Closures & Layoffs (Feb. 1-7)

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.

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