Friday, January 30, 2009

Layoff Tracker

Pls go to website for time to time update
http://www.forbes.com/2008/11/17/layoff-tracker-unemployement-lead-cx_kk_1118tracker.html?partner=popstories

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Layoff Tracker

Compiled by Klaus Kneale, 01.28.09, 07:12 PM EST

Starbucks fires 7,000, Target cuts 600 and AOL cans 700.

Number of layoffs since Nov. 1, 2008, at America's 500 largest public companies*:

350,725

Latest layoffs:

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Jan. 28: Boeing (nyse: BA - news - people ) increases previously announced layoffs--bringing total to 10,000 workers, or 6% of the company’s workforce.

Jan. 28: Starbucks (nasdaq: SBUX - news - people ) organizes closings at 900 stores worldwide and fires 6,700 in the process.

Jan. 28: Target (nyse: TGT - news - people ) cuts 400 open positions and 600 employees on sagging sales.

Jan. 27: Time Warner’s (nyse: TWX - news - people ) AOL reduces workforce by 10% (700 workers) as it fights declining ad revenue.

Jan. 27: Cabinet company Merillat--a subsidiary of Masco (nyse: MAS - news - people )--cuts 20% of workforce (70 workers).

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