Incomplete list of job loss announcements and shutdowns.
Delaware: More proof you brick-n-mortar store owners can’t directly blame the internet/high tech for your demise; software company SevOne revealed that it eliminated about 50 jobs last week.
Florida: In Fort Lauderdale, “notorious” Tropicana Motel shutting down after 60 years. It’s being replaced with a giant expensive hotel.
Georgia: In Albany, after five years Christian owned (Flint River Presbytery) non-profit Bare Bulb Coffee shop shutting down due to road construction that killed customer traffic.
Illinois: Chicago Public Schools laid off 62 people on Monday. The village of University Park eliminating 50 jobs due to “Mismanagement of funds, borrowing and never paying it back. Now we have a poor rating, and we can’t borrow money.”
Indiana: Texas based Trinity Containers shutting down their Quincy ops starting in May. 72 jobs lost due to a sudden decline in demand for their propane tanks. It should be noted that Trinity reported a record 4th quarter 2015 profit of $200-million USD! However, administrators said despite the 2015 profit “Our outlook for 2016 reflects the weakening in the industrial economy that began broadly impacting our businesses late last summer.”
Maryland: Plastic container maker Graham Packaging shutting down its Baltimore operation, 79 jobs lost by the end of Summer.
Massachusetts: 79 jobs lost as the Fall River Kmart shuts down in May. More proof you brick-n-mortar store owners can’t directly blame the internet/high tech for your demise; software company Avid Technology eliminating $68-million USD in jobs and services, blaming bad management decisions such as failing to keep up with new technological developments!
Mississippi: In Quitman (yep, that’s the city’s name), Solvay Biomass Energy revealed it laid off 32 people last week. They can’t compete with cheap oil prices.
Nebraska: Omaha based job killer ‘christian’ Warren Buffett says vehicle insurance rates are going up due to increased accidents. He should know, the insurance industry is his forte. Buffett got his start with GEICo, which stands for Government Employees Insurance Company, in a ’round-a-bout way making his first fortune off taxpayers.
New York: In NYC, Iowa based marketing company Meredith Corporation revealed they laid off 29 people last Friday. EmblemHealth Services shutting down their Centers for Medicare & Medicaid Services, 82 jobs lost beginning at the end of May. It’s blamed on a lost contract. More proof you brick-n-mortar store owners can’t directly blame the internet/high tech for your demise; Manifest Digital shutting down its Saratoga Springs office, as a result of its merger with McMurry/TMG.
Ohio: 78 jobs lost as the Lancaster Kmart is shutting down in May. 18 jobs lost as the Dixie Highway Sears Appliance & Hardware shuts down this Friday.
Oklahoma: D&L Oil Tools laid off 78 people, blaming low oil prices.
Pennsylvania: After suddenly laying off ambulance technicians in New York, with no final paychecks, TransCare suddenly shutdown their Monroeville facility, 120 people out of work and with no paychecks! Local TV news reports reveal even more bad news for employees.
Rhode Island: Memorial Hospital announced it must eliminate an undisclosed number of employees, and shutdown a birthing center, a surgical department and intensive care unit.
South Carolina: 61 jobs lost as the North Augusta Kmart is shutting down by May.
Texas: Investor’s Business Dailey issued a WARN saying at least 14 people in Plano will become jobless by the end of April. Luminant Mining Company issued multiple WARNs, 80 jobs lost by the end of April. Denmark based Maersk Drilling laid off 35 people in Houston. Also in Houston, Boeing plans to layoff at least 15 people by the end of April. Grapevine based oil field service company Green Hunter Resources now chapter 11 bankrupt busted.
Virginia: In Radford, after 17 years Wade’s Foods shutting down, the owner blames skyrocketing costs and competition with big corporate stores, more than 50 jobs lost. Local news says plans to shutdown were made last year.
Washington DC: U.S. Energy Information Agency (EIA) reporting that despite the tens of thousand of U.S. oil industry layoffs and hundreds of rig shutdowns, U.S. oil production in the Gulf of Mexico will hit record levels in 2017. The EIA expects Gulf of Mexico production to hit 1.9mbd (million barrels per day), and that’s separate from the Obama regime’s plan to authorize a 45 million acre expansion of oil operations in the Gulf!
WARN=Worker Adjustment & Retraining Notification
28 -29 February 2016: “took a knife and cut my heart out”
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.”