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Friday, December 19, 2008

Latest Layoffs: 189,337

Layoff Tracker
Compiled by Klaus Kneale, 12.18.08, 12:00 PM EST
Aetna fires 1,000; Western Digital dismisses 2,500; Ryder drops 3,100.
Number of layoffs since Nov. 1, 2008, at America's 500 largest public companies*:

189,337
Latest Layoffs:

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Yahoo! BuzzDec. 17: Discontinuing supply chain operations in parts of South America, Ryder System (nyse: R - news - people ) fires 3,100.

Dec. 17: Western Digital (nyse: WDC - news - people ) cuts 5% of workforce (2,500) and slows production in response to decline in orders.

Dec. 17: Aetna (nyse: AET - news - people ) cuts costs for the new year and drops 1,000 (3% of workforce).

Dec. 17: Parker-Hannifin (nyse: PH - news - people ) reduces workforce by 46 at industrial rubber hose plant.

Dec. 17: Bristol-Myers Squibb (nyse: BMY - news - people ) slices 10% of staff (3,700) following a 10% cut back in July.

Dec. 16: CBS Corp (nyse: CBS - news - people ) fires 30 focusing on in-house network programming.

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Date Company Total Laid Off Industry
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 Masco 500 Construction
12/12/2008 International Paper 2,050 Materials
12/11/2008 Bank of America 35,000 Banking
12/12/2008 Las Vegas Sands 11,216 Leisure
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 General Motors 7,758 Durables
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
12/05/2008 Cummins 500 Capital Goods
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
12/032008 Freeport-McMoRan Copper & Gold 1200 Materials
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
12/2/2008 United States Steel 4,175 Materials
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
11/12/2008 Textron 665 Conglomerates
11/11/2008 AK Steel Holding 800 Materials
11/7/2008 Ford Motor 2,600 Durables
11/6/2008 Mattel 1,000 Household
11/6/2008 MGM Mirage 400 Leisure
11/6/2008 Omnicom Group 145 Media
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.

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