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LAYOFF-O-RAMA going on again across corporate america. All domestic.

 
Anonymous Coward
User ID: 5073312
United States
06/09/2012 09:27 PM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
bump
Anonymous Coward
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06/09/2012 09:32 PM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
AT&T:
“We are reducing some jobs in the parts of our business that are declining, particularly wireline,” said AT&T spokesman Marty Richter. “In the last five years AT&T has lost more than 40 percent of its wired access lines — more than 27 million lines — as consumers increasingly disconnect their home wireline access and rely solely on wireless phones. This shift in our business is driving the shift in our employee base.”

- If more of us would buy what they're selling, they wouldn't have to move people out of those areas.

---

Yahoo:
"We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities," Thompson said Wednesday in a statement. "Our goal is to get back to our core purpose – putting our users and advertisers first. And we are moving aggressively to achieve that goal."

- They started out strong and got cocky... hired too many people in too many areas, got owned by companies like Google, and now have to back off.

---

Lockheed Martin:
"We will make our best effort to help interested employees find employment elsewhere in the [c]orporation," said Lockheed spokeswoman Lindsay Wilson. "We also expect that many of the affected employees may have the opportunity for employment with the new contract holder."

- The contract expired and they lost the bid on the followup.

---

Dow Chemical:
“These actions, while difficult, are in full alignment with our commitment to continually manage our portfolio to adapt to changing and volatile economic conditions, as we are seeing particularly in Western Europe, and to preferentially invest in our fast-growing, technology-rich businesses” Dow CEO Andrew Liveris said in a statement.

- This isn't exclusive to the US.

---

See? All of these are practically mandatory business decisions. Sure some of these companies could keep the extra people around, but then they're just hurting their bottom line, their shareholders, and the future of the company (and all its employees) overall.
 Quoting: TurkeyTots


Great summary, and very true. I used to work for one of the companies in this list and they have been overdue to fire many people for years. No coordinated conspiracy here, imo. They are just doing what they have to do to survive.
 Quoting: TheDude99


+1

A lot of these layoff are in markets (AT&T) that were dead 10 years ago. I'm surprised they haven't been cut long ago.

Bottom line, you need to keep your skills upgraded to today's market demands. Just because you were a good assembly line worker 25 years ago doesnt mean the market needs that now. Tech is the way to go
Instant Karma
For now we see through a glass, darkly

User ID: 1025379
United States
06/09/2012 09:39 PM

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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
The debt-based monetary system is on life support. The debt saturation point has already been passed. All new money created in the form of debt now lowers productivity.

debt-saturation

Last Edited by Instant Karma on 06/09/2012 09:46 PM
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]

mobius-gears
Anonymous Coward
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06/09/2012 09:55 PM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
The debt-based monetary system is on life support. The debt saturation point has already been passed. All new money created in the form of debt now lowers productivity.

:debt-saturation:
 Quoting: Instant Karma


+1
Anonymous Coward
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06/09/2012 10:17 PM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
How would asshole ZAZZ know anything about work when the fucker is here posting his idiotic crap 24/7......
Anonymous Coward
User ID: 16847391
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06/09/2012 10:20 PM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
How would asshole ZAZZ know anything about work when the fucker is here posting his idiotic crap 24/7......
 Quoting: Anonymous Coward 17682771


Hey, hows the gas pumping job going?

Make any good tips at the gloryhole in the men's room?

lmaolmao
Anonymous Coward
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06/19/2012 02:49 AM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
Another 2500 @ Albertsons grocery stores


[link to losangeles.cbslocal.com]
Anonymous Coward
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06/25/2012 05:36 AM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
bump

Nokia Will Axe 10,000 Jobs
[link to www.businessinsider.com]

Contractors Say Defense Cuts Mean Layoffs and Chaos
[link to www.thefiscaltimes.com]

California recorded the highest number of mass layoff initial claims
[link to www.livetradingnews.com]

Arch Coal laying off 750 workers in Appalachia
[link to www.kfvs12.com]

Research In Motion - Confirms New Layoffs
[link to www.informationweek.com]

Mass layoffs at CVS distribution center
[link to www.modbee.com]

Panasonic Eyes Mass Layoffs
[link to www.pingzine.com]
Anonymous Coward
User ID: 521503
United States
06/25/2012 06:27 AM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
How would asshole ZAZZ know anything about work when the fucker is here posting his idiotic crap 24/7......
 Quoting: Anonymous Coward 17682771


Hey, hows the gas pumping job going?

Make any good tips at the gloryhole in the men's room?

lmaolmao
 Quoting: Anonymous Coward 16847391


He gets to keep all he can hold in his mouth!
Anonymous Coward
User ID: 419649
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06/25/2012 07:32 AM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
well obama did give the illegals amnesty here... i think the companies are going to use these ppl at cheaper wages! :(((( just so happens these companies laying off ppl after what obama said last week!
Anonymous Coward
User ID: 18501292
United States
06/25/2012 07:41 AM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
We just had HP - 27,000
USPS, And many others. What do you think is the next step?

More Layoffs? or a Slow down?
 Quoting: Anonymous Coward 7768903


IMO, both....

Its a trickle down effect.....

All people that lost jobs affect other peoples jobs due to money turnover....

Therefore, 1 job lost might be equivalent to 2 or 3 eventual job layoffs, and the cycle continues....

There is a way to stop it....

Keep jobs here in the USA....

High tariffs for import goods...(Levels the playing field)

Low taxes on businesses that create jobs here in USA...
Higher taxes on automation that take away peoples jobs....

smaller Government (Federal and State)....
Get rid of NAFTA...

Bring back the mom-n-pop shops and the local stores....

How would the small shops compete with the conglomerates...(Level the playing field)
Anonymous Coward
User ID: 7768903
United States
07/11/2012 11:34 AM
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
[link to www.dailyjobcuts.com]

July 11 , 2012

Cadence Bank in Starkville Miss. - 17

The nonprofit Southeastern Michigan Health Association - 102

Update: Capital Health - 175 at Hopewell and Trenton Hospitals NJ

Bank of America Corp BofA - Reports of Layoffs in Commercial Banking Unit





July 10 , 2012

J.C. Penney Co - 350 More at its Plano HQ

Lockheed Martin Corp in Salina - 166

EMI Music Publishing - Layoffs Begin

Chelsea Therapeutics International Ltd - Planning Some Layoffs

Plastic-packaging manufacturer Winpak Ltd ( International ) - 12

The Blue Grass Army Depot - Warns of Possible Layoffs

Bayer CropScience - 250 of its Institute workforce





July 9 , 2012

Savient Pharmaceuticals Inc - 35% of its Workforce

Hewlett Packard HP - Reports of 100 Layoffs in Rio Rancho

Update: Gamesa - 165

Windsor Raceway ( International ) - Some Layoffs Reported

Canadian biotechnology company QLT Inc. - 146

Canada's Cardiome Pharma Corp - To Cut 85% of Jobs
Anonymous Coward
User ID: 7768903
United States
07/11/2012 11:41 AM
Report Abusive Post
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Re: LAYOFF-O-RAMA going on again across corporate america. All domestic.
We just had HP - 27,000
USPS, And many others. What do you think is the next step?

More Layoffs? or a Slow down?
 Quoting: Anonymous Coward 7768903


IMO, both....

Its a trickle down effect.....

All people that lost jobs affect other peoples jobs due to money turnover....

Therefore, 1 job lost might be equivalent to 2 or 3 eventual job layoffs, and the cycle continues....

There is a way to stop it....

Keep jobs here in the USA....

High tariffs for import goods...(Levels the playing field)

Low taxes on businesses that create jobs here in USA...
Higher taxes on automation that take away peoples jobs....

smaller Government (Federal and State)....
Get rid of NAFTA...

Bring back the mom-n-pop shops and the local stores....

How would the small shops compete with the conglomerates...(Level the playing field)
 Quoting: Anonymous Coward 18501292


Not that layoffs have stop, its just people have become numb

News








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