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December, 2008
APPAREL
Block Corporation
Tupelo, MS
Apparel maker Block Corp. is laying off more than half its employees, starting Jan. 1.
The company's senior vice president of operations, Jim Beisel, said the 120 layoffs of
distribution and warehouse workers would be completed by the end of January.
Approximate Affected Workforce: 101-500 Northeast Mississippi Daily Journal
Hanesbrands Inc.
Winston-Salem, NC
A North Carolina textile company says it is laying off white collar workers in its home
city as part of a cutback that includes closing a yarn plant elsewhere in the state.
Hanesbrands Inc. announced that there will be 210 corporate and management jobs
cuts across the company, including 155 positions in Winston-Salem. Hanesbrands
said half of the cuts are in purchasing, production planning and development and
quality control. The other half are in customer management, finance, human
resources, information technology and marketing.
Approximate Affected Workforce: 101-500 The Associated Press
AUTOMOTIVE
Kenworth Truck Company
Renton, WA
Kenworth Truck Co. plans to lay off more than 400 workers and end most truck
production at its Renton plant as a two-year slump in truck sales moves into a third.
Don Hursey, directing business representative for Machinists District Lodge 160, said
he was told by Kenworth officials that 329 union and 92 management employees will
be laid off. The layoffs and production cuts are effective Jan. 19.
Approximate Affected Workforce: 101-500 The Seattle Post-Intelligencer
FINANCIAL SERVICES
American Century Proprietary Holdings Inc.
Kansas City, MO
American Century Investments will lay off 270 employees, nearly all of them in
Kansas City, in a cost-cutting move that hits 17 percent of its workforce. The
cutbacks at the mutual fund giant reflect the ongoing turmoil on Wall Street that has
caused many investors to pull out of the stock market. American Century employees
who are let go will receive one month's pay and benefits for each year they have
worked at the company, Doyle said.
Approximate Affected Workforce: 101-500 The Kansas City Star
AMERIGROUP Corporation
Memphis, TN
AmeriGroup Tennessee Inc., part of AmeriGroup Corp. (NYSE: AGP), closed its
Memphis office, laying off 130 workers, according to the Tennessee Department of
Labor and Workforce Development. Last year, the managed health care services
company started offering health care coverage to 170,000 people enrolled in the
state's TennCare program. In July 2008, the company said it would shutter
subsidiary Memphis Managed Care Corp. on Nov. 1, following the company's losing
bid for one of two TennCare contracts in West Tennessee.
Approximate Affected Workforce: 101-500 Memphis Business Journal
Citigroup Inc.
New York, NY
In the most dramatic round of layoffs seen to date in the battered U.S. financial
sector, Citigroup Inc. plans to cut about 50,000 additional jobs in an effort to cut
costs and stem huge losses sparked by bad investment and lending decisions.
Management also plans to reduce costs across the company by 20 percent in the
near term and will continue to sell off troubled assets. Citigroup's layoffs are the
latest in a brutal round of job cuts across the financial industry. The cuts have been
sparked by unprecedented losses due to bad credit investments, as well as the
subsequent precipitous drop in banking and other financial-services business amid
the worst economic conditions in 70 years.
Approximate Affected Workforce: over 1000 MarketWatch
HEALTHCARE
Shasta Regional Medical Center
Redding, CA
Shasta Regional Medical Center in Redding is laying off 150 nurses and hospital
employees, about a fifth of its total staff. Some employees were told they could
reapply for their positions. Shasta Regional Chief Executive Phil Dionne said the cuts
are simply a reflection of patient volumes that area hospitals have been
experiencing. The 246-bed hospital has been struggling to keep up with its bills. A
lender has already declared the hospital in default. Dionne says Shasta Regional
would have closed if Prime Healthcare Services of Southern California had not
stepped in as the hospital's new managers.
Approximate Affected Workforce: 101-500 The Associated Press
HIGH TECHNOLOGY
Advanced Micro Devices Inc.
Austin, TX
Advanced Micro Devices Inc. is eliminating about 500 jobs companywide, including
154 in Austin. All the Austin employees being cut have been notified. The cuts are
part of the company's ongoing effort to reduce costs and achieve a $1.5 billion
"breakeven" by early next year. "We are examining all of our activities to make
certain that each supports our objectives, and stop those activities that don't," says
AMD spokesman Michael Silverman. Silverman adds that the company is making
progress in its return to profitability.
Approximate Affected Workforce: 101-500 Austin Business Journal
Entegris Inc.
Chaska, MN
Entegris Inc., a supplier to the semiconductor and electronics industry, will close the
larger of its two manufacturing plants in Chaska, cutting 200 jobs, as the company
shifts work closer to its Asian customers. The plant primarily makes wafer-handling
materials for semiconductor manufacturing. Most of its key customers are in Asia, so
the company is moving that work to its Asian operations.
Approximate Affected Workforce: 101-500 St Paul Pioneer Press
Intersil Corporation
Milpitas, CA
Intersil Corp. announced a restructuring that included plans to reduce its workforce
by 9 percent. The Milpitas semiconductor company blamed the cuts on economic
conditions. Intersil said the reduction works out to about 140 job cuts, and would
create annual savings of approximately $12 million and $14 million. It said severance
pay and career transition services would be offered to affected employees.
Approximate Affected Workforce: 101-500 San Francisco Business Times
Tektronix Inc.
Beaverton, OR
Tektronix Inc. laid off another 150 employees at its Washington County
headquarters, the latest in a series of job cuts that began a year ago when Danaher
Corp. bought Tek for $2.85 billion. The company said it will provide outplacement
services along with severance pay and extended medical benefits for employees who
are losing their jobs. The layoffs are the latest example of the rapid erosion of
Oregon's high-tech employment base, as a series of layoffs reaches across the
spectrum of technology companies.
Approximate Affected Workforce: 101-500 The Oregonian
Amphenol Corporation
Sidney, NY
Amphenol Corp., which produces electronic and electrical interconnect devices, has
laid off 202 employees. The company applied successfully to the Federal Trade
Adjustment Assistance program to help workers retrain and find other employment.
Approximate Affected Workforce: 101-500 The Daily Star
ArvinMeritor Inc.
Troy, MI
Auto parts supplier ArvinMeritor Inc. will cut 1,250 jobs in an effort to slash its costs
as it faces weak economies and slumping demand both at home and overseas.
ArvinMeritor said the cuts, which include 450 salaried and 800 hourly positions,
represent about 7 percent of its worldwide staff. Most of reductions have already
been completed, while the rest are in process.
Approximate Affected Workforce: over 1000 Associated Press Financial Wire
Brunswick Corporation
Cumberland, MD
Apparently even the recreational fishing industry is sweating the economy's turn for
the worse. Brunswick Corp., which makes products as diverse as fitness equipment
and billiard balls, is moving production of Trophy offshore fishing boats from a
Cumberland, Md., facility to Ashland City, Tenn., and eliminating 115 jobs. The
Cumberland plant is set to close by the end of the year. The company says workers
will receive severance and outplacement assistance.
Approximate Affected Workforce: 101-500 The Associated Press
HNI Corporation
Muscatine, IA
HNI Corp. is cutting up to 200 jobs as the sluggish economy continues to affect its
office furniture operations and home fireplace business. Company spokesman Gary
Carlson says the positions are being eliminated as the company continues to make
adjustments. He says the reductions are roughly half salaried and half production
positions.
Approximate Affected Workforce: 101-500 The Associated Press
JCB Inc.
Pooler, GA
JCB Inc., manufacturer of construction equipment, will lay off 120 employees at its
Pooler plant near Savannah. The layoffs represent about a quarter of its Pooler
workforce. Karen Guinn said the company has no plans to close the Pooler plant. The
company said affected workers have been given severance packages.
Approximate Affected Workforce: 101-500 The Associated Press
Mako Marine International Inc.
Forest City, NC
A boat builder that received state incentives to relocate a manufacturing plant to the
mountains is shuttering the facility the day after Christmas, laying off around 125
people. "The boating business throughout North Carolina has made our production
schedule an unattainable objective," Chuck Yarbrough, human resources head for
Mako Marine parent Tracker Marine Group, said in a letter to state officials.
Approximate Affected Workforce: 101-500 Triangle Business Journal
Marietta Corporation
Cortland, NY
Marietta Corp., best known for making small bottles of shampoo and other items for
hotels, is laying off 130 workers at its upstate New York headquarters. Plant
manager Matt Dugat says the employees losing their jobs range from senior
management to front line workers. All the employees will receive severance
payments.
Approximate Affected Workforce: 101-500 The Associated Press
Mattel Inc.
El Segundo, CA
Toy maker Mattel Inc. is cutting about 1,000 jobs worldwide in response to the
economic downturn. The El Segundo, Calif.-based company, which makes Barbie,
American Girl and Fisher Price products, among others, said the cuts amount to 3
percent of its worldwide workforce.
Approximate Affected Workforce: 501-1000 Tulsa World
Tenneco Inc.
Lake Forest, IL; Evansville, IN; Milan, OH
Tenneco Inc., citing the worsening industry downturn afflicting its automaker
customers, disclosed restructuring plans that will eliminate about 1,100 jobs and
generate up to $60 million in charges. The new round of cuts, which calls for the
closing of five U.S. production-related facilities and certain other cost-cutting actions,
is expected to reduce annual costs by $64 million once it is completed,. The plants
slated for closing include sites in Milan, Ohio, and Evansville, Ind. About 500 salaried
jobs and 600 hourly positions are being eliminated.
Approximate Affected Workforce: over 1000 Chicago Tribune
NON PROFIT
Focus on the Family
Colorado Springs, CO
Focus on the Family, a Christian advocacy group based in Colorado Springs, is cutting
202 jobs due to the economic slump and sagging donations. The organization is
laying off 149 employees and eliminating 53 vacant positions in the biggest job cuts
since Focus on the Family was established 32 years ago. Twenty percent of the jobs
involved are in management.
Approximate Affected Workforce: 101-500 UPI
PHARMACEUTICALS/BIOTECHNOLOGY
Amylin Pharmaceuticals Inc.
San Diego, CA
Amylin Pharmaceuticals, Inc. announced a corporate restructuring that will reduce its
San Diego workforce by approximately 25 percent, or 340 employees, and reduce
anticipated 2009 cash expenditures by more than $80 million. The restructuring and
workforce reduction are part of the company's business plan to be cash flow positive
by the end of 2010.
Approximate Affected Workforce: 101-500 PR Newswire
GlaxoSmithKline plc
Philadelphia, PA
British drug maker GlaxoSmithKline plc is restructuring its U.S. operations, starting
with reducing its U.S. sales force by 1,000, following many of its top competitors in
eliminating sales jobs. The world's No. 2 drug maker by revenue also will switch from
having dual U.S. headquarters, in Philadelphia and in Research Triangle Park, N.C., to
operating just the North Carolina headquarters.
Approximate Affected Workforce: over 1000 Associated Press Financial Wire
Wyeth
Rouses Point, NY; Sanford, NC
Wyeth will lay off 118 employees in Rouses Point during the second half of January.
The layoffs will take effect in the latter half of January 2009. The company currently
has 725 employees at Rouses Point. They are also cutting 124 jobs from the Sanford
plant as part of a global initiative to streamline its operations. The company has
about 1,100 workers in North Carolina, many in the Lee County area. The Sanford
plant makes components for a pediatric vaccine called Prevnar. Wyeth's 50,000
workers worldwide were told in January that the company aimed to reduce its
workforce by 6 percent by the end of the year with a long-range goal of a 10 percent
cut by 2010.
Approximate Affected Workforce: 101-500 The Associated Press
Transcontinental Inc.
Warminster, PA
Canadian printer Transcontinental Inc. will close one of its direct mail facilities in
Pennsylvania and cut 460 jobs because the financial crisis has damaged marketing
programs. The company said Transcontinental Direct USA Inc., its direct mail
subsidiary in the U.S., will shift production from its Warminster, Penn., facility to its
plant in Hamburg, Penn. The transfer is expected to be complete by January.
Approximate Affected Workforce: 101-500 National Post's Financial Post & FP
Investing
RETAIL
Circuit City Stores Inc.
Richmond, VA
As the lights go out at about 20 percent of Circuit City's stores, the company is
hoping that by closing hundreds of stores and cutting thousands of jobs, it can
handle consumers who are reluctant to spend and vendors who are less eager to
give it credit. Circuit City Stores Inc. is closing 155 of its more than 700 U.S. stores
by Dec. 31. The stores are spread throughout 28 states, including multiple locations
in areas like Phoenix and Atlanta. Based on a workforce of nearly 43,000 employees
as of Feb. 29, the layoffs could affect up to 7,300 workers.
Approximate Affected Workforce: over 1000 Ft Wayne Journal Gazette
Mervyns LLC
Hayward, CA; Bakersfield, CA; Ridgecrest, CA
Kern County layoffs from the bankrupt Mervyns department store chain will total
286, state employment filings show. Two stores in Bakersfield and one in Ridgecrest
are among the regional retailer's 149 remaining sites winding down operations.
Layoffs are slated to take effect around Dec. 23. Each Bakersfield store is laying off
100 people. In Ridgecrest, 86 employees will be affected. The majority are customer
service employees.
Approximate Affected Workforce: 101-500 The Bakersfield Californian
OfficeMax Inc.
Naperville, IL
OfficeMax Inc. is eliminating 245 jobs from its corporate staff and field management
team, a move the Naperville office-supply company called part of a "proactive cost
reduction initiative." The retailer expects the cuts to generate severance costs of
about $8.5 million and will reduce annual costs by about $20 million.
Approximate Affected Workforce: 101-500 Chicago Tribune
QVC Inc.
West Chester, PA
Television retailer QVC began a series of layoffs that will result in the elimination of
about 900 jobs – most of them in West Chester – over the next 14 months. About
110 were at the company's corporate headquarters and studio in West Chester and
its operations center about two miles away.
Approximate Affected Workforce: 101-500 The Philadelphia Inquirer
SHIPPING
ABX Air Inc.
Wilmington, OH
ABX Air will lay off 158 employees by mid-January. In a filing with the Ohio
Department of Job and Family Services, ABX said the layoffs will include hourly and
salaried personnel. Among those losing their jobs will be 33 pilots, two of them with
the rank of captain. The layoffs began Nov. 14 and will continue through Jan. 14.
Approximate Affected Workforce: 101-500 Traffic World
DHL Express
Breinigsville, PA; Wilmington, OH
Deutsche Post AG's DHL Express overnight-delivery unit announced it would abandon
U.S. overnight delivery, laying off 9,500 workers and closing most of its outlets. DHL
Express's remaining U.S. business will focus on international deliveries, and will have
4,000 employees and 103 outlets.
Approximate Affected Workforce: over 1000 Morning Call
TELECOMMUNICATIONS
Qwest Communications International Inc.
Denver, CO
Qwest will lay off 1,200 workers by the end of the year, on the heels of reporting a
93 percent drop in third-quarter net income. The Denver-based telecom provider said
the job cuts will be spread among employees across the nation and throughout all
job functions, from management to field technicians. Qwest would not disclose how
many of the layoffs will occur in Colorado. The 1,200 layoffs represent about 3
percent of the company's national workforce of 34,656. Colorado is home to 8,800
Qwest employees.
Approximate Affected Workforce: over 1000 The Denver Post
Tellabs
Dallas, TX
Tellabs, a provider of telecommunications equipment for service providers, plans to
cut 141 job cuts at the company's location in Dallas. In a letter filed with the Texas
Workforce Commission, Dallas-based Tellabs says it's restructuring the company with
the intent of realigning its financial plan with consumer needs and demands. The
jobs impacted include engineers, buyers, management-level professionals, project
managers and technical support positions. Tellabs told TWC the official layoffs will
begin Dec. 22. About 136 employees will be laid off within the 14-day period
beginning Dec. 22. Remaining employees will be terminated within the three-month
period stretching to March 31.
Approximate Affected Workforce: 101-500 Dallas Business Journal
TRAVEL/TOURISM
Avis Budget Group Inc.
Parsippany, NJ
Avis Budget Group, the Parsippany-based car rental company, said it has eliminated
700 jobs in a restructuring spurred by a slowing economy and a slump in travel that
forced it to post more than a $1 billion loss in the third quarter.
Approximate Affected Workforce: 501-1000 The Times of Trenton