World's 20 biggest layoffs in 2011

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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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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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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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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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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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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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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Google

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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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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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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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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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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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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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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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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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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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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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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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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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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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