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.

SocialTwist Tell-a-Friend

 

Leave a Reply

Name (required)

#OccupyBoston #OccupyWallStreet Alejandro Reuss Arjun Jayadev Arthur MacEwan ASSA austerity banking regulation Bank of America Boeing climate change David Graeber Dean Baker debt deficit deficits economics profession Egypt financial regulation foreclosures Gar Alperovitz Goldman Sachs Greece Hosni Mubarak inequality interest-rate swaps Jeannette Wicks-Lim John Miller Mark Engler Naked Capitalism Paul Krugman police brutality Polly Cleveland public-sector workers QE2 Rick Wolff Social Security taxes the Fed unemployment unions uprising Wikileaks William K. Black Wisconsin
UA-3370877-1