Photographs: John Kolesidis/Reuters
Companies across the world are laying off workers as economic slowdown grips the global economy.
Let's take a look at some of the biggest layoffs in the world.
Source: Business Insider
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World's 20 biggest layoffs in 2011
Photographs: Thierry Roge/Reuters
Hewlett-Packard
Jobs lost (2011): 27,275
Per cent of employees cut: 7.8 per cent
Number of employees after cuts: 322,325
Global rank in cuts: 1
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World's 20 biggest layoffs in 2011
Photographs: Lucas Jackson/Reuters
American Airlines
Jobs lost (2011): 14,200
Per cent of employees cut: 17.7 per cent
Number of employees after cuts: 65,900
Global rank in cuts: 2
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World's 20 biggest layoffs in 2011
Photographs: Luke MacGregor/Reuters
Lockheed Martin
Jobs lost (2011): 10,000
Per cent of employees cut: 8.1 per cent
Number of employees after cuts: 113,000
Global rank in cuts: 3
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World's 20 biggest layoffs in 2011
Photographs: Toru Hanai/Reuters
IBM
Jobs lost (2011): 9,000
Per cent of employees cut: 2.1 per cent
Number of employees after cuts: 424,362
Global rank in cuts: 4
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World's 20 biggest layoffs in 2011
Photographs: Bogdan Cristel/Reuters
Pepsi
Jobs lost (2011): 8,700
Per cent of employees cut: 2.9 per cent
Number of employees after cuts: 288,300
Global rank in cuts: 5
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World's 20 biggest layoffs in 2011
Photographs: Mike Cassese/Reuters
Research In Motion
Jobs lost (2011): 5,000
Per cent of employees cut: 30.3 per cent
Number of employees after cuts: 11,500
Global rank in cuts: 6
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World's 20 biggest layoffs in 2011
Photographs: Jacques Brinon/Pool/Reuters
Jobs lost (2011): 4,000
Per cent of employees cut: 7.3 per cent
Number of employees after cuts: 50,604
Global rank in cuts: 7
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World's 20 biggest layoffs in 2011
Photographs: Fred Prouser/Reuters
Supervalu
Jobs lost (2011): 3,300
Per cent of employees cut: 2.5 per cent
Number of employees after cuts: 126,700
Global rank in cuts: 8
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World's 20 biggest layoffs in 2011
Photographs: Brendan McDermid/Reuters
Best Buy
Jobs lost (2011): 2,800
Per cent of employees cut: 1.7 per cent
Number of employees after cuts: 164,200
Global rank in cuts: 9
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World's 20 biggest layoffs in 2011
Photographs: Mansi Thapliyal/Reuters
Boeing
Jobs lost (2011): 2,160
Per cent of employees cut: 1.3 per cent
Number of employees after cuts: 169,540
Global rank in cuts: 10
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World's 20 biggest layoffs in 2011
Photographs: Alessandro Garofalo/Reuters
First Solar
Jobs lost (2011): 2,000
Per cent of employees cut: 28.6 per cent
Number of employees after cuts: 5,000
Global rank in cuts: 11
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World's 20 biggest layoffs in 2011
Photographs: Mario Anzuoni/Reuters
Yahoo
Jobs lost (2011): 2,000
Per cent of employees cut: 14.2 per cent
Number of employees after cuts: 12,100
Global rank in cuts: 11
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World's 20 biggest layoffs in 2011
Photographs: Steve Marcus/Reuters
Lexmark
Jobs lost (2011): 1,700
Per cent of employees cut: 12.7 per cent
Number of employees after cuts: 11,600
Global rank in cuts: 13
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World's 20 biggest layoffs in 2011
Photographs: Jonathan Ernst/Reuters
Kraft Foods
Jobs lost (2011): 1,600
Per cent of employees cut: 1.3 per cent
Number of employees after cuts: 124,400
Global rank in cuts: 14
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World's 20 biggest layoffs in 2011
Photographs: Shannon Stapleton/Reuters
Citigroup
Jobs lost (2011): 1,550
Per cent of employees cut: 0.6 per cent
Number of employees after cuts: 259,450
Global rank in cuts: 15
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World's 20 biggest layoffs in 2011
Photographs: Natalie Behring/Reuters
JC Penney
Jobs lost (2011): 1,350
Per cent of employees cut: 0.9 per cent
Number of employees after cuts: 154,650
Global rank in cuts: 16
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World's 20 biggest layoffs in 2011
Photographs: Robert Galbraith/Reuters
Cisco Systems
Jobs lost (2011): 1,300
Per cent of employees cut: 1.8 per cent
Number of employees after cuts: 70,525
Global rank in cuts: 17
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World's 20 biggest layoffs in 2011
Photographs: Jeff Zelevansky/Reuters
United Continental Holdings
Jobs lost (2011): 1,300
Per cent of employees cut: 1.5 per cent
Number of employees after cuts: 85,700
Global rank in cuts: 17
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World's 20 biggest layoffs in 2011
Photographs: John Gress/Reuters
Archer-Daniels-Midland
Jobs lost (2011): 1,200
Per cent of employees cut: 3.9 per cent
Number of employees after cuts: 29,500
Global rank in cuts: 19
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World's 20 biggest layoffs in 2011
Photographs: Mukesh Gupta/Reuters
Patriot Coal
Jobs lost (2011): 1,000
Per cent of employees cut: 23.2 per cent
Number of employees after cuts: 3,300
Global rank in cuts: 20
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