March 2009 Layoffs

Posted on March 16, 2009. Filed under: Tech Job | Tags: , , |

By Klaus Kneale

Layoffs for March 2009 at America’s 500 largest public companies*:

Mar. 13: PPG Industries (nyse: PPGnewspeople ) lowers first-quarter expectations and lays off 2,500.

Mar. 13: Sunoco (nyse: SUNnewspeople ) fires 750 salaried workers–about a fifth of its workforce.

Mar. 12: Weyerhaeuser (nyse: WYnewspeople ) cuts 59 workers at a mill in Oregon.

Mar. 11: AMR (nyse: AMRnewspeople ) dismisses 323 flight attendants in response to travel slump.

March 10: Lowe’s (nyse: LOWnewspeople ) closes lighting and ceiling fan distribution center; fires 82.

March 10: Principal Financial Group (nyse: PFGnewspeople ) cuts 60 jobs in its health arm (20 at headquarters).

March 10: Suffering from plummet in building and aerospace sectors, United Technologies (nyse: UTX – news – people ) reduces workforce by 5% (11,600 jobs globally).

March 6: Deere & Co. (nyse: DE – news – people ) fires 325 employees at plants in Iowa on weak construction equipment demand.

March 4: Northrop Grumman (nyse: NOC – news – people ) targets administrative positions in California with 750-worker layoff.

March 4: Heil–a subsidiary of Dover (nyse: DOV – news – people ) that makes waste and recycling trucks–cuts 180 jobs.

March 4: General Dynamics (nyse: GD – news – people ) pink-slips 1,200 as turbulence in the aerospace sector continues.

March 3: U.S. Steel (nyse: X – news – people ) closes two plants in Ontario, affecting 1,500 jobs and sparking frustration in Canadians over “U.S. protectionism.”

March 3: FirstEnergy (nyse: FE – news – people ) reduces non-union staff by 4% (335 workers) to reduce costs.


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