Wednesday, December 10, 2008

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Layoff news in USA - Dec 9th: Update


Sony is to cut more than 16,000 permanent and part-time jobs from its worldwide electronics division and will raise prices for its products in the face of dwindling consumer spending.

Hutchinson Technology announces job cuts of 20-25 pct

ABX cutting 228 more jobs

DHL Express to lay off 74 in latest cutback

Navistar to cut about 250 salaried jobs

Level 3 is going to lay off around 450 employees, or about 8 percent of its total workforce

Mattson announces second set of layoffs since September
Mattson said it will “reduce approximately 20% percent of (its) global workforce through reductions-in-force and outsourcing.” The move is estimated to cost $3 to $4 million in severance charges.

GE: Some salaried employees being let go
Some salaried workers at GE will soon be receiving notices that they have been laid off.

The layoffs were confirmed Tuesday, but a company spokesperson says the employees who are being let go will have numerous resources available to aid their transition.

GE will provide laid off employees with out placement assistance, one year medical insurance coverage, as well as tuition reimbursement for courses completed within two years.

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