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World News   USA   Bay Area   Business   Bad Economic News   Job Cut, Bad Economic News
Bay Area Job Cut, Bad Economic News Timeline Saturday, September 27     Author
Search Bay Area News Atlas:
Solectron to slash 3,500 jobs to cut costs  The manufacturer of electronic products announced plans to cut about 6% of its staff to bolster its bottom line Sun to cut another 1,080 jobs  Troubled computer and software maker plans to cut another 3% of its work force to return to sustained profitability Levi Strauss to eliminate up to 650 jobs  Facing pressure to lower the prices of its clothes, jeans maker will cut up 5% of Levi's worldwide work force PeopleSoft foresees up to 1,000 job cuts  PeopleSoft will shed 8% of its work force, as it tries to squeeze more profits from its $1.8 billion acquisition of J.D. Edwards Silicon Graphics cuts 600 more jobs  SGI is cutting nearly 17% of its work force to keep costs in line with sagging revenues Solectron to cut 12,000 jobs   Agilent to cut 4,000 more jobs  Maker of test and measurement equipment, will cut 11% of its work force, after posting a wider quarter loss Chip-maker to cut 2,000 jobs  Advanced Micro Devices will cut 15% of its work force. AMD wants to reduce its expenses by $350 million in 2003 Silicon Valley's Jobless Rate 7.9% AMD plans layoffs, will take large charge  20% of 13,187 employees could be cut. Executives plan to take a charge of 'several hundred million dollars' Appl. Materials to cut 800 Bay Area Jobs HP to cut additional 1,800 jobs  The company blamed the reductions on a continued market slowdown and to have a competitive structure Schwab to cut 10% of staff  Charles Schwab will cut roughly 1,880 jobs. Layoffs are expected to be completed by the end of November SONICblue cuts 25% work force 4,000 jobs trimmed

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                    Job Cut, Bad Economic News
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                        Real Estate 		Hewlett-Packard cuts 14,500 staff
Unemployment rises in Silicon Valley  Unemployment increased in June to a combined 6.1%, up from 5.6%, even though the high-tech hub has added more jobs East Bay lost greatest number of jobs  N. California has been more insulated from the job declines than Southern. San Jose and San Francisco have moved into neutral mode Lab to lay off more workers this year  A tighter fed budget and a move to streamline the nuclear weapons complex is expected to lead to 700 of layoffs Lab to cut jobs because of rising costs  Lawrence Livermore National Laboratory plans to cut about 500 jobs because of costs stemming from a changeover in management 10,500 Layoffs Announced

July 2008 ... more > Top ^

Jul.20   San Jose
Jul.19   East Bay

January 2008 ... more > Top ^

Jan.18   Livermore Lab

year 2007 Top ^

Nov.13   Livermore Lab

year 2006 Top ^

Sep.5   Intel
  Semiconductor giant is laying off employees as part of a massive restructuring effort to reverse sinking profits
 Most of the job cuts will come from the management, marketing and information technology ranks. Market share stolen by smaller rival AMD

year 2005 Top ^

Jul.19   HP
  HP is to lay off about 10% of its workers over the next 18 months as part of its long-awaited restructuring
Apr.30   Milpitas

year 2003 Top ^

Sep.18   Sun
Sep.10   San Francisco
Sep.4   Pleasanton
Aug.27   Mountain View
Mar.20   Milpitas
Feb.21   Palo Alto

year 2002 Top ^

Nov.14   AMD
Nov.9   San Jose
Nov.7   AMD
Nov.4   Santa Clara
Sep.25   HP
Sep.17   Schwab
Sep.5   Santa Clara
Jul.16   Intel
  Chip-making giant posted disappointing second-quarter earnings. Most of the reductions will be made through attrition
Jan.22   Mountain View Microsoft eliminates UltimateTV division Jan.16   Milpitas LSI Logic will cut 1,400 jobs Jan.3   San Francisco Providian to cut 800 jobs  Credit card issuer will cut a 6% of its work force, to make the troubled company more efficient Jan.2   San Jose Pakistani technology office to leave

year 2001 Top ^

Nov.15   Palo Alto Agilent to cut 4,000 more jobs  Company is meeting expectations in its 4th quarter Oct.29   Redwood City Openwave to cut 300 jobs Sep.28   San Jose Atmel to cut 2,500 jobs Aug.20   Palo Alto Agilent cutting 4,000 jobs Jul.26   San Jose JDS to cut 7,000 additional jobs  JDS Uniphase will close some operations after losing $7.9 billion   HP HP cutting 6,000 jobs
  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force
May.17   Pleasanton Commerce One Cuts 10% Jobs May.7   3Com 3Com cuts 3,000 jobs Mar.22   Schwab Schwab plans to cut 3,400 jobs Mar.9   Cisco Cisco cut 8,000 jobs
  Stock price plunged to a 52-week low dropping 10%


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