LayoffWatch
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Welcome to LayoffWatch, the only site on the Web that we could locate that connects layoffs to how much money these companies and CEOs are actually making.
We offer the 52-page electronic booklet, "No More Layoffs: How to Work For a Workplace that Works For All of Us." The booklet is by Kevin J. Shay, shown at right holding an appropriate sign, a former Dallas Morning News reporter who was laid off in October 2001 after almost a decade at his former company. We also provide a tracking service to tell what your company made in the years and quarters before, during, and after it laid off workers. And we release quarterly reports listing major layoffs and the profits of those firms.
Have you been laid off yourself? Do you suspect your former company was not being entirely honest in telling you why the layoffs were necessary? Or are you a layoff survivor and think your company is really doing fine financially and is just greedy?
If so, read on.....
LayoffWatch Reports
Click on the following months to be sent to a site listing corporate layoffs announced during that quarter, how much profit that company made in recent and subsequent years, and how much the top company officer made.
January-March 2002
October-December 2001
July-September 2001
April-June 2001
January-March 2001
No More Layoffs: How to Work For a Workplace that Works For All of Us
Author: Kevin James Shay
Year Published: 2002
Pages: 52
E-book Price: $5.00
ISBN: 1-881365-79-4
One of the most overlooked stories of 2001 involved how many companies making huge layoffs made good profits at the same time. For example, New York-based financial firm Citigroup Inc. said it would slash 7,800 jobs in November 2001 after making $10.3 billion in the first nine months of 2001, $13.5 billion in 2000, and $9.9 billion in 1999. Citigroup went on to record a $14.1 billion profit in 2001.
The trend has continued especially in 2008 and early 2009. The national net job loss, which measures losses due to layoffs, attrition and other factors versus added jobs, reached about 600,000 in January 2009 from December 2008, according to the U.S. Labor Department. That was the worst single-month loss since 1974. Planned layoffs themselves hit almost 242,000 in January 2009, the largest monthly number in seven years, according to Challenger, Gray and Christmas.
This booklet outlines what can be done by individuals, politicians, and businesses to help change the climate that allows such excesses. Among the 2 million to 2.5 million people laid off in 2001 - an enormously high number compared to recent previous years - was the author who had worked as a reporter for The Dallas Morning News and related Belo Corp. newspapers for almost ten years. It's understandable to get mad after you're laid off, but it's also important to work for an environment where such layoffs are nonexistent. And it's important for those who survive layoffs to work for such an environment because you could be next.
To order this e-booklet, click on the Amazon.com or Paypal button, make your payment for $5.00, then email us at LayoffWatch. We will email you back the Web page where the book can be read. If you do not want to use a credit card through Amazon.com or Paypal, you can make arrangements to send a check made out to Shay Publications by emailing us at LayoffWatch.
The book is also available as print-on-demand [POD] for $6.45, which includes shipping. For a POD version, you can pay through Amazon.com or Paypal and send us an email with your address, or make arrangements to send a check by emailing us.

Do you wonder if your company is really telling you the truth, that it is in dire financial straits and has to make layoffs?
Do you want to know what your company made in recent years? This information can be used by you to file federal and local complaints against your company and perhaps gain more money in a better severance package if you are laid off.
For an investigative financial report on your company, which includes profit statements in recent years, how much top officers made, links to media articles, and other information on the company, make a $5 payment through Amazon.com or Paypal. Then email us at LayoffWatch and include the name and city of the company you want investigated. You can also make arrangements to mail a check by emailing us at the above address.
For questions and comments about LayoffWatch, the booklet, and this Web site, email us at LayoffWatch.
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