Incomplete list of job loss announcements and shutdowns.
California: Independent movie distributor Alchemy laid off 40 people due to the poor ticket sales of its most recent movie releases. More proof you brick-n-mortar store owners can’t blame the internet/high tech for your demise; Sunnyvale based NetApp confirmed it will eliminate 1-thousand 476 jobs around the world (including hundred of jobs in North Carolina)! It’s blamed on steadily declining revenues.
Recycling doesn’t pay anymore! Low prices (deflation) for recyclables are killing off 2-hundred rePlanet recycling centers across The (not so) Golden State. At least 278 jobs lost: “Over the last five years, there’s this steady decline in the market value of recyclable materials, and it’s been about a 20 percent decline.”-Mark Oldfield, CalRecycle
Colorado: In Fort Collins, after 30 years restaurant South China shutting down due to a significant increase in rent.
Florida: Lee Roy Selmon’s shutting down their 10 years old Saint Petersburg restaurant. The corporate owners said it needed extensive remodeling, and it wasn’t worth it. They also blamed lack of parking and increased competition.
Indiana: MC Sports shutting down their store in Highland by the end of May.
Iowa: What was that about the United States being ‘free market’ and anti-communist? State taxpayers are about to be raped for an undisclosed amount of money to keep DuPont Pioneer in Johnston. No details have been released, yet.
Kentucky: The Village 8 movie house shutting down by the end of the year because its home, the Village Center mall, is being sold to KentuckyOne Health. Local news reports say the hospital operator refuses to say what it’ll do with the property, yet for some reason is buying up land in the area. Speculation is that KentuckyOne Health is trying to prevent competing hospital operators from moving in. So much for your healthcare, see what Obamacare is doing!
Montana: More job killing at University of Montana; 27 jobs gone by the end of June, due to what I call Disappearing Students Syndrome (DSS).
New Jersey: CarePoint Health eliminated an undisclosed number of employees at three hospitals in Hudson County. Union reps said 49 nurses at just one hospital were laid off last week. Another hospital is slashing hours for employees. The union is demanding CarePoint Health release financial data to prove the sudden layoffs and cuts in hours were justified.
New Mexico: In Albuquerque, the Satellite Coffee shop shutting down their Nob Hill location this weekend. It’s being consolidated with a restaurant across the street. It should be noted that the restaurant, Flying Star, is currently chapter 11 bankrupt busted.
New York: In NYC, Novitex Enterprise Solutions lost their contract with Schulte Roth & Zabel, 28 jobs gone by April. ReEnergy could shutdown their Lyonsdale biomass electricity generating power plant within 90 days due to no contract. They blame the lack of a new contract for their wood-chip generated electricity on the low prices of oil. 22 ReEnergy jobs could be lost, and at least 1-hundred local logging jobs in what I call a Ripple Effect Layoff (REL).
North Carolina: The MERCI Clinic in New Bern halting free medical services due to running out of grant money, and so far no new donations have come in.
Ohio: In Columbus, eateries Till Dynamic Fare and Izzy & Mo’s Luncheonette both shutting down. The owners said they’re leaving the area.
Oregon: Missouri based SunEdison is “reengineering” its Portland solar panel ops, meaning 40 people are about to be laid off. Administrators blame competition with low oil prices.
South Carolina: The Cash Wise halting their video rentals in Waite Park grocery store next week. The good news is they will expand their ‘natural foods’ section into the video rental space.
South Dakota: Grant-Deuel School District shutting down the school in Revillo, due to what I call Disappearing Students Syndrome (DSS): “You talk to any smaller school, smaller town and they are basically losing enrollment…..”-Paulette Grube, Dean of Students
Texas: SunEdison is shutting down its more than 20 years old solar panel factory in Pasadena, admitting it can’t compete with the low oil prices (however, they failed to mention the 2015 explosion at their Pasadena factory, that injured at least four people). 180 jobs lost! SunEdison lost nearly $1-billion USD in the first nine months of 2015, they have yet to report their 4th quarter results (which won’t be good ’cause that’s when the explosion happend).
Washington: In Seattle, after 40 years Don’s Daughter Donna’s Barber Shop shutting down next week, due to a tripling of rent! Reports say it’ll be replaced with a five story apartment complex.
West Virginia: Kanawha County School Board eliminating 25 jobs due to what I call Disappearing Students Syndrome (DSS). Local news reports say DSS is the number one reason for education layoffs in southern West Virginia.
WARN=Worker Adjustment & Retraining Notification
18 February 2016: Canada kills U.S. jobs despite getting millions in U.S. tax breaks!
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.”