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Screwed: 2,300 at UTStarcom
A daily review of the employment fallout across the country and the world.
Today’s partial total: 7,587
UTStarcom is cutting 2,300 positions globally, over half of its employees, by the end of the fiscal year…American Airlines is set to slash 1,600 jobs…the City of Chicago is laying off 1,500 workers, 400 more than expected…Textron’s Cessna plans to cut 1,300 jobs, leaving the company with about half of its workforce…General Motors is laying off 887 workers in Wentzville and closing 38 dealers in Missouri, 66 dealers in Ilinois, and 15 dealers in Colorado…the charitable organization United Way is set to slash 10% of their workforce…Talbots is cutting 20% of its corporate positions.
Are you among the Screwed? Check out Recessionwire’s Laid Off 101. Read more about layoffs at the sites compiled on our layoff tracker page.
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