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Pink Slips
Layoff Tracker Update: April 1, 2004 
The latest job cuts at Forbes 500s companies: Memphis, Tenn.-based National Commerce Financial (nyse: NCF - news - people ) said is reducing its staff by 36 to lower costs in its Central Carolina Bank offices. The cuts represent less than 1% of the company's 5,600 employees. Toledo, Ohio-based Dana (nyse: DCN - news - people ) said it was cutting 146 jobs at its auto parts plant in Dry Ridge, Ky. The layoffs make up less than 1% of the company's 45,000 employees. Hartford, Conn.-based United Technologies (nyse: UTX - news - people ) said it was cutting 100 jobs, or less than 1% of its workforce, in its subsidiary, Sikorsky Aircraft, after the cancellation of a contract for the Comanche helicopter. The aerospace firm employs about 200,000. Madison, N.J.-based Wyeth (nyse: WYE - news - people ) said it was laying off 440 workers, less than 1% of its staff, as it prepares to close a plant in Marietta, Pa. The pharmaceutical company employs about 52,000 worldwide. Date | Company | No. Of Layoffs | % Of WorkforceMarch 26 | National Commerce Financial | 36 | Less than 1%National Commerce Financial On The Forbes 500sMarch 26 | Dana | 146 | Less than 1%Dana On The Forbes 500sMarch 25 | United Technologies | 100 | Less than 1%Can United Tech Win The Boeing Contract?United Technologies On The Forbes 500s March 25 | Wyeth | 440 | Approximately 1%Neurological Drugs To WatchWyeth On The Forbes 500s More LayoffsLayoffs Since Jan. 1, 20032002 Layoff Tracker Archive 2001 Layoff Tracker Archive
Dow Jones Replaces Three Stocks In DJIA - 4/1/04 10:27:00 AM ET AIG, Pfizer and Verizon Communications will replace AT&T;, Kodak and International Paper. Shell Knew Estimates Too Rosy In 2000 - 4/1/04 5:37:43 AM ET Royal Dutch/Shell execs reportedly knew as early as 2000 that the company's projections were optimistic. Sony Sues Kodak Over Camera Patents - 4/1/04 2:01:32 AM ET Suit intensifies the fight between the two companies in the cutthroat digital camera market. Oil Slips, Traders Doubt OPEC Compliance - 4/1/04 6:48:47 AM ET Oil prices fell as scepticism deepened that OPEC agreement to curb supply would tighten up market. U.S. Plans Radar Sale To Taiwan - 4/1/04 12:22:27 AM ET The $1.78B deal is bound to infuriate China, which considers island neighbour a runaway province. Subscriptions >
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