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	<title>Crunch Victims &#187; Pink-Slips List</title>
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	<description>Global credit crunch, recession, companies in administration, job cuts and losses - There will be many victims.</description>
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		<title>The Klaus Kneale Pink-Slip List (P-SL) for July 2009.</title>
		<link>http://www.crunchvictims.com/2009/07/30/the-klaus-kneale-pink-slip-list-p-sl-for-july-2009/</link>
		<comments>http://www.crunchvictims.com/2009/07/30/the-klaus-kneale-pink-slip-list-p-sl-for-july-2009/#comments</comments>
		<pubDate>Thu, 30 Jul 2009 18:08:12 +0000</pubDate>
		<dc:creator>Cruvic</dc:creator>
				<category><![CDATA[Aeroplane makers]]></category>
		<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Engines]]></category>
		<category><![CDATA[Hardware]]></category>
		<category><![CDATA[Mobile Manufacturers]]></category>
		<category><![CDATA[Pink-Slips List]]></category>

		<guid isPermaLink="false">http://www.crunchvictims.com/?p=2068</guid>
		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p>The following Pink-Slip List (P-SL) was compiled by <strong>Klaus Kneale</strong>.</p>
<p><span style="font-size: large;"><strong><span style="color: #ff0000;">Job Losses = 15840<br />
</span></strong></span></p>
<p>July 29: <strong>UAL Corp.</strong> lets go of <span style="color: #ff0000;">50</span> in Missouri.<br />
July 29: <strong>General Electric</strong> fires another <span style="color: #ff0000;">190</span> in Indiana.<br />
July 29: <strong>Intuit</strong> dismisses <span style="color: #ff0000;">120</span> nationwide.<br />
July 27: <strong>General Electric</strong> dismisses <span style="color: #ff0000;">93</span> employees from an oil and gas facility in Wisconsin.<br />
July 27: <strong>Verizon Communications</strong> fires <span style="color: #ff0000;">8000</span> workers from its wireless business.<br />
July 23: <strong>Air Products and Chemicals</strong> fired <span style="color: #ff0000;">1150</span> workers.<br />
July 21: <strong>Continental Airlines</strong> lets go of <span style="color: #ff0000;">1700</span> employees.<br />
July 17: <strong>Boeing</strong> lays off <span style="color: #ff0000;">130</span> workers in Alabama.<br />
July 16: <strong>Harley-Davidson</strong> fires <span style="color: #ff0000;">1000</span> workers from its operations in the states of Wisconsin, Illinois, and Missouri.<br />
July 16: <strong>Cisco Systems</strong> lets go of <span style="color: #ff0000;">700</span> workers from its headquarters in San Jose, CA.<br />
July 14: <strong>Norfolk Southern</strong> lays off <span style="color: #ff0000;">84</span> workers from one of its Alabama rail yards.<br />
July 13: <strong>Navistar International</strong> dismisses <span style="color: #ff0000;">275</span> workers, most of them from Mississippi.<br />
July 8: <strong>AGCO Corp.</strong> lays of<span style="color: #ff0000;"> 154</span> workers in Kansas.<br />
July 6: The <strong>3M  Company</strong> lets go of <span style="color: #ff0000;">200</span> workers in Massachusetts.<br />
July 1: The <strong><span style="color: #000000;">Dow Chemical Company</span></strong> cuts <span style="color: #ff0000;">2500</span> jobs. The layoffs are a result of the company closing three Louisiana plants.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>The Klaus Kneale Pink-Slip List (P-SL) for June 2009.</title>
		<link>http://www.crunchvictims.com/2009/06/30/the-klaus-kneale-pink-slip-list-p-sl-for-june-2009/</link>
		<comments>http://www.crunchvictims.com/2009/06/30/the-klaus-kneale-pink-slip-list-p-sl-for-june-2009/#comments</comments>
		<pubDate>Tue, 30 Jun 2009 19:04:00 +0000</pubDate>
		<dc:creator>Cruvic</dc:creator>
				<category><![CDATA[Pink-Slips List]]></category>

		<guid isPermaLink="false">http://www.crunchvictims.com/?p=2061</guid>
		<description><![CDATA[The following Pink-Slip List (P-SL) was compiled by Klaus Kneale. Job Losses = 5119 June 29: The Hess Corp. dismisses 270 workers from its Hovensa LLC division. June 25: News Corp. lays off 35 from Photobucket, a division of Fox Interactive Media. June 24: Monsanto lays off 900 workers, about 4% of its workforce. June [...]]]></description>
			<content:encoded><![CDATA[<p>The following Pink-Slip List (P-SL) was compiled by <strong>Klaus Kneale</strong>.</p>
<p><span style="font-size: large;"><strong><span style="color: #ff0000;">Job Losses = 5119</span></strong></span></p>
<p>June 29: <strong>The Hess Corp. </strong>dismisses <span style="color: #ff0000;">270</span> workers from its Hovensa LLC division.<br />
June 25: <strong>News Corp.</strong> lays off <span style="color: #ff0000;">35</span> from Photobucket, a division of Fox Interactive Media.<br />
June 24: <strong>Monsanto</strong> lays off <span style="color: #ff0000;">900</span> workers, about <span style="color: #ff0000;">4%</span> of its workforce.<br />
June 24: <strong>United Technologies</strong> dismisses <span style="color: #ff0000;">200</span> workers from its subdivision Pratt &amp; Whitney, a jet engine manufacturer. The layoffs were mostly in Connecticut.<br />
June 24: <strong>Verizon Communications</strong> lets go of <span style="color: #ff0000;">42</span> employees. The workers were all former Alltel employees.<br />
June 22: <strong>Chesapeake Energy</strong> lays off <span style="color: #ff0000;">50</span> workers from its headquarters in Oklahoma City, Okla.<br />
June 16: <strong>News Corp.&#8217;s MySpace</strong> lays off <span style="color: #ff0000;">30%</span> of its workforce, about<span style="color: #ff0000;"> 420</span> employees, to focus on innovation.<br />
June 12: <strong>Textron</strong> announces plans to lay off <span style="color: #ff0000;">1300</span> employees from its Cessna Aircraft division.<br />
June 9: <strong>General Motors</strong> production cuts result in <span style="color: #ff0000;">900</span> layoffs in Missouri.<br />
June 9: <strong>Berkshire Hathaway</strong> lays off <span style="color: #ff0000;">13</span> employees in its Borsheim&#8217;s jewelry division.<br />
June 5: <strong>Intuit maker</strong> of Quicken and Turbotax software, cuts 300 employees, or <span style="color: #ff0000;">4%</span> of its workforce.<br />
June 2: <strong>Deere &amp; Co.</strong> lays off <span style="color: #ff0000;">689</span> in Iowa as part of ongoing reductions.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>The Klaus Kneale Pink-Slip List (P-SL) for May 2009.</title>
		<link>http://www.crunchvictims.com/2009/05/30/the-klaus-kneale-pink-slip-list-p-sl-for-may-2009/</link>
		<comments>http://www.crunchvictims.com/2009/05/30/the-klaus-kneale-pink-slip-list-p-sl-for-may-2009/#comments</comments>
		<pubDate>Sat, 30 May 2009 19:42:42 +0000</pubDate>
		<dc:creator>Cruvic</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Computers]]></category>
		<category><![CDATA[Courier]]></category>
		<category><![CDATA[Hardware]]></category>
		<category><![CDATA[Pink-Slips List]]></category>
		<category><![CDATA[Shoes]]></category>

		<guid isPermaLink="false">http://www.crunchvictims.com/?p=1750</guid>
		<description><![CDATA[The following Pink-Slip List (P-SL) was compiled by Klaus Kneale. Job Losses = 23704 May 30: Deere &#38; Co lays off 89 in North Dakota and 16 in Louisiana as part of ongoing reductions. May 29: Cintas projects worse than expected fourth quarter results and lays off 650 workers. May 22: Monsanto lays off 55 [...]]]></description>
			<content:encoded><![CDATA[<p>The following Pink-Slip List (P-SL) was compiled by <strong>Klaus Kneale</strong>.</p>
<p><span style="color: #ff0000;"><strong><span style="font-size: large;">Job Losses = 23704</span></strong></span></p>
<p>May 30: <strong>Deere &amp; Co</strong> lays off <span style="color: #ff0000;">89</span> in North Dakota and <span style="color: #ff0000;">16</span> in Louisiana as part of ongoing reductions.<br />
May 29: <strong>Cintas</strong> projects worse than expected fourth quarter results and lays off <span style="color: #ff0000;">650</span> workers.<br />
May 22: <strong>Monsanto</strong> lays off <span style="color: #ff0000;">55</span> in Mississippi as part of manufacturing facilities consolidation.<br />
May 21: <strong>UPS&#8217;s</strong> airlines arm cuts <span style="color: #ff0000;">80</span> mechanics on slump in shipping volume.<br />
May 19: <strong>Hewlett-Packard</strong> announces 17% decline in quarterly profit and reduces workforce by 2% (<span style="color: #ff0000;">6400</span> workers).<br />
May 19: <strong>Medtronic</strong> cuts executive pay by 5%, freezes salaries and slashes upwards of <span style="color: #ff0000;">1800</span> jobs.<br />
May 18: <strong>American Express</strong> reduces global workforce by 6% (<span style="color: #ff0000;">4000</span> jobs) adding to a <span style="color: #ff0000;">7000</span> employee cut announced last October.<br />
May 15: Following review of operations announced in February, <strong>Nike</strong> cuts <span style="color: #ff0000;">1750</span> jobs (5% of total workforce).<br />
May 15: Fruit of the <strong>Looma Berkshire Hathaway</strong>. A subsidiary pink-slips <span style="color: #ff0000;">80</span> in Alabama.<br />
May 12: <strong>Applied Materials </strong>posts quarterly loss and increases previously announced job cuts by <span style="color: #ff0000;">300</span>.<br />
May 11: <strong>Dell</strong> slashes <span style="color: #ff0000;">260</span> jobs in North Carolina and blames the economy.<br />
May 7: <strong>Cummins </strong>Indiana plant that supplies Chrysler and lays off <span style="color: #ff0000;">610</span> workers.<br />
May 7: <strong>DuPont </strong>to December job cut of <span style="color: #ff0000;">2500</span> with another <span style="color: #ff0000;">2000</span> employee cut.<br />
May 6: <strong>Wells Fargo </strong>freezes pension plans and fires <span style="color: #ff0000;">548</span> in North Carolina.<br />
May 5: <strong>Microsoft</strong> pink-slips a second <span style="color: #ff0000;">5000</span> employees following its initial January layoff.<br />
May 5: <strong>Allstate</strong> closes claims office in Florida and lays off <span style="color: #ff0000;">66</span> employees.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>The Klaus Kneale Pink-Slip List (P-SL) for April 2009.</title>
		<link>http://www.crunchvictims.com/2009/04/30/the-klaus-kneale-pink-slip-list-p-sl-for-april-2009/</link>
		<comments>http://www.crunchvictims.com/2009/04/30/the-klaus-kneale-pink-slip-list-p-sl-for-april-2009/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 19:19:15 +0000</pubDate>
		<dc:creator>Cruvic</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Engineering]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[Heavy Machinary]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Medical]]></category>
		<category><![CDATA[Pharmaceutical]]></category>
		<category><![CDATA[Photography]]></category>
		<category><![CDATA[Pink-Slips List]]></category>
		<category><![CDATA[Solar Power]]></category>
		<category><![CDATA[Wind Energy]]></category>

		<guid isPermaLink="false">http://www.crunchvictims.com/?p=1744</guid>
		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p>The following Pink-Slip List (P-SL) was compiled by <strong>Klaus Kneale</strong>.</p>
<p><strong><span style="font-size: large;"><span style="color: #ff0000;">Job Losses = 19247</span></span></strong></p>
<p>April 28: On top of <span style="color: #ff0000;">1850</span> layoffs announced in January, <strong>Clear Channel</strong> slashes <span style="color: #ff0000;">590</span> jobs, bringing cuts to 12% of its original workforce total.<br />
April 27: <strong>Lockheed Martin</strong> dismisses <span style="color: #ff0000;">225</span> in New York; cites lost business for Presidential Helicopter Program.<br />
April 27: <strong>PPG</strong> Industries lays off <span style="color: #ff0000;">110</span> at fiberglass plant in North Carolina.<br />
April 27: <strong>CSX</strong> fires more than <span style="color: #ff0000;">150</span> at New York rail yard.<br />
April 27: <strong>General Motors</strong> increases originally planned cuts to its U.S. hourly workforce by <span style="color: #ff0000;">8000</span>.<br />
April 24: <strong>Carrier Corporation</strong> a subsidiary of United Technologies cuts <span style="color: #ff0000;">140</span> hourly workers.<br />
April 23: <strong>Embarq</strong> closes call center in North Carolina and dismisses<span style="color: #ff0000;"> 51</span> workers.<br />
April 22: <strong>Philip Morris International</strong> closes North Carolina cigarette plant and fires <span style="color: #ff0000;">1100</span> workers.<br />
April 22: <strong>T. Rowe Price Group</strong> reduces workforce by 5.5% (<span style="color: #ff0000;">288 </span>jobs), hitting all areas of the company except portfolio managers.<br />
April 22: <strong>Capital One Financial</strong> cuts <span style="color: #ff0000;">60</span> employees in its credit card division.<br />
April 20: <strong>Brown-Forman Corp.</strong> pink-slips <span style="color: #ff0000;">250</span> workers, or 6% of its global workforce.<br />
April 21: <strong>Yahoo! </strong>reports 78% drop in first-quarter profit and 5% cut in global workforce (roughly <span style="color: #ff0000;">675</span> employees).<br />
April 20: <strong>Nordstrom</strong> cuts <span style="color: #ff0000;">72</span> jobs in Iowa and Washington.<br />
April 18: <strong>Weyerhaeuser</strong> closes trucking division in Oregon and cuts <span style="color: #ff0000;">75</span> jobs.<br />
April 15: <strong>Emerson Electric</strong> subsidiary in Tennessee fires <span style="color: #ff0000;">200</span> workers at plant that makes industrial generators.<br />
April 14: <strong>Discover Financial Services</strong> blames credit losses for 4% workforce reduction (500 jobs).<br />
April 14: <strong>Deere &amp; Co.</strong> combines two units resulting in <span style="color: #ff0000;">200</span> pink-slips.<br />
April 13: <strong>General Electric</strong> fires <span style="color: #ff0000;">100</span> workers at plant in North Carolina on reduced demand for the plant&#8217;s products.<br />
April 9: <strong>General Electric&#8217;s</strong> health care arm fires <span style="color: #ff0000;">179</span> in Wisconsin.<br />
April 9: <strong>Johnson &amp; Johnson</strong> cuts <span style="color: #ff0000;">900</span> jobs in its U.S. pharmaceuticals division as competition in drugs pushes prices down.<br />
April 8: <strong>Eastman Chemical</strong> notifies <span style="color: #ff0000;">300</span> employees of layoff; <span style="color: #ff0000;">200</span> of the cuts are in Tennessee, where the company is based.<br />
April 8: <strong>Navistar International</strong> pink-slips <span style="color: #ff0000;">350</span> workers at plant in Ontario.<br />
April 8: <strong>Deere &amp; Co.</strong> fires <span style="color: #ff0000;">160</span> workers in Iowa factory in latest of ongoing cuts.<br />
April 6: Weakness in solar power forces <strong>General Electric</strong> to layoff <span style="color: #ff0000;">85</span> at solar-panel plant in Delaware.<br />
April 6: <strong>Procter &amp; Gamble</strong> dismisses <span style="color: #ff0000;">90</span> workers at Puerto Rico plant that makes skin care products and cold medicine.<br />
April 3: <strong>FedEx</strong> fires <span style="color: #ff0000;">1000</span> following a 75% drop in third-quarter earnings announced last month.<br />
April 3: <strong>Walt Disney Co.</strong> cuts <span style="color: #ff0000;">1900</span> jobs <span style="color: #ff0000;">1200</span> people and <span style="color: #ff0000;">700</span> empty positions at its U.S. theme parks.<br />
April 2: <strong>Rite Aid</strong> closes a distribution center in Georgia and lays off <span style="color: #ff0000;">297</span> workers.<br />
April 1: <strong>3M</strong> slashes global workforce by 1.5% (<span style="color: #ff0000;">1200</span> jobs) following a December cut of 2300 workers.</p>
]]></content:encoded>
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		<item>
		<title>The Klaus Kneale Pink-Slip List (P-SL) for March 2009.</title>
		<link>http://www.crunchvictims.com/2009/03/31/the-klaus-kneale-pink-slip-list-p-sl-for-march-2009/</link>
		<comments>http://www.crunchvictims.com/2009/03/31/the-klaus-kneale-pink-slip-list-p-sl-for-march-2009/#comments</comments>
		<pubDate>Tue, 31 Mar 2009 10:52:14 +0000</pubDate>
		<dc:creator>Cruvic</dc:creator>
				<category><![CDATA[Pink-Slips List]]></category>

		<guid isPermaLink="false">http://www.crunchvictims.com/?p=1165</guid>
		<description><![CDATA[The following Pink-Slip List (P-SL) was compiled by Klaus Kneale. Job Losses = 37429 Mar. 31: Cardinal Health pink-slips 800 workers as part of cost cutting efforts. Mar. 31: Deere &#38; Co. places 40 Illinois employees on indefinite layoff. Mar. 30: KLA-Tencor lays off 10% of its workforce which comes to roughly 500 employees. March [...]]]></description>
			<content:encoded><![CDATA[<p>The following Pink-Slip List (P-SL) was compiled by<strong> Klaus Kneale.</strong></p>
<p><span style="color: #ff0000;"><span style="font-size: x-large;"><strong>Job Losses = 37429<br />
</strong></span></span></p>
<p>Mar. 31: <strong>Cardinal Health</strong> pink-slips <span style="color: #ff0000;">800</span> workers as part of cost cutting efforts.<br />
Mar. 31: <strong>Deere &amp; Co.</strong> places <span style="color: #ff0000;">40</span> Illinois employees on indefinite layoff.<br />
Mar. 30: <strong>KLA-Tencor</strong> lays off 10% of its workforce which comes to roughly <span style="color: #ff0000;">500</span> employees.<br />
March 27: <strong>Wal-Mart Stores</strong> closes Ohio facility and lays off <span style="color: #ff0000;">650</span> workers.<br />
March 26: <strong>Agilent Technologies</strong> freezes share-buyback program and cuts <span style="color: #ff0000;">2700</span> jobs.<br />
March 26: <strong>Google</strong> institutes second round of layoffs by pink-slipping <span style="color: #ff0000;">200</span> workers.<br />
March 25: <strong>Shaw Industries</strong>&#8211;a Berkshire Hathaway subsidiary&#8211;closes two plants, idling <span style="color: #ff0000;">600</span> workers.<br />
March 25: <strong>Constellation Brands</strong> reduces workforce by 5% (<span style="color: #ff0000;">400 </span>workers) following decline in wine sales.<br />
March 25: <strong>IBM</strong> slashes workforce in U.S. by more than 4%, or roughly <span style="color: #ff0000;">5000</span> workers.<br />
March 24: Legg Mason lays off <span style="color: #ff0000;">120</span> to adjust to its current business needs.<br />
March 24: <strong>Synovus Financial</strong> dismisses <span style="color: #ff0000;">200</span> employees following a <span style="color: #ff0000;">650</span>-worker layoff in September.<br />
March 24: <strong>Cummins</strong> fires <span style="color: #ff0000;">127</span> workers when voluntary layoff fails to entice enough to leave.<br />
March 22: <strong>Freeport-McMoRan</strong> pink-slips <span style="color: #ff0000;">50</span> employees at Denver mine.<br />
March 19: <strong>Lam Research</strong> pink-slips <span style="color: #ff0000;">375</span> or 10% of the company&#8217;s workforce.<br />
March 17: <strong>Caterpillar</strong> adds another <span style="color: #ff0000;">2454</span> layoffs to a growing total, as construction equipment demand continues to be weak.<br />
March 17: <strong>A Corning</strong> subsidiary cuts <span style="color: #ff0000;">200</span> jobs at North Carolina plant.<br />
March 17: <strong>Weyerhaeuser</strong> continues ongoing layoffs and production cuts by closing two lumber mills and firing <span style="color: #ff0000;">307</span> workers.<br />
March 16: <strong>TRW Automotive Holdings</strong> continues ongoing cuts with <span style="color: #ff0000;">42</span> salaried employees in Wisconsin and Minnesota.<br />
March 13: <strong>Baker Hughes</strong> pink-slips <span style="color: #ff0000;">1500</span> (about 4% of workforce)&#8211;this follows a layoff of the same number back in January.<br />
March 13: <strong>PPG Industries</strong> lowers first-quarter expectations and lays off <span style="color: #ff0000;">2500</span>.<br />
March 13: <strong>Sunoco</strong> fires <span style="color: #ff0000;">750</span> salaried workers&#8211;about a fifth of its workforce.<br />
March 12: <strong>Weyerhaeuser</strong> cuts <span style="color: #ff0000;">59</span> workers at a mill in Oregon.<br />
March 11: <strong>AMR</strong> dismisses <span style="color: #ff0000;">323 </span>flight attendants in response to travel slump.<br />
March 10: <strong>Lowe&#8217;s</strong> closes lighting and ceiling fan distribution center; fires <span style="color: #ff0000;">82</span>.<br />
March 10: <strong>Principal Financial Group</strong> cuts <span style="color: #ff0000;">60</span> jobs in its health arm (<span style="color: #ff0000;">20</span> at headquarters).<br />
March 10: <strong>United Technologies</strong> reduces workforce by 5% (<span style="color: #ff0000;">11600</span> jobs globally).<br />
March 6: <strong>Deere &amp; Co.</strong> fires <span style="color: #ff0000;">325</span> employees at plants in Iowa on weak construction equipment demand.<br />
March 4: <strong>Northrop Grumman</strong> targets administrative positions in California with <span style="color: #ff0000;">750</span>-worker layoff.<br />
March 4: <strong>Heil</strong>&#8211;a subsidiary of Dover that makes waste and recycling trucks&#8211;cuts <span style="color: #ff0000;">180</span> jobs.<br />
March 4: <strong>General Dynamics</strong> pink-slips <span style="color: #ff0000;">1200</span> as turbulence in the aerospace sector continues.<br />
March 3:<strong> U.S. Steel</strong> closes two plants in Ontario, affecting <span style="color: #ff0000;">1500</span> jobs and sparking frustration in Canadians over &#8220;U.S. protectionism.&#8221;<br />
March 3: <strong><span style="color: #000000;">FirstEnergy</span></strong> reduces non-union staff by 4% (<span style="color: #ff0000;">335</span> workers) to reduce costs.</p>
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		</item>
		<item>
		<title>The Klaus Kneale Pink-Slip List (P-SL) for February 2009.</title>
		<link>http://www.crunchvictims.com/2009/02/13/the-klaus-kneale-pink-slip-list-p-sl-for-february-2009/</link>
		<comments>http://www.crunchvictims.com/2009/02/13/the-klaus-kneale-pink-slip-list-p-sl-for-february-2009/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 05:24:38 +0000</pubDate>
		<dc:creator>Cruvic</dc:creator>
				<category><![CDATA[Pink-Slips List]]></category>

		<guid isPermaLink="false">http://www.crunchvictims.com/?p=614</guid>
		<description><![CDATA[The following Pink-Slip List (P-SL) was compiled by Klaus Kneale. Job Losses = 52404 Feb. 13: Wal-Mart Stores (nyse: WMT) closes return center and lays off its 400 employees. Feb. 11: United Technologies (nyse:UTX) jet engine subsidiary Pratt &#38; Whitney Canada cuts 10% of workforce (1000 workers). Feb. 11: W.W. Grainger (nyse: GWW) cuts 400 [...]]]></description>
			<content:encoded><![CDATA[<p>The following Pink-Slip List (P-SL) was compiled by<strong> Klaus Kneale.</strong></p>
<div class="layoffNum"><span style="color: #ff0000;"><span style="font-size: xx-large;">Job Losses = 52404</span></span></div>
<div class="layoffNum"><span style="color: #ff0000;"><span style="font-size: xx-large;"><br />
</span></span></div>
<p>Feb. 13: <span class="tickerlinx"><strong>Wal-Mart Stores </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=WMT">WMT</a>) closes return center and lays off its <span style="color: #ff0000;">400</span> employees.</p>
<p>Feb. 11: <span class="tickerlinx"><strong>United Technologies </strong></span> (nyse:<a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=UTX">UTX</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=UTX"></a>) jet engine subsidiary Pratt &amp; Whitney Canada cuts 10% of workforce (<span style="color: #ff0000;">1000 workers</span>).</p>
<p>Feb. 11: <span class="tickerlinx"><strong>W.W. Grainger </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GWW">GWW</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=GWW"></a>) cuts <span style="color: #ff0000;">400</span> jobs across the company on poor sales.<br />
Feb. 11: <span class="tickerlinx"><strong>Caterpillar </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CAT">CAT</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=CAT"></a>) offers voluntary early retirement to <span style="color: #ff0000;">2000</span> workers, on top of some <span style="color: #ff0000;">22000</span> layoffs from last month.</p>
<p>Feb. 10: <span class="tickerlinx"><strong>News Corp </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=NWS">NWS</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=NWS"></a>) fires <span style="color: #ff0000;">65</span> at its U.K. national newspaper titles.<br />
Feb. 10: <span class="tickerlinx"><strong>U.S. Airways Group </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=LCC">LCC</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=LCC"></a>) cuts <span style="color: #ff0000;">233</span> ramp workers, gate associates and ticket agents in response to reduced flying.<br />
Feb. 10: <span class="tickerlinx"><strong>Nike </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=NKE">NKE</a>) reduces workforce by up to 4% (<span style="color: #ff0000;">1400</span> workers) as it restructures.<br />
Feb. 10: <span class="tickerlinx"><strong>General Motors </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GM">GM</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=GM"></a>) cuts <span style="color: #ff0000;">10000</span> workers and reduces pay for most of its remaining white-collar workers.</p>
<p>Feb. 10: General Electric&#8217;s <span class="tickerlinx"><strong> </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GE">GE</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=GE"></a>) transportation arm fires <span style="color: #ff0000;">1550</span>.</p>
<p>Feb. 10: <span class="tickerlinx"><strong>Wal-Mart Stores </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=WMT">WMT</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=WMT"></a>) pink-slips <span style="color: #ff0000;">800</span> at its headquarters to trim spending.</p>
<p>Feb. 9: <span class="tickerlinx"><strong>Emerson Electric </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=EMR">EMR</a>) lays off <span style="color: #ff0000;">14000</span> following <span style="color: #ff0000;">7000</span> dismissals since October of last year.</p>
<p>Feb. 6: <span class="tickerlinx"><strong>Weyerhaeuser </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=WY">WY</a>) shuts down veneer and lumber mills in Alabama, affecting <span style="color: #ff0000;">300</span> workers.</p>
<p>Feb. 5: <span class="tickerlinx"><strong>Estée Lauder </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=EL">EL</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=EL"></a>) fires 6% of workforce (<span style="color: #ff0000;">2000</span> employees) as part of a four-year restructuring plan.</p>
<p>Feb. 5: <span class="tickerlinx"><strong>Fortune Brands </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=FOPRA">FOPRA</a>) subsidiary MasterBrand Cabinets lays off a third of its workers at its Oregon plant.</p>
<p>Feb. 5: <strong><em>The Wall Street Journal</em></strong>&#8211;owned by <span class="tickerlinx"><strong>News Corp. </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=NWS">NWS</a>)&#8211;cuts <span style="color: #ff0000;">25</span> positions from newsroom.</p>
<p>Feb. 5: Botox maker <span class="tickerlinx"><strong>Allergan </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=AGN">AGN</a>) offers first-ever consumer rebate on its wrinkle killer, posts quarterly profit decline and cuts 5% of staff <span style="color: #ff0000;">(460</span> workers).</p>
<p>Feb. 4: <span class="tickerlinx"><strong>Time Warner Cable </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TWC">TWC</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=TWC"></a>)&#8211;84% owned by <span class="tickerlinx"><strong>Time Warner </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TWX">TWX</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=TWX"></a>)&#8211;dismisses <span style="color: #ff0000;">1250</span> on bad fourth-quarter results.</p>
<p>Feb. 4: <span class="tickerlinx"><strong>Cisco Systems </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CSCO">CSCO</a>) CEO <a style="border-bottom: 1px dotted; color: #003399; text-decoration: none; cursor: pointer; display: inline; font-family: Arial,Helvetica,sans-serif; font-size: 14px; font-weight: 400; font-style: normal;" rel="nofollow" href="http://topics.forbes.com/John%20Chambers">John Chambers</a> says revenue will be down more than expecting and pink-slips <span style="color: #ff0000;">2000</span> workers.</p>
<p>Feb. 3: <span class="tickerlinx"><strong>Huntington Bancshares </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=HBAN">HBAN</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=HBAN"></a>) freezes salaries, cuts bonuses and 401(k) matching for employees, and fires <span style="color: #ff0000;">500</span>.</p>
<p>Feb. 3: <span class="tickerlinx"><strong>PNC Financial Services </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=PNC">PNC</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=PNC"></a>) cuts <span style="color: #ff0000;">5800</span> jobs following the purchase of <span class="tickerlinx"><strong>National City </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=NCC">NCC</a> &#8211; 	<a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=NCC"> news </a> &#8211;     <a href="http://people.forbes.com/search?ticker=NCC"> people </a>).</p>
<p>Feb. 3: <span class="tickerlinx"><strong>Comcast </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CMCSA">CMCSA</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=CMCSA"></a>) reduces management and &#8220;professional-level&#8221; ranks by <span style="color: #ff0000;">50</span> jobs.</p>
<p>Feb. 3: <span class="tickerlinx"><strong>Electronic Arts </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ERTS">ERTS</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=ERTS"></a>) increases previously announced layoffs by <span style="color: #ff0000;">100</span>.</p>
<p>Feb. 2: <span class="tickerlinx"><strong>Goodrich </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GR">GR</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=GR"></a>) fires <span style="color: #ff0000;">35</span>, but doesn&#8217;t expect anymore layoffs.</p>
<p>Feb. 2: <span class="tickerlinx"><strong>Macy&#8217;s </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=M">M</a><a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=M"></a>) cuts dividend and <a style="border-bottom: 1px dotted; color: #003399; text-decoration: none; cursor: pointer; display: inline; font-family: Arial,Helvetica,sans-serif; font-size: 14px; font-weight: 400; font-style: normal;" rel="nofollow" href="http://topics.forbes.com/capital%20spending">capital spending</a>, reduces contributions to retirement plans and pink-slips <span style="color: #ff0000;">7000</span> workers.</p>
<p><a href="http://www.forbes.com/2009/02/05/february-layoffs-fires-lead-cx_kk_0109february09layoffs.html" target="_blank">http://www.forbes.com/2009/02/05/february-layoffs-fires-lead-cx_kk_0109february09layoffs.html</a></p>
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		<title>The Klaus Kneale Pink-Slip List (P-SL) for January 2009.</title>
		<link>http://www.crunchvictims.com/2009/02/06/the-klaus-kneale-pink-slip-list-p-sl-for-january-2009/</link>
		<comments>http://www.crunchvictims.com/2009/02/06/the-klaus-kneale-pink-slip-list-p-sl-for-january-2009/#comments</comments>
		<pubDate>Fri, 06 Feb 2009 22:30:22 +0000</pubDate>
		<dc:creator>Cruvic</dc:creator>
				<category><![CDATA[Bad news]]></category>
		<category><![CDATA[Pink-Slips List]]></category>

		<guid isPermaLink="false">http://www.crunchvictims.com/?p=615</guid>
		<description><![CDATA[The following Pink-Slip List (P-SL) was compiled by Klaus Kneale. Job losses = 165,662 Jan. 30: Sears Holdings (nasdaq: SHLD) dismisses 300 corporate employees as consumer spending slumps. Jan. 29: Broadcom (nasdaq: BRCM) cuts about 3% of workforce (200 workers) and tightens discretionary spending. Jan. 29: International Game Technology (nyse: IGT) cuts 200 from its [...]]]></description>
			<content:encoded><![CDATA[<p>The following Pink-Slip List (P-SL) was compiled by<strong> Klaus Kneale.</strong><cite></cite></p>
<p><span style="font-size: xx-large;"><span style="color: #ff0000;">Job losses = 165,662</span></span></p>
<p>Jan. 30: <span class="tickerlinx"><strong>Sears Holdings </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=SHLD">SHLD</a>) dismisses <span style="color: #ff0000;">300</span> corporate employees as consumer spending slumps.</p>
<p>Jan. 29: <span class="tickerlinx"><strong>Broadcom </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=BRCM">BRCM</a>) cuts about 3% of workforce (<span style="color: #ff0000;">200 workers</span>) and tightens discretionary spending.</p>
<p>Jan. 29: <span class="tickerlinx"><strong>International Game Technology </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=IGT">IGT</a>) cuts 200 from its manufacturing sector.</p>
<p>Jan. 30: <span class="tickerlinx"><strong>Caterpillar </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CAT">CAT</a>) increases previous layoffs from 20000 to <span style="color: #ff0000;">22110</span>, and share price hits 52-week low.</p>
<p>Jan. 29: <span class="tickerlinx"><strong>Eastman Kodak </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=EK">EK</a>) took a $137 million Q4 loss and will cut up to <span style="color: #ff0000;">4500</span> jobs, up to 18% of workforce.</p>
<p>Jan. 29: <span class="tickerlinx"><strong>Textron </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TXT">TXT</a>) subsidiary Cessna Aircraft will increase layoffs from 2600 to <span style="color: #ff0000;">4600</span>, to be completed by April.</p>
<p>Jan. 29: <strong>Ford&#8217;s</strong><span class="tickerlinx"><strong> </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=F">F</a>) credit subsidiary cuts <span style="color: #ff0000;">1200</span> jobs, about 20% of its workforce.</p>
<p>Jan. 29: <span class="tickerlinx"><strong>Black &amp; Decker </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=BDK">BDK</a>) will eliminate <span style="color: #ff0000;">1200</span> jobs as power tool sales decline and Q4 earnings plunge.</p>
<p>Jan. 29: ESPN, part of <span class="tickerlinx"><strong>the <span class="tickerlinx"><strong>Walt Disney Co. </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=DIS">DIS</a></strong></span><span class="tickerlinx"><strong>), </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=DIS">DIS</a>) will cut <span style="color: #ff0000;">200</span> jobs and Disney-ABC Television Group will release 400 to cope with weak economy.</p>
<p>Jan. 28: <span class="tickerlinx"><strong>Boeing </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=BA">BA</a>) increases previously announced layoffs&#8211;bringing total to <span style="color: #ff0000;">10000</span> workers, or 6% of the company’s workforce.</p>
<p>Jan. 28: <span class="tickerlinx"><strong>Starbucks </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=SBUX">SBUX</a>) organizes closings at <span style="color: #000000;">900</span> stores worldwide and fires <span style="color: #ff0000;">6700</span> in the process.</p>
<p>Jan. 28: <span class="tickerlinx"><strong>Target </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TGT">TGT</a>) cuts <span style="color: #ff0000;">400</span> open positions and <span style="color: #ff0000;">600</span> employees on sagging sales.</p>
<p>Jan. 27: <span class="tickerlinx"><strong>Time Warner&#8217;s </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TWX">TWX</a>) AOL reduces workforce by 10% (<span style="color: #ff0000;">700 workers</span>) as it fights declining ad revenue.</p>
<p>Jan. 27: Cabinet company Merillat&#8211;a subsidiary of <span class="tickerlinx"><strong>Masco </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MAS">MAS</a>)&#8211;cuts 20% of workforce (70 workers).</p>
<p>Jan. 26: <span class="tickerlinx"><strong>Texas Instruments </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TXN">TXN</a>) pink-slips <span style="color: #ff0000;">3400 </span>(12% of workforce).</p>
<p>Jan. 26: <span class="tickerlinx"><strong>IBM </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=IBM">IBM</a>) selects <span style="color: #ff0000;">4000</span><span style="color: #ff0000;"></span> to participate in its “current resource reduction action.”</p>
<p>Jan. 26: <span class="tickerlinx"><strong>Lincoln National </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=LNC">LNC</a>) posts five quarterly declines in profit; cuts <span style="color: #ff0000;">540</span> (5% of workforce).</p>
<p>Jan. 26: <span class="tickerlinx"><strong>Caterpillar </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CAT">CAT</a>) announces quarterly profit plunge of 32%; fires <span style="color: #ff0000;">20000</span>.</p>
<p>Jan. 26: Following the acquisition of the small drug outfit Wyeth for $68 billion, <span class="tickerlinx"><strong>Pfizer </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=PFE">PFE</a>) closes five factories and cuts 15% of total workforce (<span style="color: #ff0000;">19000 workers</span>).</p>
<p>Jan. 26: <span class="tickerlinx"><strong>Sprint Nextel </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=S">S</a>) pink-slips <span style="color: #ff0000;">8000</span> workers&#8211;recording more than $300 million in severance charges but saving $1.2 billion a year in labor costs.</p>
<p>Jan. 26: <span class="tickerlinx"><strong>Home Depot </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=HD">HD</a>) closes high-end home design shops and slims ranks at headquarters; dismisses <span style="color: #ff0000;">7000</span>.</p>
<p>Jan. 26: <span class="tickerlinx"><strong>General Motors </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GM">GM</a>) cuts production at several plants and fires <span style="color: #ff0000;">2000</span> in Michigan and Ohio.</p>
<p>Jan. 23: Brazil-based <span class="tickerlinx"><strong>Deere &amp; Company </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=DE">DE</a>) subsidiary lays off <span style="color: #ff0000;">502</span> employees.</p>
<p>Jan. 23: <span class="tickerlinx"><strong>Abercrombie &amp; Fitch </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ANF">ANF</a>) cuts <span style="color: #ff0000;">50</span> from headquarters as company leans expenses.</p>
<p>Jan. 23: <span class="tickerlinx"><strong>Harley-Davidson </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=HOG">HOG</a>) sees 60% drop in profits in fourth quarter of 2008; fires <span style="color: #ff0000;">1100</span> (10% of workforce).</p>
<p>Jan. 22: <span class="tickerlinx"><strong>Microsoft </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MSFT">MSFT</a>) has first mass layoff in 34-year history; pink slips <span style="color: #ff0000;">5000</span>.</p>
<p>Jan. 22: <span class="tickerlinx"><strong>Huntsman </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=HUN">HUN</a>) reduces workforce by 9%; cutting <span style="color: #ff0000;">1175</span> regular workers and <span style="color: #ff0000;">490</span> full-time contractors.</p>
<p>Jan. 21: <strong>Burlington Santa Fe</strong> cuts <span style="color: #ff0000;">2500</span> workers (5% of workforce) despite a 19% jump in earnings during the fourth quarter.</p>
<p>Jan. 21: <span class="tickerlinx"><strong>UAL </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=UAUA">UAUA</a>) fires <span style="color: #ff0000;">1000</span> to cut overhead costs.</p>
<p>Jan. 21: <span class="tickerlinx"><strong>SPX </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=SPW">SPW</a>) attempts to sell a business unit and cuts <span style="color: #ff0000;">400</span> employees to help endure the downturn.</p>
<p>Jan. 21: <span class="tickerlinx"><strong>Intel </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=INTC">INTC</a>) closes five manufacturing plants and pink slips <span style="color: #ff0000;">5000</span>.</p>
<p>Jan. 21: <span class="tickerlinx"><strong>Walt Disney </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=DIS">DIS</a>) offers voluntary buyouts to <span style="color: #ff0000;">600</span> theme park executives on poor attendance.</p>
<p>Jan. 21: <span class="tickerlinx"><strong>Wynn Resorts </strong></span> wraps up construction on Las Vegas Strip casino with <span style="color: #ff0000;">53</span>-worker layoff in design and construction affiliate.</p>
<p>Jan. 21: <span class="tickerlinx"><strong>Eaton </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ETN">ETN</a>) brings total workforce reduction since the beginning of last year to 10% with <span style="color: #ff0000;">5200</span>-worker cut.</p>
<p>Jan. 21: Warner Bros. Entertainment&#8211;a part of <span class="tickerlinx"><strong>Time Warner </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TWX">TWX</a>)&#8211;cuts 10% (<span style="color: #ff0000;">800</span>) of its jobs.</p>
<p>Jan. 20: <span class="tickerlinx"><strong>Clear Channel Communications </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CCU">CCU</a>) reduces workforce across the entire company by 9% accounting for 1,850 job losses.</p>
<p>Jan. 20: <span class="tickerlinx"><strong>Deere &amp; Co. </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=DE">DE</a>) dismisses <span style="color: #ff0000;">120</span> at Iowa plant.</p>
<p>Jan. 16: <span class="tickerlinx"><strong>ConocoPhillips </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=COP">COP</a>) trims capital spending by 18%, writes off $34 billion and reduces workforce by 4% (<span style="color: #ff0000;">1300 jobs</span>).</p>
<p>Jan. 16: <span class="tickerlinx"><strong>Hertz Global Holdings </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=HTZ">HTZ</a>) sets out for worldwide restructuring in first quarter of 2009; cuts <span style="color: #ff0000;">4000</span> jobs.</p>
<p>Jan. 16: <span class="tickerlinx"><strong>WellPoint </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=WLP">WLP</a>) reduces workforce by <span style="color: #ff0000;">600</span> and removes <span style="color: #ff0000;">900</span> open positions.</p>
<p>Jan. 16: <span class="tickerlinx"><strong>Advanced Micro Devices </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=AMD">AMD</a>) reduces global workforce by 9% (<span style="color: #ff0000;">1100 jobs</span>).</p>
<p>Jan. 15: <span class="tickerlinx"><strong>Xerox </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=XRX">XRX</a>) cuts <span style="color: #ff0000;">275</span> jobs in New York region.</p>
<p>Jan. 15: <span class="tickerlinx"><strong>MeadWestvaco </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MWV">MWV</a>) fires <span style="color: #ff0000;">2000</span> and plans closings or restructurings at up to 14 plants.</p>
<p>Jan. 15: <span class="tickerlinx"><strong>Autodesk </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ADSK">ADSK</a>) expects loss from 2008 fourth quarter; pink-slips <span style="color: #ff0000;">750</span> (10% of workforce).</p>
<p>Jan. 15: <span class="tickerlinx"><strong>Marshall &amp; Ilsley </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MI">MI</a>) cuts 8% of staff (830) in ongoing cost-cutting.</p>
<p>Jan. 15: <span class="tickerlinx"><strong>General Electric </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GE">GE</a>)<a href="http://search.forbes.com/search/CompanyNewsSearch?ticker=GE"> news)</a> <a href="http://people.forbes.com/search?ticker=GE"> people </a>)&#8217;s <span class="tickerlinx"><strong> </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GE">GE</a>) jet-engine group cuts <span style="color: #ff0000;">1000</span> white-collar jobs.</p>
<p>Jan. 14: <span class="tickerlinx"><strong>Ecolab </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ECL">ECL</a>) restructures and reduces workforce by 4% (<span style="color: #ff0000;">1000 jobs</span>).</p>
<p>Jan. 14: <span class="tickerlinx"><strong>Delta Air Lines </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=DAL">DAL</a>) gives <span style="color: #ff0000;">2000</span> early retirements as part of 8% capacity reduction.</p>
<p>Jan. 14: <span class="tickerlinx"><strong>Motorola </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MOT">MOT</a>) lays off <span style="color: #ff0000;">4000</span> following a 3000-worker layoff last year; expects savings of $700 million a year.</p>
<p>Jan. 14: <span class="tickerlinx"><strong>Google </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GOOG">GOOG</a>) fires <span style="color: #ff0000;">100</span> hirers as it cuts back on contract workers and temporary employees.</p>
<p>Jan. 13: <span class="tickerlinx"><strong>Cummins </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CMI">CMI</a>) freezes salaries for the rest of the year and lets <span style="color: #ff0000;">800</span> go.</p>
<p>Jan. 13: <span class="tickerlinx"><strong>Pfizer </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=PFE">PFE</a>) cuts <span style="color: #ff0000;">800</span> researchers as it lowers cost in the face of poor performance and coming patent losses.</p>
<p>Jan. 12: <span class="tickerlinx"><strong>Mosaic </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MOS">MOS</a>) fires <span style="color: #ff0000;">1000</span> in Saskatchewan.</p>
<p>Jan. 12: Aircraft maker and <span class="tickerlinx"><strong>Textron </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=TXT">TXT</a>) subsidiary Cessna sends <span style="color: #ff0000;">2000</span> packing.</p>
<p>Jan. 12: <span class="tickerlinx"><strong>Best Buy </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=BBY">BBY</a>) clears 12.5% of its headquarters staff with <span style="color: #ff0000;">500</span>-employee layoff.</p>
<p>Jan. 12: <span class="tickerlinx"><strong>Precision Castparts </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=PCP">PCP</a>) dismisses <span style="color: #ff0000;">40</span> as airline industry continues to struggle.</p>
<p>Jan. 9: <span class="tickerlinx"><strong>Oracle </strong></span> (nasdaq:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ORCL">ORCL</a>) reportedly cuts <span style="color: #ff0000;">500</span> from U.S. sales and consulting businesses.</p>
<p>Jan. 9: <span class="tickerlinx"><strong>Boeing </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=BA">BA</a>) cuts <span style="color: #ff0000;">4500 </span>and returns workforce size to what it was in early 2008.</p>
<p>Jan. 9: <span class="tickerlinx"><strong>Freeport-McMoRan </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=FCX">FCX</a>) slices workforce in half at Arizona mine; <span style="color: #ff0000;">1550</span> workers let go.</p>
<p>Jan. 9: Smitfield Foods&#8217; <span class="tickerlinx"><strong> </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=SFD">SFD</a>) Butterball&#8211;the nation&#8217;s largest turkey company&#8211;fires <span style="color: #ff0000;">75</span> at Missouri plant.</p>
<p>Jan. 8: <span class="tickerlinx"><strong>Union Pacific </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=UNP">UNP</a>) pink-slips <span style="color: #ff0000;">230</span> as company struggles; stock down 22% year-to-date.</p>
<p>Jan. 8: Navy shipbuilder Bath Iron Works&#8211;owned by <span class="tickerlinx"><strong>General Dynamics </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GD">GD</a>)&#8211;dismisses <span style="color: #ff0000;">179</span>.</p>
<p>Jan. 8: Continuing companywide job cuts at <span class="tickerlinx"><strong>Eaton </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ETN">ETN</a>) hit Iowa, with <span style="color: #ff0000;">78</span> laid off.</p>
<p>Jan. 8: <span class="tickerlinx"><strong>Walgreen </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=WAG">WAG</a>) cuts <span style="color: #ff0000;">1000</span>&#8211;roughly 9%&#8211;from corporate and field manager ranks.</p>
<p>Jan. 7: <span class="tickerlinx"><strong>EMC </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=EMC">EMC</a>) fires <span style="color: #ff0000;">2400</span> as it reduces 2009 expenses by $350 million.</p>
<p>Jan. 6: <span class="tickerlinx"><strong>Alcoa </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=AA">AA</a>) starts global salary and hiring freeze, plans sale of four non-core businesses and cuts workforce by 13% (<span style="color: #ff0000;">13500</span> jobs).</p>
<p>Jan. 6: <strong>Aqua Glass</strong>&#8211;a subsidiary owned by <span class="tickerlinx"><strong>Masco </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MAS">MAS</a>)&#8211;pink-slips <span style="color: #ff0000;">30</span> employees.</p>
<p>Jan. 5: <span class="tickerlinx"><strong>Cigna </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CI">CI</a>) reduces workforce by 4% (<span style="color: #ff0000;">1100 jobs</span>).</p>
<p>Jan. 5: <span class="tickerlinx"><strong>United States Steel </strong></span> (nyse:       <a href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=X">X</a>) cuts <span style="color: #ff0000;">50</span> jobs as it closes production lines in Texas.</p>
<p><a href="http://www.forbes.com/2008/12/04/december-layoffs-fires-lead-cx_kk_1204december08layoffs.html?partner=relatedstoriesbox" target="_blank">http://www.forbes.com/2008/12/04/december-layoffs-fires-lead-cx_kk_1204december08layoffs.html?partner=relatedstoriesbox</a></p>
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