The University of Maryland Medical Center laid off 65 people, and warned of more layoffs in August. Also, vacant positions have been eliminated and contract positions will be reduced. Hospital officials blame the federal government (Obama/Romney Affordable Health Care Act/sequestration).
In New York, Archcare closed its Kateri Residence nursing home in New York City. At least 555 people unemployed (some reports say 592)! Archcare is selling the property.
In Vermont, the Rutland Manor assisted living facility shutting down in September.
South Carolina based Stacy’s Garden Center bankrupt. The company has stores in 24 states. It’s not clear why they went bankrupt, their liabilities are not much more than their assets. The company has been for sale for several months.
In New Jersey, the Atlantic City Housing Authority laid off four employees. It’s blamed on federal funding cuts.
After 38 years of business the mom & pop Ed’s Riverside Market grocery store in Pennsylvania, shut down. 19 employees out-o-work. It’s blamed on the bad economy, even Mennonites started shopping at Walmart!
In Connecticut, Cable Ready now bankrupt. It’s blamed on the current economy: “…due to industry consolidation, mergers and acquisitions of production companies, larger competitors paying higher and higher advances for programming or networks retaining all rights, and the uncertain global economy squeezing independent companies like ours, Cable Ready was left with no choice but to seek protection.”
In Wisconsin, Kohl’s laid off 67 employees. They contracted out their accounts payable and sales audit department. In Milwaukee, the wine store Vino 100 closed down. Typical of business owners, they denied they were closing for several weeks, before finally announcing a “…monster farewell party.”
In Ohio, the massive Jones Day law firm laid off 65 IT employees. The IT director was also let go. In Cincinnati, the Whiskey Bar shut down. The property owner sold the building and the lease was bought out. The child prison known as Ashland County Juvenile Detention Center closed down. The 83 years old prison building was deemed too old to economically upgrade.
In Louisiana, the child prison system known as Saint James Parish Youth Detention Center closed down. It’s blamed on the high prices they charge to come close to properly housing child prisoners.
In Chicago, Illinois, Goose Island brewery shut down. The brewery owners asked the property owners to reduce the rent by 30%, the answer was no. In Woodridge, Allstate insurance company shut down a 12 years old call center. Originally Allstate promised the local government that they would create 700 jobs. 348 people now unemployed! (is the new call center in Chubbuck, Idaho, next to be shut down?)
In Indiana, the Tri-Way Drive-In Theater warning it will have to close because it can not afford to buy new digital projectors.
Cooper Lighting shutting down their factory in Eufaula, Alabama, by October. Mayor Jack Tibbs called it “Our worst nightmare!” More than 300 employees will be directly affected! Two smaller companies will also be affected. Cooper Lighting is moving production elsewhere.
In Oregon, Lucy’s Tool Store closed after 20 years of service. The owners (who’ve worked decades of other jobs before becoming business owners) want to retire, finally.