Designer of trade show and event exhibits, VisionStream, now bankrupt. Company officials hope another company will merge with them, or buy them, so they can survive.
In Michigan, Genesys Health System laid off 100 employees: “….these initiatives were necessary due to reduced reimbursement brought about through the Accountable Care Act [aka Obama/Romney Affordable Health Care Act] and Sequestration. For instance, it is estimated that for its fiscal year 2014 Genesys will have an $11 million reduction in reimbursement for the same amount of patient care it is delivering today.” In Plainfield Township, Eastern Floral shut down. The company is focusing on internet sales.
In Arizona, the Christian God couldn’t stop Carondelet Health Network (Southern Arizona Catholic/Ascension Health) from laying off 40 people: “The effects of sequestration, the increased cost of caring for the uninsured, and national trends toward fewer people seeking inpatient hospital care were all factors.”
In California, the approved Fresno City budget means 30 people will be unemployed.
The Oregonian newspaper laid off 95 employees. The newspaper is switching to digital service.
In Pennsylvania, Aramark Educational Services lost its dining services contract with Duquesne University. 358 people out-o-work!
In New York, PJ’s Pub and Grill closed in Syracuse. It was sold. In Westchester, Buffet de la Gare closed after 33 years of business. The owner wants to retire, her co-owner husband (and the restaurant’s chief chef) died in 2011. In Medina, the Worthington Industries BernzOmatic factory is shutting down. 174 people out-o-work! Production being moved to Wisconsin. Too Big to Jail, Bank of America, closed its Getzville office. 1320 people laid off!!!! The office was sold to M&T Bank, which might hire on some of the former BoA employees.
The Swank outlet store in Taunton, Massachusetts, closed. The new owners say economic conditions don’t justify keeping the store open. It sounds like the company will focus on distribution of products to customers like Macy’s and Kohl’s. The company first started in 1897.
In Missouri, Milbourn’s Family Restaurant shut down. It’s blamed on the property owner (Farris Truck Stop) who demanded the restaurant operator leave, and then terminated the lease. There was no explanation by the property owner.
Bodytalk women’s clothing store in Westport, Connecticut, closed after 20 years of business. The 81 years old owner said “We’re closing for a whole bunch of reasons.”