Saturday, December 20, 2008

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Layoffs in USA - Dec 19th: Update

Sovereign Bancorp and Electronic Arts announce 2,000 job cuts
Sovereign Bancorp and video-game designer Electronic Arts announced on Friday that they are cutting a total of 2,000 jobs, laying blame on the recession.

Barclays Capital
fires Lehman Brothers staff
Barclays Capital, the investment banking branch of Britain's Barclays Plc. is dismissing a report it was delaying the layoffs of 3,500 employees, who have lost their jobs as part of the company’s takeover of Lehman Brothers. The New York Post said Barclays was delaying with the layoffs until after the New Year celebration.

Indefinite Layoffs At CAT Mossville
Caterpillar is indefinitely laying off more than 800 workers at its Mossville plant starting February 23rd.

Aspyr Confirms Layoffs
Aspyr Media has confirmed it's laying off an unspecified number of staffers due to the economic downturn.

Citizens Financial lays off 900
Citizens Financial Group announced 900 layoffs today in their commercial, retail and global transaction services divisions.

Glam Media cuts Salaries to Avoid Layoffs

Sovereign Bank announces 112 layoffs

Parker Hannifin announces layoffs in Alliance

Silicon Valley jobless rate up amid thousands of job cuts
The unemployment rate in the San Jose region rose to 7.2 percent in November as the number of non-farm workers dropped by 4,300 from a year ago.

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