Motor
SAAB GB goes into administration.
Source: Mary Vancura, Business-Sale.com
Bosch axes 900 employees at Miskin Cardiff plant.
A struggling car parts factory is set to close at a cost of 900 jobs. dealing a further blow to British manufacturing, the decline of which has been accelerated by the recession.
Many thousands of jobs have been lost in the sector, concentrated on traditional industrial areas in Wales, northern England and the Midlands.
Bosch said the decision followed a 45 per cent fall in demand for alternators for luxury vehicles. Remaining production will be transferred to a sister plant in Hungary next year.
An official for the German manufacturing business said the decision to close the Miskin plant near Cardiff was a symptom of the group’s wider difficulties. The company expects to announce its first annual loss in 60 years in April.
Total losses = 900
Source: FT.com
Over 1800 employees to go at Vauxhall UK!
The news is varied, but it seems that over 1800 jobs are at risk at Vauxhall UK. This follows the news that the new owners Magna are letting go over 11000 jobs worldwides. The cuts will take place at Luton and Ellesmere Port. Further jobs are likely at other sites.
Germany: 4116
Belgium: 2517
Spain: 2090
UK: 1373
Poland: 437
Austria: 0
Hungary: 0
Italy: 0
Total losses = 1800
Related Web Links:
Is it me or are there less job losses?
For those who visit regularly you may have noticed that we are not updating or creating posts everyday. This is mainly because there do not seem to be as many companies laying off people such as they were 6 months ago.
Source: Layoff Tracker
Whyte & Mackay cuts 85 jobs
State of Pennsylvania layoffs 250 employees
Engineering firm CHA layoffs 57 employees cuts salary
German utility company E.ON plans to cut 2000 jobs
Artex Aircraft Supply layoffs 113 workers
RM International layoffs 109 workers
Crow Tribe layoffs 200 employees
Ulster Bank cuts 250 jobs
Ballard Power cuts 85 jobs
Terex Corporation cuts 170 jobs
Trinity Marine Products layoffs 235 employees
Korea’s Ssangyong Motor finalizes 2600 layoffs
VSP cuts 43 jobs
Miami Herald Media Company cuts 34 jobs
Total losses = 6231
The Klaus Kneale Pink-Slip List (P-SL) for July 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job Losses = 15840
July 29: UAL Corp. lets go of 50 in Missouri.
July 29: General Electric fires another 190 in Indiana.
July 29: Intuit dismisses 120 nationwide.
July 27: General Electric dismisses 93 employees from an oil and gas facility in Wisconsin.
July 27: Verizon Communications fires 8000 workers from its wireless business.
July 23: Air Products and Chemicals fired 1150 workers.
July 21: Continental Airlines lets go of 1700 employees.
July 17: Boeing lays off 130 workers in Alabama.
July 16: Harley-Davidson fires 1000 workers from its operations in the states of Wisconsin, Illinois, and Missouri.
July 16: Cisco Systems lets go of 700 workers from its headquarters in San Jose, CA.
July 14: Norfolk Southern lays off 84 workers from one of its Alabama rail yards.
July 13: Navistar International dismisses 275 workers, most of them from Mississippi.
July 8: AGCO Corp. lays of 154 workers in Kansas.
July 6: The 3M Company lets go of 200 workers in Massachusetts.
July 1: The Dow Chemical Company cuts 2500 jobs. The layoffs are a result of the company closing three Louisiana plants.
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
Jaguar Land Rover to sack 300 at Halewood Plant.
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UKCV: Jaguar Land Rover is to make 300 job cuts at its Halewood Plant on Merseyside, and further production shutdowns are possible. In a statement today the company said:
Jaguar is to cease production of its X-Type vehicle at the Halewood Plant on Merseyside at year end, with the loss of up to 300 further jobs by voluntary means. We also expect the need to take a further three weeks or more of shutdown of the Halewood plant over the balance of this year, starting in September, because of ongoing weakness in the market.
Total losses = 300
Source: PM Online
Navistar sack 275 workers
Navistar International Corp., the largest maker of blast-proof trucks for the U.S. military, will lay off 275 workers at a Mississippi plant because of declining production of the vehicles.
Navistar lost out on a $1.06 billion contract with the U.S. Defense Department last month to build all-terrain trucks that would protect troops in Afghanistan from roadside bombs, to Oshkosh Corp., which received that order.
Total losses = 275
1 week 55 companies lay off 20000+ people.
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
Job losses imminent at Mercedes (F1).
News is surfacing that at least 50 workers at its high performance plant in Brixworth, England. are to be made redundant. The German manufacturer, which provides engines for Force India and Brawn as well as McLaren, has stated that Formula One’s 2009 rule changes are the reason for the cuts.
Mercedes returned to F1 in 1994 providing the Sauber team with powerplants and started its ongoing partnership with McLaren – which now sees the marque a majority shareholder of the team – the following year. However, with new technical regulations for 2009 deeming that engines must last for three race weekends rather than two and with only eight units on offer per driver for the season, the Northamptonshire-based company no longer requires such high output.
GM file for chapter 11 bankruptcy.
General Motors has finally filed for Chapter 11 bankruptcy after weeks of speculation, bidding wars etc.
The restructuring is suspected to change GM in a big way, with over 20000 US workers likely to lose their jobs as GM streamlines its operations. GM currently has 173000 employees across the US, Canada and Mexico.
US Chapter 11 bankruptcy protection gives an American company time to restructure its finances while being protected from its creditors.
US Taxpayers will end up with a 60% stake in GM, with the union, its creditors and federal and provincial governments in Canada owning the remainder of the company.
Video from WPRI.com
Layoff Tracker – Thursday Crunch Victims.
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
Fiat Supplier Oerlikon-Graziano Plans 1370 Layoffs.
Fiat SpA (F.MI) supplier Oerlikon-Graziano plans to lay off half of its staff working in eight Italian plants due to the sharp auto sector downturn. Oerlikon-Graziono announced plans to lay off 1370.
Total losses = 1370
Guardian Industries Corp. laying off 130 plant workers.
Guardian Industries Corp. plans about 130 layoffs at its car window plant in Ligonier. Guardian said it did not know how long its layoffs would last because of the uncertainty surrounding Chrysler’s bankruptcy filing and General Motors Corp.’s factory shutdowns.
Total losses = 130
General Motors (GM) to lay off 21000 jobs in the US.
USCV: Back in February they cut 10000 jobs, now the plan is to reduce GM’s debt by £30 billion before the 1st of June, which is the deadline set by President Obama to revamp its business. For GM to do this, they need to:
- Cut 21000 jobs from their workforce. These job losses will take place over the next year.
- The plan also includes an offer to swap roughly $27 billion in bond debt for GM stock, would leave current shareholders holding just 1 percent of the century-old company.
If the plan or debt exchange isn’t successful GM will file for bankruptcy protection somewhere around the 1st of June 2009. (not much time!).
Job losses = 21000
