U.S. Employment Restructuring Report Q2 2012

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

2012 2

contents

2 | employment restructuring report | united states edition Q2 2012

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

outsourcing group, a

division of Kelly services. it

aims to provide a summary

of the leading factors

contributors to labor and

hiring conditions in the

relevant markets, with a

special focus on up-to-date

layoffs and job creation

statistics. it is compiled

from publicly available data

from official, private and

not-for-profit organizations.

US mass layoffs p/5

US job openings p/6

Announced job layoffs by US 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.

summary

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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

➔ Promising signs of

recovery in the US labor

market emerged in the

final quarter of 2011 as

economic growth rebounded

and new job openings

reached a recent high.

US Q4 2011 GDP growth

was revised to 3.0% (2.8%

was an initial estimate). Q4

2010 GDP growth was 2.3%,

making the difference 0.7

percentage pts y-o-y. This

continues an uninterrupted

pattern of four quarters of

economic growth, and has

underpinned resurgence

in employment activity.


Notwithstanding the broad-

based jobs recovery, the

number of layoffs rose during

the quarter by 55,000 to a

total of 488,329, on par with

the level a year earlier.

The number of job

openings stood at 3.37

million in December, the

highest since April 2010.

The national unemployment

rate fell to 8.5% in December,

in a welcome respite from

the near-10% level that

endured from mid-2009

to the start of 2011.

There are now clear signs of a

broad-based recovery in the

US labor market, supported

by improved consumer

and business confidence, a

stronger stock market, and

even tentative improvement

in the housing market.

Yet this is an upturn that needs

to go much further. There

are still approximately one

million fewer job openings

than when the recession

began in December 2007. The

cyclically high unemployment

rate hides deep pockets

of social and economic

dislocation across the country.

The rising crude oil price and

the dawdling response to the

European financial crisis both

pose significant downside

risks to the US recovery.

On the positive side, the

US has been able to boost

manufacturing output and

lift retail activity under its

own steam – an encouraging

sign of forward employment

activity. But there is also

a structural change in the

makeup of the jobs market,

with demand continuing to

grow for highly skilled workers,

particularly in service-based

and professional sectors.

tHe number of job openings stood at 3.37 million

in december, tHe HigHest since april 2010.

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about tHis report

➔ The pattern of job

layoffs in the December

quarter maintained the

stable trend that has been

evident since the end

of the US recession.

There were a total of 488,329

layoffs in the final three months

of 2011, up approximately

55,000 on the previous quarter

and largely in line with the

position one year earlier.

01us labor marKet trends


It is worth remembering that

the final quarter is typically

a bad period for job layoffs,

and that the 2011 figure

was actually the best fourth

quarter result since 2005.

Not only was the number

of layoffs at a seasonal low,

the total number of number

of job openings across the

US stood at 3.37 million at

the end of December, the

highest since August 2008.

Since the end of the

recession in mid-2009, the

number of job openings

has been on a reasonably

sustained upward trend.

There were approximately

4.4 million jobs on offer

before the recession began,

meaning about one million

positions have vanished.

But at the same time,

there has been a 39%

improvement from the low

point of the recession.

Private sector job openings

have increased by almost

509,000 over the course

of the year, and by just

6,000 during the quarter.

Government positions have

decreased by 54,000 over the

year and are largely steady

on the previous quarter.

It is clear that the intensity

of layoffs has tempered as

the US recovery has gained

momentum, but there are

still many businesses under

severe pressure, being forced

to implement redundancies.

The manufacturing sector

continues to face a difficult

time, with intense competition

from offshore manufacturers.

Manufacturing accounted

for approximately one-third

of total layoffs in the quarter.

The construction industry saw

a spike in layoffs as seasonal

work came to an end.

tHe manufacturing

sector continues

to face a difficult

time, witH intense

competition

from offsHore

manufacturers.

us mass layoffs (Q1 2005 to Q4 2011)

200000

400000

600000

800000

1000000 Loss

2011/Q42011/Q32011/Q22011/Q12010/Q42010/Q32010/Q22010/Q12009/Q42009/Q32009/Q22009/Q12008/Q42008/Q32008/Q22008/Q12007/Q42007/Q32007/Q22007/Q12006/Q42006/Q32006/Q22006/Q12005/Q42005/Q32005/Q22005/Q1

200,000

400,000

600,000

800,000

1,000,000Loss

2011

/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

2005

/Q4

2005

/Q3

2005

/Q2

2005

/Q1


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about tHis report

Source: US Bureau of Labor Statistics

private sector job

openings Have

increased by almost

509,000 over tHe

course of tHe year,

and by 21,000 during

tHe Quarter.


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about tHis report

us job openings (june 2008 to dec 2011)

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

December 2011November 2011October 2011September 2011August 2011July 2011June 2011May 2011 April 2011March 2011February 2011January 2011December 2010November 2010October 2010September 2010 August 2010July 2010June 2010May 2010April 2010March 2010February 2010January 2010December 2009November 2009October 2009September 2009August 2009July 2009June 2009May 2009April 2009March 2009February 2009January 2009December 2008November 2008October 2008September 2008August 2008July 2008June 2008

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

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

May

200

9A

pri

l 200

9M

arch

200

9Fe

bru

ary

2009

Janu

ary

2009

Dec

emb

er 2

008

No

vem

ber

200

8O

cto

ber

200

8Se

pte

mb

er 2

008

Aug

ust

2008

July

200

8Ju

ne 2

008


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about tHis report

02us regional labor trends


➔ There were disparate

performances in labor market

outcomes across the four

major US census regions,

with the Midwest suffering

a sharp deterioration.

The number of layoffs in

the Midwest jumped almost

36,000 in the quarter to

140,000, the largest number

of layoffs of all four regions.

There were an additional

16,500 layoffs in the West,

and a further 11,600 layoffs

in the South. Only the

Northeast recorded a fall in

layoffs, with almost 10,000

fewer positions axed than

in the previous quarter.

The pattern of layoffs across

the four regions since the

start of the recession depicts

a marked variation in the

way they have endured and

recovered from the downturn.

While the Northeast has

had fewer layoffs than the

other three regions it has

also enjoyed much greater

stability from peak-to-trough.

In contrast, the Midwest has

suffered both the largest

number of layoffs and

also the greatest volatility.

The South and the West

have both experienced

volatility but considerably

less than in the Midwest.

Across the states, California

recorded the largest number

of layoffs in the quarter,

followed by Illinois, Wisconsin,

Ohio and Minnesota. A

total of 36 states recorded

decreases in layoffs.

Approximately 78% of those

affected by layoffs were

in metropolitan areas.


announced job layoffs by us region (Q2 2009 to Q4 2011)

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about tHis report

0

50000

100000

150000

200000

250000

300000 Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

Q1 2010

Q4 2009

Q3 2009

Q2 2009

West MidwestSouth

Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

Q1 2010

Q4 2009

Q3 2009

Q2 2009

0

50,000

100,000

150,000

200,000

250,000

300,000

West MidwestSouth Northeast

Q2 2011Q3 2011

Q1 2011Q4 2010

Q2 2010Q3 2010

Q4 2011

Q1 2010Q4 2009Q3 2009Q2 2009


tHe midwest Has

suffered botH tHe

largest number of

layoffs and also tHe

greatest volatility.

03most Heavily impacted sectors


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about tHis report

➔ The manufacturing

sector suffered the largest

number of layoffs in the

final quarter of 2011, up

approximately 10,000 on the

previous quarter to 141,279.

While the losses in

manufacturing accounted

for approximately one-

third of all job losses, the

situation with manufacturing

was one of the best fourth

quarter results on record.

There was a sharp jump in

construction industry layoffs,

up 36,000 to 60,319 as

end-of-year work dried up.

The contraction in the

government sector steadied,

with job attrition halving in

the quarter, and at the same

level as a year earlier.

There was a big improvement

in the information sector,

where layoffs slid sharply

from more than 30,000 in the

previous quarter to just 8,000.

The transport & warehousing

sector continues to

experience volatile activity,

with losses in the quarter

rising by almost 10,000 to

approximately 31,000.

Job openings either

improved or stabilized at

higher levels across most of

the major industry sectors.

There were improved job

prospects in manufacturing,

leisure & hospitality, and

trade, transport & utilities

during the quarter.

Construction and government

were steady, while education

& health services saw a

mild deterioration.

Broadly, all sectors are sharing

in the brighter employment

outlook, and even sectors

which have borne the brunt of

retrenchments appear to be

signaling an intention to rehire.


announced us job layoffs by industry sector – non-farm (Q4 2010 to Q4 2011)

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about tHis report


Q4 2010

Q1 2011

Q3 2011Q4 2011

Q2 2011

0

30000

60000

90000

120000

150000 2011/Q4

2011/Q3

2011/Q2

2011/Q1

2010/Q4

Educational servicesMining Wholesale trade Finance and insuranceArts, entertainment and recreationInformationHealthcare and social assistance Professional and technical services Government Retail tradeTransportation and warehousingAccommodation and food servicesConstruction Administrative and waste servicesManufacturing

2011/Q4

2011/Q3

2011/Q2

2011/Q1

2010/Q4

0

30,000

60,000

90,000

120,000

150,000

Ed

ucat

iona

l ser

vice

s

Min

ing

Who

lesa

le t

rad

e

Fina

nce

and

insu

ranc

e

Art

s, e

nter

tain

men

tan

d r

ecre

atio

n

Info

rmat

ion

Hea

lthc

are

and

soci

al a

ssis

tanc

e

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

tHere was a sHarp

jump in construction

industry layoffs, up

36,000 to 60,319 as

end-of-year worK

dried up.


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about tHis report

us job opening by industry sector (mar 2010 to dec 2011)


even sectors

wHicH Have borne

tHe brunt of

retrencHments

appear to be

signaling an

intention to reHire.

0

100000

200000

300000

400000

500000

600000

700000 December 2011

September 2011

June 2011

March 2011

December 2010

September 2010

June 2010

March 2010Construction Manufacturing Government Leisure and Hospitality Trade, Transportation and UtilitiesEducation and Health Services

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000December 2011

September 2011

June 2011

March 2011

December 2010

September 2010

June 2010

March 2010

Co

nstr

ucti

on

Man

ufac

turi

ng

Go

vern

men

t

Leis

ure

and

Ho

spit

alit

y

Trad

e, T

rans

po

rtat

ion

and

Uti

litie

s

Ed

ucat

ion

and

Hea

lth

Serv

ices

March 2010

June 2010

December 2010March 2011

September 2010

September 2011December 2011

June 2011

04us labor marKet outlooK


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about tHis report

➔ The US labor market

has entered a new phase of

growth, driven by the stimulus

measures unveiled by the

federal government and a

burst of private sector hiring.

After more than two years

of stalled jobs activity, the

slow-burn of recovery is

gradually gaining traction

and pushing jobs creation

to encouraging levels.

Layoffs in most sectors are

steadying at modest levels and

both job openings and new

hires are gathering pace. The

jobless rate has dropped to

psychological positive territory

after hovering at 10%, and

delivering material evidence

that the social scourge of

unemployment is finally lifting.

The economic strides in the

US economy have been small

and tentative but they have

endured. GDP growth is

edging higher, retail activity

is improving and confidence

is returning to the housing

sector. The stock market has

touched a four-year high.

Importantly, the economy

has remained on track in the

face of incredible external

shocks. The financial crisis

gripping Europe remains

a hair-trigger for economic

catastrophe but even there,

the worst case risk seems to

be diminishing. China’s growth

has slowed but not stalled.

Escalating oil prices and the

political uncertainty around

Iran’s nuclear ambitions

pose a fresh threat after

years of engagement in

Iraq and Afghanistan.

However the outlook is

brighter than at any time since

the start of the recession.

Jobs growth is occurring

across a broad span of the

economy and domestic

confidence, reflected in retail

spending, is gaining strength.

What remains to be seen is

how patterns of manufacturing

and employment have

shifted in the course of the

downturn. Thousands of

jobs have been lost in key

areas of manufacturing and

many of those will not return,

even under full steam.

Jobs in professional services

and the knowledge economy

have been more resilient

and will likely feature as

old patterns of work are

rendered uncompetitive.

China’s rise as an economic

powerhouse will be one of

the dominant features of the

next economic cycle, as even

its own economy undergoes

a generational transformation

into sophisticated

manufacturing and services.

The great economic and

financial collapse of 2007-

2011 wrought structural

changes that have traumatized

firms, industries and cities,

and many of those will not

revert to their former state.

.

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05major announced us job layoffsoct to nov 2011


Bigelow Aerospace 40 Aerospace October

Hawker Beechcraft 300 Aerospace November

ITT Exelis 200 Aerospace November

Rockwell Collins 108 Aerospace October

United Space Alliance Houston 54 Aerospace November

Cargill Inc 2,000 Agriculture December

Cargill Inc Springdale Ark Plant 130 Agriculture October

Foster Farms Dairy Sacramento Plant 96 Agriculture October

Park Farms Canton Ohio 200 Agriculture December

Wayne Farms 363 Agriculture November

Cooper Standard Automotive, Bowling Green Ohio 47 Automotive October

Bank of America 324 Banking & Finance October

BlackRock Inc, San Francisco 59 Banking & Finance December

Brandes Investment Partners 40 Banking & Finance December

Citigroup 4,500 Banking & Finance December

Citizens Financial Group 250 Banking & Finance November

Credit Suisse 85 Banking & Finance November

Daiwa Securities 300 Banking & Finance October

Danske Bank A/S 2,000 Banking & Finance November

Deutsche Bank 500 Banking & Finance October

Deutsche Bank 270 Banking & Finance October

FBR & Co. 125 Banking & Finance November

ING 2,700 Banking & Finance November

JP Morgan Chase 1,000 Banking & Finance October

MF Global 165 Banking & Finance November

Mizuho Financial Group Inc 3,000 Banking & Finance November

Mizuho Securities Co. 700 Banking & Finance October

Morgan Stanley 580 Banking & Finance December

Societe Generale SA French Bank 200 Banking & Finance December

Sun Life Financial 800 Banking & Finance December

TD Ameritrade 145 Banking & Finance December

Organization Total (approx) Industry Month

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05


CSG International 100 Business services December

TechniGraphics 40 Business services November

Transcom Lafayette Call Center 265 Business services December

Youthville Kansas 80 Community services October

Asplundh Construction Corp. 86 Construction December

John S. Clark 75 Construction December

Army 8,700 Defense December

Electric Boat 52 Defense November

Erickson Air Crane 119 Defense November

Fort Drum 85 Defense December

Fort Eustis 86 Defense December

Fort Sill 176 Defense December

Navy 3,000 Defense November

Northrop Grumman Corp 800 Defense October

U.S. Air Force 9,000 Defense November

Capella Education Co 65 Education November

Cleveland Metropolitan School District Ohio 132 Education November

Detroit Public Schools 87 Education October

Element K 115 Education November

Houghton Mifflin Harcourt 2,200 Education November

Philadelphia School District 141 Education December

Southern University Baton Rouge, Louisiana 87 Education December

Public Employees Federation 200 Employment October

Hanford’s tank farms 244 Energy and Resources October

Itron Inc 750 Energy and Resources October

Ovonic Energy Products Inc 77 Energy and Resources November

Pacific Gas and Electric Co 239 Energy and Resources December

Sunoco PA Refinery 490 Energy and Resources December

Day & Zimmermann 85 Engineering November

Sandvik AB 500 Engineering November

California Attorney General 102 Government December


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05


California Department of Corrections and Rehabilitation 26,000 Government October

City of Chicago Health Clinics 155 Government October

City of Tacoma WA 166 Government December

Cook County Chicago 775 Government November

Dartmouth Hitchcock 100 Government November

Detroit 1,000 Government November

Employment Security Department, Washington 222 Government October

Jacksonville Sheriff’s Office Florida 50 Government October

Jefferson County, Alabama 300 Government December

Louisville, Colorado 100 Government November

Manitowoc County 150 Government November

Miami Dade County, Florida 300 Government October

Nassau County, New York State 300 Government December

New York City 672 Government October

San Francisco Superior Courts 67 Government October

Savannah River Remediation 100 Government November

Swiftmud 150 Government October

AnMed Health 63 Health November

Baptist Health System 118 Health November

Carondelet Health Network 225 Health December

Christ Hospital, Jersey City 50 Health December

Hawaii Medical Center 500 Health December

Healthways Inc 275 Health December

Hospital Sisters Health System 50 Health October

Maxim Healthcare Services Miami Lake, Florida 287 Health October

McKesson Corp. Georgia 174 Health December

MetroHealth System 104 Health November

Montefiore Medical Center 63 Health December

Nassau University Medical Center 175 Health November

National Healing Corp. 49 Health November

PeaceHealth St. Joseph Medical Center 50 Health November


Peninsula Hospital, Far Rockaway 50 Health October

Providence Health Care 172 Health December

Raytel Cardiac Services Inc. & Philips Remote Cardiac Services

85 Health December

Saint Vincent Hospital, Worcester 60 Health October

Smith & Nephew Inc, Memphis 80 Health December

St Francis Hospital 58 Health December

Tennova Healthcare 130 Health October

Vanguard Health Systems Inc 100 Health December

Westchester Medical Center, New York 250 Health December

American Republic 110 Insurance October

Blue Cross & Blue Shield of Rhode Island 42 Insurance November

State Compensation Insurance Fund, California 1,500 Insurance October

The Hartford 500 Insurance October

O’Melveny & Myers 75 Law October

3M 4,900 Manufacturing December

Anchor Glass, Warner Robins 40 Manufacturing December

Andersen Corp 250 Manufacturing November

Armtec Infrastructure Inc 270 Manufacturing November

Babcock & Wilcox 134 Manufacturing October

Barber Foods, Portland Maine 71 Manufacturing October

Briggs & Stratton, Poplar Bluff, Missouri 200 Manufacturing October

Bristol Compressors 250 Manufacturing December

Cequent Electrical Products 42 Manufacturing December

Charles Navasky and Company 41 Manufacturing December

Chevron Phillips Chemical Co. LP 61 Manufacturing December

Coleman, Wichita 40 Manufacturing December

Energy Conversion Devices Inc 400 Manufacturing November

Exide Technologies at its Bristol factory 233 Manufacturing November

First Solar Inc 100 Manufacturing December

Furniture Brands Intl 200 Manufacturing November

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05



Hampton Affiliates 76 Manufacturing October

Ingalls Shipbuilding 500 Manufacturing December

KLN Steel Products Co. LLC 108 Manufacturing November

Kraft Foods, Mason City, Iowa 50 Manufacturing October

Kraftmaid 175 Manufacturing November

Larson Manufacturing, Clear Lake 68 Manufacturing November

MasterBrand Cabinet, North Carolina 150 Manufacturing October

MEMC Electronic Materials Inc 1,300 Manufacturing December

Momentive Performance Materials Inc. 325 Manufacturing December

Newell Rubbermaid Inc. 500 Manufacturing October

Nidec, Paragould, Arkansas 41 Manufacturing December

Nordson Corp 70 Manufacturing October

Pella Corporation 198 Manufacturing November

Precious Metals Division, Attleboro Mass. 300 Manufacturing December

Precision Valve, Travelers Rest, South Carolina 56 Manufacturing October

Revonate Manufacturing LLC, Clay New York 130 Manufacturing December

Shaw Industries, Columbia, South Carolina 194 Manufacturing October

SierraPine Rocklin Mill 51 Manufacturing November

Sparrows Point steel, Baltimore County 720 Manufacturing December

SunPower 85 Manufacturing November

Titleist golf ball plants 77 Manufacturing November

Trane Co. 98 Manufacturing December

United Solar Ovonic Greenville Michigan 144 Manufacturing November

Verso Paper Corp Bucksport Mill 125 Manufacturing October

Verso Paper Corp Mill, Sartell 175 Manufacturing October

Vulcan Materials Co 200 Manufacturing December

Warren Corp. 57 Manufacturing November

Whirlpool 5,000 Manufacturing October

Wilson Trailer Co 68 Manufacturing October

Wrigley Jr. Co 100 Manufacturing November

Avid 200 Media & Entertainment October

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05



CNN 50 Media & Entertainment November

Day 1 Studios 100 Media & Entertainment December

Developer CCP Games 100 Media & Entertainment October

Grace & Wild Inc 70 Media & Entertainment October

Grand Rapids Press & Kalamazoo Gazette Michigan 223 Media & Entertainment November

Groupon 400 Media & Entertainment October

Living Omnimedia 40 Media & Entertainment October

McGraw Hill 550 Media & Entertainment December

Olympian Washington State 83 Media & Entertainment December

Paramount Pictures 120 Media & Entertainment October

Pilot Media 50 Media & Entertainment November

Quad/Graphics, Dickson Tennessee 125 Media & Entertainment October

RockYou Inc. 100 Media & Entertainment November

Roscor Corp. 100 Media & Entertainment November

Silicon Knights 70 Media & Entertainment November

Tampa Tribune Newspaper 165 Media & Entertainment December

Walt Disney Co. Burbank and Glendale 128 Media & Entertainment October

AstraZeneca 400 Pharmaceutical October

AstraZeneca 1,150 Pharmaceutical December

Geron Corp 66 Pharmaceutical November

Merck, Springfield 50 Pharmaceutical October

Novartis 183 Pharmaceutical December

Sanofi 1,400 Pharmaceutical November

Amgen Inc 226 Research & Development October

ConocoPhillips Refinery, Pennsylvania 419 Resources November

Dugout Canyon mine 114 Resources November

Duke Energy and Progress Energy 347 Resources November

Lowes Company 1,950 Retail October

Taco Bell 105 Retail November

California Men’s Colony in San Luis 117 Social services October

NBA 400 Sport & Recreation October

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05



Roush Fenway Racing 100 Sport & Recreation November

Santa Anita Park, California 100 Sport & Recreation October

Adobe Systems 750 Technology November

Alpharetta’s McKesson Provider Technologies 174 Technology December

AMD Advanced Micro Devices 1,400 Technology November

ARINC 50 Technology December

Arvato Digital Services 50 Technology December

Fidelity National Information Services, Milwaukee 100 Technology November

HP 500 Technology October

iRobot Corp 55 Technology October

Navistar 133 Technology October

Pelco by Schneider Electric 97 Technology October

Security software maker McAfee 250 Technology December

Siemens A.G. 200 Technology December

Siemens A.G. 1,000 Technology December

Terex Indiana 53 Technology October

AT&T 100 Telecommunications December

Motorola Mobility 800 Telecommunications October

Vitesse Semiconductor 46 Telecommunications October

Windstream 280 Telecommunications December

Atlantic City Hilton, New Jersey 150 Tourism & Hospitality November

Friendly’s Restaurant 1,200 Tourism & Hospitality October

HMSHost Corp. GA 53 Tourism & Hospitality November

Interstate Hotels & Resorts Comfort Inn 52 Tourism & Hospitality November

Pillar Hotels and Resorts 159 Tourism & Hospitality November

Air France 2,000 Transport & Logistics December

Chicago Transit Authority 200 Transport & Logistics October

Frontier Airlines 200 Transport & Logistics November

Frontier Airlines at Mitchell International Airport 120 Transport & Logistics November

Hertz Corp Dallas Forth Worth Texas Airport 219 Transport & Logistics October

Long Island Bus workers, New York State 981 Transport & Logistics November

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05



Niagara Frontier Transportation Authority 170 Transport & Logistics December

Piedmont Airlines LaGuardia Airport 299 Transport & Logistics December

Pinnacle Airlines Corp. 154 Transport & Logistics December

Piper Aircraft Inc 205 Transport & Logistics October

SMART bus service 123 Transport & Logistics October

US Airways Group Inc Indianapolis International Airport 52 Transport & Logistics November

USPS United States Postal Service 28,000 Transport & Logistics December

Caron International Beaufort County 120 Wholesale December

Schwan Food Co. 60 Wholesale December

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about tHis report

05



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.

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 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 550,000 employees annually. revenue in 2011 was $5.6 billion.

Visit www.kellyservices.com and connect with us on Facebook, linkedin, & twitter.

to reCeiVe thiS rePort

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

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All trademarks are property of their respective owners. © 2012 Kelly Services, inc.

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U.S. Employment Restructuring Report Q2 2012

Career

regional labor

heavily impacted

labor market

labor market

employment

labor market

labor statistics

hiring conditions