The following chart is a selection of some first-quarter
announcements of job cuts since the beginning of the year. Some
numbers are estimates.
Company Name Date of Number of Percent
Announcement Jobs Cut Work Force
Anglo Platinum 02/09/2009 10,000 13%
KV Pharmaceutical 02/09/2009 700 N/A
Nissan Motor 02/08/2009 20,000 8%
Apartment Investment 02/06/2009 300 5%
Allis-Chalmers 02/06/2009 235 8%
Merix Corp. 02/06/2009 230 6%
International Rectifier 02/05/2009 850 18%
Power-One Inc. 02/05/2009 1,000 22%
Bombardier 02/05/2009 1,360 4.5%
Estee Lauder 02/05/2009 2,000 6%
Talbots Inc. 02/05/2009 370 17% -p
Time Warner Cable 02/04/2009 1,250 3%
THQ Inc. 02/04/2009 350 16%
Harman International 02/04/2009 1,110 9.4%
Finisair Corp. 02/04/2009 200 17%
ON Semiconductor Corp. 02/04/2009 350 3%
Panasonic 02/04/2009 15,000 5%
Allergan 02/04/2009 560 5%
Electronic Arts Inc. 02/03/2009 1,100 11%
PNC Financial Services 02/03/2009 5,800 10%
King Pharmaceuticals 02/03/2009 760 22%
Liz Claiborne 02/03/2009 725 8%
SAS 02/03/2009 3,000 13% -n
Huntington Bancshares 02/03/2009 500 4%
Atlas Copco 02/02/2009 3,000 9%
QAD Inc. 02/02/2009 125 8%
Macy's 02/02/2009 7,000 4%
NEC 01/30/2009 20,000 7%
Hitachi 01/30/2009 7,000 2%
Sears Holdings Corp 01/30/2009 300 -l 4.34% -m
Electro Scientific 01/30/2009 84 11.9%
IDT Corp. 01/30/2009 146 8.5%
A.H. Belo Corp. 01/30/2009 500 14%
Tribune Co. 01/30/2009 300 -k N/A
Caterpillar 01/30/2009 22,110 -j N/A
Baldwin Technology 01/30/2009 80 12%
American Axle 01/30/2009 3,000 N/A
Pep Boys 01/30/2009 50 N/A
KCOM Group Plc 01/30/2009 150 N/A
Chartered Semiconductor 01/29/2009 600 8%
Alexza Pharmaceuticals 01/29/2009 52 33%
International Game Tech 01/29/2009 200 10%
Charles Schwab Corp. 01/29/2009 500-600 3.7%-4.5%
Chico's FAS 01/29/2009 180 11% -i
Eddie Bauer Holdings 01/29/2009 193 15% -h
Black & Decker 01/29/2009 1,200 5%
Bon-Ton Stores Inc. 01/29/2009 1,150 3%
Zygo Corp 01/29/2009 NA 7%
Accuray Inc. 01/29/2009 60 13% -g
Broadcom Corp. 01/29/2009 300 3%
Eastman Kodak 01/29/2009 4,500 18%
AstraZeneca 01/29/2009 7,400 11%
Ford Motor Credit 01/28/2009 1,200 20%
Analogic Corp. 01/28/2009 140 9%
Ferro Corp. 01/28/2009 125 2% -f
Avocent Corp. 01/28/2009 170 8%
Boeing Co. 01/28/2009 10,000 6% -d
Bowne & Co. 01/28/2009 200 6%
Sepracor Inc. 01/28/2009 530 20%
Allstate Corp. 01/28/2009 1,000 -e 2.6%
Cabot Corp. 01/28/2009 500 12%
Skyworks Solutions 01/28/2009 150 4%
Citrix Systems 01/28/2009 N/A 10%
Jabil Circuit 01/28/2009 3,000 4.92%
AOL 01/28/2009 700 10%
Starbucks 01/28/2009 6,700 4%
SAP 01/28/2009 3,000 6%
STMicroelectronics 01/28/2009 4,500 9%
Avery Dennison 01/27/2009 N/A 10%
Baker Hughes 01/27/2009 1,500 4%
Corning 01/27/2009 3,500 13%
Cooper Industries 01/27/2009 2,200 7%
Clariant 01/27/2009 1,000 5%
Texas Instruments 01/26/2009 3,400 12%
Home Depot 01/26/2009 7,000 2%
Sprint Nextel 01/26/2009 8,000 13%
Pfizer 01/26/2009 8,300 10%
ING 01/26/2009 7,000 5%
Philips Electronics 01/26/2009 6,000 5%
Corus 01/26/2009 3,500 10%
Harley-Davidson 01/23/2009 1,100 11%
Microsoft 01/22/2009 5,000 5%
Huntsman 01/22/2009 1,175 9%
Intel 01/21/2009 6,000 -c 7%
UAL 01/21/2009 1,000 2%
Eaton 01/20/2009 5,200 6%
Bose 01/20/2009 1,000 10%
Rohm & Haas 01/20/2009 900 5.7%
Clear Channel 01/20/2009 1,850 9%
ConocoPhillips 01/16/2009 1,300 4%
Circuit City 01/16/2009 34,000 100% -a
Pfizer 01/16/2009 3,200 -b 3%
AMD 01/16/2009 1,100 9%
Hertz Global Holdings 01/16/2009 4,000 13%
Wellpoint 01/16/2009 1,500 3.6%
Saks 01/15/2009 1,100 9%
MeadWestvaco 01/15/2009 2,000 10%
Autodesk 01/15/2009 750 10%
Motorola 01/14/2009 4,000 6%
Barclays 01/14/2009 2,100 1.3%
Neiman Marcus 01/13/2009 375 3%
Cummins 01/13/2009 800 2%
Seagate Technology 01/12/2009 800 10%
Cessna 01/12/2009 2,000 N/A
Walgreen 01/08/2009 1,000 9% -o
Lenovo Group 01/08/2009 2,500 11%
EMC 01/07/2009 2,400 7%
Logitech International 01/06/2009 500 5%
Alcoa 01/06/2009 15,000 14.5%
Cigna 01/05/2009 1,100 4%
a. Company in liquidation
b. Includes announcements of 2,400 cuts on Jan. 16 and 800 layoffs on Jan.
13.
c. Number of employees affected by plant closures, not all will lose jobs
d. Includes Jan. 9 announcement of 4,500 layoffs from commercial-airplane staff
e. Reductions to come over the next two years
f. Cut in Limoges, France manufacturing plant
g. Percentage of U.S. work force
h. Percentage of non-retail staff
i. Percentage of headquarters staff
j. Includes 20,000 job cuts announced Jan. 26 and 2,110 announced Jan. 30
k. All cuts from Los Angeles Times
l. Approximate number of corporate staff cuts
m. Percentage of cuts made to corporate staff
n. The work force will be reduced by another 5,600 staff as divisions are divested or outsourced.
o. The percentage represents cuts made to eligible corporate positions and certain field-management positions
p. Percent of corporate-level jobs.
Order free Annual Report for Apartment Investment & Mgmt.
Co.
Visit http://djnewswires.ar.wilink.com/?link=AIV or call
1-888-301-0513
Order free Annual Report for Analogic Corporation
Visit http://djnewswires.ar.wilink.com/?link=ALOG or call
1-888-301-0513
Order free Annual Report for Avocent Corporation
Visit http://djnewswires.ar.wilink.com/?link=AVCT or call
1-888-301-0513
Order free Annual Report for Baldwin Technology Co., Inc.
Visit http://djnewswires.ar.wilink.com/?link=BLD or call
1-888-301-0513
Order free Annual Report for Bowne & Co., Inc.
Visit http://djnewswires.ar.wilink.com/?link=BNE or call
1-888-301-0513
Order free Annual Report for ConocoPhillips
Visit http://djnewswires.ar.wilink.com/?link=COP or call
1-888-301-0513
Order free Annual Report for Electronic Arts
Visit http://djnewswires.ar.wilink.com/?link=ERTS or call
1-888-301-0513
Order free Annual Report for Microsoft Corporation
Visit http://djnewswires.ar.wilink.com/?link=MSFT or call
1-888-301-0513
Order free Annual Report for SAP AG
Visit http://djnewswires.ar.wilink.com/?link=SAP or call
1-888-301-0513
Order free Annual Report for Sepracor
Visit http://djnewswires.ar.wilink.com/?link=SEPR or call
1-888-301-0513
Order free Annual Report for Sears Holdings
Visit http://djnewswires.ar.wilink.com/?link=SHLD or call
1-888-301-0513
Order free Annual Report for Seagate Technology
Visit http://djnewswires.ar.wilink.com/?link=STX or call
1-888-301-0513
Order free Annual Report for Wellpoint Health Networks
Visit http://djnewswires.ar.wilink.com/?link=WLP or call
1-888-301-0513
Order free Annual Report for Zygo Corporation
Visit http://djnewswires.ar.wilink.com/?link=ZIGO or call
1-888-301-0513