Who’s Firing summarizes weekly research of companies announcing and rumoring layoffs for the week ended 10-29-10.
For the past week manufacturing, government, health care, aerospace, retail and financial service employers announced the largest layoffs.
This information is intended for business analysts, corporate strategists, marketers, salespeople, investment analysts, financial advisers and others who are interested in companies that are contracting. The information can be valuable to job seekers also, to understand companies that are probably not in growth mode.
Top Layoffs week ended 10-29:
Manufacturing topped the list, as United Technologies announced 2,000 layoffs to offset costs related to the shutdown of a jet engine overhaul facility, and Ford Foundry is laying off 300 Beech Park OH workers. Government was next as Savannah River Nuclear Solutions (a DOE contractor) announced it would layoff 1,400 workers by 2012 as it completes work under economic stimulus funds. New York State announced the layoff of 898 employees throughout New York State by year end.
Health care is feeling the pinch, as West Penn Allegheny Health System is cutting 400 Pittsburgh area workers. Aerospace company Hawker Beechcraft is letting go 350 Wichita workers, citing slowing demand for small airplanes.
Retailer CVS Caremark is cutting 300 customer service personnel at its Woonsocket RI facility. Finally, financial service firm DJSP Enterprises is laying off 300 mortgage workers in its Plantation FL offices.
Inclusion on this listing doesn’t mean the entire industry is down, as some from the same sectors appeared on the “Who’s Hiring” article published 10/25/10.
Job seekers: You might want to look in greener pastures than these companies.
Organizations announcing or rumored layoffs for the week ended 10/29/10:
- United Technologies Corp, Hartford CT (2,000)
- Savannah River Nuclear Solutions, Aiken SC (1,400)
- NY State, Various NY (898)
- West Penn Allegheny Health System, Pittsburgh PA (400)
- Hawker Beechcraft, Wichita KS (350)
- CVS Caremark, Woonsocket RI (300)
- Ford Foundry, Brook Park OH (300)
- DJSP Enterprises, Plantation FL (300)
- Credit Suisse Group, NYC NY (250)
- Newark NJ Sanitation Department (250)
- Constar International Inc, Orlando FL and Kansas City MO (250)
- Granite Construction, Watsonville CA (227)
- New Process Gear, DeWitt NY (220)
- Pella Corp, Fairfield OH (200)
- Borgata Hotel Casino & Spa, Atlantic City NJ (200)
- Cincinnati OH Fire Department (169)
- KraftMaid Cabinetry, Middlefield OH and Orwell OH (145)
- Southern Steel & Wire, Fort Smith AR (117)
- Main Line Health, Wynnewood PA and Bryn Mawr PA (98)
- Yadkin Valley Financial Corp, Elkin NC (64)
- Pfizer, Sanford NC (60)
- Carondelet Health Network, Tuscon AZ (47)
- Ash Grove Cement Co, Montana City (33)
- Erickson Living, Catonsville MD (30)
- MPI Research (20 – 50)
Readers – If you know of employers announcing significant layoff plans, or employers reducing large numbers of employees, please comment below to add to this list.-------------------------------------------------------------------------------------------------------------------------------------
Want to do more than just complain about a bad economy?
To attend our next complimentary live webinar featuring action items to double your resume response rate and number of interviews, plus live career Q&A with Phil Rosenberg of reCareered, register at http://ResumeWebinar.com .
Available Now On Amazon: Job Search Secrets - Rethink Your Job Search Now, By Phil Rosenberg
Phil shows you why your current job search strategies work against you and how to replace them with strategies that improve your odds. Phil provides you with research - cold, hard statistics provided by job boards and hiring managers themselves, to show you what works for you and against you in the worst job market in our lifetimes.
Download Job Search Secrets on Amazon
Join our mailing list for newsletters, announcements of complimentary upcoming webinars and other job search resources. Sign up at http://reCareered.com/newsletter/
For access to more information:
Connect to Phil Rosenberg on Linkedin: http://linkedin.com/in/philrosenberg
Follow reCareered on Linkedin: http://linkedin.com/company/recareered.com
Like reCareered on Facebook: http://www.facebook.com/reCareered
Follow Phil Rosenberg on Google+: http://gplus.to/philrosenberg
Follow reCareered on Twitter: http://twitter.com/philreCareered
Join Career Change Central on Linkedin: http://linkedin.com/e/gis/1800872
You might also like
|Who’s Firing – Layoffs week ended 5-7-10 Who's Firing summarizes weekly research of companies announcing and rumoring layoffs for the week ended...||Who’s Firing – Layoffs week ended 6-11-10 Who's Firing summarizes weekly research of companies announcing and rumoring layoffs for the week ended...||Who’s Firing – Layoffs week ended 5-21-10 Who's Firing summarizes weekly research of companies announcing and rumoring layoffs for the week ended...||Who’s Firing – Layoffs week ended 8-13-10 Who's Firing summarizes weekly research of companies announcing and rumoring layoffs for the week ended...|