MORE jobs LOST
Posted in the Utica Forum
#1 Nov 8, 2012
Boeing Announces Big Layoffs in Defense Division
#2 Nov 8, 2012
— A Las Vegas business owner with 114 employees fired 22 workers today, apparently as a direct result of President Obama’s re-election
#3 Nov 9, 2012
Layoff bomb detonates; Large corporations join small businesses in announcing mass cuts
#4 Nov 9, 2012
It appears that the job market is also suffering. In the last 48 hours, the following major corporations have announced layoffs in America (links take you to news stories about the layoffs – with details from the companies):
• Energizer -
The St. Louis-based company said Thursday that it expects to shed about 1,500 employees. When finished, the restructuring should lead to $200 million in pretax yearly savings, Energizer said. It aims to have most of its restructuring steps finished by the end of September 2014.
• Westinghouse -
Westinghouse Anniston, the contractor responsible for shutting down Anniston’s chemical weapons incinerator, has reduced its workforce by another 50 employees.
• Research in Motion Limited -
Research in Motion Ltd., the maker of BlackBerry smartphones, laid off about 200 people at its U.S. headquarters in Irving on Wednesday, according to a source close to the company who did not want to be named.
• Lightyear Network Solutions -
More than one dozen employees at a Pikeville company lost their jobs this week. Officials with Lightyear Network Solutions said they are consolidating offices in Louisville and Pikeville to save money.
#5 Nov 9, 2012
and none of that was in the works before the election...amazing!...those execs must be geniuses...
#6 Nov 9, 2012
And all the defence contractor layoffs that obama forced not to be announced until after the election.
Way to go failure Obama.
#7 Nov 9, 2012
Welch Allyn, a company that manufactures medical diagnostic equipment in central New York, announced in September that they would be laying off 275 employees, or roughly 10% of their workforce over the next three years. One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law.
Dana Holding Corp.
As recently as a week ago, a global auto parts manufacturing company in Ohio known as Dana Holding Corp., warned their employees of potential layoffs, citing "$24 million over the next six years in additional U.S. health care expenses". After laying off several white collar staffers, company insiders have hinted at more to come. The company will have to cover the additional $24 million cost somehow, which will likely equate to numerous cuts in their current workforce of 25,500 worldwide.
One of the biggest medical device manufacturers in the world, Stryker will close their facility in Orchard Park, New York, eliminating 96 jobs in December. Worse, they plan on countering the medical device tax in Obamacare by slashing 5% of their global workforce - an estimated 1,170 positions.
In October of 2009, Boston Scientific CEO Ray Elliott, warned that proposed taxes in the health care reform bill could "lead to significant job losses" for his company. Nearly two years later, Elliott announced that the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas - to China.
In March of 2010, medical device maker Medtronic warned that Obamacare taxes could result in a reduction of precisely 1,000 jobs. That plan became reality when the company cut 500 positions over the summer, with another 500 set for the end of 2013.
A short list of other companies facing future layoffs at the hands of Obamacare:
Smith & Nephew - 770 layoffs
Abbott Labs - 700 layoffs
Covidien - 595 layoffs
Kinetic Concepts - 427 layoffs
St. Jude Medical - 300 layoffs
Hill Rom - 200 layoffs
Beyond the complete elimination of a significant number of American jobs is another looming problem
#8 Nov 9, 2012
I guess they followed Obama's orders to break the law and hold off passing out pink slips until after the election. Obama also promised to those companies that would break the law that the government will pay all legal fees and any monies awardedyet he still However, knowing that he is such a liar, I have a gut feeling that those lawsuits will be dismissed.
#9 Nov 9, 2012
It's coming! You voted for mass layoffs, skyrocketing taxes, forced to buy insurance or face a big fine, expensive gas and expensive food. I hope all the college people who came out to vote for Obama enjoy competing for a job at Walmart because your diplomas won't be worth the paper they are printed on. Don't ask a republican business owner to hire you after you stick it up their wazoo. I know plenty of private Democrat business owners that won't hire you because of color or sexual orientation and many don't have unions. You were all used and were dumb enough to help usher in the recession. So while your kids go hungry ask yourself what is Sasha & Malia eating tonight cause it won't be rice.
Doesn't matter what your skin color is, your gender, your age, your religion, your sexual orientation...we are all going down. The stars and stripes will be replaced by the red flag and yellow stars.
#10 Nov 9, 2012
I like Walmarts...
#11 Nov 9, 2012
Great! Make sure you're the first to purchase one of those red flags with the 5 yellow stars...cha ching!!
#12 Nov 9, 2012
Will it be made in the USA?...since ours are made in China...
#13 Nov 10, 2012
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