Source: San Francisco Business Times - by Steven E.F. Brown
Employers in California said they would cut 10,528 jobs in January, making the state No. 4 on a list of most layoffs in a report from Challenger, Gray & Christmas.
California came in behind New York (17,060), Arkansas (12,700) and Delaware (10,784).
In January 2009, California employers announced 14,883 job cuts.
Nationwide, employers planned 71,482 job cuts in January, up 59 percent from cuts in December. Retailers slashed many temporary holiday jobs, adding to the figures, the report said, but they also cut “many of the full-time, permanent jobs that existed before the holidays.”
January marked the first increase in the number of monthly job cuts since July, and it had the most since August, when employers planned to cut 76,456 jobs nationwide.
But it’s a much lower number than the whopping 241,749 job cuts planned in January 2009.
Retail led the list of industries shedding jobs, with 16,737 nationwide. Telecoms and drug companies followed, with 14,010 and 8,170 respectively.
Employers in California said they would cut 10,528 jobs in January, making the state No. 4 on a list of most layoffs in a report from Challenger, Gray & Christmas.
California came in behind New York (17,060), Arkansas (12,700) and Delaware (10,784).
In January 2009, California employers announced 14,883 job cuts.
Nationwide, employers planned 71,482 job cuts in January, up 59 percent from cuts in December. Retailers slashed many temporary holiday jobs, adding to the figures, the report said, but they also cut “many of the full-time, permanent jobs that existed before the holidays.”
January marked the first increase in the number of monthly job cuts since July, and it had the most since August, when employers planned to cut 76,456 jobs nationwide.
But it’s a much lower number than the whopping 241,749 job cuts planned in January 2009.
Retail led the list of industries shedding jobs, with 16,737 nationwide. Telecoms and drug companies followed, with 14,010 and 8,170 respectively.
