffs 60.
Young Touchstone layoffs 140.
HP to layoff 850 in Scotland.
Gevity layoffs 50 including CEO CFO & CIO.
Allstate Insurance cuts 55 jobs.
Cookson Group cuts 21% of workforce.
Sovereign Bank layoffs 81 in Rocky Hill.
Catalyst Paper layoffs 100.
Harris Bankcorp layoffs 60 managers.
Saint Joseph Mercy Health System plans to cut 350 jobs.
Gulfstream Aerospace cuts 25% of work force.
Rosemount Inc layoffs 80.
Metabasis cuts 35 jobs in Michigan.
Metlife has laid off 1000 till now.
Usiminas cuts 1300 jobs.
Herbert Smith layoffs 84 in London.
ABB cuts 540 jobs in France.
Siemens cuts 1000 jobs.

Layoff Tracker – Thursday Crunch Victims.

Cruvic — Thu, 14 May 2009 21:01:22 +0000

It’s been a busy old day in the world of job loss.

Hunton & Williams has announced that 23 associates and counsel and 64 staff members have been laid off. The cuts, announced in a firmwide e-mail distributed Thursday morning, are spread across practice areas and offices. They affect two percent of the Richmond-based firm’s 1000 lawyers and six percent of its staff. Today’s cuts are Hunton’s first round of layoffs since the start of the downturn.
Faced with huge losses, rising debts, India’s second largest air carrier by market share, Jet Airways has axed its 120 foreign airhostesses from its 3000 cabin crew in a bid to save on costs. This new round of axing cabin crew, comes close on the heels of Jet Airways terminating contracts of about 60 cabin crew, who were on probation, and another 50 employees who have superannuated, early this month as the airline moved to cut cost and stay trim. See Related Link: India’s domestic airlines to cut 2500 jobs.
In yet another sign of the troubled economic times, a well-known intellectual property boutique Fish & Richardson is laying off 35 lawyers and 85 support staff.
MeadWestvaco Corp. is closing its beverage packaging plant in Wilmington, putting 105 people out of work, the Virginia-based company announced.
Polish media group Agora AGOD.WA is increasing staff cuts to 400 after falling circulation and dwindling advertising revenues.
German auto parts manufaturer Schaeffler Group KG announced that it could axe up to 4500 jobs in Germany as part of restructuing efforts to save 250 million euros (US$340 million) as the global economic crisis cuts deeply into auto sales.
Toledo-based Dana Holding Corp. has laid off 115 of the 280 employees working at its Fort Wayne axle plant, were in response to Chrysler LLP’s shutdown of plants that make Jeep Cherokees and Wranglers.
ArcelorMittal officials have announced plans to layoff nearly 1000 workers at the steelmaker’s Indiana Harbor plant. The sagging economy, particularly the deep slump in auto manufacturing, has caused steep declines in demand for steel — less than a year after domestic steelmakers had recorded some of their highest revenues in history.
After earlier layoff announcements concerning attorneys in its United States, Asia and Dubai offices, DLA Piper is now officially wielding the ax in the United Kingdom with 24 “fee-earners” and 100 support staff going.
Freescale Semiconductor, Texas-based computer chipmaker, has decided to retrench around 250 professionals at its Bangalore centre, as the company seeks to lower its operational costs by shutting down several manufacturing units across the globe and trim its payroll.
Seagate Technology said that it plans to cut about 1100 jobs from its workforce in a move the computer storage maker expects will reduce costs by about $125 million a year.

Total losses = 8131

Source: Layoff Tracker

100 Michigan State Police troopers to be laid off.

Cruvic — Sun, 10 May 2009 19:30:12 +0000

Michigan State Police will lay off 100 troopers due to the recently announced budget cuts. State police trooper levels are now at their lowest since the 1970s.

Total losses = 100

Fenwick & West lays off 15 lawyers.

Cruvic — Thu, 07 May 2009 13:33:05 +0000

The Mountain View-based tech firm said the 15 attorney cuts were necessary because the 17-month recession continues to damage its business. The layoffs, which affected associates, came in the firm’s corporate, intellectual property and litigation practices. The firm also laid off seven staff members. (Source: Business Times)

Job losses = 15

Thompson & Knight Lays Off 42.

Cruvic — Wed, 06 May 2009 14:05:24 +0000

Due to the dismal economy, Thompson & Knight laid off 17 associates and 25 support staff yesterday. The cuts were made in multiple offices of the Dallas-based law firm and focused on real estate and other corporate practice groups impacted by the sudden shortage of bank lending. (Source: Corner Attorney)

Total losses = 42

Law Firms Layoff List – April 2009

Cruvic — Thu, 30 Apr 2009 10:37:12 +0000

WCV: Here is a smaller list for the month of April. Below are the confirmed layoffs for April. Obviously there are a lot more firms getting rid of staff, but unless I can confirm numbers, only the companies that have published will be displayed. (This is a work in progress post).

Perkins Coie Cuts 12 Associates, 26 Staffers, April 14, 2009
Baker & McKenzie Eliminates 124 Legal and Non-Legal, April 7, 2009
Hogan & Hartson let go 93 Staffers, April 2, 2009
Mayer Brown Cuts 135 Lawyers, Staff Across US, April 2, 2009