LayoffBlog.com

Blockbuster Inc. plans to close 810 to 960 stores by the end of next year, including 280 to 300 normal closures and 300 to 385 accelerated closures this year.

Source: WSJ

Verizon’s Chief Financial Officer John Killian is not sugarcoating what’s in store for the ILEC’s workforce: more job cuts are coming. During an investor conference late last week, Killian said additional employee reductions are necessary, but would not offer a specific timeline when these cuts would occur. Over the past year, Verizon laid off 8,000 workers with plans to cut another 8,000 in the second half of 2009.

Source: FierceTelecom.com

NetJets Inc., the unprofitable plane-leasing unit owned by Warren Buffett’s Berkshire Hathaway Inc., is cutting more than 300 jobs after replacing its chief executive officer.

“Severe economic conditions facing the aviation industry” have reduced demand for flights, Columbus, Ohio-based NetJets said today in an e-mailed statement. Ted Lowen, a spokesman for NetJets, said the cuts could affect as many as 350 employees. The company said the reduction involves about 5 percent of staff, which was about 8,000 at the end of 2008.

Source: Bloomberg

Raytheon Technical Services Co. LLC of Indianapolis has reduced its work force by 77. Spokesman Gerald Petrie says the workers impacted were manufacturing support and the company is focusing more on engineering. He adds Raytheon hired more than 100 engineers and scientists over the last 12 months in Indianapolis. Approximately 1,200 employees work at the east side facility.

Source: InsideIndianaBusiness

The Dell call center in Twin Falls, ID is closing. That means hundreds of workers will have to look elsewhere soon for jobs. The announcement came Thursday afternoon — that Dell was closing its center. About a quarter of the 500 workers will either be relocated or work from home.

Source: KTVB.com

Virginia-based Stanley Inc. confirmed Wednesday that nearly 140 jobs could be eliminated at its Morgan Research unit in Orlando as a result of a disputed Army contract award.

The engineering services company, based in Arlington, has issued layoff notices to 136 workers at the Central Florida Research Park unit, which provides financial analysis services to the Army’s training contract agency, based at the park.

Source: OrlandoSentinel

(Germany) DHL will eliminate 560 jobs in Germany as a result of the insolvency of German retailer Arcandor, the company announced.

Source: Joc.com

According to Dennis Rooney, Vice President of Human Resources for the Manitowoc Foodservice Company, more than two dozen employees were let go from the Kolpak plant located in Parsons.

The layoffs come after the McCall’s Refrigeration plant was recently shut down, displacing 53 workers. The plant was permanently closed on September 1.

A total of 30 employees were let go from the Parsons plant, which was renamed after the conversion with the McCall plant. The new operation is called Manitowoc Food Service Walk-ins.

Source: DecaturCountyOnline

Southern Connecticut Gas Co. has told the union representing company employees that the utility plans to lay off 54 workers by the end of the year, a union official said.

Mike Wargo, president of United Steel Workers Local 12000 , said Monday that company executives told him 27 union members and an equal number of non-union workers would lose their jobs “sooner rather than later.”

Source: iStockAnalyst

Capgemini Energy LP, which is a venture of TXU Corp. and its subsidiaries and technology outsourcing company Capgemini America Inc., said in a warn letter filed in Austin last week that the company will lay off 85 employees, effective Nov. 1.

The jobs included in the cuts include senior analysts, project managers, test analysts, software engineers and other professional and management positions.

Source: Dallas Business Journal

Wackenhut, the Palm Beach Gardens-based security company, has notified the Florida Agency for Workforce Innovation that it plans to lay off 158 employees in Miami by Nov. 2.

Source: South Florida Business Journal

The U.S. Postal Service, the nation’s second-largest employer, offered buyouts on Tuesday to quickly slash up to 30,000 jobs as it grapples with declining mail volume and embraces more automation.

Source: Reuters

Google CEO Eric Schmidt resigned from his post on Apple’s board of directors due to what Apple called a conflict of interest.

5 Reasons Schmidt Left Apple Board:

1. Apple’s rejection of Google Voice from the App Store;
2. The iPhone vs. Google Android rivalry is heating up;
3. Let’s not forget Apple’s App Store vs. Android Market;
4. Both Google and Apple are entrenched in the Web browser game;
5. Apple and Google will also soon compete in the OS market, too.

Source: ChannelWeb

The U.S. Postal Service is considering ways to save money on mail delivery as Americans send less mail and the service loses more money. Among the options under consideration are reducing post office hours, closing some post offices, consolidating processing centers and ending Saturday delivery.

Source: CNN

Adopting the robot janitor character from the Disney/Pixar movie “WALL-E” as their poster child, a group of janitors laid off from Pixar Animation Studios protested today outside Pixar’s Emeryville headquarters.

Nine out of a staff of 21 janitors were laid off in January when Pixar entered into contract with a new janitorial firm, Preferred Building Services Inc., which has offices in San Francisco.

Source: MercuryNews

The Los Angeles Times will deliver the Orange County Register to homes and vending machines beginning in September, the two newspapers said Wednesday.
55 full-time and 143 part-time Register circulation and distribution workers would be laid off, and 721 independent contractors who deliver the Register would be affected.

Source: LATimes

~News submitted by upthecreek

Verizon Communications Inc. said Monday it will cut more than 8,000 employee and contractor jobs before the end of the year in the wireline business, speeding up its efforts to keep costs in line, according to chief financial officer John Killian.

Verizon ended the quarter with 235,000 employees, up from 229,000 a year ago, despite already cutting 8,000 jobs during the year. Contractor jobs are not included in those totals.

Source: GoogleNews, AP

~News submitted by upthecreek

The composite second-quarter earnings for companies in the Standard & Poor’s 500 Index are expected to drop 31% from a year earlier, compared with a decline of 35% predicted last week.
Declines are expected in nine of the 10 sectors in the S&P 500 Index from a year earlier. The health-care sector is the only one expecting an increase in earnings, of 2%.

Source: WSJ

About 1,700 jobs are to be cut at Continental Airlines Inc., which on Tuesday reported an increased second-quarter loss.

Source: Pacific Business News (Honolulu)

The new owner of an iconic Waikiki property that was featured in the opening title shot of the 1970s TV series “Hawaii Five-0″ said Tuesday it plans to cease operations of the building’s Ilikai hotel in two days. The closure will put as many as 142 union members out of work.

Source: CNBC, AP

~News submitted by upthecreek