A daily review of the employment fallout around the country and the world.
Ireland’s Eircom announces 1,200 employee and contract staff layoffs… Steel maker ArcelorMittal will lay off 1,000 workers at its plant in northern Indiana. … Seagate Technoloy Inc. plans to lay off 1,100 employees, or 2.5 percent of its workforce… Legal & General is planning upwards of 500 layoffs in the UK… Fort Wayned-based scrap metal processor OmniSource Corp. has laid off 209 workers… MySpace social networking website has laid off up to 45 employees… Day Pitney LLP lets go of 20 associates and counsel…
Read more about layoffs at the sites compiled on our layoff tracker page.

More bad news for bankers Tuesday as layoff announcements and rumors are circulating. The latest reports include Barclays plc (NYSE:BCS), American International Group Inc. (NYSE:AIG), American Express (NYSE:AMEX) and more.
Some banks, however, are saying they done with layoffs. Goldman Sachs Group Inc. (NYSE:GS), for example, will not make any more job cuts, CEO Lloyd Blankfein said at its annual shareholder’s meeting, Clusterstock reported.
For a roundup of all the announced layoffs to date, check out The Deal’s Pink Slips on Wall Street Dealwatch or any of the links below. Also feel free to leave us any layoff or hiring rumors you are hearing. – Maria Woehr
(Follow me on twitter or send me tips: @newsgirlmw)
Discussion
No comments for “Screwed: 1,200 at Eircom”
Post a comment