Author Topic: Layoff announcements since election  (Read 15389 times)

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Layoff announcements since election
« on: November 09, 2012, 12:25:30 PM »

Offline angryguy77

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Sounds like the business community received a shot of confidence since the election :-\




Quote
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.

Providence Journal -

    The Providence Journal Co. laid off 23 full-time workers Wednesday as part of a cost-cutting effort, including 16 members of the Providence Newspaper Guild and 7 non-union employees.

     

• Hawker Beechcraft -

    The company says 240 employees will lose their jobs with the closing of Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio, Texas.

 

• Boeing (30% of their management staff) -

    Boeing Co. said Wednesday it plans to employ 30% fewer executives at its Boeing Defense, Space & Security unit by the end of 2012 compared to 2010 levels.

     

• CVPH Medical Center -

    CVPH Medical Center has handed pink slips to 17 employees. The layoffs — nine in management and eight hourly staffers — are part of an effort to “help bolster the hospital’s financial position in 2013 and beyond,” a press release said.

     

• US Cellular -

    The move will result in 980 job cuts at U.S. Cellular, with 640 in the Chicago area, according to a spokeswoman. The cuts are slightly under 12 percent of the approximately 8,400 total employees U.S. Cellular had at the end of the third quarter.

     

• Momentive Performance Materials -

    About 150 workers at Sistersville’s Momentive Performance Materials plant will be temporarily laid off later this month, officials said this week.

     

• Rocketdyne -

    About 100 employees at Pratt & Whitney Rocketdyne, most of whom work in the San Fernando Valley, were laid off Wednesday in response to dwindling government spending on space exploration, the company said. The layoffs were effective immediately, and 75 percent of them came at the facilities on Canoga and De Soto avenues, which employ about 1,100 people. The company has six sites across the Valley.

 

• Brake Parts -

    The leader of an automotive parts plant in Lincoln County has told state officials that there are plans to lay off 75 workers starting in late December…The layoffs are expected to start Dec. 28 and continue in the first quarter of 2013

• Vestas Wind Systems -

    Vestas Wind Systems A/S (VWS) is seeking to sell a stake of as much as 20 percent and said it’s reducing headcount by 3,000 to raise the staff cuts by the biggest wind turbine maker to almost a third over two years.

 

• Husqvarna -

    Husqvarna AB (HUSQB), the world’s biggest maker of powered garden tools, plans to cut about 600 jobs in a move that will save 220 million kronor ($33 million) a year by 2014.

 

• Center for Hospice New York -

    The Center for Hospice and Palliative Care plans to temporarily lay off as many as 40 employees next year as it embarks on a major renovation of the inpatient unit at its Cheektowaga campus.

 

• Bristol-Meyers -

    Bristol-Myers Squibb is following up its lackluster third-quarter results with almost 480 layoffs. As Pharmalot reports, the company notified the New Jersey government that it would scale back in Plainsboro, which means the cuts will hit its sales operations.

 

• OCE North America -

    Trumbull printer- and scanning-equipment provider Oce North America, Inc. will lay off 135 workers in three Connecticut communities, including East Hartford, according to its notice with the state Labor Department.

 

• Darden Restaurants -

    The company, which was among those who had received an Obamacare waiver in the past, is looking to limit workers to 28 hours per week. A full time employee that is required to have health insurance (lest the employer pay a fine) works 30 hours per week, as defined by the Obamacare law.

 

• West Ridge Mine -

    In its statement, UtahAmerican Energy blames the Obama administration for instituting policies that will close down “204 American coal-fired power plants by 2014″ and for drastically reducing the market for coal.

 

• United Blood Services Gulf -

    United Blood Services Gulf South region, the non-profit blood service provider for much of south Louisiana and Mississippi, will lay off approximately 10 percent of its workforce. It was a hard decision to make according to Susan Begnaud, Regional Center Director for the Gulf South region.

Re: Layoff announcements since election
« Reply #1 on: November 09, 2012, 12:29:23 PM »

Offline Interceptor

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Sounds like the business community received a shot of confidence since the election :-\
Sounds like a non sequitur. RIM, for example, has been shooting itself in the foot for years now, and their failure has nothing whatsoever to do with Obama.

Re: Layoff announcements since election
« Reply #2 on: November 09, 2012, 12:32:16 PM »

Offline angryguy77

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Sounds like the business community received a shot of confidence since the election :-\
Sounds like a non sequitur. RIM, for example, has been shooting itself in the foot for years now, and their failure has nothing whatsoever to do with Obama.

Sounds like ignoring reality to me. Viva recovery!

Re: Layoff announcements since election
« Reply #3 on: November 09, 2012, 12:33:18 PM »

Offline Bombastic Jones

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Providence Journal is laying off?  If only Mitt had won those newspaper jobs would have been safe!   ;)

I think most predictions see continued job growth and reducing unemployment.

Re: Layoff announcements since election
« Reply #4 on: November 09, 2012, 12:40:19 PM »

Offline Interceptor

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Sounds like the business community received a shot of confidence since the election :-\
Sounds like a non sequitur. RIM, for example, has been shooting itself in the foot for years now, and their failure has nothing whatsoever to do with Obama.

Sounds like ignoring reality to me. Viva recovery!
Please explain to this poster why blaming RIM's failure on RIM's idiocy, is "ignoring reality".

Re: Layoff announcements since election
« Reply #5 on: November 09, 2012, 12:45:01 PM »

Offline Rondo2287

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Sounds like the business community received a shot of confidence since the election :-\
Sounds like a non sequitur. RIM, for example, has been shooting itself in the foot for years now, and their failure has nothing whatsoever to do with Obama.

Sounds like ignoring reality to me. Viva recovery!
Please explain to this poster why blaming RIM's failure on RIM's idiocy, is "ignoring reality".

Well it does seem like strange timing considering how long they have been shooting themselves in the foot as you mentioned and considering they will be releasing a product that they have been developing for the past 1.5 years in early 2013
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Re: Layoff announcements since election
« Reply #6 on: November 09, 2012, 12:46:43 PM »

Offline Celtics4ever

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I know Coal Companies laid off people right after the election.

Re: Layoff announcements since election
« Reply #7 on: November 09, 2012, 12:47:32 PM »

Offline Donoghus

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Sounds like the business community received a shot of confidence since the election :-\
Sounds like a non sequitur. RIM, for example, has been shooting itself in the foot for years now, and their failure has nothing whatsoever to do with Obama.

Sounds like ignoring reality to me. Viva recovery!

Sounds like ignoring the business section of the paper for quite some time to me.

Otherwise, you'd realize that RIM has been on the downswing for quite some time now and that notion has been easily accessible for wh now. 

I guess Groupon's downward spirial should be blamed on Obama too.  Nothing to do with poor business planning or decision making whatsoever.


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Re: Layoff announcements since election
« Reply #8 on: November 09, 2012, 12:48:36 PM »

Offline Bombastic Jones

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I know Coal Companies laid off people right after the election.

http://www.reddit.com/r/IAmA/comments/12wyyn/yesterday_i_was_laid_off_because_president_obama/

the talking squirrel thing cracked me up.

Re: Layoff announcements since election
« Reply #9 on: November 09, 2012, 12:49:07 PM »

Offline CapnDunks

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Politically charged environment right before election probably means that layoffs would draw more attention and backlash. Better to wait until afterward when there's a better chance of keeping it relatively quiet.

Re: Layoff announcements since election
« Reply #10 on: November 09, 2012, 12:49:07 PM »

Offline angryguy77

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Sounds like the business community received a shot of confidence since the election :-\
Sounds like a non sequitur. RIM, for example, has been shooting itself in the foot for years now, and their failure has nothing whatsoever to do with Obama.

Sounds like ignoring reality to me. Viva recovery!
Please explain to this poster why blaming RIM's failure on RIM's idiocy, is "ignoring reality".

Please reread said poster's replay and understand that he used one business as an example, and a tired line(non sequitur) to point out that the list I provided is meaningless.

Re: Layoff announcements since election
« Reply #11 on: November 09, 2012, 12:49:57 PM »

Offline Donoghus

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CelticsBlog has no plans for layoffs at this time.

Thank god.  The lost earnings would really put a dent in my finances.  ;)


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Re: Layoff announcements since election
« Reply #12 on: November 09, 2012, 12:53:17 PM »

Offline Bombastic Jones

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Sounds like the business community received a shot of confidence since the election :-\
Sounds like a non sequitur. RIM, for example, has been shooting itself in the foot for years now, and their failure has nothing whatsoever to do with Obama.

Sounds like ignoring reality to me. Viva recovery!
Please explain to this poster why blaming RIM's failure on RIM's idiocy, is "ignoring reality".

Please reread said poster's replay and understand that he used one business as an example, and a tired line(non sequitur) to point out that the list I provided is meaningless.

So if we find 20ish companies that are hiring does that cancel out your list?

http://www.monster.com/

Re: Layoff announcements since election
« Reply #13 on: November 09, 2012, 12:53:31 PM »

Offline Rondo2287

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Jimmy Johns is increasing sandwich prices by $.50 per sandwich to cover healthcare costs for employees
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Re: Layoff announcements since election
« Reply #14 on: November 09, 2012, 01:00:04 PM »

Offline InfiniteMH

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We're going to take this country and drive it straight to hell because God works in mysterious ways.



Enjoy the ride.