Layoffs for January 2009 at America’s 500 largest public companies*:
151,352
Jan. 28: Boeing (nyse: BA – news – people ) increases previously announced layoffs–bringing total to 10,000 workers, or 6% of the company’s workforce.
Jan. 28: Starbucks (nasdaq: SBUX – news – people ) organizes closings at 900 stores worldwide and fires 6,700 in the process.
Jan. 28: Target (nyse: TGT – news – people ) cuts 400 open positions and 600 employees on sagging sales.
Jan. 27: Time Warner’s (nyse: TWX – news – people ) AOL reduces workforce by 10% (700 workers) as it fights declining ad revenue.
Jan. 27: Cabinet company Merillat–a subsidiary of Masco (nyse: MAS – news – people )–cuts 20% of workforce (70 workers).
Jan. 26: Texas Instruments (nyse: TXN – news – people ) pink-slips 3,400 (12% of workforce).
Jan. 26: IBM (nyse: IBM – news – people ) selects 2,800 to participate in its “current resource reduction action.”
Jan. 26: Lincoln National (nyse: LNC – news – people ) posts five quarterly declines in profit; cuts 540 (5% of workforce).
Jan. 26: Caterpillar (nyse: CAT – news – people ) announces quarterly profit plunge of 32%; fires 20,000.
Jan. 26: Following the acquisition of the small drug outfit Wyeth for $68 billion, Pfizer (nyse: PFE – news – people ) closes five factories and cuts 15% of total workforce (19,000 workers).
Jan. 26: Sprint Nextel (nyse: S – news – people ) pink-slips 8,000 workers–recording more than $300 million in severance charges but saving $1.2 billion a year in labor costs.
Jan. 26: Home Depot (nyse: HD – news – people ) closes high-end home design shops and slims ranks at headquarters; dismisses 7,000.
Jan. 26: General Motors (nyse: GM – news – people ) cuts production at several plants and fires 2,000 in Michigan and Ohio.
Jan. 23: Brazil-based Deere & Company (nyse: DE – news – people ) subsidiary lays off 502 employees.
Jan. 23: Abercrombie & Fitch (nyse: ANF – news – people ) cuts 50 from headquarters as company leans expenses.
Jan. 23: Harley-Davidson (nyse: HOG – news – people ) sees 60% drop in profits in fourth quarter of 2008; fires 1,100 (10% of workforce).
Jan. 22: Microsoft (nasdaq: MSFT – news – people ) has first mass layoff in 34-year history; pink slips 5,000.
Jan. 22: Huntsman (nyse: HUN – news – people ) reduces workforce by 9%; cutting 1,175 regular workers and 490 full-time contractors.
Jan. 21: Burlington Santa Fe cuts 2,500 workers (5% of workforce) despite a 19% jump in earnings during the fourth quarter.
Jan. 21: UAL (nasdaq: UAUA – news – people ) fires 1,000 to cut overhead costs.
Jan. 21: SPX (nyse: SPW – news – people ) attempts to sell a business unit and cuts 400 employees to help endure the downturn.
Jan. 21: Intel (nasdaq: INTC – news – people ) closes five manufacturing plants and pink slips 5,000.
Jan. 21: Walt Disney (nyse: DIS – news – people ) offers voluntary buyouts to 600 theme park executives on poor attendance.
Jan. 21: Wynn Resorts wraps up construction on Las Vegas Strip casino with 53-worker layoff in design and construction affiliate.
Jan. 21: Eaton (nyse: ETN – news – people ) brings total workforce reduction since the beginning of last year to 10% with 5,200-worker cut.
Jan. 21: Warner Bros. Entertainment–a part of Time Warner (nyse: TWX – news – people )–cuts 10% (800) of its jobs.
Jan. 20: Clear Channel Communications (nyse: CCU – news – people ) reduces workforce across the entire company by 9% accounting for 1,850 job losses.
Jan. 20: Deere & Co. (nyse: DE – news – people ) dismisses 120 at Iowa plant.
Jan. 16: ConocoPhillips (nyse: COP – news – people ) trims capital spending by 18%, writes off $34 billion and reduces workforce by 4% (1,300 jobs).
Jan. 16: Hertz Global Holdings (nyse: HTZ – news – people ) sets out for worldwide restructuring in first quarter of 2009; cuts 4,000 jobs.
Jan. 16: WellPoint (nyse: WLP – news – people ) reduces workforce by 600 and removes 900 open positions.
Jan. 16: Advanced Micro Devices (nyse: AMD – news – people ) reduces global workforce by 9% (1,100 jobs).
Jan. 15: Xerox (nyse: XRX – news – people ) cuts 275 jobs in New York region.
Jan. 15: MeadWestvaco (nyse: MWV – news – people ) fires 2,000 and plans closings or restructurings at up to 14 plants.
Jan. 15: Autodesk (nasdaq: ADSK – news – people ) expects loss from 2008 fourth quarter; pink-slips 750 (10% of workforce).
Jan. 15: Marshall & Ilsley (nyse: MI – news – people ) cuts 8% of staff (830) in ongoing cost-cutting.
Jan. 15: General Electric (nyse: GE – news – people )’s (nyse: GE – news – people ) jet-engine group cuts 1,000 white-collar jobs.
Jan. 14: Ecolab (nyse: ECL – news – people ) restructures and reduces workforce by 4% (1,000 jobs).
Jan. 14: Delta Air Lines (nyse: DAL – news – people ) gives 2,000 early retirements as part of 8% capacity reduction.
Jan. 14: Motorola (nyse: MOT – news – people ) lays off 4,000 following a 3,000-worker layoff last year; expects savings of $700 million a year.
Jan. 14: Google (nasdaq: GOOG – news – people ) fires 100 hirers as it cuts back on contract workers and temporary employees.
Jan. 13: Cummins (nyse: CMI – news – people ) freezes salaries for the rest of the year and lets 800 go.
Jan. 13: Pfizer (nyse: PFE – news – people ) cuts 800 researchers as it lowers cost in the face of poor performance and coming patent losses.
Jan. 12: Mosaic (nyse: MOS – news – people ) fires 1,000 in Saskatchewan.
Jan. 12: Aircraft maker and Textron (nyse: TXT – news – people ) subsidiary Cessna sends 2,000 packing.
Jan. 12: Best Buy (nyse: BBY – news – people ) clears 12.5% of its headquarters staff with 500-employee layoff.
Jan. 12: Precision Castparts (nyse: PCP – news – people ) dismisses 40 as airline industry continues to struggle.
Jan. 9: Oracle (nasdaq: ORCL – news – people ) reportedly cuts 500 from U.S. sales and consulting businesses.
Jan. 9: Boeing (nyse: BA – news – people ) cuts 4,500 and returns workforce size to what it was in early 2008.
Jan. 9: Freeport-McMoRan (nyse: FCX – news – people ) slices workforce in half at Arizona mine; 1,550 workers let go.
Jan. 9: Smitfield Foods’ (nyse: SFD – news – people ) Butterball–the nation’s largest turkey company–fires 75 at Missouri plant.
Jan. 8: Union Pacific (nyse: UNP – news – people ) pink-slips 230 as company struggles; stock down 22% year-to-date.
Jan. 8: Navy shipbuilder Bath Iron Works–owned by General Dynamics (nyse: GD – news – people )–dismisses 179.
Jan. 8: Continuing companywide job cuts at Eaton (nyse: ETN – news – people ) hit Iowa, with 78 laid off.
Jan. 8: Walgreen (nyse: WAG – news – people ) cuts 1,000–roughly 9%–from corporate and field manager ranks.
Jan. 7: EMC (nyse: EMC – news – people ) fires 2,400 as it reduces 2009 expenses by $350 million.
Jan. 6: Alcoa (nyse: AA – news – people ) starts global salary and hiring freeze, plans sale of four non-core businesses and cuts workforce by 13% (13,500 jobs).
Jan. 6: Aqua Glass–a subsidiary owned by Masco (nyse: MAS – news – people )–pink-slips 30 employees.
Jan. 5: Cigna (nyse: CI – news – people ) reduces workforce by 4% (1,100 jobs).
Jan. 5: United States Steel (nyse: X – news – people ) cuts 50 jobs as it closes production lines in Texas.