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News & Politics News & Politics

obama causes thousands of job layoffs

Posted by on Nov. 9, 2012 at 6:09 PM
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HOW MANY BUSINESSES HAVE ANNOUNCED CLOSINGS OR LAYOFFS SINCE OBAMA WON A SECOND TERM?

Editor’s note: We’ll be discussing this story and all the day’s political news on our live BlazeCast at 1:30pm ET:

Do elections have consequences? If you have been paying attention to the financial markets, you might think so. Wall Street has had two horrible days since President Obama won a second term.

However, stock prices are not the only thing taking a hit. 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.

 

• Exide Technologies -

Exide Technologies announced Thursday that it will be idling its lead-recycling operations in Laureldale and laying off 150 workers, effective no later than March 31.

 

 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.

 

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.

 

by on Nov. 9, 2012 at 6:09 PM
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gsprofval
by Gold Member on Nov. 9, 2012 at 6:12 PM
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 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.

 

gsprofval
by Gold Member on Nov. 9, 2012 at 6:14 PM
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 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 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.

 

gsprofval
by Gold Member on Nov. 9, 2012 at 6:15 PM
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 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.

gsprofval
by Gold Member on Nov. 9, 2012 at 6:29 PM

Some comments on this story:

ONE.DAKINE.HOWLIE

Posted on November 8, 2012 at 11:14pm

Dea Blaze,

Please include West Ridge Coal Mine here in Utah. They laid off 201 workers today. In their statement to employees they specifically pointed to the re-election of Barack Obama as the reason for the decision to do so.

VPEVA1

Posted on November 8, 2012 at 11:36pm

My husband took a chance this May and sold our business. We were not sure about Obamacare and now we are SO glad we did. It would have put us out of business. We have about 100+ employees that would have lost their jobs. The larger company that bought us out will now have to figure it out. Hope they can.

COLT1860

Posted on November 9, 2012 at 12:30am

Obama’s Marxist plan is working. He wants to create more Government jobs, thus ensuring Government gets bigger, which will result in higher taxes in order to pay for the wages of Government employees, who will belong to leftist public unions. More people will need Government programs, as there won’t be private sector jobs for them, and they will have to rely on Government cheese to survive. Government will then be exalted and praised as our bread maker. The Government will grow in power and ensure that private property and private rights are never fully exercised by citizens, thus rising the collective about the individual. This will result in a socialist society which will have lost all sense of dependency on ones own talent and rights to survive, creating a state of perpetual bondage. The citizens will further be subjugated to a godless agenda through the use of a Marxist media, including news networks, music, movies, books, and clothing fashions. Society will break down and ultimately accept communism through consent. A few KGB and Jesuits warned us of their Masters hidden plans and we ignored them. America is doomed, and we will not be protected from above. We will be destroyed for lack of knowledge, and for our rebellion against our Creator.

 

GENZAI_BAKUDAN

Posted on November 9, 2012 at 7:38am

“A partial plant shutdown previously announced in Decatur, where mining trucks are manufactured, will take place one week in November and all of December, according to media reports.”
From the Chicago Sun Times

Caterpillar which is the 46 biggest company in America.
http://money.cnn.com/magazines/fortune/fortune500/2012/snapshots/81.html

Layoff bomb detonates; Large corporations join small businesses in announcing mass cuts

http://twitchy.com/2012/11/08/layoff-bomb-detonates-large-corporations-join-small-businesses-in-announcing-mass-cuts/

http://www.dailyjobcuts.com/

 

 

gsprofval
by Gold Member on Nov. 9, 2012 at 6:32 PM

Layoff bomb detonates; Large corporations join small businesses in announcing mass cuts
Posted at 7:14 pm on November 8, 2012 by Twitchy Staff | View Comments

45 companies announce layoff's in the past 48 hours! This is what the people wanted! The people have spoken!

Earlier today, Twitchy related some heartbreaking stories of small business owners laying off workers to avoid the economic impact of the Obamacare tax that isn't a tax. Comedian Jon Lovitz, a small business owner himself, was no barrel of laughs either as his timeline filled with stories of impending downsizing. So, what about those big corporations? Boeing's defense division announced yesterday it would cut 30 percent of management staff, and the company was not alone, we're learning.

IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS: Westinghouse, Research in Motion, Boeing, US Cellular, Commerzbank, Iberia, ING, (cont)-
(@Dark_Red_Hair) November 08, 2012

IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS (cont): Ericsson, Bristol-Myers, corning, Boston Scientific, Abbott Labs, St. Jude, (cont)-
(@Dark_Red_Hair) November 08, 2012

IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS (cont): Caterpillar, CVPH Medical Center, Lightyear Haqwker Beechcraft, Hawker Beechcraft-
(@Dark_Red_Hair) November 08, 2012

Ednarooni160
by Eds on Nov. 9, 2012 at 6:34 PM
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I haven't even talked to my neighbors..kind of scared too.. I know a couple were concerned about lay offs..and one was worried about having to take out bankruptcy..

gsprofval
by Gold Member on Nov. 9, 2012 at 6:38 PM
3 moms liked this

There are many more job losses to follow--then those tax hikes obummer loves won't be worth a damn because no one will have jobs to pay his taxes.

Bonita131
by Bronze Member on Nov. 9, 2012 at 6:38 PM
6 moms liked this
Mike Opelka has or now had, an anti Obama site. He was also an obsessed Obama birther nut job. He's also been with fox( faux) news off & on for years, one of the most unreliable sources for reporting the truth. Anything Opelka says should be taken with a grain of salt, but I know a lot of you will hang on his every word as gospel. You just can't help yourself.
gsprofval
by Gold Member on Nov. 9, 2012 at 6:45 PM
3 moms liked this
More Story comments:
RAMBOSHARLEY

Posted on November 9, 2012 at 10:32am

I’m being laid off as of January 31, 2013…My employer is shutting the doors…and stated that they cnnot afford the new TAXES & REGULATIONS that are coming in 2013. I just want to take this time to THANK ALL THE ODUMBA$$ VOTERS! THANK YOU, THANK YOU, THANK YOU! ….bunch of mindless morons!

  • BUTTPATRIOT
    Posted on November 9, 2012 at 11:48am

    I worked at a coal mine that decided today to layoff over 40 employees and the only reason that was given was that “America has betrayed coal miners” by re-electing President Obama. Despite the fact that nothing has changed in the two days since the election they decide to lay off employees. I’ve seen how corrupt the company can be over the years and am fairly certain the layoffs are just a way to make the President look bad. I look forward to your questions and will do my best to answer them all.
    http://www.reddit.com/r/IAmA/comments/12wyyn/yesterday_i_was_laid_off_because_president_obama/

     
  • POTMEETSKETTLE
    Posted on November 9, 2012 at 11:49am

    I am closing my small business (6 employees) effective December 15. It is in direct response to what I see the economy’s future after Obama’s reelection.

    If you think it is revenge, then we know a) you voted for Obama and b) you don’t understand business and economics.

    Of my 6 soon to be former employees, only one voted for Obama. And that one won’t get a recommendation from me…I can’t recommend stupid.

    Local, federal, state governments will no longer get about $85,000 in taxes/fees/licenses that my business typically generated for them.

    Businesses I purchased services and goods from will see a drop because I’m not buying anything anymore.

    And just to illustrate the mindset of the Obama voter, I’m giving my employees an opportunity to buy equipment, etc. at 5% of my cost. Which one wants it “free” … yeah, the Obama voter. Won’t happen. I’ll donate the rest to Vietnam Vets or other charitable group.

    Anyone who is successful will find a way to avoid any new taxes to a great deal. We aren’t stupid.

    And there will be a resulting “missing predictions” by the Fed. because of all of us that have taken our toys and gone home because the Gov’t wasn’t playing nicely. You don’t play with bullies.

    On the other hand, I’m going to have a lot more time to do some fun things. I’ve wanted to travel and now I will, spending money overseas instead of in the US.

     

 

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