Category Archives: Business/Economics

Business/Economics, U.S.

World War 3, U.S. Economic Front: Job losses & store closings 09 July 2013. Taxes killing businesses! University shuts down! More 100+ years old stores shut down!

Tootie Pies bankrupt in Texas, despite a 300% increase in sales over the past six years.  Ironically, the bankruptcy is about taking on more debt financing: “We had no choice. Now, we are going to be able to move forward and get more capital infusion.”-Leslie Doss, newly appointed CEO

Baby killer Endicott Interconnect (they make electronics for the U.S. Department of Defense) now bankrupt.  Court documents show the company spent the previous year paying out $18-million USD to current and former ‘insiders’.  Company officials said they were paying back loans.

In California, TaskRabbit laid off 13 people by outsourcing their jobs, despite claiming strong growth.  The University of the Pacific’s McGeorge School of Law laid off nine employees.  It’s blamed on continuing declines in student enrollment.  In Irvine, a Ralph’s grocery store closed.  51 people unemployed.  

Honeywell lays off most of its employees in Goose Bay, South Carolina.  About 320 of the 429 employees got layoff notices!  It’s blamed on U.S. Department of Defense spending cuts.

The Batavia Route 31 Burger King in Illinois shut down.  The owner said the store never did do well.   In Decature, 173 employees of Tri-R construction company were told they could be unemployed, because of a lost contract!

In Ohio, the 165 years old Chancellor University shut down.  It’s blamed on years of mergers resulting in accreditation and financial problems.  Ace Hardware closed its Perrysburg Township distribution center.  About 100 jobs affected!

In Nebraska, adult only store Basic Tease Boutique closed: “I can’t compete with the internet.”-Tamara Heasler-Webster, owner

A Golf Mart closed in Virginia.  It’s the fourth store the owner has closed, he blames the bad economy.

In New Jersey, it was announced the Deptford Kmart will close by the end of September.  65 jobs lost.

FirstEnergy in Pennsylvania, wants to shut down two coal fired electricity generating power plants. 380 jobs affected!

In New York, 40 years old Pumpernickle N Pastry closed.  The owners blamed increasing state taxation without proper representation!!!  FedEx closed its East Meadow office.  The office was in a bad location, even employees said they had a hard time seeing it from the main street.

YoYo Joe’s toy store shut down in Delaware.  The owner blames the internet.

Shaws Supermarket closed six grocery stores in Massachusetts and Rhode Island: “The stores identified have not been profitable for quite some time, and despite the best efforts of the company and our associates, we have not been able to reposition them to better compete in the marketplace.”   They closed five stores in 2011.

In Maine, 121 years old Parks Hardware closed.  The owner blames many things for the downward trend in the U.S. economy: “I can see where the transition is happening. I kind of sat down and analyzed things for years to see what the trends were.”-Lin White Jr

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.

Business/Economics, International, U.S.

British Empire Owns the United States: Church of England owns stake in baby killer General Electric!

08 September 2013 (15:08 UTC-07 Tango)/03 Dhu ‘l-Qa’da 1434/17 Shahrivar 1391/04 Xin-You (8th month) 4711

“We’re going to end up with problems. This means we have a stake in wanting there to be war.”-Keith Hebden, Anglican priest who snuck onto a RAF base where assassination drones are being remote controlled

The Christian God is behind the deaths of thousands of innocent adults, children and babies (despite the Obama regime officially labeling anybody killed by a drone as a “militant”), because the “Supreme Governor” Queen of England controlled Church of England owns $15-million USD worth of assassination drone (UAV) maker General Electric!

GE makes other weapons and subsystems as well (like the F101 turbine engine used on the USAF B-1B bomber).

 

 

Business/Economics, U.S.

World War 3, U.S. Economic Front: Another study shows dumb ‘mericans are like frogs in boiling pots! Youth are income delusional!

06 September 2013 (15:14 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

“We’re in an income depression. Incomes have been flatlined for a very long time.”-John Coder, Sentier Research

Recently Gallup conducted a survey to see how much money most people in the U.S. think they make.  58% said they are making more money now than five years ago!

A study by Sentier Reseach (Household Income On the Fourth Anniversary of the Economic Recovery: June 2009 to June 2013) says yes and no.  It depends on who you are.

Lets break down the study’s government supplied data:  Since the official ‘end’ of the recession in 2009, incomes of people with no more than a high school education actually dropped 9.3%.  The average person with a two year college degree saw a drop of 8.6%.  People with four years of college saw an income drop of 6.5%.  People living in the West, South and Northeast are experiencing reduction in average incomes.

So actually most working age people in the U.S. are making less money than they did at the official end of the Great Recession, just four years ago!

Who saw an increase in income?  People ages 65 to 74 saw an increase of 5.1%.  People 75 years or older had no change in income levels.  People living in the Midwest (and still employed) had no change to average incomes.

The recent Gallup survey also showed 46% of people said they were making less money, and 18% claimed no change in their incomes.

The Sentier report and the Gallup poll shows that young ‘mericans are the dumbest frogs in the slowly boiling over pot.  Gallup reports that 55% of young adults think they’re making more money now, yet, the Sentier study shows that average incomes for people under age 25 dropped 9.6%.  Incomes dropped 4.5% for people 25 to 34 years old.  Clearly the young adults of America are income delusional.  Researchers say this is because young workers have yet to develop the ability to gauge the affects of inflation on their incomes (basically when they get a piddly pay raise they think they’re makin’ big money).

Business/Economics, U.S.

World War 3, U.S. Economic Front: Expert study says economic life will suck in the U.S. until the year 2050!

06 September 2013 (14:45 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

A Cornell University economist, Richard Burkhauser, and economist Jeff Larrimore, of the Congressional Joint Committee on Taxation, say the average paychecks are going to remain low for at least the next 30 years!

The Russel Sage Foundation will publish the complete study soon.  It’s part of their U.S. 2010 project, in conjunction with Brown University.

The income trends study looks at actual incomes from 1979 to now, then projects where they will be until the Gregorian year 2050.  The study is yet another confirmation that paychecks for the average person in the United States have been getting smaller, not bigger.  (the IRS has confirmed this with its own studies based on tax returns)

The study warns that things are going to get worse for Blacks and Hispanics.

 

Business/Economics, International, U.S.

World War 3, Economic Front: G20 admits economic recovery failure! Wants new global tax! NSA spying just part of new global government personal data mining!

06 September 2013 (13:12 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

“Global growth prospects for 2013 have been marked down repeatedly over the last year, global rebalancing is incomplete, regional growth disparities remain wide, and unemployment, particularly among youth, remains unacceptably high. Despite our actions, the recovery is too weak, and risks remain tilted to the downside. In the last months financial market volatility has increased.”

“We welcome the establishment of the G20/OECD BEPS project and we encourage all interested countries to participate. Profits should be taxed where economic activities deriving the profits are performed and where value is created. In order to minimize BEPS, we call on member countries to examine how our own domestic laws contribute to BEPS and to ensure that international and our own tax rules do not allow or encourage multinational enterprises to reduce overall taxes paid by artificially shifting profits to low-tax jurisdictions. We acknowledge that effective taxation of mobile income is one of the key challenges. We look forward to regular reporting on the development of proposals and recommendations to tackle the 15 issues identified in the Action Plan and commit to take the necessary individual and collective action with the paradigm of sovereignty taken into consideration.”

“We commend the progress recently achieved in the area of tax transparency and we fully endorse the OECD proposal for a truly global model for multilateral and bilateral automatic exchange of information. Calling on all other jurisdictions to join us by the earliest possible date, we are committed to automatic exchange of information as the new global standard, which must ensure confidentiality and the proper use of information exchanged, and we fully support the OECD work with G20 countries aimed at presenting such a new single global standard for automatic exchange of information by February 2014 and to finalizing technical modalities of effective automatic exchange by mid-2014. In parallel, we expect to begin to exchange information automatically on tax matters among G20 members by the end of 2015. We call on all countries to join the Multilateral Convention on Mutual Administrative Assistance in Tax Matters without further delay. We look forward to the practical and full implementation of the new standard on a global scale.“

“We recognize the importance of all countries benefitting from greater tax information exchange. We are committed to make automatic exchange of information attainable by all countries, including LICs, and will seek to provide capacity building support to them. We call on the Development Working Group in conjunction with the Finance Track, to work with the OECD, the Global Forum and other IOs to develop a roadmap showing how developing countries can overcome obstacles to participation in the emerging new standard in automatic exchange of information, and to assist them in meeting the standard in accordance with the action envisaged in the St Petersburg Development Outlook.”

“We welcome the progress achieved in developing policy recommendations for the oversight and regulation of the shadow banking system.”  Shadow banking can include those individuals who do not use banks and live off barter or cash only.  “We will ensure that this information is available in a timely fashion to law enforcement, tax collection agencies and other relevant authorities in accordance with the confidentiality legal requirements, for example through central registries or other appropriate mechanisms.”

“We support the ongoing efforts in the UN for the elaboration of the post-2015 development agenda.”

 

 

Business/Economics, Idaho

World War 3, U.S. Economic Front: Job losses & store closings 05-08 July 2013. California hit hard again! More health care cuts! More greedy landlords!

In Tennessee, Vanderbilt University Medical Center laid off an undisclosed amount of employees.  Hospital officials blame “unprecedented financial challenges” on the Obama/Romney care (2010 Patient Protection and Affordable Care Act).

Eastern State Hospital laid off at least 65 people in Kentucky.  It’s a result of a change in who runs the state hospital.

200 people lost their jobs with the Kansas Department for Children and Families.  Kansas privatized their child support enforcement.

Rock Tenn closed in Wisconsin.  60 people unemployed.

In Illinois, the Martin George culinary antique store closed after only one year in business.  The owner is switching to internet sales only.   The Competitive Foot closed in LaGrange.   The store opened in 1974 and was the “first athletic shoe store in Illinois”.  The owners are focusing on one store now.

Linens-n-More closed in Niles, Ohio.  Company officials did not give an explanation.  In Lakewood, Tess’ Tender Touch closed after less than a year in business!  The owners blame the greedy landlord: “We just simply cannot afford the rent any longer.  I am very sad as I poured my heart and soul into it.”-Theresa Ferline-Carr

The Kellogg Municipal Liquor store shut down in Minnesota. It’s blamed on the bad economy, they can make more money renting out the building or even selling it.

In Nebraska, Dietze Music shut down their original 87 years old store in Lincoln.  Company officials blamed competition and themselves: “We either have a lot of stamina or are really stupid. It had worked for us until the competition got more and more, including our own competition.”-Tim Pratt

In Massachusetts, Mid-Cape Home Centers Design Showroom closed in Hyannis.  The owners blamed it on a bad location, and the fact that design centers don’t make enough money, even Home Depot stopped their design center scheme a few years ago.

Historic WBAI, broadcasting from atop the Empire State building in New York City, going out-o-business?  80% of employees were laid off!  Company officials blame it on their unionized workers.  The Golden Eagle Artist Supply store closed in East Hampton, after more than 50 years of  service.  Store owners said the evil property owner rented the building out to another tenant, without notice to them!  The New York Foundling closed.  34 people laid off.  In Astoria, Anchor Tank Lines shut down.  67 people unemployed.  After 40 years of business the Hampton Bays Hallmark store closed.  The owner blamed the bad economy and greedy landlords: “Our lease was up and we couldn’t afford the increase.”-Frank (refused to give last name)

In New Jersey, The Press of Atlantic City Media Group laid off 43 employees.

In Connecticut, Brookfield Craft Center closed after almost 60 years of service. Declining funding is blamed on the bad economy.

In Pennsylvania, Waterloo Gardens closed in Exton. The 71 years old gardening and landscaping center went bankrupt, the owners blame it on their evil bank.   After 80 years, Mt. Oliver Men’s Shop closed down!  The current owner said the store survived the Great Depression, but not this bad economy: “I thought the next year would be better. This store made it through the Depression. But then I had another bad year, and I couldn’t restock because everyone wants paid up front.”-Ralph Woods

Chenega Aerospace closed in West Virginia.  128 people out-o-work!

In Arkansas, Hewlett Packard laid off 500 people, a little less than half of the employees at the Conway HP call center!  HP is “restructuring” its call center operations.

In Frisco City, Alabama, Standard Furniture shut down.  157 jobs lost!

After 40 years, the Lollipop Shop children’s clothing store in Greensboro, North Carolina, shut down.  The owner blamed the bad economy.

Barnie’s Coffee & Tea closed in Florida.  The owner is moving to a new location and changing the name.  Liberty Medical Supply laid off another 211 employees!

After more than 50 years in business, Play It Again Sports closed in Aberdeen, South Dakota: “Our closing is a sign of the times. Smaller sporting goods stores have a hard time making it.”-Chad Masters, owner

In Montana, the Copper Colander kitchen supply store closed down.  The owner was trying to sell the business, but there were no buyers.

In Twin Falls, Idaho, Nazzkart go-cart racing center shut down.  The operator was given the chance to buy the property but couldn’t, so the property owner sold it to someone else.

SolarWorld Industries America laid off 100 employees in Oregon!  This despite Qatar investing $50 million USD into the company.  Company officials blame their losses on competition from Chinese made solar power products, even though the Obama regime imposed outrageous tariffs on Chinese products.  Xerox shut down call center operations in Coos Bay and North Bend. 300 jobs lost!

In Riverside, California, Monograms Etc closed after 30 years in business.  The store owners blame it on the Utah based property owners, who jacked up the rent, and is selling the building off anyway!  In San Diego, Health Net laid off 33 people.  And evil British empire BAE Systems laid off another 81 employees.  In Palm Springs, Hotel Zoso closed.  98 people unemployed.  In Simi Valley, Avnet Integrated laid off 108 people!  In Vernon, Pneumatic Scale Angelus closed, 111 jobs lost!

After two decades, Microsoft turning off MSN TV (aka WebTV).  Company officials blame new better ways to access TV shows on the internet.

Residential Capital, the mortgage lending unit of U.S. government owned Ally Financial, now bankrupt with at least $4 billion in debt.  U.S. taxpayers own about 75% of Ally Financial, a former General Motors company.  Ally still owes at least $10 billion to U.S. taxpayers.

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.

Business/Economics, U.S.

World War 3, U.S. Economic Front: Job losses & store closings 03-04 July 2013. Federal Job Corps center reduces training for new jobs! More health care, automotive industry, gorcery store layoffs!

The Christian God can’t stop the non-profit Bethesda Lutheran Communities from shutting down their nursing home in Watertown, Wisconsin, in 2014.  205 employees affected! It’s blamed on declining customers and Obamacare.  Plexus laid off another 35 employees.  The electronic manufacturing services provider said only that it was a workforce adjustment.  Last year Plexus laid off at least 116 employees, after announcing it would spend $50 million USD on a new factory!  The Ball Metal Beverage Container company laid off 72 people in Milwaukee.

In North Carolina, after 45 years of operation The Health Adventure shut down in Asheville.  Officials with the child health service blamed the property owner and government funding cuts: “Our closure has been caused by the redevelopment of the Biltmore Square Mall and their decision to not let us continue to operate in the new outlet center…..Additionally, we recently learned that in July, we will be losing 40 percent of our funding from the State of North Carolina.”

In Michigan, the Elmwood Geriatric Village in Detroit shut down.  98 jobs lost.  54 people lost their jobs at the Genesee Area Skill Center.  The Genesee Intermediate School District terminated its contract with Flint School District to operate the skill center after reports of improper spending of more than $7 million from a county tax levy.

IT and business process services provider, CGI Federal, laid off 88 employees in South Carolina.  It was revealed in a mandatory notice to the state/federal government, but company officials refused to tell local news media the reason for the layoffs.  The federal WARN system does not require companies to give a detailed explanation why they’re killing jobs.

Another round of Caterpillar layoffs hit Illinois. So far 800 people have lost their jobs since May! Caterpillar blames it on crashing heavy mining equipment sales.

What automotive industry recovery?  In Alabama, Benteler Automotive shutting down its Opelika auto parts factory.  121 employees to lose their jobs!  Production being shifted to North Carolina and Mexico.  In Huntsville, after more than 30 years Finnegan’s Pub closed.  The owner sold the property, employees told local news media that it was news to them!

Belle Foods shut down 12 of their Food World grocery stores in Alabama and Florida, and one Piggly Wiggly in Georgia!  Hundreds of people out-o-work! The company went bankrupt and has to sell off assets to pay off bankruptcy court ordered $42 million in debt.

Book and gift store, Domy Books, shut down in Houston, Texas.  It follows the closing of Domy Books in Austin.  Zaza’s Italian Restaurant in Tyler, closed.

In Georgia, the U.S. Department of Labor’s Turner Job Corps Center laying off an undisclosed amount of teachers.  It’s being blamed on federal government’s reduction in funding for students.  Last year 930 students were allowed to take the course, this year it’s been reduced to 732.

Bangor Daily News shut down its printing press in Hampden, Maine.  27 jobs lost.   Newspaper printing being outsourced.

In Massachusetts, the Fitcorp fitness center in Boston shut down.  It’s blamed on the take over by Town Sports International.

Men’s clothing store, The Blackbird, closed in Washington.  The owner says she will focus on wholesale only.

In California, pay TV and streaming video servicer Entropic laid off 70 employees.  Company officials said the job losses are necessary to maintain “long-term profitable growth”.   Evil British empire BAE Systems-San Diego Ship Repair laid off 302 employees!

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.

 

Business/Economics, U.S.

World War 3, U.S. Economic Front: Job losses & store closings 02 July 2013. 1000 people lose their jobs to Obama Care! More call centers bite the dust, because of the bad economy!

In Ohio, 121 people losing their jobs at the Walgreens call center!  Is it because of Obama/Romney care (2010 Patient Protection and Affordable Care Act)?  Company officals did not comment to local news media, but the call center handles Medicare part B.  Possibly because of changes made by Obama/Romney care the call center will be shut down in October!  In Leetonia, Farmers National Bank also closing in October!  Like many other banks doing the same thing, officials said it was because so many people have switched to internet banking they don’t need the brick and mortar spaces, or the employees.  In East Liverpool, the Mezzanine Town Mall closing down.  Shop owners are hoping to find new locations.  The mall owner blamed it on a bad economy, saying business took “a real big drop” in 2011.  He also blames city government for being nothing but money grubbers and not caring about business owners: “They seem to have a deaf ear on business.”-David Marshall

In Iowa, Grinnell Regional Medical Center laid off 41 employees.  It’s blamed on state and federal government cuts to Medicare and Medicaid (2010 Patient Protection and Affordable Care Act).

Saint Vincent Health, in Indiana, laying off 865 people!  Officials with the Christian hospital chain blamed Obamacare (2010 Patient Protection and Affordable Care Act).

Cengage Learning now bankrupt.  The publisher of expensive textbooks has $5.8 billion USD in debt!  Blame it on its recent take overs of Houghton Mifflin Harcourt Publishing and National Geographic’s digital and print school publishing unit.

Downtown Lynchburg YMCA, Virginia, ended its preschool program.  The YMCA blamed it on declining enrollments and the red tape of local and state government regulations.

In Kentucky, it was announced the Lexington Sears is being closed by the end of the year. 114 jobs lost!  The owners of the Fayette Mall will turn the Sears space into smaller store spaces.

In South Heidelberg Township, Pennsylvania, Nell’s Shurfine Market shut down.  Company officials would not give a public explanation.  An unnamed person familiar with the property said the store was not making enough money to justify its size, according to today’s grocery store standards.

Sun National Bank closed an office in Cherry Hill, New Jersey.  Bank officials say they need to “streamline operations”.

In New Mexico, Kmart announced it will close its 35 years old Sierra Vista Shopping Center, Albuquerque, store in September.

Nebraska based ConAgra Foods laid off 50 people in Saint Louis, Missouri.  It’s blamed on their take over of food maker Ralcorp.

In Texas, Xerox downsizing their El Paso call center.  490 people laid off!

In West Virginia, business manager TelTech is closing their call center in September.  Company officials blame it on crashing customer calls, caused by the bad economy.   260 people out-o-work!  And what housing recovery?  In Princeton, 104 years old Princeton Hardware shut down.  The owner blamed it on the crashing local economy due to massive layoffs in the coal industry.

What oil industry boom?  Oregon based railcar manufacturer, Greenbrier Companies, shutting down eight wheel, repair and parts shops!  It’s blamed on its third quarter loss of $56 million!  Company officials drastically misread the economy, thinking it had recovered they invested big time in their Mexico operations.  Expected high sales of their petroleum tank cars, actually tanked!

In California, Quiksilver Americas warned of new layoffs which could affect 100 employees!  Reports that CityGrid is laying off 130 employees!  The Money Mailer laid off 111 people over the past few months! The coupon printer has outsourced at least half its Garden Grove jobs.

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.

Business/Economics, U.S.

World War 3, U.S. Economic Front: Job losses & store closings 01 July 2013. What automotive industry recovery? Great Depression survivor killed by current economy!

After 110 years in business, Boschetto’s Bakery shut down in Massachusetts!  The owners blame greedy landlord: “Due to an excessive raise in rent, there is no way we can continue…”-Boschetto’s Bakery public notice

American Medical Response closed in Brooklyn, New York.  119 people out-o-work!  Art Stone Competitor Manufacturing Division closed in Smithtown.  36 jobs lost.

Belle Foods now bankrupt.  The grocery store chain has stores in Alabama, Georgia, Florida and Mississippi.  Company officials blame higher taxes and fewer customers!

After 37 years, Friendly’s Restaurant closed in Manchester, Vermont.  Company officials blamed it on the bad economy, saying the restaurant wasn’t making enough money.

In Pennsylvania, Seafood Shanty went bankrupt despite having strong sales.  The restaurant owners said the bankruptcy was due to bad management decisions which led to restructuring.

In South Carolina, Sunland Logistics and Staffing laid off at least 99 people.  Spartanburg Steel Products laid off 64 employees.

Sonoco Products closed its Consumer Division in Chattanoga, Tennessee.  34 people unemployed.

Internet and phone service provider, OMGFast, laid off an undisclosed amount of employees in Florida.  Company officials refused to talk to local news media.

TransWorld Surf Magazine ceased publication, and switched to internet only.  One subscriber said “This is a totally bad idea.”

In Michigan, Bay City laid off ten firefighters after city officials merged the police and fire departments.  What automotive industry recovery?  General Motors announced more layoffs.  This time GM shut down their Grand Blanc Weld Tool factory.  350 employees affected!

Iconic Pete’s Grill closed in Minnesota.   The restaurant survived the Great Depression, but was done in by the current bad economy.  The owner said his sales crashed 40% in the past year! 20 people unemployed.

In Lincoln, Nebraska, Skorohod Service closed after 46 years of operations.  The owner of the iconic auto shop-convenience store-hang out place remembers when gasoline was 29 cents per gallon!  He blames the current economic climate for closing his shop, such as credit card fees, sporadic gas prices and competition from big franchise gas stations/auto shops.

In California, law firm Goodwin Procter closing its San Diego office in September.  At least 22 people unemployed.  It’s blamed on declining business.  In Thermal, Golden Acre Farms laid off 200 people!  Drug maker Actavis laid off 15 people in Corona.  Campbell’s Soup laid off the final 150 people in Sacramento.  In toto 700 jobs were lost as Campbell’s is selling off their 128 acres (51.7 hectares) operation.

Manao Thai closed in Oregon.  Dedicated customers said the restaurant was in a bad location and had few customers, but the food was real good!

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.

Business/Economics, U.S.

World War 3, U.S. Economic Front: Job losses & store closings 29-30 June 2013. The Energizer bunny continues to lose power! More declining enrollments equals more university layoffs! California hit really really hard!

In Tennessee, the Christian God couldn’t stop the closing of Soddy Bible & Church Supplies store.  The owners of the 38 years old business blamed the internet!

The Maine Medical Center is trying to trick 400 employees into quitting, by offering them buyouts.  The hospital is in the red by $15 million USD!  Hospital officials blame reduced government Medicare/Medicaid payments.

New Jersey based BD Diagnostics closing their factory in Monona, Wisconsin.  At least 100 employees affected!  The medical technologies company is moving production to its Maryland factory.

In California, Berkeley HeartLab closed down in Alameda and South San Fransisco.  48 people out-o-work.  Bayer Healthcare finally closed its Emeryville factory as it contracted out production. A total of 540 employees screwed!   In the same city, the Ernest Gallo addiction clinic laid off 17 people.  Paramedics Plus laid off 50 people in San Leandro.  Ports America-TTI Operations & Marine Terminals laid off 31 people in Oakland.  Burrtec Waste Industries laid off 130 people!  The trash collector lost its contract with San Bernardino County.  In Riverbank, Silgan Containers laid off 176 employees!  In Anaheim, Aramark Sports & Entertainment-Honda Center indoor sports arena laid off 586 people!!!  It’s blamed on state budget problems.  In San Diego, Blackbaud laid off 101 employees!  The software company is downsizing.  Evil military contractor Computer Sciences Corporation (CSC, my first civilian employer) laid off 145 people!  Another military contractor, Lockheed Martin, laid off 100 employees in Sunnyvale! MV Transportation, a Texas based bus company, laid off 129 employees in Vallejo!  Veolia Transportation laid off 480 people in Irvine!!!  The Los Angeles Times laid off at least 11 people.  Reports say the newspaper is slimming down to make itself more attractive to potential buyers.  In Westwood and West Hollywood, Jerry’s Famous Deli shut down with only three days notice to employees.  It’s blamed on the property owner.

Too Big to Jail Bank of America continues its job cuts.  This time “dozens” of employees in North Carolina were laid off.  A bank official said BoA is trying to become “more stable”.  And in Ashboro, Energizer announced 30 more layoffs.  This is in addition to the 75 layoffs announced in March.  Officials with the battery maker blame it on the bad economy and the loss of major customers.

In Ohio, Dayton Power & Light warned of layoffs due to “restructuring” of the company.   The Quaker Square Inn shutting down.  The iconic hotel built with grain silos was sold to the University of Akron.

Sports Authority on Airport Boulevard in Pensacola, Florida, shut down.   25 jobs lost.

The Hawaii Pacific University laid off as many as 25 people.  Layoffs are blamed on declining student enrollment.

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.