The Galena silver mine, in Idaho, laid off 126 employees. Company officials are taking a 10% to 20% pay cut. They blame declining silver prices :“The ongoing decline in the price of silver required us to look for further cost savings in order to be profitable and protect our balance sheet going forward.”-Darren Blasutti, CEO
In Arkansas, the Christian God allowed 170 people to lose their jobs with hospitals run by Baptist Health. Company officials blame Obama Care: “We are undertaking a number of initiatives that will position our organization to address the challenges of health reform and severe federal budget cuts.”-Mark Lowman, company spokeman
California based vascular disease treatment device maker Volcano Corporation laid off 39 employees. The new Obama Care creates a new tax on medical devices. In Fresno, Too Big to Jail Bank of America laid off 543 call center employees. In Redwood City, video game maker Trion Worlds laid off 68 employees. In Sunnyvale, data collections manager Netapp laid off 235 people. It’s part of the 900 layoffs announced back in May.
Oklahoma based phone company, TerraCom, laid off 700 people across 23 states. This was a result of the Federal Communications Commission warning phone companies that their sales staff will be investigated for violating FCC rules.
In Oklahoma, The Tulsa World laid off 50 employees.
Government contractor, Lockheed Martin, announced plans to layoff 300 employees (on top of those they’ve already been laying off). Company officials blame the unstable economy.
In New York, United Airlines laid off 40 employees at the Greater Rochester International Airport. United Airlines is also ending operations at the airport, as well as in Albany. Company officials blame the bad economy. The Harrisville Dry Kiln plant shut down, laying off 30 employees. In Mineola, Mexican owned Entenmann’s Bakery Outlet closed. Company officials claim they will open again, if property owners can agree to an acceptable lease deal. In Mount Kisco, The Farm grocery store closed. The owner says the recession is far from over: “We’ve experienced a big drop off every year since the recession! Business has simply not been good. There’s no other reason to it.”-George Kim
In New Jersey, 80 people lost their jobs with Wagner Spray Tech. Jobs are being moved to Minneapolis. The Revel casino lad off 75 management staff. Company officials blame the bad economy: “We are looking at how to run the business given the difficult operating environment.”-Jeffrey Hartmann, CEO
In North Carolina, Wilson County Schools laying off 67 teacher assistants. It’s blamed on state funding cuts. Government contractor, General Dynamics, closing its Charlotte Armament and Technical Products operations. 90 employees affected. Company officials blamed unstable economic conditions.
What automotive industry recovery? In South Carolina, 200 jobs lost as Federal Mogul Friction Products shut down operations. They make brakes for cars. Company officials say they are consolidating operations to remain competitive.
Total Quality Plastics shutting down their Waukesha County operations in Wisconsin. 32 people unemployed.
In Washington, Mel’s Nursery shut down after 40 years in business. The owner said she had to sell the property, but hopes she can open another nursery business.