But when small ones shed jobs, it is often because they go out of business.
The industry has also shed 150,000 jobs, or 35 percent of the work force, in the last decade.
He has already shed more than 40,000 jobs and reduced the number of companies from 170 to 100 in 18 months.
By July 2009, it had shed 1.2 million jobs in one year.
The company will shed 2,500 jobs and close some factories.
The company, which has shed 500 jobs, said that it might take further measures to cut costs.
American manufacturers have shed more than two million jobs in the last three years.
The company now plans to shed 14,000 jobs, or roughly 16 percent of its work force.
Unemployment is at record levels, and every week we hear of companies that are having to shed jobs or even close down.
From a high in 1987, the industry has shed more than 340,000 jobs to employ just over 200,000 people today.