{"id":737,"date":"2010-08-19T10:12:04","date_gmt":"2010-08-19T14:12:04","guid":{"rendered":"http:\/\/www.salaryfor.com\/blog\/?p=737"},"modified":"2010-09-23T21:43:08","modified_gmt":"2010-09-24T01:43:08","slug":"the-layoff-kings-the-25-companies-responsible-for-700000-lost-jobs","status":"publish","type":"post","link":"https:\/\/salaryfor.com\/blog\/the-layoff-kings-the-25-companies-responsible-for-700000-lost-jobs\/","title":{"rendered":"The Layoff Kings: The 25 Companies Responsible for 700,000 Lost Jobs"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" title=\"http:\/\/www.labor.mo.gov\/News_Center\/LaborLink\/September2009\/LL_9-09B.htm\" src=\"http:\/\/ts1.mm.bing.net\/images\/thumbnail.aspx?q=260218827276&amp;id=61132cb0f5e933a7afda72b8c40be2ae&amp;index=ch1\" alt=\"Go to fullsize image\" width=\"160\" height=\"100\" \/><\/p>\n<p>Between December 2007 (when the recession officially began) and last month, more than 8 million Americans have lost their jobs, according to the government. Of those job losses, 700,000 stem from layoffs at just 25 companies, according to\u00a0<em>24\/7 Wall Street&#8217;s <\/em>analysis of data from employment consulting firm Challenger, Gray &amp; Christmas. Here is the list:<br \/>\n<strong><\/strong><\/p>\n<p><strong>1. General Motors<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>107,357<\/p>\n<p><strong>2. Citigroup <\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>73,056<\/p>\n<p><strong>3. Hewlett-Packard <\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>47,540<\/p>\n<p><strong>4. Circuit City Stores<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>41,495<\/p>\n<p><strong>5. Merrill Lynch<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>40,650<\/p>\n<p><strong>6. Verizon Wireless<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>39,000<\/p>\n<p><strong>7. Pfizer <\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>31,771<\/p>\n<p><strong>8. Merck &amp; Co.<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>24,400<\/p>\n<p><strong>9. Lehman Brothers<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>23,340<\/p>\n<p><strong>10. Caterpillar<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>23,024<\/p>\n<p><strong>11. JPMorgan Chase<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>22,852<\/p>\n<p><strong>12. Starbucks <\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>21,316<\/p>\n<p><strong>13. AT&amp;T <\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>18,401<\/p>\n<p><strong>14. Alcoa<a href=\"http:\/\/www.dailyfinance.com\/quotes\/alcoa-inc\/aa\/nys\" target=\"_blank\" rel=\"noopener\"><\/a><\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>17,655<\/p>\n<p><strong>15. Dow Chemical<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>17,530<\/p>\n<p><strong>16. DuPont<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>17,000<\/p>\n<p><strong>17. Berkshire Hathaway<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>16,900<\/p>\n<p><strong>18. Ford Motor <\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>15,912<\/p>\n<p><strong>19. KB Toys<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>15,100<\/p>\n<p><strong>20. United States Postal Service<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>15,000<\/p>\n<p><strong>21. DHL Express USA<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>14,900<\/p>\n<p><strong>22. Sprint Nextel<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>14,500<\/p>\n<p><strong>23. Sun Microsystems<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>14,000<\/p>\n<p><strong>24. Boeing <\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>13,715<\/p>\n<p><strong>25. Chrysler<\/strong><\/p>\n<p><strong>Number of jobs cut since recession began: <\/strong>13,672<\/p>\n<p><em>source: <\/em><strong><a href=\"http:\/\/www.dailyfinance.com\/story\/company-news\/the-layoff-kings-the-25-companies-responsible-for-700-000-lost\/19588515\/\" target=\"_blank\" rel=\"noopener\">dailyfinance<\/a><\/strong><\/p>\n<p style=\"text-align: left;\"><strong><a href=\"http:\/\/www.salaryfor.com\/\" target=\"_self\"><span style=\"color: #3399cc;\">click here for more salary information<\/span><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between December 2007 (when the recession officially began) and last month, more than 8 million Americans have lost their jobs, according to the government. Of those job losses, 700,000 stem from layoffs at just 25 companies, according to\u00a024\/7 Wall Street&#8217;s analysis of data from employment consulting firm Challenger, Gray &amp; Christmas. Here is the list: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[332,320,329,315,318,324,326,330,331,316,323,321,328,76,317,322,179,319,327,325],"class_list":["post-737","post","type-post","status-publish","format-standard","hentry","category-business-stories","tag-alcoa","tag-berkshire-hathaway","tag-circuit-city","tag-circuit-city-stores","tag-dhl-express","tag-dow-chemical","tag-employment-consulting","tag-ford-motor","tag-job-layoffs","tag-jpmorgan-chase","tag-kb-toys","tag-lehman-brothers","tag-merrill-lynch","tag-recession","tag-sprint-nextel","tag-states-postal-service","tag-sun-microsystems","tag-united-states-postal-service","tag-usa-number","tag-verizon-wireless"],"_links":{"self":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/comments?post=737"}],"version-history":[{"count":5,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/737\/revisions"}],"predecessor-version":[{"id":875,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/737\/revisions\/875"}],"wp:attachment":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/media?parent=737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/categories?post=737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/tags?post=737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}