January 21st, 2009
05:33 PM ET

Job Loss Totals....and counting

Program Note: Tune in for Ali Velshi's full report tonight on AC360° at 10pm ET.

Ali Velshi
Chief Business Correspondent

Worldwide layoffs this week is now 28,150 - and it's only Wednesday. Keep in mind ACTUAL jobs losses are always a HUGE multiple of what is announced, so this is pretty serious.

Here's the count:
– Eaton Corporation  5,200 jobs
– Warner Bros. 800
– Rohm and Haas 900
– United Airlines 1,000
– Clear Channel 1,850
– Ericcson 5,000
– BHP 6,000
– Intel up to 6,000
– Williams Sonoma approx. 1,400

Filed under: Ali Velshi • Economy • Unemployment
soundoff (One Response)
  1. Isabel, RJ, Brazil

    In the American company EDS (Electronic Data Systems), in Brazil, RJ, last week were at least 40 layoffs, in the same project. And it is expected more to the middle of the year. The SDS was acquired by HP, but even this merger makes the officials escape unemployment. This is a sign of the globalized world, where the SDS working with offshore (or best shore: term created by the company itself) can not keep so many employees around the world, while their country of origin suffers from the economic crisis and unemployment.

    January 22, 2009 at 9:22 am |