German manufacturers warn of the sector's 'formidable crash'    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Inside a scam looting millions from Indians 'You are under digital arrest'    Hezbollah media chief killed in Israeli strike in Beirut    Slovakians rally against populism on anniversary of fall of Communist system    Zelensky's response muted after Biden OKs long-range missile use    Trump taps fossil fuel executive Chris Wright as energy secretary    Macron hosts Saudi business leaders to strengthen investments    King Salman to host 1,000 Umrah pilgrims from 66 countries    Foreign Minister leads Saudi delegation at G20 summit in Brazil    Alfanar Projects signs SR20 billion strategic contracts to drive energy sector transformation in Saudi Arabia    Huge draw at Riyadh Season with 6 million visitors in 5 weeks    Anthony Hopkins to debut exclusive musical performance at Riyadh Season    Saudi Arabia awarded hosting rights for the 6th UN World Data Forum 2026    Saudi national football team begins training in Jakarta ahead of Indonesia match    Jake Paul defeats Mike Tyson in lackluster showdown at Dallas Cowboys' home    Mike Tyson slaps Jake Paul during final face-off    South Africa's Mia le Roux pulls out of Miss Universe pageant    Riyadh lights up as Celine Dion and Jennifer Lopez dazzle at Elie Saab's 45th-anniversary celebration    Australia and Saudi Arabia settle for goalless draw in AFC Asian Qualifiers    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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Flurry of pink slips
Published in The Saudi Gazette on 27 - 01 - 2009


financial sectors
Following are details of some of the major job cuts in excess of 2,000 announced by companies in non-financial sectors since the beginning of September up to Monday:
EUROPE
COMPANY SECTOR NUMBERS DATE
Renault Auto 6,000 Sept 09
Stora Enso Paper 3,150 Sept 10
Alitalia Airlines 3,000 Sept 15
Akzo Nobel Manufacturing 3,500 Sept 29
Daimler AG Auto 2,300 Oct 14
Volvo Auto/Equipment 5,960 Sept-Jan
ChTPZ Group Steel pipes 4,900 Nov 07
British Telecom Telecoms 10,000 Nov 13
Spansion Inc Semiconductor 4,000 NOV 18
Wolseley Plumbing/Heating 7,300 Nov 18
PSA Peugeot-Citroen Auto 3,550 Nov 20
Rolls-Royce Engine maker 1,500-2,000 Nov 20
Sandvik Tool maker 2,400 Nov 20
Skanska Construction 3,400 Nov 25
ArcelorMittal Steel 9,000 Nov 27
Telecom Italia Telecoms 9,000 Dec 3
SKF Bearings 2,500 Dec 10
Rio Tinto Mining 14,000 Dec 10
Stanley Works Tools 2,000 Dec 11
Electrolux Home Appliance 3,000 Dec 15
Laird Plc Electronics 5,000 Dec 16
Elcoteq Electronics 5,000 Jan 15
Metro AG Retail 15,000 Jan 20
Philips Electronics Electronics 6,000 Jan 26
Corus Steel 3,500 Jan 26
NORTH AMERICA
Hewlett-Packard IT 24,600 Sept 15
Federal Mogul Auto, Engg. 4,000 Sept 17
Micron Technology IT 2,800 Oct 09
Merck & Co Pharma 6,800 Oct 22
XEROX CORP Technology 3,000 Oct 23
Chrysler LLC Auto 6,000 Oct 24
Whirlpool Corp Consumer 5,000 Oct 28
Gannett Co Inc Media 3,200 Oct 28
YRC Worldwide Inc. Transport 3,750 Oct 29
Motorola Mobile phones 7,000 Oct/Jan
Ford Motor Co Auto 2,260 Nov 07
DHL Express BV Transport 9,500 Nov 10
Sun Microsystems IT Up to 6,000 Nov 14
Pepsi Bottling Group Inc Soft drink 3,150 Nov 18
AT&T Inc Telecom 12,000 Dec 4
DuPont Chemical 2,500 Dec 4
Avis Budget Group Inc. Car Rental 2,200 Dec 4
Dow Chemical Co Chemical 5,000 Dec 8
Wyndham Worldwide Corp Hotel 4,000 Dec 8
3M Co Manufacturer 2,300 Dec 8
Office Depot Inc Retail 2,200 Dec 10
BorgWarner Inc Auto 3,000 Dec 11
Ryder System Inc Truck Leasing 3,100 Dec 17
Textron Inc Airlines 2,200 Dec 22
Alcoa Inc Aluminum prod 15,000 Jan 6
EMC Corp IT 2,400 Jan 7
Dell IT 1,900-3000 Jan 8
Boeing Co Airlines 4,500 Jan 9
Cessna Aircraft Airlines 2,000 Jan 12
MeadWestvaco Corp Packaging 2,000 Jan 15
Hertz Global Hldgs Inc Car rental 4,000 Jan 16
Eaton Corp Manufacturer 5,200 Jan 20
Intel Corp IT 6,000 Jan 21
Microsoft Corp IT 5,000 Jan 22
Caterpillar Construction 20,000 Jan 26
Spring Nextel Wireless provider 8,000 Jan 26
ASIA-PACIFIC
Nissan Auto 2,500 Oct 13
Sony Corp Electronics 16,000 Dec 9
TDK Corp Electronics 8,000 Jan 8
Lenovo Group IT 2,500 Jan 8
BHP Billiton Ltd/Plc Mining 6,000 Jan 21
AFRICA
Lonmin Mining 5,500 Nov/Dec
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TOTAL 392,120
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– Compiled by Reuters from its Bangalore and London Editorial Reference Units __


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