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Screwed: 1,450 in Iowa
A daily review of the employment fallout around the country and the world.
Today’s Total: 2,701
The closing of a hog plant in Iowa owned by Smithfield Foods will mean the loss of 1,450 jobs. … Columbus, Ga.-based TSYS plans to lay off 400 workers worldwide. … Some 338 layoffs are rolling out across the San Francisco Municipal Transit Authority, beginning this week. … Sitel will cut 250 workers at its Starkville, Miss., location. … Stanley Furniture Co. in Martinsville, Va., plans to lay off 200 employees. … One-third of its staff, about 50 employees, will be let go from Honolulu department store Shirokiya. … Luzerne County, Penn., will lay off 13 employees. … The Commerical Appeal newspaper in Memphis, Tenn., will cut 9 positions. …
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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And while TSYS prepares to layoff 5% of their headcount (maybe 10% of the US headcount . . .) this is what the top bosses have planned for themselves as a gift:-
http://216.139.227.101/interactive/tss2009proxy/pf/page_039.pdf
Philip W. Tomlinson/$ 9,628,575
James B. Lipham/$ 3,644,207
M. Troy Woods/$ 7,883,336
William A. Pruett/$ 4,120,725
Kenneth L. Tye/$ 4,827,824