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Hewlett-Packard to Lay Off 14,500 Employees Hewlett-Packard announced that it would lay off 14,500 workers, or nearly 10percentt of its staff, over the next 18 months as part of a revamping plan that executives hope will turn around its struggling fortunes.
Italy's Alitalia announced that it would lay off 17% of its workforce and ground some planes.
The company has announced that it would lay off 300 of its 3000 employees.
So Fort Worth had a sense of déjà vu when on Sept. 19 AMR announced that it would lay off 20,000 of its 138,000 employees.
Earlier this month, Tesla announced that it would lay off 9percentt of its staff as part of a restructuring effort.
The bank, Germany's fourth largest, announced that it would lay off 450 people in its investment banking division, many of them in Tokyo.
Similar(18)
John Chambers, Cisco's boss, said that the new economy offered "peaks...much higher and valleys much lower", but admitted that he had not foreseen the depth of the current chasm.Dell Computer followed industry trends by announcing that it would lay off 4,000 workers, about 10% of its total, over the next six months.
For Silicon Alley, the week started with Razorfish announcing that it would lay off 400 workers.
Q-Cells of Germany announced last week that it would lay off 500 of its 2,600 employees because of declining sales.
Alcatel, whose main North American site is in Plano, Tex., announced yesterday that it would lay off 2,500 of its workers in this country, or one-sixth of its work force in the United States.
The online delivery service Kozmo.com announced yesterday that it would lay off about 60 employees at its corporate headquarters in Manhattan to cut costs, and it said it would begin doing more business that does not involve the Internet.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com