ABC to Lay Off 300

A Recessionwire reader sends this tip about a looming mass layoff at ABC:

High level sources at ABC News say that large staff cuts are pending, with the announcements coming as early as Wednesday. One ABC network anchor said that 300-400 permanent staffers will be let go. The cuts will come from staff positions at all of the networks news shows, including This Week with Diane Sawyer, Good Morning America, Nightline and 20/20. It’s also expected that some executive producers will get the axe along with the network’s entire special events department…

Screwed: 600 at Continental Airlines

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

Today’s Total: 1, 277

Continental Airlines is eliminating 600 reservation agents by April 11 since online flight-booking has surpassed call-in reservations…In Houston, TX, Innovative Consultants LLC are cutting 287 jobs this month…Last week, Monster Worldwide Inc. began laying off 200 employees out of their 5,600 global workforce…In Illinois, Bunge North America will cut production of a soybean production line by April 23, and laying off 100 employees in the process…Meanwhile, Goodrich Crop is cutting 60 workers at a manufacturing plant in Virginia…In North Carolina, Invista will be eliminating 30 jobs in the next 60 days as it shuts down a production line.

Screwed: 1,020 at Boeing

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

Today’s Total: 1,196

Boeing gave 60-day layoff notices to 1,020 workers in Washington, California, and St. Louis, Missouri last Friday as part of a larger plan to cut 10,000 jobs…In Nevada, Anheuser-Busch InBev cut 90 jobs last week and plans on cutting another 350 in the next few months…In Williston, VT, Triosyn laid off 35 employees and attributed the decision to a low demand of their anti-bacterial product caused by the marked end of the swine flu pandemic…In California, the city of Corona eliminated 31 government workers and a few city buildings…After having cut more than a quarter of their workforce, Viking Range Corp in Mississippi laid off another 20 employees.

Screwed: Up to 4,000 in L.A.

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

Today’s Total: 4,527

Municipal layoffs in L.A. may run as high as 4,000 workers as the city council tries to resolve the budget deficit… Florida A&M University faces the possibility of up to 247 staff layoffs… HealthMarkets insurance company in North Richland Hills i terminating 130 positions… 80 police officers and firefighters face unemployment in Flint, Michigan… In another round of layoffs, Fork Township, PA pipe fitting manufacturer, Victaulic, is laying off up to 40 workers… In New Jersey’s Union Township 30 police officers face layoffs effective March 29 unless they agree to cheaper health plans…

Screwed: 3,100 in Texas

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

Today’s Total: 5,976

Texas legislature proposed a cost-cutting plan to close privately-run prisons, cutback in treatment and rehabilitation programs, and eliminate 3,100 state correction employees…Yesterday, Humana Inc. announced its plan to layoff 2,500 employees, 5 percent of its total workforce, by the end of this year…Cal State East Bay is considering a job-cut of 140 non-teaching staff…In California, Pajaro Valley Unified School District approved a plan to layoff 130 employees in MarchIn Pennsylvania, Moses Taylor Hospital gave pink slips to 61 workers in their first round of layoffs in 17 years…In Florida, Tampa City Hall plans on laying off 30 finance employees in the city’s budget office by next week…In Philadelphia, Kimmel Center Inc. plans on cutting 15 jobs as part of a restructured budget plan.

Screwed: 400 in Montgomery, Alabama

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

Today’s total: 781

In the Montgomery Alabama School District, 400 jobs may be cut due to decreased funding from the state for the next fiscal year…Yesterday, New York’s St. Vincent’s Hospital laid off 300 workers in order to prevent closure…In Tulsa, Oral Roberts University announced a “rightsizing” plan to lay off 50 non-faculty positions across several departments…In another round of school budget cuts, Stafford County announced plans to eliminate 31 employees by April 1…Throughout the Jackson Health System, hospitals prepare to announce widespread layoffs today, though the numbers are still uncertain…

Screwed: 500 in Jordan School District

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

Today’s Total: 1,141

Utah’s Jordan School District will lay off 500 teachers and staff as well as increase class size to compensate for the decline in budget… Sacramento Transit is expected to announce a specific number of layoffs today, though 300 workers are said to be unemployed by the summer… New York’s Empire Aero Center is planning 203 layoffs by this coming May… Vestas Americas, the sales division of the Danish wind-turbine maker Vestas Wind Systems, is terminating 114 U.S. jobs…

Screwed: 350 at Textron

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

Today’s Total: 572

In Providence, Textron Inc. plans to eliminate 350 jobs this year, shrinking their workforce by 24% since December…The Syracuse School District scaled down from a proposed cut of 400 jobs to 150 jobs for next year, and budget disputes are set for May this year…Yesterday, Dartmouth College announced layoffs of 38 non-teaching employees effective this Tuesday and then another batch in April…In Austin, Coca-Cola Enterprises Inc. cut 34 jobs from its Burnett Road plant.

Recession Briefing: Less Spending on Love

What you need to know today to survive and thrive in the recession.

Two-thirds of Americans (67%) say they plan to spend less than $50 on Valentine’s Day this year, a new survey of adult Americans finds. One-quarter of Americans (25%) say they plan to spend nothing. (Zogby International)

New data shows that poor people face a much higher rate of unemployment than people with higher incomes. “A true labor market depression faced those in the bottom two deciles of the income distribution, a deep labor market recession prevailed among those in the middle of the distribution, and close to a full employment environment prevailed at the top. There was no labor market recession for America’s affluent.” (Time/Curious Capitalist)

The White House expects nonfarm-payroll employment to increase by an average of 95,000 jobs a month this year, suggesting the U.S. labor market will continue to heal slowly as the economy emerges from its two-year slump. (Wall Street Journal)…

Screwed: 750 at Bank of Scotland Ireland

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

Today’s Total: 2,262

The Bank of Scotland Ireland, owned by Lloyds Banking Group, is terminating 750 positions, effective completely by this coming July… SAS Scandinavian Airlines is planning to cut 650 full time jobs as part of a cost reduction plan… The Somerdale Cadbury plant at Keynsham is terminating 400 jobs between March and July, even though Kraft had assured workers that they would keep their jobs… Nokia is laying off up 285 workers from its Salo plant…