List of layoffs Xgreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread |
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
CHICAGO (June 14, 2001 07:08 p.m. EDT) - Tribune Co. said Thursday it plans to reduce its work force by about 6 percent through job cuts and buyouts in the wake of an advertising slump that has sent revenues reeling at Tribune and other media companies.The announcement, involving more than 1,500 jobs, came as the newspaper publisher and television broadcaster warned its earnings will fall short of expectations in the current quarter.
-- Martin Thompson (mthom1927@aol.com), June 14, 2001.
June 15, 2001 Nortel laying off ADDITIONAL 10,000 for a TOTAL of 30,000. Lost $19 BILLION last quarter.June 14, 2001 Exelon laying off 300 because of its earlier merger.
-- Paul (skypilot99@aol.com), June 15, 2001.
June 14, 2001 Taos gave 50% pay cuts.June 14, 2001 Geoworks laying off 43 people.
June 14, 2001 Kodak is laying off 25%.
June 14, 2001 MetalSpectrum.com closed.
June 14, 2001 IgniteMedia.com cut 25%, Rest could be gone by month's end
June 14, 2001 cPulse.com closing soon.
June 14, 2001 Compaq will announce another big round of layoffs soon.
June 14, 2001 Firepond.com laid off 30%.
-- Paul (skypilot99@aol.com), June 15, 2001.
June 15, 2001 FirstLook.com laid off most of remaining 53 employees.June 15, 2001 Humongous Entertainment fired 82 employees or 1/3.
June 15, 2001 AuctionWatch.com laid off 15%.
June 15, 2001 Xerox fired 1,000 people in Rochester.
-- Paul (skypilot99@aol.com), June 15, 2001.
DISNEY CUTS JOBS, PAY TO SAVE $$ By PAUL THARPJune 16, 2001 -- Walt Disney is firing 25 percent of the staff at its famed animation studio, which created classic hits such as "The Lion King," "Cinderella" and "Snow White." Disney is slashing its work force there to about 1,368 at the end of 2003 from 1,846, to cut costs, according to a report in the Los Angeles Times.
Those lucky enough to keep their jobs will have their paychecks slashed 30 to 50 percent, said the report, quoting Disney sources.
-- Martin Thompson (mthom1927@aol.com), June 16, 2001.
June 18, 2001 Level 3 - 1400 jobs - 25% of workforce.June 18, 2001 Purchase Pro 50% of workforce.
June 18, 2001 Applied Innovation 15% of workforce.
June 18, 2001 Snap On Tools closing 2 plants.
-- Paul (skypilot99@aol.com), June 18, 2001.
June 18, 2001 Digital Convergence laid off 160 employees which is basically everyone.June 18, 2001 Commission junction laid off about 40% of staff
June 18, 2001 Aluminium.com closing soon.
June 18, 2001 Cnet going to cut 170 people
June 18, 2001 Omaha Application closed.
June 18, 2001 Cellmania laid off another 15 to 25 people.
June 18, 2001 Point.com closed. Fired everyone.
-- Paul (skypilot99@aol.com), June 18, 2001.
SAN JOSE, Calif. (AP) via NewsEdge Corporation -Knight Ridder, the nation's second-largest newspaper publishing company, is cutting 1,700 jobs to deal with a tough market for advertising sales.
-- Martin Thompson (mthom1927@aol.com), June 18, 2001.
June 19, 2001 Selectron cutting 12,600 on top of previous cuts.
-- Paul (skypilot99@aol.com), June 19, 2001.
June 19, 2001 The New York Times Cocutting 9% of workforce or 1,200 workers.tJune 19, 2001 ScottishPower will sell half of its retail business, close the rest, & lay off 600. This will lead to loss of 1400 jobs in the UK.
-- Paul (skypilot99@aol.com), June 19, 2001.
June 20, 2001 BroadVision.com. Another round of layoffs soon.June 20, 2001 Ericsson may be announcing major layoffs Friday.
June 20, 2001 Meals.com closed.
June 20, 2001 PhoneFree.com ending PC-to-phone call service
June 20, 2001 Bluefly.com laid off 32 workers or 35%.
June 20, 2001 VA Linux will layoff a lot of people soon.
June 20, 2001 Collabria.com closing.
June 20, 2001 PurchasePro.com fired half their staff.
-- Paul (skypilot99@aol.com), June 20, 2001.
June 20, 2001 Arzoo.com closed.June 20, 2001 Intel laid off 300 people from their Denmark office.
June 20, 2001 New York Times cutting 9% of its 14,000 employee
June 20, 2001 Forbes.com laid off 21 of 100 employees.
June 20, 2001 eMarketer.com laid off 8 employees.
June 20, 2001 Tektronix laid off 50 people. Another 100 may be coming end of month.
June 20, 2001 Dotcast.com fired 15 to 20
June 20, 2001 Teradyne laying off 180.
June 20, 2001 WonderHorse.com laid off just about everyone.
June 20, 2001 Aveus fired two-thirds of their staff.
-- Paul (skypilot99@aol.com), June 20, 2001.
Thomaston Mills files Chapter 11http://www.accessatlanta.com/partners/ajc/epaper/editions/today/busine ss.html
Thomaston Mills Inc. filed Tuesday for Chapter 11 bankruptcy protection. The Thomaston-based maker of pillowcases and comforters has been in trouble for two years. Its troubles culminated last week in the firing of more than 500 of its 1,400 employees. The 102-year- old company and Thomaston's largest employer said it will cease operations by Aug. 1.
-- Andre Weltman (aweltman@state.pa.us), June 20, 2001.
June 21, 2001 Time Magazine is firing up to a dozen editorial employees after they couldn't get volunteers to reduce workforce to 6%. 12 people were already fired earlier in the year. A total of 38 people will have been fired in total. This is separate from 530 people fired earlier at Time Inc.
-- (skypilot99@aol.com), June 21, 2001.
June 21, 2001 Company: Collective Technologies firing up to 600.June 21, 2001 Niku fired everyone in the Lincolnshire
June 21, 2001 eLaw.com closed.
June 21, 2001 Traffic.com fired around 30%
June 21, 2001 iAsiaWorks.com American force getting laid off. Hong Kong employees in couple days. Taiwan soon and Korea very soon.
June 21, 2001 eRewards.com fired all its tech staff
June 21, 2001 Dice laid off about 15-20 people, more to come
June 21, 2001 Disney's California office just cut 100 employees.
June 21, 2001 FitnessHeaven.com fired almost everyone.
June 21, 2001 Commerce One: Hit laying off.
June 21, 2001 Mercado Software laying off 20% sales marketing staff
June 21, 2001 Bid.com was delisted by NASDAQ today.
-- (skypilot99@aol.com), June 21, 2001.
June 21, 2001 Exodus laying off about 450.
-- (skypilot99@aol.com), June 21, 2001.
Gap plans to cut jobs Specialty retailer to cut 10,000 headquarter positions by up to 7% June 21, 2001: 5:28 p.m. ET NEW YORK (CNNfn) - Specialty retailer Gap Inc. announced Thursday that it will reduce five to seven percent of 10,000 headquarter jobs and could take a pretax charge of up to $20 million.
-- Martin Thompson (mthom1927@aol.com), June 21, 2001.
June 22, 2001 Maxtor laying off 700 in Singapore.June 22, 2001 Sanmina has laid off 7200 or 30% since March.
-- Paul (skypilot99@aol.com), June 22, 2001.
June 22, 2001 Listbot.com - Microsoft shutting it down.June 22, 2001 AudioBase.com fired 20 people (50%)
June 22, 2001 iMediation.com going to layoff a bunch of U.S. staff
June 22, 2001 Swapit.com closed.
June 22, 2001 Collabria closed.
-- Paul (skypilot99@aol.com), June 22, 2001.
June 22, 2001 Milwaukee Journal/Sentinal Company (newspaper) laying off about 30 from advertising. Lots of newspaper companies laying off advertising peoples.
-- Paul (skypilot99@aol.com), June 22, 2001.
June 22, 2001 Gap - I thought Gap was laying off 7% of 10,000 employees. But, it looks like its 10,000 employees its laying off...
-- Paul (skypilot99@aol.com), June 22, 2001.
Seattle-based 2Way Corp. laid off 23 employees last week, leaving the company with about 41 employees in its Seattle and Waltham, Mass., offices, said Harry Little, vice president of operations and legal affairs.The company will also ask some employees to take "short unpaid leaves" Little said, though he declined to be more specific.
-- Martin Thompson (mthom1927@aol.com), June 22, 2001.
Seattle Times business reporterA bad second half in fiscal 2001 led Cutter & Buck yesterday to announce cost-cutting measures, including the elimination of 45 jobs - the first time the Seattle-based company has had to lay people off.
-- Martin Thompson (mthom1927@aol.com), June 22, 2001.
June 23, 2001 APW Ltd laid off an additional 550 people. APW has cut 1/4th of its payroll since November. It has also closed 5 plants.June 23, 2001 Vishay Cera-Mite laying off 49 in Oconto, Wisconsin.
June 23, 2001 Froedtert Malt, 135-year-old supplier to brewery industry, permanently closing plant and laying off 125 employees.
-- Paul (skypilot99@aol.com), June 23, 2001.
STAMFORD, Conn. (Reuters) via NewsEdge Corporation -International Paper (IP.N) said on Monday it will cut 3,000 jobs, or 10 percent of its domestic workforce, as part of a restructuring program.
The company said the majority of the job reductions will occur in the next 12 months through a streamlining of its staff support functions, as well as through organizational changes within several of its operating businesses.
-- Martin Thompson (mthom1927@aol.com), June 26, 2001.
Cap Gemini to Lay Off 2,700By IDG Jun 26 2001 08:29 AM PDT
The staff reductions will mainly affect the company's operations in the U.S., the U.K., and the Nordic countries, and across its telecommunication operations worldwide.
BERLIN - IT consulting and software company Cap Gemini Ernst & Young LLP (CGEY) has announced plans to cut 2,700 jobs, out of its worldwide workforce of 60,000.
-- Martin Thompson (mthom1927@aol.com), June 26, 2001.
SAN JOSE (Reuters) via NewsEdge Corporation -Metricom Inc. (MCOM.O), a designer of wireless telecommunications systems, said on Tuesday that it had cut its staff by 23 percent as it worked to conserve cash.
Metricom said it will have 451 employees worldwide following the latest job cuts which it said were necessary to help it continue operations beyond August. In March, Metricom cut 179 jobs as part of efforts to reduce costs.
-- Martin Thompson (mthom1927@aol.com), June 26, 2001.
Fedders Earns Drop; Cutting Jobs, MovingLIBERTY CORNER, N.J. (Reuters) - Air treatment products maker Fedders Corp. (NYSE:FJC - news) said on Tuesday that third-quarter earnings dropped nearly 60 percent and it will cut 800 jobs in the United States by moving some production to Asia.
-- Martin Thompson (mthom1927@aol.com), June 26, 2001.
Weiner's Stores to Shut DownHOUSTON (AP) - Weiner's Stores Inc., a troubled chain of retail clothing stores based in Houston, announced Tuesday that it will close all of its stores and eliminate 2,700 jobs by September
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
CNS to Cut 25 Percent of Work Force By KARREN MILLS, AP Business WriterMINNEAPOLIS (AP) - CNS Inc. (NasdaqNM:CNXS - news), the maker of Breathe Right nasal strips and other health care products, said Tuesday it has cut 25 percent of its work force as it restructures.
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
Philips Plans to Cut 1,235 JobsAMSTERDAM, Netherlands (AP) - The Dutch electronics company Royal Philips Electronics NV said Tuesday it will cease making mobile phone handsets, an operation which has cost the company of millions of dollars annually, and is creating a venture with a Chinese company to make them
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
Aether to Cut $78 Million in Costs OWINGS MILLS, Md. (Reuters) - Wireless data products and services provider Aether Systems Inc. (NasdaqNM:AETH - news) said on Tuesday that it sees ``flat to modest'' revenue growth for the rest of the year while it cuts as much as $78 million in costs, including jobs, amid a slowing economy.
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
Tuesday June 26 11:52 AM ET Deutsche Bahn to Cut 6,000 JobsBERLIN (AP) - The national railway Deutsche Bahn plans to close eight repair stations by the end of 2003, eliminating about 6,000 of its nearly 23,000 maintenance jobs.
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
Kemet Announces U.S., Mexico CutsGREENVILLE, S.C. (AP) - Kemet Corp. (NYSE:KEM - news) said it will cut about 14 percent of its work force in the United States and Mexico because of an industrywide slump in demand for its electronic parts. The company employs nearly 12,200 workers worldwide
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
Micron Imposes Hiring FreezeBOISE, Idaho (AP) - The weak market for computer components has prompted Micron Technology Inc. (NYSE:MU - news) to impose a hiring freeze.
The Boise-based computer chip manufacturer normally hires 100 to 200 people a month. The slow market for its products makes the cost- saving measures necessary, spokesman Sean Mahoney said Monday.
``The philosophy at Micron among the executive management is to protect our work force, but we're looking to cut costs in certain areas,'' he said. ``It's been since 1985 that we've had layoffs at Micron Technology.''
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
Covad to close BlueStar unit, cut jobs (UPDATE: Adds details, dateline prev. Santa Clara)PALO ALTO, Calif., June 25 (Reuters) - Covad Communications Group Inc (Nasdaq:COVD - news), the high-speed Internet service provider, on Monday said it would close its BlueStar Communications Group subsidiary and lay off about 400 people employed there.
The jobs being cut represent close to a quarter of Covad's 1,700- person head count.
-- CAkidd (CAkidd_94520@yahoo.com), June 26, 2001.
Lucent plans more layoffs Telecom equipment maker’s job cuts could exceed 10,000 By Dennis K. Berman THE WALL STREET JOURNAL June 27 — Lucent Technologies Inc. is preparing for an additional round of layoffs that could exceed 10,000, as the telecommunications- equipment maker continues its massive restructuring, according to people familiar with the matter. Though the exact layoff number is still being determined, people close to the situation said Lucent will announce its intentions as part of its fiscal third-quarter earnings in late July.
-- Martin Thompson (mthom1927@aol.com), June 27, 2001.
JDS eyes deeper job cuts Fiber-optic component maker says cut beyond 5,000 job reduction now 'likely'June 27, 2001: 10:18 a.m. ET
NEW YORK (CNNfn) - Fiber-optic component maker JDS Uniphase Corp. now expects layoffs to exceed the 20 percent cut in its work force announced in April, a company spokeswoman said Wednesday.
-- Martin Thompson (mthom1927@aol.com), June 27, 2001.
June 27, 2001 Nasdaq cuts 140 jobs or 10% of work force.
-- Paul (skypilot99@aol.com), June 27, 2001.
New Zealand NewsInsurance giant cuts jobs
28.06.2001
State Insurance, New Zealand's biggest fire and general insurer, plans to lay off up to 245 staff and close more than 30 branches, including four Auckland offices.
-- Martin Thompson (mthom1927@aol.com), June 27, 2001.
June 26, 2001 Nextoffice.com closed.June 26, 2001 DowJones.com is laying off.
June 26, 2001 Sapient will soon reduce its workforce again by 15%.
June 26, 2001 Fast Company magazine cut 10
June 26, 2001 Dash.com closed.
June 26, 2001 Tower Records faces bankruptcy
June 26, 2001 Click2Net closed.
June 26, 2001 iVillage is slashing 50% of their workers
June 26, 2001 eFront Media closed.
-- Paul (skypilot99@aol.com), June 27, 2001.
Wednesday June 27 6:59 PM ET 360networks Will Lay Off 44 Percent of Workforce VANCOUVER (Reuters) - Cash-strapped 360networks Inc. (TSX.TO) (NasdaqNM:TSIX - news) said on Wednesday it would slash 800 jobs, or 44 percent of its workforce, to cut costs as a slumping economy assaults telecoms and fiber-optic firms.
-- CAkidd (CAkidd_94520@yahoo.com), June 27, 2001.
By Cynthia L. Webb Washington Post Staff Writer Wednesday, June 27, 2001; Page E05
Aether Systems Inc., once one of the region's fastest growing companies, has eliminated nearly 200 jobs and may cut more as it adjusts to tighter spending by businesses and consumers on wireless technology.
-- CAkidd (CAkidd_94520@yahoo.com), June 27, 2001.
By Lori Enos E-Commerce Times June 27, 2001So far this year, 74,199 dot-com job cuts have been reported, a running total that is already 80 percent more than all of the dot-com layoffs in 2000.
The number of dot-com job cuts fell for the second month in a row and reached the lowest point since November, according to a report released Tuesday by Chicago, Illinois-based executive search firm Challenger, Gray & Christmas (CGC).
CGC reported that 31 percent fewer employees got pink slips from their dot-com employers in June than in May. A total of 9,216 job cuts were reported in June, compared to 13,419 in May.
"I feel like we are nearing the back end of the shakeout," CGC chief executive officer John A. Challenger told the E-Commerce Times.
However, Challenger added that there would always be job cuts as the sector continued to grow and mature.
"The larger dot-coms, many of which are virtual extensions of brick- and-mortar businesses, have been able to survive -- albeit tenuously - - due to the life support provided by the primary, Old Economy division of the company," Challenger said. "However, these larger dot- com (and) Old Economy companies have been unable to escape the slowing economy and are increasingly turning to job cuts to contain costs."
Still More
Even though the total number of job cuts is dropping, June's job cuts were still more than five times as many as the 1,652 reported in the year-earlier month, near the start of the dot-com shakeout.
Over the past six months, 74,199 dot-com job cuts have been reported - - 80 percent more than all of the dot-com layoffs in 2000.
Dot-com job cuts set a record in April when 17,554 dot-com employees lost their jobs.
E-tailers: Cut Here
E-tail job cuts dropped by more than half in June, falling from 310 to 127. In April, e-tail job cuts soared to 2,284.
"I think much of the shakeout occurred as mom-and-pops were bought out," Challenger said.
According to Challenger, e-tailing was "sorting itself out" and there were some e-tailers that "just can't make it."
Challenger told the E-Commerce Times last month that it was inevitable that e-tail layoffs would start to slow down once the field was cut back to "companies that have models that will allow them to be profitable."
Tech Sees Pink
Technology firms that provide infrastructure support to other dot- coms led the pink slip parade with 5,817 announced job cuts, CGC said. June was the fourth consecutive month in which infrastructure firms posted the highest number of layoffs.
Other sectors seeing high numbers of job cuts include professional services firms, which saw 1,185 jobs slashed, and customer service firms, with 1,130 job cuts.
Hard Hit
Companies announcing layoffs this month include women's online network iVillage, which announced last week that it would reduce its head count from somewhere in the "high 300s" to fewer than 200 employees.
iVillage said that the "rightsizing" was necessary to eliminate redundant jobs created by its US$20 million acquisition of rival Web site Women.com.
Business-to-business (B2B) e-commerce company PurchasePro (Nasdaq: PPRO) said last week that it was slashing its workforce by approximately 50 percent, as part of a new cost control program. When the job cuts are complete, PurchasePro will have fewer than 300 employees.
-- CAkidd (CAkidd_94520@yahoo.com), June 27, 2001.
Thursday, June 28, 2001 - Rockwell dismissing 119 in Milwaukee area as part of 1, 000 job cutsLA CROSSE, Wis. (AP) -- Trane Co. has announced plans to lay off 72 production workers when it closes its North Side La Crosse compressor plant at the end of August.
JDS Uniphase Corp. laid off 550 of its Ottawa workers yesterday -- one day after it dropped 150 contract workers from its local workforce -- and more JDS workers will likely join their unemployed colleagues in a future round of layoffs, the company confirmed yesterday. This week's layoffs at the optical equipment maker "represent the remainder of the 2,300 layoffs [in Ottawa] we announced in April," said Lori Goulet, a spokeswoman for JDS.
-- Doris (nocents@bellsouth.net), June 29, 2001.
Agere Cuts 4,000 JobsBy Reuters June 29, 2001 12:13 PM ET
Agere Systems on Friday said it would cutting another 4,000 employees, or about 25 percent of its work force, and expected to take up to $900 million in charges as it restructures its business to cope with the severe downturn in the semiconductor industry.
The optical-components maker, a former unit of Lucent Technologies that was spun off in late March, said the job reductions were in addition to the 2,000 employees that had been laid off from the company in April.
-- Martin Thompson (mthom1927@aol.com), June 29, 2001.
Saturday, June 30, 2001 at 10:00 JST TOKYO — Japan's biggest electronics maker, Hitachi Ltd, said on Friday it would cut 550 jobs at a Singapore unit and move the business to either China or Indonesia in a revamp of its Asian colour television operations.
-- Martin Thompson (mthom1927@aol.com), June 30, 2001.
DMC Stratex shuts plant in Tukwila Telecom 'meltdown' blamed; 260 workers in region affectedSaturday, June 30, 2001
By JOHN COOK SEATTLE POST-INTELLIGENCER REPORTER
Citing weakening demand for wireless telecommunications products, DMC Stratex Networks yesterday said it would close its Tukwila manufacturing facility effective immediately and consolidate operations at its headquarters in San Jose, Calif. The move -- announced to employees at the Embassy Suites Hotel yesterday morning -- will affect about 260 workers in Seattle, with about 60 of those staying on for a couple of months to help with the transition before losing their jobs and 30 others being offered full- time positions in San Jose. The rest lose their jobs immediately
-- Martin Thompson (mthom1927@aol.com), June 30, 2001.
June 28, 2001 VA Linux quit making computers, fired 35% of 436.June 28, 2001 Firestone closing plant.
June 28, 2001 Vindigo reducing workforce.
June 28, 2001 Scoot.com - UK based directory service announced big layoffs, the resignation of their CEO.
June 28, 2001 Cap Gemini Ernst & Young laying off 2,700 of 60,000
June 28, 2001 Lucent, which currently employs around 102,000 people, is about to lay off more probably after Agere did so.
June 28, 2001 2bridge.com closed.
-- Paul (skypilot99@aol.com), June 30, 2001.
ONdigital to cut hundreds of jobsCost cuts aimed at tackling slowdown in advertising sales By Saskia Wirth, FTMarketWatch.com 2:07:00 PM BST Jul 1, 2001 LONDON (FTMW) - ONdigital may axe hundreds of jobs in an effort to cut costs to cope with the continuing slowdown in advertising sales, the Observer newspaper reported. The exact number of redundancies is expected to be announced this week, when ITV unveils its rebranding strategy for ONdigital, which will be renamed ITV Digital as part of its integration into ITV, the paper said.
-- Martin Thompson (mthom1927@aol.com), July 01, 2001.
July 2, 2001 Art Techology 20%.July 2, 2001 3M 5000 cuts since April announcement.
July 2, 2001 Avanel 300 more cuts.
July 2, 2001 Netro made 25% cuts since peak.
July 2, 2001 Saprient making 14% more cuts.
July 2, 2001 Office Depot closing Private Placement Notes (Whatever that is)....
-- Paul (skypilot99@aol.com), July 02, 2001.
July 2, 2001 Netaddress, provider of @usa.net email addresses, promised "free email for life," no longer free.July 2, 2001 Ticketmaster's Citysearch.com laying off this week.
July 2, 2001 Webvan doing 25-to-1 reverse stock split. Every 25 of 8 cent webvan shares worth $2.00 share.
July 2, 2001 IBM memo to employees outlining voluntary seperation procedure -- 13% may take the package.
July 2, 2001 DSL.net laid off 90
July 2, 2001 Wingspan Bank by Bank One closed.
July 2, 2001 Avenue A closed London office, fired 18 people.
July 2, 2001 Globix laid off 38 folks
July 2, 2001 Hewlett-Packard asking 45,000 U.S. employees to take pay cut or use more vacation by end of October.
July 2, 2001 ITspace.com laid off 50%
July 2, 2001 360Networks bankruptcy, eliminated 800 worldwide.
July 2, 2001 Broadvision may have closed all Australian operations.
July 2, 2001 Kmart laid off 135 information tech jobs or 10% of IT.
July 2, 2001 Access Magazine has suspended publication, closed.
July 2, 2001 BeyondWork.com laid off 50%. Third layoff in 12 months, down to 15 employees from 100.
July 2, 2001 YardConnect.com closing.
July 2, 2001 Atofina, 5th largest chemical company in world, laying off 1,300 of 70,000 from Philadelphia location.
July 2, 2001 Commerce One - 3,400 employees.
-- Paul (skypilot99@aol.com), July 02, 2001.
Equant may shed up to 13,000 jobs 09:19 Monday July 2, 2001, ReutersDutch-based high-speed network service provider Equant plans to axe 10,000-13,000 jobs when it merges with France Telecom's Global One corporate telecom unit, daily Les Echos said. While the company will not announce a restructuring before it has informed employees, Equant is targetting 23 percent of its joint workforce with Global One, the newspaper said, citing an Equant director. Jobs are most likely to go in Britain and France, it said
-- Martin Thompson (mthom1927@aol.com), July 02, 2001.
July 3, 2001 Fedders Corp. cutting 800 jobs, closing Maryland plant & moving some air-conditioner production to Asia. Production also reduced in Illinois, North Carolina, Tennessee.July 3, 2001 Inman Mills closing Riverdale Plant & cutting 110 jobs. The yarn mill operated since 1928. Inman Mills in January announced plans to close its Inman Plant & cut 120 jobs
July 3, 2001 Weiner's Stores Inc. in Houston will close all its stores & fire 2,700 by September. Last October, they filed for bankruptcy & closed 44 of its 141 stores affecting 1,100 employees.
-- Paul (skypilot99@aol.com), July 03, 2001.
July 3, 2001 Manitowoc Cranes closing plant in York, Pa. Firing 73.Article in paper today about companies giving voluntary or forcible 'vacations' to employees instead of laying them off. I call this "hidden layoffs." It means that more people are being temporarily 'laid off' this way, given pay cuts and other benefit cuts which are in addition to the layoff figures in other companies.
-- Paul (skypilot99@aol.com), July 03, 2001.
JULY 03, 00:17 ESTIBM Laying Off 1,000 Workers
ARMONK, N.Y. (AP) — International Business Machines Corp. is laying off about 1,000 workers in its Global Services group because their skills are no longer needed, according to a published report.
-- Martin Thompson (mthom1927@aol.com), July 03, 2001.
Payless, lender reach deal; company to close 42 stores
By DAN MARGOLIES - The Kansas City Star Date: 07/02/01 22:15
Payless Cashways Inc.'s main lender, which went to bankruptcy court Monday seeking to put the company out of business, agreed late in the day to throw Payless a lifeline as part of Payless' plan to restructure its debt and close 42 more stores.
The stores each employ between 25 and 30 workers, meaning as many as 1,250 persons will lose their jobs. Barron said that some would be offered positions at other stores but that most would be let go. Payless now has more than 6,000 employees.
-- Martin Thompson (mthom1927@aol.com), July 03, 2001.
July 3, 2001 Metricom - chapter 11 bankruptcyJuly 3, 2001 Live365.com laid off 22
July 3, 2001 Phase2Media closed. Everyone laid off
July 3, 2001 frogdesign laid off most of LA office, closed Israeli office.
July 3, 2001 Razorfish about to close their Helsinki office.
July 3, 2001 Bolt.com laid off 50 more people.
July 3, 2001 Intira laid off 125 people. July 3, 2001 ImageX.com laid off 60 employees or 20%.
July 3, 2001 Snowball.com will be laying off alot soon.
-- Paul (skypilot99@aol.com), July 03, 2001.
- IBM Trims 1,500 Global Services Jobs - AP (Jul 3, 2001) - Equant to cut 3,000 jobs: Report - CNN (Jul 2, 2001) - Vindigo trims staff, lands new funding - CNET (Jul 2, 2001) - ATG Slashes More Jobs as Losses Mount - NewsFactor Network (Jul 2, 2001) - FastComm Cuts Costs With Layoffs, Closings - Washington Post (Jul 2, 2001) - Law Firms Cut Partners in Slowdown - NY Times (registration req'd) (Jul 2, 2001) - Garden Mail-Order Firm Closes - AP (Jun 29, 2001) - Hewlett Asks Employees to Take Cuts - Reuters (Jun 29, 2001) - Abbott to Put 900 People Out of Work - Reuters (Jun 29, 2001) - Truck maker cutting 1,120 jobs - Bloomberg News (Jun 29, 2001) - Deere to cut 1,250 white-collar jobs - Chicago Tribune (Jun 29, 2001) - Agere to cut 4,000 jobs and take $900m charge - Financial Times (Jun 29, 2001) Related Web Sites
-- CAkidd (CAkidd_94520@yahoo.com), July 03, 2001.
Tuesday, July 03, 2001 11:07 PM ETHONG KONG -(Dow Jones)- Pacific Century CyberWorks Ltd. (PCW) said Wednesday it will lay off 340 employees from Aug. 20 as part of a new growth strategy for its Internet services business.
In a brief statement the telecom operator and Internet services provider said it would "reduce the number of positions in areas where existing jobs can be combined, merged with another function, or eliminated."
-- Martin Thompson (mthom1927@aol.com), July 04, 2001.
NEW YORK (CNNfn) - British telecom equipment maker Marconi PLC announced Wednesday that it plans to cut 4,000 more jobs and said its operating profit would be halved this year in a tougher-than-expected market.
-- Martin Thompson (mthom1927@aol.com), July 04, 2001.
Siemens Cuts Another 2,000 JobsHB/svu MUNICH. The Siemens Business Services (SBS) division of the electrical engineering and electronics giant is feeling the effects of the crisis in the high-tech industry.
The Siemens group announced Wednesday that a further 2,000 permanent jobs are to be cut at the division. Of these, some 1,600 will go in Germany, and the remainder abroad, a spokeswoman said.
-- Martin Thompson (mthom1927@aol.com), July 04, 2001.
TORONTO - Delano Technology Corp. is cutting 180 jobs – 60 per cent of its global staff – as the company struggles with slumping revenues.
-- Martin Thompson (mthom1927@aol.com), July 04, 2001.
Marconi stock crashes 53% after earnings warnings & layoffs. Yikes!
-- Paul (skypilot99@aol.com), July 05, 2001.
July 5, 2001 About.com laid off 12 to 50..July 5, 2001 Handtech.com closed.
July 5, 2001 Unisys is about to lay off a lot this or next week.
July 5, 2001 Multex.com cutting 15%
July 5, 2001 CoreExpress.com will layoff up to 75% soon.
-- Paul (skypilot99@aol.com), July 05, 2001.
One.Tel's next biggest rival, Primus Telecom, laid off more than 120 staff yesterday as the downturn in the telecommunications sector bites deeper.Primus said the move to lose 35 permanent staff and 93 workers employed through the agency IPA was due to a "consolidating several business units". The agency workers were employed in Primus's calls centre operations and the permanent staff were from across the company.
-- Martin Thompson (mthom1927@aol.com), July 06, 2001.
July 7, 2001 Tri-Clover will eliminate 200 of 271 jobs & close Pleasant Prairie, Wisconsin plant shifting remaining employees elsewhere.
-- Paul (skypilot99@aol.com), July 07, 2001.
Input via E-Mail by MargaretFoster Gallager has closed down Brecks Bulbs, New Holland Bulbs, Michigan Bulb Co, Gurneys, Starks, Henry Field, American Wildflower, and Springhill Nurseries. 3000 jobs are lost and the forme employees will have to get in line with the other creditors to get any retirement funds they have coming. Starks Nursery has been in business for 185 years
-- Martin Thompson (mthom1927@aol.com), July 07, 2001.
July 7, 2001 Framfab, once Europe’s largest Internet consultancy, is on the verge of collapse.July 7, 2001 SightSound.com laid off most of its 18-person staff.
July 7, 2001 Groundswell - another round of layoffs & closing LA, San Diego & NYC offices
July 7, 2001 About.com laid off 12 to 50
Jul7 7, 2001 Handtech.com closed.
July 7, 2001 Unisys is about to lay off alot of people next week or so.
-- Paul (skypilot99@aol.com), July 07, 2001.
July 9, 2001 Webvan unable to survive. Chapter 11. Closing all offices. 2000 jobs.July 9, 2001 Newfocus laying off 900.
-- Paul (skypilot99@aol.com), July 09, 2001.
July 9, 2001 Macromedia going to lay off 250.July 9, 2001 Lucent employees have until 5 PM tomorrow to decide whether to take early retirement package or be laid off in 30,000 layoffs.
July 9, 2001 Christianity.com laid off 30 or 50%.
July 9, 2001 Sponsorships.net closed.
July 9, 2001 WebMethods is cutting 15% of staff
July 9, 2001 Broadband2Wireless closed. Chapter 7 bankruptcy
July 9, 2001 WebBasis (Formerly Catholic Online) laid off 90 of 100.
-- Paul (skypilot99@aol.com), July 09, 2001.
CHICAGO (Reuters) - Corning Inc. (GLW), the world's largest fiber- optic cable maker, said on Monday it would cut 1,000 jobs, close three plants, and take second-quarter charges totaling about $5.1 billion because of the slowdown in the telecommunications sector.
-- Martin Thompson (mthom1927@aol.com), July 09, 2001.
Tuesday, July 10, 2001; 5:18 p.m. EDTHOUSTON –– In its second wave of staffing cuts this year, Compaq Computer Corp. said Tuesday it was trimming 4,000 more jobs, bringing the total number of workers it plans to cut this year to 8,500.
-- Martin Thompson (mthom1927@aol.com), July 10, 2001.
July 11, 2001 Alcatel cutting another 2000.July 11, 2001 Newport Corp. laying off 200 or 10%
July 11, 2001 Conexant Systems Inc. cutting 450 more jobs. They previously announced 1,500 layoffs in March. With the new cuts it will make 25% of workforce.
July 11, 2001 BAE laying off 1150.
July 11, 2001 ABBN freezing hiring.
-- Paul (skypilot99@aol.com), July 11, 2001.
July 11, 2001 About.com laid off 20.July 11, 2001 eVoice.com closed.
July 11, 2001 eYada.com laid off remainder of 90 employees. Closed.
July 11, 2001 Blue Martini is about to layoff 30%.
July 11, 2001 MusicMatch laid off.
July 11, 2001 Newport.com laid off 1/3rd.
-- Paul (skypilot99@aol.com), July 11, 2001.
SCOTS plastics and specialist materials company Low & Bonar, which closed down its head offices in Dundee and relocated to London in February, may have to axe a fifth of its workforce after reporting a loss of £3.3 million for the first six months of the year.The 100 jobs under threat are at Low & Bonar’s plant in Sheffield, which makes plastic parts for seats and roofs in tractors and other off-road vehicles.
-- Martin Thompson (mthom1927@aol.com), July 11, 2001.
June 11, 2001 AOL MAY BE LAYING OFF 10,000 to 12,000. If that is true, I would imagine Nasdaq crashing quite a few percentage points.....June 11, 2001 ThirdGeek.com entire staff has left.
June 11, 2001 Organic laying off 35% of their London office.
June 11, 2001 eLabor.com laid off 50.
June 11, 2001 IBM restructuring their PC Division. All salespeople into Sales & Distribution division. 5,000 will be laid off.
-- Paul (skypilot99@aol.com), July 11, 2001.
Getty Images Inc. of Seattle warned that its second-quarter revenues were below forecast and announced it will lay off 300 employees, or 13 percent of its work force.
-- Martin Thompson (mthom1927@aol.com), July 11, 2001.
PARIS (Reuters) - Gemplus, the world's biggest maker of smart cards, will cut around 450 jobs from its global workforce of 7,800 over the next few months under a restructuring plan, a spokesman said on Wednesday.Aside from the 200 previously announced job losses from the closure of a plant in Germany, the remaining 250 job cuts -- a mixture of forced and voluntary redundancies -- will come largely in the United States, the spokesman said.
-- Martin Thompson (mthom1927@aol.com), July 11, 2001.
END OF THREADGo To
Layoff XI
-- Martin Thompson (mthom1927@aol.com), July 11, 2001.