From DailyJobCuts.com: Alcatel-Lucent (5,500), TeliaSonera (2,000), XL Foods (2,000), UBS (2,000), AMD (2,000), Siemens (8,000), Anglo American Platinum (12,000), Applied Materials (1,000), Hewlett Packard (29,000)...if you think these numbers are bad, wait until next year.
The nominal ADP payroll numbers look okay right now, but the numbers coming from the factories are beginning to contract at a rapid rate. Eventually the jobs numbers will follow the production numbers lower. If you look under the hood at the month over month data you'll see the employment picture is already in fact getting dire.
Take a look for yourself...
