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Thread: Boeing Announces Big Layoffs in Defense Division

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    Senior Member AirborneSapper7's Avatar
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    Boeing Announces Big Layoffs in Defense Division

    Boeing Announces Big Layoffs in Defense Division

    Published: Wednesday, 7 Nov 2012 | 2:59 PM ET
    By: Reuters

    Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.

    More at the link Boeing Announces Big Layoffs in Defense Division - US Business News - CNBC
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    VEGAS BUSINESS OWNER FIRES 22 EMPLOYEES AFTER OBAMA VICTORY

    by TONY LEE8 Nov 2012,

    After President Barack Obama won reelection, a Las Vegas business owner fired 22 employees because he feared he could no longer keep up with the costs that would be imposed on his business due to regulations such as Obamacare.

    The business owner, who asked to remain anonymous, called into 100.5 KXNT and said ďelections have consequencesĒ and that ďat the end of the day, I need to survive.Ē

    ďIíve done my share of educating my employees. I never tell them which way to vote. I believe in the free system we have, I believe in the right to choose who they want to be president, but I did explain as a business owner that I have always put my employees first," the business owner said. "I always made sure that when I went without a paycheck that [I] made sure they were paid. And I explained that I always put them first and unfortunately Iím at a point where Iím being forced to have to worry about me and my family now and a business that I built from just me to 114 employees."
    The business owner said that he tried to explain to his employees a month ago that " if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and Iím gonna have to make provisions to make sure I have enough money to cover the payroll taxes."

    The business owner said he warned his employees, most of whom are Hispanic, of his concerns before the election, but now he unfortunately had to be "proactive" in firing 22 employees "to make sure that my business is gonna thrive and Iím gonna be around for years to come."

    "I have to build up that nest egg now for the taxes and regulations that are coming my way," the business owner said. "The Dow alone lost 314 points today. Thereís a tsunami coming and if you didnít think this election had consequences, just wait.Ē


    Vegas Business Owner Fires 22 Employees After Obama Victory
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    Senior Member AirborneSapper7's Avatar
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    many more to come... down here in Florida they are cutting peoples hours far below full time so they dont have to pay for Obamacare... which means the tax payers are going to fully fund Obamacare.. NOT employers

    Nurses are also being cut or reduced in hours for the very same reason

    Job cuts. reduced hours and Forced to Muck'n pay for it

    this is going to get bad REAL Quick
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    Super Moderator Newmexican's Avatar
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    Momentive Inc. plans temporary layoffs for 150

    Reduction in demand cited

    November 7, 2012

    Tyler Star News
    By J.W. JOHNSON JR.
    Staff Writer
    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. "The last time we had a layoff like this was 1975, but it was a different company back then."
    Momentive employs 410 salaried and hourly workers at the plant, which produces silicon-based products that are then used by various industries, including automotive, health care and electronics. Scharf said demand is low from some of the largest users of Momentive's products, mainly in automotive, residential construction, textiles and furniture.
    "We're always looking at what we can do and evaluating our business conditions to remain competitive, and that is a key component of any effective business plan," he said.
    Scharf said a number of factors determined which workers would be laid off, starting with the mandated safety and compliance standards. Additionally, the company's agreement with the worker's union, as well as what areas the decreased demand effect most, are taken into consideration, Scharf said.
    Some systems at the plant will continue to work during the layoff period, while others will be idled. Scharf said special benefits will be made available to assist employees affected by the layoff, including income extension aid as well as government-provided unemployment funds and continued medical and dental benefits for employees and their dependents. Scharf said as of now, Momentive is not considering making more permanent layoffs.
    Momentive Inc. plans temporary layoffs for 150 - TylerStarNews.com | News, information, Sistersville and Tyler County WV - Tyler Star News
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    Super Moderator Newmexican's Avatar
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    W-B officials to announce mandatory layoffs

    BY CHRISTOPHER HONG (STAFF WRITER)
    Published: November 8, 2012

    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 city will make a public announcement by Friday, McLaughlin said.
    W-B officials to announce mandatory layoffs - News - Citizens' Voice

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    Super Moderator Newmexican's Avatar
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    More layoffs announced at Anniston weapons incinerator
    Nov 08, 2012 |


    Read more:Anniston Star - More layoffs announced at Anniston weapons incinerator


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    Murray Energy confirms layoffs at three subsidiaries


    • By Ryan Eldredge and NEWS9
    • Thursday, Nov. 8, 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 laid off at Murray's Utah Energy Incorporated, in Utah.
      54 are from Murray's American Coal Company, which has holdings in Illinois and Ohio.
      Seven are from the Kanawha Transportation Center in Wheeling.

      There were also some small reductions at a few other subsidiaries as well.
      Murray Energy confirms layoffs at three subsidiaries | www.wtov9.com

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    Stanford KY brake plant to lay off 75

    Published: November 7, 2012


    Read more here: Stanford brake plant to lay off 75 | Business | Kentucky.com

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    TurboCare, Oce laying off more than 220 workers



    More than 220 workers in Manchester and East Hartford face layoffs in the coming weeks, according to notices filed with the state.

    TurboCare Inc., which makes parts for gas and steam turbines, plans to close its Manchester plant and lay off all 88 of its employees, a notice filed with the state Labor Department says.
    Story at:
    TurboCare, Oce laying off more than 220 workers Republican American
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    ATI plans to lay off 172 workers in North Richland Hills

    Posted Wednesday, Nov. 07, 2012

    BY DIANE SMITH
    dianesmith@star-telegram.com
    NORTH RICHLAND HILLS -- ATI Schools & Colleges plans to lay off 172 employees by Dec. 31, according to notices sent to the Texas Workforce Commission last week.
    ATI is laying off 122 people at its home office at 6331 Boulevard 26 in North Richland Hills, according to an Oct. 31 letter citing the Worker Adjustment and Retraining Notification Act of 1988. That notice explains that ATI has decided to reduce its workforce at that location.
    An additional 50 people are expected to be laid off from ATI Career Training Center No. 30, at nearby 6351 Boulevard 26, according to a second notice sent to the state.

    Read more here: http://www.star-telegram.com/2012/11...#storylink=cpy

    Complete article at:
    Read more here: ATI plans to lay off 172 workers in North Richland Hills | Business | Dallas Business, T...


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