Layoff Central

Charles Schwab – 100 – 7%

bizadventures — Tue, 16 Dec 2008 14:30:06 +0000

They announced yesterday that 100 people will be cut from the SF-based brokerage firm – not sure exactly when layoffs will take place but it looks like Q4 ’08 (i.e…now).

Not too much info online about this – can anyone add some details?

AMD – 1,500 – 10%

bizadventures — Tue, 16 Dec 2008 14:22:33 +0000

They’re trying to keep it quiet…it will anything but – AMD is not dong so well lately, missing targets and being downgraded by Moody’s. Here is the full story.

Electrolux – 3,000 – 5% – all over

bizadventures — Mon, 15 Dec 2008 21:17:44 +0000

This one out of Europe – because of demand slowdown they’re not reaching their targets and making cuts in Q4 ’08 and and 2009 (..and Q4 ’08 right now and they only have a week left?)

No info on specifically which plants will be hit although we spotted this article about 700 layoffs at a plant in Webster City, Iowa.

BCBG – 125

bizadventures — Mon, 15 Dec 2008 03:17:44 +0000

I’m frankly surprised that I haven’t heard more about apparel and luxury companies layoffs – BCBG is one of the latest victims. All areas of the business are affected.

Torontoist folding – # of people: ?? – Toronto

bizadventures — Sun, 14 Dec 2008 04:01:37 +0000

Closer to home, Torontoist is shutting down – seemingly because of…you guessed it the economy (presumably the decrease in ad revenues) and the fact their Editor in Chief is stepping down.

Not sure how many people work on the site full-time. Regardless…good luck to the group!

Republic Windows – 240 – Chicago

bizadventures — Sat, 13 Dec 2008 18:20:15 +0000

The company shut down and blaming B0fA (which has its own layoff headaches to deal with) for a large part of it. All in all not a good story.

Tech layoff roundup: 100K and rollin’

bizadventures — Sat, 13 Dec 2008 18:16:22 +0000

Not such good news as one can expect from the tech sector layoff tracker at TechCrunch – Dec especially has not been a good month so far – 18,000 people already and it’s not even half way through the month!

Let’s hope January is better.

City of SF – 400 – ?%

bizadventures — Sat, 13 Dec 2008 05:48:16 +0000

Ironically enough, even the people who are supposed to help laid off people find work aren’t protected from cuts – Alanda Turner is one of these people in San Francisco and now she has to find work herself. 400 people will be let go starting in Feb.

Music Industry Layoffs

bizadventures — Fri, 12 Dec 2008 21:51:17 +0000

This list could have a few old items (I really hope) – includes Viacom, MTV, Real, Hollywood Reporter, Pinnacle, Variety, Buzznet, Pandora, and Imeem.

If anyone has news on layoffs at these companies please send it in!

Publishing Sector: Summit Business Media, Crain Communications

bizadventures — Fri, 12 Dec 2008 21:37:49 +0000

Summit Business Media is cutting 21 people, about 4% of its staff – some names of cut senior staff can be found here.

Crain Communications is cutting 50 from its staff. More info to come…