Closures & Layoffs (Feb. 1-7)

Posted by Chris Sturr | Filed under Uncategorized | Feb 6, 2009 | No Comments

From Mark Heschmeyer at CoStar.

2008′s Brutal Layoff Count

A Weekly Report on Future Corporate Downsizings

By Mark Heschmeyer |February 4, 2009

In this week’s issue:

* Sacked: 2008′s brutal tally of job losses.

* Macy’s cuts workforce by 3.9%; reduces capital expenditures; reorganizes.

* Starbucks closing 300 more stores; cutting 6,700 jobs.

* Plus, a whole new round of major U.S. corporation closures and layoffs were announced in California, Florida, Georgia, Illinois, Indiana, Michigan, Mississippi, Nevada, New Jersey, Ohio, South Dakota, Tennessee, Texas, Virginia and Washington.

Read the rest of the 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