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Scores of US Businesses Announce Closings and Layoffs Due to Obama's Re-election
The Examiner ^ | November 9, 2012 | Barry Secrest

Posted on 11/09/2012 10:27:25 AM PST by 2ndDivisionVet

Over the days following President Obama's re-election, the US stock market has undergone a two day sell-off resulting in a loss of over 400 points. On Wednesday, immediately following the election, the market suffered it greatest single day loss of the year.

While numerous experts point to the Europe debt crisis or an approaching fiscal cliff in the US as the culprit, many business owners have indicated Obama's re-election as a direct cause of the faltering business climate and loss of confidence.

One Las Vegas business owner, after having warned his employees of a certain lay-off if Obama were re-elected, followed through with his ominous threat dropping one fifth of his work force in anticipation of a worsening environment.

The following is a list of companies which have announced layoffs directly as a result of President Obama's re-election. Many contracting businesses have indicated that the impending implementation of Obamacare, a looming threat of tax increases, and an overall anti-business environment will now prevail and perhaps even get worse, over the next four years prompting a defensive stance.

List of layoffs and closings courtesy of the website The Blaze:

Westinghouse -

Research in Motion Limited -

Lightyear Network Solutions -

• Providence Journal -

• Hawker Beechcraft -

• Boeing (30% of their management staff) -

• CVPH Medical Center -

• US Cellular -

• Momentive Performance Materials -

• Rocketdyne - (continued)

(Excerpt) Read more at examiner.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: economy; layoffs; obama; unemployment
As expected. Just imagine what would've happened if Gov. Romney had won.
1 posted on 11/09/2012 10:27:32 AM PST by 2ndDivisionVet
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To: 2ndDivisionVet

I’m shocked, shocked ....


2 posted on 11/09/2012 10:29:02 AM PST by Trapped Behind Enemy Lines
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To: 2ndDivisionVet

"A warm welcome to the newly unemployed! Welcome to the Democrat Party! Be sure to pick up your Obama Phone on the way out!"


3 posted on 11/09/2012 10:29:57 AM PST by COBOL2Java (The GOP-e said "Beat a Marxist with a Liberal!" What a colossal blunder.)
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To: 2ndDivisionVet

How about a national “Fire a lib” day.


4 posted on 11/09/2012 10:31:09 AM PST by Huskrrrr
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To: 2ndDivisionVet

http://www.freerepublic.com/focus/news/2956717/posts?page=1


5 posted on 11/09/2012 10:32:00 AM PST by Lorianne (fedgov, taxporkmoney)
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To: Trapped Behind Enemy Lines

Of course, those responsible for the reelection of his excellency don’t care a whit because it does not affect most of them. I wonder what would happen if someone announced they were going to reduce benefits at the same rate that unemployment goes up? Bet that would cause a stir.


6 posted on 11/09/2012 10:32:43 AM PST by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: 2ndDivisionVet

Shrug, Baby, Shrug!


7 posted on 11/09/2012 10:33:33 AM PST by dfwgator
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To: 2ndDivisionVet

By design. Put everyone of food stamps, disability and part time work and you have a permanent Democrat majority.

http://confoundedinterest.wordpress.com/2012/11/09/consumer-confidence-rises-to-highest-level-since-beginning-of-q4-2007/


8 posted on 11/09/2012 10:34:00 AM PST by whitedog57
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To: dfwgator

[ Shrug, Baby, Shrug! ]

I will one up you Shrugging and instead of going “Galt” take Galt to the next logical conclusion....

http://www.freerepublic.com/focus/f-news/2957570/posts

Read this and let me know what you think.


9 posted on 11/09/2012 10:36:23 AM PST by GraceG
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To: whitedog57

Wait till you see Obamacare staff up...


10 posted on 11/09/2012 10:36:45 AM PST by Eric in the Ozarks (In the game of life, there are no betting limits)
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To: Eric in the Ozarks

Crash baby crash.


11 posted on 11/09/2012 10:46:13 AM PST by bicyclerepair ( >-> Zombies eat brains. >-> 50% of FL is safe.)
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To: 2ndDivisionVet
This is what I've got for today, 11/9/12 (So far)...

Company # Laid off Running total Sector
Abbot Labs 700 700 Med Eq/Dev Mfg
AMD 400 1100 Electronics
American Coal 54 1154 Energy
Ameridose 790 1944 Health
Associated Milk Producers Inc 130 2074 Agriculture
ATI 172 2246 Education
Boston Scientific 1200 3446 Med Eq/Dev Mfg
Brake Parts LLC 75 3521 Automotive
Career Education Corp 900 4421 Education
Caterpillar 100 4521 Construction Eq
Cigna 1300 5821 Health
Covidien 595 6416 Health
CVPH 17 6433 Health
Dana Holding Corp 7 6440 Automotive
Energizer 1500 7940 Energy
Exide 150 8090 Energy
Groupon 600 8690 Consumer
Hill-Rom 200 8890 Med Eq/Dev Mfg
Kinetic Concepts 427 9317 Health
Medtronic 500 9817 Med Eq/Dev Mfg
Momentive Performance Materials 150 9967 Chemicals
Murray Energy Corporation 48 10015 Energy
New Energy 40 10055 Energy
OCE 135 10190 Office equip
Providence Journal 23 10213 Media
Smith & Nephew 770 10983 Med Eq/Dev Mfg
Space X 100 11083 Defense
St Jude Medical 300 11383 Health
Stryker 96 11479 Med Eq/Dev Mfg
TE Connectivity 620 12099 Electronics
Teco Coal Corporation 90 12189 Energy
TurboCare 88 12277 Energy
U.S. Cellular 980 13257 Electronics
Umatilla Chemical Depot 34 13291 Defense
Vestas 3000 16291 Energy
Welch Allyn 275 16566 Med Eq Mfg
West Ridge Mine 102 16668 Energy
Westinghouse Anniston 50 16718 Defense
Wright-Patterson 115 16833 Defense

12 posted on 11/09/2012 10:57:39 AM PST by null and void (The One can steal an election, but no one can steal our country.)
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To: 2ndDivisionVet

Just more potential dem voters after they get the taste of unemployment, food stamps, housing assistance, loan forgiveness, free medical care, and free phones they will never want to go back to work! It’s all part of a democrat voter recruitment program: get them used to free stuff and they will continue to vote for more government give aways!


13 posted on 11/09/2012 11:37:09 AM PST by Brandonmark (OWCM is The new American Minority!)
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To: null and void
Organization # Laid off Running total Sector Notes
Abbot Labs 700 700 Med Eq/Dev Mfg
AMD 400 1100 Electronics
American Coal 54 1154 Energy
Ameridose 790 1944 Health
Associated Milk Producers Inc 130 2074 Agriculture
ATI 172 2246 Education
Boston Scientific 1200 3446 Med Eq/Dev Mfg
Brake Parts LLC 75 3521 Automotive
Bristol-Myers Squibb 479 4000 Health
Career Education Corp 900 4900 Education
Caterpillar 100 5000 Construction Eq
Center for Hospice and Palliative Care 40 5040 Health
Cigna 1300 6340 Health
Covidien 595 6935 Health
CVPH 17 6952 Health
Dana Holding Corp 7 6959 Automotive
Energizer 1500 8459 Energy
Exide 150 8609 Energy
Groupon 600 9209 Consumer
Hawker Beechcraft 9209 Aerospace
Hill-Rom 200 9409 Med Eq/Dev Mfg
Husqvarna 600 10009 Tools Cuts in Sweden
Kinetic Concepts 427 10436 Health
Lightyear Network Solutions 10436
Medtronic 500 10936 Med Eq/Dev Mfg
Momentive Performance Materials 150 11086 Chemicals
Murray Energy Corporation 48 11134 Energy
New Energy 40 11174 Energy
OCE 135 11309 Office equip
Providence Journal 23 11332 Media
Research in Motion 200 11532 Consumer Electronics
Smith & Nephew 770 12302 Med Eq/Dev Mfg
Space X 100 12402 Defense
St Jude Medical 300 12702 Health
Stryker 96 12798 Med Eq/Dev Mfg
TE Connectivity 620 13418 Electronics
Teco Coal Corporation 90 13508 Energy
TurboCare 88 13596 Energy
U.S. Cellular 980 14576 Electronics
Umatilla Chemical Depot 34 14610 Defense
Vestas 3000 17610 Energy
Welch Allyn 275 17885 Med Eq Mfg
West Ridge Mine 102 17987 Energy
Westinghouse 17 18004 Hi Tech Services
Westinghouse Anniston 50 18054 Defense
Wright-Patterson 115 18169 Defense
Organization % Laid off Sector Notes %
Boeing Defense, Space & Security 30 Defense Executive Staff
United Blood Services 10 Health All staff
Wilkes-Barre Government Firefighters

14 posted on 11/09/2012 12:19:14 PM PST by null and void (The One can steal an election, but no one can steal our country.)
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To: 2ndDivisionVet
• Boeing (30% of their management staff)

This one kind-of stunned me. Not that they are laying off; but, the amount. 30% is a pretty big lay-off from one section of the company (management). I live in the Seattle area, this one is going to hurt.

I have known that businesses have been holding a lot of their capital on the sidelines waiting for this guy to leave the WH. Well, since it will be another 4 years, they are off-loading people that they are not going to need, and I think they will be hunkering down for another 4 years.

I was hoping that he would be voted out; but, I think that we have gone over the tipping point and now more people than not want the govt. to give them stuff. My youngest daughter graduated from college in December of 2008. She could not find a job and after a year of trying, got a certificate to qualify to teach overseas and has been in Japan for over 2 years. I was hoping that she could come home soon if Romney was in and started unraveling this mess. But, I guess not. I miss her.

15 posted on 11/09/2012 12:33:29 PM PST by LibertarianLiz
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To: 2ndDivisionVet
• Boeing (30% of their management staff)

This one kind-of stunned me. Not that they are laying off; but, the amount. 30% is a pretty big lay-off from one section of the company (management). I live in the Seattle area, this one is going to hurt.

I have known that businesses have been holding a lot of their capital on the sidelines waiting for this guy to leave the WH. Well, since it will be another 4 years, they are off-loading people that they are not going to need, and I think they will be hunkering down for another 4 years.

I was hoping that he would be voted out; but, I think that we have gone over the tipping point and now more people than not want the govt. to give them stuff. My youngest daughter graduated from college in December of 2008. She could not find a job and after a year of trying, got a certificate to qualify to teach overseas and has been in Japan for over 2 years. I was hoping that she could come home soon if Romney was in and started unraveling this mess. But, I guess not. I miss her.

16 posted on 11/09/2012 12:33:33 PM PST by LibertarianLiz
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To: 2ndDivisionVet
"As expected. Just imagine what would've happened if Gov. Romney had won."

I imagine that it would have taken a couple of months for them to realize that Romney wasn't going to repeal Obamacare, just rebrand it. And then the layoffs would have happened anyway.

17 posted on 11/09/2012 12:43:14 PM PST by DannyTN
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To: 2ndDivisionVet
“Yes I Can” The stock market would have gone up, and not down.
The company wanted to expand and hire more workers, but now have cut everyone back to 4 days per week instead of 5.
The three that were let go had Obama stickers.
18 posted on 11/11/2012 2:07:06 AM PST by TJHooker
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