Source: Sky News
Defence giant BAE Systems says it is planning to cut 1116 jobs and close an aircraft factory in Cheshire.Â The firm said it aimed to shut the Woodford plant at the end of 2012, with the loss of 630 jobs. A further 205 positions are to go at BAE’s Samlesbury site, and 170 at its Warton facility, both in Lancashire. In addition, 111 jobs will go in Farnborough. BAE said the planned cuts followed “a detailed review of its current and future business levels”. BAE’s latest job cuts announcement comes five months after the firm said it was trimming 500 positions and closing sites in Telford, Leeds and Guildford.
Total losses = 1116
Source: BBC News
Wikipedia: BAE Systems
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 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.
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
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
Source: Layoff Tracker
Total losses = 50392
Boeing intends laying-off nearly 1000 employees of IDS department. The employees of the hitherto-spared division face the ax largely because of funding cuts by the Pentagon.
Total losses = 1000
Lockheed Martin announced in June that around 750 workers would be laid off by mid-July, but by placing workers in other positions in the company, that number was brought down to 600.
Total losses = 600
Washington State University layoffs 360 full-time jobs and three academic programs to reduce its budget by $54 million, or more than 10%, over the next two years.
Irish low-cost Ryanair cuts 650 jobs in Ireland, blaming the move on government hikes in taxes amid a deep recession in the eurozone member nation.
Penske Logistics to cut 100 jobs.
Delphi closes Vandalia plant, cuts 116 jobs.
Norske Skog plans to cut 600 jobs.
Bank of America layoffs 81 in Tampa.
University Hospitals in Iowa will layoff 130 employees.
Dean Foods closes PET Dairy operations, cuts 120 jobs.
Lockheed Martin cuts 750 jobs.
Jostens layoffs 185 employees.
Michelin to cut 2800 jobs in France through early retirement and voluntary redundancies in the next three years, sparking concern from the government.
Evonik Cyro layoffs 35 workers.
The slowdown in spending is still finding new victims â€“ most recently MySpace. The social networking giant currently owned by media conglomerate News Corp. will be losing around 30% of its US workforce over the next few weeks, which aquates to about 400 employees.
Total losses in the past 24 hours = 4655
Girtz Industries to layoff 60 in Indiana.
Boston Redevelopment AuthorityÂ 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 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.
Contract engineers at Spirit Aerosystems are being let go in large part due to the suspension of the Cessna Columbus program which this site was being prepared for. An estimated 100 of about 300 independent contractors are being cut.
Total losses = 100
USCV: The largest builder of corporate jets in the US, is laying off 2300 workers and closing its Oregon plant as it tries to restructure its product line amid declining plane orders. The latest job losses come on top of 4600 jobs already cut.
Total losses = 2300
Lockheed Martin Systems Integration – Owego today told employees today in an email (how poor) that it will cut 225 positions due to a downturn in business conditions and federal government decisions to delay or cancel programs.
Total losses = 225
Damn! on the same day that Bombardier announce “Strong Financial Results for the Fourth Quarter and the Year Ended January 31, 2009“, they are cutting 1740 at their Montreal and 475 at their Toronto bases and a further 1000 jobs at their Belfast and Mexico factories.
A company statement said,
We are cutting aircraft production rates and reducing manpower at all its sites because of an “unprecedented recession.
We deeply regret the impact this will have on those affected and their families. Unfortunately, however, the force of this global recession is unprecedented, market conditions have worsened, and Bombardier is revising downwards most of its aircraft production rates and implementing measures to meet challenges facing the whole aviation industry.
For the full year 2008 to 2009, profit topped $1-billion for the first time in the companies history. That compares to $317-million in fiscal 2008. Revenue was up 12.5% to $19.7-billion. So one has to wonder why there are so many reductions now?
Total losses = 3000
Related Web Links:
AIRBUS is to shed 250 jobs as the Economic Downturn hits orders.
The company, which employs up to 7000 in Flintshire, is looking to make cutbacks at the North Wales wing-making factory complex.
Unions said they had been told the cuts were a result of a downturn in orders for the Hawker business jet.