http://layoffblog.com   Tue, 03 Nov 2009 17:47:38 +0000 http://backend.userland.com/rss092 en Johnson & Johnson said Tuesday that it will cut up to 8,000 employees worldwide as part of a cost-savings plan that will allow the health-care giant to expand its business. Source: CNN Money http://layoffblog.com/2009/11/03/johnson-johnson-to-cut-up-to-8000-jobs/ Cost-cutting plan will strip out 10 per cent of the company's global workforce Source:The Independent http://layoffblog.com/2009/10/30/5000-jobs-to-go-at-shell-as-profits-plunge-73-per-cent/ Sun Microsystems said it will cut 3,000 jobs over the next year, citing delays in its pending acquisition by Oracle, according to a regulatory filing released on Tuesday. Source: CNN http://layoffblog.com/2009/10/20/sun-microsystems-to-cut-3000-jobs/ The number of Americans filing first- time claims for unemployment benefits fell last week to the lowest since January, a sign the labor market is deteriorating more slowly as the economy emerges from the recession. Source: Bloomberg http://layoffblog.com/2009/10/08/us-initial-jobless-claims-decrease-to-10-month-low/ President Barack Obama is considering a mix of spending programs and tax cuts to respond to widening job losses that would amount to an additional economic stimulus without carrying that label. Source: Bloomberg http://layoffblog.com/2009/10/06/obama-weighs-spending-to-stem-job-cuts-without-second-stimulus/ The outplacement firm Challenger Gray and Christmas reported today that planned layoff announcements fell from 76,456 in August to 66,404 in September, the lowest level since March 2008. Source: Examiner.com http://layoffblog.com/2009/10/01/challenger-says-layoff-announcements-at-18-month-low/ Hip clothing maker American Apparel Inc. will lay off more than a quarter of its factory work force in Los Angeles amid a probe by U.S. immigration authorities. In early July, the company announced that it had been notified by U.S. Immigration and Customs Enforcement, or ICE, that 1,600 of it ... http://layoffblog.com/2009/09/29/american-apparel-sets-layoffs-tied-to-immigration-probe/ The Peterbilt truck plant in Madison[,TN], which has been shut down since employees were locked out in a labor dispute in June 2008, will close permanently as of Dec. 1, the company said Monday. About 390 workers will lose their jobs, said plant manager Larry Vessels. Source: The Tenessean http://layoffblog.com/2009/09/29/peterbilt-plant-will-close-for-good/ OAO AvtoVAZ, Russia’s biggest carmaker, said it may eliminate 27,600 jobs, or about a quarter of its workforce, as it slashes production to cope with plunging domestic sales. AvtoVAZ, 25 percent owned by Renault SA, said today it’s operating at 65 percent of capacity. The automaker’s share of the Russian ... http://layoffblog.com/2009/09/24/avtovaz-says-job-cuts-may-reach-27600-as-sales-drop/ Swiss bank UBS AG, which suffered massive client withdrawals after a high-profile U.S. tax fraud probe, has cut around 200 jobs at its U.S. wealth management arm, sources familiar with the matter told Reuters. Source: Reuters http://layoffblog.com/2009/09/23/ubs-cuts-jobs-at-us-wealth-arm/