Incomplete list of publicly announced layoffs & shutdowns:
For the second year in a row evil unAmerican corporate America has hoarded away $1.4-trillion USD in cash (reported 2nd highest cash balance [$1.43 trillion] in 10 years for Q2.)! The amounts are record setting, it’s enough to run the countries of both Belgium and Sweden. In the past I’ve written how cash hoarding by the elite is the true cause of recession/depressions. (the .004% New World Ultra Wealthy are taking over!, $20 trillion stolen away and hoarded by Global Elites! Money hoarding is a threat to National Security! , the Elites are hoarding the cash, minimum wage earners are losing money by having a job, Toyota cash hoarding …for economic collapse!, Elites have been waging economic war on the rest of us, Elites being told to hoard more Money,bailout loans part of plan to take over governments , the Elites are Money Hoarders, not Trickle Downers)
California: San Diego based Qualcomm issued mass layoff WARNs indicating that the thousands of layoffs previously announced will begin right before Thanksgiving! Bridgepoint Education issued a layoff WARN for 19 people in San Diego. Kroger issued a WARN saying they will shutdown their Glendora Ralph’s grocery store right before Thanksgiving, 73 jobs lost. TGI Friday’s issued a shutdown WARN for their Valencia restaurant, 62 jobs lost right before Thanksgiving. In Woodland Hills, Intuit laying off 12 people before Thanksgiving. Is ObamaCare the cause of AbilityFirst’s demise? The developmental disabilities services company issued a shutdown WARN for its Woodland Hills operation, 105 jobs lost before Thanksgiving! In Mira Loma, medical device company Medtronic Distribution laying off 21 people by January 2016. Affordable Care Act (ObamaCare) forcing medical tech company CareFusion to issue layoff WARNs for two locations, 95 jobs lost by the end of the month. What automotive industry recovery? Illinois based Brake Parts issued a mass layoff WARN for their Chowchilla ops, 107 people jobless before Thanksgiving! Tax-sucker Boeing eliminating another half dozen jobs before Thanksgiving.
Idaho: After earlier revealing that Mormons were at the top of political donations to corrupt ‘lawmakers’, the Idaho Statesman continues its investigation into who is really funding The Gem State’s Right to Work (you over) politicians. 75% of campaign donations went to false conservative republicans. Gambling operations, specifically horse racing, were major donors. This is interesting because the gov’na Otter regime is currently waging a war to shutdown Idaho horse racing outfits! The Idaho Statesman also found out that the constantly re-elected ‘lawmakers’ (gov’na and federal level representatives), that most Idahoans hate, actually get a lot of campaign money from sources outside of the state!
Louisiana: Eight dry cleaning shops shutting down across The Pelican State. The owners of the 115 years old (surviving the Great deflationary Depression and numerous recessions) Kean’s Fine Dry Cleaning directly blames casual clothing, labor shortages and the Affordable Care Act (ObamaCare). ObamaCare forced them to provide their employees with health insurance, which they say their sales cannot support.
Maryland: In Baltimore, after one year Red Parrot Asian Bistro quietly shutdown, according to former employees. Cafe Tesfa shutdown without warning, the owners were upset but didn’t say why they had to shut it down.
Minnesota: In Owatonna, after 125 years (surviving the Great deflationary Depression and numerous recessions) Saint Clair’s for Men clothing store shutdown. God can’t stop ObamaCare from shutting down ‘his’ Saint Olaf Lutheran nursing home right before Thanksgiving. The nursing home was already losing money before the Affordable Care Act was passed, and it needs millions of dollars in renovations. The cut in ObamaCare insurance reimbursements was the final straw as the majority of the residents are low income.
Montana: The largest employer in Mineral County, Tricon Timber, laid off 90 people (an entire shift), due to the lack of a true housing construction recovery.
Nebraska: In Columbus, clothing store Schweser’s shutting down after Xmas: “We have seen a drop in sales in some of our stores over the past few years that has been difficult to overcome. Our expenses continue to rise, including the cost of goods, and our sales have not kept pace in some locations.”-Tyler Smith
New York: After 162 years (surviving the Great deflationary Depression and numerous recessions) Marilla Grill shutdown, the owner said “It’s time to do a job that isn’t so stressful.” Described as the oldest jewelry store in Bronx, Freilich Jewelers shutdown. God refuses to stop three of ‘his’ United Methodist churches from shutdown. The Rapture, I mean lack of participation by those unrepentant heathens, forced United Methodist churches in Dorloo, Mineral Springs and Hyndsville to close up this weekend. Vintage Out of the Closet clothing store shutdown after more than 20 years: “Traffic has been way down…..Our collection is better than ever, but we are not moving our inventory.”-Lucy Martin, cowner
North Dakota: The crashing oil market is crashing local mom-n-pops. In Fargo, Dickey’s Barbecue Pit shutdown and for sale. Also in Fargo, Long John Silver’s-A&W restaurant shutdown and for sale. The owner of the A&W claims the past year was his best year for sales (over his 21 years of operations), he shut it down because he wanted to go out on top.
Pennsylvania: Six National Penn bank offices shutting down due to the $1.8-billion USD takeover by evil BB&T(Branch Banking & Trust).
Texas: Still under construction cancer treatment center Dallas Proton Treatment now chapter 11 bankrupt busted. A billionaire backer wants out, and wants the money invested back, accusing the California based property developer of ripping everybody off! In Longview, after five years Willy G’s Bar & Grill shutdown. Employee Ronnie Esposito blames the suck-ass economy, saying the writing was on the wall: “I knew it was on its way out. When you don’t order food, liquor or other supplies, it’s kind of obvious.”
25 September 2015: “We cannot remain solvent” Haggen kills off 5,000 jobs!
WARN=Worker Adjustment & Retraining Notification
Former employees who receive severance are not counted as unemployed
The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”