In California, the company behind the computer effects in the movie Life of Pi, now bankrupt! Rhythm & Hues laid off at least 200 employees! The company is apparently broke and can’t even pay employees.
Schmidt’s Bakery and Delicatessen in Colorado bankrupt. 40 people out-o-work. Former employees must now deal with state tax officials to try and get their final paychecks. State tax officials seized the company on 08 January 2013.
In New York, the Horseheads Central School District said they will have to lay of employees and close down at least one school. They blame it on a $8.2 million USD budget shortfall. Also, Garden City says they will layoff six firefighters, and a lieutenant reduced in pay. Some of the city officials said the city needed to save money and their fire department was overstaffed. In Leicester 70 years old Christano Hardware closed down. Owners blame competition from national chain stores. A Kmart in Depew will close down by April, 68 people out-o-work. Advanced Monolythic Ceramics shutting down their Ocean factory, 65 people out-o-work. Company officials blamed the bad economy for forcing a consolidation of operations.
Epic Game’s closing its Maryland operation. Company officials said things just weren’t “working out”.
In Pennsylvania, Kettering Corner ice cream shop closed down. The owner says she can’t do it anymore, since her husband died. And Jonathan Best gourmet grocery store closing down by the end of March. The owner blamed increased competition.
The Circle II Restaurant in North Carolina seized by state tax officials. State officials say the owners owe $178000 in back taxes. The Women’s Choice clinic closed down, no details as to why, but several protesters said they are happy about it.
In Batavia, Illinois, Portola Packaging closing its factory and consolidating operations to Tennessee and Arizona. 76 people out-o-work in Illinois. It’s not that the company doesn’t have the money, they’re spending $12 million USD on upgrading the Tennessee and Arizona factories.
In Texas, Gene Allen’s Gifts closing down its Arlington shop on 15 March. The owner blames the greedy landlord.
Too Big to Jail, U.K. based Barclays increased their planned layoffs to 3700 worldwide! The layoffs will affect employees in the United States. The massive layoffs are being called Project Transform.
It’s been revealed that a major drug maker, Pfizer, has laid off more people than it officially announced two years ago. It turns out that the pharmaceutical company laid off 250 more people at its Groton laboratories, than first stated!