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EMPLOYMENT RESTRUCTURING REPORT UNITED STATES EDITION 2012 4
23

U.S Employment Restructuring Report Q4 2012

Oct 19, 2014

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The Kelly Restructuring Index 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.
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Page 1: U.S Employment Restructuring Report Q4 2012

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

2012 4

Page 2: U.S Employment Restructuring Report Q4 2012

contents

2 | employment restructuring report | united states edition Q4 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/23

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 labour

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 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.

Page 3: U.S Employment Restructuring Report Q4 2012

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 labor market

maintained its positive upward

swing in the third quarter of

2012 as the broader economy

produced the sharpest burst

of growth so far this year.

There was genuine surprise

at the 2.7% jump in GDP in

the July–September period,

which was largely fuelled by

government spending and

private inventory investment,

helping to sustain the

economic momentum.

3 | employment restructuring report | united states edition Q4 2012

Private consumer spending

of just 1.4% in the quarter

remains weak, and the

impact of superstorm

Sandy looks certain to

depress activity during the

final quarter of the year.

The jobs market held up

relatively well during the third

quarter with fewer layoffs,

higher employment, and a

lower rate of unemployment.

The number of layoffs fell

almost 122,000 during

the quarter to a total of

332,368, the lowest since

the third quarter of 2006.

The unemployment rate

has fallen to 7.7%, down

from 8.7% a year earlier.

Total non-farm payroll

employment has increased

by 1.9 million year over year.

The positive signs are

being tempered by a

number of reality checks.

Relatively weak consumer

and business spending and

a jump in inventories are

likely to see more subdued

growth in the final quarter.

The impact of Sandy on

the Northeast is likely to

be prolonged with some

businesses having their

operations affected for more

than a month after the event.

The protracted political

standoff on tax increases

and spending cuts to avoid

the ‘fiscal cliff’ will put a

dampener on business and

investor confidence until it

is resolved. It’s worth noting

that even if the December

31 deadline is not met, the

automatic tax increases

and spending cuts will not

be felt for many months.

The global economy presents

a volatile and mixed picture.

A double-dip recession

in the eurozone, coupled

with ongoing sovereign

debt concerns and a harsh

austerity program suggests

a period of prolonged pain.

Japan has unleashed a

major stimulus package,

as the world’s third biggest

economy heads toward its

fifth recession in 15 years.

In China, latest data shows

a strong rebound from

the mini-slump that briefly

dampened its strong growth.

relatively weaK

consumer and

business spending

and a jump in

inventories are

liKely to see more

subdued growtH in

tHe final Quarter.

Page 4: U.S Employment Restructuring Report 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

➔ The number of

layoffs in the third quarter

of 2012 touched its lowest

level in six years as the

upward trend across most

sectors of the economy

continued to gather pace.

There were 332,368 layoffs

in the quarter, 121,786 fewer

than in the June quarter and

01us labor marKet trends

4 | employment restructuring report | united states edition Q4 2012

The total number of people

unemployed stood at 12.25

million, some 1.5 million

fewer than a year earlier.

The number of long-term

unemployed (jobless

for 27 weeks or more)

was 5.0 million.

Job openings at the end

of September stood at

3.6 million, approximately

200,000 fewer than at the

previous quarter, and only a

slight improvement on the

position from a year ago.

However, there are now

1.2 million more job openings

than at the low point of the

recession in mid-2009.

However the improvement in

the labor market in the third

quarter may be short-lived.

There is expected to be a

worsening in the final months

of 2012 due to the devastation

caused by Hurricane Sandy,

with many businesses,

particularly in and around

New York, experiencing

shutdown, and employees

resorting to claiming

unemployment benefits.

99,851 fewer than at the same

time in the previous year.

Another encouraging sign

was that the number of

people employed part-

time for economic reasons

– sometimes known as

involuntary part-time workers –

fell by 269,000 to 8.3 million.

Page 5: U.S Employment Restructuring Report Q4 2012

us mass layoffs (Q4 2005 to Q3 2012)

5 | employment restructuring report | united states edition 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

200,000

400,000

600,000

800,000

1,000,000Loss

2011

/Q4

2012

/Q1

2012

/Q2

2012

/Q3

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

200000

400000

600000

800000

1000000 Loss

2012/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/Q12005/Q4

anotHer encouraging

sign was tHat tHe

number of people

employed part-time

for economic reasons

– sometimes Known

as involuntary part-

time worKers – fell by

269,000 to 8.3 million.

Page 6: U.S Employment Restructuring Report Q4 2012

6 | employment restructuring report | united states edition 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

us job openings (mar 2009 to sept 2012)

Source: US Bureau of Labor Statistics

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

September 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 2009May 2009April 2009March 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

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

9

tHe improvement in tHe labor marKet in tHe tHird Quarter may

be sHort-lived. tHere is expected to be a worsening in tHe final

montHs of 2012 due to tHe devastation caused by tHe storm.

Page 7: U.S Employment Restructuring Report 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

02us regional labor trends

7 | employment restructuring report | united states edition Q4 2012

➔ All four US census

regions experienced falls

in the number of layoffs

during the quarter.

The highest number of layoffs

occurred in the South, with

106,276 jobs disappearing,

approximately 11,500 fewer

than in the previous quarter.

The Midwest saw a

marginal improvement,

with approximately 80,000

layoffs, some 10,000 less

than the previous quarter.

The biggest improvement

occurred in the West, where

approximately 79,000 jobs

were lost, some 53,000 less

than in the previous quarter.

There was also a big

improvement in the Northeast,

where layoffs totaled 67,653,

approximately 46,000 less than

in the second quarter of 2012.

In both the Northeast and

the West, the rate of layoffs

were at recent historic lows,

reflecting the more broad-

based nature of the economic

recovery that is now emerging.

Among the states, California

recorded the largest number

of layoffs, followed by New

York, Illinois and Pennsylvania.

Approximately 87% of

the claims associated with

layoffs in the quarter were

in metropolitan areas.

Page 8: U.S Employment Restructuring Report Q4 2012

8 | employment restructuring report | united states edition Q4 2012

announced job layoffs by us region (Q1 2010 to Q3 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 Q3 2012

Q2 2012

Q1 2012

Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

Q1 2010

WestMidwestSouthNortheast

0

50,000

100,000

150,000

200,000Q3 2012

Q2 2012

Q1 2012

Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

Q1 2010

WestMidwestSouthNortheast

Q3 2011Q4 2011

Q2 2011Q1 2011

Q3 2010Q4 2010

Q1 2012Q2 2012Q3 2012

Q2 2010Q1 2010

tHe biggest

improvement

occurred in tHe west,

wHere approximately

79,000 jobs were

lost, some 53,000 less

tHan in tHe previous

Quarter.

Source: US Bureau of Labor Statistics

Page 9: U.S Employment Restructuring Report Q4 2012

03most Heavily impacted sectors

9 | employment restructuring report | united states edition 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

➔ The manufacturing

sector recorded a spike in

layoffs during the third quarter,

with almost 129,000 jobs

disappearing, approximately

50,000 above the previous

quarter and the highest

quarterly loss this year.

Manufacturing accounted

for 38% of all layoffs in the

quarter. The layoffs were

blamed largely on slack work

and insufficient demand.

The administrative and

waste services sector had

approximately 41,500

layoffs, attributed largely to

contract completion. The

sector has experienced a

consistent downward pattern

of layoffs in recent quarters.

The retail sector saw a decline

in the number of layoffs, down

to a recent low of 26,950.

Construction, transport

and warehousing, and

government all experienced

significant reductions in

layoffs in the quarter.

Across industry, job openings

were largely unchanged

across most sectors, with the

exception of manufacturing,

where openings fell

approximately 74,000 in

the quarter to 238,000,

and professional business

services, where openings were

down 64,000 to 651,000.

The construction sector also

suffered a drop of 4,000

openings in the quarter.

Page 10: U.S Employment Restructuring Report Q4 2012

10 | employment restructuring report | united states edition Q4 2012

announced us job layoffs by industry sector – non-farm (Q4 2011 to Q3 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

manufacturing

accounted for 38%

of all layoffs in

tHe Quarter. tHey

were blamed largely

on slacK worK and

insufficient demand.

0

30000

60000

90000

120000

150000 2011/Q4

2012/Q1

2012/Q2

2012/Q3

Real estateMiningEducational servicesArts, entertainment and recreationFinance and insuranceWholesale tradeProfessional and technical servicesHealthcare and social assistanceAccommodation and food servicesInformationGovernmentTransportation and warehousingConstructionRetail tradeAdministrative and waste servicesManufacturing

0

30,000

60,000

90,000

120,000

150,000

2011/Q4

2012/Q1

2012/Q2

2012/Q3

Rea

l est

ate

Min

ing

Ed

ucat

iona

l ser

vice

s

Art

s, e

nter

tain

men

tan

d r

ecre

atio

n

Fina

nce

and

insu

ranc

e

Who

lesa

le t

rad

e

Pro

fess

iona

l and

tech

nica

l ser

vice

s

Hea

lthc

are

and

soci

al a

ssis

tanc

e

Acc

om

mo

dat

ion

and

foo

d s

ervi

ces

Info

rmat

ion

Go

vern

men

t

Tran

spo

rtat

ion

and

war

eho

usin

g

Co

nstr

ucti

on

Ret

ail t

rad

e

Ad

min

istr

ativ

e an

dw

aste

ser

vice

s

Man

ufac

turi

ng

Q4 2011

Q1 2012

Q2 2012

Q3 2012

Page 11: U.S Employment Restructuring Report Q4 2012

11 | employment restructuring report | united states edition 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

us job opening by industry sector (dec 2010 to sept 2012)

0

100000

200000

300000

400000

500000

600000

700000

800000 September 2012

June 2012

March 2012

December 2011

September 2011

June 2011

March 2011

December 2010ConstructionManufacturingGovernmentLeisure and HospitalityTrade, Transportation and UtilitiesProfessional Business ServicesEducation and Health Services

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

September 2012

June 2012

March 2012

December 2011

September 2011

June 2011

March 2011

December 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

Pro

fess

iona

lB

usin

ess

Serv

ices

Ed

ucat

ion

and

Hea

lth

Serv

ices

March 2011

June 2011

Dec 2010

Dec 2011March 2012

June 2012Sept 2012

Sept 2011

professional

business services

job openings were

down 64,000 to

651,000.

Source: US Bureau of Labor Statistics

Page 12: U.S Employment Restructuring Report Q4 2012

04us labor marKet outlooK

12 | employment restructuring report | united states edition 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

➔ The US jobs market

is seeing continued steady

improvement as the

broader economy gathers

strength and private sector

activity slowly returns.

The growth outlook for the

US remains positive but

hesitant, largely as a result

of the myriad international

worries and the domestic

uncertainty surrounding

the budget stalemate.

In the past 12 months, the

private sector has added

1.9 million jobs, while the

public sector has lost 42,000

jobs. The stronger than

expected September quarter

GDP figures, a recovery

in the housing market,

stronger durable goods

orders, and a four-year high

in the Conference Board’s

consumer confidence index

all suggest that conditions

in the US are improving.

The unsettling European

situation is the big unknown.

The OECD predicts

that the eurozone will

remain in recession or flat

throughout 2013, before

growing at 1.3% in 2014.

For the US, the OECD says

that provided the fiscal cliff

is avoided, the country will

record just 2% growth in

2013 before rising to 2.8% in

2014. If something really goes

wrong in Europe, even those

predictions will look rosy.

We are likely to see ongoing

fiscal and monetary stimulus

across G7 countries for some

time yet. Japan is the latest

country to begin stimulating its

economy ahead of upcoming

elections and the prospect

of another recession.

In China, factory output is at

its highest level in more than

a year, suggesting that the

economy is rebounding after

months of slowing growth.

In the near term, the US

economy and labor market

will see steady improvement,

notwithstanding a likely dip

in the final quarter due to the

effects of Hurricane Sandy.

For 2013, it will be a more

complex story, dependent

on the volatile political,

social and economic

fortunes of the eurozone

and whether that assists or

negates the US recovery.

Page 13: U.S Employment Restructuring Report 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

05major announced us job layoffsjuly to sept 2012

13 | employment restructuring report | united states edition Q4 2012

Actelion 135 Pharmaceutical July

Alcatel Lucent 5,000 Telecommunications July

Alloy Surfaces 145 Manufacturing September

Alorica, Cutler Bay 127 Health/Medical September

Alta Bates Summit Medical Center 370 Aviation September

American Airlines 40 Aviation July

American Airlines 4,400 Aviation September

American Airlines, Miami International Airport 63 Aviation July

American Power Source 50 Resources/Utilities September

American Showa Inc. 173 Resources/Utilities August

American Showa Inc, Blanchester 170 Resources/Utilities August

Apollo Group Inc 70 Education July

Applied Materials Inc, Gloucester 55 Manufacturing September

Ashford University 450 Education September

AstraZeneca, MedImmune 200 Pharmaceutical July

Autodesk Inc 500 Arts/Media/Entertainment August

Autodesk Inc 70 Arts/Media/Entertainment September

Avid Technology Inc 360 Technology July

B/E Aerospace Inc, Holtsville 55 Aerospace/Defense July

BAE Systems, San Francisco 95 Aerospace/Defense September

Baker Victory Services 143 Community Services August

Bank of America 55 Banking/Finance July

Bank of America 16,000 Banking/Finance September

BankAtlantic, Fort Lauderdale 365 Banking/Finance August

Bath Iron Works 88 Manufacturing September

Bath Iron Works 38 Manufacturing September

Bayer CropScience 250 Manufacturing July

Beaverton Oregon 204 Education July

Behlen Manufacturing 35 Manufacturing August

Best Buy 2,400 Retail July

Organization Total (approx) Industry Month

Page 14: U.S Employment Restructuring Report Q4 2012

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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 Q4 2012

Best Buy 2,000 Retail September

Bimbo Bakeries, Sunbury 30 Manufacturing September

Blackboard Inc 90 Technology September

BMO Harris Bank 37 Banking/Finance September

Bookit.com 80 Technology August

Boston Children’s Hospital 255 Health/Medical September

Brillion Iron Works 198 Manufacturing August

Brooks Automation Inc. 150 Technology September

C.R. Bard NY 55 Manufacturing July

California Pacific Medical Center 120 Health/Medical August

Capital Health 175 Health/Medical July

Capital One, Bethesda 80 Banking/Finance July

Capital One, Tigard 217 Banking/Finance September

Caterpillar Inc, Lafayette 167 Manufacturing August

Chester County, Pennsylvania 30 Public Sector July

Chromalloy, Nevada 100 Aerospace/Defense September

Chromalloy, Nevada 48 Aerospace/Defense September

Chromalloy, San Antonio 57 Aerospace/Defense September

Cisco Systems Inc 1,300 Technology July

Citigroup Inc. 350 Banking/Finance July

City of Milpitas 43 Public Sector July

City of Tacoma 200 Public Sector September

Clifford Jacobs Forging Co. 36 Manufacturing September

Clipper Windpower 174 Manufacturing August

Codexis Inc 133 Pharmaceutical September

Colorado Boys Ranch YouthConnect 100 Community Services July

Comair Inc, Detroit Metro Airport 524 Aviation August

Comcast Cable 89 Telecommunications August

Comcast, Tinley Center 106 Telecommunications August

Community Memorial Health System 31 Health/Medical September

Organization Total (approx) Industry Month

Page 15: U.S Employment Restructuring Report 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

05

15 | employment restructuring report | united states edition Q4 2012

CompuCom Systems Inc 61 Technology September

Conservation Services Group Inc 40 Community Services September

Corning Cable Systems 90 Telecommunications August

Covidien Surgical Solutions, Boulder Colorado 35 Health/Medical August

Crane & Co. 55 Manufacturing August

Crane & Co. 200 Manufacturing July

Credit Suisse, New York 138 Banking/Finance July

CVS Caremark, Miramar 178 Health/Medical August

Davie Hospital 40 Health/Medical August

Dendreon Corp. 145 Pharmaceutical September

Department of Children and Family Services, Illinois 600 Public Sector July

Department of Labor and Training, Rhode Island 67 Public Sector July

Devereux 153 Health/Medical September

DeVry Inc 570 Education July

DineEquity Inc 100 Technology August

Disney Interactive 50 Arts/Media/Entertainment September

East St. Louis School District 50 Education August

Eastman Kodak 1,000 Technology September

Englewood Hospital and Medical Center 70 Health/Medical September

ETM Enterprise, Grand Ledge, Michigan 100 Manufacturing September

Exelon Corp. 170 Resources/Utilities August

Exide Technologies Frisco Facility 120 Technology September

Express Script Holding 283 Health/Medical September

Express Scripts Holding Co, New Jersey 258 Health/Medical July

Express Scripts Inc at Liberty Medical Supply Inc, Florida 84 Health/Medical August

Fair Isaac Corp. 31 Banking/Finance August

Family Resources, Iowa 45 Community Services July

Faurecia 150 Manufacturing September

Faurecia plant, Dexter Missouri 150 Manufacturing September

Organization Total (approx) Industry Month

Page 16: U.S Employment Restructuring Report Q4 2012

FirstEnergy Corp 200 Resources/Utilities September

FirstEnergy Corp, Bay Shore, Oregon 73 Resources/Utilities July

Foster Farms Dairy, Salem 100 Agriculture August

Fremont Rideout Health 44 Health/Medical September

Fresh & Easy 50 Retail July

FTI Consulting 115 Business Services July

G & D Integrated, Decatur 535 Transport/Logistics July

G4S GSolutions Inc 57 Public Sector August

Galloway, New Jersey 140 Public Sector September

Gamesa 73 Manufacturing July

Gamesa 165 Manufacturing July

Gaylord Entertainment Co. 200 Arts/Media/Entertainment August

GE, Ohio Lamp, Warren 36 Technology August

GeekSquad Best Buy 600 Retail July

Gen Probe 75 Bio-technology September

General Dynamics, Maine 30 Aerospace/Defense September

General Dynamics, Scranton 60 Aerospace/Defense August

General Dynamics, Williston 50 Aerospace/Defense September

Gerald Champion Regional Medical Center 39 Health/Medical July

Giles County TN School District 80 Education July

Glenn O. Hawbaker 80 Construction August

Golden Gate Transit 30 Transport/Logistics September

Golden Living Nursing Homes 42 Community Services August

Goodyear Plant, Danville Virginia 55 Manufacturing September

Granite Services Inc, North Carolina 59 Resources/Utilities August

Grass Valley 34 Arts/Media/Entertainment July

Hamilton Sundstrand, Windsor Locks 70 Aerospace/Defense August

Harborside Nursing Rehabilitation Center, West Baltimore 71 Community Services August

Hawker Beechcraft, Little Rock 170 Aerospace/Defense August

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 Q4 2012

Organization Total (approx) Industry Month

Page 17: U.S Employment Restructuring Report Q4 2012

Haworth Inc 40 Manufacturing August

HealthAlliance, Kingston New York 40 Health/Medical September

Hewlett Packard 100 Technology July

Hewlett Packard 2,000 Technology September

Hollywood Casino, Lawrenceburg Indiana 160 Arts/Media/Entertainment September

Honeywell 200 Technology July

Human Genome Sciences 114 Pharmaceutical September

Hyatt Regency Hotel, Dearborn Michigan 650 Tourism/Accommodation August

International Paper Co. San Antonio 117 Manufacturing August

Intuit Inc. 226 Banking/Finance July

J.C. Penney Co 350 Resources/Utilities July

Jack in the Box Inc 70 Transport/Logistics August

Jacksonville, Florida 74 Public Sector July

Jacksonville, Florida 150 Public Sector September

Jimmy Buffett’s Margaritaville Casino 200 Arts/Media/Entertainment September

Joy Global, Kentucky 45 Manufacturing September

JP Morgan Chase & Co, Jacksonville 74 Banking/Finance September

Juniper Networks 500 Technology September

Kansas Department of Transportation 40 Public Sector August

Keiser University 35 Education September

Kimble Manufacturing Co. New Philadelphia, Ohio 30 Manufacturing September

Kinetic Concepts 300 Health/Medical July

King County Roads Services Division, Washington 65 Public Sector August

Kodak 200 Technology September

Kodak 400 Technology September

Lands’ End, Dodgeville 199 Retail September

Lexmark 1,700 Technology August

Liberty Medical Inc, Port St Lucie 100 Health/Medical September

Lincoln Financial Group 130 Banking/Finance September

Liquidnet 30 Banking/Finance September

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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 Q4 2012

Organization Total (approx) Industry Month

Page 18: U.S Employment Restructuring Report Q4 2012

LM Wind Power, Grand Forks Plant 300 Manufacturing September

Lockheed Martin 50 Aerospace/Defense August

Lockheed Martin, Georgia 550 Aerospace/Defense August

Lockheed Martin, Salina 166 Aerospace/Defense July

Long Island College Hospital 150 Health/Medical July

Lovelace Health System 80 Health/Medical July

Matrix Medical Network 48 Health/Medical August

Media General 75 Arts/Media/Entertainment August

Memorial Health Care System 70 Health/Medical July

Miasole 200 Manufacturing August

Michigan 400 Public Sector July

Michigan Unemployment Insurance Agency 400 Insurance September

Mohegan Sun 300 Arts/Media/Entertainment September

Momentive Performance Materials Inc 285 Manufacturing July

Morgan Stanley 4,100 Banking/Finance July

Motorola Mobility 4,000 Telecommunications August

Nassau County, New York 200 Public Sector July

Navistar 200 Manufacturing September

New Elk Coal Mine, Colorado 200 Resources/Utilities July

Newton Energy Mine, Comfort 116 Resources/Utilities September

Nexteer Automotive, Michigan 70 Manufacturing September

Northrop Grumman Corp. 600 Aerospace/Defense September

Northrop Grumman Corp. Lafayette 35 Aerospace/Defense August

Northwest Community Healthcare 110 Health/Medical September

Northwestern Memorial Hospital 230 Health/Medical August

ON Semiconductor Corp 250 Manufacturing August

OneCARE Co. 99 Manufacturing August

Ormet Corporation, Burnside Louisiana 200 Manufacturing September

Ormet Primary Aluminum Corp. 30 Manufacturing July

Pacific Monarch Resorts Inc 64 Tourism/Accommodation August

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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 Q4 2012

Organization Total (approx) Industry Month

Page 19: U.S Employment Restructuring Report Q4 2012

Pacific Northwest National Laboratory 212 Science August

Paradise Valley Unified School District, Arizona 60 Education July

PBS Coals 225 Resources/Utilities July

PeaceHealth Lane County Operation 120 Health/Medical September

PEMCO World Air Services 64 Aviation August

PEMCO World Air Services 474 Aviation August

Philadelphia Housing Authority 300 Public Sector August

Philips Lightolier 30 Manufacturing September

Pierce Manufacturing 325 Manufacturing July

Pittsburgh Public Schools, Pennsylvania 280 Education July

Plexus Corp. 116 Manufacturing July

PopCap Games 50 Arts/Media/Entertainment August

Providence Hospitals 69 Health/Medical August

Provimi Foods, Seymour Wisconsin 50 Manufacturing July

Quad/Graphics of Sussex 50 Arts/Media/Entertainment August

Rambus 75 Technology August

Raytheon Fort Wayne, Indiana 30 Aerospace/Defense August

RealNetworks 80 Arts/Media/Entertainment August

Regal Beloit Springfield, Missouri 85 Manufacturing September

Revlon Inc 250 Manufacturing September

RIM 3,000 Telecommunications August

Rockwell Collins 142 Aerospace/Defense August

Rockwell Collins 90 Aerospace/Defense July

Rolls Royce, Mount Vernon, Ohio 32 Manufacturing September

Runnells Specialized Hospital, New Jersey 80 Health/Medical July

Ryder System 450 Transport/Logistics July

Saint Joseph East Hospitals, Lexington Kentucky 40 Health/Medical September

Saint Thomas Health System, Nashville 150 Health/Medical August

San Diego Courts, California 40 Public Sector September

Sanofi 900 Pharmaceutical September

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 Q4 2012

Organization Total (approx) Industry Month

Page 20: U.S Employment Restructuring Report Q4 2012

Schneider Electric 49 Engineering September

Schnitzer Steel Industries Inc 300 Manufacturing August

Science Applications International Corp. 200 Aerospace/Defense August

Sedgwick County Kansas 113 Public Sector July

Sentry Insurance 144 Insurance September

Sharp 3,000 Technology July

Shop Vac Corp. 200 Manufacturing August

Shriners Hospital for Children, Florida 30 Health/Medical August

Siemens 615 Technology September

Siemens Healthcare, Georgia 113 Health/Medical August

Siemens Industry Inc 150 Technology August

Siemens Industry Inc 38 Technology July

Sigma Aldrich Corp 200 Pharmaceutical July

Silgan Container Corp, Riverbank, California 1,300 Manufacturing September

Sitel Corp. Starkville 58 Business Services August

Solar Power Inc. 30 Energy August

Sony Mobile Communications 1,000 Telecommunications August

Sony Music Holdings Inc, Georgia 127 Arts/Media/Entertainment July

Sound Shore Medical Center and Mount Vernon Hospital 80 Health/Medical August

South Bend School District, Indiana 51 Education July

Southeastern Louisiana University 36 Education July

Southeastern Michigan Health Association 102 Health/Medical July

Southern California Edison, San Onofre 730 Resources/Utilities August

Space Systems/Loral Inc 90 Manufacturing September

St Jude Medical Inc 300 Health/Medical August

St. Lucie County Clerk, Circuit Court, Florida 10 Public Sector July

Stark & Roth LLC 58 Banking/Finance July

Supervalu 85 Retail August

Supervalu 39 Retail July

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 Q4 2012

Organization Total (approx) Industry Month

Page 21: U.S Employment Restructuring Report Q4 2012

SVTC Technologies, Texas 105 Technology September

Syndicate Systems, Middlebury 100 Manufacturing September

Sysco Corp. Houston, Texas 170 Technology September

Telefunken Semiconductors, Roseville California 85 Technology September

TeleTech 247 Telecommunications July

Tesco 50 Retail July

The Boston Globe 53 Arts/Media/Entertainment July

The Chicago Board Options Exchange 30 Banking/Finance September

The Daily iPad Digital Newspaper 50 Arts/Media/Entertainment July

The Demmer Corporation 200 Manufacturing September

The Marshfield Clinic 119 Health/Medical July

The Martin Agency 38 Arts/Media/Entertainment August

The Scooter Store 220 Retail September

The Statesman Journal 50 Arts/Media/Entertainment September

ThyssenKrupp 110 Engineering August

ThyssenKrupp Steel, Calvert Alabama 197 Engineering August

Trane in Tyler Texas 500 Manufacturing August

Transit Express Inc. 100 Community Services September

UCOR 41 Resources/Utilities September

Umass Memorial Health Care 140 Health/Medical September

Umatilla Chemical Agent Disposal Facility 34 Aerospace/Defense September

Unilever Owensboro Location 140 Service August

United Space Alliance 157 Aerospace/Defense September

United Space Alliance, Titusville 148 Aerospace/Defense July

United Technologies Corp 150 Aerospace/Defense August

Unity Health System 72 Health/Medical July

University of Georgia 130 Education September

University of New Orleans 130 Education August

University of Texas Medical Branch, Galveston 51 Education July

Vestas Brighton Colorado Plant 30 Manufacturing August

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

21 | employment restructuring report | united states edition Q4 2012

Organization Total (approx) Industry Month

Page 22: U.S Employment Restructuring Report Q4 2012

Vestas Wind Energy Plant, Pueblo 90 Manufacturing August

Vestas Wind Systems 1,400 Manufacturing August

Warm Springs Forest Products 93 Manufacturing September

Waste Management Inc. 700 Resources/Utilities July

Webroot Inc 30 Technology August

Westar Energy 50 Resources/Utilities August

Westchester Medical Center, New York 124 Health/Medical August

Western Digital, Fremont 80 Technology August

Willow Valley Inn & Suites, Lancaster County, Pennsylvania 175 Tourism/Accommodation September

Yale New Haven Hospital 200 Health/Medical July

Yoplait, Reed City 49 Manufacturing July

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

22 | employment restructuring report | united states edition Q4 2012

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 23: U.S Employment Restructuring Report Q4 2012

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 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

A Kelly SerVICeS rePOrT

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