FACTBOX: Major job losses in non-banking sectors
(Reuters) - BMW spelt out earlier this week how it plans to cut its 25 billion-euro bill for materials costs and eliminate thousands of jobs.
BMW, which employs around 108,000 full-time staff, said it has agreed with labor leaders to hire more temporary staff, let more people take early retirement or buyout offers, and leave vacancies unfilled.
Following are some major job cuts in non-banking sectors, announced in the last three months.
For a companion FACTBOX on Global financial job losses, click on ID:nL07348214:
* ABBOTT LABORATORIES (ABT.N)
-- Abbott Laboratories said on December 4 it would lay off about 1,200 workers in California and Ireland to compensate for a contracting market for its drug-coated heart stents and because of manufacturing improvements.
* BP (BP.L)
-- Oil giant BP said on February 5 that the planned sale of its U.S. service station network would shift 9,500 positions to franchisees and 5,000 jobs elsewhere in the company would be cut.
* BRISTOL-MYERS SQUIBB CO. (BMY.N)
-- Drugmaker Bristol-Myers Squibb Co said on December 5 it would eliminate 10 percent of its 43,000 work force and close more than half its factories over the next three years.
* CHRYSLER GROUP
-- U.S. automaker Chrysler said on November 1 it was cutting around 1,100 jobs at its Brampton, Ontario, assembly plant as part of wider layoffs planned by the automaker. The layoffs are in addition to 13,000 jobs that Chrysler had already planned to cut in February 2007.
* DOW CHEMICAL (DOW.N)
-- Dow Chemical Co., the largest U.S. chemical maker, said on December 4 it would shut a number of plants and eliminate about 1,000 jobs to cut costs.
* EMI:
-- Guy Hands, the private equity owner of EMI, said on January 15 it planned to cut up to 2,000 jobs at the ailing British music company.
* NOKIA (NOK1V.HE)
-- The world's top cellphone maker said on January 16 it planned to close its plant in Bochum, Germany, by mid-2008 and may cut up to 2,300 staff.
* NOVARTIS AG (NOVN.VX)
-- Swiss drugmaker Novartis announced on December 13 a deep restructuring plan, aiming for annual savings of $1.6 billion in 2010 and slashing 2,500 jobs, or 2.5 percent of its global total.
* PITNEY BOWES INC (PBI.N)
-- U.S. mail services provider Pitney Bowes Inc (PBI.N) on November 15 unveiled a restructuring that calls for it to cut some 1,500 jobs.
* ROLLS-ROYCE GROUP (RR.L)
-- British aircraft engine maker Rolls-Royce said on January 11 it planned to cut 2,300 jobs at home and abroad in an efficiency drive to help offset rising costs.
* SPRINT NEXTEL CORP (S.N)
-- Sprint Nextel Corp (S.N), the No. 3 U.S. mobile service provider, said on January 18 it would cut about 4,000 jobs.
* WHIRLPOOL CORP (WHR.N)
-- Whirlpool Corp said on January 31 it planned to close two refrigerator plants and cut about 1,250 jobs. The world's biggest appliance maker has about 73,000 employees.
* WOLSELEY (WOS.L)
-- British building products retailer Wolseley said on November 28 it was cutting 3,000 jobs as it expects the U.S. housing market to worsen.
* WYETH WYE.N
-- Wyeth, U.S. pharmaceuticals company, said on January 25 it was considering cost cuts that could eliminate 10 percent of its 50,000 work force over a three-year period.
(Writing by Nagesh Narayana, Editing by David Cutler/Ruth Pitchford)
