Source: BBC News
Drugs giant GlaxoSmithKline is expected to announce plans to axe up to 4000 jobs this week as part of its ongoing restructuring. It is thought the majority of the cuts will be made to its European and US workforce, as the group shifts its focus to emerging markets.
Glaxo is expected to announce the planned job cuts alongside its full-year results on Thursday, when it is thought the group will report a return to annual profits growth, following an 11% fall during the previous financial year, boosted by sales of its swine flu vaccination.
Source: The Press Associated.
Total losses = 4000
8000 more jobs are to be slashed across Astra-Zeneca’s global operations under a sweeping job cuts programme that has already seen 12,600 roles axed at the pharmaceuticals giant.
The jobs will go over the next four years across global functions, including sales and marketing, business infrastructure, research and development and the supply chain.
Related Stories: GlaxoSmithKline expected to axe 4000 jobs.
Total losses = 8000
Source: Layoff Tracker
Taylor Bean & Whitaker shuts down, 5000 jobs at stake.
Alcoholic drinks manufacturer Altia furloughs 650 (all) employees.
Neste Oil announces 450 layoffs.
University of Iowa Hospitals and Clinics cuts 285 jobs.
Katana Summit layoffs 70 workers.
Kindred Healthcare layoffs 573 employees in Florida.
Bobcat Company plans to layoff 100 workers.
Analogic Corp layoffs 85 workers.
Insurance giant Axa Life plans to cut 350 jobs.
IBM Global Business Services Division cuts 200 jobs.
Celanese Corp plans to layoff 100 workers.
GKN Plc to cut 1100 jobs in 12 months.
Milwaukee Journal Sentinel cuts 92 jobs.
Seagate layoffs 2000 workers in Singapore.
PNC Financial Services cuts 74 jobs in Miami.
Mohawk Industries cuts 400 jobs in Georgia.
Patriot Coal to layoff 314 workers.
Ticona Polymers to layoff 100 workers in Cleveland .
KV Pharmaceutical layoffs 300 workers .
Virginia International Terminals layoffs 90 employees.
Rainbows United layoffs 70 employees.
Total losses = 12313
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
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job Losses = 19247
April 28: On top of 1850 layoffs announced in January, Clear Channel slashes 590 jobs, bringing cuts to 12% of its original workforce total.
April 27: Lockheed Martin dismisses 225 in New York; cites lost business for Presidential Helicopter Program.
April 27: PPG Industries lays off 110 at fiberglass plant in North Carolina.
April 27: CSX fires more than 150 at New York rail yard.
April 27: General Motors increases originally planned cuts to its U.S. hourly workforce by 8000.
April 24: Carrier Corporation a subsidiary of United Technologies cuts 140 hourly workers.
April 23: Embarq closes call center in North Carolina and dismisses 51 workers.
April 22: Philip Morris International closes North Carolina cigarette plant and fires 1100 workers.
April 22: T. Rowe Price Group reduces workforce by 5.5% (288 jobs), hitting all areas of the company except portfolio managers.
April 22: Capital One Financial cuts 60 employees in its credit card division.
April 20: Brown-Forman Corp. pink-slips 250 workers, or 6% of its global workforce.
April 21: Yahoo! reports 78% drop in first-quarter profit and 5% cut in global workforce (roughly 675 employees).
April 20: Nordstrom cuts 72 jobs in Iowa and Washington.
April 18: Weyerhaeuser closes trucking division in Oregon and cuts 75 jobs.
April 15: Emerson Electric subsidiary in Tennessee fires 200 workers at plant that makes industrial generators.
April 14: Discover Financial Services blames credit losses for 4% workforce reduction (500 jobs).
April 14: Deere & Co. combines two units resulting in 200 pink-slips.
April 13: General Electric fires 100 workers at plant in North Carolina on reduced demand for the plant’s products.
April 9: General Electric’s health care arm fires 179 in Wisconsin.
April 9: Johnson & Johnson cuts 900 jobs in its U.S. pharmaceuticals division as competition in drugs pushes prices down.
April 8: Eastman Chemical notifies 300 employees of layoff; 200 of the cuts are in Tennessee, where the company is based.
April 8: Navistar International pink-slips 350 workers at plant in Ontario.
April 8: Deere & Co. fires 160 workers in Iowa factory in latest of ongoing cuts.
April 6: Weakness in solar power forces General Electric to layoff 85 at solar-panel plant in Delaware.
April 6: Procter & Gamble dismisses 90 workers at Puerto Rico plant that makes skin care products and cold medicine.
April 3: FedEx fires 1000 following a 75% drop in third-quarter earnings announced last month.
April 3: Walt Disney Co. cuts 1900 jobs 1200 people and 700 empty positions at its U.S. theme parks.
April 2: Rite Aid closes a distribution center in Georgia and lays off 297 workers.
April 1: 3M slashes global workforce by 1.5% (1200 jobs) following a December cut of 2300 workers.
We should know the full extend of the job cuts at GSK. It’s widely reported that up to 10000 jobs could go. The pharmaceuticals company is thought to be planning a worldwide employee cut, potentially including some UK staff, as the industry faces growing challenges from cheap generic medicines, according to reports in Sunday newspapers.
Total losses = 6000 to 10000
If losing 3500 jobs from Corus was bad enough the following companies also announced job losses:
- Adams let go 267 people. They went into administration last year.
- Barrett & Priceless the shoe chains look like they are in big trouble. They employ over 5400 people. They have called in one of the big four administrators (Deloitte’s), that in itself is a big clue.
Over in the USA¬† a total of 48000 jobs were lost today, a lot of them from big named companies:
- Caterpillar, the world’s largest heavy equipment maker announced Monday it was slashing up to 5000 jobs.
- Pfizer announced cost cuts that will include slashing about 8000 jobs.
- Sprint Nextel said it would be eliminated about 8000 positions in the first quarter as it seeks to cut annual costs by $1.2 billion.
- Home Depot said it would reduce about two percent of its associates, or about 7000 jobs.
- General Motors slashes 20000 jobs at plants in Michigan and Ohio as the recession slams sales of its vehicles.
- Dutch banking and insurance group ING announced 7000 job cuts.
- Philips, Europe’s largest Electronics manufacturer said it was cutting 6000 jobs globally.
Quoted from the Evening Leader
Wockhardt UK Ltd, based on the Wrexham Industrial Estate, blames the global Economic Downturn for the decision to make 18 workers reedundant. The news was delivered to members of the night shift when they turned up for work last Thursday evening. They were told 18 of the 20-strong shift would have to lose their jobs.
Job losses: 18
The company behind viagra are to cut a further 800 jobs (240 jobs from the Kent factory).¬† The world’s largest pharmaceutical company by sales has let go 13,500 people since its restructuring in 2007.
Job losses: 240
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