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More Baton Rouge Job Cuts

Reported by Logan Leger on Wed, May 20th, 2009 in News and tagged: , , ,

Yesterday, The Advocate the termination of 49 jobs due to economic circumstances. Today, Capital One Bank is announcing the loss of 180 Baton Rouge jobs. Albemarle, Baton Rouge’s Fortune 1000 company, also cut 351 jobs, but it’s unclear how many are Baton Rouge-based. However, they continue to employ about 650 people in Baton Rouge.

This brings the total job loss this week to 229.

It’s sad to see these jobs go, and we wish our fellow Baton Rougeans luck in finding new employment.

It’s strange seeing these new jobs losses amid job growth in the past few months. Here’s to hoping that these are isolated events and not the beginnings of a trend.

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One Comment

  1. Baton Rouge Adds More Jobs, Shaw Group Gets Homeland Security Contact — the Baton Rougean says:
    May 27, 2009 at 2:29 pm

    [...] lost 2,100 in March over 2008. Of course, this isn’t much of a surprise. Earlier this month, we reported the loss of jobs by several major firms in Baton Rouge. Now, it’s clear that the national recession is finally catching up to Louisiana. It’s [...]

    Reply

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