The Mayhem so far....

Well.... its been happening in bulk lately result of a doldrum called recession. It started long back but the real trigger happened with Lehmann Brothers episode. It has many names: job cuts, layoffs, downsizing etc..etc..

Bodycount so far:

Pepsi Bottling Group: 3,150
HSBC: 1,100
Citigroup: 52,000
Fidelity Investments: 3000
RBS: 3000
Sun Microsystems: 6,000
BT: 10,000
Morgan Stanley: 19% of 44,000
Virgin: 2,200
Nokia-Siemens: 1820
Volvo: 6000
DHL US: 9,500
NNC: 1,300
GM: 3,600
Ford: 2,600
Corus: 400
American Express: 7000
Bank of America: 7,500
DBS: 900
New York City: 3000
AMD: 500
Goldman Sachs: 3200
GlaxoSmithKline: 1000
Jaguar Land Rover: 400
Nokia: 600
HP: 24600

TCS: 1000
IBM: 700+
Wipro: 1000
Hewitt Associates: 200+ (rumoured)
Accenture: 150+
Capegemini: 700

The list is long.
Survival of the fittest as they say...!!I Hope the situation improves soon.!!