New York City came in second with 14, 600 pink slips in mass layoffs during the quarter.
"For many this will be a major wound, we'll see immediate mass layoffs and closures, " he said.
And of those 210 manufacturing mass layoffs, 36% of employers expect to rehire some of the displaced workers.
There were 1, 077 mass layoffs nationwide in the first quarter of 2012, which cost 182, 101 workers their jobs.
Only 4% of the mass layoffs last quarter involved 500 or more people.
When recessions hit, the result is often mass layoffs, resulting in high unemployment.
South Korea President Kim Dae Jung is taking care with industrial restructuring rather than confronting powerful unions opposed to mass layoffs.
In California, 308 mass layoffs in the private sector (defined as 50 workers of more by a single employer) affected 55, 085 people.
Daily announcements of start-up closures, mass layoffs and postponed IPOS aren't helping.
Rather than assaulting government workers, these reforms avoided mass layoffs and allowed school districts to maintain and in some cases even reduce class sizes.
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Los Angeles ranks No. 1 with mass layoffs affecting 24, 286 employees.
If your company is in the red, and mass layoffs abound, you should probably put off your request for more money until business begins to stabilizes.
But companies that focus strictly on the US consumer have suffered due to the housing bubble popping in 2008 and the subsequent credit crunch and mass layoffs.
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Children whose fathers went through mass layoffs in the 1982 recession ended up with 9% lower earnings than similar children whose fathers didn't experience the job cuts.
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Airline mergers are usually about cutting: Hub closings, mass layoffs.
The San Diego, San Jose and Sacramento areas are all close behind, with at least 3, 000 people losing their jobs in mass layoffs in each of these metro regions.
While the mass layoffs may help the company improve profitability and help Nortel better target sales, the company may see even more benefit from the firing of just seven executives.
At the state level, California had the most mass layoffs with 115, 014 workers let go, followed by Michigan with 46, 817, Illinois with 41, 887 and Texas with a more modest 33, 005.
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San Francisco ranks fourth with 7, 000 mass layoffs, including hits to its information technology industry, where employment was down 5.5% year over year, and local manufacturing, which lost 4% of its jobs.
Charting a different course than the rest of the nation--as it so often does--California shrugged off the budding economic recovery and led the United States in mass layoffs in the first quarter of 2010.
However, he points out that this time, manufacturing companies and workers are seeking short-term working and pay freeze agreements in order to retain skilled workers, in contrast to the mass layoffs in the 1980s.
Mass layoffs have been the theme of the season: The most recent companies to issue pink slips are industrial conglomerate Textron and IT services company Unisys -- together they dismissed 3, 500 people this week.
OnLive has finally issued an official statement after rumors of mass layoffs first leaked out earlier today, confirming that its assets have been acquired into a newly-formed company with what it claims is "substantial" financial backing.
According to the U.S. Bureau of Labor Statistics, the number of layoff actions fell 29% from the same three-month period last year, and dropped 56% from the last quarter of 2012 when there were 2, 123 mass layoffs in the private sector.
So, when the most recent president Bush signed a tax holiday on foreign cash reserves, telling himself and others it would spur investment and employment, it should have been no surprise that companies instead used the cash for stock buybacks, dividends and takeovers, which typically result in mass layoffs.
For now Moynihan is clearly banking on cost-saving measures associated with mass layoffs to help convince stock market investors that Bank of America is headed in the right direction and can deal with the current low-interest rate environment, mortgage-related legacy issues and new international banking capital requirements that Moynihan said were the biggest challenges facing his bank.
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