List of Layoffs IXgreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread |
DUNMORE, Pa. (AP) - Thomson Consumer Electronics plans to close its plant here in August and move its manufacturing jobs to Mexico, putting some 1,070 people out of work, company officials said Friday.
-- Martin Thompson (mthom1927@aol.com), May 25, 2001
The start of a trend.
-- Chance (fruitloops@hotmail.com), May 25, 2001.
It looks like, if American industry moved to Costa Rica, they would have more reliable sources of electrical power than in California.
-- R2D2 (r2d2@aearthend.net), May 25, 2001.
( May 26, 2001 )EASTPORT -- Fifty workers will lose their jobs when Gates Formed- Fibre Products Inc. closes its Eastport processing plant at the end of the year.
''High energy costs have killed our hopes for this plant,'' company President David McMahon said in a statement. ''We could not overcome the financial burden of paying some of the highest electric and gas rates in the nation, despite good production rates and excellent employees.''
-- Martin Thompson (mthom1927@aol.com), May 26, 2001.
May 28, 2001 Isuzu Motors firing 25% of workforce.
-- Paul (skypilot99@aol.com), May 28, 2001.
Philips chip plant to lay off at least 200Cutback will be reviewed after 90 days
Mike W. Thomas Most of the manufacturing workers with Philips Semiconductors in San Antonio are being asked to take a 90-day leave of absence from their jobs as part of a cost-saving measure that will effectively shut down plant operations for the time being.
-- Martin Thompson (mthom1927@aol.com), May 29, 2001.
May 29, 2001 EMC laying off 1100.
-- Paul (skypilot99@aol.com), May 29, 2001.
May 29, 2001 Internet.com. More layoffs coming.May 29, 2001 MySpace.com closed.
May 29, 2001 StockHouse.com fired 50 or 70%.
May 29, 2001 Covad ready to close soon?
May 29, 2001 NetSales.com close to closing.
May 29, 2001 Scotsman.com going to layoff 25%.
-- Paul (skypilot99@aol.com), May 29, 2001.
Wednesday, May 30, 2001 at 09:00 JST TOKYO — Struggling automaker Mitsubishi Motors Corp said Tuesday it will introduce an early retirement program to phase out up to 1,200 jobs.
-- Martin Thompson (mthom1927@aol.com), May 29, 2001.
May 30, 2001 Supervalu to close 19 Laneco stores.May 30, 2001 Supervalu to close 11 Cubs Foods stores.
May 30, 2001 Stoughton Trailers to lay off 1000.
May 30, 2001 ABC to lay off 125.
May 30, 2001 Nasdaq to lay off 50 to 60.
-- Paul (skypilot99@aol.com), May 30, 2001.
May 30, 2001 Business 2.0's may close friday or soon after.
-- Paul (skypilot99@aol.com), May 30, 2001.
Roche to cut 3,000 jobs at drugs division By David Pilling, Pharmaceuticals Correspondent Published: May 29 2001 19:47GMT | Last Updated: May 29 2001 21:11GMTRoche is to axe more than 3,000 jobs at its flagship pharmaceuticals division - about 8 per cent of the troubled unit's workforce.
-- CAkidd (CAkidd_94520@yahoo.com), May 30, 2001.
Sunday May 27 8:12 AM ET P&G Says 2,500 U.S. Staff Mulling Buyouts CHICAGO (Reuters) - Consumer products giant Procter & Gamble Co. (NYSE:PG - news) said on Saturday that about 2,500 employees are considering buyouts under a plan to trim its U.S. work force by 3,400 positions in a worldwide overhaul.
-- CAkidd (CAkidd_94520@yahoo.com), May 30, 2001.
Wednesday May 30 12:38 PM ET Cognos Cuts 300 Jobs, Warns of Weak Quarter By Ian KarleffTORONTO (Reuters) - Canadian software maker Cognos Inc. (Toronto:CSN.TO - news) (NasdaqNM:COGN - news), reduced first-quarter earnings and revenue projections on Wednesday for a second time because of a slowing U.S. economy, and slashed its global workforce by 10 percent as it remains ``cautious'' over European sales growth.
-- CAkidd (CAkidd_94520@yahoo.com), May 30, 2001.
Wednesday May 30 3:45 PM ET McLeodUSA to Cut 600 JobsCEDAR RAPIDS, Iowa (AP) - Telecommunications provider McLeodUSA Inc. (NasdaqNM:MCLD - news) announced Wednesday it will eliminate about 600 jobs, or 5 percent of its work force, to reduce costs.
-- CAkidd (CAkidd_94520@yahoo.com), May 30, 2001.
NEW YORK (Reuters) - Internet media company Marketwatch.com Inc. (NasdaqNM:MKTW - news) said on Wednesday that it was planning to cut more than 15 percent of its work force in an effort to cut costs, becoming the latest casualty of the online ad slowdown.
-- CAkidd (CAkidd_94520@yahoo.com), May 30, 2001.
May 31, 2001 CompUSA 700 employees.May 31, 2001 Pall Corp. 500 or 5% of employees.
-- Paul (skypilot99@aol.com), May 31, 2001.
May 31, 2001 CSFDirect firing 180 in second round of layoffs.
-- Paul (skypilot99@aol.com), May 31, 2001.
May 31, 2001 Hookt.com bankruptcy.May 31, 2001 Beatnik laid off 36.
May 31, 2001 Xuma.com didn't get some funding, will be closing.
May 31, 2001 Globix fired 120
May 31, 2001 Aqueduct.com laid off over 25 people.
May 31, 2001 Bitlocker.com closed.
May 31, 2001 Dantis.com closed & laid off 180 people.
May 31, 2001 Ingredients.com closed, filed chapter 7 backruptcy
May 31, 2001 MarketWatch.com laying off 40 or 15%.
May 31, 2001 One.Tel closed.
-- Paul (skypilot99@aol.com), May 31, 2001.
Thursday May 31 12:24 PM ET Bethlehem Steel Moving to Cut Workforce NEW YORK (Reuters) - Bethlehem Steel Corp. (NYSE:BS - news) said Thursday it is taking steps to improve financial performance, including increased spending controls and additional reductions in its salaried work force.In a brief statement, the second-largest U.S. steel producer said the steps were outlined in a letter sent to employees last Friday. Company officials were not immediately available to elaborate.
------------------------ Thursday May 31 1:11 PM ET French Co. to Close Underwater Plant
PORTLAND, Ore. (AP) - French telecommunication equipment manufacturer Alcatel says it will close its Portland underwater cable manufacturing plant this year and lay off 480 employees.
About 100 of the Portland employees lost their jobs Tuesday, and Alcatel will phase out the remaining jobs as it closes the plant by the end of this year, said Alcatel spokesperson Brian Murphy.
-- CAkidd (CAkidd_94520@yahoo.com), May 31, 2001.
Boise based Extended Systems has announced they will cut 15 percent of their worldwide work-force, a total of 50 employees. They will also sell their Printing Solutions business to Troy Group. The moves are expected to help streamline operations throughout the company.
-- Martin Thompson (mthom1927@aol.com), May 31, 2001.
NEW YORK (CNNfn) - For the first time in its 55 year-history, package shipper Airborne Inc. said Friday it is cutting 640 jobs, about 2.5 percent of its work force, the latest company to fall victim to the slowing economy.
-- Martin Thompson (mthom1927@aol.com), June 01, 2001.
May 30, 2001 Roche laying off 900.June 1, 2001 Visual Network closing plant. Laying off.
-- Paul (skypilot99@aol.com), June 02, 2001.
June 1, 2001 Edmunds.com will layoff 50 employees on July 4th.June 1, 2001 CashWars Inc. closed.
June 1, 2001 Cognos is laying off 10% of workforce.
June 1, 2001 Hologix closing. Firing 200+
June 1, 2001 eMadison.com closed. Laid off everyone.
-- Paul (skypilot99@aol.com), June 02, 2001.
Hardware Store Closing Leaves Lubbockites UnemployedDozens of local workers will soon be out of job when longtime building supply store, Payless Cashways, closes its doors in Lubbock. Payless Cashways will be one of seven stores in six states to shut down.
The chain filed for Chapter 11 bankruptcy about four years ago, and is periodically closing stores. The stores involved in the latest round of closings are in Lubbock, Colleyville, Texas, and Oklahoma City, Oklahoma. Stores will also close in Kansas, Arizona and Kentucky.
These closings will cost 214 workers their jobs.
-- Martin Thompson (mthom1927@aol.com), June 02, 2001.
AtomShockwave slashes staff One of the last of the online entertainers will cut 120 of 170 employees, move away from content creation By Ben Berkowitz INSIDE.COM June 1 — AtomShockwave, the company created by the December merger of short-film Web site AtomFilms and animation/games site Shockwave.com, has slashed its staff by more than two-thirds and is closing two major U.S. offices
-- CAkidd (CAkidd_94520@yahoo.com), June 03, 2001.
Business - Reuters - updated 4:28 PM ET Jun 3 Add to My Yahoo! Friday June 1 3:07 PM ET Palm to Make New Job Cuts Next Quarter SANTA CLARA, Calif. (Reuters) - Digital organizer maker Palm Inc. (NasdaqNM:PALM - news) said on Friday it would make new job cuts in its next fiscal quarter, even though it was gaining market share with its newest product.
-- CAkidd (CAkidd_94520@yahoo.com), June 03, 2001.
June 3, 2001 Sino.com laying off 15%.
-- Paul (skypilot99@aol.com), June 04, 2001.
June 5, 2001 Alcatel laying off 900.June 5, 2001 Airborne, parent of Airborne Express laying off 640 or 2.5%.
-- Paul (skypilot99@aol.com), June 05, 2001.
June 5, 2001 CollegeHire closed.June 5, 2001 Commerce One laid off 13.
June 5, 2001 Listen.com may be losing CEO & other officers..
June 5, 2001 seeUthere.com laid off 19.
June 5, 2001 eRegister.com appears to be closing June 15th.
June 5, 2001 Entrust.com, laid off 400
June 5, 2001 Certicom firing 30% of its workforce
June 5, 2001 Zephion appears to be closed & laid off 250.
-- Paul (skypilot99@aol.com), June 05, 2001.
June 6, 2001 Volvo laying off 950.June 6, 2001 Raytheon laying off 460
June 6, 2001 Russell Corp. laying off 800. It will close sewing operations in LaFayette & Alexander City, Alabama; textile operations in Sylacauga, Alabama, & consolidate its Coosa yarn facility near Alexander City, Alabama.
-- Paul (skypilot99@aol.com), June 06, 2001.
June 6, 2001 Music.com fired all their remaining employees.June 6, 2001 Localmusic.com's closed.
June 6, 2001 iBeauty.com will be laying off soon.
-- Paul (skypilot99@aol.com), June 06, 2001.
NEW YORK (Reuters) - Ingram Micro Inc., the world largest distributor of microcomputer products, said Wednesday it will eliminate about 1,000 jobs, close several offices, and record a second-quarter charge amid a softening market for information technology.
-- Martin Thompson (mthom1927@aol.com), June 06, 2001.
June 6, 2001 Gillette laying off 600.June 6, 2001 Artesys laying off 10% to 15%.
June 6, 2001 Lucent giving "early outs" to 10,000. I would imagine this is part of previously announced layoffs.
-- Paul (skypilot99@aol.com), June 06, 2001.
Related Quotes TXN WFR DJIA ^IIX NASDAQ ^PSE S&P 500 35.51 7.06 11070.24 202.36 2217.73 777.46 1270.03 -0.48 +0.14 -105.60 -1.79 -15.93 -7.32 -13.54 delayed 20 mins - disclaimerFull Coverage In-depth coverage about Downsizing and Layoffs Related News Stories · Ingram Micro Lays Off 1,000 Workers - AP (Jun 6, 2001) · FT: Reuters to Cut 500 Posts - Reuters (Jun 6, 2001) · Volvo to Cut 950 Jobs - AP (Jun 6, 2001) · Russell to Cut 800 Jobs - AP (Jun 6, 2001) · General Time Corp. Closes Down - AP (Jun 6, 2001) More... Opinion & Editorials · CEOs get a raise; employees get laid off - Miami Herald (Jun 1, 2001) · When Handed a Pink Slip, Don't Forget to Look for a Golden Opportunity - Washington Post (May 14, 2001) · Job cutting continues in the slumping US market - World Socialist Web Site (Apr 30, 2001) More... Related Web Sites · Mass Layoff Statistics - from the Bureau of Labor Statistics. · Downsizing - senior thesis tracing the origins of the corporate practice also known as rightsizing, or restructuring. Written by Jonathan Lurie. · Layoff, Retraining and Reemployment - site has information for individuals affected by layoffs, and for employers that layoff employees. Alternately, a toll-free line, 1-877-US-2JOBS, is available for those affected. From the U.S. Department of Labor. · Yahoo! Careers - search for jobs by title, company, location, or salary. Also post resumes, research salaries, and more. · Best Practices in Downsizing - Federally sponsored report on the history of the practice, and how it it can be best implemented if necessary. More... Magazine Articles · Pink-Slip Phobia Hasn't Set in Yet - Business Week (May 24, 2001) · Gone But Not Forgotten - Business Week (May 22, 2001) · Laying off CNN's Layoffs - Brill's Content (May 2, 2001) More... Audio · Some Firms Seeking Ways to Avoid Job Cuts - NPR (May 16, 2001) · Cisco Systems Plans More Layoffs - NPR (Apr 17, 2001) · Workers Struggle to Recreate Themselves after Dot Com Layoffs - NPR (Apr 11, 2001) More... Video · Nortel boosts job cuts to 10,000 - CBC (Feb 15, 2001) · Amazon to cut 1300 jobs - MSNBC (Jan 30, 2001) · Press conference on Chrysler layoffs, turnaround plan - DaimlerChrysler (Jan 29, 2001) News Sources · Yahoo News Search · CBS Marketwatch: Layoffs · CNNfn: Pink Slip Blues · LabourStart · LaborNet Related Full Coverage · Labor and Union News · Dot Com Shakeout · U.S. Economy Yahoo! Categories · Employment and Work · Labor · Corporate Ethics & Responsibility More...
Wednesday June 6 8:46 AM ET MEMC Electronic to Cut Jobs, Close Line ST. PETERS, Mo. (Reuters) - Silicon wafer maker MEMC Electronic Materials Inc. (NYSE:WFR - news) said on Wednesday that a downturn in the chip sector will force it to close a small-diameter wafer manufacturing line, resulting in the loss of 300 jobs and a $25 million second-quarter charge
-- CAkidd (CAkidd_94520@yahoo.com), June 06, 2001.
June 7, 2001 Texas Semiconductor idleling 2 plants which employ 1800. Not sure if this is permanent or temporary closing.
-- Paul (skypilot99@aol.com), June 07, 2001.
June 6, 2001 US News and World Report laid off 10%.June 6, 2001 Wapit filing for bankruptcy. Closed.
-- Paul (skypilot99@aol.com), June 07, 2001.
June 6, 2001 Netscape out of browser business. Wonder what that means to folks who are currently using Netscape browsers???June 6, 2001 Zeroplus closed. 31 fired.
June 6, 2001 Excite shut down France, Germany and Spain operations
June 6, 2001 Ingram Micro firing 1,000
June 6, 2001 HiWire.com laid off 24 people today. Once had over 100 people, only 3 weeks of funding left
June 6, 2001 SurfMiles.com closed.
June 6, 2001 Moveline.com laid off 15%.
-- Paul (skypilot99@aol.com), June 07, 2001.
June 8, 2001 Accenture laying off 1,400 people in the U.SJune 8, 2001 Motley Fool fired 45 people
June 8, 2001 Eppraisals.com closed.
Wells Fargo today lost over $1 billion on its venture capital portfolio
June 8, 2001 Dash.com closed.
June 8, 2001 Metalsite.com closed.
June 8, 2001 Epock Internet, the nations largest privately held Tier 1 ISP laid off 90 people or 50%.
-- Paul (skypilot99@aol.com), June 08, 2001.
The Arizona Republic June 06, 2001ON Semiconductor announced its third and biggest layoff of the year today, saying the continuing slump in the economy and computer chip sales would force it to lay off more than 1,000 workers worldwide. Between 135 and 200 Valley workers will be let go.
-- Martin Thompson (mthom1927@aol.com), June 08, 2001.
Friday, June 08, 2001 01:51 PM ETNokia Corp (NOK, news)., the world's largest mobile-telephone company, said it plans to cut 300 jobs at its production plant in Bochum, Germany, in a move to increase efficiency.
The Bochum facility, which employs around 3,000 people, will focus on the final assembly of mobile phones, while part of the current board assembly will be shifted to other Nokia facilities and to contract manufacturers, Nokia said Friday.
-- Martin Thompson (mthom1927@aol.com), June 08, 2001.
Friday June 8, 3:16 PM EDTLOS ANGELES (Reuters) - The Walt Disney Co. on Friday began handing out pink slips to the first of nearly 1,000 employees it will lay off as part of a previously announced plan to trim 4,000 jobs, or 3 percent, from its global work force.
-- Martin Thompson (mthom1927@aol.com), June 08, 2001.
Friday June 8, 4:47 PM EDTBy Yukari Iwatani
CHICAGO (Reuters) - Networking equipment maker Juniper Networks Inc. on Friday warned that its second-quarter results would fall far short of Wall Street estimates and said it would cut 8 percent to 9 percent of its staff amid a slowdown in the telecommunications industry.
The job cuts could affect as many as 104 workers, based on an employee count of 1,162 as of March 31
-- Martin Thompson (mthom1927@aol.com), June 08, 2001.
Saturday June 9, 3:48 AMCaliber Cuts 75 Percent Of Workforce BALTIMORE, MARYLAND, U.S.A., 2001 JUN 8 (NB) -- By Michael P Bruno, Washtech. Baltimore-based Caliber Learning Network Inc. this afternoon said is has eliminated 88 positions, or about 75 percent of its workforce.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Analysts See Staff Cuts at DuPont Unit By Ransdell PiersonNEW YORK (Reuters) - Bristol-Myers Squibb Co. will likely decimate the work force of DuPont Co.'s drug unit to secure the cost savings and other benefits it expects from the $7.8 billion acquisition, analysts said.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
iVillage to trim some Women.com staff By Paul Festa Staff Writer, CNET News.com June 8, 2001, 8:55 a.m. PT update More than a third of Women.com staffers received notice that their jobs will disappear should the company's acquisition by iVillage go through later this month, CNET News.com has learned.Women's-interest portal iVillage, headquartered in New York, in February announced its intention to buy San Mateo, Calif.-based Women.com. iVillage expects to complete that acquisition June 18, at which time 70 of Women.com's 207 employees would lose their jobs.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Friday June 8 8:07 AM ET Molex Plans Deeper Cuts, ClosingsLISLE, Ill. (AP) - Electronics component maker Molex Inc. (NasdaqNM:MOLX - news), blaming weak demand, said it plans to eliminate 900 full-time jobs, cut 600 temporary workers, shutter some plants and write down the value of unsold inventory
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Rockwell To Cut Another 500 JobsMILWAUKEE (AP) - Rockwell International Corp. (NYSE:ROK - news) is eliminating another 500 jobs, or 1.2 percent of its work force, and will close an unspecified number of plants as revenue from its factory-automation business sags along with the economic slowdown
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
By Amy Joyce Washington Post Staff Writer Friday, June 8, 2001; Page E03
Consulting firm Accenture Ltd., formerly Andersen Consulting, said it will eliminate 1,400 jobs -- some temporarily -- because of a growing economic slowdown and a lower-than-usual attrition
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Thursday June 7 12:50 PM ET Reuters Group Shakes Up BoardNEW YORK (AP) - Reuters Group PLC (NasdaqNM:RTRSY - news), a leading supplier of financial news and data, is reorganizing its corporate structure and shaking up its board as a new chief executive prepares to take over next month.
Reuters isn't specifying whether the reorganization will involve layoffs, but the Financial Times reported Thursday that the company will cut 500 jobs in the coming weeks, in addition to the 50 top managers already set to be dismissed. The company has said it hopes to achieve 150 million pounds ($208 million) in annual savings by 2003
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Union: 1,700 Jeep Jobs to Be Cut By JOHN SEEWER, Associated Press WriterTOLEDO, Ohio (AP) - The opening of a highly automated Jeep assembly plant will lead to the loss of about 1,700 workers, fewer than initially expected, union officials said Thursday.
DaimlerChrysler AG (NYSE:DAJ - news), Jeep's parent, previously warned that it may eliminate as many as 2,000 of the division's 5,300 workers.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Ethan Allen to Cut 350 Jobs, Take Charge DANBURY, Conn. (Reuters) - Furniture maker and retailer Ethan Allen Interiors Inc. (NYSE:ETH - news) said on Thursday that it will cut 350 jobs as it consolidates three plants and take a fourth-quarter charge of 10 cents a share.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
By Paul Festa Staff Writer, CNET News.com June 7, 2001, 11:50 a.m. PT Despite a promising market and a healthy war chest, Voxeo, a start-up from Microsoft antitrust-trial architect Gary Reback, laid off nearly 20 percent of its 135 staffers amid a drive for new funding.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Flow International to cut 9.4 percent of work forceBy Bloomberg News
Flow International, the biggest maker of water jets used for cleaning and cutting, will eliminate about 100 jobs, or 9.4 percent of its work force, to reduce costs as sales in its automotive unit decrease
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Thursday June 7 3:36 PM ET GM to Idle Two Michigan Assembly Plants DETROIT (Reuters) - General Motors Corp. (NYSE:GM - news) on Thursday said it will idle two vehicle assembly plants in Michigan next week, affecting more than 3,400 workers, to cut growing inventories of high- end cars.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Thursday June 7 12:31 PM ET Lear Corp. to Cut 150 Jobs By JIM SUHR, AP Business WriterDETROIT (AP) - Auto supplier Lear Corp. (NYSE:LEA - news) said Thursday it plans to cut about 150 hourly jobs by shifting some of its operations to Canada and blamed automaker production cuts for excess capacity.
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
Thursday June 7 5:45 AM ET ON Semiconductor Laying Off WorkersPHOENIX (AP) - ON Semiconductor Corp. (NasdaqNM:ONNN - news) said it is laying off about 1,000 workers worldwide and cutting back the salaries of remaining staff by 10 percent
-- CAkidd (CAkidd_94520@yahoo.com), June 08, 2001.
June 10, 2001 Automatic Media closed.June 10, 2001 Wall Of Sound closed.
-- Paul (skypilot99@aol.com), June 10, 2001.
NEW YORK--Varian Semiconductor Equipment Inc. (VSEA.O), a maker of tools used in the production of microchips, on Monday warned that fiscal third-quarter revenues would fall below earlier expectations due to continued weakness in the chip industry, and said it had reduced its work force by 20 percent since Jan. 1. Revenues in the quarter ending June 30 are now expected to fall 30 percent to 35 percent from a year ago to between $125 million to $135 million. The previous forecast was for a drop of more than 25 percent. The company also said it has reduced its work force by about 20 percent, or about 440 workers, since Jan. 1 through job cuts and attrition. About half of the reduction was among full-time staffers, a spokesman said.
-- Martin Thompson (mthom1927@aol.com), June 11, 2001.
TOKYO (June 11, 2001 08:05 a.m. EDT) - Aiwa Co. will lay off about 250 workers at its Singapore research and development unit by year's end, the struggling Japanese audio equipment maker said Monday.The planned cutbacks affect 86 percent of the 290 people now employed in the division.
-- Martin Thompson (mthom1927@aol.com), June 11, 2001.
Anadigics Inc. (ANAD.O), which makes circuits and chips used in wireless and broadband communications systems, said on Monday it will fire about 65 employees, or 10 percent of its work force, and post a wider-than-expected second-quarter loss.
-- Martin Thompson (mthom1927@aol.com), June 11, 2001.
AutoZone To Close 30 to 60 StoresMEMPHIS, Tenn. (AP) - AutoZone Inc. (NYSE:AZO - news) plans to shut down 30 to 60 stores nationally in the next few months as part of a review of stores that are not meeting performance standards.
Company officials did not identify the troubled stores. They said they did not expect many layoffs.
-- CAkidd (CAkidd_94520@yahoo.com), June 12, 2001.
June 12, 2001 Autozone stores claim that there should not be many layoffs in their planned closing of 30 to 60 stores sounds too good to be true. If each store has 10 employees that would amount to 300 to 600. If each store has 20 employees, it would be doubled, etc.June 12, 2001 Verizon. Announcement said these layoffs would be in addition to previously mentioned layoffs but didn't give a number.
-- Paul (skypilot99@aol.com), June 12, 2001.
June 11, 2001 Rational.Software may make another 10% layoffs.June 11, 2001 Juno and Netzero merging to try to save themselves.
June 11, 2001 AllTrue.com laid off 20%
June 11, 2001 Vitalz.com laid off 11 or 20%
June 11, 2001 Monster.com laid off 46 last week possibly making more.
June 11, 2001 Inceptor.com laid off most of American staff.
June 11, 2001 Pensare.com filed for bankruptcy.
June 11, 2001 Warnaco filed for bankruptcy.
-- Paul (skypilot99@aol.com), June 12, 2001.
June 12, 2001 AdForce closed.June 12, 2001 Women.com laid off 70.
OrderTrust.com is bankrupt & closed
-- Paul (skypilot99@aol.com), June 12, 2001.
June 13, 2001 Avaya (Lucent offshoot) 3000 or 11% layoffs.
-- Paul (skypilot99@aol.com), June 13, 2001.
BOSTON (AP) Polaroid, facing enormous debts as it tries to reposition itself from making cameras and film into digital imaging, said Wednesday it would cut 2,000 jobs, or 25 percent of its global work force. About half the cuts would come in the United States, said spokesman Skip Colcord. Most of the company's domestic work force is in Massachusetts.
-- Martin Thompson (mthom1927@aol.com), June 13, 2001.
June 13, 2001 DoubleClick going to be laying off 10%.June 13, 2001 Zing.com closed
June 13, 2001 Qwest's laid off 50.
June 13, 2001 Terrashare.com closed.
June 13, 2001 Xuma closed.
June 13, 2001 Totale.com
June 13, 2001 AnswerThink shutting down L.A. office. Laying off 40.
June 13, 2001 Dell may be laying off again next week or so.
June 13, 2001 Colo.com laid off 87 people
June 13, 2001 Digiterra laid off 10%.
June 13, 2001 iBEAM may be closing soon.
June 13, 2001 Securify.com laid off between 30 and 40 employees.
June 13, 2001 CoManage.net laid off 70 people or 40-50%
June 13, 2001 Farms.com closing.
June 13, 2001 A. T. Kearney laying off around 40%
June 13, 2001 Ensera.com was laid off Arizona office.
-- Paul (skypilot99@aol.com), June 13, 2001.
June 13, 2001 Tropical Sportswear 160.June 13, 2001 Integrated Devices 900 or 18%.
June 13, 2001 Digitas 180.
June 13, 2001 SONICblue 30%.
-- Paul (skypilot99@aol.com), June 13, 2001.
16:03 EDT WednesdayMail-Well earnings down, will close nine plants Denver-based Mail-Well Inc. said today it will close nine of its U.S. plants and also announced that it expects its second-quarter earnings to fall 81 percent below a year ago.
Company officials said the plant closings are part of a plan to achieve 15 to 20 percent earnings per share growth in the next five years.
No layoffs have been announced by the company yet.
-- Martin Thompson (mthom1927@aol.com), June 13, 2001.
June 14, 2001 Iomega Corp. closing manufacturing plant in Roy and laying off 110 employees. The maker of Zip storage drives is moving all production to Malaysia.June 14, 2001 Infinian Software laying off 160.
June 14, 2001 Georgia Pacific laying off 500.
-- Paul (skypilot99@aol.com), June 14, 2001.
NEW YORK (Reuters) - Furniture and electronic assembly manufacturer Kimball International Inc. (NasdaqNM:KBALB - news) said on Thursday it is cutting another 200 jobs, or 2 percent of its work force, and taking up to $30 million in charges as part of a restructuring plan to contain costs amid the slowing U.S. economy.
-- Martin Thompson (mthom1927@aol.com), June 14, 2001.
06-14-01 SHELTON Conn. (AP) - About 30 warehouse workers are expected to lose their jobs and another 30 will retire early when Timex Corp. shuts its distribution center in Shelton next month.
-- Doris (nocents@bellsouth.net), June 14, 2001.
LONDON (CNN) - Pharmaceutical company GlaxoSmithKline has announced it is axing more than a thousand jobs in Britain.The company said it is closing a plant in Speake, near Liverpool, that employs 500 people, and another 400 workers will go at Barnard Castle in northern England.
A factory in Plymouth, southwestern England, also is expect to be shut down with the loss of 170 jobs.
-- Martin Thompson (mthom1927@aol.com), June 14, 2001.
END OF THREADGo To
List of layoffs X
-- Martin Thompson (mthom1927@aol.com), June 14, 2001.