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Screwed: 4,000 at American Express

A daily review of the employment fallout around the country and the world.

American Express plans to lay off 4,000 employees, in the U.S. and abroad… International Automotive Components has furloughed 133 employees, 110 of which will be permanent layoffs… Stutter Health plans to cut 121 IT positions effective July 17… William Morris Agency (WMA) has begun to cut 100 pisitions… Bendix Commercial Vehicle Systems has laid off 100 employees in locations across the country.

Read more about layoffs at the sites compiled on our layoff tracker page.

More bad news for bankers and attorneys. The most recent layoff rumors and reports are at Sovereign Bancorp (NYSE:SOV), BlackRock Inc. and Fish & Richardson PC.

• Sovereign laid off 9% of its workforce, according to the Providence Business Journal.
• Fish & Richardson, a Boston-based intellectual property law firm, laid off 35 lawyers and 85 support staff, according to The AM Law Daily.
• BlackRock is apparently doing a round of layoffs this summer, according to Dealbreaker.

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)

Tags: business, layoffs, Screwed, The Working World