I am Jane Galt....
I think it is just a sign of reality. Businesses were in a holding pattern until after the election. Now they know which direction to head.
This economist has a link to the layoffs site. Ugh.
Two possible directions.
One is, the pols get the message and take corrective action.
Two, the collectivists respond the way Stalin and Chavez did, condemning the employers as ‘wreckers’ and nationalizing the various industries one at a time.
History favors option 2 as the course of action, because collectivists are not open to the possibility that their model is absolute stupidity.
Only problem is, there’s no money.
Hello, Zimbabwe.
GG....I truly believe this is all part of his plan. Run small biz’s out of business....and nationalize the rest. IOW.....Venezuela.
I know it won’t happen but just imagine what would happen if some big businesses started closing up and their owners retiring. Imagine if Gibson Guitar had given everyone a pink slip after they had their wood confiscated saying “we can’t continue to operate under these kind of policies”. A few doing that and people would really sit up and take notice. Our online business is actually growing in this recession. We will have to decide whether to hire help or remain a small mom and pop business. No one will notice if we don’t decide to hire but multiply that by thousands of small businesses and it has a big effect.
As long as the financial markets continue to support the Baraqqi/Bernanke/Geithner minibucks that pour out, the dance goes on.
We’re riding a wave of false “prosperity” like that family in 2007 with two leased luxury SUVs, a McMansion with negative equity, and maxxed out credit cards and helocs.
Layoff numbers
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 | |
Bartikowsky Jewelers | 25 | 2271 | Retail | Business closure |
Boston Scientific | 1200 | 3471 | Med Eq/Dev Mfg | |
Brake Parts LLC | 75 | 3546 | Automotive | |
Bristol-Myers Squibb | 479 | 4025 | Health | |
Career Education Corp | 900 | 4925 | Education | |
Caterpillar | 100 | 5025 | Construction Eq | |
Center for Hospice and Palliative Care | 40 | 5065 | Health | |
Cigna | 1300 | 6365 | Health | |
Community Newspaper Holdings Inc | 21 | 6386 | Media | |
Covidien | 595 | 6981 | Health | |
Crouse Hospital Syracuse | 70 | 7051 | Health | |
CVPH | 17 | 7068 | Health | |
Dana Holding Corp | 7 | 7075 | Automotive | |
Energizer | 1500 | 8575 | Energy | |
Exide | 150 | 8725 | Energy | |
Groupon | 600 | 9325 | Consumer | |
Hawker Beechcraft | 410 | 9735 | Aerospace | |
Hill-Rom | 200 | 9935 | Med Eq/Dev Mfg | |
Husqvarna | 600 | 10535 | Tools | Cuts in Sweden |
Kinetic Concepts | 427 | 10962 | Health | |
Lightyear Network Solutions | 14 | 10976 | Software/internet | |
Medtronic | 500 | 11476 | Med Eq/Dev Mfg | |
Mills Manufacturing | 68 | 11544 | Defense | |
Momentive Performance Materials | 150 | 11694 | Chemicals | |
Murray Energy Corporation | 48 | 11742 | Energy | |
New Energy | 40 | 11782 | Energy | |
OCE | 135 | 11917 | Office equip | |
Penn Refrigeration | 30 | 11947 | ||
Providence Journal | 23 | 11970 | Media | |
Research in Motion | 200 | 12170 | Consumer Electronics | |
Smith & Nephew | 770 | 12940 | Med Eq/Dev Mfg | |
Southeastern Container | 15 | 12955 | Consumer | |
Space X | 100 | 13055 | Defense | |
St Jude Medical | 300 | 13355 | Health | |
Stryker | 96 | 13451 | Med Eq/Dev Mfg | |
TE Connectivity | 620 | 14071 | Electronics | |
Teco Coal Corporation | 90 | 14161 | Energy | |
TurboCare | 88 | 14249 | Energy | |
U.S. Cellular | 980 | 15229 | Electronics | |
Umatilla Chemical Depot | 34 | 15263 | Defense | |
UtahAmerican Energy | 102 | 15365 | Energy | |
Vestas | 3000 | 18365 | Energy | |
Welch Allyn | 275 | 18640 | Med Eq Mfg | |
West Ridge Mine | 102 | 18742 | Energy | |
Westinghouse | 17 | 18759 | Hi Tech Services | |
Westinghouse Anniston | 50 | 18809 | Defense | |
Wright-Patterson | 115 | 18924 | Defense | |
Yakima Regional Medical Center | 10 | 18934 | Health | |
Layoffs without exact number specified
Organization | % Laid off | Sector | Notes | |
---|---|---|---|---|
Boeing Defense, Space & Security | 30 | Defense | Executive Staff | |
Corning | 4 | Manufacturing | Executive Staff | |
Saugerties | Government | |||
Slidell | Government | "Will try to spread equally" | ||
United Blood Services | 10 | Health | All staff | |
Wilkes-Barre | Government | Firefighters | ||
Worker Reduction In Scheduled Time (to below ObamaCare threshold)
Organization | % WRIST | # Affected | Sector | Notes |
---|---|---|---|---|
Darden Restaurants | Food service | |||
JANCOA Janitorial Services | Janitorial Service | |||
Kroger | Grocery | |||
The Amish are on a riot hair trigger. They are ALWAYS lookin
for an excuse.
I think if Atlas shruggs too hard or too much then we get the
SHTF scenario that we have all been discussing for the last
four years. Let it come. The sooner we can puke out this
POS POTUS the sooner we can pull this country back from the nosedive.
Resignation, impeachment, military junta... I don’t care how
he exits.. just that he does.
Response: Screw 'em!! You can't take it, if it doesn't exist. And you vote to take my property, I'm not hiring you. Eat Obama promises and see how fat you get.
The divider in chief is creating an America with far less goodwill toward one another. Thank you Bronco Bama.
It is a sign of how the "recovery" will work - without drastic measures by the People, we will be able to teach third world countries a thing or two about going third world.