Incomplete list of announced closings and layoffs:
The largest U.S. housing keeping contractor for hotels, Hospitality Staffing Solutions Group, now bankrupt. Company officials blame the discovery of massive employee verification problems (fraud?) and the bad economy. 6700 jobs affected!
Arizona: The rip off internet based University of Phoenix revealed how many people it will layoff; 500!
California: Another internet based company cutting jobs. SpinMedia laid off an undisclosed number of employees, and officials said the bad economy is affecting even internet business. In Anaheim, internet lender CashCall warned of 769 layoffs! It’s blamed on the bad economy and the fact that CashCall has violated laws in several states regarding interest rates. In Irvine, connectivity chip giant Broadcom laying off 1150 people around the world! The company blames it on their purchase of 4G LTE wireless technology.
Connecticut: In Stratford, Barnum Duckpin bowling lanes shutdown. Management said they were losing money big time, despite spending big bucks totally remodeling the joint!
Indiana: In Muncie, MainStreet Market shutdown. The greedy property owner jacked up the rent. Major Christian hospital network, Franciscan Alliance, laid off 275 health care workers! In September the hospital chain laid off 150 health care workers in Illinois! Hospital officials directly blame Obama Care: “Franciscan Alliance has not been immune to such pressures and has found it necessary to align staffing levels to reflect lower patient volumes and reduced industrywide reimbursements brought on by reforms associated with the Affordable Care Act.”-Kevin Leahy, CEO
Massachusetts: Medical device maker, Boston Scientific, laying off 1500 employees! Company officials say they have to “restructure” to deal with the bad economy and new Obama Care taxes on medical devices.
Michigan: After 27 years Loafer’s Glory restaurant shutdown.
Missouri: Normandy School District laid off 103 people! Schools to shutdown! It’s blamed on crashing student enrollment. Apparently 1-thousand students have transferred to better performing districts! Normandy School District is not accredited. A utility holding company, Ameren Corporation, warned of more layoffs. Ameren Corp has been laying off employees since 2009!
New Jersey: Too Big to Jail KCG Holdings laid off 30 employees. It’s blamed on a merger.
Pennsylvania: East Stroudsburg University laid off 30 people. It’s blamed on decreased funding and enrollment. In Philadelphia, Mikey’s American Grill shutdown. The owners of the sports bar blamed the landlord, calling him “toxic”.
Rhode Island: The Providence Journal laid off 11 people, on top of the 16 people who quit. It’s blamed on crashing sales.
Tennessee: In Memphis, Delta Airlines laid off 126 employees! This is on top of the 230 job cuts made in June! Company officials blame the bad economy.
The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.
“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013