Closures & Layoffs (Nov. 9-15)

Posted by Chris Sturr | Filed under Uncategorized | Nov 14, 2008 | No Comments

Mark Heschmeyer’s weekly report, from CoStar. We’d heard about the DHL layoffs from our UPS driver. The NYTimes just reported one round of layoffs not mentioned here: up to 6,000 at Sun Microsystems: Crisis Spreads to Tech Sector as Sun to Cut Work Force.

A Weekly Report on Future Corporate Downsizings
In this week’s issue:

* DHL cutting 9,500 U.S. jobs.

* Motor home, RV dales running out of gas.

* Fidelity Investments layoffs not ‘mutually’ exclusive.

* Plus, a whole new round of major U.S. corporation closures and layoffs were announced in: Alabama, Connecticut, Florida, Georgia, Indiana, New Jersey, Ohio, Pennsylvania, Utah and Virginia.

Read the full report.

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