Thursday, January 29, 2009

Summary of the layoffs reported today from the Oregonian

Electro Scientific Inc. said this afternoon that it will reduce its work force by 12 percent during the current quarter in the face of a huge decline in sales.
ESI employed about 700 people before its latest layoffs, roughly half of them at its headquarters just west of Portland. It wasn't immediately clear how many of the latest cuts will be in Oregon.

Tektronix is taking an unusual measure to preserve jobs: Everyone is getting a 10 percent pay cut indefinitely. Here's the company's statement:
Tektronix announced to employees on January 29 that the Company will be implementing several cost saving measures in an effort to save jobs in this unprecedented economic environment. For the U.S. workforce, effective February 8 Tektronix will implement a 10% salary reduction to base pay.

Cessna Aircraft Co.,
which has a manufacturing site in Bend, said today it plans to lay
off another 2,000 workers, or about 13 percent of its work force, as the slumping worldwide economy is forcing more customers to cancel or delay orders for new aircraft.
The manufacturer earlier had announced 2,600 job cuts. The combined 4,600 layoffs are expected to be completed by the end of March, with the company's headquarters in Wichita losing about a third of its work force and its Bend plant losing nearly two-thirds of its staff. Cessna employs about 15,000 people worldwide.