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Keyword: jobs

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  • The Obamacare Nightmare Comes True

    11/13/2012 1:39:42 PM PST · by Kaslin · 52 replies
    Rush Limbaugh.com ^ | November 13, 2012 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: A bunch of CEOs are in Washington. These people are beside themselves. They're having to hire outside consultants to pore through the Obamacare legislation and advise them, tell them what they have to do to comply. And they are asking for some kind of relief. You've got John Schnatter at Papa John's pizza, the Applebee's people and a number of other restaurant chains are saying, "We have no choice." If they're gonna keep our products priced where they are, which is the price they've all determined is the most sensible for profit stability and affordability for customers,...
  • The Obamacare Nightmare Comes True (cost to businesses)

    11/13/2012 1:46:53 PM PST · by NYer · 3 replies
    Rushlimbaugh.com ^ | November 13, 2012 | Rush Limbaugh
    RUSH: A bunch of CEOs are in Washington. These people are beside themselves. They're having to hire outside consultants to pore through the Obamacare legislation and advise them, tell them what they have to do to comply. And they are asking for some kind of relief. You've got John Schnatter at Papa John's pizza, the Applebee's people and a number of other restaurant chains are saying, "We have no choice." If they're gonna keep our products priced where they are, which is the price they've all determined is the most sensible for profit stability and affordability for customers, they're gonna...
  • NBCUniversal Cuts About 500 Employees [Less Than One Week After Election!]

    11/12/2012 9:06:06 PM PST · by Steelfish · 27 replies
    LA Times ^ | November 12, 2012 | Meg James
    NBCUniversal Cuts About 500 Employees NBC Studios in Burbank. Parent company NBCUniversal is cutting about 500 jobs By Meg James November 12, 2012 In a round of year-end belt tightening, NBCUniversal is cutting about 500 employees, or about 1.5% of its total workforce. The cuts are distributed throughout the media company, which boasts nearly 30,000 employees, according to a person close to the situation who asked not to be identified discussing the sensitive topic. Some of the layoffs have already occurred. Two months ago, "The Tonight Show with Jay Leno" eliminated about two dozen of its crew in an effort...
  • Carrollton-based company issues layoff warning for 459 Dallas employees

    11/12/2012 4:31:02 PM PST · by Red Steel · 3 replies
    wfaa ^ | November 12, 2012 at 11:07 AM Updated today at 12:50 PM
    DALLAS -- Wingspan Portfolio Advisors, a Carrollton-based loan servicing company, will layoff more than a quarter of its workforce at the end of the year. Wingspan issued a Workers Adjustment and Retraining Notification Act (WARN) letter on Nov. 5 to the Texas Workforce Commission informing them all 459 employees at the Dallas location will be terminated effective December 31, 2012. The business is "an award-winning diversified servicing company" and "offers a wide-range of services to assist the mortgage industry in virtually every aspect of delinquent loan servicing," according to the company's website. The site says the company has nearly 1,700...
  • Hostess to Close Selected Bakeries Due to Nationwide Strike

    11/12/2012 4:28:22 PM PST · by mdittmar · 21 replies
    Hostess Brands ^ | November 12, 2012 | Hostess Brands
    Irving, TX – November 12 - Hostess Brands Inc. announced today that it will permanently close three bakeries today as a result of a nationwide strike initiated on November 9 by the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (Bakers Union) that has prevented the facilities from producing and delivering products. "Our customers will not be affected because we will continue to serve them from other Hostess Brands bakeries, but sadly this action will result in the permanent closure of three facilities and the loss of 627 jobs," said Hostess Brands CEO Gregory F. Rayburn.  "We deeply regret this...
  • 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...
  • CEO of Papa John's says employees' hours will likely be cut due to ObamaCare (GOOD!)

    11/11/2012 7:11:37 PM PST · by tobyhill · 47 replies
    fox news ^ | 11/11/2012 | fox news
    The CEO of popular pizza chain Papa John's says his employees may face reduced hours and he expects his business costs to rise because President Obama's re-election most likely insures the president's health care reform law will be implemented in full. NaplesNews.com reports John Schnatter made the remarks to a small group at Edison State College's Collier County campus the day after the election. Schnatter, who supported Mitt Romney in the election, said all Americans having health insurance under ObamaCare is a good, but estimates the change will cost Papa John's $5 million to $8 million annually. Schnatter estimated that...
  • Manufacturing Jobs Available - 2 Companies of CBS 60 Minutes Segment This Evening 11/11/2012

    11/11/2012 6:16:55 PM PST · by First_Salute · 31 replies
    CBS 60 Minutes - Alcoa Howmet - Click-Bond | November 11, 2012 | none
    The CBS 60 Minutes segment, "Three million open jobs in U.S., but who's qualified?"
  • Do not cave-in to the so-called "dream act"

    11/11/2012 4:49:52 PM PST · by Jim Robinson · 70 replies
    Nov 11, 2012 | Jim Robinson
    The dream act is a socialist democrat dream come true. And a nightmare for liberty minded Americans. The dream act solves no problems. Amnesty solves no problems. The border will not be enforced and instead will be flung wide open. We do not have jobs for Senator Graham's "eleven million" illegal aliens already here and their offspring nor the other eleven or twelve million he's not counting and their offspring and all their relatives that will be following. We cannot afford the welfare, foodstamps, housing, education, healthcare, EITC, etc, that they demand. And the flood across the borders will be...
  • The Obamacare Layoffs Begin...

    11/11/2012 8:24:58 AM PST · by Libloather · 16 replies
    National Review ^ | 11/09/12 | Jillian Kay Melchior
    The Obamacare Layoffs Begin...By Jillian Kay Melchior November 9, 2012 12:25 P.M. The Obama health-care law’s adverse effects on employment are no secret. But it’s one thing to look at the economics, and it’s quite another to hear it firsthand from a small-business owner who’s being forced into an untenable position. Yesterday, a Las Vegas business owner fired 22 of his 144 employees, phoning in anonymously to a local radio host and explaining how the decision was directly caused by President Obama’s reelection. The interview is articulate and nuanced, worth listening to in its entirety. But here’s the jist of...
  • Share This Massive List Of Post-Election Firings And Layoffs With Everyone You Can

    11/11/2012 6:16:21 AM PST · by SeekAndFind · 26 replies
    The Economic Collapse Blog ^ | 11/10/2012 | Michael Snyder
    By Michael, on November 9th, 2012 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...
  • Thousands of banks may disappear: Wall Street-Obama's 2nd term will be death knell for small banks

    11/10/2012 11:51:44 PM PST · by 2ndDivisionVet · 24 replies
    CNN Money ^ | November 9, 2012 | Stephen Gandel, senior editor
    Do we need to worry about Too Small to Survive? Now that President Obama has been re-elected, analysts, consultants and dealmakers have turned from whether Dodd-Frank will be repealed to what it means for banks now that it's likely here to stay. The overwhelming conclusion: Thousands of small banks will soon disappear. Emmett Daly, a Sandler O'Neill dealmaker who specializes in small banks, predicted at an industry conference put on by Mergermarket on Thursday that the number of banks in the U.S. would shrink to a few hundred. There are currently more than 7,000. Bill Egan, head of financial institutions...
  • Foodstamps Surge By Most In One Year To New All Time Record, In Delayed Release

    11/10/2012 11:47:59 AM PST · by Perdogg · 34 replies
    While there had been speculation that the BLS may delay the release of its October nonfarm payroll number until after the election, it turned out there was no reason to worry. Perhaps this is because the number, while at stall speed, was not quite as horrible as some had expected (even if the change in average hourly earnings did tumble to new all time lows) and so boosted Obama's reelection chances. There was, however, another closely tracked number which perhaps is far more indicative of the economic "growth" in the past 4 years, which certainly had a delayed release. The...
  • Virginia: DuPont to cut 64 local jobs

    11/10/2012 11:54:23 AM PST · by Arthurio · 9 replies
    DuPont Co. plans to cut 64 jobs in the Richmond area as part of a larger corporate restructuring announced in October. The affected jobs are salaried positions, a company spokeswoman said Friday. DuPont notified state officials through a WARN act notice, which said the cuts would by occur by Dec. 31.
  • Share This Massive List Of Post-Election Firings And Layoffs With Everyone You Can

    11/10/2012 7:19:18 AM PST · by blam · 39 replies
    TEC ^ | 11-9-2012 | Michael Snyder
    Share This Massive List Of Post-Election Firings And Layoffs With Everyone You Can By Michael Snyder on November 9th, 2012 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...
  • Momentive Inc. plans temporary layoffs for 150

    11/09/2012 12:50:28 AM PST · by My Favorite Headache · 5 replies
    About 150 workers at Sistersville's Momentive Performance Materials plant will be temporarily laid off later this month, officials said this week. Citing a reduction in customer demand and a weak economy, the company will lay off workers for a two week period beginning Nov. 12 and ending Nov. 25, with workers returning to the job Nov. 26. According to John Scharf, spokesperson for Momentive Performance Materials Inc., temporary layoffs due to reduced demand are commonplace in manufacturing. "There are slow downs like this at various times, where we don't receive many orders as other times of the year," he said....
  • W-B officials to announce mandatory layoffs

    11/09/2012 12:45:22 AM PST · by My Favorite Headache · 6 replies
    Wilkes-Barre city employees will know by the end of the week if their jobs are safe from furloughs during the final six weeks of the year, city officials said Wednesday. In October, the city asked its nearly 300 employees to take voluntary furloughs to patch a $2 million deficit. But the number of employees who accepted them by last Friday's deadline was not enough to solve the city's budget woes, forcing the city to resort to mandatory furloughs, city spokesman Drew McLaughlin said. McLaughlin said officials are still determining how they can reduce the work force without diminishing services. The...
  • 600 Layoffs At Groupon

    11/09/2012 12:42:05 AM PST · by My Favorite Headache · 8 replies
    Groupon is firing some employees today. A source familiar with the situation puts the number at 80. This is a significant number of people, obviously, but it's also a very small percentage of Groupon's 10,000+ global employees. Groupon is reporting Q3 earnings this evening. Management will presumably describe the details of these layoffs on the call. The source familiar with the situation suggests the cuts are part of a sales and marketing "optimization" effort that Groupon management alluded to on the last earnings call. UPDATE: Groupon disclosed that it has cut more than 600 jobs from its salesforce in the...
  • 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...
  • Murray Energy confirms 150 layoffs at three subsidiaries

    11/09/2012 12:35:24 AM PST · by My Favorite Headache · 7 replies
    WTOV ^ | 11/9/2012
    Steubenville, OH — NEWS9 got confirmation that Murray Energy Corporation and its subsidiaries will be laying off more than 150 employees. The company is citing President Barack Obama's administration as the main reason why the layoffs were made. In a letter given to employees, Bob Murray, company president, claimed several other reasons why this is being done. Specifically, he cited drastically reduced economic activity, reduced electric power consumption, total destruction of the coal industry by as early as 2030 and the enactment of twelve regulations pending from the Obama administration. Here's how the layoffs break down: 102 people are being...