FACTBOX: Job cuts mount as global downturn bites
(Reuters) - Global miner Rio Tinto, saddled with nearly $40 billion in net debt, said on Wednesday it would cut 13 percent of its workforce, slash capital spending and boost asset sales as it battles a collapse in commodity markets.
Rio said it would reduce its global headcount by 14,000, including nearly 6 percent of its own employees and more than half its contractors.
SKF Auto 6,000 Sept 09
Stora Enso Paper 3,150 Sept 10
UPM-Kymmene Paper 1,600 Sept 10
Alitalia Airlines 3,000 Sept 15
Akzo Nobel Manufacturing 3,500 Sept 29
Daimler AG Auto 2,300 Oct 14
ONO Telecoms 1,300 Oct 24
GKN Plc Auto 1,400 Oct 27
Volvo Auto/Equipment 4,340 Sep/Oct/Nov
BASF Chemicals 1,000 Oct 30
GlaxoSmithKline Pharma 1,200 Nov/Dec
ChTPZ Group Steel pipes 4,900 Nov 07
Telekom AustriaTelecoms 1,250 Nov 10
Nokia Siemens
Networks Telecoms 1,820 Nov 11
British Telecom Telecoms 10,000 Nov 13
Spansion Inc Semiconductor 4,000 NOV 18
Wolseley Plumbing/Heating 7,300 Nov 18
Supplier
AstraZeneca Plc Drug maker 1,400 Nov 20
PSA Peugeot-Citroen Auto 3,550 Nov 20
Rolls-Royce Engine maker 1,500-2,000 Nov 20
Sandvik Tool maker 2,400 Nov 20
freenet AG Telecoms 1,000 Nov 20
Philips Electronics Healthcare 1,600 Nov 22
Skanska Construction 3,400 Nov 25
ArcelorMittal Steel 9,000 Nov 27
Suzuki Motor Corp Auto 1,200 Nov 28
Telecom ItaliaTelecoms 9,000 Dec 3
SSAB Steel 1,300 Dec 8
SKF Bearings 2,500 Dec 10
Rio Tinto Mining 14,000 Dec 10
REGION - NORTH AMERICA:
COMPANY SECTOR NUMBERS DATE
-------------------------------------------------------------
Hewlett-Packard IT 24,600 Sept 15
Federal Mogul Auto, Engg. 4,000 Sept 17
eBay IT 1,000 Oct 06
Micron Technology IT 2,800 Oct 09
BorgWarner Auto 1,250 Oct 17
Yahoo Inc Technology 1,500 Oct 22
Merck & Co Pharma 6,800 Oct 22
XEROX CORP Technology 3,000 Oct 23
Chrysler LLC Auto 6,000 Oct 24
Whirlpool Corp Consumer 5,000 Oct 28
Gannett Co Inc Media 3,200 Oct 28
YRC Worldwide Inc Transport 3,750 Oct 29
Tenneco Inc Auto 1,100 Oct 29
Wabco Auto 1,000 Oct 29
Motorola Mobile phones 3,000 Oct 30
TRW Auto 1,000 Oct 30
ArvinMeritor Inc Auto 1,250 Oct 31
Mattel Inc Consumer 1,000 Nov 06
Ford Motor Co Auto 2,260 Nov 07
DHL Express BV Transportation 9,500 Nov 10
Nortel Communications 1,300 Nov 10
Applied Materials Technology 1,800 Nov 12
Sun Microsystems IT Up to 6,000 Nov 14
Pepsi Bottling Group
Inc Soft drink 3,150 Nov 18
Neptune Orient Lines Transportation 1,000 Nov 19
UAL Corp Airlines 1,200 Dec 3
AbitibiBowater Inc Paper 1,100 Dec 4
AT&T Inc Telecom 12,000 Dec 4
DuPont Chemical 2,500 Dec 4
Avis Budget Group Inc Car Rental 2,200 Dec 4
Dow Chemical Co Chemical 5,000 Dec 8
Wyndham Worldwide Corp Hotel 4,000 Dec 8
3M Co Manufacturer 2,300 Dec 8
Anheuser-Busch InBev NV Breweries 1,400 Dec 8
Danaher Corp Manufacturing 1,700 Dec 8
REGION - ASIA-PACIFIC:
-------------------------------------------------------------
COMPANY SECTOR NUMBERS DATE Nissan Auto 2,500 Oct 13
Nikon Cameras 1,500 Nov 22
Sony Corp Electronics 16,000 Dec 9
REGION - AFRICA
--------------------------------------------------------------
COMPANY SECTOR NUMBERS DATE Lonmin Mining 5,500 Nov/Dec
--------------------------------------------------------------
TOTAL 265,070
--------------------------------------------------------------
(Writing by Jijo Jacob and Carl Bagh, Bangalore Editorial Reference Unit. Editing and additional writing by David Cutler, London Editorial Reference Unit; editing by John Stonestreet)
