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Old 11-10-2012, 07:08 PM   #1
SEE3772
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Default Massive List Of Post-Election Firings And Layoffs



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 Many were desperately holding out hope that Obamacare would be repealed so that they would not have to get rid of some of their employees.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 Utah American 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, Utah American 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 people’s 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:

"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 [I] 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.

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 their global 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.

Source: Press TV

---

Obama Slashes Four Hours Off Definition Of “Full-Time” Employment

Foodstamps Surge By Most In One Year To New All Time Record & Hourly Earnings Tumble To New All Time Lows

Argentina's Economic Collapse: Argentines Flood The Streets To Protest Against President Cristina Fernandez

Eight Charts All The Equity Bulls May Want To Take A Look At (Plus Some Recent Threads) The Working Group On Financial Markets Light Is On Shining In The Sky!
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Old 11-10-2012, 07:13 PM   #2
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The way I see it the main beneficiary of Obamacare are insurance companies. It didn't solve the cost problem at all. The real effect will be when we don't have enough doctors to cover all the additional people that the insurance companies will be taking on. Get ready to wait a few months to see whatever doctors are left.
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Old 11-10-2012, 07:21 PM   #3
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Originally Posted by icuminpeace View Post
The way I see it the main beneficiary of Obamacare are insurance companies. It didn't solve the cost problem at all. The real effect will be when we don't have enough doctors to cover all the additional people that the insurance companies will be taking on. Get ready to wait a few months to see whatever doctors are left.
My ex GF is an RN...
Some of my past clients are doctors.
Your right ICIP, I hear this from the source all the time.
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Old 11-10-2012, 11:01 PM   #4
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Interstate Bakeries in Lenexa, KS (also known as Wonderbread) is laying off many of their employees because of union difficulties stretching back years.
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Old 11-10-2012, 11:02 PM   #5
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I've got doctors and other health professionals in my family. They all report the same thing. Lots of doctors are getting out while they can.
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Old 11-10-2012, 11:55 PM   #6
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This is what the majority voted for, and their government handouts.
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Old 11-11-2012, 01:46 AM   #7
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Quote:
Originally Posted by SEE3772 View Post
My ex GF is an RN...
Some of my past clients are doctors.
Your right ICIP, I hear this from the source all the time.
Must be cosmetic dermatologists"

For a change SEE, you are way off base!
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Old 11-11-2012, 02:31 AM   #8
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Originally Posted by Yssup Rider View Post
Must be cosmetic dermatologists"

For a change SEE, you are way off base!
http://www.doctorsandpatients.org/co...ent/article/81
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Old 11-11-2012, 07:38 AM   #9
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Architecture firm lays off employees as the main source of their business is designing hospitals, no new hospitals in the foreseeable future because of Obama-care.

What is it that one of those radio guys calls it....trickle up poverty.
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Old 11-11-2012, 07:47 AM   #10
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What is it that one of those radio guys calls it....trickle up poverty.
2Pups, I've been telling you for years that you really really need to quit listening to Rush.
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Old 11-11-2012, 08:02 AM   #11
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Exclamation Sky

So the sky is falling?

. . . I mean, again?


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Old 11-11-2012, 08:48 AM   #12
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Well, most of these employs are probably dead weight anyway, just being on the payroll to help stack billable hours onto cost plus jobs.

Many shops over employ to avoid having to pay overtime. The problem is, most of the "extras" end up costing you more in the long run.

A lot of that goes on in the Industry that I am associated with. It will go on for a while, then Companies will clean house.

This Country will continue to have a relative high unemploment rate untill we figure out a way to get Manufacturing Jobs back. That will be a tough nut to crack, because manufacturing has changed considerably in the past 15 years. The CAD-CAM revolution in the Machining Industries has practically eliminated what we used to call Journeyman Machinist. There are still pockets left, and these shops do quite well, but for overall large scale manufacturing and machining, the idea of a man actually "running" the machine is a thing of the past.

The same can be said for other industries. How many of you watch that Discovery Channel series on mega factories. They were touring one, a Automobile Manufacturer, and they marveled at all of those robots doing everything from hanging doors to painting the bodies. The problem, there weren't any human beings to be seen.

Service Industries can only offer up so much, and besides, these tend to be lower wage scale jobs.

One of the rude awakenings that many are beginning to understand is that there are only so many good paying jobs to go around in a Country with 300 million people.

I suppose we are caught up in that classic Catch-22. Consumers demand cheaper goods, but the only way that manufacturers can meet the price demand is to go where there is cheap labor. If I-Phones were actually produced here, what do you think it would cost per unit? That carries on to just about everything we purchase.

Many of us remember when Wal-Mart first was conceived, and ole Sam pledged that he would sell US Made products. The minute he died, that all ended. I doubt that 5 percent of anything sold in Wal-Mart is made in the USA. Most major retailers have followed suite.

It makes no difference whether a Television cost $300, or $3000. If you do not have a job, you can't afford it.

That is, unless you have a major political party that wins elections by saying you can have all you want and not to worry, because they will give it to you.

The problem with that is, where will they get the money?. We can borrow it, which is where we seem to be at the moment. But when the credit card is maxed out, you have to find it somewhere else. Any guesses where that is.

You got it. Just take more from those that do have a job.
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Old 11-11-2012, 10:32 AM   #13
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Originally Posted by SEE3772 View Post
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 Utah American 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, Utah American 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.
While the layoffs are real the reason why is totally bogus. The layoffs would have happened the same if Romeny had been elected. The coal industry is under stress from laws passed under Nixon, confirmed under Bush and implemented under Obama. Plus the nation is moving away from coal as an energy source and toward natural gas. While this makes a nice "sky is falling" story the reason why is totally different.
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Old 11-11-2012, 10:54 AM   #14
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So goes small business so goes the country. Domino effect.
Less middle class income, less purchasing, weak economy.

Rinse and repeat. Until the hair falls out.
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Old 11-11-2012, 11:05 AM   #15
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More on the Coal Industry from the New York Times:

...the regulations the industry finds objectionable, though, had their origins in a Republican administration. In 1990, President George Bush proposed and Congress approved sweeping revisions to the Clean Air Act, authorizing the E.P.A. to regulate emissions of mercury, arsenic and other toxic airborne chemicals. The agency determined in 2000 that it had the power to limit such emissions from power plants, but a weak rule issued under the second Bush administration was successfully challenged in court by environmental advocates.

The Obama administration, acting under court order, issued new standards in December that would require more emissions reductions by all but the top-performing plants.
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