Cox, though, has avoided layoffs so far.
Layoffs as far away as Hawaii were attributed to the disaster.
This measure follows recent protests in Tokyo by groups representing temporary and short-term contract workers, who have taken the brunt of corporate Japan's layoffs so far.
In fact, layoffs were far worse and lasted much longer in the aftermath of the financial crises that struck, for example, Finland and Sweden in 1991 and Spain in 1977, not to mention the United States during the Great Depression.
The technology sector had the most layoff announcements, with telecommunications, computers, electronics, and e-commerce making up four of the five top industries announcing layoffs so far this year, the report said.
A mixture of temporary work, programs that allow workers to draw on previously worked hours to add to paychecks, and government subsidies have helped limit huge layoffs thus far.
The layoffs extended far beyond the manufacturing sector that had earlier suffered the brunt of the slowdown and into the usually stable service sector that makes up most of the economy.
And that both captains of finance remain unapologetic, unaccountable and still at their banks, which have each lost more than 70percentt of their shareholders' value this year and have collectively announced more than 90,000 layoffs so far.
Economists estimate that the government-subsidized program of short working hours — known as Kurzarbeit — has helped avert roughly 400,000 layoffs so far, with 1.3 million to 1.4 million people in the short-time program, according to government estimates.
