Energizer announces 1500 Layoffs will close 3 plants
http://www.bizjournals.com/st...
Pepsi looks to layoff 4000
http://t.co/4hynXDvc
The Mass Firings Begin
Allbiz - PWCM - JLA
2012/11/09 15:28:19
Yesterday, when I posted about a company in Vegas that laid off 22 employees due toi the election outcome, I recieved many replies from liberals trying to make me out as some kind of liar.
I suppose if it was just a one-time happening, that could be possible. But now, 2 days after the election, there's more.
Obama was "fired up" and so were the voters, and so now, the mass firings begin. Here's a collection of today's headlines. Please say a prayer for the families who will be suffering. Had Romney won, many of these companies would now be hiring.
I suppose if it was just a one-time happening, that could be possible. But now, 2 days after the election, there's more.
Obama was "fired up" and so were the voters, and so now, the mass firings begin. Here's a collection of today's headlines. Please say a prayer for the families who will be suffering. Had Romney won, many of these companies would now be hiring.
Teco Coal officials announce 90 layoffs
Momentive Inc plans temporary layoffs for 150
Wilkes-Barre officials to announce mandatory layoffs
600 layoffs at Groupon
50 layoffs announced at Aniston Weapons Incinerator
Murray Energy confirms 150 layoffs at 3 subsidiaries
130 laid off in Minnesota dairy plant closure
Stanford brake plant to lay off 75
Turbocare, Oce to lay off more than 220 workers
ATI plans to lay off 172 workers in North Richland Hills
SpaceX claims its first victims as Rocketdyne lays off 100
Providence Journal lays off 23 full-time employees
CVPH lays off 17
New Energy lays off 40 employees
102 Utah miners laid off because of 'war on coal', company says
US Cellular drops Chicago, cuts 640 jobs
Career Education to cut 900 jobs, close 23 campuses
Vestas to cut 3,000 more jobs
First Energy to cut 400 jobs by 2016
Mine owner blames Obama for layoffs (54 fired last night)
Canceled program costs 115 jobs at Ohio air base
AMD trims Austin workforce - 400 jobs slashed
100 workers lose jobs as Caterpillar closes plant in Minnesota
Exide to lay off 150 workers
TE Connectivity to close Guilford plant, lay off 620
More Layoffs for Major Wind Company (3,000 jobs cut)
Cigna to lay off 1,300 workers worldwide
Ameridose to lay off 790 hundred workers
Top Opinion
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Popeye 2012/11/10 01:14:56
Welch Allyn
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, citin...
&
Welch Allyn
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.
Stryker
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.
Boston Scientific
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.
Medtronic
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.
Others
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 created by the health care law - a shift from full-time to part-time workers.
Sean Hackbarth of Free Enterprise explains:
A JP Morgan economist "points out that 8.3 million people are working in part-time jobs even though they'd prefer full-time work. Unfortunately, because of President Obama’s health care law, the Patient Protection and Affordable Care Act (PPACA), workers in the hotel, restaurant, and retail industries could be pushed into part-time jobs working less than 30 hours per week."
"Under the health care law, if a company has more than 50 “full time equivalent” workers, a combination of full and part-time employees, but doesn’t offer “affordable” coverage that meets the government’s minimum value standard, the company will have to pay a penalty. This penalty is determined by the number of full-time employees minus 30 full-time employees. So to reiterate a very important point: part-time workers are not part of the penalty formula. The health care law creates a perverse incentive to hire part-time versus full-time workers."
Tangible examples of Obamacare causing a reduction in full-time workers:
Darden Restaurants
According to the Orlando Sentinel, Darden Restaurants, a casual dining chain best known for their Red Lobster, Olive Garden and LongHorn Steakhouse restaurants, is "experimenting with limiting the hours of some of its workers to avoid health care requirements under the Affordable Care Act when they take effect in 2014".
JANCOA Janitorial Services
The CEO of JANCOA, Mary Miller, testified to Congress that Obamacare was a "dream killer", adding that one option she had to consider "is reducing the majority of my team members to part-time employment in order to reduce the amount that I will be penalized."
Kroger
The American retailer in Cincinnati, Ohio recently was reported to be planning a significant slashing of their hourly workers. Doug Ross writes:
Operative Faith (a mid-level manager with the company) reveals that Kroger will soon join the ranks of Darden Restaurants and slash the hours of its non-exempt (hourly) workers to avoid millions in Obamacare penalties.
According to the source, Obamacare could result in tens of thousands of Kroger employees being limited to working 28 hours per week.
Energizer Announces it will lay off over 10% of its global workforce. A battery plant in Maryville, Missouri will be closed in December along with a plant in Vermont.
U.S. Cellular – 980 Layoffs
Crouse Hospital -70 layoffs
Smith & Nephew – 770 layoffs
Abbott Labs – 700 layoffs
Covidien – 595 layoffs
Kinetic Concepts – 427 layoffs
St. Jude Medical – 300 layoffs
Hill Rom – 200 layoffs
Medtronic- cut 500 positions over the summer, with another 500 set for the end of 2013.
Boston Scientific - announced that the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas – to China.
Stryker - 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.
Dana Holding Corp - The company will have to cover an additional $24 million cost of US Health care. They did not specify numbers but announced layoff were in the works.
Under normal circumstances if you are selling more than you can make, you hire (after all, why not go for bigger profits for yourself since profit is based on a percentage of sales). If you are making more than you can sell you lay off.
The American consumer drives jobs, any added costs are a pass through straight to the consumer.
Sales is not the only profit driver in a company. And any business manager who bases staffing solely on sales volume is an idiot destined to fail.
However with that in mind, whether a company is selling a manufactured product or some form of services, In your world, how long do they maintain 100% staffing with diminishing or zero sales over a protracted period?
Other avenues of revenue can only carry 100% of the employees so long without the primary avenue bringing in revenue. Unless you are a government employee or some sort of socialist system where a job is a job for the state whether it turns a profit or not.
I don't run the country by the way, 535 bozo's do with an inept President.
However, I do agree with your last sentence in your above reply.
Whether you are a shipper, a manufacturer, a retailer, a construction company, etc., you will not allow you workforce to sit around idle and play cards because you have other "revenue streams".
That bozo's statement goes for both inept parties.
The operative word was "normally" and "Under normal circumstances", not always.
Therefore, it was from way out in left field, just like the rest of your ideologies.
If you were paying attention, you would know there are thousands of employees sitting idle and playing cards thanks to the waste of Obama's stimulus funds. For example: employees of LG Chem were brought in with great fanfare, funded in large part by Obama's "green energy" money that's supposed to help support the development of lithium ion batteries that will help transform major industries into bastions of environmental goodness.
One problem: There's almost no real demand for these products, so employees are paid to play cards, watch movies and volunteer their time helping nonprofits. They've got health insurance all right, but they're not producing or selling anything.
You fail.
"who would administer Obama's healthcare if employees are laid-off."
I see nothing of this in your original post above. Your original post stated;
"The Mass Firings Begin
Yesterday, when I posted about a company in Vegas that laid off 22 employees due toi the election outcome, I recieved many replies from liberals trying to make me out as some kind of liar.
I suppose if it was just a one-time happening, that could be possible. But now, 2 days after the election, there's more.
Obama was "fired up" and so were the voters, and so now, the mass firings begin. Here's a collection of today's headlines. Please say a prayer for the families who will be suffering. Had Romney won, many of these companies would now be hiring."
And then you proceeded to name companies laying off and how many. I see no assertions of Obama/ Romneycare as you reference with the above statement of "in answer to my question about who would administer Obama's healthcare if employees are laid-off."
Any company you mention who is "surviving" on stimulus will either fail or lay off after the stimulus runs out. I am not a mind reader so perhaps you better edit your original post in order to...
"who would administer Obama's healthcare if employees are laid-off."
I see nothing of this in your original post above. Your original post stated;
"The Mass Firings Begin
Yesterday, when I posted about a company in Vegas that laid off 22 employees due toi the election outcome, I recieved many replies from liberals trying to make me out as some kind of liar.
I suppose if it was just a one-time happening, that could be possible. But now, 2 days after the election, there's more.
Obama was "fired up" and so were the voters, and so now, the mass firings begin. Here's a collection of today's headlines. Please say a prayer for the families who will be suffering. Had Romney won, many of these companies would now be hiring."
And then you proceeded to name companies laying off and how many. I see no assertions of Obama/ Romneycare as you reference with the above statement of "in answer to my question about who would administer Obama's healthcare if employees are laid-off."
Any company you mention who is "surviving" on stimulus will either fail or lay off after the stimulus runs out. I am not a mind reader so perhaps you better edit your original post in order to help you put the square pegs in the round hole better.
I am not a big fan of Corporatism. Companies that cannot exist on their own merit must be allowed to fail, that includes the financial institutions. And if any criminal conduct has occured, the architects of that fraud should be punished. We will not have a successful recovery if we keep rewarding people for bad behavior.
I'm done with you. You're too much of an idiot for me to waste my time on.
Reply back knowing I'm going to be ignoring you and that will show just how much of an idiot you are.
You may continue worshiping stimulus now, which by the way is also not a normal condition. However I guess you think the stimulus will go on forever, I hope you are wrong.
Last night's victory for the President marks the first time since its inception that Obamacare is no longer a what-if; it is the future of health care in America.
It also means a near immediate impact on the economy. With 20 or so new or higher taxes set to be implemented, ranging from a $123 billion surtax on investment income, through the $20 billion medical device tax, all the way down to the $600 million executive compensation limit, Obamacare will be a nearly unbearable tax burden on the economy.
Who will pay? The middle-class workforce, of course.
So with another four years for President Obama to look forward to, and the obvious inevitability of Obamacare that this entails, let's examine the very real jobs that will be lost, and the very real lives that will be affected.
Welch Allyn
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 part...
&
Last night's victory for the President marks the first time since its inception that Obamacare is no longer a what-if; it is the future of health care in America.
It also means a near immediate impact on the economy. With 20 or so new or higher taxes set to be implemented, ranging from a $123 billion surtax on investment income, through the $20 billion medical device tax, all the way down to the $600 million executive compensation limit, Obamacare will be a nearly unbearable tax burden on the economy.
Who will pay? The middle-class workforce, of course.
So with another four years for President Obama to look forward to, and the obvious inevitability of Obamacare that this entails, let's examine the very real jobs that will be lost, and the very real lives that will be affected.
Welch Allyn
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.
Stryker
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.
Boston Scientific
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.
Medtronic
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.
Others
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 created by the health care law - a shift from full-time to part-time workers.
Sean Hackbarth of Free Enterprise explains:
A JP Morgan economist "points out that 8.3 million people are working in part-time jobs even though they'd prefer full-time work. Unfortunately, because of President Obama’s health care law, the Patient Protection and Affordable Care Act (PPACA), workers in the hotel, restaurant, and retail industries could be pushed into part-time jobs working less than 30 hours per week."
"Under the health care law, if a company has more than 50 “full time equivalent” workers, a combination of full and part-time employees, but doesn’t offer “affordable” coverage that meets the government’s minimum value standard, the company will have to pay a penalty. This penalty is determined by the number of full-time employees minus 30 full-time employees. So to reiterate a very important point: part-time workers are not part of the penalty formula. The health care law creates a perverse incentive to hire part-time versus full-time workers."
Tangible examples of Obamacare causing a reduction in full-time workers:
Darden Restaurants
According to the Orlando Sentinel, Darden Restaurants, a casual dining chain best known for their Red Lobster, Olive Garden and LongHorn Steakhouse restaurants, is "experimenting with limiting the hours of some of its workers to avoid health care requirements under the Affordable Care Act when they take effect in 2014".
JANCOA Janitorial Services
The CEO of JANCOA, Mary Miller, testified to Congress that Obamacare was a "dream killer", adding that one option she had to consider "is reducing the majority of my team members to part-time employment in order to reduce the amount that I will be penalized."
Kroger
The American retailer in Cincinnati, Ohio recently was reported to be planning a significant slashing of their hourly workers. Doug Ross writes:
Operative Faith (a mid-level manager with the company) reveals that Kroger will soon join the ranks of Darden Restaurants and slash the hours of its non-exempt (hourly) workers to avoid millions in Obamacare penalties.
According to the source, Obamacare could result in tens of thousands of Kroger employees being limited to working 28 hours per week.
Summary
This is by no means, meant to be an exhaustive list. But it is meant to provide examples of real companies, real jobs, and real names, soon to be added to the growing list of employment casualties provided by the inevitable implementation of Obamacare.
Last night, America voted for four more years of President Obama and his destructive economic and health care policies. By extension, America last night voted their approval of the aforementioned layoffs and overall work reduction.
Now we must accept the inevitable. Welcome to mourning in America.
Here's even more...
I run a small business and I've already laid out my plans to lay people off at the end of the year.. I was just waiting to see how the election was going to play out then I would know what to prepare for.. Now we know, so I'm moving forward with my plans in preparation of the added costs in 2013 and beyond.
http://www.bizjournals.com/st...
Pepsi looks to layoff 4000
http://t.co/4hynXDvc