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Layoffs and Downsizing still make Headlines

Just in .......

United Airlines layoff:

On Wednesday, United Airlines released a statement indicating that it would be laying off 414 of its San Francisco based mechanics.

The new layoffs are part of the 7,000 position cuts that the Chicago-based airline announced earlier this year, as it continues to cut back on flights and eliminate the Boeing 737s from its fleet.

A spokeswoman for United, Megan McCarthy, explained that the layoff notices were sent to the mechanics on September 29, for layoffs effective Dec 7, 2008.

The Teamsters Local 856, located in San Bruno, California, which represents the mechanics who are being laid off have said they are outraged that the mechanics are being replaced by overseas outsourcing of their work.

A spokesman for the Teamsters, Paul Molenberg, said that addition the loss of jobs, the aircraft maintenance will done by less-skilled workers.

All labor groups at United are reducing in workforce. Involuntary layoffs among flight attendants were avoided, as there were sufficient numbers of volunteers for furloughs, reducing the number of cabin staff by 1,550. Efforts to reduce the number of pilots by 950 will continue into 2009, according to McCarthy, and as many as 1,600 management positions will be cut as well.

The number of job cuts in the baggage handler and customer service employees groups are yet to be announced

 

Layoff at Pfizer

It is doubtful that Pfizer, which makes blockbuster cholesterol drug Lipitor as well as Viagra, can generate enough sales from it's current products and pipeline of new products to offset the billions in sales that will be lost because of patents that are about to expire on key drugs.
The company has suffered setbacks, most recently when its lead drug candidate, the cholesterol treatment torcetrapib, was pulled from development because of safety concerns. Also, last year the Food and Drug Administration refused to approve a dosage of the sleep aid indiplon that could have competed with those already on the market. The world's largest drug maker seeks to cut 10,000 jobs, or 10 percent of its work force,

Here are the next steps to take if you have been caught in the layoff at Pfizer.

Sony Corp said on Thursday Sept 22nd that it would cut 10,000 jobs, or 6.6 percent of Sony's workforce, as well as shut 11 factories, and either close or reduce 15 of its Sony business operations. How to handle the Sony layoff.

Northwest Airlines Corp. will lay off 1,400 flight attendants over the next few months as it scales back its Northwest flight schedule in Chapter 11 bankruptcy, the union representing the Northwest Airlines flight attendants made this announcement Wednesday Sept 21st. How to handle the Northwest Airlines Layoff.

Giant drug corporation Pfizer is bringing home $36.9 billion in profits. It is considering a huge layoff that could number about 10,000 Pfizer employees. PepsiCo, which is about to repatriate $7.5 billion, is cutting jobs at Pepsi as well. How to handle the Pfizer & PepsiCo layoffs.

MCI :  MCI sn't in the news much lately except for the Folks who are suing MCI and the merger with Version. If you were on of the unfortunate ones caught in the MCI lay off. You can find some more information and practical help by clicking on this MCI link. MCI

Of ABN Amro's current 3,500 IT jobs, some 2,200 will be outsourced and the remaining 1,200 will stay within the bank, the source said.
ABN Amro spokesman Sierk Nawijn said the bank is discussing the matter and expects to provide details of possible cuts in September.
He declined to comment on the number of possible job losses but said the bank is in talks with various parties on possible outsourcing. 

IBM Unions representing workers and workers themselves in several countries around the world are planning a variety of actions on Monday. They are protesting a restructuring plan that is expected to see between 10,000 and 13,000 of the company's workers voluntarily or involuntarily lose their jobs. The majority of layoffs are expected in Europe, IBM said in a statement on May 4.

Layoff at Sprint : The layoff at Sprint has been a bit of a rollercoaster ride this year but management did announce another round of layoffs as it continues moving to cut costs.
The Overland Park-based company says it plans to cut 550 more jobs from its payroll. The losses are part of a reorganization begun in 2003 that has already thinned the workforce by 5,300 positions.
Sprint executives say they also expect a sizable number of layoffs as part of the company's merger with Nextel Communications later this year.

Like I said, Our economy isn't booming yet. Need proof? Look at the recent Job market news to your left. Here is just a sample of recent corporate layoffs.

Kodak layoff

 The Sprint layoffs just handed 1,600 more workers their pink slip during Sept. Sprint told the press that The Sprint layoff was the result of a reorganization to better position Sprint for the future in the market place. The Big Blue... IBM Layoffs IBM the world's largest computer company, said on Wednesday Jan 7th 2004 that it had cut 300 software positions and 100 jobs in computer services as part of its effort to match its work force to skills it needs. In addition to this  IBM Layoff there were other IBM layoffs in ,  400 software jobs in September and 200 in November. The EDS layoffs announced in October stated that EDS will lay off 5400 workers through the year . EDS is second only to IBM in compute services. The Washington Mutual layoffs were just announced in early December. Washington mutual is a banking institution and 2,900 of the Washington Mutual employees will be affected by the layoff. the Washington Mutual layoff is expected to start by early .The Merck layoff goal is to layoff 4400 workers during the last quarter of . The Merck layoff trend would continue into 2004. 

Cooper Tire & Rubber Co.layoff will eliminate 114 jobs at its Clarksdale plant, leaving only 45 workers at the inner tube manufacturing operation. Electronic Data Systems Corp  announced new figures for EDS layoffs  EDS will slash 15,000 to 20,000 jobs during the last half of the year as part of a $3 billion cost-cutting plan designed to make the company more competitive and profitable, EDS chief executive said late Thursday. He described the plan but didn't offer specifics on which employees might lose their jobs, or when. Some of the cuts will come through retirements and resignations, he said.

Company spokesmen said, however, that Plano, Texas-based EDS can be expected to continue its pattern of cutting its workforce in the United States while it enlarges it in other parts of the globe. After cutting about 5,200 jobs during the past year, EDS has nearly 120,000 workers remaining worldwide, including about 7,700 in the Dallas-Fort Worth area. So the days of high unemployment and layoffs are far from over. 

Layoff and Downsizing anxiety

During the job market explosion, job seekers had more control. They could find a job when they wanted to find one. Very often they could choose from many job offers. And they didn't have to work so hard to find a job or have the anxiety of not being able to find a job at all. When you are the victim of a layoff and downsizing some weird things start racing through your mind. Why was I the one to get caught in this layoff? Was I part of the layoff because I did something wrong? Why didn't I see the layoff signs? Because of this layoff my family will see me as a failure. How do I tell my family about my layoff. I'm going to be so embarrassed to be standing in the unemployment line.  We understand your feelings because we have lived through this ourselves. We no longer have that layoff anxiety in our lives. Let me show you why. Click Here.  

Layoff possibilities & Unemployment Solutions

This site it not about the doom and gloom of job layoffs and unemployment. it's about helping people get through the tough times caused by a job layoff or better yet show you ways that you can make sure you aren't the next layoff target.

This is a web site of Layoff possibilities & solutions

Here you'll find experts from all fields concerning Jobs, employment, budgeting, retirement, Job layoffs, employment law, personal goal setting, self-employment, developing multiple streams of income and great links to the department of Labor ( DOL ) with your local Unemployment offices. listed

I have also packed a lot of information into this site about how to avoid a layoff and downsizing. We also teach you how to prepare, just incase you are the next layoff victim. We also give you the ideas and the attitude to land that new job or start that new business. We even have a page dedicated to showing you different ways to earn some extra money while unemployed. One example is selling Pagekeeper automatic bookmarks. Because these are novel and new they sell like hot cakes. To see the video click on this link Bookmarks for Reading .

 A good way to keep in touch is with the layoff and downsizing Tidbit report. The report is sent out to subscribers about once a month and the price is free. Click here to get your copy.

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