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Keyword: bholayoffs

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  • Smith & Nephew Reduces Workforce

    02/04/2013 1:24:16 PM PST · by Sopater · 2 replies
    Memphis Daily News ^ | Thursday, January 31, 2013 | MICHAEL WADDELL
    Smith & Nephew eliminated nearly 100 jobs in Memphis and Andover, Mass., on Thursday, Jan. 31, as the medical device company cuts expenses in an effort to offset tax hikes included in the Affordable Care Act. The Affordable Care Act includes a 2.3 percent medical device tax, which took effect Jan. 1. The London-based company, which employs about 1,800 people in Memphis, said the new tax will cost the industry about $30 billion over 10 years. “(The tax) has impacted a number of companies across the U.S.,” said Joe Metzger, senior vice president of corporate communications. “Smith & Nephew is...
  • Cause and Effect: Americans Who Voted for Obama Now Seeing Weekly Job Hours Slashed Below 30...

    12/13/2012 2:51:29 PM PST · by 2ndDivisionVet · 126 replies
    International Business Times ^ | December 12, 2012
    It is the ultimate example of how you reap what you sow: Huge numbers of American workers who voted for Obama are now seeing their own jobs slashed below 30 hours a week as employers desperately try to avoid "Obamacare bankruptcy." Obamacare mandates for businesses only apply to those working 30 hours a week or more, and while many businesses do not want to cut workers' hours, they are being forced to in order to stay afloat. This necessary action is causing businesses to lose money and become less competitive while at the same time destroying American jobs. Some businesses...
  • Business Closing listed on dailyjobcuts.com

    12/06/2012 5:50:27 AM PST · by FreeAtlanta · 9 replies
    December 6 , 2012 Tireman Auto Service Centers Leaving Woodville Mall Ohio Location The Lost Rivers Medical Center in Arco is eliminating its long-term care center - up to 30 Jobs Lost Skelly and the Bean Capital Hill Seattle WA - Closing, Hopefully Opening New Location Blockbuster Crestwood Location in AL? Family Dollar in Fayetteville NC JCIM at the National Turnpike location KY? British supermarket chain Tesco is considering closing down its 200 American Fresh & Easy grocery stores The Tacoma Chevy’s Restaurant WA The Philips Lighting plant in Bath NY to Close by End of 2013 - 280 Jobs...
  • Citigroup To Slash Over 11K Jobs; Sees About $1 Bln Pre-Tax Charge In Q4

    12/05/2012 7:25:59 AM PST · by ExxonPatrolUs · 16 replies
    Real Time Business News ^ | 12/5/2012 9:14 AM ET
    Citigroup Inc. said it is cutting more than 11,000 positions, as a part of repositioning actions, resulting in an estimated pre-tax charges of nearly $1 billion in the fourth quarter of 2012 and some $100 million of related charges in the first half of 2013. Citi said it now expects the repositioning to generate $900 million of expense savings benefitting 2013 results and that the annual expense savings would exceed $1.1 billion annually beginning in 2014. Furthermore, the company anticipates that the actions would have a negative impact on annual revenues of less than $300 million. The repositioning, which includes...
  • College Professors Get What They Asked For in Obamacare, Don't Like It Much

    12/01/2012 8:40:18 PM PST · by SeekAndFind · 77 replies
    American Thinker ^ | 12/01/2012 | Gary Jason
    There is an antique saying -- no less true for its antiquity -- that you need to be careful what you wish for, because you just might get it. This came to mind when I read a recent report about what is happening at a Pennsylvania college. One of President Obama's most loyal -- not to say fawning -- constituencies clearly is academia. His rate of support among collegiate faculty and administrators surely approaches near-unanimity on the typical campus. This is why the news about the Community College of Allegheny County (CCAC) is so richly ironic. CCAC has just announced...
  • Body armor manufacturer in Eden to lay off 280 employees (North Carolina)

    11/29/2012 9:32:03 PM PST · by 2ndDivisionVet · 4 replies
    WGHP-TV ^ | November 29, 2012 | Scott Gustin
    EDEN, N.C. — KDH Defense Systems in Eden will lay off up to 280 employees in January. President & CEO Dave Herbener said employees were sent a notice warning of the layoffs. Herbener said most of the positions affected are in the production and administrative departments. When asked if the company was doing well in business, Herbener said “the company is healthy.” However, two military contacts will soon be ending, leaving a gap in production for the first part of next year. Herbener said their law enforcement contracts are growing and if more “opportunities become available,” those same employees could...
  • Austerity program at San Diego Hospice brings layoffs (More than 180 sacked)

    11/29/2012 10:12:10 PM PST · by 2ndDivisionVet · 2 replies
    The North County Times ^ | November 29, 2012 | Paul Sisson
    More than 180 San Diego Hospice employees received layoff notices Wednesday and Thursday, as the organization implements an austerity plan designed to keep it operating in the face of ongoing Medicare audits. Chief Executive Kathleen Pacurar said Thursday that the cuts include temporarily shutting down San Diego Hospice’s most visible presence in the community, a 24-bed specialty hospital in Hillcrest. The move is the result of Medicare temporarily shutting off reimbursement payments in early November, causing the hospice, one of the largest in the nation, to temporarily stop admitting patients. Those Medicare payments have since resumed, removing doubts about the...
  • The Demise Of The Twinkie: Hostess Files Motion To Liquidate

    11/16/2012 5:13:37 AM PST · by Sub-Driver · 300 replies
    The Demise Of The Twinkie: Hostess Files Motion To Liquidate By Tom Gara And that’s that: Hostess Brands, maker of Twinkies, Wonder Bread and more, announced this morning it has filed a motion with bankruptcy court to start liquidating the company immediately. A huge number of jobs are soon to be lost. “Hostess Brands will move promptly to lay off most of its 18,500-member workforce,” said CEO Gregory F. Rayburn in the statement, “and focus on selling its assets to the highest bidders.” In a letter posted on a new site set up to communicate with employees and suppliers through...
  • Mine layoffs blamed on Obama upset union; miners look for new jobs

    11/12/2012 6:35:24 PM PST · by Red Steel · 13 replies
    ksltv ^ | November 12, 2012 | Geoff Liesik
    PRICE, Carbon County — They're gearing up again at the state Department of Workforce Services to help scores of miners who received pink slips this week from UtahAmerican Energy Inc. "The coal mines are great jobs," said DWS workforce development specialist Nicole Steele. "But over the years, they do go up and down," Steele said. "It's kind of a roller coaster and everybody's aware of that." Roller coaster or not, the reason given Wednesday for the reduction of 102 jobs at the West Ridge Mine near East Carbon threw just about everyone for a loop. They were necessary because of...
  • Hostess closing Seattle bakery; 110 workers affected

    11/12/2012 8:00:31 PM PST · by chessplayer · 97 replies
    Hostess Brands Inc. is permanently closing three bakeries following a nationwide strike by its bakers union. The maker of Twinkies, Ding Dongs and Wonder Bread said Monday that the strike has prevented it from producing and delivering products, and it is closing bakeries in Seattle, St. Louis and Cincinnati. The facilities employ 627 workers. Thousands of members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union went on strike Nov. 9 to protest cuts to wages and benefits under a new contract offer, which the union rejected in September. Union officials say the company stopped contributing to workers'...
  • Kroger to Slash Hourly Workers to Avoid Obamacare Penalties

    11/12/2012 12:05:46 PM PST · by tobyhill · 176 replies
    Flopping Aces ^ | 11/4/2012 | Doug Ross
    Operative Faith reveals that Kroger will soon join the ranks of Durden Restaurants and slash the hours of its non-exempt (hourly) workers to avoid millions in Obamacare penalties. To give you a sense of Kroger’s size and importance, its sales last year were $90 billion and it employs nearly 350,000 people. Most of its jobs are hourly and the vast majority of workers are neither millionaires or billionaires. Faith is a mid-level manager at Kroger and reports the dire news: Last week we found out that, beginning in January, any employee who is not full-time at that point,will be limited...
  • Bankrupt Bakers Footwear liquidating 21 Los Angeles-area stores (150 altogether)

    11/11/2012 4:11:50 AM PST · by 2ndDivisionVet · 9 replies
    The Los Angeles Daily News ^ | November 9, 2012 | Gregory J. Wilcox, Staff Writer
    Bankrupt Bakers Footwear Group on Friday began liquidating 150 stores across the country, including 21 in the Los Angeles area. The St. Louis-based company's stores are being liquidated by Tiger Capital Group and SB Capital Group and the process should be completed by year's end. Stores being closed have about $30 million in inventory, the companies said in a statement. There are 33 stores in California. The going-out-of-business sales involve 70 percent of the group's Bakers and Wild Pair mall-based stores, which are familiar to shoppers throughout Los Angeles and Orange counties. Bakers Footwear Group sells a private-label and national-brand...
  • Economy: Post-Election Firings and Layoffs Surge

    11/10/2012 1:41:38 PM PST · by 2ndDivisionVet · 71 replies
    Market Daily News ^ | November 10, 2012 | Michael Snyder
    The victory by Barack Obama on election night has resulted in a huge wave of firings and layoffs all over America. A large number of businesses seem to have suddenly shifted into panic mode. The number of layoff announcements that we have seen in the last 48 hours has been absolutely shocking. So why is this happening? Well, the truth is that the federal government is absolutely suffocating small businesses all over America with rules, regulations and taxes. If you have never tried to run a small business, then you have no idea how oppressive this system actually is for...
  • More layoffs announced at Anniston weapons incinerator

    11/09/2012 12:37:59 AM PST · by My Favorite Headache
    Anniston Star ^ | 11/9/12
    The company that operated Anniston’s chemical weapons incinerator has 50 fewer workers today as part of continuing efforts to close down the facility. According to a Wednesday press release from Westinghouse Anniston, the contractor responsible for shutting down the facility, the employee drawdown today will affect 50 workers at the Anniston Chemical Agent Disposal Facility. The facility reached another closure milestone and so no longer needs the labor. Workers there destroyed the last of Anniston’s chemical weapons stockpile in September 2011 and has been undergoing closure efforts ever since. The release states that the layoffs are expected to be a...
  • Layoffs

    11/07/2012 3:30:02 PM PST · by Lorianne · 54 replies
    various
    Boeing Announces Big Layoffs in Defense Division http://www.cnbc.com/id/49729998 ING Layoffs In State Are Unrelated To Massive Staff Reduction In Europe http://www.courant.com/business/connecticut-insurance/hc-ing-layoffs-20121107,0,5645363.story Caterpillar’s Layoffs Parallel A Falling Monthly Copper Price Index http://agmetalminer.com/2012/11/07/caterpillars-layoffs-parallel-a-falling-monthly-copper-price-index/ More Layoffs May Be In Store for Alcatel-Lucent http://www.fool.com/investing/general/2012/11/06/more-layoffs-may-be-in-store-for-alcatel-lucent.aspx Boeing Telegraphs Layoffs in Defense, Space & Security Unit http://247wallst.com/2012/11/07/boeing-telegraphs-layoffs-in-defense-space-security-unit/ Umatilla Chemical Depot plans layoffs this month, in 2013 http://www.tri-cityherald.com/2012/11/06/2160493/umatilla-chemical-depot-plans.html#storylink=cpy Hawker Beechcraft to close plants in Arkansas, Texas, Arizona, cut more jobs http://www.therepublic.com/view/story/52f3fff526904fc68717a1cf890c9f9c/KS--Hawker-Beechcraft-Layoffs
  • Companies plan massive layoffs as Obamacare becomes reality

    11/09/2012 8:58:44 AM PST · by Evil Slayer · 70 replies
    The Washington Times ^ | 11/9/12 | Kerry Picket
    Freedom Works has put together a list of companies that will be laying of employees as a result of President Barack Obama's health care law: 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...
  • Hawker Beechcraft sheds more jobs

    11/08/2012 12:12:09 PM PST · by Arthurio · 9 replies
    AOPA ^ | 11-8
    Layoff notices will be sent to about 410 Hawker Beechcraft employees, as the company plans to close facilities in three locations and shut down its business jet production. The Wichita Eagle reported that 60-day notices will be issued Nov. 9 to affected employees in Wichita, Kan., where the company is based, along with Little Rock, Ark., where the last of the Hawker business jets are being completed. Job cuts will also be made in San Antonio and Mesa, Ariz., the Eagle reported, quoting from a letter to employees signed by CEO Steve Miller and Chairman Bill Boisture:
  • Nearly 200 'family-sustaining' jobs to be lost as HarperCollins plans to close warehouse

    11/08/2012 12:17:24 PM PST · by Arthurio · 36 replies
    HarperCollins Publishers will close its warehouse and distribution operation in Throop next summer and put close to 200 people out of work. “The industry is changing,” said Erin Crum, spokeswoman for HarperCollins, a book publisher based in New York. “It just makes sense for us to go this route as we shift to a more digital industry.” Ms. Crum would not disclose how many people will be laid off when the warehouse at the Keystone Industrial Park closes. However, Craig Pawlik, principal officer of Teamsters Local 229 in Scranton, said 192 people will be furloughed. The union represents maintenance and...
  • Vestas to cut 3,000 more jobs (Oregon)

    11/08/2012 12:23:47 PM PST · by Arthurio · 15 replies
    Vestas Wind Systems is aiming to sell a stake of as much as 20 percent and shed another 3,000 off its headcount, more than doubling the number of jobs it plans to eliminate by 2013. The announcement came as the Danish company reported disappointing financial results that sent its shares tumbling 13 percent.
  • Minnesota Dairy Plant Closure to Result in 130 Layoffs

    11/08/2012 12:36:50 PM PST · by Arthurio · 11 replies
    by Jake Anderson November 7, 2012 New Ulm-based Associated Milk Producers, Inc. (AMPI) recently informed the 130 employees at its Dawson plant that the facility will close and their positions will be eliminated. Communications Director Sarah Schmidt told Twin Cities Business on Wednesday that the plant closure stems from the company’s sale of its “aseptic” business, which makes shelf-stable cheese sauces and puddings. The sale of the business to Illinois-based Bay Valley Foods is expected to close in December, and production at the Dawson plant will gradually be transferred to Bay Valley Foods’ Illinois facility through that time, Schmidt said....