Picture This: Kodak cuts up to 4,500 jobs
Your online payday loan store gives daily updates about the biggest companies making the biggest layoffs.
Eastman Kodak announced it will cut between 3,500 and 4,500 jobs, up to 18 percent if its workforce. The company lost $137 million in the fourth quarter of 2008.
Overall revenue fell 24 percent because of drops in sales on both digital and film-based photography products. Film-based revenue fell 27 percent. Digital sales did only slightly better, falling 23 percent.
Cessna layoffs head for the sky
Check out yesterday’s article on layoffs from your online payday loan store.
Well, it appears that people aren’t buying as many planes as they used to. Cessna, which manufactures flight training aircraft, business jets and personal planes, plans to reduce its workforce by 4,600 jobs.
Cessna previously announced that it would cut 2,600 jobs. After the company completed more financial review, the number jumped to 4,600. Cessna plans to complete the cuts by the end of March. The company will shut down a Toledo, Ohio, service facility.
Drug industry takes a hit
David Brennan
The second- biggest drug maker in the United Kingdom, AstraZeneca, announced that it will have 15,000 fewer workers by 2013. Last year the company announced it would cut 9,000 jobs. This year, after seeing no sales growth, AstraZeneca will cut an additional 6,000 jobs by 2013. Through job cuts and other budget alterations, the company aims to cut costs by $2.5 billion.
Despite its stagnant state, AstraZeneca’s Chief Executive Officer David Brennan says the company will not see a huge merger like the one between Pfizer and Wyeth. Brennan’s strategy, besides cutting jobs, relies on small purchases and licensing deals.
“We don’t need a big merger or significant acquisition to cut costs and realize efficiencies,” Brennan said.
For a full list of companies that announced jobs cuts today, go to layoffdaily.com. Check back tomorrow for another update with details on the biggest job cuts from your online payday loan store.
With the way the economy is going, you can’t really make accurate estimations. Some businesses say they will only be laying off this amount of workers when in actuality it’s double, if not triple that amount. It’s definitely a critical time in the American nation where uncertainty controls almost every face of the nation.
Wow. No one is truly immune from having to lay off workers – New York State is laying off teachers. Normally, it is never a good idea to despair or anything else, but it almost seems like the right time to do so.
Hi, i am kimbailey.
Some businesses say they will only be laying off this amount of workers when in actuality it’s double, if not triple that amount.
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kimbailey
full time part time jobs
Check out http://www.dailyjobcuts.com there are so many job losses that dont make national headlines!!!
Its worse then you think.