Job Cuts-- many, many announcements

[TexasLawyer]

Lots of manufacturing jobs going bye bye.


GM chief executive expects more job cuts
From Reuters
January 6, 2007

DETROIT —General Motors Corp. will cut more jobs this year as it closes plants and tries to wrench concessions from its major union in a crucial round of contract negotiations, Chief Executive Rick Wagoner said Friday.

Wagoner also said GM would not concede its ranking as the world's No. 1 automaker to Toyota Motor Corp. this year without a "fight for every sale."

GM, which lost $10.6 billion in 2005, cut more than 34,000 jobs last year and unveiled plans to close 12 plants and reduce recurring costs by $9 billion. Wagoner said more limited job cuts were possible in 2007.

"I don't rule out continued steps," Wagoner said when asked at a news conference about further job cuts this year. "I think it'll be a lot more through attrition than buyouts, but I wouldn't rule it out." GM will be looking for more concessions as it holds labor talks with the United Auto Workers union this year, aimed at clinching a new four-year contract.

<snip>
http://www.latimes.com/business/la-fi-gm6jan06,1,1648596.story?coll=la-headlines-business
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Possible Job Cuts At Cooper Tire Plant

Workers at the Cooper Tire and Rubber plant in Texarkana are expecting to see changes that will whittle as many as 500 jobs from the plant this year.

Workers at the plant went on strike in 2005. The company announced in 2006 that it would convert the factory to a "flex plant" -- which will shift production levels to meet demand.

About 1,900 people work at the plant. Cooper Tire says it will make the conversion in the second quarter of this year.

http://www.bradenton.com/mld/bradenton/news/nation/16397702.htm
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Layoffs At Wilson Plant Coming
Friday, January 5, 2007 03:24 PM - WBEN Newsroom

Wilson, NY (WBEN) - T. Marzetti, the parent company of Pfeiffer Foods in Wilson, says the company will undergo layoffs later this year.

The exact number and date are unknown, but up to 56 jobs could be eliminated. The company says a change in operations is affecting the layoffs. The company says production will be moved from the Wilson plant to other company plants nationwide.

http://www.wben.com/news/fullstory.php?newsid=06580
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Tweeter says sales slipped, plans job cuts
Boston Business Journal - 10:35 AM EST Friday

Tweeter Home Entertainment Group Inc. shares fell 4 percent in early trading Friday morning, after the company announced lower sales and job cuts.

The Canton, Mass., home electronics retailer said late Thursday that revenue fell 12 percent to $235 million in the fiscal quarter ended Dec. 31, while same-store sales slipped 10 percent. Tweeter (Nasdaq: TWTR) had 154 stores at the end of the year, three fewer than it did a year ago.

In addition, Tweeter said it cut 20 percent of its overhead positions, which will result in annual savings of $6 million a year.

<snip>

http://www.bizjournals.com/boston/stories/2007/01/01/daily39.html
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Housing Slump Means Layoffs in Huntington
Jan 5, 2007 10:05 AM

HUNTINGTON, Ind. (AP) More than 100 workers have been laid off from a northern Indiana plant that makes electronic components for heating and cooling control units. United Technologies Electronic Controls cut the jobs of 112 hourly workers earlier this week.

A company spokeswoman says the cuts were necessary because of slumping sales in the new housing market. She says the workers will be recalled as sales increase. Officials say 87 of the laid-off workers volunteered. The union says it's the largest layoff ever of union workers at the plant. Before the layoff, the plant employed 750 people, including about 640 hourly workers.

http://www.wane.com/Global/story.asp?S=5896404&nav=0RYb
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EMC increases planned job cuts to 1,350 from 1,250
Fri Jan 5, 2007 4:48pm

SAN FRANCISCO, Jan 5 (Reuters) - EMC Corp. (EMC.N: Quote, Profile , Research), the world's biggest data storage maker, said on Friday it plans to cut 1,350 jobs, 100 more than the company announced in October, and will post a pretax charge of $175 million.

EMC said it expects the employees to leave by the end of 2007. The company also sees about $30 million of write-offs of assets from which it no longer expects to derive any benefits.

EMC in October had announced a realignment that would result in the departure of about 1,250 employees and a fourth-quarter pretax charge of $150 million to $175 million, or 6 cents per share.

http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2007-01-05T214804Z_01_WEN1875_RTRIDST_0_EMC-LAYOFFS-URGENT.XML
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Blount company laying off 180
Ceramaspeed to cut jobs in April or May as part of downsizing, manager says

By ROGER HARRIS, [e-mail]
January 6, 2007

Control systems manufacturer Ceramaspeed Inc. is laying off 60 percent of its Blount County work force.

The company announced Friday that 180 employees will lose their positions in the spring, leaving 120 jobs at its North American headquarters in Maryville.

<snip>

The job cuts are part of an ongoing downsizing of the company's Blount County operations and transfer of production to a Ceramaspeed plant in Monterrey, Mexico. Some "manual operations" have already been shifted to Mexico, and "automated production" operations will be moved to the Monterrey facility later this year.

<snip>
http://www.knoxnews.com/kns/business/article/0,1406,KNS_376_5260330,00.html
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Whirlpool Continues Job Cuts, This Time in TN
By Lance Turner
1/5/2007 10:05:01 AM

Whirlpool Corp. of Benton Harbor, Mich., which operates a manufacturing plant in Fort Smith, said Friday that it would eliminate 370 jobs in Cleveland, Tenn., as it moves production to other plants, including one in Mexico.

It's a story familiar to workers at the appliance maker's plant in Fort Smith, where the company has cut more than 1,600 jobs as it moved production south of the border. Whirlpool, which bought out Maytag Corp., also shuttered the Maytag plant at Searcy last year, leaving another 730 workers jobless.

<snip>
http://www.arkansasbusiness.com/article.aspx?aID=96641.53038.108782
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KraftMaid layoffs

Tribune staff, wire reports
Published January 6, 2007

KraftMaid Cabinetry Inc. has laid off several hundred workers at four locations in Ohio and Pennsylvania because of a slump in the housing market. Kathleen Volks, a spokeswoman for parent Masco Corp. in Taylor, Mich., was unable to confirm the number, but said she wouldn't dispute the figure of 400 mentioned by employees affected by the announcement.

http://www.chicagotribune.com/business/chi-0701060144jan06,0,5374809.story?coll=chi-business-hed
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News Alert: White Rogers announces layoffs
News | Published on Friday January 5, 2007

White-Rodgers in Batesville is reducing its workforce by about half, the company told the Guard Friday afternoon.

Dave Baldridge, spokesman for White-Rodgers, said about 80 employees were laid off just before Christmas and 150 more will be laid off.

The plant will continue to operate with remaining 260 employees.

Baldridge said that due to increasing competitive pressures, the downturn in the housing market and the general market conditions in the heating, ventilating, air conditioning and appliance controls industries, White-Rogers plans to transfer several product lines from its Batesville facility to other White-Rodgers manufacturing facilities in Mexico.

“This is purely an economic decision and is by no means a reflection on the performance of the Batesville plant, the management or any of the employees,” Baldridge said. “The plant will continue manufacturing operations in Batesville for its remaining product lines to serve our customers. These changes are expected to be finalized by mid-2007.”

<snip>
http://www.guardonline.com/?module=displaystory&story_id=37835&format=html
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Flint near the top in job losses
Detroit lost the most jobs in the past year
WJRT By Cathy Shafran

FLINT (WJRT) - (01/05/07)-- The city of Flint once again finds itself near the top of the job loss list. The latest numbers were just released by the U.S. Labor Department and show Flint is number three for job losses in the country.

The Labor Department reviewed 367 metro areas. In the majority are around 300 areas which reported some type of increase in the number of jobs. A handful, six, had unchanged jobs figures.

Sixty of the 367 areas reported a decrease in the number of jobs in their community.

From this list of job losers, Detroit was by far the biggest loser - down some 26,000 jobs between November 2005 and November 2006. The St. Louis Area was second, down 3,300 jobs.

http://abclocal.go.com/wjrt/story?section=local&id=4909447
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WHA head expects job cuts without federal funds—
WILMINGTON, Del. (AP) -

Wilmington Housing Authority officials say the loss of 800-thousand dollars in federal funds will mean cuts to services and programs.

W-H-A head Fred Purnell says layoffs will occur if President Bush and Congress don't reinstate the funds. The authority has 125 employees and had proposed hiring licensed security guards for the authority's facilities. But with the cuts, Purnell says that program has no funds to operate.

He says administrators would be the first to be laid off -- and the last would be housing managers who directly provide services to tenants.

http://www.wmdt.com/wires/displaystory.asp?id=57319012
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[Hubert Flottz]

1. I thought Bush said the economy was "Great?"

Would the pResident lie about that?

[eallen]

3. Jobs are cut in good times and bad. In bad times, there aren't as many others created.

Remember during the 90s, jobs were disappearing so fast in some sectors that there were frequent magazine articles about how to jump to the "new" economy. The economy was doing quite well. Job growth -- which is the difference between jobs created and jobs destroyed -- was good.

I'm not saying things are as good now. What I am saying is that one has to look at both sets of statistics to know how things are. Job destruction is a normal part of a healthy economy. As is business destruction. Neither are signs of something going wrong. The issue is whether job and business creation is outpacing their destruction, or the other way around.

:hippie:

[TexasLawyer]

5. agreed

I just hate to see decent manufacturing jobs going to Mexico, and then those jobs getting replaced with low wage service work.

[Hubert Flottz]

16. Yeah...ever since Reagan America has traded away jobs and

American's good paying production jobs have been replaced by jobs at Wal-Mart and Burger King. America can't even make it's own flags anymore, so how can we still protect our borders in a REAL war? We have offshored our national security. We are no longer the industrial Giant that won WW I and WW II. Now China even owns half of our country if they decide to call in their markers. Bush and the Globalists before him have ruined this country. The "thousand points of light" are from the oncoming train wrecks, right around the bend! "The New World Odor" is from the petro-fascist shit-storm, that is about to extinguish freedom's light in America, forever.

America has been systematically SOLD OUT, by the haves and have mores, who's sons have never invested a drop of blood in defense of America, in a time of rich man's wars. They've always "had better things to do"...LIKE ROB YOU AND ME of our country!

[partylessinOhio]

2. I just wonder how many of these job holders drank the Koolaid and

voted for BushX2? Tax cuts are worthless when you don't have a job.

[judaspriestess]

4. unbelievable

this nation continues to get raped by this admin. And all the while the ceo's don't take a cut in their paycheck.

[burythehatchet]

6. More Hummers please.

[unhappycamper]

7. At some point, even the kool-aid drinkers have to notice that the

economy is not doing very well.

[MADem]

9. Yeah, when they can't afford to buy the damned Kool Aid!! NT

[RC]

8. Let me see if I understand this

They lose money because their high profit cars aren't selling. They aren't selling because too many people have to hold down two jobs to pay the rent because the good jobs were shipped over seas. So they lay off 10's of thousands of people to stem the loss. They then sell less of all their cars. So they lay off more people. (Insert 2nd & 3rd verse here.)

In the mean time the CEO's and Board members get bonuses & pay raises for the hard job of keeping the company afloat and paying the stock holders.

Ladies and Gentlemen, I think I see what the problem is... For a measly salary of a $million+stock options and a year or so for the CEO's job, I think I can fix this. What a bargain it will be.
I don't have a business education nor even a college education. So what do I have? Some common sense that is so sadly lacking in upper management.

[WiseButAngrySara]

14. You should make this a separate post it is so right on ....n/t

[eppur_se_muova]

10. Think how much WORSE it would be without Bu**sh**'s tax cuts! (sarcasm)

That's :sarcasm: ... BITTER :sarcasm:

[eridani]

11. Please put this in the Research section

Thanks!

[OhioChick]

12. Thanks for posting this...

I can't get over the job loss lately. I try to put daily articles on LBN, but often find that if I posted everything.....the layoffs would take up half the page.

K&R

:kick:

[WiseButAngrySara]

13. And middle class America is IN DEBT! Big Time... ..n/t

[OneBlueSky]

15. won't be long before the only jobs available to Americans will be . . .

slinging burgers, mopping floors, mowing lawns, and cleaning pools . . . our manufacturing base -- what's left of it -- continues to erode . . . and those companies that remain are mercilessly cutting wages and benefits, knowing full well that people don't have any options . . .

and then there's the matter of tens of thousands of vets returning from Iraq and Afghanistan (we hope) to a country that no longer has any room for them -- no jobs, no healthcare, no education and, in many cases, no homes . . .