161,390 Jobs Slashed This Week Alone (2013, refund, credit, layoffs)

[thetalentedmrdiamonte]

Source: http://layofftracker.blogspot.com

• • [SIZE=3]Toshiba to cut 4,500 jobs [/SIZE]
  • [SIZE=3]AstraZeneca to cut 15,000 jobs by 2013 [/SIZE]
  • [SIZE=3]ESPN to cut 200 jobs, freezes hiring [/SIZE]
  • [SIZE=3]Cessna to cut 4,600 jobs [/SIZE]
  • [SIZE=3]Kodak to cut upto 4,500 jobs [/SIZE]
  • [SIZE=3]Citrix Systems cuts 10% of workforce [/SIZE]
  • [SIZE=3]Ford Motor Credit to cut 1,200 jobs [/SIZE]
  • [SIZE=3]Ericsson plans to layoff 1,000 [/SIZE]
  • [SIZE=3]Revel Entertainment cuts 400 jobs [/SIZE]
  • [SIZE=3]AOL cuts 700 jobs [/SIZE]
  • [SIZE=3]Starbucks closes 300 stores, layoffs 6,700 [/SIZE]
  • [SIZE=3]Microsoft to layoff H1-B holders [/SIZE]
  • [SIZE=3]Cooper Industries layoffs 2,200 [/SIZE]
  • [SIZE=3]Clariant to cut 5% of workforce [/SIZE]
  • [SIZE=3]Avery Dennison cuts 3,600 jobs [/SIZE]
  • [SIZE=3]Ashland to cut 1,300 jobs [/SIZE]
  • [SIZE=3]PPG Industries to cut 4,500 jobs [/SIZE]
  • [SIZE=3]STMicroelectronics cuts 4,500 jobs [/SIZE]
  • [SIZE=3]Boeing to cut 10,000 jobs [/SIZE]
  • [SIZE=3]Lenovo might cut more jobs [/SIZE]
  • [SIZE=3]News Corp cuts 100 jobs [/SIZE]
  • [SIZE=3]SAP cuts 3,000 jobs worldwide [/SIZE]
  • [SIZE=3]'Economic crisis to trigger more unemployment' : I... [/SIZE]
  • [SIZE=3]Texas Instruments cuts 3,400 jobs [/SIZE]
  • [SIZE=3]Mitsubishi cuts 1,600 jobs [/SIZE]
  • [SIZE=3]Freescale cuts 90 jobs at Austin [/SIZE]
  • [SIZE=3]NEC cuts 9,450 jobs worldwide [/SIZE]
  • [SIZE=3]Volvo layoffs 650 in Dublin [/SIZE]
  • [SIZE=3]Baker Hughes to cut 1,500 jobs [/SIZE]
  • [SIZE=3]Corning cuts 3,500 jobs [/SIZE]
  • [SIZE=3]Whirpool to close Oxford plant, hundreds lose job [/SIZE]
  • [SIZE=3]Microsoft layoffs, Indian IT professionals might b... [/SIZE]
  • [SIZE=3]Sprint to cut 8,000 jobs [/SIZE]
  • [SIZE=3]Pfizer-Wyeth deal will eliminate more than 8,000 j... [/SIZE]
  • [SIZE=3]Philips cuts 6,000 jobs [/SIZE]
  • [SIZE=3]GM cuts production, layoffs 2,000 more [/SIZE]
  • [SIZE=3]Home Depot to close 48 stores, layoffs 7,000 [/SIZE]
  • [SIZE=3]Caterpillar cuts 20,000 jobs [/SIZE]
  • [SIZE=3]US Senator asks Microsoft to layoff foreign employ... [/SIZE]
  • [SIZE=3]ING cuts 7,000 jobs, Chief Executive replaced [/SIZE]
  • [SIZE=3]Corus to cut 3,500 jobs [/SIZE]
  • [SIZE=3]Deere layoffs 700 in US and Brazil [/SIZE]
  • [SIZE=3]Rumor: IBM to cut 3,000 jobs [/SIZE]
  • [SIZE=3]Compass Bank layoffs 1,200 [/SIZE]
  • [SIZE=3]Bank of New York Mellon cuts 1,800 jobs [/SIZE]
  • [SIZE=3]Schlumberger cuts 5,000 jobs [/SIZE]

[caution]

So do you take this is a sign of very little confidence in the government solution to the downward trend?

I do.

I think they hold off cutting jobs as long as they can becuase it takes a ton of cash to recruit, rehire and in some cases retrain people when things trend up.

I just don't think the injection of public funds on such a grand scale will work without serious changes in behavior and individual responsibility.

[shiphead]

The jobs that were canned at the corp. i work for were bureaucratic jobs. Refunds must go through this person and then this person, then transferred to this person. All 3 of those people were fired. All people that handling shipping out RMA product out of the warehouse were all fired. Currently we are processing 0 RMA's and customer's aren't getting to happy.

[Asheville Native]

Originally Posted by caution

So do you take this is a sign of very little confidence in the government solution to the downward trend?

No, it is cause and effect of the reality of where our economy is, and where it is going under the momentum of crashing the rocks at full speed ahead. This has been brewing for the past decade, Clinton owns some of it, and Bush is a major stock holder in this disaster.

There is no instant cure, and there is no one that can stop the crash. The best we can hope is that the right decisions are made when it comes time to start picking up the pieces, late this year if we are lucky.

[Woof]

Some of the ones listed are future job losses, not jobs that were actually slashed, look at the second item for one example.

[Philip T]

And gets further fuzzy in that international losses are mixed with state-side.

But looking at the names on the list -- overall points towards the downward slide of the Globalony Transnational Corporation(s).

That is a good thing, no?

[Woof]

Well, Philip, that evil might be better than the evil that could come from the whole system crashing. As Mel Gibson said in The Patriot, "Why should I trade one tyrant 3000 miles away for 3000 tyrants one mile away?"

Maybe the same applies to corporations.

[Philip T]

Originally Posted by Woof

Well, Philip, that evil might be better than the evil that could come from the whole system crashing. As Mel Gibson said in The Patriot, "Why should I trade one tyrant 3000 miles away for 3000 tyrants one mile away?"

Maybe the same applies to corporations.

Seems the reverse is true.

Over the recent years we have traded thousands upon thousands of small friendly helpful businesses here in the US for fewer and few Consolidator Corporations who function solely to extract profit and leave an empty husk of the local businesses they consume and destroy.

Now the Global Monster Machine is sick and may be dying?

And we should shed a tear?

Yeah, right. Burn, baby, burn.

[Stac2007]

Originally Posted by Philip T

Seems the reverse is true.

Over the recent years we have traded thousands upon thousands of small friendly helpful businesses here in the US for fewer and few Consolidator Corporations who function solely to extract profit and leave an empty husk of the local businesses they consume and destroy.

Now the Global Monster Machine is sick and may be dying?

And we should shed a tear?

Yeah, right. Burn, baby, burn.

The day Walmart goes down I will be cheering.