Tag Archives: Layoffs

CSCO Crashes 10% After-Hours, Laying Off 4000 Staff, Sees Weak Q4

Posted on August 14, 2013 by DRenegade

It seems like it was just yesterday when CSCO announced it would fire 10,000 people. And then another 1,300. And thenanother 500. Fast forward to today when the “one-time, non-recurring” termination charges are back, as the “recovery”, now in its 5th year, … Continue reading →

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Citi Firing 11,000

Posted on December 5, 2012 by DRenegade

Big news ahead of this Friday’s NFP report: CITI TO CUT OVER 11,000 JOBS, TAKE PRETAX CHARGE $1B IN 4Q “Sandy’s fault?” or better yet, “Vikram’s fault.” Or maybe the economy is collapsing despite all the propaganda one is spoonfed. Considering the … Continue reading →

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A Foreshadowing of the Future

Posted on November 14, 2012 by DRenegade

November 15 , 2012 GE Healthcare in VT – Some Layoffs Reported Dahlgren’s in Crookston ND – 12 Layoffs Possible Timken Co – More Temp Layoffs American Cotton Growers Littlefield facility – 110 St. Lawrence County NY – Budget May … Continue reading →

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And Now, The Consequences

Posted on November 9, 2012 by DRenegade

From The Market Ticker: It’s anecdotal thus far, but I don’t believe it will remain that way for long. I am getting repeated reports of large layoff actions, both pending and immediate.  Some of these appear to be focused on the impact … Continue reading →

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