Archive for April 14th, 2009

April 14 – BFGoodrich closing plant that employs 1,000 – Qantas Air to cut 1750 – 500 to go: Discover Financial – Hallmark sends bad news to 550-750 – Deere to chop 200 more

Mike: Hello to all and thanks for visiting. The Layoff List this Tuesday. A busy Tuesday afternoon for layoffs and economic reports. 
Mike: While the following story (Nurse called out of surgery and laid off) is one of those sensational stories that the news media loves to blast, it is amazing that the person who laid off the nurse wasn’t laid off! The nurse was likely qualified to do her job, but the bozo that pulled her from surgery sure isn’t qualified to do their job. It’s another one of those instances where the productive worker gets laid off while the clueless remain on the job. After all, the clueless aren’t about to lay off the clueless, since the clueless pose no threat to their positions.  
The conversation may have gone like this:
Clueless Manager: Opens operating room door and demands “Doctor, have Nurse Jones come out into the hall immediately, so I can give her some information.” Doctor: We’re just about to stitch this guy up, so can’t that information wait until the surgery is completed? Clueless Manager: No, I’m sorry, doctor, but this is vital information that can’t wait until your patient is stitched back together. Send her out here now, or I’ll have you written up for insubordination!. Doctor: Nurse Jones, stop looking at this guy’s vital signs. No, don’t worry about the intravenous tubes, just get out into the hall and see what Clueless Manager wants. Clueless Manager: Nurse, I have to tell you that you are laid off. Sorry I had to tell you now, but I need to go to lunch and I didn’t have time to wait for you to finish your surgery shift. Thank you. Goodbye. Oh, by the way, I’m going to Guido’s Italian for lunch. Is their veal french better than their chicken parm?

MADISON, Wis. – A Dean Health System nurse was called out of surgery so a manager could tell her she was being laid off.

Dean Health says the surgery was minor and the patient wasn’t affected, but the manager who summoned the nurse from surgery violated medical protocol.

via Nurse called out of surgery and laid off –– chicagotribune.com.

 

 

 

Marshall Ramsey - Apr 14

Marshall Ramsey - Apr 14

 

* Larger layoff announcements and important economic reports:
US/Canada
International:
     

 

                         

Microsoft/Google/IBM and other Rumors & News

 

msft3– Microsoft will offer 30,000 vouchers for free software training to help people in Washington get learn how to use Microsoft software.

General Economic News

 

– President Barack Obama on Tuesday told Americans to brace for “more job loss, more foreclosures, and more pain” in 2009, saying the recession isn’t over yet despite some early promise from the government’s massive spending on bailouts and economic stimulus.

 

– WASHINGTON (Reuters) – Confidence among U.S. small businesses was stuck at 35-year lows in March, with employers stepping up layoffs even as the recession-hit economy shows some signs of improving, according to a survey.

The National Federation of Independent Business (NFIB) said in a survey released on Tuesday that its index of small business optimism fell 1.6 points to 81.0 from February, the second-lowest reading in the organization’s 35-year history.

via Small business sentiment stays gloomy in March – Yahoo! Finance.

 

– The employees left the 370-strong division because they were fed up with being the target of popular anger. In some cases, children were harassed and clubs asked AIG staff to leave, according to the boss of the financial products arm, Gerry Pasciucco. “It doesn’t surprise me that some senior people said ‘you know what, I’ve had enough’,” said Pasciucco in an interview with the Wall Street Journal.

via Bonus backlash drives AIG staff out of jobs | Business | guardian.co.uk .

 

 

Tom Toles - Apr 14

Tom Toles - Apr 14

 

 – Using that methodology, Citigroup Inc CEO Vikram Pandit made $38 million in 2008, compared with the roughly $11 million reported in the company’s compensation section in U.S. Securities and Exchange Commission filings.

Citigroup collected $45 billion in government bailout funds in 2008.

via More CEOs got pay hikes than cuts in ’08 – Yahoo! Finance.

 

_________________________________________________________________________________________________________

 

TABLE-US chain store sales rise 0.8 pct last week-ICSC

via TABLE-US chain store sales rise 0.8 pct last week-ICSC | Reuters .

 

Producer Price Index,  Retail Sales:   April 14 (Bloomberg) — Retail sales in the U.S. unexpectedly dropped in March for the first time in three months, raising concern the biggest part of the economy may falter once again heading into the second quarter.
– WASHINGTON (AP) — Businesses slashed their inventories for a sixth straight month in February as they tried to cope with a steep recession.

The Commerce Department said Tuesday that business inventories dropped 1.3 percent in February, matching the January decline and close to the 1.2 percent fall that economists had expected.

via The Associated Press: Business inventories fall 1.3 percent in February.

 

Government Layoff News

 

– Mayor Alvin Parks Jr. said Monday the city must cut 20 to 23 jobs as part of an effort to address a $2 million deficit.

via East St. Louis must cut up to 23 jobs – Metro-east news – Belleville News-Democrat.

 

– MANATEE COUNTY – About 75 one-year contract teachers and teaching assistants will be looking for work this summer because their contracts were not renewed by the Manatee County School District.

via Manatee to cut 75 teaching jobs | HeraldTribune.com | Sarasota Florida | Southwest Florida’s Information Leader.

 

– BLOOMINGTON – Bloomington’s budget is approved with a 6 to 3 vote, but with the approval comes job cuts for city workers. Bloomington City Manager David Hales says 40 to 60 city workers will be laid off in order to help balance the budget.

via Bloomington Passes Budget, Cuts Jobs.

 

– The Bridgewater-Raynham Regional School Committee unanimously approved a budget Monday night that will result in 66 pink slips being issued June 15.

via Bridgewater-Raynham regional school budget approved; 66 staffers to be laid off – Brockton, MA – The Enterprise.

 

– The college cut will 70 jobs, phase out its nursing program over several years and suspend admissions to several graduate education courses in the coming semester to make up for a $6 million budget shortfall under the state’s new budget.

via SUNY to cut jobs, programs – recordonline.com – The Times Herald Record.

 

– Administrators say the district will have to eliminate more than 200 teachers, custodians and campus supervisors in order to offset a 15-million dollar budget deficit.

 

US and some Canada Layoff News

 

– Michelin North America said Monday it will permanently close its BFGoodrich Tire plant in east Alabama because of declining demand, a move that will cost about 1,000 jobs.

via BFGoodrich closing Ala. plant that employs 1,000 – Forbes.com.

 

discover-financial– NEW YORK (Reuters) – Discover Financial Services (DFS.N), the fourth-largest U.S. credit card network, will cut 500 jobs, or 4 percent of its workforce, in May, hurt by mounting credit losses, the company said on Tuesday.

via Discover Financial to cut 500 jobs in May | Reuters .

 

hallmark– KANSAS CITY, Mo. (AP) — Hallmark Cards Inc. on Tuesday said it will cut its U.S. work force by up to 8 percent as the nation’s largest greeting card-maker struggles with falling sales.

The Kansas City-based company told employees it will lay off between 550 and 750 of its 9,200 full-time U.S. employees over the next six months.

via Hallmark cutting up to 8 percent of US work force – Yahoo! Finance.

 

– Ply Gem Industries said it will shutter most operations at its Kearney, Mo., vinyl siding plant, eliminating 146 jobs by early June.

 

– – MARION — Tegrant Corp., a manufacturing plant that employs about 50 people will close, said Al Herold, operations manager.

via Marion Tegrant plant to close | marionstar.com | The Marion Star.

 

– The plant now employs only 38 production workers. But as Zollner Piston, the company employed more than 1,200 in its heyday and was the namesake of the Fort Wayne Pistons basketball team that later became the Detroit Pistons.

via .End of an era: Piston plant closing

 

hockey– About 20 people were laid off by Lightning owner OK Hockey, including Matt Hitchcock, who played ThunderBug. That brings the number of layoffs this year to about 27. Not hugely surprising given the state of the economy, but noteworthy nonetheless.

via Some layoffs at OK Hockey, including ThunderBug .

 

– As part of a widespread and deep cost-cutting effort, ArvinMeritor Inc. laid off 250 people in February and March, including 100 at the company’s light-vehicle business.

via Business briefs: ArvinMeritor cuts 250 jobs | Freep.com | Detroit Free Press.

 

-The Homac Cos., which manufactures electrical connectors at two Ormond Beach plants, plans to lay off another 54 workers by June 5.

via Business & Technology – newsjournalonline.com.

 

– Brenda Stenta, Essar Steel Algoma Inc.’s manager of corporate communications, says the number of employees on indefinite layoff, as of Sunday, had reached 600 — an increase of about 100 layoffs from the previous week.

via 100 more laid off at Essar – The Sault Star – Ontario, CA .

 

deere2– MOLINE, Ill. (AP) — Deere & Co. plans to combine its agricultural equipment division and its commercial and consumer equipment unit, resulting in the elimination of about 200 salaried jobs.

via The Associated Press: Deere to combine divisions, cut 200 jobs.

 

– A subsidiary of Gardner Denver Inc., a manufacturer of industrial equipment, will consolidate one of its divisions in Monroe, a move that will quadruple the number of jobs the company has in the Louisiana city.

via Gardner Denver subsidiary to consolidate work in Monroe – New Orleans Local & Small Business News – NOLA.com .

 

– Canada-based Quebecor World Inc. has notified state officials that the commercial printing company is closing its Memphis facility and as many as 111 workers will lose their jobs. The facility is at 828 E. Holmes Road.

via Memphis Daily News – Quebecor to Slash Up to 111 Jobs .

 

– The privately owned firm, which says it has about $100 million in annual revenue, eliminated 50 of the company’s 350 jobs. The laid-off workers were primarily in marketing, said Mike Hoch, vice president for marketing.

via Xiotech lays off 50 people as recession slows business.

 

newspaper9– The implosion of one of America’s leading regional dailies continued Monday with the revelation that The Chicago Tribune will cut its newsroom staff by 20%, or roughly 90 employees, over the next couple of weeks.

via MediaPost Publications ‘Chicago Tribune’ To Cut 20% Of Newsroom 04/14/2009.

 

hospital6– North Country Health Services announced it will extend wage reductions to its approximately 170 non-union staff members. These individuals will receive a 4 percent cut in pay effective early May 2009.

via North Country Health Services extending pay cuts to Additional Staff |  Bemidji Pioneer  | Bemidji, Minnesota .

 

– SHAWNEE — Superior Fibers LLC in Shawnee went into a “curtailment” with about 40 employees losing their jobs.

via Superior Fibers closes in Shawnee; 40 lose jobs | zanesvilletimesrecorder.com | Zanesville Times Recorder.

 

soapstone-networks– April 14 (Reuters) – Telecom equipment maker Soapstone Networks Inc (SOAP.O) said it is slashing about 40 percent of its workforce to cut expenses.

via UPDATE 1-Soapstone Networks cuts 40 pct of jobs | Industries | Technology, Media & Telecommunications | Reuters .

 

– Raven Industries, Inc. (RAVN: News ) said on Tuesday that over the past two weeks, it has reduced staffing levels by 29 employees in its Applied Technology Division, located in Sioux Falls. This cut represents 4% of the company’s Sioux Falls employee base and 3% of its total base.

 

International Layoff News

 

qantas1– Qantas will cut 500 managers and may axe 1250 other staff as its profits come under pressure from the financial crisis.

 

qantas– TOKYO (MarketWatch) — Qantas Airways said Tuesday it is cutting its fiscal 2009 earnings expectation by as much as 80% and plans to lower its flying capacity, reduce spending and eliminate up to 1,750 jobs in response to a major slump across the air travel industry.

via Qantas slashes profit estimate, plans mass job cuts – MarketWatch .

 

ubs2– SINGAPORE (AFP) — Switzerland’s biggest bank UBS said that 240 jobs will be cut from its wealth management division in the Asia-Pacific region as part of a cost reduction exercise.

via AFP: UBS to cut 240 jobs in Asia-Pacific: bank

 

– SOUTH Africa’s largest textile and clothing group, Seardel, has announced what could be only the first round of retrenchments at the company, which will leave 1400 workers without jobs.

 

– April 14 (Reuters) – Philippines-focused nickel miner Toledo Mining Corp Plc (TMC.L) said on Tuesday it stopped all capital expenditure beyond necessary maintenance during the quarter ended March 31 and cut more than 600 jobs at its Berong nickel mine.

via UPDATE 1-Toledo Mining reduces capex; cuts jobs at Berong mine | Industries | Industrials, Materials & Utilities | Reuters .

 

– Finnish wood-processing group UPM-Kymmene said in a statement Tuesday it had decided to end plywood processing operations at its Lahti mill in southern Finland with the loss of some 110 jobs.

via NewsRoom Finland.

 

renishaw– Some 440 jobs are being cut worldwide by Gloucestershire-based engineering group Renishaw, it has been announced.

 

– April 14 (Bloomberg) — Qimonda AG’s Portuguese unit, which last month filed a declaration of insolvency, said it’s reducing its workforce to 1,000 and suspending the contracts of 800 of the remaining employees for six months.

via Qimonda Portugal to Lay Off 800 Workers, Cut Temporary Jobs – Bloomberg.com .

 

– LIHIR Gold has announced 200 job cuts at its Ballarat mining operation.

via 200 jobs go at Lihir Gold – Local News – News – General – The Courier .

 

– HELSINKI, April 14 (Reuters) – Finnish papermaker UPM-Kymmene (UPM1V.HE) said on Tuesday it would cut 110 jobs and temporarily lay off 320 more staff due to “further weakened” plywood market conditions.

via UPM to says to cut Finnish plywood jobs | Global Industries | Autos & Transport | Reuters .

 

– General manager Sam Lee said rumours Snow Park, in the Cardrona Valley near Wanaka, would not open this season were false, but the business would be scaled back after visitor numbers dropped 30 per cent last season.

 

Hiring News and News You Can Use

 

– DRS Technical Services will receive approximately $1.2 million in state grants if the defense contractor is able to create 100 new jobs in Pasquotank County and then keep them for nine years, state officials announced Monday.

via DRS to create 100 jobs, get $1M – News | DailyAdvance.com .

 

– The Arizona Department of Transportation reported that all 41 state highway projects paid for with money from President Barack Obama’s stimulus package will generate an estimated 6,020 jobs. The five projects in Maricopa County will generate 2,180 direct jobs, ADOT says.

via Stimulus construction jobs coming, but slowly.

 

– LANSING, Mich. (WXYZ) – New tax credits for battery makers have brought four companies to Michigan, with a combined investment of more than $1.7 billion.

Four projects have been approved by the Michigan Economic Growth Authority. One is contingent on another tax credit being passed by Michigan’s Legislature. Those projects will create more than 6,600 jobs in the state. The batteries produced will be used in next generation electric and hybrid vehicles.

via Battery Tax Credits Bring 6,600 Jobs to MI || WXYZ.com | WXYZ-TV / Detroit | Detroit News, Weather, Sports and More .

 

– In preparation for its peak season, which generally runs from Memorial Day Weekend through Labor Day Weekend, Sunriver Resort is planning to hire as many as 250 seasonal employees and has eliminated the international hiring program it relied on to fill as many as 85 seasonal jobs a year since 2006.

via KTVZ.com Central Oregons News, Weather and Sports Leader – Sunriver Resort to hire up to 250 seasonal workers.

 

– HOLLAND – Johnson Controls, the Holland area’s largest employer, will invest $220-million in a new lithium ion battery facility here, bringing 500 new jobs. The plant should be open in 18 to 24 months, pending state and federal approvals.

 

Mike: The layoff announcements picked up in the afternoon. I hope you allhave a good evening. Till Wednesday………………..

 

Vodpod videos no longer available.

more about “The Word – Morally Bankrupt | April 7…“, posted with vodpod

 

 

 

Dilbert - Apr 13

Dilbert - Apr 13

 

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