Layoffs List: Job Losses in 2008 and 2009 (Ongoing)

by Tina Kells | January 9, 2009 at 02:08 pm

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Last updated: March 16, 2009

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2008 was the worst year for layoffs and job losses in the United States since World War II and 2009 is expected to be even more devastating. A report out today says that 1.9 million jobs were lost in the last four months of 2008, 2.6 million for the year, and the layoff list continues to grow on a daily basis.

Data released in the U.S. today saw December non-farm payrolls off 524,000, the worst print in more than fifteen years, while the unemployment rate moved higher-than-expected to 7.2%, the highest level since January 1993. Also, October’s and November’s prints were negatively revised a cumulative 154,000 jobs. Today’s data mean 2.6 million jobs were shed in the U.S. economy in 2008 - the most since 1945 - with 1.9 million jobs lost in the four months alone. The “marginally attached” component of the jobs picture that measures underemployed and disenfranchised workers suggests the actual jobless rate in the U.S. could be above 12.5%.

Photos

Woolworths Cuts 700 More Jobs as Bargain Frenzy Continues

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A growing list of the companies worldwide that have laid off workers since the economic downturn began in 2008

Citigroup - 59,000 layoffs
Bank of America - 35,000 layoffs (over 3 years - to 2011)
HP Electronic Data Systems - 24,500 layoffs (over 3 years - to 2011)
Linens 'n Things - 21,250 layoffs
General Motors - 19,000 layoffs
Lehman Brothers - 16,000 layoffs
Alcoa - 15,200 layoffs
Starbuck's - 12,000 layoffs
AT&T - 12,000 layoffs
Wachovia - 11,250 layoffs
BT (British TeleCom) - 10,000 layoffs
DHL (US Division) - 9,500 layoffs
Bennigan's Restaurants - 9,300 layoffs
JP Morgan/Washington Mutual Acquisition - 9,200 layoffs
JP Morgan/Bear Stearns Acquisition - 9,160 layoffs
Dell - 8,900 layoffs
Sony (USA) - 8,000 layoffs
Bank of America (Countrywide) - 7,500 layoffs
Circuit City - 7,305 layoffs
American Express - 7,000 layoffs
NASA - 7,000 layoffs
American Airlines - 7,000 layoffs
Google - 6,000 - 4,300 layoffs
Sun Microsystems - 6,000 layoffs
Credit Suisse - 5,300 layoffs
Merrill Lynch - 5,150 layoffs
Reliance Group - 5,000 layoffs
GMAC - 5,000 layoffs
Dow Chemical - 5,000 layoffs
Morgan Stanley - 4,100 layoffs
Fidelity Investments - 4,000 layoffs
Sprint Nextel - 4,000 layoffs
University of Texas Medical Branch - 3,800 layoffs
Siemens Enterprise Communications - 3,800 layoffs
PepesiCo - 3,300 layoffs
Goldman Sachs - 3,260 layoffs
Lehman Brothers - 2,900 layoffs
Nokia (Manufacturing division) - 2,300 layoffs
Daimler Trucks - 2,100
Nortel Networks - 2,100 layoffs
Chrysler - 1,825 layoffs
International Paper - 1,500 - 1,000 layoffs
Yahoo! - 1,500 - 1,000 layoffs
Goldman Sachs - 1,500 layoffs
HSBC North American Holdings - 1,350 layoffs
Lenovo - 1,250 layoffs
Nissan (UK) - 1,200 layoffs
HSBC - 1,100 layoffs
Hudson's Bay Company - 1,000 layoffs
Macy's - 960 layoffs
Bank of America - 928 layoffs (management)
Lockheed Martin Aeronautics Co - 850 layoffs
Boeing - 800 layoffs
Woolworths - 700 layoffs
Nokia (US Sales) - 650 layoffs
Texas Instruments - 650 layoffs
Adobe Systems - 600 layoffs
Advanced Micro Devices (AMD) - 500 layoffs
Merrill Lynch (Trading division) - 500 layoffs
Level 3 Communications - 450 layoffs
Barclay's - 400 layoffs
E-Trade Financial Corp. - 278 layoffs
Palm - 200 layoffs
Akamai - 110 layoffs

Expected job losses and announced layoffs in 2009

GM - 47,000 second round of layoff announcements (restructuring) total = 57,000
Cambodia Garment Industry - 51,000 jobs lost
Japan's top 12 automakers - 25,000 combined layoffs expected
The State of Georgia - furlough 25,000 workers (forced unpaid time off)
Nissan - 20,000 layoffs
Caterpillar - 20,000 layoffs
NEC Corp - 20,000 layoffs
AstraZeneca - 15,000 layoffs by 2013
Panasonic - 15,000 layoffs
KBG Toys - 15,000 expected layoffs
Pioneer - 10,000 layoffs
GM - 10,000 layoffs (also cutting pay by 10%)
Boeing - between 4,500 and 10,000 layoffs pending
GlaxoSmithKline PLC - 10,000 job losses expected
Anglo Platinum - 10,000 layoffs
Sprint Nextel - 8,000 layoffs (14% of staff)
Pfizer Pharmaceutical - 8,000 layoffs (by end of 2011)
Hitachi - 7,000 layoffs
Home Depot - 7,000 layoffs
Starbucks - 6,700 layoffs
ING - 7,000 layoffs
Phillips Electronics - 6,000 layoffs
Intel - 6,000 layoffs (second round)
PNC Financial - 5,800 layoffs
Scandinavian Airlines - 5,600 layoffs
Lonmin Plc (Mining) - 5,500 layoffs
UBS - 5,000 layoffs (mostly management, second round)
Goodyear - 5,000 layoffs
Whirlpool - 5,000 expected layoffs
Microsoft - 5,000 layoffs
Ericsson - 5,000 layoffs
Freescale - 4,800 layoffs
Kodak - 4,500 layoffs
Toshiba - 4,500 layoffs
Texas Inetrument - 3,400 layoffs
Nortel Networks - 3,200 layoffs
Cisco - 3,000 layoffs
Spansion - 3,000 layoffs
IBM - 2,800 layoffs
Royal Bank of Scotland (RBS) - 2,300 layoffs
Micron - 2,000 layoffs
Estee Lauder - 2,000 layoffs
General Motors - additional 2,000 layoffs over 2008 total
Swiss bank UBS AG - 2,000 layoffs
Fidelity Investments - 1,700 layoffs (second round of 4,000 job cuts announced in 2008)
Bell Canada - 1,500 early retirement buy outs
Sun Microsystems - 1,300 layoffs
Unisys - 1,300 layoffs
Time/Warner (TV) - 1,250 layoffs
Harley Davidson - 1,100 layoffs
Pratt & Whitney (jet makers) - 1,000 layoffs
United Airlines - 1,000 layoffs
Walgreen's - 1,000 layoffs
BorgWarner - 750 layoffs
Merck & Co. - 750 layoffs (sales reps)
Liz Claiborne - 725 layoffs
AOL - 700 layoffs
Virgin Airlines - 600 layoffs
Neimen Marcus - 450 layoffs
Harrah's Memphis - 250 layoffs, 50 transfers to Las Vegas
Ryanair - 200 layoffs
John Deere - 200 layoffs
Walt Disney - 200 layoffs
Michelin Canada - 95 layoffs
Billy Graham Crusade - 55 layoffs
Dow Chemicals - unspecified number of expected layoffs
BigLots - unspecified number of expected layoffs
AK Steel - unspecified number of expected layoffs
Waterford/Wedgewood - unspecified number of layoffs

Please add to this list as layoffs news occurs using the comments stream below.

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antinsa

at 18:35 on January 9th, 2009

excellent tracking. Takes the spin off.

Fred Miller

at 21:15 on January 9th, 2009

Walgreens to cut 1,000 salaried posts . About half will come from Deerfield headquarters

http://www.chicagotribune.com/business/chi-fri-walgreen-jan09,0,6836560.story

asherr60

at 02:19 on January 10th, 2009

This is a photo of the long unemployment lines during the Great Depression. It is predicted the by years end it may be as much as 9 percent. Fasten your seat belts!

asherr60 has contributed a photo to this story.

BioMaxPhotos

at 02:44 on January 10th, 2009

Unemployed people in Spain queueing early in the morning to register and apply for government subsidies.

BioMaxPhotos has contributed a photo to this story.

ekan

at 11:27 on January 10th, 2009

For tech layoffs, TechCrunch has an excellent layoff tracker here.

jack anonymous (not verified)

at 12:57 on January 17th, 2009

eBay 1500 jobs cut Dec 2008

Nik W (not verified)

at 08:03 on January 20th, 2009

EMC : 2400 layoffs in Q1 2009

http://layoffblog.com/2009/01/07/emc-will-reduce-work-force-by-7-percent/

jskdfjkskldjg (not verified)

at 23:34 on January 22nd, 2009

Williams Sonoma - 1400 people laid off this week - 100%

Ballz (not verified)

at 11:13 on January 23rd, 2009

Cooper Industries 1000 laid off in 2008. More to be announced on Jan 27th 2009

spotter (not verified)

at 16:18 on January 23rd, 2009

The Principal Financial Group has also had layoffs.

jackbauer (not verified)

at 22:21 on January 25th, 2009

I thought Circuit City will layoff all of their employees, which is 34,000 (according to their website right)?

dhaivat k adhyaru (not verified)

at 08:06 on January 26th, 2009

Caterpillar 20,000 layoffs

Home depot 7,000 layoffs

jhaerwie (not verified)

at 11:27 on January 30th, 2009

I did not know there were 7,000 employees at Home Depot, because everytime I'm there it'salways hard to find a guy in home depot apron.

Willy Wonka (not verified)

at 10:05 on January 26th, 2009

Waaah, waaah, waaah. By focusing on the negatives and blaming "big bad corporations" for America's woes, you're supporting the excuse-makers who would rather collect unemployment and bitch about how unfair life is, rather than retool, be creative, and start a business or be valuable in a different company or position..

I'm in high tech and am currently underemployed working about 25-30 hours a week at a different job until the project I was on gets funded and I can get back to work on it. It never once occurred to me to "blame" the company that didn't have enough work to keep me productively busy. I'd rather keep busy where I'm needed and appreciated than be kept busy just to fill a desk and keep a paycheck coming.

Ed Johnson (not verified)

at 18:47 on February 14th, 2009

"I agree with you!! Americans have unfortunately de-evolved into an Entitlement Society and Mindset. Former Senator Phil Graham (R-TX) was correct in saying we have largely become a "Nation of Whiners." What a far cry from the "Greatest Generation" of those Great Americans who fought in WWll, and won it by sheer guts and determination, and a strong belief in God, and a strong sense of pride in America and the American Flag...The Symbol of what was then the strongest Nation on Earth. And we still are, but we're slipping fast. Read Donald Trump's and Robert Kiyosaki's recent book: "Why We Want You You To Be Rich." I would like to see the United States return to the days when integrity flowed from the top, and a man's word was his bond... To return to a Nation where God is welcomed, and is sought in both good times and bad...To return to a nation where we freely pray in the schools, pray in the Capitol, and pray together as an undivided nation...To a nation where an unborn infant in the safety and protection of it's mother's womb is regarded as an unborn infant, and a physician or anyone who murders an unborn infant is guilty of a heinous willful murder, as it was in the 60's, and as it is in the eyes of God. Man cannot create laws that allow murder. "Thou Shall Not Kill," is one of God's Ten Commandments, and no man, no Congress, and no Judge can ever change it. Those who kill God's little innocents, and those who allow it shall be held accountable. Vengeance is mine sayeth the Lord; I will repay." God has given us all talents and abilities, which we can and should use in creating our own fortunes and futures, and not the fortunes and futures of others who own large companies. With unemployment now (Feb 2009) at 7.6% (the highest since 1945), Americans are largely ignorant of, and even scorn and laugh at those who are industrious enough to find a good Home Based Business (HBB) and build an escalating residual income that we can will to our spouses and children. The recent book "The Next Millionaires" by the renowned Economist and former Presidential Advisor, Paul Zane Pilzer, tells us all how we can do that. Although I have been a licensed Texas lawyer since 1971, I no longer need to practice law, because I have a home based business that pays me more than I did when I practiced law. And I have no employees, no overhead, no liability, no stress, and no paperwork. My law firm was the 18th largest in San Antonio, Texas in the 90's, when I served as the President and CEO, and Senior Managing Shareholder, and we owned out own 10,000 s.f. law building. And yet I now make more income, am far happier, far less stressed, and am helping thousands of people to enrich their lives. Selah. Those are my comments." Ed Johnson, J.D., Attorney San Antonio, Texas

Professor Pat (not verified)

at 09:06 on May 21st, 2009

well aren't you just sooooooo special "willy wanker." Screw you and your Limbaugh social Darwinism..

dvs (not verified)

at 08:50 on January 27th, 2009

Texas Instruments to cut 3,400 jobs as earnings decline

doomed world (not verified)

at 19:21 on January 27th, 2009

there's a bigger shadow behind all these. this was planned. everything was siphoned. and then all were gone...

cx9 (not verified)

at 12:25 on January 28th, 2009

boeing 10,000 jobs

dvs (not verified)

at 07:04 on January 29th, 2009

Starbucks posts decline in profit, revenue; will cut nearly 7,000 jobs

dvs (not verified)

at 07:06 on January 29th, 2009

Kodak posts 4Q loss, plans up to 4,500 job cuts

dvs2 (not verified)

at 07:08 on January 29th, 2009

Kodak posts 4Q loss, plans up to 4,500 job cuts

casiana (not verified)

at 02:08 on January 30th, 2009

very good information for general community and economic students

dvs-one

at 06:59 on January 30th, 2009

Job Reaper Hits AstraZenecaThis morning brings word that AstraZeneca will cut another 7,400 jobs worldwide by 2013. Combined with the company’s existing restructuring program, the company predicts a total of 15,000 jobs will be gone by that year

user00121 (not verified)

at 07:46 on February 2nd, 2009

GlaxoSmithKline set to slash 6,000 jobs:

user2 (not verified)

at 11:41 on February 2nd, 2009

Macy's cuts 7,000 jobs

Ryan_001a (not verified)

at 15:20 on February 2nd, 2009

Rockwell Automation, 600 as of Nov 2008

http://www.tradingmarkets.com/.site/news/Stock%20News/1912703/

Fred Miller

at 09:18 on February 4th, 2009

Panasonicwill lay off 15,000 workers, close 27 plants

RedLight (not verified)

at 02:51 on February 5th, 2009

Seagate cuts 10% of US workforce.

http://www.businessweek.com/ap/financialnews/D95LS2HG1.htm

LORALEE (not verified)

at 13:52 on February 9th, 2009

PERRIN MANUFATURING PLANT, ALLIANCE NEBRASKA LAID OFF 19 FULL TIME EMPLOYEES, THEY EVEN GOT STATE AND LOCAL HELP. IN THE SUM OF $600000.00 AUGUST 21 2008. AND STILL CAN'T KEEP PEOPLE WORKING.