Provider of equipment and management services for cancer clinics, OnCure Holdings, now bankrupt. The Colorado based company is being parted out, sold off, mass layoffs. 320 employees affected! Company officials blame Obama/Romney Affordable Health Care Act for slashing and burning Medicare/Medicaid payments. OnCure is the third health care company to go bankrupt between April and June! The other two bankrupt health care companies, Rotech Healthcare and Sound Shore Medical Center, both blame Obama Care!
The University of Missouri Health Care is laying off, or reducing the hours of 35 employees, plus 90 vacant positions will not be filled. It being blamed on reduced Medicare/Medicaid payments!
In Michigan, non-profit health care research company, Altarum Institute, laid off 15 people. They’re blaming it on the federal sequestration funding cuts. What automotive industry recovery? Germany based Benteler Automotive shutting down their Grand Rapids factory, in March 2014. 220 employees affected! The company said that all signs point to tougher competition in the automotive industry and they must become more efficient. And two staffing contractors working for Detroit Public Schools laid off 650 employees! The staffing companies say it’s because the school district has failed to pay them for services rendered!
In Pennsylvania, the Philadelphia School District laid off another 76 employees. The week prior they laid off 3800 employees!!! A new tax on cigarettes was created to help fund the school district. They are also considering raising the liquor tax.
In Illinois, the Chicago Public Schools laid off 850 employees! Schools are being closed.
In Virginia, Isle of Wight Schools laying off 21 employees. The budget for the district is $4 million USD less than last school year’s, despite an increase in local taxes!
Washington DC’s Howard University eliminated 75 jobs. Apparently the school is in big financial trouble.
Iowa’s Ashford University is begging employees to voluntarily quit! This includes employees at its Colorado and California campuses. Reports say the university has suffered huge declines in student enrollment. One report says enrollment is down 16000 from the year before!
The parent company of University of Phoenix, Apollo Group, laid off 24 people in Arizona. It’s part of a planned layoff of 1000 employees!!! It’s blamed on massive declines in student enrollment.
In Wisconsin, heavy equipment maker Caterpillar continues its trend of layoffs. 260 people unemployed due to crashing mining equipment sales! Caterpillar has already laid off more than 500 hundred people in Illinois!
In Florida, the Palm Beach Ritz Carlton hotel laid off 452 people! It’s the result of a major management change at the hotel.
California based OneWest Bank laying off 725 people in Texas! OneWest was taken over by Georgia based Ocwen Financial. And in Dallas, Saks Fifth Avenue shut down. 123 people out-o-work!
Speaking of the Golden State, the YWCA Thrift Store closed in Watsonville. After 54 years of operations the bad economy did the non-profit store in. In Sacramento, two The Beat music stores shut down after 30 years of business. The business owner blames the property owner for jacking up the rents!
In Portland, Oregon, Solopower shut down. 29 people unemployed.
What oil boom? In Fargo, North Dakota, the 109 Consign store closed down.
Della Notte restaurant shut down in Baltimore, Maryland. No reason given.
The 29 years old Sassafras Gift Shop closed in South Norwalk, Connecticut. The owner blamed it on a declining market for gift shops, and on the fact that city officials expect businesses to be money makers for the city.
Another Mitt Romney Staples closing down. This one is in the Barrington Shopping Plaza in Rhode Island. It’s part of the Romney wounderkind’s plans to close stores across the United States and Europe.
In New York City, New York, Gleacher & Company Securities laid off 55 employees. And Royal Health laid off 39 people. In Syracuse, Scolaro, Shulman, Cohen, Fetter & Burstein, law firm, laid off 50 employees. In Yonkers, Belmay closed. 60 people laid off.
And the Christian God can’t stop the North Grafton United Methodist Church from shutting down. The 166 years old Massachusetts church is blaming it on lack of members.