The Layoff Kings: The 25 Companies Responsible for 700,000 Lost Jobs

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Between December 2007 (when the recession officially began) and last month, more than 8 million Americans have lost their jobs, according to the government. Of those job losses, 700,000 stem from layoffs at just 25 companies, according to 24/7 Wall Street’s analysis of data from employment consulting firm Challenger, Gray & Christmas. Here is the list:

1. General Motors

Number of jobs cut since recession began: 107,357

2. Citigroup

Number of jobs cut since recession began: 73,056

3. Hewlett-Packard

Number of jobs cut since recession began: 47,540

4. Circuit City Stores

Number of jobs cut since recession began: 41,495

5. Merrill Lynch

Number of jobs cut since recession began: 40,650

6. Verizon Wireless

Number of jobs cut since recession began: 39,000

7. Pfizer

Number of jobs cut since recession began: 31,771

8. Merck & Co.

Number of jobs cut since recession began: 24,400

9. Lehman Brothers

Number of jobs cut since recession began: 23,340

10. Caterpillar

Number of jobs cut since recession began: 23,024

11. JPMorgan Chase

Number of jobs cut since recession began: 22,852

12. Starbucks

Number of jobs cut since recession began: 21,316

13. AT&T

Number of jobs cut since recession began: 18,401

14. Alcoa

Number of jobs cut since recession began: 17,655

15. Dow Chemical

Number of jobs cut since recession began: 17,530

16. DuPont

Number of jobs cut since recession began: 17,000

17. Berkshire Hathaway

Number of jobs cut since recession began: 16,900

18. Ford Motor

Number of jobs cut since recession began: 15,912

19. KB Toys

Number of jobs cut since recession began: 15,100

20. United States Postal Service

Number of jobs cut since recession began: 15,000

21. DHL Express USA

Number of jobs cut since recession began: 14,900

22. Sprint Nextel

Number of jobs cut since recession began: 14,500

23. Sun Microsystems

Number of jobs cut since recession began: 14,000

24. Boeing

Number of jobs cut since recession began: 13,715

25. Chrysler

Number of jobs cut since recession began: 13,672

source: dailyfinance

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