America Attacked The Changing Employment Picture Since the terrorist attacks on Sept. 11, companies in many sectors have announced layoffs, although some had already been tightening due to a weakened economy. Meanwhile, other jobs are being created and hiring is expected to pick up for the second-quarter of 2002, as the nation's economy begins its recovery. The following layoffs list has been compiled from wire reports and company press releases. (Last updated July 25) Please report layoffs and new jobs to Maryan Chilinguerian .
Airlines Company
Date Announced
Details
Air Canada (ACNAF ) 9/26/01
5,000 (in addition to the 4,000 announced in August) Aer Lingus 10/10/01
2,500 (AMR ) 9/18/01
20,000 (cuts involve American, American Eagle, and TWA; more than 500 are pilots) American Trans Air 9/17/01
1,500 America West Holdings (AWA ) 9/17/01
2,000 British Airways (BAB ) 9/20/01
7,000 Continental (CAL ) 9/18/01
12,000 Delta 9/26/01
13,000 (11,000 opted to leave voluntarily; remaining 2,000 will be laid off) Frontier (FRNT ) 9/18/01
440 KLM Royal Dutch 10/4/01
2,500 Mesa Air Group (MESA ) 9/19/01
700 Midway 9/19/01
700 (announced bankruptcy before attacks; up to 1,400 layoffs when the airline closes) Midwest Express Holdings (MEH ) 9/18/01
450 National Airlines
300 Northwest 9/21/01
10,000 (9,000 contract employees and 1,000 managers) Scandinavian Airlines System 11/6/01
2,500 Sun Country Airline 12/7/01
900 Swissair 10/11/01
9,000 worldwide (4,392 in Switzerland) United Airlines (UAL ) 9/19/01
20,000 US Airways (U ) 9/17/01
11,000 (US Airways plans to shut down MetroJet by December) Vanguard Airlines (VNGD ) 9/21/01
150 Defense/Aerospace
Company Date Announced
Details
B/E Aerospace (BEAV ) 10/23/01
1,000 (or 22 percent) Boeing (BA ) 9/18/01
30,000 (all are commercial airplane workers) Bombardier 9/26/01
3,800 (of aerospace work force) Lockheed Martin Space Systems (LMT ) 11/7/01
360 (Bethesda, Md.; Denver, Colo.; and Sunnyvale, Calif. offices will be affected) Textron (TXT ) 9/26/01
2,500 Raytheon (RTN ) 10/2/01
750 (cuts are from aircraft unit and primarily in Kansas locations) Rockwell Collins (COL ) 9/25/01
2,600 Vought Aircraft 10/30/01
1,200 (or 20 percent) Financial Company
Date Announced
Details
Aetna (AET ) 12/13/01
6,000 American Express (AXP ) 12/12/01
up to 6,500 Arthur Anderson 4/9/02
Anderson has begun dismissing nearly a quarter of its workforce (about 7,000 employees) as it copes with continuing loss of business following the enron scandal. Bank One (ONE ) 10/31/01
750 Bear Stearns (BSC ) 10/18/01
800 Charles Schwab (SCH ) 9/26/01
1,900 Citigroup (C ) 11/15/01
7,800 CNA Financial (CNA ) 12/6/01
1,850 (or 10 percent) Commerzbank 10/15/01
3,400 Covisint 6/28/02
100 Credit Suisse Group (CSR ) 6/12/02
500 (CSFB already cut around 2,500 jobs in the final four months of 2001 bringing its worldwide investment banking staff to 25,152 at the end of December) Deutche Bank 12/26/01
2,100 (in addition to 4,500 in Nov.) Dresdner Bank 9/18/01
1,300 Fidelity 10/30/01
760 FleetBoston (FBF ) 12/19/01
700 (or 1.3 percent) Mony Group (MNY ) 10/18/01
450 Merrill Lynch (MER ) 10/18/01
9,000 (or 16 percent; in addition to 2,300 in Oct.) MetLife (MET ) 10/22/01
1,900 Providian (PVN ) 1/3/01
800 Prudential (PUK ) 11/2/01
2,100 Government Company
Date Announced
Details
Montgomery County Schools 11/15/01
150 Hospitality Company
Date Announced
Details
Mandalay Resort Group (MBG ) 10/5/01
4,500 MGM Mirage (MGG ) 10/1/01
6,000 Wyndham International 10/2/01
1,600 Manufacturing Company
Date Announced
Details
(ABB ) 10/24/01
12,000 Agere (AGRa ) 12/5/01
950 (management, sales, and corporate support positions in N.J. and P.A.) Albany International (AIN ) 12/1/01
100 (in Greenville, S.C.) Alcan (AL ) 10/17/01
3,640 Alcoa (AA ) 12/11/01
240 Allegheny Energy (AYE ) 7/8/02
600 Applied Power Conversion (APCC ) 3/29/02
2,100 American Semiconductor (SEMI ) 10/16/01
25 percent American Standard (ASD ) 10/16/01
about 1,000 Applied Materials (AMAT ) 12/12/01
3,700 (2,000 in late September) Aquila Inc. (ILA ) 6/17/02
Not Yet Announced Boeing (BA ) 12/13/01
up to 1,500 BP Plc (BP ) 11/13/01
1,000 (or 40 percent in Scotland) Burlington Industries 1/10/01
4,000 Carrier (CACS ) 3/11/02
2,000 Casio Computer 11/14/01
3,000 (or 17 percent) Caterpillar (CAT ) 12/21/01
900 Chevron/Texaco (CVX ) 11/14/01
4,000 (or 7 percent) Cinergy (CIN ) 3/15/02
Offering voluntary early retirement programs to 280 employees 3Com (COMS ) 9/19/01
1,000 Crompton (CK ) 9/19/01
700 Dana (DCN ) 10/17/01
11,000 DaimlerChrysler (DCX ) 10/12/01
2,700 (1,600 factory jobs and 1,100 administrative positions) Delphia 4/17/02
6,100 (or 3 percent) Domtar (DTC ) 3/27/02
335 Dynegy (DYN ) 6/20/02
340 Eastman Kodak (EK ) 10/24/01
4,000 (or 5.1 percent) Eaton 11/14/01
90 (or 10 percent of corporate-level staff) Emerson Electric (EMR ) 10/22/01
4,000 (or 10 percent; closing 20 of 350 plants) Fairchild Dornier 4/12/02
310 (in Va. and Tex.) Fleming 5/7/02
280 (closing distribution centers in Okla. and Tex.) Ford Motor (F ) 1/11/02
35,000 worldwide (22,000 in North America) General Electric (GE ) 4/17/01
7,000 (about 2 percent; in addition to 4,000 in October from aircraft unit) General Motors (GM ) 2/15/02
2,850 (in Mich. and N.J.) Goodyear (GT ) 2/8/02
3,500 (in addition to 9,400 in 2001) International Paper (IP ) 10/16/01
760 John Deer 6/5/02
240 Kaiser Aluminum (KLU ) 12/21/01
114 (in addition to 118 in Oct.) Lear (LEA ) 2/1/02
6,500 (or 6 percent) Lexmark International (LXK ) 10/22/01
about 1,600 or 12 percent (mostly in Kentucky and Mexico) Lockheed Martin (LMT ) 12/7/01
650 LSI Logic (LSI ) 9/19/01
600 Medtronic (MDT ) 5/9/02
800 (cuts are in Calif. and Fla.) Mitsubishi 12/26/01
4,000 Noranda (NRD ) 3/28/02
300 Phelps Dodge (PD ) 10/23/01
1,440 Playtex (PYX ) 3/25/02
160 Plug Power (PLUG ) 10/17/01
90 PPL 6/19/02
598 Procter & Gamble (PG ) 3/6/02
750 (manufacturing jobs in its Clairol division; in addition to 1,400 in Jan.) Rolls-Royce 10/19/01
5,000 worldwide Shell (SHOI.PK ) 3/26/02
1,200 Stanley Works (SWK ) 10/18/01
10 percent of salaried workers Terex (TEX ) 10/9/01
1,225 TRW (TRW ) 10/16/01
2,400 Tyco Electronics 11/15/01
6,700 (or about 8 percent; 700 in late October) Tyco International (TYC ) 4/25/02
7,100 (in addition to 1,000 from telecom unit in February)) United Technologies (UTX ) 10/16/01
5,000 Whirlpool (WHR ) 10/16/01
Announced closure of major plant and transfer of resources to alternate locations. Williams (WMB ) 5/24/02
125-130 (or 16 percent) Media Company
Date Announced
Details
Belo (BLC ) 10/10/01
160 CNN 12/10/01
30 Cox Interactive 10/25/01
70 Contentville.com 9/28/01
15 (Web site has been shut down) Discovery Communications 11/9/01
50 Freedom Forum 9/30/01
closing offices in London, Buenos Aires, Hong Kong, Johannesburg, and New York Miramax 3/15/02
15 percent MSNBC.com 12/4/01
9 percent MTV 10/30/01
450 Reuters (RTRSY ) 2/12/02
200 (in addition to 500 in October) San Fransisco Chronicle 11/27/01
220 (or 8.5 percent) U.S. News & World Reports 10/24/01
13 members of magazine (cut salaries by 10 percent) Retail Company
Date Announced
Details
Ames Department Store 11/14/01
1,000 (closing 16 stores in the Midwest, Ky. and Tenn.) Bausch & Lomb (BOL ) 7/25/02
450 (in addition to 700 1/4/01) Bristol-Myers Squibb (BMY ) 10/30/01
5,000 (or 40 percent) Clorox (CLX ) 12/6/01
260 (or 8 percent) Coca-Cola (KO ) 10/12/01
80 (in Atlanta) CVS (CVS ) 10/31/01
unspecified number (closing 200 stores) Dean Foods (DF ) 2/18/02
200 Ericsson 4/22/02
17,000 (or 20 percent; in addition to 200 in February) Hillshire Farm & Kahn's (SLE ) 10/17/01
230 (in Cincinnati) Jacobson Stores (JCBS ) 10/12/01
225 Kenneth Cole (KCP ) 10/3/01
10 percent of corporate staff Kinkos 10/16/01
350 (cuts are made in human resources, technology and operations support) Kmart 3/08/02
22,000 (as part of its restructuring under Chapter 11 bankruptcy) Kroger (KR ) 12/11/01
1,500 Maytag (MYG ) 10/11/01
225 salaried positions Nordstrom (JWN ) 10/3/01
1,600 Radio Shack (RSH ) 10/23/01
308 (10 of the cuts are senior executive positions) Sears (S ) 10/24/01
4,900 salaried positions (or 22 percent; 1,300 of the cuts in Chicago) Staples (SPLS ) 2/1/02
236 (plans to close 30 stores) Stride Rite (SRR ) 10/2/01
120 Winn-Dixie 5/6/02
5,300 (closing all stores in Okla. and Tex.) Xerox (XRX ) 1/23/02
530 (in Rochester, N.Y.) VF Corp.(VF ) 11/14/01
13,000 (or 18 percent) Technology Company
Date Announced
Details
ADC Telecommunications (ADCT ) 10/23/01
150 senior management positions Advanced Switching (ASCX ) 10/16/01
36 percent Aether Systems (AETH ) 10/2/01
280 (or 25 percent) Alcatel (ALA ) 10/3/01, 10/31/01
13,038 (3,038 in early October) Akamai Technologies (AKAM ) 10/10/01
200 (in addition to 180 in April) AOL Time Warner (AOL ) 11/9/01
20 from its marketing department in Dulles, Va. BellSouth (BLS ) 5/17/02
about 4,000 (in addition to 966 in February, 4,200 in December and 3,000 in October) Canon (CAJ ) 3/07/02
450 (in addition to 350 jobs last year, including a 200-employee layoff in December) C-COR (CCBL ) 6/28/02
260 Celera Genomics (CRA ) 6/11/02
132 (or 16 percent) Celestica (CLS ) 10/17/01
25-30 percent Ciena (CIEN ) 3/26/02
650 (in addition to 400 in february and 380 in November) Comdisco (CDO ) 12/5/01
128 (or 10 percent in Chicago) Computer Associates (CA ) 10/11/01
900 worldwide Commerce One (CMRC ) 10/15/01
1,300 Concert 10/16/01
2,300 Corning (GLW ) 4/23/02
4,000 (or 12.5 percent; in addition to 4,000 in October) Discovery Communications 11/8/01
50 (EDS ) 6/28/02
2,000 (EMC ) 9/20/01
4,000 ExciteAtHome 9/25/01
500 Frontier Corp. 6/14/02
120 Gateway (GTW ) 1/25/02
2,250 Global Crossing 3/08/02
1,600 IBM (IBM ) 11/28/01
900 (or 4.6 percent; 400 in N.Y. and 500 in Vt.; Intel Corp. (INTC ) 7/16/02
4,000 (about 5 percent) IntelSat 10/10/01
About 100 (10 percent) KPMG Consulting (KCIN ) 11/2/01
400 (or 3 percent) Lycos Europe (LYCOF.PK ) 3/14/02
200 KPN Telecom (KPN ) 10/25/01
4,800* MCI (MCIT ) 6/28/02
700 McLeodUSA (MCLD ) 10/4/01
1,600 Metawave Communications (MTWV ) 3/14/02
42 percent MicroStrategy (MSTR ) 9/27/01
175 (about half were in the company's corporate offices in Virginia) Motient (MTNT ) 10/2/01
125 (or 25 percent) Motley Fool 9/27/01
93 Motorola (MOT ) 5/27/02
7,000 (in addition to 16,400 in December 7,000 in October and 32,000 announced earlier this year) Napster 10/24/01
16 Net2000 (NTKK ) 9/28/01, 10/22/01
700 (300 in September, the remainder in October.) Netcentives (NCNT ) 9/13/01
50 New Focus Inc. (NUFO ) 3/14/02
33 percent Nortel (NT ) 10/3/01
20,000 (in addition to the 30,000 announced earlier this year) Novell (NOVL ) 11/15/01
1,400 (or 19 percent) Oracle (ORCL ) 12/28/01
800 (or 2 percent worldwide) Palm (PALM ) 11/29/01
250 Pentastar Communications (PNTAE ) 3/29/02
all jobs Peregrine Systems 6/18/02
1,400 Qwest Communications (Q ) 12/13/01
7,000 SBC Communications (SBC ) 05/14/02
5,000 (in addition to 7,500 in March) Siemens (SI ) 10/15/01
7,000 (cuts are in the telecom sector; totalling 15,000 for the year) Sprint (FON ) 2/15/02
3,000 (in addition to 6,000 in October) Sun Microsystems (SUNW ) 10/5/01
3,900 Teligent 11/15/01
300 (or 60 percent) Terabeam 9/26/01
90 Travelocity.com 10/5/01
320 (closing a call center in Sacramento, Calif.) Unisys (UIS ) 10/15/01
3,000 Verio 9/18/01
750 Verizon (VZ ) 3/4/02
10,000 (or 4 percent of workforce) Vignette (VIGN ) 10/12/01
20 percent WorldCom (WCOM ) 4/4/02
3,700 XO Communications (XOXO ) 10/2/01
600 (or 8 percent) Yahoo (YHOO ) 11/15/01
400 Tourism Company
Date Announced
Details
Disney (DIS ) 10/19/01
100 (in Florida) Navigant International (FLYR ) 9/20/01
1,200 Park Place Entertainment 10/3/01
1,500 Shedd Aquarium 10/2/01
44 Transportation Company
Date Announced
Details
Burlington Northern Santa Fe (BNI ) 10/23/01
400
* Additional job cuts have been announced in these industries, but specific numbers have not yet been disclosed. These totals only account for layoffs that have been confirmed by the companies.
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