Nokia Siemens chief executive Rajeev Suri described the planned layoffs as "regrettable but necessary".
For July, job cuts were led by employers in this sector, at 6, 156 planned layoffs during the month.
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But fundamentals, such as rising planned layoffs and weak retail sales, along with the specter of the sequester, could cause a negative surprise.
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HP's stock has been enjoying a recent upswing under a fresh round of cost cutting, including over 14, 000 planned layoffs, from new CEO MarkHurdMark Hurd.
Planned layoffs fell at U.S. firms fell in December, with 32, 556 job cuts announced by employers, according a report from consultants Challenger, Gray and Christmas.
HP's stock has been enjoying a recent upswing under a fresh round of cost cutting, including over 14, 000 planned layoffs, from new CEO Mark Hurd .
Meanwhile, the number of planned layoffs hit a 20-month low in August, as employers announced 32, 239 planned job cuts last month, according to Challenger Gray and Christmas.
In overnight trading the U.S., Chinese solar energy stocks swooned on reports that solar materials maker LDK planned layoffs as it faces high debt (see story here).
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Noting that Q1, with 130, 749 announced cuts, recorded the lowest number of planned layoffs in the first three months of a year since 1995, when 97, 716 jobs were cut.
FORBES: Ahead Of Friday's Employment Report: Q1 Job Cuts Fall To Lowest Since '95
At the same time planned layoffs reached a 16-month high while the private sector added 114, 000 jobs in June, most of them in the small business and the services sector.
Earlier this year, the company announced 4, 000 planned layoffs.
It was good news all around for the job market as we saw a drop in claims, a surge in private sector jobs, and a decline in the number of planned layoffs.
Reaching its highest level since March 2010, the number of planned layoffs was up 32% from January and 20% from February 2010, marking the first year-over-year increase in monthly job cuts since mid-2009.
As markets digest the positive surprise provided by the ADP employment numbers, which showed that 217, 000 private sector jobs were added to the economy ahead of the all-important non-farm payroll report by the Labor Department on Friday, planned layoffs reached an 11-month high on February, with the number increasing for a second consecutive month, giving investors reasons to be concerned.
Factoring in all the layoffs already planned and those to come, I estimate the number would be close to 75, 000, with most of those job losses in Michigan and other Rust Belt states with GM plants.
Shuanghui said no layoffs or plant closures were planned and that Mr. Pope would continue to run the U.S. operations.
Valve head Gabe Newell says the company isn't stopping any planned hardware initiatives, despite reports of layoffs at the company and the news that hardware lead Jeri Ellsworth was fired.
Cuts are planned across the board including teacher furloughs and layoffs, staffing cuts, reduced services and elimination of bus and other transportation for students.
Other Los Angeles-area companies announcing layoffs during the quarter included Sony Pictures, with 228 job cuts planned, and Boeing, with 200.
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