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Election over let the layoff start: Boeing to cut 30%

 
Machine42

User ID: 14765545
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11/08/2012 08:30 PM

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Re: Election over let the layoff start: Boeing to cut 30%
And in Europe..

ING to Cut Jobs, Reports Drop in Profit


The Netherlands' largest bank by assets announced 1,000 job cuts at its commercial bank, in view of a "challenging business environment" and more stringent rules for the industry. It also said it would scrap 1,350 jobs at its European insurance business as it readies the unit for an initial public offering next year. ING employs around 94,000 people world-wide.


[link to online.wsj.com]
Machine42

User ID: 14765545
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11/08/2012 08:30 PM

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Re: Election over let the layoff start: Boeing to cut 30%
And in Europe..

ING to Cut Jobs, Reports Drop in Profit


The Netherlands' largest bank by assets announced 1,000 job cuts at its commercial bank, in view of a "challenging business environment" and more stringent rules for the industry. It also said it would scrap 1,350 jobs at its European insurance business as it readies the unit for an initial public offering next year. ING employs around 94,000 people world-wide.


[link to online.wsj.com]
TSWB21

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11/08/2012 08:30 PM

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Re: Election over let the layoff start: Boeing to cut 30%
Boeing Co announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.

[link to www.chicagotribune.com]




Vestas Seeks 20 Percent Stake Sale, Cuts 3,000 More Jobs


Vestas Wind Systems A/S (VWS) is seeking to sell a stake of as much as 20 percent and said it’s reducing headcount by 3,000 to raise the staff cuts by the biggest wind turbine maker to almost a third over two years.

[link to www.businessweek.com]


Hawker Beechcraft announces more layoffs

The company says 240 employees will lose their jobs with the closing of Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio, Texas.

It also plans to cut a total of 170 jobs at its Wichita headquarters and at its completion center in Little Rock. More than half of the jobs being elimianted are in Arkansas, however the planemaker refused to release an exact number.

[link to www.kwch.com]

Research in Motion cuts jobs at U.S. headquarters in Irving

Research in Motion Ltd., the maker of BlackBerry smartphones, laid off about 200 people at its U.S. headquarters in Irving on Wednesday, according to a source close to the company who did not want to be named.
Canada-based RIM spokesman Nick Manning confirmed that layoffs occurred in Irving but would not specify how many. RIM employed about 700 people there.

[link to www.dallasnews.com]

U.S. Cellular drops Chicago, cuts 640 local jobs


The move will result in 980 job cuts at U.S. Cellular, with 640 in the Chicago area, according to a spokeswoman. The cuts are slightly under 12 percent of the approximately 8,400 total employees U.S. Cellular had at the end of the third quarter.

[link to biztimes.com]

SRA International to lay off 222 in Arlington
Fairfax-based SRA International Inc. has given notice to the the Virginia Workforce Network that it will lay off 222 people in Arlington Jan. 1, 2013.

[link to www.bizjournals.com]

Hyatt Regency Tampa issues layoff notice
The Hyatt Regency Tampa has posted a Worker Adjustment and Retraining Notification affecting 222 employees.

[link to www.bizjournals.com]

More layoffs announced at Anniston weapons incinerator
The company that operated Anniston’s chemical weapons incinerator has 50 fewer workers today as part of continuing efforts to close down the facility.

According to a Wednesday press release from Westinghouse Anniston, the contractor responsible for shutting down the facility, the employee drawdown today will affect 50 workers at the Anniston Chemical Agent Disposal Facility. The facility reached another closure milestone and so no longer needs the labor.

[link to www.annistonstar.com]


The Axe Falls: Bristol-Myers To Cut Nearly 500 Jobs
And the parade of layoffs continues. The latest drugmaker to shed some workers is Bristol-Myers Squibb, which plans to eliminate 479 sales reps and related jobs now that Otsuka Pharmaceuticals will assume responsbility for marketing the Abilify antipsycotic in the US, a spokeswoman tells us. The job cuts were disclosed in a state notice.

[link to www.pharmalot.com]


I'll keep updating as it comes in.
 Quoting: gebahie


Thats a lot , and you can just kiss thousands of small businesses good bye.

This isnt going to be pretty.
mathetes

User ID: 18119575
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11/08/2012 08:30 PM

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Re: Election over let the layoff start: Boeing to cut 30%
Nextel to cut 20% of jobs at Virginia headquarters
As part of this strategy, the company is reassigning select positions located at its headquarters to its operations in Latin America and eliminating certain positions at its corporate headquarters in Virginia (US). In total, the company will reduce its workforce at its headquarters by 20 percent.



[link to www.telecompaper.com]
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
TrinityMountain

User ID: 27286219
Canada
11/08/2012 08:31 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Canada is cutting jobs too. Its everywhere. Has everything to do with the World Economy all over. Quit blameing everybody for everything.

Canada cancelled some stuff with boeing.

There's going to be more and more of it as the World tanks economically.

Tighten your belt and keep it to basics. Do more. Work Harder. Thats the name of the game.

Guess so many people shouldn't have wasted so much money on shit and stuff in the good times.

The saying in Alberta . Boom has gone Bust a few times in the 80's and 90's is this:

Please god let there be another Boom Again. I promise not to piss it away this time. !
Anonymous Coward
User ID: 26957116
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11/08/2012 08:32 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Lockheed is laying off thousands
maybe

the US can just all get on the socialist government dole and sit around and smoke pot
 Quoting: Anonymous Coward 8171374


Lockheed workers are all on the government dole - its because of defense cuts that they're threatening layoffs. WHERE DO YOU THINK THAT MONEY COMES FROM? Good god the ignorance on this board is disgusting.
 Quoting: Anonymous Coward 26957116


You DO realize that these people own homes, buy groceries, cars and other shit & support their local economies right?

Do you "think" (and I use the word hesitantly where you are concerned) that 100% of LM's business is government contracts?

The economic & fiscal ignorance that you're spouting is what you should concern yourself with...

Keep on hatin' on successful people AC, that's the path to success...

Where do you think the money to pay their unemployment benefits is going to come from??? The Magic Free Shit Fairy???

Your ride sbus and your sign dumbass
 Quoting: Anonymous Coward 12029817


Lockheed layoffs are direct result of defense cuts. Learn to read.
Kirk

User ID: 25384388
United States
11/08/2012 08:39 PM

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Re: Election over let the layoff start: Boeing to cut 30%
Umatilla Chemical Depot is yet another defense contractor (welfare recipient) company.
 Quoting: Anonymous Coward 26957116


they were disposing chemical weapons in an airtight reactor.
They have been doing this for the last 8 or 9 years. I think the inventory is in the end phase. Sarin I think. So the layoffs were in the schedule.
Worry is a misuse of the imagination.
Renegade (Me too)

User ID: 24639180
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11/08/2012 08:42 PM

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Re: Election over let the layoff start: Boeing to cut 30%
So no 'massive' layoffs because of the election - just a bunch of taxpayer funded parasites losing their jobs. Thread is a fail and an embarrassment for the OP.
 Quoting: Anonymous Coward 26957116


Highly doubtful that all Lockheed is for this government as they have or rather had high sales abroad.
 Quoting: Bluebird


Ignore AC 116, bluebird. He has been trolling this thread bad.
Who is John Galt?
Renegade (Me too)

User ID: 24639180
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11/08/2012 08:42 PM

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Re: Election over let the layoff start: Boeing to cut 30%
Another sad day and wake up call for America.

Last Edited by Renegade () on 11/08/2012 08:44 PM
Who is John Galt?
Anonymous Coward
User ID: 6673466
United States
11/08/2012 08:53 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Wait til the next batch of numbers come out, unemployment will go down.
Anonymous Coward
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11/08/2012 09:05 PM
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Re: Election over let the layoff start: Boeing to cut 30%
So no 'massive' layoffs because of the election - just a bunch of taxpayer funded parasites losing their jobs. Thread is a fail and an embarrassment for the OP.
 Quoting: Anonymous Coward 26957116


Highly doubtful that all Lockheed is for this government as they have or rather had high sales abroad.
 Quoting: Bluebird


Ignore AC 116, bluebird. He has been trolling this thread bad.
 Quoting: Renegade (Me too)


And you know you're wrong and have nothing to say.

Either Obama is doing right and people working for defense contractors need to be laid off because they are glorified welfare recipients or

You are for the welfare state and your only complaint is who gets to receive the freebies.

Hypocrites.
NewsUpdater

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United States
11/08/2012 09:24 PM
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Re: Election over let the layoff start: Boeing to cut 30%
This is no surprise. This is what happens when we elect Democrats or a pretend Conservative Republican candidate.

Vote Libertarian or Constitutional party if there is a next time instead of who the people on TV tell you to vote for.

Small Government, Low Taxes, Low Spending, Minimal regulation, minimal government involvement in anything, let the free markets work. Get Big Brother and big government out of our lives. No more Department of Education, FEMA, IRS, and any other illegal unconstitutional department of fat cats living high off of the tax dollars.
Fact are important, They should be presented first, opinions will vary.
Anonymous Coward
User ID: 26957116
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11/08/2012 09:29 PM
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Re: Election over let the layoff start: Boeing to cut 30%
This is no surprise. This is what happens when we elect Democrats or a pretend Conservative Republican candidate.

Vote Libertarian or Constitutional party if there is a next time instead of who the people on TV tell you to vote for.

Small Government, Low Taxes, Low Spending, Minimal regulation, minimal government involvement in anything, let the free markets work. Get Big Brother and big government out of our lives. No more Department of Education, FEMA, IRS, and any other illegal unconstitutional department of fat cats living high off of the tax dollars.
 Quoting: NewsUpdater


Learn to read. Most of these layoffs are due to defense cuts. Good god you're goddamn stupid.
Anonymous Coward
User ID: 24957083
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11/08/2012 09:35 PM
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Re: Election over let the layoff start: Boeing to cut 30%
I do jobs at some of these companies, especially Boeing, and those of you saying, "blah blah blah, it's not Obama's fault", yes it is. These managers ARE actually laying people off because Obama won the election and expecting a huge loss in profit because of the ridiculous employer requirements for health care and tax hikes.
Anonymous Coward
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11/08/2012 09:39 PM
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Re: Election over let the layoff start: Boeing to cut 30%
And this is what the American people voted for? We are now a take it country...no longer A make it country. And we will go over the fiscal cliff. SO DOOM ON
Anonymous Coward
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11/08/2012 09:42 PM
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Re: Election over let the layoff start: Boeing to cut 30%
I hope they don't plan on giving the laid off losers 99 fucking weeks again!
Anonymous Coward
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11/08/2012 09:43 PM
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Re: Election over let the layoff start: Boeing to cut 30%
I do jobs at some of these companies, especially Boeing, and those of you saying, "blah blah blah, it's not Obama's fault", yes it is. These managers ARE actually laying people off because Obama won the election and expecting a huge loss in profit because of the ridiculous employer requirements for health care and tax hikes.
 Quoting: Anonymous Coward 24957083


Read the articles halfwit. Most of the layoffs were announced before the election and are a direct result of DEFENSE CUTS. Exactly what conservatives have been yelling for - smaller government - but now that they get it the hypocrites whine like the liars they are.
Anonymous Coward
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11/08/2012 09:45 PM
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Re: Election over let the layoff start: Boeing to cut 30%
I hope they don't plan on giving the laid off losers 99 fucking weeks again!
 Quoting: Anonymous Coward 27343589


I hope not. That would be more welfare and wrong according to republicans. These people can just starve in the streets I guess.
Anonymous Coward
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11/08/2012 09:46 PM
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Re: Election over let the layoff start: Boeing to cut 30%
I do jobs at some of these companies, especially Boeing, and those of you saying, "blah blah blah, it's not Obama's fault", yes it is. These managers ARE actually laying people off because Obama won the election and expecting a huge loss in profit because of the ridiculous employer requirements for health care and tax hikes.
 Quoting: Anonymous Coward 24957083


odanceohappy
Anonymous Coward
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11/08/2012 09:46 PM
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Re: Election over let the layoff start: Boeing to cut 30%
And this is what the American people voted for? We are now a take it country...no longer A make it country. And we will go over the fiscal cliff. SO DOOM ON
 Quoting: Anonymous Coward 27084969


If you're unable to read DO NOT VOTE, DO NOT BREED. Most of these layoffs were announced before the election are the result of CUTS IN DEFENSE SPENDING.
Anonymous Coward
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11/08/2012 09:51 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Wait til the next batch of numbers come out, unemployment will go down.
 Quoting: Anonymous Coward 6673466

It will go up by 1/3.
Anonymous Coward
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11/08/2012 09:59 PM
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Re: Election over let the layoff start: Boeing to cut 30%
It's trickle down poorness.

My company will be cutting about 20% of their workforce now. In the next 6 months or so, expect to see about 5000 people being let go from a prominent engineering consultant.

When the infrastructure companies go under this kind of stress, expect the infrastructure to do the same.

All you bleeding heart liberals are about to get what you asked for......nothing.
Anonymous Coward
User ID: 19961452
United States
11/08/2012 10:01 PM
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Re: Election over let the layoff start: Boeing to cut 30%
It's trickle down poorness.

My company will be cutting about 20% of their workforce now. In the next 6 months or so, expect to see about 5000 people being let go from a prominent engineering consultant.

When the infrastructure companies go under this kind of stress, expect the infrastructure to do the same.

All you bleeding heart liberals are about to get what you asked for......nothing.
 Quoting: Anonymous Coward 27260841


My husband says he thinks he hears the fat lady singing
Anonymous Coward
User ID: 7702124
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11/08/2012 10:02 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Lockheed is laying off thousands
maybe

the US can just all get on the socialist government dole and sit around and smoke pot
 Quoting: Anonymous Coward 8171374


We all can now just sit around, fornicate, drink, smoke weed and then go load up on food with our EBT cards.

Ain't shit grand?

dogpile african
Anonymous Coward
User ID: 19961452
United States
11/08/2012 10:08 PM
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Re: Election over let the layoff start: Boeing to cut 30%
This is no surprise. This is what happens when we elect Democrats or a pretend Conservative Republican candidate.

Vote Libertarian or Constitutional party if there is a next time instead of who the people on TV tell you to vote for.

Small Government, Low Taxes, Low Spending, Minimal regulation, minimal government involvement in anything, let the free markets work. Get Big Brother and big government out of our lives. No more Department of Education, FEMA, IRS, and any other illegal unconstitutional department of fat cats living high off of the tax dollars.
 Quoting: NewsUpdater


Learn to read. Most of these layoffs are due to defense cuts. Good god you're goddamn stupid.
 Quoting: Anonymous Coward 26957116



Defense cuts?

U.S. Cellular
Hyatt Regency Tampa
Bristol-Myers
Blackberry
wind turbine manufacturers
Shaw’s supermarket chain
Volvo Trucks
Dana Holding Corp.
Stryker
Boston Scientific
Medtronic
Smith & Nephew
Abbott Labs
Covidien
Kinetic Concepts
St. Jude Medical
Hill Rom
Anonymous Coward
User ID: 23200727
Canada
11/08/2012 10:26 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Lockheed is laying off thousands
maybe

the US can just all get on the socialist government dole and sit around and smoke pot
 Quoting: Anonymous Coward 8171374


They'll lay off but the 10K is wildly exaggerrated

Round the same time, many companies in the industry were trying to scare Congress with these projections. They dont want the sequestration (look that up fr more info)
FatalW1shes

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11/08/2012 10:26 PM

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Re: Election over let the layoff start: Boeing to cut 30%
This is nothing compared to January.

See things are actually good now because of the holidays.

You know...Holiday hiring?


People wanting to make it to the end of the year?

Well maybe they need to dump people before the new year?


I dunno....but there is going to be a shit pile of people unemployed in a market saturated with unemployed with nobody hiring.


Time to either start your own business ( I hope you have skills somebody wants) or get the fuck out of Dodge and move to another more prosperous country.
Anonymous Coward
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11/08/2012 10:28 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Lil 0bama owns it now
Anonymous Coward
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11/08/2012 10:29 PM
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Re: Election over let the layoff start: Boeing to cut 30%
Lol 0bama owns it now. Buy TZA and feel the burn of the Barackolypse while you make $$$$$$$
Anonymous Coward
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11/08/2012 10:29 PM
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Re: Election over let the layoff start: Boeing to cut 30%
the businesses are laying off people so they can afford to stay in business when obamacare taxes and fees begin raping American businesses. Then the workers will have to get government insurance that will surely put them on the obama kill list ( death panels )..

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