Boomers International Web Site:
http://boomersint.org/

LAYOFFS

Statistics That Affect Our Life

Data about layoffs and reduction-in-force in the US.*

When

What Company

Total Employees

Laid Off Employees

%

Locations

Type of Job

Reasons

3/14/97

Apple Computer
(AAPL)

13,000+

3,000

23%

USA

All

Economics

4/14/98

Silicon Graphics

10,000

1,000

10%

USA

ALL

Restructuring,
Save $200M.

1/15/98

Seagate Technology, Inc.

110,000

10,000

10%

World Wide
Mostly Overseas

ALL

Restructuring,
Marketshare Declined

3/14/97

Motorola Corp.

139,000

15,000

10%

USA

ALL

Market

1998

Western Digital Corp.

13,500

4,000

22%

USA

ALL

Market

1998

Komag Inc

5,000

480

10%

USA

ALL

Restructuring,
Market

1998

Stor Media Inc.

3,000

300

10%

USA

ALL

Restructuring,
Save $200M.

4/14/1998

Intel

60,000

3,000

5%
(*)

Worldwide

Contractors
All

Market Slow Down

   

Total Layoffs

0

     

(*)Denotes Layoffs, Attrition and Hiring Freeze
Information deemed reliable but not guaranteed

Contact: Jeri Maier   Email: [email protected]               PAGE TWO

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