Monday, February 9, 2009

Labor Statistics from Nov 2008 to Feb 2009

Today I received an email with the total number of layoffs since Nov. 1, 2008, at America's 500 largest public
companies....It totals over 380,000 people.  There is no need to state the stark reality that we are all currently living in.  But I like Zig Ziglar, I too believe there is a silver lining to every cloud.  Sometimes it's just a little harder to see than at other times! 

"Fortunately, problems are an everyday part of our life. Consider this: If
there were no problems, most of us would be unemployed. Realistically, the
more problems we have and the larger they are, the greater our value to our
employer." - Zig Ziglar

From the start of the recession in December 2007 through December 2008, the
total number of mass layoff events (seasonally adjusted) was 23,485, and the
number of initial claims (seasonally adjusted) was 2,394,434. Source: Bureau
of Labor Statistics

Number of layoffs since Nov. 1, 2008, at America's 500 largest public
companies*: 382,691

Date/ Company /Total Laid Off /Industry 
2/6/2009 Weyerhaeuser 300 Materials 
2/5/2009 Estee Lauder 2,000 Personal Products 
2/5/2009 Fortune Brands  136 Consumer Durables 
2/5/2009 News Corp. 25 Media 
2/5/2009 Allergan 460 Pharmaceuticals 
2/4/2009 Time Warner 2,750 Media 
2/4/2009 Cisco Systems  2,000 Technology 
2/3/2009 Bancshares 500 Banking 
2/3/2009 Electronic Arts 1,100 Software 
2/3/2009 PNC Financial Services 5,800 Banking 
2/3/2009 Comcast 50 Media 
2/2/2009 Goodrich 35 Aerospace 
2/2/2009 Macy's 7,000 Retailing 
1/30/2009 Sears Holdings 300 Retailing 
1/30/2009 Caterpillar 22,924 Capital Goods 
1/29/2009 Broadcom 200 Semiconductors 
1/29/2009 International Gaming Technology  200 Leisure 
1/29/2009 Textron 4,665 Conglomerates 
1/29/2009 Ford 3,800 Durables 
1/29/2009 Eastman Kodak 4,500 Household 
1/29/2009 Black and Decker 1,200 Household 
1/29/2009 Walt Disney  1,200 Media 
1/28/2009 Starbucks  6,700 Restaurants 
1/28/2009 Boeing 10,000 Aerospace 
1/27/2009 Target  1,000 Retailing 
1/27/2009 Masco  600 Construction 
1/26/2009 IBM  2,800 Software 
1/26/2009 Texas Instruments 3,400 Semiconductors 
1/26/2009 Lincoln National 540 Insurance 
1/26/2009 General Motors 9,758 Durables 
1/26/2009 Home Depot  7,000 Retailing 
1/26/2009 Pfizer  19,800 Pharmaceuticals 
1/26/2009 Sprint Nextel 8,000 Telecommunications 
1/23/2009 Abercrombie & Fitch 50 Retailing 
1/23/2009 Deere & Company 662 Capital Goods 
1/23/2009 Harley-Davidson 1,100 Consumer Durables 
1/22/2009 Microsoft  5,000 Software 
1/22/2009 Huntsman  1,665 Chemicals 
1/21/2009 Burlington Santa Fe  2,500 Transportation 
1/21/2009 UAL  1,000 Transportation 
1/21/2009 SPX  400 Conglomerates 
1/21/2009 Intel  5,000 Semiconductors 
1/21/2009 Walt Disney 600 Media 
1/21/2009 Wynn Resorts 53 Leisure 
1/21/2009 Eaton 5,609 Capital Goods 
1/20/2009 Clear Channel 1,850 Media 
1/20/2009 Deere & Co.  160 Capital Goods 
1/16/2009 ConocoPhillips 1,300 Oil & Gas 
1/16/2009 Hertz Global Holdings 4,000 Business Services 
1/16/2009 WellPoint 600 Health Care 
1/16/2009 Advanced Micro Devices 1,700 Semiconductors 
1/15/2009 Xerox 275 Business Services 
1/15/2009 MeadWestvaco 2,000 Materials 
1/15/2009 Autodesk  750 Software 
1/15/2009 Marshall & Ilsley 830 Banking 
1/15/2009 General Electric 1,000 Conglomerates 
1/14/2009 Ecolab 1,000 Chemicals 
1/14/2009 Delta Air Lines 2,000 Transportation 
1/14/2009 Motorola  4,000 Technology 
1/14/2009 Google 100 Software 
1/13/2009 KeyCorp 200 Banking 
1/13/2009 Newell Rubbermaid 75 Household 
1/13/2009  Cummins 1,300 Capital Goods 
1/12/2009  Mosaic  1,000  Chemicals  
1/12/2009  Best Buy  500  Retailing  
1/12/2009  Precision Castparts  40  Defense  
1/9/2009 Oracle 500 Software 
1/9/2009 Smithfield Foods 75 Food 
1/9/2009 Freeport-McMoRan Copper & Gold 2,750 Materials 
1/8/2009 Union Pacific  230 Transportation 
1/8/2009 General Dynamics  179 Defense 
1/7/2009 Walgreen 1,000 Retailing 
1/7/2009 EMC 2,400 Technology 
1/6/2009 Alcoa 13,500 Materials 
1/5/2009  Cigna  1,100  Health Care  
1/5/2009  United States Steel 4,225 Materials  
12/31/2008 Mohawk Industries 160 Consumer Durables 
12/31/2008 Tyson Foods  120 Food 
12/31/2008 Target 132 Retailing 
12/30/2008 Allegheny Technologies 323 Materials 
12/30/2008 Motorola  400 Technology 
12/23/2008 ULA (Boeing, Lockheed Martin) 172 Joint Venture 
12/23/2008 Johnson Controls 125 Consumer Durables 
12/23/2008 Las Vegas Sands 11,500 Leisure 
12/22/2008 Parker-Hannifin 405 Capital Goods 
12/19/2008 Genworth Financial 1,000 Insurance 
12/19/2008 Sovereign Bancorp  1,000 Banking 
12/18/2008 Omnicom Group 3,145 Media 
12/17/2008 Ryder System  3,100 Services 
12/17/2008 Western Digital 2,500 Technology 
12/17/2008 Aetna  1,000 Health Care 
12/17/2008 Parker-Hannifin 46 Capital Goods 
12/17/2008 Bristol-Myers Squibb 3,700 Pharmaceuticals 
12/16/2008 CBS  30 Media 
12/15/2008 Merrill Lynch  400 Financials 
12/15/2008  Charles Schwab  100  Financials  
12/13/2008  Berkshire Hathaway  345  Finance  
12/12/2008  International Paper  2,050  Materials  
12/11/2008 Bank of America  35,000 Banking 
12/11/2008 Whirlpool 250 Durables 
12/10/2008 Mohawk Industries 105 Durables 
12/10/2008 Procter & Gamble 320 Household 
12/09/2008 Praxair 1,600 Chemicals 
12/08/2008 Anheuser-Busch Co. 1,400 Food 
12/08/2008 3M  2,300 Conglomerates 
12/08/2008 Wyndham Worldwide 4,000 Leisure 
12/08/2008 Dow Chemical  5,000 Chemicals 
12/05/2008 Legg Mason  200 Financials 
12/05/2008 Cablevision  100 Media 
12/05/2008 Staples  140 Retailing 
12/04/2008 Steel Dynamics  65 Materials 
12/04/2008 Windstream  170 Telecommunications 
12/04/2008 General Electric 500 Conglomerates 
12/04/2008 E.I. du Pont de Nemours 2,500 Chemicals 
12/04/2008 AT&T 12,000 Telecommunications 
12/03/2008 United Technologies 350 Conglomerates 
12/03/2008 Gannett 2,000 Media 
12/03/2008 Adobe Systems 600 Software 
12/03/2008 Jefferies Group 300 Financials 
12/03/2008 Viacom 850 Media 
12/01/2008 JPMorgan Chase  9,200 Banking 
12/01/2008 PepsiCo 87 Food 
11/25/2008 Dana Holding 50 Durables 
11/24/2008 BlackRock 10 Financials 
11/21/2008 Western Union 200 Business Services 
11/20/2008 Bank of New York Mellon 1,800 Banking 
11/20/2008 Boeing 800 Aerospace 
11/17/2008 Citigroup 52,000 Banking 
11/14/2008 Sun Microsystems 6,000 Technology 
11/12/2008 Applied Materials 1,800 Technology 
11/12/2008 Morgan Stanley 2,000 Finance 
11/12/2008 Liberty Media 910 Retailing 
11/11/2008 AK Steel Holding 800 Materials 
11/6/2008 Mattel 1,000 Household 
11/6/2008 MGM Mirage 400 Leisure 
11/4/2008 Hartford Financial Services Group 500 Finance 

*Total announced layoffs at America's 500 largest public companies as
measured by a composite ranking of sales, profits, assets and market value
since Nov. 1 2008. Includes layoffs at subsidiaries, joint ventures, and
majority owned companies. - Compiled by Klaus Kneale, 02.06.09

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