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Screwed: 3,600 at Swedbank

By Jessica Sirkin ⋅ 9:42 am July 20, 2009 ⋅ Post a comment

screws4A daily review of the employment fallout around the country and the world.

Today’s partial total: 9,238

Swedbank is planning to cut 3,600 employees in the Baltic and Ukraine in a move to lower headcount by the end of 2010… British Telecom is cutting 2,750 workers at call centers in India and moving the jobs back home to England… Harley Davidson will lay off 1,000 workers. …  Cisco will lay off 600 workers. …  Citigroup is laying off 500 employees and outsourcing to First Data, which will then add 400 to 500 jobs… British Council plans to let go 400 to 500 employees, roughly one third of its UK workforce… Eaton Electrical Group plans to lay off 127 workers… Bausch & Lomb plans to cut 120 jobs at its Waterford manufacturing plant… Sony Online Entertainment is laying off 41 employees, about 5% of it total workforce… Union Tank Car plans to layoff 22 workers.

Are you one of 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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Print This PostTags: economy, employers, layoffs, The Unemployed Life

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