"This latest whammy has Disney's ABC Television Group axing 4% of the total workforce all the way up into the executive ranks. About 200 open positions won't be filled, and another 200 staffers will be let go."
Thursday, January 29, 2009
Nikki Finke’s Deadline Hollywood Daily - Now It’s Disney/ABC Laying Off 400 Staff:
Cigna to Cut 1,100 Jobs, Sets $40 Million Charge - WSJ.com:
"Cigna Corp. is cutting 1,100 jobs, or 4% of its work force, by mid-2009 in the wake of investment losses last year and the slumping economy that is causing employers and consumers to reduce health coverage."
Pfizer Plans to Lay Off Up to 2,400 in Sales - WSJ.com:
"Pfizer Inc. plans to lay off as many as 2,400 salespeople in the U.S., or as much as a third of its field force, according to a person familiar with the matter."
"The Detroit-based nonprofit said the moves are necessary to preserve its financial health."
Microsoft: Microsoft Laying Off 5,000, Rumored Mostly From Xbox and Zune Division:
"Microsoft, the industry's unassailable juggernaut, apparently can bleed. It's laying off 5,000 workers of its 94,000-employee workforce. Rumor is, mostly from the amazing Entertainment and Devices teams."
Rumormonger: Google Engineers Fear 1,000 or More Layoffs:
"A tipster is hearing from inside the Googleplex that the company, which is set to report earnings today, could lay off 5 percent of its engineering staff."
At ABC News, Pink Slips in News, Marketing | The Wrap:
"ABC Television Group president Anne Sweeney announced in a memo this morning that the company is 'now faced with the harsh reality of having to eliminate jobs in some areas.' A tipster tells TVNewser that ABC News will lay off 35-40 people from the news magazines, News Now and digital spheres and will not fill 60 open positions."
Mail: Post Office Could Cut One Day of Delivery--Tuesday:
"Facing a potential $6 billion shortfall this year, the U.S. Postal Service is considering cutting one day of mail delivery—and it would actually be Tuesday, not Saturday."
Perez Hilton: Shiteous Economy = No Playboy $uper Bowl Party:
"Cancellation was a necessary move as the bunny mag will be reducing jobs, consolidating its online and print divisions, and writing down the value of assets as much as $100 million, resulting in a fourth-quarter operating loss."
CSU suspends construction on more than 130 projects - LA Daily News:
"CSU officials said Wednesday that the projects are being suspended because the state has stopped distributing money for university projects financed by state bonds.
The suspended projects include classroom buildings, libraries, performing arts centers and major infrastructure. There are about 13,000 jobs associated with the $848 million in construction."
Home Depot Layoffs 2009: Jobs Cut, Expo Centers Closing (Full List)
Home Depot has announced a series of cutbacks that will include thousands of layoffs and the closings of all Expo Design Center stores.