In Oklahoma, Too Big to Jail bank insurance company, BancInsure, ordered by state officials to spend more money! This is after the company went bankrupt, and then the company was sold to New York based Foster Jennings, for only one dollar!!!
The 38 years old Wine Cellar in North Redington Beach, Florida, shut down. It was sold to a property developer. In Winter Park Village, the Truffles Grill closed up. It’s part of the new business plan by parent company Ruby Tuesday.
In Virginia, taxpayer assisted MicroAire laid off 22 employees. The state paid the company $100000 to move to Albemarle County. The county gave the company $151000 as well. County officials say the money was in exchange for creating 51 new jobs, not cutting 22 jobs! County officials also pointed out that they’ve been waiting for those 51 new jobs since 2011! Company officials gave no reason for the layoffs. In Woodbridge, Uno Chicago Grill closed up.
The Baltimore Museum of Art laid off 14 employees. Officials with Maryland‘s biggest museum blame the bad economy. And Boonsboro Video closed down. The store opened in 1989. The owners say they can’t compete against all the alternative forms of viewing movies at home.
In New York, a major maker of disposable catheters, Covidien, will close its Argyle factory by June 2014. 183 jobs lost! In Horseheads, the Belden factory to close at the end of the year. They make parts for the cable TV industry. At least 123 jobs lost! And government contractor SRC laid off 77 employees, blaming cuts in government contracts. Company officials also sounded a warning for more layoffs to come: “We need to take action now to prepare. The government is our largest customer.”-Lisa Mondello, SRC
Another government supported company, Wisconsin based Oshkosh, announced they will layoff 900 people! Company officials say they are preparing for a huge reduction in sales of their military vehicles. And the popular Confucius Restaurant in Appleton closed down. The owners retired.
In Kentucky, body armor maker Ceradyne will layoff 93 people on 10 June. The company has been getting less money from the U.S. Department of Defense, and they were bought out by 3M.
The University of Southern Maine will be laying off an undisclosed amount of employees, in an effort to save $5 million! Union reps say at least seven people were let go.
In Washington, the Port Angeles School Board will layoff 15 people. Last year they laid off or cut 47 positions. School officials blame declining enrollment and lack of state funds.
The San Luis Coastal Unified School District, in California, announced 43 layoffs. Officials blame a $6 million deficit! The College of the Sequoias, in Visalia, laid off 11 child care workers. The building the college normally used was closed due to mold contamination. Then the lease on the church the college was renting for child care, expired. College officials say they did not renew the lease because of declining enrollment. In San Fransisco, Live at the Rrazz (Rrazz Room) shut down. It’s blamed on legal problems and failed business plans.
In Ohio, maker of home healthcare products, Invacare, laid off 68 people. Company officials are blaming declining sales on an agreement with the U.S. Food and Drug Administration. Back at the end of 2012, company officials made the same excuse when they laid off 143 people!
Harrison Steel Castings laid off 85 people, just two months after laying off 70 people. The Attica, Indiana, steel company gave dire warning about the economy saying the layoffs are needed “to weather the current storm.”
General Electric shutting down production at their Pennsylvania locomotive factory. 950 people will lose their jobs! Company officials blame competition: “Cost is becoming more and more of a factor. We’ve got to match our competition and that’s what we’re trying to do.”-Lorenzo Simonelli, GE
In an ironic move, South Carolina’s Department of Employment and Workforce laying off 100 people in June! State officials blame huge reductions in federal funding, and a modernization program.
The New London Police Department, in Connecticut, laying off 20 employees. Officials blame a $1.4 million cut in their budget.
In Iowa, the Muscatine County Jail laid off 14 employees. Prison officials blame it on a huge reduction in federal prisoners. No explanation why the number of federal prisoners are being reduced.
Caribou Coffee announced it will close 168 coffee shops around the United States. Company officials said that 80 stores will be shut down and 88 will change names. Officials said the closures are necessary for the long term.
The Plainview ISD, in Texas, closing two schools. School officials blame it on the closing of the Cargill plant. In Austin, Fran’s Hamburgers on South Congress Avenue closed down. The lease on the 40 years old business was expiring, and the owners said it wasn’t worth it to renew.
The Wheaton Paper House closed down after 40 years of operation in Illinois. The owner blamed competition from national chain stores.
Live event, tech service and marketing service company, UBM, laying off as many as 300 people! Several offices around the U.S. will be closed. The company will stop printing its publications in July (which includes Game Developer), and switch to digital only. The company will also stop servicing certain live events. Company officials blame “dramatic changes” in the industry in recent years.
In Massachusetts, Beehive Art studio shut down. Owners blamed a “neighbor” and the “landlord”. After almost 100 years, Sealey’s restaurant closed down. The owners said they were given an offer they couldn’t refuse.
In Fairmont, Minnesota, Premiere Video out-o-business. The owners blamed internet services. And god can’t stop another shut down of another Christian run business. Journey Church and its alcohol free social center, U-Turn, shut down. The pastor blames the bad economy, but is now concerned about the community at large, because “80% of our congregation is now recovering ex-cons.”-Rich Bontrager
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.