Crikey’s tips box has been overflowing following last Friday’s SackWatch meta-list, with a number of new corporates pressing the panic button before the full force of the downturn hits the economy.
The new offenders seem to be both blissfully unaware of both the benefits of hanging on to loyal long-term team-members (as this AFR Boss article amply demonstrates) and the calls from Julia Gillard and ACTU chief Sharan Burrow to put an end to the mayhem in the name of macroeconomic stability. Nine out of ten Australians now believe businesses will use the financial crisis as an excuse to cut jobs, while calls for curbs on executive pay have hit fever pitch, according to new research released yesterday.
In an interesting attempt to appear ‘fair and balanced’, some metro papers have been running “jobs created” lists, with Woolworths jumping on the PR bandwagon over the weekend to claim that a series of new hirings meant it was now a model employer.
But the trend is clearly tipping in the other direction, with employees on edge all over the country — Treasury says an extra 300,000 people will be unemployed by June next year with the mining, manufacturing and construction sectors set to be the hardest hit.
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Here’s an updated list of layoffs that have come to light over the last few days:
Have you or someone you know been sacked? Send your tales of job cut woe to [email protected] with “sackwatch” in the subject field and we’ll keep the list updated as a handy HR reference point.
American Express: Corporate travel staff are on edge after being told last week they will find out tomorrow whether they still have a job following a restructure at its Brisbane office.
Commonwealth Bank: Looking to sack 500 employees from a less profitable department, according to a tipster
Macquarie Bank: Set to announce mass redundancies this Thursday, in addition to the 1,000 staff already laid off
Anglo Coal: 650 jobs gone in Queensland and New South Wales, including 470 contractor jobs by the end of the month
Bosch: Car parts maker has announced it will cut 170 jobs at its Melbourne plant
Holden: Yet to reveal whether there will be any job losses in Australia, despite production being halted at its South Australian plants next month. In Victoria, the closure of its Fishermans Bend engine plant may be brought forward to June, with 500 jobs set to go. In the US, parent company General Motors may be on its last legs.
Wesfarmers: 200 jobs gone from its Kmart head office, including a number of senior staff, according to a source
Thiess: The CFMEU says 40 workers have been sacked Burton Downs Mine, west of Mackay, with tipsters claiming “a lot” of jobs were made redundant elsewhere in January
BP Australia: Around 100 chopped last year from its corporate and regional retail sections, with rumours of more to come this year
Wattyl Group: Laid off 23 frontline field sales people last week, taking the total for the past 4 months to about 100 people
Logica: IT company sacked 44 staff last November and at least two more since then
Infosys Technologies: Tech firm’s workforce cut by around 5%, or around 18 staff
Yahoo7: 10% of staff, or about 30 people already gone last with more cuts imminent
STW group: Marketing group has hived off 17 jobs across the company
Lowan Whole Foods: 27 jobs gone after Victorian plant in Nhill shut down
Bush’s Pet Foods: Victorian exporter has cut 60 jobs
Air Radiators: 30 jobs gone at its Geelong plant
Alchemia: Announced to the ASX last year that it was laying off 30 staff or 60% of its workforce
Pioneer Electronics Australia: 15 jobs have already gone at Pioneer Electronics Australia after global decision taken to scale back staff
Ingram Micro: Chip manufacturer sacked 16 staff two weeks ago under pressure from its US parent
Figgins Holdings: 76 staff gone after 43 Shoobiz stores and four Evelyn Miles boutiques closed across Australia
Grampians Wool Industries: 40 jobs lost at wool processing plant in rural Victoria
The resources sector: Mining companies have cut more than 10,000 jobs since June, says the Minerals Council of Australia