The United States Marines Corps (USMC) announced plans to eliminate 20000 jobs by 2017!
The United States Army (USA) announced they are eliminating or reassigning 60000 positions!
The job cuts announced by the USMC and the USA are not part of the upcoming ‘sequestration’ spending cuts expected from Congress! The announced cuts were ordered by President Obama in 2012!
Germany’s Daimler Trucks gave layoff warning to thousands of U.S., German and Mexican employees. As many as 2100 people will be out-o-work in March! The layoffs will affect Freightliner and Western Star truck factories as well as Thomas Built school bus factories in the South & North Carolinas, Oregon and Mexico. This is the fault of company officials making incorrect estimates about where the economy was going. Last year Daimler officials said they were hiring back 1100 (that they laid off the year before) because they claimed demand for their trucks was going up. By the end of 2012 they had hired back only about 500, because it turned out that demand was not as high as they “forecast”. Now it turns out that demand is crashing, blame the bad economy and dumb execs.
JCPenney announced they will eliminate up to 1000 salon receptionist positions in March!
In Massachusetts, Boston Scientific will layoff 1000 employees around the world! This is on top of the 1400 planned layoffs announced in 2011. Company officials blame the additional layoffs on new medical taxes coming into effect under the Obama/Romney health care reforms.
In Wisconsin, non-profit WPS Heath Insurance said they are laying off 451 employees, starting at the end of March! The company was founded in 1946. Company officials said the layoffs are the result of the loss of Medicare and Tricare contracts.
Kaiser Permanente Hawaii will layoff 47 nurses. They are being replaced with cheaper “practical nurses” and “assistants”. So much for a high level of training, this is proof that corporations only care about how cheaply they can pay you, not how skilled you are!
Also in Hawaii, Kapolei Golf Club laid off 14 employees. Company officials said it was to ensure the club will “operate at optimal efficiency.”
California based VMware laying off 900 people! Despite the fact that the software company is reporting profits, officials said the layoffs were necessary because they expect 2013 to be a bad year for them, because many U.S. government deals are expected to get cut, and they don’t see any recovery for their European market.
In North Carolina, Flextronics is shutting down its Creedmoor factory, making 157 people unemployed! The company is consolidating factory operations.
New Hampshire based trucking company, Nashua Motor Express, closed down after 92 years in operation. They blamed the bad economy and the changing environment of shipping freight.
In New Mexico, an irony, a loan company has gone bankrupt. FastBucks is trying to get out of paying $20 million USD in court ordered restitution to customers that it ripped off!
In Virginia, the Martini Kitchen and Bubble Bar now bankrupt. They are in debt by $236000, which includes unpaid taxes. And in Roanoke, the only Hooters restaurant is now closed. The owner, Cornett Hospitality, went bankrupt. Also, Stafford County is losing the 40 years old J&S Market. The owners blame the bad economy and competition from national chain stores.
In Texas, Saks Fifth Avenue closing down a store in Dallas. A company press release implied the store was not “productive” enough. And Disney is shutting down its video game maker, Junction Point Studios, in Austin. Reports say about 50 people will be unemployed. The maker of Epic Mickey games has been losing money ever since they released the disappointing Epic Mickey 2 game.
In New York, the Olympia Sports in Consumer Square shut down. Owners say sales didn’t justify signing a new lease. Also, Closure Systems International Packaging Machinery ends its Randolph factory operations. They make bottle caps for aluminum and plastic bottles. No reason was given for the closure.
Haines Music store, in Pennsylvania, closing down after almost 50 years of providing school bands with supplies. The owners want to retire, and they said none of their children wanted to take over the store.
The Hess Port Reading fuel refinery in New Jersey, shut down for good. 170 people out-o-work! The operators of the refinery say they’ve actually lost money in the past two years, and, amazingly, they say the way the fuel market looks they didn’t expect to make any profits in the future. It also didn’t help that the operators were forced by federal and state regulators to spend $45 million on environmental controls.
Krispy Kremes lays off more than a dozen employees at a store in Springfield, Missouri. Officials said it is part of the company’s plans to get rid of “underperforming” stores.
In Louisiana, Delgato Community College will layoff 46 employees. School officials blame $13 million in debt, which is partly caused by a big declination in student enrollment.
Too big to fail Citigroup (and government bailout recipient) will slash & burn their small business loan operations. How many people will be laid off has not been announced. These new layoffs will be on top of the 11000 announced in December 2012.