List of Layoffs IVgreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread |
List of Layoffs IIIList of Layoffs I
-- spider (spider0@usa.net), February 13, 2001
SAN FRANCISCO (February 12, 2001 8:54 p.m. EST http://www.nandotimes.com) - Unable to turn a profit from the official Web site for the Summer Olympics, Quokka Sports Inc. unveiled Monday a new game plan that will cut 217 employees, or 59 percent of its work force.
-- Martin Thompson (mthom1927@aol.com), February 13, 2001.
Boise Cascade to Close Two Idaho Facilities, Cutting 375 Jobs By Erica M. Berardi Editorial Assistant 2/13/01 3:10 PM ET
Boise Cascade (BCC:NYSE - news) will permanently close its plywood and lumber facility in Emmett, Idaho, and its sawmill in Cascade, Idaho, by the middle of the year because of a decline in federal timber sales. Roughly 375 jobs, including 275 at the Emmett facility, 80 at the Cascade sawmill and 20 additional forestry and administrative positions, will be eliminated. Boise Cascade's beam facility in Emmett and its RiverBend remanufacturing plant in Horseshoe Bend will continue to operate.
Boise Cascade, an office goods and paper products company, will continue to have more than 1,300 employees in the state of Idaho. The company has about 25,000 workers overall.
-- Martin Thompson (mthom1927@aol.com), February 13, 2001.
UK10:10 TUESDAY FEBRUARY 13 2001 Prudential to cut 2,000 jobs Prudential announced a shake-up of its direct sales and customer service operations, which will see 2,000 jobs lost.
The insurance company said the job reductions, which would be among its sales force, sales support operations and in central back-office and administration support functions, would take effect over a 12- month period.
Following the changes, its insurance operations, including Scottish Amicable, will employ 9,500 staff in the UK, down from today's figure of 11,500.
-- Martin Thompson (mthom1927@aol.com), February 13, 2001.
Tuesday, February 13, 2001 6:14PM ESTWILLOW GROVE, Pa. -- Kulicke & Soffa Industries Inc. (KLIC) will lay off 300 workers, or 7% of its work force, as part of a cost-cutting plan.
In a press release Tuesday, the supplier of semiconductor interconnect equipment said the majority of the job cuts will take place in the current quarter and include positions in the company's equipment segment, which has experienced
-- Martin Thompson (mthom1927@aol.com), February 13, 2001.
National Steel cuts 400 workersBy Chris Kraeuter, CBS.MarketWatch.com Last Update: 9:03 PM ET Feb 13, 2001 MISHAWAKA, Ind. (CBS.MW) -- National Steel cut 400 employees, or 10 percent of its workforce, as part of a plan to save $45 million to $50 million annually.
The Mishawaka, Ind.-based company (NS: news, msgs) said Tuesday it already has 370 employees on layoff status and that overtime has been cut 70 percent compared to the same period last year.
Additional aspects of the cost reduction plan include shaving 10 percent of the costs of purchased goods and services, certain operational improvements and the reduction of supply chain costs.
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Parts Maker Dana Cut 10,000 Jobs
TOLEDO, Ohio (AP) - Auto parts supplier Dana Corp. posted a fourth-quarter loss Tuesday and revealed the elimination of 10,000 jobs, or 12 percent of its work force, in recent months to counter a slowdown in the auto industry.
The Toledo-based company reported a net loss of $84 million, or 57 cents per share, in the quarter ended Dec. 31. The company broke even in the fourth quarter of 1999.
Excluding one-time charges for additional downsizing, plant closures, costs associated with exiting several lines of business and other items, the company earned $2 million, or 1 cent a share. The results matched Wall Street expectations.
Fourth quarter sales fell 17 percent to $2.69 billion from $3.24 billion in same period in 1999.
``Despite the convergence of so many negative factors impacting the markets that we serve, we will not allow ourselves to accept the kind of financial results we saw this quarter,'' said Dana chairman and chief executive Joe Magliochetti. ``We have taken and will continue to take decisive actions to better position the company for the challenges we are facing in the near term.''
A glut of vehicles and slow U.S. sales have forced automakers to cut production and reduce their parts orders in recent months. As a result, companies that supply automakers with everything from axles to airbags are feeling the pinch.
Dana has closed 11 plants in a little over a year and cut 10,000 of its 85,000 jobs worldwide. The company also has reduced capital spending, consolidated its operations and used the Internet to try to reduce costs.
Delphi Automotive Systems Corp., the world's largest auto parts maker, began temporary layoffs in mid-December, following temporary shutdowns at General Motors Corp., Ford Motor Co. and DaimlerChrysler AG plants. Delphi continues to idle between 2,000-5,000 workers each week, said Alan Dawes, chief financial officer.
While Delphi is optimistic the industry will rebound in the second half of the year, more layoffs and cost cutting are possible, he said.
``We are looking at what we need to do if this doesn't turn around quickly,'' Dawes said. ``I think we're looking at some tough decisions.''
Some auto industry watchers think the slowdown could lead to consolidation among auto parts suppliers.
``It's clearly a very turbulent time for the auto suppliers, and in my opinion not everybody's going to get out of this,'' said David Cole, director of the Center for Automotive Research at the Environmental Research Institute of Michigan.
Compounding the woes are demands from the automakers to cut parts prices. Chrysler has imposed a 5 percent price cut on all of its suppliers this year.
Dana has been hit from all sides in the past year. There have been declines in the big and light trucks market and sport utility vehicles sales have slowed.
The company also was hurt when Ford cut production of the Explorer following problems with Firestone tires. Dana makes axles and drive lines for the Explorer.
For all of 2000, the company earned $334 million, or $2.18 per share, compared with $513 million, or $3.08 per share, during 1999. Sales for all of 2000 were $12.3 billion, down from $13.2 billion in 1999.
Shares of Dana were up 76 cents, or 4.5 percent, to close at $17.75 Tuesday on the New York Stock Exchange (news - web sites).
-- reader (reader@~~~~.com), February 14, 2001.
February 2, 2001 Electric Lightwave Incorporated plans to lay off about 8% including 50 people at its Vancouver headquarters. The Vancouver telecommunications company plans to close sales offices in nine cities. Altogether, 90 positions will be eliminated by Feb. 14.February 2, 2001 Bugle Boy Industries Incorporated: It's taps for Bugle Boy Industries Inc. The apparel company that made parachute pants an '80s fashion statement filed for Chapter 11, the first step in what could be a complete liquidation. The firm has already vacated its longtime Simi Valley headquarters building, laid off, begun closing some of its 150 retail and outlet stores.
February 2, 2001 Knight Ridder Corporation/Akron Beacon Journal is laying off but the total number of layoffs at the paper has not yet been determined, but will be in the double digits. The (Cleveland) Plain Dealer reported Friday that employees were told 40 to 50 jobs could be cut from the Beacon Journal's work force of almost 600 employees - or roughly 8.
February 2, 2001 Hemmings Motor News is laying off 18 workers from its Web site division. The layoffs are the first in the company's 31-year history. The publisher blamed the move on the volatility of the Internet economy.
February 2, 2001 Viasystems Group Incorporated/Viasystems Technolog: About 650 managers, technical workers and production employees lost their jobs this week. They joined more than 400 who were let go in early January.
February 3, 2001 Igaea Incorporated once considered one of the city's more promising technology start-ups. The company earlier this month laid off roughly 60% of its 40 employees to cut costs and restructure as its cash reserves run dry.
February 3, 2001 MapQuest.com Incorporated: Another round of layoffs has hit MapQuest.com. About 20 to 25 workers at its main office in Mountville were idled
February 3, 2001 Multiactive Software Incorporated is laying off 38 people, about 20%
February 3, 2001 Netpliance Incorporated laid off 76 people, or 54%.
February 3, 2001 Cirrus Design Corporation will lay off 120 workers, about 18%.
February 3, 2001 Euro RSCG Tatham Incorporated has laid off about 18 employees.
February 3, 2001 Moffat Communications Limited/Videon Cablesystems has unplugged 11 Edmonton jobs. It has also issued layoff notices to 87 employees in Winnipeg.
February 3, 2001 CFP Holdings Incorporated/Quality Foods LLC fired most of its workforce one day after its parent company filed for bankruptcy protection. The company began breaking the news to the 324 layoff victims & the layoffs were effective immediately. They said that it would keep 83 employees at the plant it would continue taking limited orders from longtime customers.
-- Paul (skypilot99@aol.com), February 14, 2001.
Bloomberg News Goodyear Tire & Rubber Co., the world's biggest tire maker, said it will cut more than 7,200 jobs worldwide, or 6.9 percent of its workforce, as high prices for raw materials, especially products derived from oil, continue to hurt results.
http://www.ohio.com/bj/news/docs/005292.htm
-- spider (spider0@usa.net), February 14, 2001.
February 14, 2001, 1:10 p.m. PTEtown.com laid off its entire staff and shut down operations on Wednesday, one month after the San Francisco-based company's workers were scheduled to vote on union representation.
Etown, which provided news and reviews about consumer electronics products, has run out of money, said Robert Heiblim, the company's chief executive. The company did not have the money to pay workers any kind of severance package; instead, the company transferred its remaining assets to Best Buy, one of its investors, Heiblim said.
-- Martin Thompson (mthom1927@aol.com), February 14, 2001.
02/14 16:26 Xerox Says as Many as 10,000 Jobs May Be Eliminated in 2001 By Leslie MillerNew York, Feb. 14 (Bloomberg) -- Xerox Corp. may eliminate 10,000 jobs, or 11 percent of its workforce, this year as the largest copier company seeks to become profitable again, said Carlos Pascual, executive vice president for developing markets.
``You can look at something around 10,000,'' Pascual said during an interview with Bloomberg TV. ``That's a number that may represent the savings we are trying to get out during 2001.''
Xerox fired 2,000 workers last year and said it would fire another 4,000 in the first quarter. The company plans to cut $1 billion in costs, sell up to $4 billion in assets and exit the financing business to return to profitability. Competition, internal turmoil, a cash crunch and accounting problems caused the company to lose money in the second half of 2000.
``Absolutely, yeah, yeah, it will be over 4,000,'' Pascual said. ``This expense reduction is going to be coming from basically all the different organizations in the company.''
A spokesman for Stamford, Connecticut-based Xerox said the number was speculative.
-- Martin Thompson (mthom1927@aol.com), February 14, 2001.
About 60 employees of the Manhattan-based Sesame Workshop learned yesterday that they were out of work as a result of a strategic partnership that will shift publication of Sesame Street Magazine to The Parenting GroupOriginal Publication Date: 2/14/01
-- Martin Thompson (mthom1927@aol.com), February 14, 2001.
February 15, 2001 Sun Lite (U. K.) laying off 2700February 15, 2001 Ford: Up to 500 workers at the Avon Lake assembly plant could lose their jobs when the night shift is cut next month. The shift is being eliminated because of poor sales of the Mercury Villager and the Nissan Ques.
-- Paul (skypilot99@aol.com), February 15, 2001.
February 15, 2001 eTown.com fired their entire staffFebruary 15, 2001 BroadbandSports.com out of money. 100 layoffs.
February 15, 2001 iSharp closed.
February 15, 2001 NonStopNet.com closed. $60million kaput!
February 15, 2001 Driveway.com closed
February 15, 2001 Freeworks.com closing on the 20th.
February 15, 2001 AnswerThink. Possible more layoffs. New offices may be shut down.
February 15, 2001 iSyndicate.com eliminated 39 positions in the core company.
February 15, 2001 3DO may lay off 100 employees within next 2 wks.
February 15, 2001 ePod.com closed.
February 15, 2001 Z.com closed.
-- Paul (skypilot99@aol.com), February 15, 2001.
http://ap.tbo.com/ap/breaking/MGASDWOQ8JC.html
Dell Computer Cuts 1,700 Jobs in Central Texas
-- spider (spider0@usa.net), February 15, 2001.
February 15, 2001 Clearwater Mills closes for 2 weeks idling 100.
-- Paul (skypilot99@aol.com), February 15, 2001.
CNBC Lays off 45 People [excerpt]The Associated Press, 15 Feb 2001
CNBC is laying off 4 percent of its staff as part of a belt- tightening drive and an additional 26 jobs are being lost at CNBC.com as the financial news network combines the online unit with its television operations.
The elimination of 19 jobs at CNBC disclosed Thursday were part of a company-wide cost-cutting effort implemented at NBC, a unit of General Electric Co., in response to a sharp slowdown in advertising sales. The cuts leave CNBC with a staff of 500.
The company-wide plans, announced about a month ago by NBC chairman Robert Wright, call for cuts of between 5 percent and 10 percent in all divisions of NBC, which would result in a total of up to 600 jobs out of NBC's total work force of about 6,000.
CNBC spokesman Paul Capelli said the cuts came in all divisions of CNBC and CNBC.com...
-- Andre Weltman (aweltman@state.pa.us), February 15, 2001.
February 15, 2001 Nortel laying off 10,000.February 15, 2001 PNC Financial cutting jobs. Unknown number.
February 15, 2001 Cisco ceased hiring due to slowdown in orders.
-- Paul (skypilot99@aol.com), February 16, 2001.
AT&T Broadband Cuts 450 Washington Jobs February 15, 2001 By KOMO StaffSEATTLE - AT&T Broadband announced Thursday that the company will be laying off 450 workers in Washington state.
-- Martin Thompson (mthom1927@aol.com), February 16, 2001.
February 16, 2001 Future Networks firing 18% of workforce. Closing out 10 of it's magazine titles.
-- Paul (skypilot99@aol.com), February 16, 2001.
February 4, 2001 ACH Food Companies Incorporated laying off 100 closing its Greenville rice- processing plant. The plant is one of the largest rice drying & processing plants in the world.February 4, 2001 Clark Material Handling Co. lay off about 60. The company has also frozen wages. The layoffs come less than a year after the forklift manufacturer fired 400 Lexington workers and filed for bankruptcy protection.
February 5, 2001 Lightspan Incorporated. Laying off 24. Small office in Santa Monica, will be closed and its operations moved to San Diego.
February 6, 2001 Commonwealth Industries laid off 39 salaried workers. Commonwealth reduced its Lewisport work force by 20 percent last year, eliminating nearly 200 jobs.
February 6, 2001 American Greetings Corp. is laying off 50 employees or almost 30%. They once employed as many as 650 people.
February 6, 2001 American Buildings Company closed & more than 200 people will lose their jobs or be laid off. 60 employees are expected to lose their jobs, while 150 will be laid off.
February 6, 2001 MDU Communications Inter. Inc. laid off more than half its workforce & is folding operations in Western Canada. MDU laid off 79 people or 62 % of its payroll. It's closing offices in Calgary, Edmonton, Winnipeg & the majority of employees Vancouver head office.
February 7, 2001 Toshiba America Inc. laying off 500 assembly line workers and engineers at its computer-making plant here, shifting much of the work to Asia closer to parts suppliers.
February 7, 2001 ChipPAC will lay off between 10 to 20% of it's 7,000 workers worldwide.
February 7, 2001 YellowBrix Inc. replaced its chief executive last week % unspecified layoffs.
February 7, 2001 Optika Inc. sliced 25%, including 30 employees at its Colorado Springs headquarters.
February 7, 2001 ADS firing 117 & will close its plant in Thetford Mines. Another 40 jobs will be cut when the company closes its plant in Henderson, N.C.
February 7, 2001 Minster Machine Company will lay off 103 of its 850 workers on Feb. 19.
February 7, 2001 Tyco International Incorporated/Simplex Time Recorder has laid off 250
February 7, 2001 Genuardi's Family Markets laid off 40 in the finance, information technology, marketing and accounting departments. An additional 74 of the 238 employees at the corporate headquarters will be laid off by the end of the year.
February 7, 2001 Inc. Magazine Incorporated/Inc.com reduced from 53 to 16 employees.
-- Paul (skypilot99@aol.com), February 16, 2001.
February 7, 2001 LeapSource Incorporated laid off 70 of its 340 employees.February 8, 2001 Leo Burnett Co. is laying off nearly 200 of its 2,100 employees.
February 8, 2001 Voxcom Inc. cut 100 jobs. The job cuts amount to about 25%.
February 8, 2001 Ace-Comm Corp. will lay off 27 employees, or about 15 %.
February 8, 2001 NowDocs Incorporated laid off 35 employees.
February 8, 2001 Tembec Inc. to cut lumber production by about 10%. Tembec is scaling back to 2 daily shifts from 3 at four Ontario mills: The curtailment will result in 135 layoffs, about 3%
February 8, 2001 Cannect Communications Inc. has gone into receivership & laid off about 150 of its 200 full-time workers, making it the latest Canadian service provider to run out of money.
-- Paul (skypilot99@aol.com), February 16, 2001.
Sun Life Financial of Canada is to cut more than 1700 jobs in the UK over the next three years, blaming disappointing sales.
-- Martin Thompson (mthom1927@aol.com), February 16, 2001.
THURSDAY 15/02/01 13:07:13 Irish bathroom firm set to cut jobs Irish bathrooms firm Qualceram Shires is to axe between 60 and 70 jobs at two of its UK manufacturing sites, it has been announced.
-- Martin Thompson (mthom1927@aol.com), February 16, 2001.
February 9, 2001 GE Financial Assurance Partners Marketing Group: A company that performed customer service and telemarketing services for Montgomery Ward laid off 177. They said there is nothing for workers to do following the closing of the 128-year-old retail chain. The marketing company is closing five offices, mostly in Illinois, meaning the loss of 1,028 jobs.February 9, 2001 University of Missouri Health Care laid off 91 & eliminated 322 positions. It was the third, final & most expansive round of staff cuts with the hardest hit being nurses & technical staff. These cuts follow the elimination of 238 positions in Nov. & 17 administrative & managerial positions last month. The combined cuts have reduced the staff of University Hosps & Clinics, Ellis Fischel Cancer Cen. & Columbia Regional Hosp. by 668 positions, or 17%.
February 9, 2001 laid off 37 workers, or 26% of it work force
February 9, 2001 Cooking.com Incorporated eliminated 36 jobs, representing about 20%
February 9, 2001 Offroad Capital Corporation laid off half the staff was let go, 41 people in all.
February 9, 2001 Itochu Corporation/CIPA Lumber Company Limited: A Vancouver Island sawmill has quietly closed firing 95 sawmill workers who have been laid off since last May. CIPA is the eighth coastal sawmill to permanently shut down since 1995
February 9, 2001 Air Fiber laid off 35 employees.
February 9, 2001 Norwalk Furniture Corporation will layoff 100 workers
February 9, 2001 Willamette Industries Inc. closing its Saginaw planer mill in Nov./lay off 60
-- Paul (skypilot99@aol.com), February 17, 2001.
SAN FRANCISCO (AP) -- British publisher The Future Network is exploring the sale of its once-booming technology magazine Business 2.0 and is laying off 350 workers in the face of an advertising downturn.
-- Martin Thompson (mthom1927@aol.com), February 17, 2001.
February 17, 2001 Alltell firing 1000 or 3.7%.February 17, 2001 Rockwell (Milwaukee) to lay off 90 more employees.
February 17, 2001 American Management Systems laying off 700 or 10%
-- Paul (skypilot99@aol.com), February 18, 2001.
February 10, 2001 Volvo Trucks North America will lay off 400 from its New River Valley plant. The company laid off nearly 1,100 workers last year.February 10, 2001 Leggat McCall Properties Incorporated will lay off 20 employees
February 10, 2001 Wave Wholesale Co. has halted construction of a retail center in Bethel, laid off workers and plans to sell off some businesses. The company filed for Chapter 11. The company's financial problems have led to the layoffs of 28 workers in Fairbanks and Anchorage.
February 10, 2001 Citigroup Incorporated/Citifinancial Credit Company. About 150 employees at the Associates' London head office -- more than half the staff -- have been told they'll be without a job as early as May 4. The fate of 50 other employees in the insurance group in London and those in branch operations across the country is still undecided.
February 10, 2001 First Union Corporation/First Union Small Business Capital laid off between 25 and 75 of its workers in West Sacramento. The Money Store was shut down in June, with some 1,600 layoffs.
February 10, 2001 University of Pittsburgh Medical Center Health Systems: 450 employees of a Beaver County hospital were told the facility may close April 15 unless a new buyer is found.
February 10, 2001 Mobilize Inc. will slash 35 jobs, more than a third of its local work force
February 10, 2001 Netergy Networks Incorporated is laying off about 44 employees in its Canadian offices as it restructures operations in Montreal and Hull. Netergy will have about 50 employees remaining in Canada.
February 10, 2001 Credence Systems Corporation will fire 200 workers and force remaining employees to take vacation time. It will lay off 14% of its 1,450 employees
February 10, 2001 Telect Incorporated trimmed its work force Friday by 10%, cutting 136 local jobs and 120 in Mexico. Another 88 local workers were put on leave and told they might resume work once orders pick up.
-- Paul (skypilot99@aol.com), February 18, 2001.
Compuware Corp. cut 40-50 nonbillable administrative jobs from its professional services division this month in an effort to increase profits in the beleaguered division.
-- Martin Thompson (mthom1927@aol.com), February 19, 2001.
February 19, 2001Circuit City may lay off 500 employeesFebruary 19, 2001 The Industry Standard will lay off 75.
February 19, 2001 Aptimus (formerly Freeshop.com) may lay off 50%.
February 19, 2001 Soliloquy.com: If they don't receive financing this week they will be forced to lay off around 80% of staff.
-- Paul (skypilot99@aol.com), February 20, 2001.
February 12, 2001 Quokka Sports Inc. will cut 217 employees, or 58%. These layoffs follow 90 firings in November.February 12, 2001 CenturyTel Incorporated has laid off 85 employees since Jan. 16
February 12, 2001 HPM Corporation laid off 76 people at its factory that makes injection presses, extruders and die-casting machines. The company laid off 76 employees in November, December and January.
February 12, 2001 Turbolinux Inc. laying off but refusing to state how many.
February 12, 2001 EMC Incorporated laid off several hundred workers
February 12, 2001 Agropur Cooperative Agro-Alimentaire Incorporated in Granby, PQ, CANADA & Chambord, PQ, CANADA will close their cheese operations at the plant & will lay off approximately 50 people at the Chambord plant, which employs 114 active persons.
February 12, 2001 GE Lighting has laid off about 4% of its Cleveland-area work force or close to 100 of its 2,500 employees in the Cleveland area. GE Lighting laid off about 250 people, or 1.8%, of its total North American work force of 14,000.
-- Paul (skypilot99@aol.com), February 20, 2001.
February 20, 2001 Webvan quitting Dallas area. Fired 220 employees.February 20, 2001 Applied Riser laid off 120 employees.
-- Paul (skypilot99@aol.com), February 20, 2001.
February 20, 2001 Kinkos and/or Kinkos.com may be laying off thousands of employees later this week.
-- Paul (skypilot99@aol.com), February 20, 2001.
February 21, 2001 VA Linux laying off 25% of workforce.
-- Paul (skypilot99@aol.com), February 21, 2001.
February 22, 2001 WebLink Wireless closing 17 sales offices. Laying off 125.February 22, 2001 GM closing 14 plants & temporarily laying off at least through June.
February 22, 2001 Motorola laying off additional 300.
February 22, 2001 Collins & Aikman freezing hiring due to downturn in automobile industry.
-- Paul (skypilot99@aol.com), February 22, 2001.
February 22, 2001 Driveway.com will close on March 5thFebruary 22, 2001 ChannelPoint.com may lay off 300 to 500 Friday.
February 22, 2001 iBooks.com laid off 30.
February 22, 2001 Webvan.com is laying off employees ceasing operations in Dallas/Ft. Worth.
February 22, 2001 Platform.Net merged with Hookt.com. Now they have laid off unknown number of employees.
February 22, 2001 JobDirect.com may be laying off 40%, including an entire office.
-- Paul (skypilot99@aol.com), February 22, 2001.
February 13, 2002 The Yellow Corporation, a trucking company laid off 160 managers, or about 4% of its executive work force. The company also laid off 75 managers on Jan. 12.February 13, 2001 Clairvoyance Corp. (formerly Claritech) laying off between 40 and 50
February 13, 2001 WRQ Incorporated/Holistix Incorporated laid off an undisclosed number of people.
February 13, 2001 Kulicke & Soffa Indus. Inc. the world's leading supplier of semiconducter interconnect equipment, materials & technology laying off approximately 300 or 7%
February 13, 2001 SonoSite Inc. laid off 10 people, about 5% of its worldwide work force
-- Paul (skypilot99@aol.com), February 22, 2001.
February 22, 2001 Mitshubishi laying off 8000.
-- Paul (skypilot99@aol.com), February 22, 2001.
February 23, 2001 Polaroid firing 900.
-- Paul (skypilot99@aol.com), February 23, 2001.
NEW YORK (Reuters) - Kozmo.com, the Internet company that delivers just about anything in major cities within an hour through its orange- clad delivery people, said on Friday it cut 60 jobs, or 4 percent, of its 1,500-strong staff.
-- Martin Thompson (mthom1927@aol.com), February 24, 2001.
February 14, 2001 Renfro Corporation has cut 51 jobsFebruary 14, 2001 Chicago Bridge and Iron Company cut 130 jobs
February 14, 2001 Etown.com closed its doors. The company laid off its entire 100 employees. Best Buy, an electronics store that loaned etown money to continue its operations, will acquire the company's assets. The company's president and chief operating officer, and employees were given 10 minutes to collect their belongings before the building was closed down.
February 14, 2001 MuseumCompany.com Incorporated has slashed nearly half its work force, marking its second round of layoffs this year. They laid off 45% of its local work force.
February 14, 2001 PlanetRx.com has decided to stop selling a broad line of health and beauty products to focus instead on prescriptions for patients with expensive conditions, including cancer, organ transplants and AIDS. The company will sell its Memphis distribution business and use a smaller facility to handle its new "specialty prescription" business.
February 14, 2001 Boise Cascade Corporation will shut an Idaho sawmill and a larger plant that produces electricity from wood scrap by midyear, cutting about 375 jobs. Most of the layoffs will come from the closing of a power generator in Emmet, Idaho, which had been producing about 8 megawatts for the public electricity grid by burning tree bark and wood shavings. Boise blamed a decline in the availability of federal timber, saying the amount of timber open for harvest has dropped over 90 percent in five years because of Clinton administration environmental policies.
February 14, 2001 Nexfor Incorporated is shutting down a paper mill in Ohio and shifting production to Wisconsin & will cut 305 U.S. jobs
February 14, 2001 National Steel Corporation will cut 200 salaried jobs & lay off an additional 30 hourly workers - raising the total number of hourly workers laid off this year to 400. Of the 370 people laid off at the end of January, about 121 were laid off in Ecorse and the rest of the layoffs were in Indiana, Minnesota and Illinois.
February 14, 2001 Sunshine Mining and Refining Company will cease operations at its historic Sunshine Mine in north Idaho's Silver Valley & lay off 130 employees
February 14, 2001 EmpowerTel Networks Incorporated has closed its operations in Ottawa, laying off all 56 full-time employees and cutting about 10 contract workers. The Ottawa cuts are part of 160 layoffs worldwide
February 14, 2001 ORA Electronics Inc. has been forced to layoff virtually its entire workforce.
-- Paul (skypilot99@aol.com), February 25, 2001.
February 26, 2001 Frank's Nursery files for bankruptcy & plans to closet 24 poorly performing stores. It currently operates 218 specialty retail stores in 15 states. "Our planned program of sales of 44 closed stores did not meet our expectations due, in large part, to market conditions late last year. We intend to continue to pursue these sales aggressively."February 26, 2001 Kosmo.com laying off 60 employees or 4%.
-- Paul (skypilot99@aol.com), February 26, 2001.
February 15, 2001 Dewey Ballantine is laying off between 10 & 15 associates in its Manhattan office, raising the question of whether New York firms are beginning to prepare for a significant downturn in the economy.February 15, 2001 Broadband Sports will cease operations and lay off its 160 employees.
February 15, 2001 McWatters Mining Incorporated will cease operations at its Sigma-Lamaque complex in Quebec for an indeterminate period resulting in the temporary layoff of about 120.
February 15, 2001 Genzyme Corporation/Genzyme Biosurgery/Biomatrix is closing its Pointe Claire plant and eliminating 95 jobs. Genzyme Biosurgery, a division of Genzyme Corp. of Cambridge, Mass., said it is also cutting 50 jobs at Biomatrix of Richfield, N.J.
February 15, 2001 Levenger had its first layoff in 12 years of operation, giving pink slips to 24 people or 8%.
-- Paul (skypilot99@aol.com), February 26, 2001.
February 26, 2001 Refer.com closed.February 26, 2001 The Walt Disney Internet Group will lay off over 100 employees across all departments
February 26, 2001 eMemories.com may be closing.
February 26, 2001 eTour.com: CEO & half of the employees (60) gone
February 26, 2001 Buy.com will lay off about 100 people this week.
February 26, 2001 StoreRunner.com laid off 5 to 10 people per week for 3 to 5 months. Filed for chapter 11. Gone.
-- Paul (skypilot99@aol.com), February 26, 2001.
February 26, 2001 3com laying off 1200 or 4%.February 26, 2001 Mitshubishi laying off 9600 or 13% in Japan.
February 26, 2001 Texas Instruments: Lousy profit reports. Requesting early retirements and freezing hiring.
-- Paul (skypilot99@aol.com), February 26, 2001.
February 27, 2001 Federal-Mogul laying off 1100 & not filling an additional 200 positions.February 27, 2001 Etoys is definitely closing. Firing everyone.
February 27, 2001 Mazda Motor is cutting nearly 10% of its workforce by the end of March. Last year Mazda had intended to recruit early retirees from among ten-thousand clerical and sales staff aged 30 & older in order to cut 1800 jobs. The company closed the retirement package offer on the first day of the offering period, since over 2200 applicants signed up for the early retirement package.
-- Paul (skypilot99@aol.com), February 27, 2001.
February 27, 2001 MusicBank may have laid off 30%February 27, 2001 Branders.Com laid off 1/2 of remaining staff.
February 27, 2001 Borders Books laying off most of their middle managers.
February 27, 2001 ConnectSouth closed.
February 27, 2001 Move.com's 75% of employees were laid off after being bought by HomeStore.com
February 27, 2001 Agillion.com is closing
February 27, 2001 iSearching may have laid off everyone.
-- Paul (skypilot99@aol.com), February 27, 2001.
February 27, 2001 JDS Uniphase laying off 3000. Don't know if this is part of prior announcement or if new layoffs.February 27, 2001 Aspect Communication laying off 160.
February 27, 2001 Home Stores (Not sure about name) closing 500 unproductive stores.
-- Paul (skypilot99@aol.com), February 27, 2001.
Tuesday, February 27, 2001By KATHY MULADY SEATTLE POST-INTELLIGENCER REPORTER
About 200 workers at Eddie Bauer headquarters in Redmond received layoff notices yesterday.
The jobs, all in information services with The Spiegel Group, Eddie Bauer's parent company, will be phased out during the next two or three months.
Another 40 Spiegel jobs were cut at its division in Newport, Va.
-- Martin Thompson (mthom1927@aol.com), February 27, 2001.
Paul, the JDSUniphase cuts appear to be new, coming in a press release dated today (http://cbc.ca/cgi-bin/templates/view.cgi?/news/2001/02/27/jdsuniphase _010227). About 350 contract workers in Ottawa and about 700 in San Jose will lose their jobs immediately. The remaining cuts will be made by June, when the company will then have a work force of 26,000. The company gave a third quarter profit warning on Feb. 15.Meanwhile, Quebecor is eliminating half of its workforce in the Videotron Telecom division (the telecommunications division of Videotron, the largest cable tv company in Quebec)--420 of the 850 jobs there. The job cuts will be made over the next six months.
-- Rachel Gibson (rgibson@hotmail.com), February 28, 2001.
February 28, 2001 Webvan 53 more layoffs than previously announced.February 28, 2001 Lear closing Texas plant, laying off 80.
February 28, 2001 Fukakawa (sp) laying off 3000.
-- Paul (skypilot99@aol.com), February 28, 2001.
February 28, 2001 415.com may be closing..February 28, 2001 WinFire.com may be closing.
-- Paul (skypilot99@aol.com), February 28, 2001.
February 16, 2001 Hill Holliday Connors Cosmopulos s laying off staff at its Boston office, the first cuts in nearly a decade. The 2nd largest ad agency in New England, declined to say how many jobs would be lost. Advertising Age estimated between 20 & 30 positions. A few weeks ago, they cut 30 to 40 jobs at GMO/Hill Holliday office in San Francisco, or about 1/3.February 16, 2001 Spectrum Group Inc. laid off most of its employees and is winding down its business. Spectrum has shrunk from about 100 employees at its peak to about 15.
February 16, 2001 Western Distribution, a warehouse that filled orders for WalMart.com, laid off 100 employees & will close no later than February 2002. Wal-Mart, which has an 18-month contract with Western, is moving its fulfillment orders in-house. 250 people were employed by Western prior to the layoffs
February 16, 2001 Perdue Farms closing night shift at its chicken processing plant. 142 jobs.
February 16, 2001 American Management Systems Incorporated layed off 350 workers. The firm also plans to cut an additional 350 workers from its current U.S. staff of 7,000 by end 2001.
February 16, 2001 DriveOff.com Incorporated closed its doors on Thursday and laid off 70.
February 16, 2001 Myplay.com laying off 41% of its work force or 22 employees
February 16, 2001 Amcast Industrial Corp laying off 300 to 500 workers at Amcast factories
February 16, 2001 Barry-Wehmiller Group Inc. laying off 66 employees
February 16, 2001 The Marmon Group Incorporated/Cerro Metal Products will lay off 28 more employees Sunday, a week after 25 other employees were let go.
February 16, 2001 Leiner Health Products Inc laid off 22 workers at a Garden Grove drug and vitamin factory. They laid off a total of 500 employees in a downsizing, which included plant closures in Michigan, New York and Vancouver, British Columbia.
February 16, 2001 Minnesota Twist Drill layed off 64 of its 195 full-time employees immediately.
February 16, 2001 Moore Corporation Limited/Moore North America Inc will cut 400 jobs. Moore has already slashed 400 jobs in effort to integrate its Canadian and U.S. form & label operations.
February 16, 2001 Columbia Falls Aluminum Co. has begun laying off salaried employees. The company laid off 42 salaried employees earlier this week, bringing to 245 the number of positions cut since the beginning of the year.
February 16, 2001 Wabash Alloys laying off 65 employees April 15.
-- Paul (skypilot99@aol.com), February 28, 2001.
33,000 layoffs normally per month prior to November44,000 layoffs November
134,000 layoffs December
140,000 layoffs January
I think February may have "beaten" January even though shorter month.
Analysts and government keep giving glowing reports for "later this year" but, am I wrong, or are we in serious trouble for a full-blown depression? Nikkei (sp) briefly touched 28 year record low Wednesday (Japan time). Nasdaq hit 26 month low Tuesday. England getting hit with Mad-cow, foot & mouth. Japan had to lower interest rate to almost nothing. Energy crises (Natural gas, power grid's failing in California, gasoline possibly $2 to $3 this summer, record droughts in California, Florida, Montana, etc., etc., etc......) The economy may recover but I just doubt it. I think this may be the "big one" we've been predicting for quite some time cause of private, public and corporate debt, etc. Am I wrong???
-- Paul (skypilot99@aol.com), February 28, 2001.
"record droughts in California"I don't believe this statement is true. We had severe droughts in 1980's, and our snow pack right now is around 90% of normal. We have a few more storms on the way that will bring our needed rain and snowfall to normal. Droughts however, are in Washington and Oregon. This will definately have an impact on the California energy crisis. I look for major blackouts this summer when people turn on their air conditioners. We're in for a long hot summer and a high fire danger season.
-- CAkidd (CAkidd@yahoo.com), February 28, 2001.
Tuesday February 27, 6:56 pm Eastern TimeCalif. regulators to mull halting PG&E, Edison layoffs
SAN FRANCISCO, Feb 27 (Reuters) - Job layoffs by California's near-bankrupt utilities should be halted because customer services are deteriorating, a regulatory judge has recommended.
John Wong, an administrative law judge for the California Public Utilities Commission, which sets energy rates, proposed that the five-member CPUC block plans by Pacific Gas and Electric Co. (PG&E) and Southern California Edison to lay off nearly 3,000 workers to save costs.
CPUC commissioners are expected to discuss the case at a meeting March 7.
PG&E, a unit of San Francisco-based PG&E Corp. (NYSE:PCG - news), and SoCal Edison, a subsidiary of Edison International (NYSE:EIX - news), Rosemead, Calif., are fighting to avoid bankruptcy in the state's energy crisis and have unveiled big cost-cutting programs.
The utilities say that since last spring, they have recorded about $13 billion in red ink buying wholesale power at prices far higher than what they can charge their retail customers because of a rate freeze under California's electric deregulation scheme.
PG&E, which has about 18,800 employees, plans to eliminate 1,000 jobs as part of a $180 million savings program, and SoCal Edison has as many as 1,850 jobs on the block to help cut costs by $465 million a year. SoCal Edison has about 13,000 employees.
Judge Wong, however, in a proposed order dated Feb. 23, said layoffs already made and cuts in overtime hours ``have reduced the level of service below what customers expect as an adequate, efficient, just and reasonable level of service.''
He said he was especially concerned about firing workers during California's winter storm season when employees are needed to clean up and restore service after power outages and answer more telephone calls from customers.
The two utilities serve about 24 million California residents.
Wong's proposed order, sought by a coalition of utility workers, directs PG&E and SoCal Edison to rescind layoffs which affect service levels in answering calls, power outages and service problems, and monthly reading of meters, and bars future layoffs which affect service in those areas.
A spokesman for PG&E said the utility would respond to the judge's proposed order at the CPUC on Thursday, but he noted that the company ``was doing a variety of things, one of which was layoffs, in order to help preserve cash in order to maintain our core business functions.''
A spokesman for SoCal Edison said ``if this proposed order were adopted, it would limit our ability to reduce costs at a time when we have no choice but to do so.''
He said the company considers the proposal ``an inappropriate intrusion into the day-to-day management of the utility.''
The judge's proposed order echoed remarks by Commissioner Carl Wood at a CPUC meeting last week. Wood said if the job layoffs ``negatively impact services, the utilities will be held responsible.''
Wood said PG&E and SoCal Edison have sufficient funds previously authorized by the CPUC to provide adequate services, and he warned they face penalties if they do not give customers '`reliable service.''
-- CAkidd (CAkidd_94520@yahoo.com), February 28, 2001.
February 29, 2001 Worldcom laying off 5000.February 29, 2001 Circuit City laying off 300. I think they laid off around 300 previously this month or last too.
-- Paul (skypilot99@aol.com), March 01, 2001.
February 17, 2001 Cadmus Communications Corp. eliminated 33 jobs at William Byrd Press printing plant.February 17, 2001 Central Maine Power Company laid off 300. The layoffs are in addition to the 78 employees who were offered early retirement packages in December.
February 17, 2001 Progress Energy Incorporated will lay off about 200 workers
February 17, 2001 American Power Conversion Inc. has laid off 50 to 60 or 2.5% to 3%. An analyst suggested there may be more layoffs coming.
February 17, 2001 Innovatv.com Incorporated laid off at least 25 people -- about half its staff
February 17, 2001 Bonar Yarns and Fabrics Limited: laid off 85
February 17, 2001 Derby Cycle USA will close its Kent factory in April & lay off 152
-- Paul (skypilot99@aol.com), March 01, 2001.
February 28, 2001 Lotus (IBM) laif off 168 people..February 28, 2001 eCompanyStore.com just cut 10%
February 28, 2001 Humongous.com closing their online store.
-- Paul (skypilot99@aol.com), March 01, 2001.
End of threadPlease post here List of Layoffs V
-- spider (spider0@usa.net), March 01, 2001.