Dow LA will lay off 270 people
The Dow Chemical Company in the United States Louisiana Plaquemine and Hahnville the manufacturing center will lay off 270 employees, while the number of layoffs accounted for 11% of the total number.
PNC Financial will lay off 5800 people
PNC Financial Services Group Inc. (PNC) said Tuesday, with the deepening economic recession in the United States, the company would lay off about 5800 people in the integration process of National City Corp. which recently acquired.
Apparel retailer Liz Claiborne will lay off 725 people in the United States
News on February 4: clothing retailer Liz Claiborne Inc. (LIZ) announced that the company would lay off 725 people to cut the costs, which was equivalent to 8% of the total number of staff in the United States. The company said the layoffs would be carried out at all levels in the company, which would be expected to complete before the end of the first quarter.
Rumor says PCCW will lay off 700 employees, which accounts for 5 percent of the total number
February 4 news, Hong Kong’s largest telecommunications company PCCW will lay off its employees on Feb. 3. According to media reports in Hong Kong, PCCW Employees General Union received the reliable sources that PCCW would lay off 700 employees, which accounted for 5 percent of the total number.
Qimonda closed U.S. factories and laid off 1,500 employees
News on February 4: according to foreign media reports, the storage giant Qimonda announced Tuesday that the company would close its only U.S. factory and lay off about 1,500 people. Qimonda also said that if the company could not find strong investors, it would face the fate of liquidation.
Qimonda Executive Director, Thomas Seifert said, “In order to improve productivity and focus on next-generation chip buried wordline technology, so it is “inevitable” to close Sandston factory in Virginia USA.
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