Arkansas: Marketing company Acxiom laid off 30 people. 25 people were laid off in February. Administrators say they lost $11.4-million USD for their fiscal 2015 year!
Colorado: Book seller Barnes&Noble shutting down their Denver store on New Year’s Eve.
Connecticut: What I call Disappearing Students Syndrome is forcing Korn Elementary School to shutdown half way through the current school year! School administrators revealed that enrollment has been declining for the past five years, despite local real estate weenie heads claiming that home sales are bringing in families with children.
Florida: Employees revealed that the Lake Park Kmart will shutdown by Thanksgiving.
Georgia: 14 years old Psycho Sisters consignment store in Sandy Springs shutting down after Xmas. It’s blamed on competition from national chain stores. Formerly owned by Warren Buffet, World Marketing now bankrupt and eliminated 4-hundred jobs in Smyrna and Atlanta! Attorneys say final paychecks will not be forthcoming, former employees will have to take legal action! It’s been revealed that yesterday’s sudden shutdown of almost a dozen restaurants in Atlanta resulted in 1-thousand people suddenly becoming jobless! And as I reported yesterday, administrators admitted that because the company is broke many former employees will not get a final paycheck! So between the marketing company and the restaurant company 1,400 people in Georgia basically worked for free in the past couple of weeks! (been there, experienced that here in Idaho, it’s amazing how many people think it’s illegal not to get a final paycheck)
Idaho: Money crimes are big in Idaho. A Boise County clerk has been charged with stealing $46,922 in tax & fee revenues (Boise County is not where Boise City is located, that’s Ada County). Auditors also discovered that the lack of public transparency as to how local governments handle revenues contributed to the theft. A former CFO for Bonner General Health has turned herself in after being accused of embezzling $225-thousand USD! She left Bonner General hospital for Montrose Memorial Hospital in Colorado, but is no longer employed. Investigators allege that she stole the money from her employer by using company credit cards and taking small amounts of cash. KIFI TV reporting that a committee formed to assist Right to Work (you over) conservative Republican ‘lawmakers’ to create new taxes (under the guise of tax reforms of course) has meet publicly, for the first time! The Gem State is known as a place where politicians can rest assured they can meet in secret 100% of the time, and never reveal their machinations to the public, despite ‘open meeting’ laws.
Illinois: It’s been revealed that US Steel is considering eliminating 2-thousand jobs at its Granite City Works foundry! Last month the Pennsylvania based company announced it would be conducting massive layoffs, but gave no details. US Steel has been eliminating jobs since last year, blaming China for dumping steel on the market and blaming the oil industry (their biggest customer) for cutting orders.
Kansas: In Wichita, after about 90 years Richmond Electric shutdown: “We’ve kind of struggled over the last … five years. People just use their tools, and then they throw them away. … It’s a very disposable society.”-Trish VanOsdel, owner
Louisiana: Baker School System eliminated 40 more jobs, on top of the 20 already eliminated since May.
Maine: In Bangor, Hammond Street Senior Center shutting down due to skyrocketing costs and declining revenue, affecting 5-hundred members!
Massachusetts: Boston Weak based, Mormon Mitt Romney co-founded Bain Capital liquidating its Absolute Return Capital hedge fund due to long term losses caused by a “challenging” environment.
Michigan: Too Big to Jail Monroe Bank & Trust shutting down six offices in the name of “efficiency”. After 60 years flower farm Hamilton Dahlia Farm shutdown. The business peaked in 2006, now the owner says it’s time for her to retire.
Missouri: Evil Saint Louis based chemical warfare and GMO maker Monsanto eliminating 2-thousand 6-hundred jobs blaming the crashing and burning global farm industry! Gee, decades ago Monsanto swore their chemicals and Genetically Modified Organisms were going to save the global farm industry!!!
Nevada: Southern Nevada Regional Housing Authority warning of layoffs because they’re short $1.8-million USD!
New Jersey: Argix Logistics suddenly laid off 164 people, one month after announcing a major tech deal with Descartes Systems Group!
New York: In Southampton, Side By Side Child Care Center shutdown due to crashing enrollment after two of its employees were arrested. NYC based internet shopping website you never heard of Gilt Groupe laid off 45 people. Is Affordable Care Act (ObamaCare) behind Health Republic Insurance of New York issuing of a shutdown WARN? 147 jobs lost right after Xmas!
North Carolina: What was that about ObamaCare expanding access to healthcare? Franklin Medical Center shutting down next week, leaving the entire Franklin County without a hospital! No thanks to the Affordable Care Act “Despite an outstanding staff, investments in the facility, and a reconfiguration of hospital services last fall, we were unable to create a sustainable model.”
Pennsylvania: Massachusetts based Osram Sylvania shutting down their Wellsboro glass/metal factory by September 2016, 114 jobs lost! Due to the ‘recovered’ economy the factory is operating at only 50% capacity!
South Dakota: After 51 years the 151 room Ramada Aberdeen Hotel and Conference Center shutting down due to “over-supply in a flat market”, 60 jobs lost.
Texas: Dallas based upscale retailer Neiman Marcus revealed it laid off 5-hundred people last week! It’s the result of taking over competitors and trying to come up with money to pay for building new stores. Kansas based resin company Invista laying off 75 Texans in Orange, administrators WARNed there could be more layoffs saying “The Orange unit is no longer competitive.”
Washington: The Black Bear Diner in Olympia shutting down right before Thanksgiving. 45 jobs lost because the Gott-Damned landlord jacked up the rent by 60% and refused to make necessary building improvements!
Washington DC: For about 7-million U.S. citizens on Medicare part B their costs are expected to go up by 52% in 2016, for some their monthly payments will hit $509! So much for taxpayer funded healthcare! Apparently the old fogies on Medicare part B are now considered too wealthy.
06 October 2015: Burger King dethroned
WARN=Worker Adjustment & Retraining Notification
Former employees who receive severance are not counted as unemployed
The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”