file photo Ridgewood Store Closing
Layoff bomb detonates; Large corporations join small businesses in announcing mass cuts
Posted at 7:14 pm on November 8, 2012 by Twitchy Staff
Earlier today, Twitchy related some heartbreaking stories of small business owners laying off workers to avoid the economic impact of the Obamacare tax that isn’t a tax. Comedian Jon Lovitz, a small business owner himself, was no barrel of laughs either as his timeline filled with stories of impending downsizing. So, what about those big corporations? Boeing’s defense division announced yesterday it would cut 30 percent of management staff, and the company was not alone, we’re learning.
45 companies announce layoff’s in the past 48 hours! This is what the people wanted! The people have spoken!
IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS: Westinghouse, Research in Motion, Boeing, US Cellular, Commerzbank, Iberia, ING, (cont) IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS (cont): Ericsson, Bristol-Myers, corning, Boston Scientific, Abbott Labs, St. Jude, (cont)IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS (cont): Caterpillar, CVPH Medical Center, Lightyear Haqwker Beechcraft, Hawker Beechcraft
Bristol-Myers To Cut Nearly 500 Jobs j.mp/PHK5n8
Research in Motion lays off workers at US HQ in TX bit.ly/WDjrjp
Groupon lays off 80 sales employees chicagotribune.com/business/break…
Announced November 7th ,Flatotel in NYC is closing in February
Hawker Beechcraft closing facilites, laying off more than 400 employees in Arkansas, AZ & TX. bit.ly/T5y1dw
Boeing has announced plans to cut $1.6 billion of costs in its defense divis… bit.ly/TbJLuY
Energizer Holdings to lay off 1,500, close 3 plants bizjournals.com/stlouis