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Companies that did the most firing

Ranked by announced plans, according to Challenger, Gray & Christmas

Companies that did the most firing
1
Bank of America
36,000
Job cuts:

2
Borders
16,745
Job cuts:

3
Merck
12,500
Job cuts:

4
Cisco Systems
6,950
Job cuts:

5
Wells Fargo
3,351
Job cuts:

6
Lockheed Martin
3,200
Job cuts:

7
Medtronic
2,100
Job cuts:

Source: Sources: Challenger, Gray & Christmas
Notes: Job cuts include positions eliminated through buyouts, early-retirement packages, and attrition.