Sat Mar 23, 2024 11:33 pm by globalturbo
Massive List Of Post-Election Firings And Layoffs
Posted on November 10, 2012 by Gillian
Economic Collapse Blog | November 10 2012
The
victory by Barack Obama on election night has resulted in a huge wave
of firings and layoffs all over America. A large number of businesses
seem to have suddenly shifted into panic mode. The number of layoff
announcements that we have seen in the last 48 hours has been absolutely
shocking. So why is this happening? Well, the truth is that the
federal government is absolutely suffocating small businesses all over
America with rules, regulations and taxes. If you have never tried to
run a small business, then you have no idea how oppressive this system
actually is for people that are trying to run small businesses
successfully. It has steadily gotten worse over the years no matter who
has been in the White House and no matter who has controlled Congress.
So we shouldn’t put 100% of the blame on Obama. Bush massively
expanded government and made things harder on small business people
too. But what many small business people were looking for on this
election day was just a little bit of help. Many were desperately
holding out hope that Obamacare would be repealed so that they would not
have to get rid of some of their employees. Many were hoping to get a
little bit of relief from the crippling regulations and taxes that are
absolutely crushing them. But now that Barack Obama has been given
another four years, they understand that there is no hope on the horizon
and that things are only going to get worse. So they are making the
hard decisions that they feel are necessary in order to survive in this
economic environment.
And I certainly don’t blame them. You only want to have employees if
you can make a profit on them. And in this environment it is getting
harder than ever to make a profit on an employee. You see, the truth is
that what you cost your employer goes far beyond your salary or your
hourly wage. I think many of you would be absolutely shocked if you
learned how much it actually costs your employer to employ you. And now
thanks to Obamacare, that cost is going to go up even more.
Many businesses are not even feasible at
all in this economic environment. Many small businesses had been
holding out hope that somehow this election might turn things around and
make it possible for them to keep going, but when Obama won it was kind
of like the straw that broke the camel’s back.
You can’t do what the federal government and the state governments
are doing to us and expect to have a thriving economy. They are choking
the life out of us.
New businesses and small businesses are supposed to be at the heart
of our economic system. Unfortunately, the environment that has been
created is absolutely killing them. This is a recipe for disaster.
In a previous article, I noted that the number of jobs created at new businesses in 2010 in the United States was less than half of what it was back in the year 2000.
Now we can expect that number to get even worse and we can expect
large numbers of small businesses to shrink in size or close their doors
completely.
The following is a list of some of the post-election firings and layoffs that we have seen since Tuesday night…
#1 Utah
A Utah coal company owned by a vocal critic of President Barack Obama has laid off 102 miners.
The layoffs at the West Ridge Mine are
effective immediately, according to UtahAmerican Energy Inc., a
subsidiary of Murray Energy Corp. They were announced in a short
statement made public Thursday, two days after Obama won re-election.
The layoffs are necessary because of the
president’s “war on coal,” the statement said. The slogan is one used
frequently during the election by Murray Energy CEO Robert Murray, who
was an ardent supporter of Republican presidential candidate Mitt
Romney.
In its statement, UtahAmerican Energy
blames the Obama administration for instituting policies that will close
down “204 American coal-fired power plants by 2014″ and for drastically
reducing the market for coal.
#2 Ohio
I work for the oldest and largest health
insurer in the state of Ohio in the underwriting department. At 9
a.m.this morning, my department (about 50) were called into a meeting in
the executive boardroom. We were informed that due to a provision in
the healthcare ‘reform’ effective 2014 called guarantee issue, our
services would no longer be needed, and we were offered severance So
Obama got to keep his job, and we lost ours. It is maddening that some
tyrant 400 miles away can have such a ruinous effect on peoples lives.
#3 Nevada
A Las Vegas business owner with 114
employees fired 22 workers today, apparently as a direct result of
President Obama’s re-election.
“David” (he asked to remain anonymous for
obvious reasons) told Host Kevin Wall on 100.5 KXNT that “elections
have consequences” and that “at the end of the day, I need to survive.”
Here’s an excerpt from the interview. Click the audio tab below to hear even more from this compelling conversation:
“I’ve done my share of educating my
employees. I never tell them which way to vote. I believe in the free
system we have, I believe in the right to choose who they want to be
president, but I did explain as a business owner that I have always put
my employees first. I always made sure that when I went without a
paycheck that made sure they were paid. And I explained that I
always put them first and unfortunately I’m at a point where I’m being
forced to have to worry about me and my family now and a business that I
built from just me to 114 employees.
#4 Posted below is a list of layoff headlines from the past few days that was posted on AmericanThinker.com…
Obama was “fired up” and so were the
voters, and so now, the mass firings begin. Here’s a collection of
today’s headlines. Please say a prayer for the families who will be
suffering. Had Romney won, many of these companies would now be hiring.
#5 According to the Blaze, the following major corporations have all announced layoffs in just the past two days…
You can get the rest of the details right here.
#6 The following is a list of companies that will be laying off workers just because of Obamacare that was compiled by FreedomWorks…
Dana Holding Corp.
As recently as a week ago, a global auto
parts manufacturing company in Ohio known as Dana Holding Corp., warned
their employees of potential layoffs, citing “$24 million over the next
six years in additional U.S. health care expenses”. After laying off
several white collar staffers, company insiders have
hinted at more to come. The company will have to cover the additional
$24 million cost somehow, which will likely equate to numerous cuts in
their current workforce of 25,500 worldwide.
[i]Stryker
One of the biggest medical device
manufacturers in the world, Stryker will close their facility in Orchard
Park, New York, eliminating 96 jobs in December. Worse, they plan on
countering the medical device tax in Obamacare by slashing 5% of theirglobal workforce - an estimated 1,170 positions.
Boston Scientific
In October of 2009, Boston Scientific CEO Ray Elliott, warned that proposed
taxes in the health care reform bill could “lead to significant job
losses” for his company. Nearly two years later, Elliott announced that
the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas – to China.
Medtronic
In March of 2010, medical device maker Medtronic warned that Obamacare taxes could result in a reduction of precisely 1,000 jobs. That plan became reality when the company cut 500 positions over the summer, with another 500 set for the end of 2013.
Others
A short list of other companies facing future layoffs at the hands of Obamacare:
A lot of other businesses are going to
reduce the number of employees they have or reduce the average work week
in order to avoid the Obamacare insurance coverage mandate that will
soon be implemented.
This is how CNSNews.com describes the choice that many employers will be facing…
That section, known as the employer mandate, requires any
business with 50 or more full-time employees to provide at least the
minimum level of government-defined health coverage to those employees.
In other words, a business must provide insurance if it has 50 or more employees working an average of just 30 hours per week, which is 10 hours per week fewer than the traditional 40-hour work week.
Thus, by cutting employees’ hours to
ensure they average less than the 30 per week, employers could
potentially avoid the cost of providing the minimum insurance levels
mandated by Obamacare.
So if your company trims the number of workers to just under 50 or
starts going to “29 hour work weeks”, then you will know who to blame.
All of this is complete and utter insanity. We are committing national economic suicide.
But perhaps we deserve this. After all, Americans willingly chose
their leaders on election day. It is getting harder and harder to deny
that our politicians are truly a reflection of who we are as a nation.
The American people chose this path, and now we get to see where it leads us.
Thanks to: http://shiftfrequency.com
Posted on November 10, 2012 by Gillian
Economic Collapse Blog | November 10 2012
Thevictory by Barack Obama on election night has resulted in a huge wave
of firings and layoffs all over America. A large number of businesses
seem to have suddenly shifted into panic mode. The number of layoff
announcements that we have seen in the last 48 hours has been absolutely
shocking. So why is this happening? Well, the truth is that the
federal government is absolutely suffocating small businesses all over
America with rules, regulations and taxes. If you have never tried to
run a small business, then you have no idea how oppressive this system
actually is for people that are trying to run small businesses
successfully. It has steadily gotten worse over the years no matter who
has been in the White House and no matter who has controlled Congress.
So we shouldn’t put 100% of the blame on Obama. Bush massively
expanded government and made things harder on small business people
too. But what many small business people were looking for on this
election day was just a little bit of help. Many were desperately
holding out hope that Obamacare would be repealed so that they would not
have to get rid of some of their employees. Many were hoping to get a
little bit of relief from the crippling regulations and taxes that are
absolutely crushing them. But now that Barack Obama has been given
another four years, they understand that there is no hope on the horizon
and that things are only going to get worse. So they are making the
hard decisions that they feel are necessary in order to survive in this
economic environment.
And I certainly don’t blame them. You only want to have employees if
you can make a profit on them. And in this environment it is getting
harder than ever to make a profit on an employee. You see, the truth is
that what you cost your employer goes far beyond your salary or your
hourly wage. I think many of you would be absolutely shocked if you
learned how much it actually costs your employer to employ you. And now
thanks to Obamacare, that cost is going to go up even more.
Many businesses are not even feasible at
all in this economic environment. Many small businesses had been
holding out hope that somehow this election might turn things around and
make it possible for them to keep going, but when Obama won it was kind
of like the straw that broke the camel’s back.
You can’t do what the federal government and the state governments
are doing to us and expect to have a thriving economy. They are choking
the life out of us.
New businesses and small businesses are supposed to be at the heart
of our economic system. Unfortunately, the environment that has been
created is absolutely killing them. This is a recipe for disaster.
In a previous article, I noted that the number of jobs created at new businesses in 2010 in the United States was less than half of what it was back in the year 2000.
Now we can expect that number to get even worse and we can expect
large numbers of small businesses to shrink in size or close their doors
completely.
The following is a list of some of the post-election firings and layoffs that we have seen since Tuesday night…
#1 Utah
A Utah coal company owned by a vocal critic of President Barack Obama has laid off 102 miners.
The layoffs at the West Ridge Mine are
effective immediately, according to UtahAmerican Energy Inc., a
subsidiary of Murray Energy Corp. They were announced in a short
statement made public Thursday, two days after Obama won re-election.
The layoffs are necessary because of the
president’s “war on coal,” the statement said. The slogan is one used
frequently during the election by Murray Energy CEO Robert Murray, who
was an ardent supporter of Republican presidential candidate Mitt
Romney.
In its statement, UtahAmerican Energy
blames the Obama administration for instituting policies that will close
down “204 American coal-fired power plants by 2014″ and for drastically
reducing the market for coal.
#2 Ohio
I work for the oldest and largest health
insurer in the state of Ohio in the underwriting department. At 9
a.m.this morning, my department (about 50) were called into a meeting in
the executive boardroom. We were informed that due to a provision in
the healthcare ‘reform’ effective 2014 called guarantee issue, our
services would no longer be needed, and we were offered severance So
Obama got to keep his job, and we lost ours. It is maddening that some
tyrant 400 miles away can have such a ruinous effect on peoples lives.
#3 Nevada
A Las Vegas business owner with 114
employees fired 22 workers today, apparently as a direct result of
President Obama’s re-election.
“David” (he asked to remain anonymous for
obvious reasons) told Host Kevin Wall on 100.5 KXNT that “elections
have consequences” and that “at the end of the day, I need to survive.”
Here’s an excerpt from the interview. Click the audio tab below to hear even more from this compelling conversation:
“I’ve done my share of educating my
employees. I never tell them which way to vote. I believe in the free
system we have, I believe in the right to choose who they want to be
president, but I did explain as a business owner that I have always put
my employees first. I always made sure that when I went without a
paycheck that made sure they were paid. And I explained that I
always put them first and unfortunately I’m at a point where I’m being
forced to have to worry about me and my family now and a business that I
built from just me to 114 employees.
#4 Posted below is a list of layoff headlines from the past few days that was posted on AmericanThinker.com…
Obama was “fired up” and so were the
voters, and so now, the mass firings begin. Here’s a collection of
today’s headlines. Please say a prayer for the families who will be
suffering. Had Romney won, many of these companies would now be hiring.
- Teco Coal officials announce layoffs
- Momentive Inc plans temporary layoffs for 150
- Wilkes-Barre officials to announce mandatory layoffs
- 600 layoffs at Groupon
- More layoffs announced at Aniston Weapons Incinerator
- Murray Energy confirms 150 layoffs at 3 subsidiaries
- 130 laid off in Minnesota dairy plant closure
- Stanford brake plant to lay off 75
- Turbocare, Oce to lay off more than 220 workers
- ATI plans to lay off 172 workers in North Richland Hills
- SpaceX claims its first victims as Rocketdyne lays off 100
- Providence Journal lays off 23 full-time employees
- CVPH lays off 17
- New Energy lays off 40 employees
- 102 Utah miners laid off because of ‘war on coal’, company says
- US Cellular drops Chicago, cuts 640 jobs
- Career Education to cut 900 jobs, close 23 campuses
- Vestas to cut 3,000 more jobs
- First Energy to cut 400 jobs by 2016
- Mine owner blames Obama for layoffs (54 fired last night)
- Canceled program costs 115 jobs at Ohio air base
- AMD trims Austin workforce – 400 jobs slashed
- 100 workers lose jobs as Caterpillar closes plant in Minnesota
- Exide to lay off 150 workers
- TE Connectivity to close Guilford plant, lay off 620
- More Layoffs for Major Wind Company (3,000 jobs cut)
- Cigna to lay off 1,300 workers worldwide
- Ameridose to lay off hundreds of workers
#5 According to the Blaze, the following major corporations have all announced layoffs in just the past two days…
- Energizer
- Exide Technologies
- Westinghouse
- Research in Motion Limited
- Lightyear Network Solutions
- Providence Journal
- Hawker Beechcraft
- Boeing (30% of their management staff)
- CVPH Medical Center
- US Cellular
- Momentive Performance Materials
- Rocketdyne
- Brake Parts
- Vestas Wind Systems
- Husqvarna
- Center for Hospice New York
- Bristol-Meyers
- OCE North America
- Darden Restaurants
- West Ridge Mine
- United Blood Services Gulf
You can get the rest of the details right here.
#6 The following is a list of companies that will be laying off workers just because of Obamacare that was compiled by FreedomWorks…
Dana Holding Corp.
As recently as a week ago, a global auto
parts manufacturing company in Ohio known as Dana Holding Corp., warned
their employees of potential layoffs, citing “$24 million over the next
six years in additional U.S. health care expenses”. After laying off
several white collar staffers, company insiders have
hinted at more to come. The company will have to cover the additional
$24 million cost somehow, which will likely equate to numerous cuts in
their current workforce of 25,500 worldwide.
[i]Stryker
One of the biggest medical device
manufacturers in the world, Stryker will close their facility in Orchard
Park, New York, eliminating 96 jobs in December. Worse, they plan on
countering the medical device tax in Obamacare by slashing 5% of theirglobal workforce - an estimated 1,170 positions.
Boston Scientific
In October of 2009, Boston Scientific CEO Ray Elliott, warned that proposed
taxes in the health care reform bill could “lead to significant job
losses” for his company. Nearly two years later, Elliott announced that
the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas – to China.
Medtronic
In March of 2010, medical device maker Medtronic warned that Obamacare taxes could result in a reduction of precisely 1,000 jobs. That plan became reality when the company cut 500 positions over the summer, with another 500 set for the end of 2013.
Others
A short list of other companies facing future layoffs at the hands of Obamacare:
- Smith & Nephew – 770 layoffs
- Abbott Labs – 700 layoffs
- Covidien – 595 layoffs
- Kinetic Concepts – 427 layoffs
- St. Jude Medical – 300 layoffs
- Hill Rom – 200 layoffs
A lot of other businesses are going to
reduce the number of employees they have or reduce the average work week
in order to avoid the Obamacare insurance coverage mandate that will
soon be implemented.
This is how CNSNews.com describes the choice that many employers will be facing…
That section, known as the employer mandate, requires any
business with 50 or more full-time employees to provide at least the
minimum level of government-defined health coverage to those employees.
In other words, a business must provide insurance if it has 50 or more employees working an average of just 30 hours per week, which is 10 hours per week fewer than the traditional 40-hour work week.
Thus, by cutting employees’ hours to
ensure they average less than the 30 per week, employers could
potentially avoid the cost of providing the minimum insurance levels
mandated by Obamacare.
So if your company trims the number of workers to just under 50 or
starts going to “29 hour work weeks”, then you will know who to blame.
All of this is complete and utter insanity. We are committing national economic suicide.
But perhaps we deserve this. After all, Americans willingly chose
their leaders on election day. It is getting harder and harder to deny
that our politicians are truly a reflection of who we are as a nation.
The American people chose this path, and now we get to see where it leads us.
Thanks to: http://shiftfrequency.com
