Incomplete list of publicly announced layoffs & shutdowns:
Ireland based legal drugs pusher and medical device maker Mallinckrodt revealed they killed as many as 15% of their jobs at factories in Missouri and New York! They blame crashing demand for their products.
California: First Idaho’s Coldwater Creek, now the Golden State’s Juicy Couture is dead, or is it? This women’s clothing retailer got a new owner last year, but apparently the sale doesn’t include the brick-n-mortar stores, just the right to the brand! Unnamed employees told fashion news sources that all U.S. brick-n-mortar stores will be shutdown, thousands of jobs affected! Reports say the new owner, Authentic Brands Group, is working deals to sell the Juicy Couture brand through other retailers such as Kohl’s (that doesn’t stop the killing of all those Juicy Couture U.S. brick-n-mortar jobs). Apparently the 60+ foreign Juicy Couture brick-n-mortar stores will remain open. Tulare County’s Office of Education’s Behavioral Health Services laid off 44 employees. It’s blamed on a contract not being renewed. 120 students with emotional problems or mental illness affected! What automotive industry recovery? Another California Superstores car dealer shutting down, this time in Sacramento. 34 jobs lost in August. In Seal Beach, taxsucker Boeing announced that 118 people will become unemployed in August! What housing market recovery? San Francisco based Too Big to Jail Wells Fargo announced they are killing an additional 249 mortgage jobs across the U.S.! Despite the federal government claiming that new jobless claims are down, officials in California report an increase of 9,935 new jobless claims, in just one week! Irvine based Corinthian Colleges (CCi) is in big trouble not only with state officials but federal as well. The latest reports say the for profit college has failed to provide federal officials with mandatory documentation. CCi is accused of falsifying student data to get big taxpayer bucks from state and federal governments. The U.S. Department of Education is cutting off funding as a result. CCi officials now say they will be forced to shutdown dozens of their Everest, Heald and WyoTech campuses across the U.S. 15-thousand employees and 75-thousand students affected!
Connecticut: The city of Groton laying off nine firefighters, and not filling four vacant positions. The city has 700-thousand taxpayer dollars less to work with this year, than they did last year! After 29 years William W. Backus Hospital shutdown their child care center. 12 jobs lost. They blame Obama Care for stealing $14-million USD in Medicare funding!
Florida: Valley Bank of Florida has failed. Landmark Bank N.A. has taken over Valley Bank’s assets. The failure cost FDIC $7.7-million.
Illinois: In Oak Park, after 37 years Competitive Foot shoe store shutting down in July. Just days after announcing a major shutdown in Minnesota, the country’s largest printer of magazines Quad/Graphics shutting down printing ops in Woodstock, 550 jobs lost! It’s the result of Quad/Graphics’ takeover of Brown Printing. Valley Bank of Illinois has failed. Great Southern Bank has taken over Valley Bank’s assets. The failure cost FDIC $51.4-million.
Indiana: Parkview Whitley Hospital sold off a nursing home and will layoff 52 healthcare workers in September.
Louisiana: State officials approved the killing of 123 healthcare jobs at the Huey P Long Medical Center! The hospital was shutdown. Officials blamed Obama Care for causing “lack of funds due to a reduction in federal funding”.
Massachusetts: In Woburn, Kraft Foods announced they are shutting down a 95 years old food factory in 2016. 200 jobs will be lost! Company officials say it’s the only way they can remain “competitive” in the global market.
Michigan: The Ferndale Public Schools warned they must eliminate 30 jobs. It’s blamed on disappearing students. School officials say they will go into the 2014-15 school year missing 300 students! The Detroit Institute for Children revealed they shutdown three outpatient clinics last week! It’s blamed on “changes in the health care industry”. 27 jobs lost and 250 special needs children affected!
Mississippi: Steel pipe maker PSL America now chapter 11 bankrupt busted. The company is now up for sale, 70 jobs affected. Company officials blame it on an Austrian company for selling them defective steel. PSL America is now suing that company. However, company officials also stated that they’ve suffered crashing sales over the past four years.
New Mexico: In Santa Fe, Bumble Bee’s Baja Grill shutdown.
New York: In Mount Vernon, grocery delivery company Peapod killing 239 jobs in September, because they’re moving to New Jersey! Big Apple based upscale snooty retailer Coach announced it is shutting down 70 stores across the U.S. Company officials blame the bad economy. Also in NYC, Rouge Tomate restaurant shutting down in August, 105 jobs lost!
Ohio: GMO seed company DuPont Pioneer announced a third round of layoffs. They didn’t give numbers, but in May they laid off 50 employees. Where’d the money go? A court says the Bureau of Workers’ Compensation overcharged 24-thousand employers, and now those employers want their money back. The only problem is that state officials don’t have it. And how much do the employers claim they’re owed? $859-million!
Oklahoma: The city of Tulsa revealed they’ve killed 150 police jobs since last year! The city has halted hiring as well. If taxpayer revenues don’t improve more cops could become unemployed.
Virginia: Patrick Henry Community College laid off 22 employees. Since 2013 the college has experienced declining enrollment, lower tuition revenues, increased costs and decreases in taxpayer funding.
Wisconsin: In Fond du Lac, Planned Parenthood shutdown. It’s the 5th Planned Parenthood to shutdown.
18 – 19 June 2014: More idiot politicians
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.
“Our ideals and principles, as well as our national security….That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013