Layoffs XIV : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread

NEW YORK (Reuters) - Satellite-television company Hughes Electronics Corp. said Friday it would slash its workforce by 10 percent, nearly 800 jobs, citing the need to cut costs against the backdrop of a softening economy.

-- Martin Thompson (, August 24, 2001


EAST MOLINE, Ill. -- Blaming recent poor sales of agriculture equipment, Deere & Co. is laying off 81 workers at its Deere Harvester plant in East Moline.

The employees, all hourly workers hired after Nov. 1, 1997, are from all areas of the plant and account for about 5.4 percent of the 1,500 hourly workers at the plant, Deere spokesman Ken Golden said.

-- Martin Thompson (, August 24, 2001.

Oregon Rosen Products Inc., maker of flat-panel display screens for autos and airplanes, laid off 50 workers Thursday at its west Eugene factory, the latest local casualties of a slowing national economy.

-- Martin Thompson (, August 24, 2001.

RLX Technologies, which specializes in dense "blade" servers, has laid off approximately 17 percent of its work force as the technology doldrums linger.

The company, based in The Woodlands, Texas, cut about 20 employees, said Kevin Bohren, vice president of marketing. Nearly all of the employees were from administrative departments, he added; engineering, sales and marketing were not touched. After the layoffs, the company will employ approximately 100.

-- Martin Thompson (, August 25, 2001.

Massive cuts reportedly planned at Toshiba, Hitachi

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The Associated Press

TOKYO (August 24, 2001 10:09 p.m. EDT) - Electronics giants Toshiba Corp. and Hitachi Ltd. are planning large-scale job cuts to cope with slumping worldwide demand for information technology, news reports said Saturday.

Toshiba will slash 20,000 jobs, including mid-level executive positions, and is considering achieving the reductions through overseas firings and transfers and early retirements in Japan, the nationally circulated Asahi said in its morning edition.

The reported cutbacks follow previous layoffs, including a reduction of 8,500 jobs last year, the paper said. The Asahi quoted a Toshiba official it did not identify as saying that an unprecedented slump in demand for semiconductors required the company to consider even further cuts.

Public broadcaster NHK television said about 14,000 of the reductions at Toshiba were slated for facilities in Japan and would account for approximately 10 percent of the company's domestic work force. It said all the cuts would be carried out over the next two years.

The Nihon Keizai business daily said Toshiba's cuts in Japan would exceed 10,000.

The Asahi didn't give a figure for how many jobs Hitachi would reduce, but said they would be part of a large-scale restructuring.

Toshiba employs about 190,000 workers while Hitachi has 340,000, the Asahi said. The Asahi said the companies will announce their plans soon, with Toshiba doing so by the end of August.

Earlier this week, Fujitsu Ltd., Japan's largest computer maker, announced plans to slash 16,400 jobs, or 9 percent of its work force, in a bid to stem red ink amid the worldwide electronics slump.

Late last month, NEC Corp. said it would cut 4,000 jobs by next March in an effort to turn around its computer-chip division.

-- Martin Thompson (, August 25, 2001.

Aug 25, 2001 SIGH! The stock market flies upward yesterday and probably today because Cisco makes some vague comment about conditions "stabilizing" (didn't say increasing or rebounding). But, now we have the incredible layoff announcements the past couple days that the market seems to be ignoring.

On top of the earlier NEC Corp announcement of 4000 layoffs and the other day's announcement about Fujitsu laying off 16,000 which was called the "largest layoffs" in Japan's history, we now have Toshiba slashing 20,000 jobs. These are in addition to previous layoffs of 8500 that Toshiba made last year. Plus, now Hitachi is going to make possibly thousands or over 10,000 layoffs also.

NEC 4,000 Fujitsu 16,000 Toshiba 20,000 Hitachi ?????

All this in a matter of about 4 days except for the NEC layoffs which were made last month

Plus, we have to remember the tens of thousands of layoffs from Lucent (60,000), and more tens of thousands of layoffs from Motorola, etc..

-- Paul (, August 25, 2001.

SALEM, Ore. (August 24, 2001 1:53 p.m. EDT) - Mitsubishi Silicon America is laying off 180 people - 15 percent of its Salem work force - in a restructuring effort aimed at keeping the company competitive.

-- Martin Thompson (, August 25, 2001.

I am constantly amazed at why all these layoffs never seem to leak through, and show up in the government's official unemployment figures.

Who is trying to fool who? As they say, something is rotten in Denmark.

-- Loner (, August 25, 2001.

Unemployed workers on the rise in Minnesota By:, Associated Press August 25, 2001 ST. PAUL (AP) - Minnesotans collecting unemployment benefits increased 90 percent in the past year, according to the Minnesota Department of Economic Security.

"There's a clear weakness in the job market," said Jay Mousa, the department's director of research. "We have been seeing a trend of higher unemployment rolls in the past seven or eight months, and it's going up."

In Minnesota, an average of about 50,900 people were receiving state unemployment benefits in July, an increase of more than 90 percent from the 26,400 who were getting benefits last July, according to state figures.

Not counting instances when severe winter weather caused mass construction layoffs, both the number of July benefit recipients and the one-year percentage increase are the highest in nine years, Mousa said.

But Minnesota does share its woes with the nation. The number of laid- off workers drawing unemployment benefits nationwide hit a nine-year peak this month, the Labor Department said Thursday. In the wake of the yearlong economic slowdown, 3.18 million Americans were collecting benefits in the week ended Aug. 11. That's the highest level since September 1992, when the country was struggling to emerge from the last recession.

The silver lining is that Minnesota's employment rate in July remains a full percentage point better than the national rate of 4.5 percent.

Mousa said that comparing this year to previous years is like "comparing peaks to a valley" due to the state's extremely strong economy in recent years.

However, the bad news is in the trends. Minnesota's unemployment rate was the nation's lowest at 2.4 percent in mid-1998; the national rate was 4.5. But now it is only the 12th-lowest.

Layoffs continue to increase, as the number of Minnesotans filing first-time unemployment claims topped 23,500 last month, a 79 percent jump from a year earlier.

All the statistics point to higher unemployment in the months ahead.

"The concern is that ... numbers like these and layoff announcements may spook the consumers and have an impact on spending," Mousa said.

Consumers' purchases account for about two-thirds of the nation's economy, and so far their continued spending has prevented a recession despite a large drop in spending by U.S. and foreign businesses. newsid=2270110&BRD=2164&PAG=461&dept_id=401088&rfi=6

-- Martin Thompson (, August 25, 2001.

SPRINGFIELD, Mo. (AP) -- Litton Interconnect Technologies announced Friday that it will lay off 197 employees, or 20 percent of its workforce.

-- Martin Thompson (, August 25, 2001.

Folger to cut 135 jobs at Kansas City plant KANSAS CITY, Mo. (AP) -- Under a larger effort at consolidation, Folger Coffee is moving its retail production operation out of its downtown Kansas City plant, meaning the loss of about 135 jobs by mid- 2002.

-- Martin Thompson (, August 25, 2001.

BRITANNIA, the in-house airline of Thomson Travel, is set to cut up to 500 staff from its workforce of 3,500.

Thomson, Britain's largest holiday company, is understood to have been forced to make the cuts by Preussag, its German parent.

-- Martin Thompson (, August 26, 2001.

Aug 27, 2001 John Deere after laying off 81 in Moline, has now announced layoffs of 2000. In Illinois I believe.

-- Paul (, August 27, 2001.

Existing home sales finally taking a dip last month. This was one of the bright spots that the "talking head" cheer-leading financial analysts had been giving along with consumer spending that was "holding up" the economy. Now, consumer spending and Existing home sales are both starting to fall.

-- Paul (, August 27, 2001.

8/27/01 4:18:00 PM

WOODLAND HILLS, Calif. (AP) Northrop Grumman Corp. will cut 500 jobs in Southern California and consolidate most of its Navigation Systems division operations in Woodland Hills.

-- Martin Thompson (, August 27, 2001.

8/27/01 2:31:00 PM

New York, Aug. 27 (BridgeNews) - Georgia Pacific Corp. will close four machines at its Camas, Wash. facility, resulting in the layoff of 250 employees. The company said the closure will not effect its financial results or its towel and tissue operations.

-- Martin Thompson (, August 27, 2001.

JERUSALEM (August 27, 2001 7:01 p.m. EDT) - Chromatis, one of Israel's high-tech Cinderellas, found herself locked out of the ball on Monday when American giant Lucent Corp shut it down, leaving 130 employees in Israel and 20 in the United States without jobs.

-- Martin Thompson (, August 27, 2001.

Aug 29, 2001 GASP! Finally! I couldn't access this site yesterday nor earlier today. I went into withdrawal. I needed my "fix" of info from these newspots.......

-- Paul (, August 29, 2001.

Aug 29, 2001 Gateway laying off 5000 or 25% OF ITS WORKFORCE. Getting out of Asian markets and may leave European markets at announcement next month.

Aug 29, 2001 Peregrine laying off 500 of 4500.

Aug 29, 2001 Rockwell laying off additional 189 in Milwaukee.

Aug 29, 2001 J. P. Morgan laying off additional workers (previously laid off 3300.)

Aug 29, 2001 Hyundai may be on last legs.

-- Paul (, August 29, 2001.


Aug 28 & 29 Real Media (advertising not audio/video makers) laying off another 40 after Labor Day. laid off another 25 people leaving only 70

Commerce One may be closing at end of October. closed. ceasing publication is filing for bankruptcy. laying off New York office., Inc. closed. laid off 50% or 140 people. closed.'s customer service department is being moved to Indianapolis from Fort Washington, PA. Fort Washington employees will be laid off September 14. closed.

The Cobalt Group laid off 90 will shut down in about a week.

-- Paul (, August 29, 2001.

Farmington, Conn. -- United Technologies Corp.'s Otis elevator unit plans to cut as many as 580 jobs at plants in Indiana and Mexico as it consolidates production of high-rise elevators and cuts costs.

-- Martin Thompson (, August 29, 2001.

Kyocera to cut 10,000 jobs globally By The Associated Press

Last Update: 8:39 PM ET Aug. 29, 2001

TOKYO (AP) -- Japan's Kyocera Corp. plans to cut about 10,000 jobs amid the global electronics slowdown, a newspaper reported Thursday. The cuts will be centered on subsidiaries in the United States, the nationally circulated Yomiuri newspaper said, and could be carried out by the end of this year. The daily quoted company sources it did not identify.

The report said that most of the reductions will come at U.S. subsidiaries such as Kyocera Wireless Corp. and Tycom Corp.

-- Martin Thompson (, August 29, 2001.

Zenastra Photonics Inc., an Ottawa-based maker of optical network components, said Wednesday it is laying off 160 people. The company said there will a combination of permanent and temporary terminations, which are effective immediately. This amounts to almost 60 per cent of its total workforce of 280.

-- Martin Thompson (, August 29, 2001.

NEW YORK (Reuters) - Charles Schwab Corp., the top U.S. discount and online brokerage, on Thursday said it was cutting up to 2,400 employees, or 11 percent of its work force, as it continues to grapple with weak customer trading levels.

-- Martin Thompson (, August 30, 2001.

Aug 30, 2001 Corning ANOTHER 1000 jobs

Aug 30, 2001 Swissair 1300 jobs.

-- Paul (, August 30, 2001.

Thursday, August 30, 2001 at 18:00 JST TOKYO — Oki Electric Industry Co. plans to cut 2,200 jobs from its group workforce of 21,700 over the next two years to cope with declining earnings amid the slump in the information technology sector, company officials said Thursday.

Oki intends to slash 1,200 jobs by the end of March 2002 and another 1,000 by the end of March in 2003 by measures such as expanding its early retirement programs and the possible sale of some of its operations to other firms. (Kyodo News)

-- Martin Thompson (, August 30, 2001.

Algoma to lay off 11,000.

-- Rachel Gibson (, August 30, 2001.

Globe and Mail Update

Communications firm Teleglobe Inc. said Thursday it will cut its workforce by about 20 per cent and take a third-quarter charge in the face of a global industry slowdown.

In total, the company said, about 450 jobs will be eliminated.

-- Martin Thompson (, August 30, 2001.

Relera Inc., a Denver-based operator of 11 Internet-hosting centers across the country, on Wednesday announced it will lay off 378 employees, including 198 in the metro area. The cuts, which take effect today, represent about 80 percent of the company's work force.

-- Martin Thompson (, August 30, 2001.

Production at Luck's plant off N.C. 705 in Seagrove is being phased out until the facility is closed in May, parent company ConAgra Grocery Products Co. told workers Tuesday. ConAgra is based in Irvine, Calif. Luck's serves as one of Seagrove's largest employers. A total of 120 workers, including 100 hourly and 20 salaried, eventually will lose their jobs. The plant has been operating since the 1950s.


DMI Furniture plans to permanently lay off about 70 employees at its Plant No. 12 in Huntingburg, Ind.


WAYNESBORO, Pa. - Tyco Electronics Corp., formerly AMP Inc. on North Grant Street, last week announced the layoff of 40 production workers as part of a companywide effort to "maximize efficiencies and reduce duplication," a Tyco spokeswoman said Tuesday.

-- Martin Thompson (, August 31, 2001.


STANWOOD -- Forty-one employees of the Stanwood-Camano School District will be laid off Saturday as the district struggles to solve "budget discrepancies" that are forcing $1.4 million in cuts.

-- Martin Thompson (, August 31, 2001.

By YURI KAGEYAMA, Associated Press

TOKYO (August 31, 2001 8:27 a.m. EDT) - Japanese manufacturer Hitachi, hit hard by the recent global electronics slump, is cutting 14,700 jobs, or about 4.3 percent of its global work force.

The company expects a loss of more than $1 billion this year.

The cuts disclosed Friday affect 10,200 workers in Japan, or about 4 percent of the domestic work force, and 4,500 overseas workers, or 6 percent of the employees abroad. Hitachi employs 341,000 people worldwide.

-- Martin Thompson (, August 31, 2001.

SANTA MONICA, Calif. (Reuters) - Online postage seller Inc. became the latest victim of the shakeout Friday, saying it cut staff by 25 percent as it struggles to achieve profitability.

A company spokeswoman said had cut 24 positions, leaving it with a total of 72 employees. has slashed its work force several times to cut costs.

-- Martin Thompson (, August 31, 2001.

Aug 31, 2001 eVilla closed

Aug 31, 2001 cut 25% of staff

Aug 31, 2001 laying off 60 of their 140 employees.

Aug 31, 2001 eQuest laid off 60% of staff.

Aug 31, 2001 closed.

Aug 31, 2001 Business 2.0 laying off soon.

Aug 31, 2001 laid off 35% or 50 people

Aug 31, 2001

Aug 31, 2001 Razorfish's shut it's London office, laid off 40

Aug 31, 2001 E*Trade will close it's San Francisco office around the 1st of January, 2002. 150 people affected.

Aug 31, 2001 burnt $20 million, closing around Sep 15.

Aug 31, 2001 closed.

Aug 31, 2001 Relera Internet Centers and Solutions closed. 370 fired.

Aug 31, 2001 swallowed by Vivendi-Universal.

-- Paul (, August 31, 2001.

A correspondent in Santiago says unemployment rate, usually around 5%, is now either 10% or 15%, depending on the part of the country. The price of copper is just barely above the cost of production there, and worries abound about the situation in Argentina because what happens in that country will affect Chile.

-- Rachel Gibson (, August 31, 2001.

The San Antonio Express-News will reduce its work force by 35 to 40 jobs because of a decline in advertising revenue at the paper and other Hearst Corp.-owned newspapers.

Larry Walker, the newspaper's publisher and chief executive officer, said the job cuts will be achieved by offering employees voluntary buyouts and early retirement. Layoffs may be necessary if the number accepting the offer isn't sufficient.

The Express-News employs about 1,100.

-- Martin Thompson (, August 31, 2001.

Posted August 30, 2001

NEW YORK -- Internet World magazine is cutting its publishing schedule by nearly half and has laid off 11 employees, reflecting a scramble by its parent company to adjust to a dropoff in advertising.

-- Martin Thompson (, September 01, 2001.


FREMONT -- Lam Research Corp., which makes tools that create circuits on semiconductors, said it will fire or lay off more than 350 employees to cut costs as orders slow.

Lam Research will also seek voluntary pay cuts in addition to previously announced "shutdown days," the Fremont-based company said in a statement. It plans to take an unspecified charge for restructuring in its fiscal first quarter.

The company will go from 3,550 to

3,200 global employees after the cuts, which will affect manufacturing and sales-transaction workers starting Sept. 6, said Lam Research spokeswoman Sawn Lynch.

-- Martin Thompson (, September 01, 2001.

Check firm cutting costs: InnoVentry lays off about 30 in its Sacramento office.

By Gilbert Chan Bee Staff Writer (Published Sept. 1, 2001)

InnoVentry Corp., a leading automated check cashing company, is scrambling to slash costs and attract fresh investors.

Saddled with mounting expenses, the San Francisco-based company has laid off dozens of workers -- including at its Sacramento data and call center on Tribute Road -- in a major restructuring. It also plans to pull a number of high-tech self-service check cashing kiosks from money-losing locations.

"It was a sizable reduction in positions," InnoVentry spokesman Gil Roeder said Friday. He declined to say how many of the company's 450 jobs, including 220 in Sacramento, were cut from the payroll. One insider estimated there were 130 layoffs overall and about 30 locally.

-- Martin Thompson (, September 01, 2001.

BLUE BELL -- Plunging sales forced back-up power products maker C&D Technologies Inc. to lop 1,000 employees from its payroll, or nearly 25 percent of its work force, so far this year as part of its cost- cutting campaign.

-- Martin Thompson (, September 03, 2001.


Around 850 jobs on Tyneside are being cut by an American telecoms company because of the slowdown in the US.

Viasystems said up to 525 jobs will go at its factory in Longbenton, North Tyneside, and a further 325 redundancies will be made at its plant in South Shields, South Tyneside.

The company makes electronic circuit boards for goods ranging from cars to computers.

-- Martin Thompson (, September 03, 2001.

Saturday, September 1, 2001 at 10:00 JST

TOKYO — As many as 600,000 workers in the construction industry alone could lose their jobs within the next three years as the government carries out its economic and fiscal reform programs, according to a government estimate unveiled Friday.

Senior Vice Minister of Economy, Trade and Industry Keiji Furuya said he reported the findings at the day's first meeting of senior vice ministers from the industry, land and labor ministries who have teamed up to deal with the situation. (Kyodo News)

-- Martin Thompson (, September 03, 2001.

Sep 3, 2001 Aimster almost outta money

Sep 3, 2001 laid off another 15%. Cash only until Oct.

Sep 3, 2001 Brill's Content magazine closed.

Sep 3, 2001 HauteDecor closed.

Sep 3, 2001 24/7 Media closed their London office

Sep 3, 2001 NetObjects closed.

-- Paul (, September 03, 2001.

Tuesday, September 4, 2001 at 09:30 JST KITAKYUSHU — Yaskawa Electric Corp said Monday it will slash 1,000 jobs, roughly 11% of its group workforce of 9,000, by March 2003 and that it now expects to post a consolidated net loss for the current fiscal year equal to the 2.5 billion yen in net profits it projected in May

-- Martin Thompson (, September 03, 2001.

Sep 4, 2001 Hewlett-Packard buying Compaq for $25billion. News said Hewlett is making 8500 cuts and Compaq is cutting 9000. I don't know if these are old annoucements or if these are new cuts they will make due to the merger. Sounded like possible new lay off announcements.

-- Paul (, September 04, 2001.

LONDON (September 4, 2001 1:46 p.m. EDT) - British Airways PLC will eliminate 3 percent of its work force by next April in an effort to cut costs, the company told labor unions Tuesday.

Britain's unofficial flagship airline said it hoped to trim its employee numbers through voluntary means such as retirement. Engineers, cabin crew members and customer services staff will be among those affected by the decision.

BA, which employs 58,000 people, has often said it wants to reduce its work force and squeeze costs.

"This is part of that process. We are looking to reduce the headcount by 1,800 by the end of the financial year and look to make further reductions in the following year," the airline said.

-- Martin Thompson (, September 04, 2001.

LONDON — The chairman and chief executive of Marconi PLC announced their resignations Tuesday as the troubled telecommunications company said it would lay off an additional 2,000 employees or about 5 percent of its work force.

-- Martin Thompson (, September 04, 2001. Daewoo cuts U.S. staff; GM makes final bid, official says By David Kiley


DETROIT -- While General Motors continues negotiating the possible purchase of Daewoo Motor, the U.S. division of the bankrupt South Korean carmaker is cleaning house.

Employees say Daewoo has laid off 70 to 75 workers, about a third of the U.S. workforce.

-- CAkidd (, September 05, 2001.

Aug 5, 2001 Mead closing plant in Atlanta.

Aug 5, 2001 Ford laying off 300 in Ohio.

-- Paul (, September 05, 2001.


By DAN SHOPE Of The Morning Call

Air Products and Chemicals Inc. of Trexlertown said Tuesday it will cut 100 local positions from its global engineering department because of the slow national economy.

The cut jobs make up 11 percent of the 900-member engineering department in the Lehigh Valley.

The company employs 4,300 workers in the area and 17,500 worldwide.

-- Martin Thompson (, September 05, 2001.

9/5/01 1:41:00 PM

WILMINGTON, Delaware (AP) _ Hercules Inc., a chemical specialties maker, is cutting an initial 300 jobs as part of a restructuring.

The company _ which also plans to release noncritical outside contractors by Sept. 30 _ said it aims to establish savings of dlrs 100 million a year by the end of 2002's second quarter

-- Martin Thompson (, September 05, 2001.

Keith Harper, transport editor Wednesday September 5, 2001 The Guardian

British Airways last night shocked its 58,000 staff by revealing that "substantial" job losses lay ahead, beginning with the scrapping of 1,800 posts by the end of next March. The company's warning, the most severe since it was privatised 15 years ago, was received with dismay by union leaders at a meeting chaired by Rod Eddington, BA's chief executive.

Next year will see at least another 1,800 employees - and perhaps double that figure - lose their jobs, taking the total number of redundancies to well over 5,000 in two years.

-- CAkidd (, September 05, 2001.

Low Graphics Tuesday, 4 September, 2001, 16:20 GMT 17:20 UK Marconi axes 2,000 more jobs

Marconi, the troubled telecoms equipment company, has announced the resignation of its top two managers and said it is to cut another 2,000 jobs.

About 600 of the cuts will be made in the UK, 1,000 in the US and the remainder in continental Europe, central America and Asia Pacific, the firm said.

-- CAkidd (, September 05, 2001.

Aug 6, 2001 Matshushita laying off 5000. (I still have Windows 3.1, a relic I know. When it boots up, it says something about a software program produced by Matshushita is being booted up. I have software on my computer which is from a dying company... and it is a Compaq computer which will no longer exist as it did prior to yesterday).

Aug 6, 2001 CheapTickets laying off 110.

-- Paul (, September 06, 2001.

Sep 5, 2001 Compaq closing two call centers, laying off 400. The games begin.

Aug 5, 2001  Grand Royal Records closed.

Sep 5, 2001 AOL's Nullsoft, maker of free WinAmp MP3 player, laid off 7 of 14 employees

Sep 5, 2001 Emarke closed.

Sep 5, 2001 Ernst and Young laying off 20 in San Francisco office.

Sep 5, 2001 Peapod - No more free delivery.

Sep 5, 2001 Sybase laying off another 10 to 15%.

Sep 5, 2001 Inktomi's whole wireless division fired.

Sep 5, 2001 laid off 60% today from UK office, only 10

Sep 5, 2001 laid off 60.

-- Paul (, September 06, 2001.

Aug 6, 2001 Motorola ANOTHER 2000 employees laid off.

-- Paul (, September 06, 2001.

International Business Machines Corp. is laying off 109 Houston employees -- 8 percent of the company's local work force -- due to the termination of a large service contract.

The employees were notified this week that their positions would be eliminated Oct. 26

-- Martin Thompson (, September 06, 2001.

TRW Cuts Dividend in Half, Restructures CLEVELAND (Reuters) - Diversified aerospace and auto products maker TRW Inc. (NYSE:TRW - news) said on Thursday it plans to streamline operations, cut costs and will slash its dividend by 50 percent.

The Cleveland-based company said it will reduce its quarterly dividend to 17.5 cents from 35 cents per share.

TRW also said it will reduce costs at its corporate headquarters by 30 percent, or $65 million, and cut headquarter staff by 20 percent, or 180 jobs. It will also consolidate its three automotive businesses into two entities, saving $10 million annually.

-- Martin Thompson (, September 06, 2001.

September 7, 2001 Motorola Issues 3rd-Quarter Warning,

Plans More Job Cuts for Total of 32,000 By Andrea Petersen

Staff Reporter of The Wall Street Journal

Motorola Inc., issuing its third warning since December, said its third-quarter sales will be weaker and its loss larger than what the company had told Wall Street to expect. Motorola's shares sagged 15% on the news.

The Schaumburg, Ill., company also said it will slash an additional 2,000 jobs in its wireless-infrastructure business. Including those cuts, Motorola has announced that it will eliminate 32,000 jobs by the end of this year, out of an original work force of 147,000.

-- CAkidd (, September 07, 2001.

Zefer shuts Hub operations

Firm fires 300, sells some assets

By Stephanie Stoughton, Globe Staff, 9/6/2001

Internet consultant Zefer Corp. has quietly closed down its Boston operations, firing about 300 remaining employees and selling some of its assets to Japanese computer giant NEC Corp., according to former executives and workers familiar with the situation.

About 180 of the employees have been offered positions with NEC, which also had planned on assuming Zefer's client accounts and other assets, two former Zefer executives said yesterday.

-- CAkidd (, September 07, 2001.

Aug 7, 2001 Viewpoint 28 jobs.

Aug 7, 2001 Easterline 100 jobs.

Aug 7, 2001 First e Group closed. 375 jobs.

-- Paul (, September 07, 2001.


American International Group Inc. is laying off more than 650 workers from its domestic life-insurance division in Wilmington as a result of its recent merger with a rival insurer, company officials said Tuesday.

-- Martin Thompson (, September 07, 2001.

WASHINGTON (Reuters) - J.C. Penney Co. Inc. (NYSE:JCP - news) said on Friday it has eliminated 200 Home Office and field positions out of a planned 300, and expects to eliminate the remaining 100 positions by the third quarter.

-- Martin Thompson (, September 07, 2001.

LOS ANGELES (Reuters) - Red Herring, the once-oversized new economy magazine that has more recently fallen victim to the dot-com advertising bust, laid off 28 people on Friday -- 16 percent of its staff -- and said it will return to publishing monthly instead of biweekly.

-- Martin Thompson (, September 07, 2001.

Internet consultant Zefer Corp. has closed its Boston office and fired about 300 employees, according to a published report.

-- Martin Thompson (, September 07, 2001.

High-technology public relations firm Brodeur Worldwide Thursday laid off 60 U.S. employees, inlcluding 35 in the Boston office, because of declining revenue.

The company officials said the cuts, which leave 130 employees in Boston and 275 in the United States, affected all functional departments and offices. All told, the company employs 725 in 55 worldwide offices.

-- Martin Thompson (, September 07, 2001.


Pella-based Vermeer Manufacturing Co. cut 430 office and production jobs Thursday, citing continued slumping demand for its products.

The layoff Thursday is Vermeer's second round this year. In March, the industrial and agricultural equipment maker eliminated 231 jobs.

Vermeer's total employment now is 1,900, down 32 percent from 2,800 before the March layoff. The company has eliminated positions through layoffs, voluntary separations, attrition and a hiring freeze

-- Martin Thompson (, September 07, 2001.

Bombardier Aerospace, one of Toronto's biggest industrial employers, is laying off 450 employees, or about 9 per cent of its workforce, because of declining aircraft orders.

-- Martin Thompson (, September 08, 2001.

Posted September 7 2001, 10:25 PM EDT LOS ANGELES -- The Los Angeles Times is closing its three weekly community news sections, eliminating 18 jobs.

-- Martin Thompson (, September 08, 2001.

HUDSON, N.H. (AP) — About 265 workers are losing their jobs in Hudson and Derry as Sanmina Corp. closes three of its operations.

The company told employees Thursday it is closing its two circuit board operations in Hudson and one of the two in Derry.

-- Martin Thompson (, September 08, 2001.

BERLIN, N.H. (AP) — Pulp and Paper of America has shut down the last operating paper machine at the Berlin-Gorham mill complex.

Raymond Blais, president of the union at the pulp and paper plants, Wednesday told The Berlin Daily Sun more people were laid off as a paper towel operation in Gorham was shut down.

Blais estimated that of the approximately 700 members in Local 75 fewer than 100 remain working in the mills.

-- Martin Thompson (, September 08, 2001.




-- Martin Thompson (, September 09, 2001.

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