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MMM 3m Co

121.72
-0.36 (-0.29%)
08:29:58 - Realtime Data
Share Name Share Symbol Market Type
3m Co TG:MMM Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.36 -0.29% 121.72 122.26 122.26 122.36 121.72 121.72 226 08:29:58

FIRST-QUARTER LAYOFFS: Selection Of Job Cuts By Major Companies

01/04/2009 8:29pm

Dow Jones News


3m (TG:MMM)
Historical Stock Chart


From Dec 2019 to Dec 2024

Click Here for more 3m Charts.

The following chart is a selection of some first-quarter announcements of job cuts since the beginning of the year. Some numbers are estimates.

 
   Company Name              Date of      Number of      Percent 
                           Announcement    Jobs Cut     Work Force 
 
   3M Co.                  03/31/2009       1,200       1.5% 
   Wal-Mart Stores         03/27/2009   1,750-1,850 -k    N/A 
   Agilent Technologies    03/26/2009       3,300 -o      N/A 
   Hospira Inc.            03/24/2009       1,450         10% 
   Caterpillar             03/17/2009      24,356 -f      N/A 
   Nokia Corp.             03/17/2009       1,700        1.3% 
   Baker Hughes Inc.       03/13/2009       3,000 -n     7.5% 
   Sunoco Inc.             03/13/2009         750          5% 
   PPG Industries          03/12/2009       2,500        5.6% 
   Methode Electronics     03/12/2009         850         25% 
   National Semiconductor  03/11/2009       1,725         26% 
   Continental AG          03/11/2009       1,120          1% 
   United Technologies     03/10/2009      11,600          5% 
   McClatchy Co.           03/09/2009       1,600         15% 
   Marvell Technology      03/05/2009         850         15% 
   General Dynamics        03/05/2009       1,200         N/A 
   Chrysler LLC            03/04/2009       4,200 -m      N/A 
   IMI PLC                 03/04/2009       2,250         15% 
   Monaco Coach Corp.      03/02/2009       2,000         93% 
   HSBC                    03/02/2009       6,100        1.9% 
   GKN                     02/26/2009       2,400         N/A 
   RSA Insurance           02/26/2009       1,200          6% 
   Nortel Networks         02/25/2009       3,200         10% 
   Advantest Corp.         02/25/2009       1,200         25% 
   Lonmin PLC              02/24/2009       5,500         18% 
   Spansion Inc.           02/23/2009       3,000         35% 
   Micron Technology Inc.  02/23/2009       2,000        8.8% 
   Anglo American          02/20/2009      19,000         11% 
   Embraer                 02/19/2009       4,300         20% 
   Avon Products           02/19/2009   2,500-3,000       N/A 
   Goodyear Tire           02/18/2009       5,000          7% 
   Rockwood Holdings       02/18/2009         900          9% 
   General Motors Corp.    02/17/2009      47,000       18.7% 
   Smithfield Foods        02/17/2009       1,800        3.4% 
   Pioneer Corp.           02/12/2009      10,000 -l      16% -l 
   ArcelorMittal           02/11/2009       9,000          3% 
   General Motors          02/10/2009      10,000         14% -g 
   Unisys                  02/10/2009       1,300         N/A 
   UBS                     02/10/2009       2,000        2.6% 
   FedEx Corp.             02/09/2209         900        2.6% -j 
   Anglo Platinum          02/09/2009      10,000         13% 
   Nissan Motor            02/08/2009      20,000          8% 
   International Rectifier 02/05/2009         850         18% 
   Power-One Inc.          02/05/2009       1,000         22% 
   Bombardier              02/05/2009       1,360        4.5% 
   Estee Lauder            02/05/2009       2,000          6% 
   Time Warner Cable       02/04/2009       1,250          3% 
   Harman International    02/04/2009       1,110        9.4% 
   Panasonic               02/04/2009      15,000          5% 
   Electronic Arts Inc.    02/03/2009       1,100         11% 
   PNC Financial Services  02/03/2009       5,800         10% 
   SAS                     02/03/2009       3,000         13% -h 
   Atlas Copco             02/02/2009       3,000          9% 
   Macy's                  02/02/2009       7,000          4% 
   NEC                     01/30/2009      20,000          7% 
   Hitachi                 01/30/2009       7,000          2% 
   American Axle           01/30/2009       3,000         N/A 
   Chartered Semiconductor 01/29/2009         600          8% 
   Charles Schwab Corp.    01/29/2009     500-600       3.7%-4.5% 
   Black & Decker          01/29/2009       1,200          5% 
   Bon-Ton Stores Inc.     01/29/2009       1,150          3% 
   Eastman Kodak           01/29/2009       4,500         18% 
   AstraZeneca             01/29/2009       7,400         11% 
   Ford Motor Credit       01/28/2009       1,200         20% 
   Boeing Co.              01/28/2009      10,000          6% -d 
   Allstate Corp.          01/28/2009       1,000 -e     2.6% 
   Jabil Circuit           01/28/2009       3,000        4.9% 
   AOL                     01/28/2009         700         10% 
   Starbucks               01/28/2009       6,700          4% 
   SAP                     01/28/2009       3,000          6% 
   STMicroelectronics      01/28/2009       4,500          9% 
   Avery Dennison          01/27/2009         N/A         10% 
   Corning                 01/27/2009       3,500         13% 
   Cooper Industries       01/27/2009       2,200          7% 
   Clariant                01/27/2009       1,000          5% 
   IBM                     01/26/2009       2,800        0.7% 
   Texas Instruments       01/26/2009       3,400         12% 
   Home Depot              01/26/2009       7,000          2% 
   Sprint Nextel           01/26/2009       8,000         13% 
   Pfizer                  01/26/2009       8,300         10% 
   ING                     01/26/2009       7,000          5% 
   Philips Electronics     01/26/2009       6,000          5% 
   Corus                   01/26/2009       3,500         10% 
   Harley-Davidson         01/23/2009       1,100         11% 
   Microsoft               01/22/2009       5,000          5% 
   Huntsman                01/22/2009       1,175          9% 
   Intel                   01/21/2009       6,000 -c       7% 
   UAL                     01/21/2009       1,000          2% 
   Eaton                   01/20/2009       5,200          6% 
   Bose                    01/20/2009       1,000         10% 
   Rohm & Haas             01/20/2009         900        5.7% 
   Clear Channel           01/20/2009       1,850          9% 
   ConocoPhillips          01/16/2009       1,300          4% 
   Circuit City            01/16/2009      34,000        100% -a 
   Pfizer                  01/16/2009       3,200 -b       3% 
   AMD                     01/16/2009       1,100          9% 
   Hertz Global Holdings   01/16/2009       4,000         13% 
   Wellpoint               01/16/2009       1,500        3.6% 
   Saks                    01/15/2009       1,100          9% 
   MeadWestvaco            01/15/2009       2,000         10% 
   Autodesk                01/15/2009         750         10% 
   Motorola                01/14/2009       4,000          6% 
   Barclays                01/14/2009       2,100        1.3% 
   Seagate Technology      01/12/2009         800         10% 
   Cessna                  01/12/2009       2,000         N/A 
   Walgreen                01/08/2009       1,000          9% -i 
   Lenovo Group            01/08/2009       2,500         11% 
   EMC                     01/07/2009       2,400          7% 
   Alcoa                   01/06/2009      15,000       14.5% 
   Cigna                   01/05/2009       1,100          4% 
 
   a. Company in liquidation 
   b. Includes announcements of 2,400 cuts on Jan. 16 and 800 layoffs on Jan. 
     13. 
   c. Number of employees affected by plant closures, not all will lose jobs 
   d. Includes Jan. 9 announcement of 4,500 layoffs from commercial-airplane staff 
   e. Reductions to come over the next two years 
   f. Includes 20,000 job cuts announced Jan. 26; 2,110 announced Jan. 30; and 2,246 announced March 17. 
   g. 14% of salaried work force. 
   h. The work force will be reduced by another 5,600 staff as divisions are divested or outsourced. 
   i. The percentage represents cuts made to eligible corporate positions and certain field-management positions 
   j. Percentage of work force reduced at FedEx Freight unit. 
   k. Cuts include corporate headquarters staff reduction announced Feb. 10, Georgia return center staff announced Feb. 13 and 650 layoffs related to Vision Centers closing announced March 27. 
   l. Cutting 6,000 permanent jobs, or 16% of global work force, plus 4,000 temporary jobs. 
   m. Cuts include the 3,000 made Feb. 17 and 1,200 employees put on indefinite layoff at a Canadian plant on 3/4/2009. 
   n. Cuts include 1,500 layoffs announced Jan. 27. 

o. Cuts include 600 layoffs announced Feb. 17.

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