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Screwed: Possible 25,000 at Metro AG

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

Today’s Total: 34,033

Metro AG has acquired Arcandor AG’s Karstadt deparment stores, a merger that could result in up to 25,000 layoffs… CFR Marfa, Romania’s state-run freight rail company, is set to give 6,400 employees the axe as part of “restructuring”…  Nokia will slash 2,000 jobs at their Salo factory in Finland… Barclays Bank handed out 150 pink slips to retail and commercial banking workers in India last week… RJE Telecom announced 105 job cuts last week due to “economic” considerations… The Norampac Paper Mill in Ontario, Canada will “temporarily” lay off over 100 people… Big Boys Restaurants International will be laying off 88 employees and closing a ready-to-eat-meals subsidiary after a government recall due to possible listeria contamination… Wells Fargo cut 62 positions from a lending administration center in Roseville, Calif… CMC Joist and Deck of Hope, Ark. plans the layoffs of 60 staffers next month… Cessna let go of 38 workers in Wichita, Kan… East Texas Baptist University laid off 16 full and part-time staff members in order to “maintain fiscal responsibility”… Coca-Cola laid off 14 people from a Lubbock, Texas warehouse.

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.

Tags: economy, employees, employers, layoffs, Screwed, The Unemployed Life