Given the rumor of the massive IBM layoffs I decided to pull some others and see how it compared. Surprisingly, the next highest was also at IBM - but in 1993. On one hand, it’s odd to see this pattern as if they’ve learned nothing. On the other, it’s a sign that they acknowledge the problem and are willing to adapt. Since the 1993 layoff IBM’s stock price increased over 950% and this round may provide another burst.

On a side note, the largest layoffs are available online but I wasn’t able to find a non ad-ridden, non-paginated table so hopefully others find these useful.

Number Company Year Layoffs
1 IBM 1993 60,000
2 Sears 1993 50,000
3 Citigroup 2008 50,000
4 General Motors 2009 47,000
5 AT&T 1996 40,000
6 Ford 2002 35,000
7 Boeing 2001 31,000
8 USPS 2010 30,000
9 Bank of America 2011 30,000
19 HP 2012 27,000
11 Daimler Chrysler 2001 26,000

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