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U.S. Employment Restructuring Report Q1 2013

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The employment Restructuring Report is compiled by Kelly services. It provides a timely review of economic, labour and hiring conditions in the relevant markets, with a detailed focus on the most recent data regarding mass layoffs and restructuring. The report is compiled utilising publicly available data from official, private and not-for-profit organisations. published on a quarterly basis, the employment Restructuring Report is available in separate editions for the United States and the European Union.
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EMPLOYMENT RESTRUCTURING REPORT UNITED STATES EDITION 2013 1
Transcript
Page 1: U.S. Employment Restructuring Report Q1 2013

employment restructuringreportu n i t e d s tat e s e d i t i o n

2013 1

Page 2: U.S. Employment Restructuring Report Q1 2013

contents

2 | employment restructuring report | united states edition Q1 2013

summary p/3

01us labor market trends p/4

02 us regional labor trends p/7

03 most heavily impacted sectors p/9

04us labor market outlook p/12

05major announced us job layoffs p/13

about this report p/21

metHodology notes:

the Employment

Restructuring Report is

compiled by Kelly services

using publicly available data

from official, private and

non-profit organizations.

it aims to provide a

summary of the leading

factors contributing to

labor and hiring conditions

in the relevant markets,

with a special focus on

up-to-date layoffs and

job creation statistics.

US mass layoffs p/5

US job openings p/6

Announced US job layoffs by region p/8

Announced US job layoffs by industry sector p/10

US job openings by industry sector p/11

grapHs

disclaimer: This information is provided with the understanding that it is not guaranteed to be correct or complete and conclusions drawn from such information are the sole responsibility of the user. Attempts have been made to ensure that this data or documentation is accurate and reliable; Kelly Services does not assume liability for any damages caused by inaccuracies in this data or documentation. Kelly Services makes no warranty, expressed or implied, as to the accuracy, completeness, or utility of this information, nor does the fact of distribution constitute a warranty.

Page 3: U.S. Employment Restructuring Report Q1 2013

summary

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ The US economy

enters 2013 with confidence

returning, and positive signs

in a number of segments

including the labor market.

The meager 0.1% expansion

in the US economy in the final

quarter of 2012 was an abrupt

reminder that the recovery is

still fragile, with the broader

economy having advanced

2.2% over the full year.

3 | employment restructuring report | united states edition Q1 2013

A big falloff in defense

spending was the main drag

on the weaker GDP outcome

in the final quarter of 2012.

Elsewhere in the economy,

there were more positive signs

including in employment,

housing and manufacturing.

With 12.3 million people

unemployed and the jobless

rate stuck at around 7.9% there

is likely to be no immediate

easing in the Federal Reserve’s

monetary expansion, meaning

the foot remains on the

growth accelerator for the

foreseeable future.

Confirmation that the Federal

Reserve will sustain its

quantitative easing program

indicates it is less worried

about inflation and more

concerned with boosting the

recovery and getting within

reach of its unemployment

target of 6.5%

The monetary expansion will

be all the more important in

offsetting the rolling series of

spending cuts that will occur

under the sequester aimed at

cutting the budget deficit.

The policy settings suggest

steady expansion and

employment growth. The

numbers continue to please,

with 157,000 new jobs to

be created in the new year

and revisions that added an

additional 150,000 new jobs in

the final quarter of 2012.

Despite the slower growth in

the final months of last year,

more than 600,000 new jobs

were created.

Mass layoffs jumped in the

final quarter of 2012, boosted

by the impact of Hurricane

Sandy on businesses in

New Jersey and New York.

Meanwhile, job openings

have held at around the

3.6 million mark, reflecting the

improving trend.

Growth in the US is tipped to

continue on track and gain

momentum during the second

half. There is now a host of

positive signs, notably a pick

up in manufacturing activity,

a record high on the share

market and encouraging news

internationally, with Japan also

in stimulus mode and China

resuming growth.

Domestically, consumer

spending is still weak and on

the global front, the eurozone

remains a concern, with t

he major economies

still contracting.

a big falloff in

defense spending

was tHe main drag

on tHe weaKer gdp

outcome in tHe final

Quarter of 2012.

Page 4: U.S. Employment Restructuring Report Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ There was a blip in

the number of mass layoffs

in the final quarter of 2012

as reflected in the quarterly

initial claims data from the

Bureau of Labor Statistics.

Almost 547,000 workers

were affected by layoffs in

the December quarter, up

from 332,000 in the

September quarter and the

highest in three years.

The disruption wreaked by

Hurricane Sandy accounted

01us labor marKet trends

4 | employment restructuring report | united states edition Q1 2013

in some areas accompanied

by attrition in others.

Job gains are being seen in

mining, retail, health care

and wholesale trade while

losses are occurring in

transport and warehousing.

Job openings are maintaining

a steady improvement,

standing at approximately 3.6

million at the start of 2013.

This compares with 2.4 million

at the end of the recession.

Job openings have been

remarkably stable at this

level for the past year, even

the breakdown between

government and private

sectors has held steady.

There have been increases in

job openings over the course

of the year in retail, real estate,

education, health care and

social assistance but decreases

in mining and professional and

business services.

for only a small part of the

increase. The construction

industry reported a higher

than usual increase in layoffs,

largely associated with the

completion of seasonal work.

The manufacturing sector

also suffered a reversal

with layoffs rising, particularly

in the transport and food

production sectors.

The data reflect a degree

of volatility in the labor

market, with new jobs growth

Page 5: U.S. Employment Restructuring Report Q1 2013

us mass layoffs (Q1 2006 to Q4 2012)

5 | employment restructuring report | united states edition Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

Source: US Bureau of Labor Statistics

200,000

400,000

600,000

800,000

1,000,000Loss

2011

/Q4

2012

/Q1

2012

/Q2

2012

/Q3

2012

/Q4

2011

/Q3

2011

/Q2

2011

/Q1

2010

/Q4

2010

/Q3

2010

/Q2

2010

/Q1

2009

/Q4

2009

/Q3

2009

/Q2

2009

/Q1

2008

/Q4

2008

/Q3

2008

/Q2

2008

/Q1

2007

/Q4

2007

/Q3

2007

/Q2

2007

/Q1

2006

/Q4

2006

/Q3

2006

/Q2

2006

/Q1

200000

400000

600000

800000

1000000 Loss

2012/Q42012/Q32012/Q22012/Q12011/Q42011/Q32011/Q22011/Q12010/Q42010/Q32010/Q22010/Q12009/Q42009/Q32009/Q22009/Q12008/Q42008/Q32008/Q22008/Q12007/Q42007/Q32007/Q22007/Q12006/Q42006/Q32006/Q22006/Q1

tHe disruption

wreaKed by Hurricane

sandy accounted

for only a small

part of tHe increase.

tHe construction

industry reported a

HigHer tHan usual

increase in layoffs,

largely associated

witH tHe completion of

seasonal worK.

Page 6: U.S. Employment Restructuring Report Q1 2013

6 | employment restructuring report | united states edition Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

us job openings (june 2009 to dec 2012)

Source: US Bureau of Labor Statistics

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

December 2012November 2012October 2012September 2012August 2012 July 2012June 2012May 2012April 2012March 2012February 2012January 2012December 2011November 2011October 2011September 2011August 2011July 2011June 2011May 2011April 2011March 2011February 2011January 2011December 2010November 2010October 2010September 2010August 2010July 2010June 2010May 2010April 2010March 2010February 2010January 2010December 2009November 2009October 2009September 2009August 2009July 2009June 2009

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

Dec

emb

er 2

011

No

vem

ber

201

1O

cto

ber

201

1Se

pte

mb

er 2

011

Aug

ust

2011

July

201

1Ju

ne 2

011

May

201

1A

pri

l 201

1M

arch

201

1Fe

bru

ary

2011

Janu

ary

2011

Mar

ch 2

012

Feb

ruar

y 20

12Ja

nuar

y 20

12

June

201

2M

ay 2

012

Ap

ril 2

012

Sep

tem

ber

201

2A

ugus

t 20

12Ju

ly 2

012

Dec

emb

er 2

012

No

vem

ber

201

2O

cto

ber

201

2

Dec

emb

er 2

010

No

vem

ber

201

0O

cto

ber

201

0Se

pte

mb

er 2

010

Aug

ust

2010

July

201

0Ju

ne 2

010

May

201

0A

pri

l 201

0M

arch

201

0Fe

bru

ary

2010

Janu

ary

2010

Dec

emb

er 2

009

No

vem

ber

200

9O

cto

ber

200

9Se

pte

mb

er 2

009

Aug

ust

2009

July

200

9Ju

ne 2

009

tHere Have been

increases in job

openings over tHe

course of tHe year

in retail, real estate,

education, HealtH care

and social assistance.

Page 7: U.S. Employment Restructuring Report Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

02us regional labor trends

7 | employment restructuring report | united states edition Q1 2013

➔ There were increases

in layoffs experienced across

all the major regions of the US

in the final quarter of 2012.

The midwest had the highest

number of layoffs, with almost

149,000 jobs disappearing,

largely due to a downturn in

the construction sector.

The west is the only region to

have experienced a decline in

the number of layoffs over the

course of 2012 – all the other

regions suffered increases,

with the worst performance in

the northeast, where layoffs

almost doubled in a year.

Page 8: U.S. Employment Restructuring Report Q1 2013

8 | employment restructuring report | united states edition Q1 2013

announced job layoffs by us region (Q2 2010 to Q4 2012)

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

0

50000

100000

150000

200000 Q4 2012

Q3 2012

Q2 2012

Q1 2012

Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

WestMidwestSouthNortheast

Q4 2012

Q3 2012

Q2 2012

Q1 2012

Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

0

50,000

100,000

150,000

200,000

WestMidwestSouthNortheast

Q3 2011

Q4 2011

Q2 2011Q1 2011

Q3 2010Q4 2010

Q1 2012Q2 2012Q3 2012Q4 2012

Q2 2010Source: US Bureau of Labor Statistics

tHe midwest Had

tHe HigHest number

of layoffs, witH

almost 149,000 jobs

disappearing, largely

due to a downturn

in tHe construction

sector.

Page 9: U.S. Employment Restructuring Report Q1 2013

03most Heavily impacted sectors

9 | employment restructuring report | united states edition Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ The manufacturing

sector suffered the brunt of the

layoffs during the December

quarter, with 161,000 positions

abolished, accounting for

almost one-third of all layoffs.

There was a steep

deterioration in Construction

activity that saw 66,000

construction jobs go, the

highest quarterly rate of

layoffs in two years.

The Food and

Accommodation sector

also experienced the

impact of tight seasonal

conditions, which saw

60,000 positions scrapped.

Transportation and

Warehousing worsened,

with 41,500 individuals

laid off, while 21,000

government employees

were made redundant.

Job openings remained largely

steady across the board and

across most industry sectors.

One area that experienced

some improvement was

Trade, Transportation and

Utilities, where job vacancies

rose during the final months

of 2012. The Leisure and

Hospitality sector also saw

improved openings.

The only sector to see

significantly lower job

openings in the quarter

was Professional Business

Services, which also went

against the trend over

the course of the year.

Page 10: U.S. Employment Restructuring Report Q1 2013

10 | employment restructuring report | united states edition Q1 2013

announced us job layoffs by industry sector – non-farm (Q1 2012 to Q4 2012)

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

Source: US Bureau of Labor Statistics

0

40000

80000

120000

160000

200000 2012/Q1

2012/Q2

2012/Q3

2012/Q4

Real estateEducational servicesFinance and insuranceMiningArts, entertainment and recreationWholesale tradeHealthcare and social assistanceInformationProfessional and technical servicesGovernmentRetail tradeTransportation and warehousingAccommodation and food servicesConstructionAdministrative and waste servicesManufacturing

0

40,000

80,000

120,000

160,000

200,000

2012/Q1

2012/Q2

2012/Q3

2012/Q4

Rea

l est

ate

Ed

ucat

iona

l ser

vice

s

Fina

nce

and

insu

ranc

e

Min

ing

Art

s, e

nter

tain

men

tan

d r

ecre

atio

n

Who

lesa

le t

rad

e

Hea

lthc

are

and

soci

al a

ssis

tanc

e

Info

rmat

ion

Pro

fess

iona

l and

tech

nica

l ser

vice

s

Go

vern

men

t

Ret

ail t

rad

e

Tran

spo

rtat

ion

and

war

eho

usin

g

Acc

om

mo

dat

ion

and

foo

d s

ervi

ces

Co

nstr

ucti

on

Ad

min

istr

ativ

e an

dw

aste

ser

vice

s

Man

ufac

turi

ng

Q1 2012

Q2 2012

Q3 2012

Q4 2012

tHe manufacturing sector suffered tHe brunt of tHe layoffs

during tHe december Quarter, witH 161,000 positions abolisHed.

Page 11: U.S. Employment Restructuring Report Q1 2013

11 | employment restructuring report | united states edition Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

us job opening by industry sector (mar 2011 to dec 2012)

0

100000

200000

300000

400000

500000

600000

700000

800000 March 2011

June 2011

September 2011

December 2011

March 2012

June 2012

September 2012

December 2012ConstructionManufacturingGovernmentLeisure and HospitalityProfessional Business ServicesTrade, Transportation and UtilitiesEducation and Health Services

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

March 2011

June 2011

September 2011

December 2011

March 2012

June 2012

September 2012

December 2012

Co

nstr

ucti

on

Man

ufac

turi

ng

Go

vern

men

t

Leis

ure

and

Ho

spit

alit

y

Pro

fess

iona

lB

usin

ess

Serv

ices

Trad

e, T

rans

po

rtat

ion

and

Uti

litie

s

Ed

ucat

ion

and

Hea

lth

Serv

ices

March 2011

June 2011

Dec 2011March 2012

June 2012Sept 2012Dec 2012

Sept 2011

Source: US Bureau of Labor Statistics

one area tHat

Has experienced

some improvement

was trade,

transportation

and utilities, wHere

job vacancies rose

during tHe final

montHs of 2012.

Page 12: U.S. Employment Restructuring Report Q1 2013

04us labor marKet outlooK

12 | employment restructuring report | united states edition Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ The labor market is

likely to benefit from the

more broad-based recovery

that is now occurring in

the US and in some parts

of the global economy.

The early part of 2013 has

been characterized by a

definite shift in business and

investor sentiment, largely

flowing from the passing

of the fiscal cliff in the US

and the easing of fears

surrounding the eurozone

sovereign debt situation.

Monetary expansion in

the US and Japan, and a

series of global currency

devaluations, are making the

biggest economies more

competitive and helping

to sustain the recovery.

The flip side of quantitative

easing is the problem of

inflation and debt reduction,

but for the moment these

are seen as the lesser evils.

There are clearly some

divisions emerging at top

policy levels as to when is

the best time to withdraw

the Federal Reserve’s

monetary stimulus. All the

signs suggest that there

will be no withdrawal until

the unemployment rate

has started to show some

substantial improvement.

The mandatory budget

cuts under sequestration

will have a contractionary

impact but may not be as

debilitating as some believed.

There are positive signs

coming from China where

manufacturing activity has

hit a two-year high, and from

Germany, the engine room

of the EU, where business

confidence is at a record level.

The IMF is forecasting 2%

GDP growth for the US in

2013, with the pace of activity

quickening in the second half.

That rate of growth may well

be exceeded if, as now seems

likely, the quantitative easing

measures are sustained, and

provided Congress can avoid

a series of automatic spending

cuts due to start in March.

The major risks to the US

recovery probably stem from

the continued unsettling

economic and political

situation in Europe, where the

region is expected to contract

once again during 2013.

Only a handful of economies

will record positive growth

and unemployment remains

high, while political and social

unease is always a risk as

governments grapple with

multiple policy problems.

Weak banks in Europe are also

acting as a drag on growth

and a potential flashpoint

unless non-performing loans,

write downs and capital

injections can be managed.

Europe will not return to

growth until 2014, so for the

rest of this year, it will be a

two-track global economy,

fuelled by a tepid US recovery,

a resurgent China, and Japan,

with a new leader determined

to snap a 20-year slump on

the back of money printing.

If the share markets are any

guide then 2013 will be

a bumper year but there

are more than enough

potholes to suggest it will

be a most interesting ride!

Page 13: U.S. Employment Restructuring Report Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05major announced us job layoffsoct to dec 2012

13 | employment restructuring report | united states edition Q1 2013

Abbott Laboratories 550 Health and medical October

Advance Auto Parts Andersonville 80 Manufacturing November

Advanced Micro Devices 1,770 Technology October

Adventist Health 48 Health and medical November

Aerodynamics Inc 86 Aerospace December

Aetna Inc Connecticut 80 Insurance October

AFL Quality Inc. 63 Business Services November

Air National Guard 71 Aviation October

Allegany Ballistics Laboratory, West Virginia 50 Defense November

Allonhill LLC 140 Banking and finance December

AM General 100 Defense December

AM General Indiana 400 Defense December

American Airlines 73 Aviation December

American Airlines, Nashville and Memphis 100 Aviation October

American Airlines, Tulsa 450 Aviation October

American Coal 54 Resources and utilities November

American Fuel Cells and Coated Fabrics (Amfuel) 40 Manufacturing October

Ameridose LLC 650 Pharmaceuticals November

Amsted Rail 94 Transport October

Anchorage School District, Alaska 100 Education November

Anderson Tully Company 80 Manufacturing December

Anglo American Platinum 12,000 Mining October

Applied Materials 900 Manufacturing October

APS Healthcare 133 Health and medical October

AT&T, Connecticut 106 Telecommunications December

AT&T, Southeast operations 300 Telecommunications December

Aveo Oncology 45 Health and medical October

Awrey’s, Michigan 150 Food and beverage November

Bank of America, Glendale 281 Banking and finance December

BASF 400 Manufacturing October

Bigpoint 120 Media and entertainment October

Organization Total (approx) Industry Month

Page 14: U.S. Employment Restructuring Report Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

14 | employment restructuring report | united states edition Q1 2013

Bigpoint Games, San Francisco 47 Media and entertainment November

BlueCross BlueShield, Tennessee 100 Insurance October

Boeing 30% of Executives Aerospace November

Bogalusa Medical Center 47 Health and medical November

Bostwick Laboratories Inc. 90 Health and medical December

Brake Parts LLC 75 Manufacturing November

Bristol Myers 480 Pharmaceuticals November

Brooks Automation 100 Manufacturing December

ButterKrust Bakery, Lakeland Florida 32 Food and Beverage October

C.R. Bard, Queensbury New York 54 Manufacturing November

California Correctional Health Care 2,200 Health and medical December

Cardinal Health, Albuquerque 150 Health and medical October

CCS Medical, Tampa Bay 82 Health and medical October

Celgard 40 Manufacturing December

Center for Hospice / Palliative Care, New York 40 Health and medical November

Chesapeake Energy  275 Resources and utilities December

Choice Hotel International, Colorado 100 Accommodation October

Cigna 1,300 Insurance November

Citigroup Inc 11,000 Banking and finance December

Citigroup Securities Unit 150 Banking and finance November

City of Atwater, California 38 Government October

City of Miami, Oklahoma 50 Government December

CityGrid 60 Media and entertainment October

Cliffs Natural Resources 625 Mining November

Coda Automotive 50 Manufacturing December

Colgate Palmolive Co 2,300 Health and medical October

Condé Nast 60 Media and entertainment October

Consol Energy, West Virginia 145 Resources and utilities October

Cooper Green Mercy Hospital, Alabama 200 Health and medical December

Corning, Erwin New York 100 Manufacturing November

Credit Suisse Group, New York 120 Banking and finance December

Organization Total (approx) Industry Month

Page 15: U.S. Employment Restructuring Report Q1 2013

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

15 | employment restructuring report | united states edition Q1 2013

Credit Suisse Group, New York 78 Banking and finance October

Crouse Hospital, Syracuse New York 70 Health and medical November

Crowne Plaza, Secaucus 70 Accommodation October

Cummins Inc 1,500 Manufacturing October

Diebold 500 Manufacturing October

Dignity Health 40 Health and medical December

Dow Chemical Co 2,400 Manufacturing October

DuPont 1,500 Manufacturing October

DuPont, Richmond Virginia 64 Manufacturing November

E.A. Conway Medical Center 38 Health and medical October

Economical Insurance 145 Insurance October

Energizer Holdings Inc 1,500 Manufacturing November

EnergySolutions, Salt City Utah 300 Resources and utilities October

EnerSys Energy Products 100 Manufacturing December

Entropic 40 Technology December

Equity Group, North Baltimore Ohio 100 Banking and finance October

Evaluations Solutions 50 Real estate December

Exide Technologies, Bristol Tennessee 167 Technology November

Exide Technologies, Laureldale 150 Technology November

First Niagara Financial Group 180 Banking and finance October

FirstEnergy Corp 142 Resources and utilities November

Florida Quadel Consulting, Miami 64 Real estate December

Gamesa Energy 92 Manufacturing November

Gates Corp. Denver HQ 40 Manufacturing October

GE Healthcare, Vermont 50 Health and medical November

GE Healthcare, Wisconsin 130 Health and medical November

General Dynamics Anniston Plant 98 Defense November

General Dynamics Corp. North Carolina 84 Defense December

GenOn Energy Inc 33 Resources and utilities November

Goodyear Tire & Rubber Co.Fayetteville NC 200 Manufacturing October

Great Atlantic & Pacific Tea Co. Montvale 40 Food and Beverage October

Organization Total (approx) Industry Month

Page 16: U.S. Employment Restructuring Report Q1 2013

Groupon 80 Marketing November

GT Advanced Technologies Inc 165 Technology November

H.C. Starck Inc, Euclid 67 Manufacturing November

Hanesbrands Inc Mount Airy Sock Plant 60 Manufacturing November

Hawker Beechcraft 240 Aerospace November

Hostess 15,000 Food and beverage November

HSBC Bank, Buffalo 60 Banking and finance November

Huawei Technologies Co 100 Telecommunications December

Human Genome Sciences at Rockville HQ 97 Biotechnology October

Husqvarna 600 Manufacturing November

Idaho Molybdenum Mine 100 Mining October

Imation Corp (global) 200 Technology October

ING 2,350 Banking and finance November

Invacare Corp, Ohio 143 Health and medical December

iRobot Bedford MA 40 Technology October

ITT Exelis, Roanoke Virginia 201 Aerospace October

iVox Solutions LLC 120 Telecommunications December

Johnson & Johnson 130 Pharmaceuticals October

Jungle Jim’s 40 Retail November

Kaiser Permanente, California 530 Health and medical November

Kaiser Permanente, Ohio 58 Health and medical October

KDH Defense Systems, Eden North Carolina 280 Defense November

Kennedy Space Center 100 Aerospace December

Kodak 1,000 Technology October

Komax Solar 33 Manufacturing October

Kraft Foods, Minnesota 90 Food and Beverage October

Kratos Defense Security Solutions 125 Defense November

Lattice Semiconductor Corp. 109 Manufacturing October

Lebanon County Pennsylvania 48 Government December

Liberty Medical Supplies 250 Health and medical December

Liberty Medical Supplies, Port Lucie 105 Health and medical October

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

16 | employment restructuring report | united states edition Q1 2013

Organization Total (approx) Industry Month

Page 17: U.S. Employment Restructuring Report Q1 2013

Liquid Manufacturing LLC 63 Manufacturing October

LivingSocial Inc. 400 Technology November

Lockheed Martin Corp. 200 Aerospace October

Lower Bucks Hospital 30 Health and medical November

Lyons, New York 30 Government December

Magyar Telekom 500 Telecommunications October

Majestic Star Casino and Hotel 80 Accommodation November

Martha Stewart Living 70 Retail November

McGraw Hill Polaris 63 Education December

Medco Health Solutions, Willingboro 102 Health and medical December

Medicis Pharmaceutical Corp 200 Health and medical December

Memorial Medical Center 114 Health and medical November

Mercury Computer Systems Inc 142 Technology October

Mercy Regional Medical Center 20 Health and medical October

Meriter Hospital, Madison Wisconsin 50 Health and medical November

Micron 30 Technology December

Mills Manufacturing, North Carolina 68 Manufacturing November

Momentive Performance Materials, New York 200 Manufacturing November

Monitor Group 235 Business Services November

Montana’s Decker Coal Mine 75 Resources and utilities November

Montco Behavioral Health Department 58 Government November

Morton Salt Inc. Fair Harbor Plant 44 Manufacturing October

Motor Coach Industries Winnipeg Plant 190 Manufacturing October

Mundy Support Services LLC. 124 Business Services December

Munich Re AG Insurance 200 Insurance October

NBCUniversal 500 Media and entertainment November

Nebraska Medical Center 38 Health and medical October

Neovia Logistics Services 52 Logistics October

New Energy Corp. Indiana 40 Resources and utilities November

New York Wire, York Pennsylvania 170 Manufacturing October

Newell Rubbermaid 2,000 Manufacturing October

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

17 | employment restructuring report | united states edition Q1 2013

Organization Total (approx) Industry Month

Page 18: U.S. Employment Restructuring Report Q1 2013

Norfolk Southern Railroad  200 Transport October

Northrop Grumman 200 Aerospace November

Northrop Grumman, Linthicum 350 Aerospace October

Oce North America Inc. Connecticut 135 Technology November

Orlando Health 320 Health and medical November

Oshkosh Corporation 450 Manufacturing October

Panasonic 10,000 Technology November

PayPal 325 Technology October

PBS Coal Idling 138 Mining December

PDM Bridge LLC 36 Manufacturing October

Peabody Energy (global) 925 Resources and utilities October

Penn Refrigeration 40 Manufacturing November

Penske Logistics, Kansas City 50 Logistics November

Perry County Coal Corporation 156 Mining December

Pfizer 600 Pharmaceuticals December

Philips Healthcare, Andover MA 150 Health and medical October

PNC Financial, Houston 33 Banking and finance November

Pratt & Whitney Rocketdyne 100 Aerospace November

Pratt & Whitney, Connecticut 100 Aerospace December

Propark America 186 Transport and logistics November

Quest Diagnostics 400 Health and medical October

R.S. Bacon Veneer Co. 50 Manufacturing October

R.S. Owens & Co. Inc 95 Manufacturing December

Radisson, Lubbock 36 Accommodation November

RailAmerica, Jacksonville Florida 50 Transport December

Reebok, Canton 65 Manufacturing December

Regional Elite Airline Services, Outagamie Airport 38 Aviation October

ResCare, Indianapolis Indiana 117 Employment December

Research in Motion Ltd. 200 Technology November

Resolute Forest Products, Fort Frances 239 Manufacturing November

Resolution Copper Mining 400 Mining December

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

18 | employment restructuring report | united states edition Q1 2013

Organization Total (approx) Industry Month

Page 19: U.S. Employment Restructuring Report Q1 2013

Rheem, Fort Smith 100 Manufacturing December

Rift development 40 Media and entertainment December

Rockwell Collins Inc. 1,250 Aerospace October

SAIC Inc 700 Technology December

Samson Resources Co. 100 Resources and utilities December

San Diego Hospice 180 Health and medical November

Santa Barbara Bank & Trust 600 Banking and finance November

Shawano foundry WI 90 Manufacturing October

Shaws Supermarket 700 Retail November

Siemens (global) 8,000 Technology October

Sinful Colors 117 Beauty October

Southeast Louisiana Hospital, Mandeville 350 Health and medical December

Special Metals, Huntington West Virginia 74 Manufacturing October

St Petersburg Universal Health Care Group 100 Health and medical December

St. Anthony’s Medical Center 176 Health and medical October

St. John’s hospitals, Camarillo and Oxnard 50 Health and medical December

St. Jude Medical 500 Health and medical November

St. Luke’s Cornwall Hospital 40 Health and medical November

Stryker Corporation 1,170 Health and medical November

Sulake 60 Media and entertainment October

Supervalu Unit SHAW’s 700 Retail November

Take Charge America 35 Banking and finance November

TECO Coal Corporation 90 Resources and utilities November

Telerx Marketing 120 Telecommunications October

Tellabs 200 Telecommunications October

Teva Pharmaceuticals Inc, Irvine California 65 Pharmaceuticals October

The Post Standard 115 Media and entertainment October

Titan Tire, Freeport Illinois 60 Manufacturing December

TK Holdings Inc, Greensboro North Carolina 50 Manufacturing December

Transamerica Life Insurance Co 96 Insurance October

TriHealth 150 Health and medical November

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

19 | employment restructuring report | united states edition Q1 2013

Organization Total (approx) Industry Month

Page 20: U.S. Employment Restructuring Report Q1 2013

TriWest, Washington 145 Health and medical December

U.S. Cellular 980 Telecommunications November

U.S. Steel Corp. 142 Manufacturing December

U.S. Steel, Lorain Ohio 40 Manufacturing October

UBS 2,000 Banking and finance October

UBS (global) 10,000 Banking and finance October

Umatilla Chemical Depot 178 Defense December

Umatilla Chemical Depot 34 Defense November

United Space Alliance 304 Aerospace October

United Technologies Corp 500 Manufacturing November

Universal Music Group 60 Media and entertainment October

Universal Technical Institute, Inc. 50 Education October

University of California San Francisco Medical Center 300 Health and medical October

Utah American Energy Inc 102 Resources and utilities November

Vestas Wind Systems 3,000 Manufacturing November

Vestas Wind Systems, Brighton 80 Manufacturing October

Wausau Paper 55 Manufacturing November

WebMD Health Corp 250 Health and medical December

Western Digital Corp. Fremont Plant 77 Manufacturing October

Westinghouse Anniston 50 Defense November

Westmoreland Coal, Colorado 54 Mining December

Worldwide Flight Services 51 Aviation December

WPS Health Insurance 600 Insurance November

Xerox Corp. 2,500 Technology November

Xtreme Power Grove Oklahoma 63 Manufacturing November

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

20 | employment restructuring report | united states edition Q1 2013

Organization Total (approx) Industry Month

Source information: Details of announced job losses are derived from a range of publicly available business information and news services including dailyjobcuts.com, Forbes, Reuters, Associated Press, and localized media across the U.S.

Page 21: U.S. Employment Restructuring Report Q1 2013

AbOuT The AuThOr

TOdd WheATlAnd, VP Thought leadership

With 15 years experience in the human resources and workforce consulting space, Todd has overall responsibility for

thought leadership at Kelly Services. he has degrees in Commerce (economics/Marketing) from uWA and Communication

from Curtin university. linkedin: www.linkedin.com/in/wheatland Twitter: www.twitter.com/toddwheatland

AbOuT ThIS rePOrT

The employment restructuring report is compiled by Kelly Services. It provides a timely review of economic, labor and hiring conditions in

the relevant markets, with a detailed focus on the most recent data regarding mass layoffs and restructuring. The report is compiled utilizing

publicly available data from official, private and not-for-profit organizations. Published on a quarterly basis, the employment restructuring

report is available in separate editions for the united States and the european union.

AbOuT Kelly SerVICeS®

Kelly Services, Inc. (nASdAQ: KelyA, Kelyb) is a leader in providing workforce solutions. Kelly® offers a comprehensive array of outsourcing

and consulting services as well as world-class staffing on a temporary, temporary-to-hire, and direct-hire basis. Serving clients around the globe,

Kelly provides employment to more than 560,000 employees annually. revenue in 2012 was $5.5 billion. Visit kellyservices.com and connect

with us on Facebook, linkedIn, and Twitter. download The Talent Project, a free iPad app by Kelly Services.

TO reCeIVe ThIS rePOrT

This report is available to registered subscribers at www.kellyocg.com

A Kelly SerVICeS rePOrT

All trademarks are property of their respective owners. © 2013 Kelly Services, Inc.

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