Keyword: layoffs

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  • 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...
  • 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'...
  • 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...
  • Obama blamed for coal layoffs

    11/12/2012 5:08:25 PM PST · by Red Steel · 12 replies
    Post Gazette ^ | November 10, 2012 12:26 am
    WASHINGTON -- Citing what he perceives as an Obama administration "war on coal," an Ohio coal mining executive and prominent Republican donor responded to the results of the presidential election by laying off more than 150 workers. Robert Murray, chief executive of Murray Energy Co., the largest privately held coal company in America, blamed the layoffs on President Barack Obama -- and, by extension, the voters who elected him -- in a memo to employees. The company employs 3,000 people and produces 30 million tons of coal a year. "The American people have made their choice," Mr. Murray said in...
  • Obama keeps job; others lose theirs

    11/12/2012 4:51:27 PM PST · by Red Steel · 6 replies
    Washington Times ^ | November 11, 2012 | Tim Devaney
    After an election campaign that featured jobs as a central issue, some of the nation’s businesses have responded to President Obama’s victory with a series of layoff announcements related to a variety of factors including the New Year’s “fiscal cliff.” A number of companies had hoped the election of Republican Mitt Romney would raise the chances of avoiding the cliff’s $1 trillion in federal spending cuts, half of them defense-related, plus higher taxes from the expiration of the George W. Bush-era tax cuts. Other factors in the spate of layoff notices included costs related to Mr. Obama’s health care plan...
  • Applebees Layoffs Sparked by Obamacare

    11/12/2012 4:39:51 PM PST · by Red Steel · 8 replies
    Food Beat ^ | November 12, 2012 @ 1:07 pm | Angela Ayles
    Applebee’s CEO Zane Tankel hinted yesterday that the company will be likely be laying off several employees and will refrain from hiring more due to President Obama’s re-election and the roll-out of Obamacare. For those of you unaware of Obamacare, it a new initiative put forth by the President which requires any employer with 50 or more employees to provide federal government-approved health care for its employees. If a company fails to do so, it will pay a $2,000 fine per person. Tankel released the following statement to Fox News: “We’ve calculated it will cost some millions of dollars across...
  • 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...
  • 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...
  • More Layoffs At NBCU’s TV Networks

    11/12/2012 4:27:01 PM PST · by Red Steel · 10 replies
    Deadline.com ^ | Monday November 12, 2012 @ 11:26am PST | NELLIE ANDREEVA
    EXCLUSIVE UPDATED: It seems like there is another wave of belt-tightening at NBCUniversal. I hear the company has been imposing layoffs across the various TV divisions of the company. The layoffs started two weeks ago with Los Angeles-based personnel, with New York-based employees getting pink slips today. (NBCU’s LA-based film studio, Universal Pictures, also was hit with layoffs about two weeks ago, when it let go of 25 employees.) I hear the cuts, which don’t appear to be very deep, are the result of a corporate decision and virtually all networks are affected to some extent including NBC; Syfy; USA;...
  • Hostess Brands permanently closing 3 bakeries following employee strike

    11/12/2012 3:01:06 PM PST · by Nachum · 85 replies
    Associated Press ^ | 11/12/12 | Staff
    IRVING, Texas — Hostess Brands Inc. is permanently closing three bakeries following a nationwide strike by its bakers union. The Texas-based maker of Twinkies and Ding Dongs says the strike has prevented it from producing and delivering products. Hostess warned earlier this month that the strike, by about 30 percent of its workforce, could lead to bakery closures. It said Monday that it will close bakeries in Seattle, St. Louis and Cincinnati that collectively employ 627 workers. The company has about 18,300 employees. Thousands of members of the Bakery, Confectionery, Tobacco 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...
  • Carrollton-based company issues layoff warning for 459 Dallas employees

    11/12/2012 10:54:44 AM PST · by 2ndDivisionVet · 11 replies
    WFAA-TV ^ | November 12, 2012
    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 21, 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...
  • The layoffs have only just begun; when will they end?

    11/12/2012 8:49:19 AM PST · by jmaroneps37 · 21 replies
    coachisright.com ^ | Nov 12, 2012 | Kevin "Coach" Collins
    It didn’t take long. The layoffs and closings are piling up. The saddest thing about compiling this list is that by the time today is over, the list will probably have grown dramatically. The next saddest part is that at least some of these lay off employees voted for Barack Obama because they didn’t believe this would happen. These are more than just headlines. Every number represents real people who have lost their livelihood. Boeing Announces Big Layoffs in Defense Division cut 30% of workforce Anonymous employer in Los Vegas: “I have 114 employees. I’m firing 22” Momentive Inc. plans...
  • Death spiral: Hours cut, workers pushed to part-time due to Obamacare; ‘They keep cutting my hours’

    11/12/2012 4:23:57 AM PST · by lowbridge · 64 replies
    http://twitchy.com ^ | november 11, 2012
    As Twitchy has been reporting, the layoff bomb has detonated. Many companies, both large and small, have been forced to lay off workers due to President Obama’s re-election. With no hope of Obamacare being repealed, they are now forced to lay off employees in order to stay in business. But it’s not just layoffs. Some companies are also contemplating cutting hours. Sadly, many companies have already done so. Part-time is the new full-time in Obamaville. This doesn’t just hurt the workers, who now have to try to live on a far more meager salary. It hurts the country as a...
  • Lockheed Martin Exec Who Followed Admin Lead on WARN Act Resigns Due to Affair

    11/11/2012 5:17:17 PM PST · by SeekAndFind · 52 replies
    Pajamas Media ^ | 11/12/2012 | Bridget Johnson
    The CEO-in-waiting of the defense contractor who declined to issue WARN Act layoff notices on the urging of the Obama administration — sequestration-related notices mandated by law that would have gone out just before the election — has resigned, citing an affair. Christopher E. Kubasik, 51, today resigned from his role as vice chairman, president and chief operating officer (COO), effective immediately, Lockheed Martin announced. Kubasik was set to become CEO in January. He “resigned after an ethics investigation confirmed that he had a close personal relationship with a subordinate employee. His actions violated the company’s Code of Ethics and...
  • 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...
  • Mayor: Proctor and Gamble 'downsizing' a 'huge loss'

    11/11/2012 4:39:31 PM PST · by 2ndDivisionVet · 16 replies
    WRDW-TV ^ | November 9, 2012
    AUGUSTA, Ga. -- Augusta Mayor Deke Copenhaver and the local development authority insist they are following a playbook that could stop a planned Proctor and Gamble "downsizing" from being a total loss for the city. "We are downsizing and restructuring," said plant manager Marian Futrell. The announcement comes just a few years after the launch of two new brands -- the Bounce Bar and Gain in a Bag. "The morale is high, the energy is wonderful, life is good at P&G Augusta," proclaimed Futrell back in 2009. Sources have confirmed to News 12 that Procter and Gamble will be phasing...
  • Applebee’s CEO Announces Hiring Freeze And Layoffs Over Obamacare, Boycott Threatened

    11/11/2012 1:41:55 PM PST · by 2ndDivisionVet · 54 replies
    The Inquisitr ^ | November 11, 2012 | H. Scott English
    The CEO of a huge New York Applebees franchise decided to join fellow fast food CEO John Shattner of Papa John’s in saying that he will layoff workers and stop hiring new ones if the Affordable Care Act, also known as Obamacare, is implemented. Applebees franchise owner Zane Tankel, announced his plans almost immediately after President Obama’s reelection. The Twitterverse immediately went crazy with plans for boycotts. One tweet read: “So far I’ve seen Papa John’s and Applebees threatening to fire people since their choice didn’t win the election. Disgusting on either side.” Others said: “BOYCOTT APPLEBEES NOW.” “Add @Applebees...
  • Website for layoffs, company closings

    11/11/2012 12:52:35 PM PST · by KeyLargo · 25 replies
    I found this website for future reference. Are there any other sites where we can find and keep tabs on all of the coming layoffs, plant closings, and shifts to part-time employees from full time due to the Obama economic policies ? Dailyjobcuts.com http://www.dailyjobcuts.com/
  • 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...