U.S. loses $1.2-trillion in three months! “…cuts would probably occur weeks after Bank of America pays bonuses…” Sprint kills more jobs! : U.S. Job Losses & Closings 28 January 2016

Incomplete list of job loss announcements and shutdowns.

California:   In San Francisco, Belcampo Meat Company shutting down their Mission Street butcher shop.  The operators of the butcher shop chain said the Mission Street location could not maintain enough volume sales to justify its existence.  In Desert Hot Springs, after 70 years Haidet’s True Value Hardware shutdown.

Connecticut: It’s been revealed that Yale University laid off at least 24 IT employees.  CIO Len Peters warns of more job cuts saying “In order to further close our budget gap, some involuntary layoffs have taken place. Moving forward, we will continue to look for ways to be more cost-effective and agile with our services.”    God refuses to stop the shutdown of two of ‘his’ schools; Saint Vincent De Paul in East Haven and Saint Gabriel in Milford.  The schools managed to survive The Great Depression and numerous recessions, but for some reason they can’t survive what I call Disappearing Students Syndrome.   Saint Vincent is reportedly down to just 89 students.

Florida:  Health Support Network- Center for Building Hope-Brides Against Breast Cancer now chapter 7 bankrupt busted and being liquidated, after shutting down without warning back in September.  A former CEO is accused of stealing donations meant to help families dealing with cancer treatment.  Local news media reporting that General Growth Properties (GGP) will tear down part of their Pembroke Lakes Mall Sears store to build a new movie theater, pending approval by the local zoning board.

Georgia: No more iconic The Varsity burger joint? “After a great deal of thought and consideration, the leadership of The Varsity has decided to close our store in Alpharetta on Feb 1. We would like to sincerely thank the people of Alpharetta for welcoming us in their community for the past 12 years. We weighed a number of options and came to the conclusion that our three other stores….can effectively serve our customers in this area.”

Idaho: University of Idaho shutting down their Caine Veterinary Teaching Center.  Apparently the university plans on teaching veterinarian skills directly through livestock owners, news reports say the university veterinarian faculty are being laid off.

Illinois:  All seven Off Track Betting locations suddenly shutdown after 24 years. The horse racing gambling sites were operated by a company called All Seasons, no explanation was given for the sudden shutdown.  In Evanston, after 35 years Howard’s Books shutting down by the end of February.  The owner say it “makes sense” to shutdown because “The chains hurt the independents, and then Amazon comes along and hurts the chains.”  The Western Illinois University laid off 30 people due to the failed state ‘lawmakers’ failing to come up with a budget.

Indiana: Locally operated oil company Country Mark laid off 20 employees, blaming low oil prices for forcing them to reduce output.

Iowa:  British empire based education publisher Pearson suddenly began laying off an undisclosed number of employees in the Cedar Rapids-Iowa City area, as part of their plans to eliminate 4-thousand jobs globally!  Administrators claim that by not giving out the exact number of people laid off in Iowa that they are somehow “protecting the privacy” of those employees.

Kansas: Local news media revealed that Overland Park based Sprint has eliminated at least 6-thousand jobs in the past two years! Read on to learn of the latest Sprint layoffs in Texas and Virginia.  (don’t forget the other mass layoffs revealed a couple of days ago)

Michigan: What automotive industry recovery? Fiat Chrysler Automotive is shutting down its Sterling Heights Chrysler 200 and Dodge Dart factory for at least six weeks, due to crashing sales.  In Holland, after more than 60 years Dykstra Post and Home supply store shutting down by the end of February.  Apparently the operator was overwhelmed by his other full time job and offered to sell it to employees, but they weren’t able to buy.  The landlord then offered to end the lease early, and that offer was accepted.

New York:  In Freeport, the Stop&Shop grocery store shutting down in February, residents say it will leave them with only one grocery store in their city.  Stop&Shop is one of several grocery chain stores owned by Netherlands based Ahold which recently announced it was massively cutting back on operations in the United States.  American HomePatient shutting down their Regional Billing Center in Buffalo, 42 jobs lost by the end of April.  In Astoria, Empire Merchants ending their booze distribution operations, 109 jobs lost by the end of April!  Bloomberg reporting that NYC based Too Big to Jail Bank of America will kill even more jobs by March: “Chief Executive Officer Brian Moynihan has said he will eliminate jobs this year as the industry is squeezed by sluggish trading, low interest rates and rising loan losses…..    ….The cuts would probably occur weeks after Bank of America pays bonuses to traders and bankers in mid-February.”

By my own record keeping (starting in 2010) Bank of America has eliminated nearly 100-thousand jobs globally!  

North Carolina:  Morrison Healthcare continues to kill jobs after losing a food service contract with Carolinas HealthCare Systems, local news reports say layoffs will now hit 350!   Grace’s Café, an eatery at Duke University, is shutting down at the end of the semester.  The operator said sales are not enough to pay for needed renovations to the kitchen.

Pennsylvania: Too Big to Jail Warren based Northwest Bancorp (aka Northwest Bank) shutting down 24 offices in Pennsylvania, Maryland, New York and Ohio.  The shutdowns will be complete by Summer and are blamed on customers.

Tennessee:  In West Nashville, The Stone Fox  shutting down this weekend, 30 jobs lost.  After four years of success the restaurant-live music joint is apparently being replaced with something else.

Texas:  In Dallas, after 45 years Herrera’s Tex Mex shutting down this weekend because the landlords want to re-purpose the property.  Sprint shutting down their Temple call center, 350 jobs lost by the first week in February!

Virginia: Sprint shutting down their Hampton call center, 380 jobs lost in March!

Washington DC: The Federal Reserve Bank reported that the overall net worth of the United States crashed by $1.2-trillion USD in the 3rd quarter of 2015!  (interestingly that’s the same as the record student loan debt total)

Wisconsin:  What housing market recovery?  Too Big to Jail Chase shutting down its Milwaukee mortgage customer service office, 135 jobs lost by the end of March!

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.”