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U.S. companies have announced more than 603,436 job cuts since the Election Day victory by Barack Obama, who has proposed a plan to create as many as 4 million jobs to boost the economy.
Following is a list of dismissals announced since Nov. 1, based on information compiled by Bloomberg News and Challenger, Gray & Christmas, the Chicago-based executive search firm. Only companies with 500 or more job cuts are included in the table.
(NOTE: For the first ten companies in the list, related stories are linked.)
| MONTH | COMPANY | CUTS |
| Nov-08 | 75,000a | |
| Dec-08 | (Bank of America Merger) | 35,000 |
| Jan-09 | 34,000 | |
| Jan-09 | 22,110 | |
| Jan-09 | 19,000 | |
| Nov-08 | 16,000 | |
| Dec-08 | 15,000 | |
| Nov-08 | 14,900 | |
| Jan-09 | 13,500 | |
| Dec-08 | 12,000 | |
| Dec-08 | Dow Chemical Co. (contractors & full time) | 11,000 |
| Jan-09 | General Electric (GE Capital) | 11,000b |
| Dec-08 | DuPont | 10,500 |
| Jan-09 | Boeing | 10,000 |
| Dec-08 | JPMorgan Chase (Washington Mutual) | 9,200 |
| Jan-09 | Sprint/Nextel | 8,000 |
| Nov-08 | Circuit City Stores | 7,305 |
| Jan-09 | Home Depot | 7,000 |
| Feb-09 | Macy’s | 7,000 |
| Jan-09 | Starbucks | 6,700 |
| Nov-08 | Sun Microsystems | 6,000 |
| Jan-09 | Eaton | 5,200 |
| Jan-09 | Ford | 5,000 |
| Jan-09 | Intel | 5,000 |
| Jan-09 | Microsoft | 5,000 |
| Jan-09 | Schlumberger | 5,000 |
| Dec-08 | Federal-Mogul | 4,600 |
| Jan-09 | Kodak | 4,500e |
| Jan-09 | STMicroelectronics | 4,500 |
| Jan-09 | International Paper | 4,400 |
| Nov-08 | ArvinMeritor | 4,000 |
| Jan-09 | Hertz | 4,000 |
| Jan-09 | Motorola | 4,000 |
| Dec-08 | Wyndham Hotel Group | 4,000 |
| Jan-09 | Avery Dennison | 3,600c |
| Jan-09 | Corning | 3,500 |
| Dec-08 | Omnicom Group | 3,500 |
| Dec-08 | United States Steel | 3,500 |
| Dec-08 | Bristol-Myers Squibb Co (wound-care unit) | 3,400 |
| Jan-09 | Texas Instruments | 3,400 |
| Jan-09 | Xerox | 3,400 |
| Nov-08 | Pepsi Bottling Group | 3,150 |
| Dec-08 | Ryder Systems | 3,100 |
| Jan-09 | Jabil Circuit | 3,000 |
| Nov-08 | Lehman Brothers (Barclays) | 3,000 |
| Nov-08 | First American | 2,950 |
| Jan-09 | IBM | 2,800 |
| Dec-08 | Tyco Electronics | 2,500 |
| Dec-08 | Western Digital | 2,500 |
| Jan-09 | Cummins | 2,400 |
| Jan-09 | EMC | 2,400 |
| Nov-08 | Freescale Semiconductor | 2,400 |
| Jan-09 | 3M | 2,400 |
| Dec-08 | Avis Budget Group | 2,200 |
| Jan-09 | Cooper Industries | 2,200 |
| Dec-08 | Newell Rubbermaid | 2,200 |
| Dec-08 | Office Depot | 2,200 |
| Jan-09 | Textron | 2,200 |
| Jan-09 | Freightliner | 2,100 |
| Jan-09 | Cessna Aircraft (1/12/09) | 2,000 |
| Jan-09 | Cessna Aircraft (1/29/09) | 2,000 |
| Jan-09 | Delta | 2,000 |
| Dec-08 | General Motors | 2,000 |
| Nov-08 | General Motors (salaried workers) | 2,000 |
| Jan-09 | MeadWestvaco | 2,000 |
| Dec-08 | Stanley Works | 2,000 |
| Dec-08 | Viasystems Group | 2,000 |
| Dec-08 | Air Transport Services Group (ABX Freight Unit) | 1,900 |
| Jan-09 | Bank of America | 1,900 |
| Jan-09 | Dell | 1,900 |
| Jan-09 | Clear Channel Communications | 1,850 |
| Nov-08 | Applied Materials | 1,800 |
| Nov-08 | Bank of New York Mellon | 1,800 |
| Dec-08 | Belden | 1,800 |
| Feb-09 | PNC | 1,800i |
| Dec-08 | State Street | 1,800 |
| Dec-08 | Danaher | 1,700 |
| Nov-08 | Fidelity National Investments | 1,600 |
| Dec-08 | Pentair | 1,600 |
| Dec-08 | Praxair | 1,600 |
| Nov-08 | Washington Mutual (Pleasanton Campus) | 1,600 |
| Jan-09 | Freeport-McMoran | 1,550 |
| Jan-09 | Baker Hughes | 1,500 |
| Dec-08 | Kemet | 1,500 |
| Dec-08 | ON Semiconductor | 1,500 |
| Jan-09 | WellPoint | 1,500 |
| Dec-08 | Con-Way | 1,450 |
| Dec-08 | Cooper Tire & Rubber | 1,400 |
| Dec-08 | Furniture Brands International | 1,400 |
| Dec-08 | InBev (Anheuser-Busch) | 1,400 |
| Jan-09 | Williams-Sonoma | 1,400 |
| Dec-08 | Hutchinson Technology | 1,380 |
| Dec-08 | Air Products & Chemicals | 1,300 |
| Jan-09 | ConocoPhillips | 1,300 |
| Nov-08 | Morgan Stanley | 1,300 |
| Dec-08 | Unisys | 1,300 |
| Nov-08 | Fidelity Investments | 1,288 |
| Nov-08 | ArvinMeritor (hourly & salaried) | 1,250 |
| Jan-09 | Black & Decker | 1,200 |
| Jan-09 | Compass Bank | 1,200 |
| Jan-09 | Ford (Credit Unit) | 1,200 |
| Jan-09 | Kennametal | 1,200 |
| Jan-09 | Huntsman | 1,175 |
| Jan-09 | Bon-Ton Stores | 1,150 |
| Jan-09 | Advanced Micro Devices | 1,100 |
| Jan-09 | Cigna | 1,100 |
| Dec-08 | Fairchild Semiconductor | 1,100 |
| Jan-09 | Harley-Davidson | 1,100 |
| Nov-08 | HSBC North America Holdings (Investment Bank) | 1,100 |
| Jan-09 | Rio Tinto Alcan | 1,100 |
| Jan-09 | Saks | 1,100 |
| Jan-09 | Target | 1,100 |
| Jan-09 | Oshkosh | 1,050f |
| Jan-09 | McGraw-Hill | 1,045 |
| Dec-08 | Aetna | 1,000 |
| Dec-08 | Alcatel-Lucent (management jobs) | 1,000 |
| Jan-09 | Allstate | 1,000 |
| Jan-09 | Alltel | 1,000 |
| Jan-09 | Ashland | 1,000 |
| Jan-09 | Bose | 1,000 |
| Jan-09 | Ecolab | 1,000 |
| Jan-09 | Electronic Arts | 1,000 |
| Dec-08 | Electronic Arts | 1,000 |
| Dec-08 | Genworth Financial | 1,000 |
| Nov-08 | GlaxoSmithKline (US sales) | 1,000 |
| Nov-08 | Mattel | 1,000 |
| Jan-09 | Mosaic | 1,000 |
| Nov-08 | Neptune Orient Lines | 1,000 |
| Jan-09 | PPG Industries | 1,000 |
| Dec-08 | Sovereign Bancorp | 1,000 |
| Jan-09 | UAL Corp (United Airlines) | 1,000 |
| Jan-09 | Walgreen | 1,000 |
| Jan-09 | Starwood Hotels | 900 |
| Nov-08 | USG | 900 |
| Nov-08 | La-Z-Boy | 850 |
| Dec-08 | Viacom | 850 |
| Jan-09 | Marshall & Ilsley | 830 |
| Jan-09 | Barnes Group | 800 |
| Jan-09 | Suntech Power | 800 |
| Jan-09 | Time Warner (Warner Bros.) | 800 |
| Jan-09 | Autodesk | 750 |
| Feb-09 | Liz Claiborne | 725 |
| Jan-09 | Ferro | 704h |
| Jan-09 | Monster Worldwide | 700 |
| Dec-08 | Sonoco Products | 700 |
| Jan-09 | Time Warner (AOL) | 700 |
| Jan-09 | Deere | 692 |
| Dec-08 | U.S. Steel | 677 |
| Dec-08 | Adobe Systems | 600 |
| Jan-09 | Cytec Industries | 600 |
| Nov-08 | Lam Research | 600 |
| Jan-09 | Seagate | 600 |
| Jan-09 | Wells Fargo | 600d |
| Dec-08 | Principal Financial | 550 |
| Jan-09 | Bridgestone | 543 |
| Jan-09 | Lincoln National | 540 |
| Jan-09 | Teradyne | 532g |
| Jan-09 | Sepracor | 530 |
| Dec-08 | Agilent Tech | 500 |
| Jan-09 | Belo | 500 |
| Jan-09 | Cabot | 500 |
| Jan-09 | Citrix Systems | 500 |
| Nov-08 | Hartford Financial Services | 500 |
| Dec-08 | Las Vegas Sands | 500 |
| Total | 603,436 | |
Source: Challenger, Gray & Christmas, Inc. and Bloomberg
a — Combined total cuts for the year.
b — May cut 7,500-11,000 this year.
c — Estimated 10 percent of workforce.
d — 3,600 total cuts for 2008.
e — Company expects to cut between 3,500-4,500 jobs.
f — Total cuts about 2,400.
g — Estimated 14 percent of workforce.
h — Estimated 12 percent of workforce.
i — 4,000 jobs announced in Oct. 2008 for a total of 5,800.
