I thought that it would be a little interesting to see a list of some of the companies who have announced job cuts. Forbes.com has a very sobering tracker of layoffs from the nation’s 500 largest companies. This is just a small list of companies who have laid off employees around the world.
| Date | Company | Total Laid Off | Industry |
| 1/30/2009 | Caterpillar | 2,110 | Capital Goods |
| 1/29/2009 | Textron | 2,000 | Conglomerates |
| 1/29/2009 | Ford | 1,200 | Durables |
| 1/29/2009 | Eastman Kodak | 4,500 | Household |
| 1/29/2009 | Black and Decker | 1,200 | Household |
| 1/29/2009 | Walt Disney | 400 | Media |
| 1/28/2009 | Walt Disney | 200 | Media |
| 1/28/2009 | Starbucks | 6,700 | Restaurants |
| 1/28/2009 | Boeing | 10,000 | Aerospace |
| 1/28/2009 | Time Warner | 1,500 | Media |
| 1/27/2009 | Target | 1,000 | Retailing |
| 1/27/2009 | Masco | 600 | Construction |
| 1/26/2009 | IBM | 2,800 | Software |
| 1/26/2009 | Texas Instruments | 3,400 | Semiconductors |
| 1/26/2009 | Lincoln National | 540 | Insurance |
| 1/26/2009 | Caterpillar | 20,814 | Capital Goods |
| 1/26/2009 | General Motors | 9,758 | Durables |
| 1/26/2009 | Home Depot | 7,000 | Retailing |
| 1/26/2009 | Pfizer | 19,800 | Pharmaceuticals |
| 1/26/2009 | Sprint Nextel | 8,000 | Telecommunications |
| 1/23/2009 | Abercrombie & Fitch | 50 | Retailing |
| 1/23/2009 | Deere & Company | 662 | Capital Goods |
| 1/23/2009 | Harley-Davidson | 1,100 | Consumer Durables |
| 1/22/2009 | Microsoft | 5,000 | Software |
| 1/22/2009 | Huntsman | 1,665 | Chemicals |
| 1/21/2009 | Burlington Santa Fe | 2,500 | Transportation |
| 1/21/2009 | UAL | 1,000 | Transportation |
| 1/21/2009 | SPX | 400 | Conglomerates |
| 1/21/2009 | Intel | 5,000 | Semiconductors |
| 1/21/2009 | Walt Disney | 600 | Media |
| 1/21/2009 | Wynn Resorts | 53 | Leisure |
| 1/21/2009 | Eaton | 5,609 | Capital Goods |
| 1/20/2009 | Clear Channel | 1,850 | Media |
| 1/20/2009 | Deere & Co. | 160 | Capital Goods |
| 1/16/2009 | ConocoPhillips | 1,300 | Oil & Gas |
| 1/16/2009 | Hertz Global Holdings | 4,000 | Business Services |
| 1/16/2009 | WellPoint | 600 | Health Care |
| 1/16/2009 | Advanced Micro Devices | 1,700 | Semiconductors |
| 1/15/2009 | Xerox | 275 | Business Services |
| 1/15/2009 | MeadWestvaco | 2,000 | Materials |
| 1/15/2009 | Autodesk | 750 | Software |
| 1/15/2009 | Marshall & Ilsley | 830 | Banking |
| 1/15/2009 | General Electric | 1,000 | Conglomerates |
| 1/14/2009 | Ecolab | 1,000 | Chemicals |
| 1/14/2009 | Delta Air Lines | 2,000 | Transportation |
| 1/14/2009 | Motorola | 4,000 | Technology |
| 1/14/2009 | 100 | Software | |
| 1/13/2009 | KeyCorp | 200 | Banking |
| 1/13/2009 | Newell Rubbermaid | 75 | Household |
| 1/13/2009 | Cummins | 1,300 | Capital Goods |
| 1/12/2009 | Textron | 2,665 | Conglomerates |
| 1/12/2009 | Mosaic | 1,000 | Chemicals |
| 1/12/2009 | Best Buy | 500 | Retailing |
| 1/12/2009 | Precision Castparts | 40 | Defense |
| 1/9/2009 | Oracle | 500 | Software |
| 1/9/2009 | Smithfield Foods | 75 | Food |
| 1/9/2009 | Freeport-McMoRan Copper & Gold | 2,750 | Materials |
| 1/8/2009 | Union Pacific | 230 | Transportation |
| 1/8/2009 | General Dynamics | 179 | Defense |
| 1/7/2009 | Walgreen | 1,000 | Retailing |
| 1/7/2009 | EMC | 2,400 | Technology |
| 1/6/2009 | Alcoa | 13,500 | Materials |
| 1/5/2009 | Cigna | 1,100 | Health Care |
| 1/5/2009 | United States Steel | 4,225 | Materials |
| 12/31/2008 | Mohawk Industries | 160 | Consumer Durables |
| 12/31/2008 | Tyson Foods | 120 | Food |
| 12/31/2008 | Target | 132 | Retailing |
| 12/30/2008 | Allegheny Technologies | 323 | Materials |
| 12/30/2008 | Motorola | 400 | Technology |
| 12/23/2008 | ULA (Boeing, Lockheed Martin) | 172 | Joint Venture |
| 12/23/2008 | Johnson Controls | 125 | Consumer Durables |
| 12/23/2008 | Las Vegas Sands | 11,500 | Leisure |
| 12/22/2008 | Parker-Hannifin | 405 | Capital Goods |
| 12/19/2008 | Genworth Financial | 1,000 | Insurance |
| 12/19/2008 | Electronic Arts | 1,000 | Software |
| 12/19/2008 | Sovereign Bancorp | 1,000 | Banking |
| 12/18/2008 | Omnicom Group | 3,145 | Media |
| 12/17/2008 | Ryder System | 3,100 | Services |
| 12/17/2008 | Western Digital | 2,500 | Technology |
| 12/17/2008 | Aetna | 1,000 | Health Care |
| 12/17/2008 | Parker-Hannifin | 46 | Capital Goods |
| 12/17/2008 | Bristol-Myers Squibb | 3,700 | Pharmaceuticals |
| 12/16/2008 | CBS | 30 | Media |
| 12/15/2008 | Merrill Lynch | 400 | Financials |
| 12/15/2008 | Charles Schwab | 100 | Financials |
| 12/13/2008 | Berkshire Hathaway | 345 | Finance |
| 12/12/2008 | International Paper | 2,050 | Materials |
| 12/11/2008 | Bank of America | 35,000 | Banking |
| 12/11/2008 | Whirlpool | 250 | Durables |
| 12/10/2008 | Mohawk Industries | 105 | Durables |
| 12/10/2008 | Procter & Gamble | 320 | Household |
| 12/09/2008 | Praxair | 1,600 | Chemicals |
| 12/08/2008 | Anheuser-Busch Co. | 1,400 | Food |
| 12/08/2008 | 3M | 2,300 | Conglomerates |
| 12/08/2008 | Wyndham Worldwide | 4,000 | Leisure |
| 12/08/2008 | Dow Chemical | 5,000 | Chemicals |
| 12/05/2008 | Legg Mason | 200 | Financials |
| 12/05/2008 | Cablevision | 100 | Media |
| 12/05/2008 | Staples | 140 | Retailing |
| 12/04/2008 | Steel Dynamics | 65 | Materials |
| 12/04/2008 | Windstream | 170 | Telecommunications |
| 12/04/2008 | General Electric | 500 | Conglomerates |
| 12/04/2008 | E.I. du Pont de Nemours | 2,500 | Chemicals |
| 12/04/2008 | AT&T | 12,000 | Telecommunications |
| 12/03/2008 | United Technologies | 350 | Conglomerates |
| 12/03/2008 | Gannett | 2,000 | Media |
| 12/03/2008 | Adobe Systems | 600 | Software |
| 12/03/2008 | Jefferies Group | 300 | Financials |
| 12/03/2008 | Viacom | 850 | Media |
| 12/01/2008 | JPMorgan Chase | 9,200 | Banking |
| 12/01/2008 | PepsiCo | 87 | Food |
| 11/25/2008 | Dana Holding | 50 | Durables |
| 11/24/2008 | BlackRock | 10 | Financials |
| 11/21/2008 | Western Union | 200 | Business Services |
| 11/20/2008 | Bank of New York Mellon | 1,800 | Banking |
| 11/20/2008 | Boeing | 800 | Aerospace |
| 11/17/2008 | Citigroup | 52,000 | Banking |
| 11/14/2008 | Sun Microsystems | 6,000 | Technology |
| 11/12/2008 | Applied Materials | 1,800 | Technology |
| 11/12/2008 | Morgan Stanley | 2,000 | Finance |
| 11/12/2008 | Liberty Media | 910 | Retailing |
| 11/11/2008 | AK Steel Holding | 800 | Materials |
| 11/7/2008 | Ford Motor | 2,600 | Durables |
| 11/6/2008 | Mattel | 1,000 | Household |
| 11/6/2008 | MGM Mirage | 400 | Leisure |
| 11/4/2008 | Hartford Financial Services Group | 500 | Finance |
* Total announced layoffs at America’s 500 largest public companies as measured by a composite ranking of sales, profits, assets and market value since Nov. 1 2008. Includes layoffs at subsidiaries, joint ventures, and majority owned companies.
Number of layoffs only since Nov. 1, 2008, at America’s 500 largest public companies:
362,335
This is not an exhaustive list by any stretch of the imagination!! But the numbers are scary when you start adding them up.
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- Understanding The Ten Sectors That Comprise The Standard And Poor’s 500 Index (S&P 500)
- Wachovia Bank Is Sold to Citigroup for $2.1 Billion
