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Obama's re-election already resulting in massive layoffs


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Showing 1-25 of 273 posts in this discussion
Initial post: Nov 9, 2012 2:40:33 PM PST
Within hours of President Obama's re-election, companies both large and small across the country began announcing major layoffs, along with store and plant closings.

The following is a list of only some of the companies that have announced layoffs since Tuesday's election:

-AGC Glass North America (cutting 70 jobs)

-Boeing (30 percent of management staff)

-Brake Parts (cutting 75 jobs)

-Bristol-Meyers-Squibb (cutting 480 jobs)

-CVPH Medical Center (cutting 17 jobs)

-Center For Hospice New York (cutting 40 jobs)

-Energizer (cutting 1,500 jobs)

-Exide Technologies (cutting 150 jobs)

-Hawker Beechcraft (cutting 240 jobs)

-Husqvarna (cutting 660 jobs)

-Lightyear Network Solutions (cutting more than a dozen jobs)

-Momentive Performance Materials (cutting 150 jobs)

-OCE North America (cutting 135 jobs)

-Providence Journal (cutting 23 jobs)

-Research In Motion (cutting 200 jobs)

-Rocketdyne (cutting 100 jobs)

-TE Connectivity (cutting 620 jobs)

-US Cellular (cutting 980 jobs)

-Vestas Wind Systems (cutting 3,000 jobs)

-Westinghouse (cutting 50 jobs)

Additionally, many companies will either greatly reduce or simply eliminate altogether, their full-time workforce, opting instead for part-time employees.

Darden Restaurants, for instance has just announced that they are "experimenting with limiting the hours of some of its workers to avoid health care requirements under the Affordable Care Act when they take effect in 2014," according to the Dallas Business Journal.
Apparently, they will reduce their employees' hours to only 28 per week, to avoid the Obamacare fine for not providing health insurance coverage to every employee working at least 30 hours per week.

K-Mart and Target stores have also announced the closings of several stores, resulting in hundreds of layoffs, and Caterpillar Inc. has just announced that they will shut down their plant in Owatonna, Minnesota.

Undoubtedly, these layoffs and closings are merely a hint of things to come as companies begin to deal prepare for the harsh realities of a second Obama term.

http://www.examiner.com/article/obama-s-re-election-already-resulting-massive-layoffs?cid=db_articles

HURRAY FOR OBAMACARE!

In reply to an earlier post on Nov 9, 2012 2:45:20 PM PST
MisterTee says:
I think it's great.

Posted on Nov 9, 2012 2:48:18 PM PST
Stay tuned.

In reply to an earlier post on Nov 9, 2012 2:52:07 PM PST
Good thing you added CVPH Medical Center with their 17 cut jobs to the list, I mean 17 lost jobs that's just unheard of isn't it?

Posted on Nov 9, 2012 2:52:50 PM PST
Last edited by the author on Nov 9, 2012 2:53:22 PM PST
Smallchief says:
Let's not forget the layoffs on Romney's campaign staff. 100 percent. Everybody.

I wonder if those losing their job got a briefing on how to apply for unemployment insurance. Reagan's staffers did in 1989. Ahh, socialism....we love it when we get a check in the mail.

In reply to an earlier post on Nov 9, 2012 3:15:44 PM PST
Truthseeker says:
Sore Losers!! You wish the worst for an America which rejected the Party of Rape and Self-Deportation.
Now who's talking about revenge?

In reply to an earlier post on Nov 9, 2012 3:17:15 PM PST
Last edited by the author on Nov 9, 2012 3:17:54 PM PST
Truthseeker says:
"Let's not forget the layoffs on Romney's campaign staff. 100 percent."

Yeah, and they shouldn't be entitled to any government help - no food stamps, no unemployment benefits, no Obamacare, no nothing. Romney can take care of them and go bankrupt!! Or better still, hopefully they will all self-deport to Newt's colony on the Moon.

In reply to an earlier post on Nov 9, 2012 3:23:38 PM PST
What made you so angry? I remember the days when you weren't a troll, what happened to you?

In reply to an earlier post on Nov 9, 2012 3:30:28 PM PST
[Customers don't think this post adds to the discussion. Show post anyway. Show all unhelpful posts.]

In reply to an earlier post on Nov 9, 2012 3:30:56 PM PST
Last edited by the author on Nov 9, 2012 3:31:29 PM PST
TucsonCoyote says:
If you follow the links your article provides only one says it has anything to do with Obama being reelected is Boeing because they anticipated defense spending cuts. And Boeing refuses to release a head count so if we're making stuff up let's says it's 5 manager that should have been fired years ago. I mean since we have no facts.

In reply to an earlier post on Nov 9, 2012 3:31:52 PM PST
Truthseeker says:
One word: Willard.

In reply to an earlier post on Nov 9, 2012 3:33:01 PM PST
Last edited by the author on Nov 9, 2012 3:33:33 PM PST
Truthseeker says:
It's sour grapes, and hatred of the country for having rejected the extreme politics of the Party of Rape and Self-Deportation.

In reply to an earlier post on Nov 9, 2012 3:33:29 PM PST
TOPICWAQ says:
That's 17 jobs...and if one of them was yours, you'd be singing a different tune, wouldn't you?

In reply to an earlier post on Nov 9, 2012 3:34:37 PM PST
Willard did this to you? My God, he really does have magic underwear.

In reply to an earlier post on Nov 9, 2012 3:35:39 PM PST
Seventeen jobs is nothing on a national scale. I wouldn't expect anyone here to make a big deal out of it if I lost my job, why should we make a big deal that these random 17 lost theirs? Its not going to effect who I vote for.

Posted on Nov 9, 2012 3:36:06 PM PST
OMG! It's starting....!!!

Like, my neighbor who owns a lawn care business just laid off ALL of his help because of that dang Obama!

Or he laid them off, because he it's getting cold...and he will hire them back next spring like he always does....

Naw, it must be that dang Obamacare!

In reply to an earlier post on Nov 9, 2012 3:37:26 PM PST
OBAMA!

In reply to an earlier post on Nov 9, 2012 3:39:42 PM PST
TOPICWAQ says:
Seventeen jobs is something to 17 Americans, correct? It's Always a big deal when someone loses their job. Unfortunate that you're so uncaring...but you're entitled to your opinion.

In reply to an earlier post on Nov 9, 2012 3:41:33 PM PST
[Deleted by Amazon on Jan 1, 2013 7:39:37 PM PST]

In reply to an earlier post on Nov 9, 2012 3:44:59 PM PST
Its not that I don't care, its just that I don't base my political views on the personal ups and downs of others.

In reply to an earlier post on Nov 9, 2012 3:48:37 PM PST
Last edited by the author on Nov 9, 2012 3:56:34 PM PST
ignatov says:
They're not very efficient entrepreneurs if they're basing their hiring decisions on who's in the White House. Good businessmen generally hire as many people as they need to make money.

In reply to an earlier post on Nov 9, 2012 3:54:01 PM PST
TOPICWAQ says:
[Customers don't think this post adds to the discussion. Show post anyway. Show all unhelpful posts.]

In reply to an earlier post on Nov 9, 2012 3:56:46 PM PST
Well yeah, that's wrong. People losing their jobs is always bad. But if you came to me tomorrow and said "17 jobs lost this month, how terrible, Obama sucks!" I'm not going to care all that much. As much as it sucks for those specific people, the country will move right along.

In reply to an earlier post on Nov 9, 2012 4:00:36 PM PST
TOPICWAQ says:
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Posted on Nov 9, 2012 4:01:25 PM PST
Of course, anyone with an iota of intelligence understands that the ACA will not be implemented until 2014, so it is highly unlikely that the layoffs are Obamacre related. This is just another right-wing spin.

For instance, if you read about Boeing, you'll see they fear the fiscal cliff, which most probably will not happen, and cut in defense spending. There is no mention of obamacare. Plus, if any layoffs, it'll be in the executive category.

"Boeing said its Defense, Space & Security unit should end up with 30% fewer executives at the end of 2012 versus 2010. The unit's CEO is Dennis Muilenburg and he said, "We are at one of the most challenging yet opportunity-rich times in our history. While funding for the U.S. Department of Defense is under extreme pressure, we're innovating and expanding our core, in the U.S. and around the globe, to sustain and grow our business."

Read more: Boeing Telegraphs Layoffs in Defense, Space & Security Unit - 24/7 Wall St. http://247wallst.com/2012/11/07/boeing-telegraphs-layoffs-in-defense-space-security-unit/#ixzz2BlyfdTyW
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Discussion in:  Politics forum
Participants:  55
Total posts:  273
Initial post:  Nov 9, 2012
Latest post:  Nov 15, 2012

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