Todays new entries include a whopping 4000 cuts from Agilent, 584 cuts from Ethan Allen, and I've filled in some gaps in my previous report to include cuts from Cigna, Ameritrade, Cagle, and Cirrus.
Major Layoffs so far in 2003 (American companies with layoffs of 100 employees or more):
Feb.21 *** Agilent Tech.******* 4,000 *** 11% Feb.20 *** Ethan Allen ********** 584 **** 8% Feb.20 *** Raytheon ************* 300 **** 3% Feb.20 *** Williams Companies * 4,000 *** 40% Feb.20 *** National Semiconductor 500 **** 5% Feb.18 *** Micron ************* 1,800 *** 10% Feb.18 *** Reuters ************ 3,000 *** 19% Feb.18 *** Waste Management ***** 700 **** ? Feb.14 *** Boeing ************* 1,100 **** Less than 1% Feb.12 *** Cirrus Logic ********* 124 *** 12% Feb.11 *** Ameritrade *********** 300 *** 15% Feb.11 *** Cagle Inc.************ 550 *** 14% Feb. 7 *** Cigna ************** 3,250 **** 8% Feb. 5 *** Circuit City ******* 2,000 **** 5% Feb. 4 *** Bank of America **** 1,000 **** 1% Feb. 3 *** WorldCom *********** 5,000 **** 8% Jan.30 *** Toys "R" US ********** 700 **** 1% Jan.30 *** Coca-Cola ********** 1,000 **** 3% Jan.30 *** Dow Chemical ******* 4,000 **** 8% Jan.30 *** Applied Materials **** 165 **** Less than 1% Jan.29 *** Bank One ************* 700 **** Less than 1% Jan.22 *** Eastman Kodak ****** 2,900 **** 4% Jan.18 *** General Motors ******* 500 **** Less than 1% Jan.16 *** FleetBoston Fin. *** 1,900 **** 4% Jan.15 *** Level 3 Comm. ******** 150 **** 3% Jan.15 *** Best Buy ************* 700 **** Less than 1% Jan.14 *** M&T Bank *********** 1,100 **** 8% Jan.14 *** Kmart ************* 25,000 **** Less than 1% Jan.13 *** J.C. Penney ******** 2,000 **** Less than 1% Jan.10 *** AMR ****************** 800 **** 4% Jan. 8 *** Alcoa ************** 8,000 **** 6% Jan. 7 *** Cigna ************** 3,250 **** 7% Jan. 6 *** AT&T *************** 3,500 **** 5%
TOTAL 84,573