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.
- Microsoft/Google/IBM and other Rumors/NewsGeneral Economic News
– Microsoft will offer 30,000 vouchers for free software training to help people in Washington get learn how to use Microsoft software.
– 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.
– 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.
– 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.
TABLE-US chain store sales rise 0.8 pct last week-ICSC
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.
– 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.
– 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.
– 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.
– The Bridgewater-Raynham Regional School Committee unanimously approved a budget Monday night that will result in 66 pink slips being issued June 15.
– 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.
– 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.
– 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.
– 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.
– 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.
– 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.
– 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.
– 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.
– 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.
-The Homac Cos., which manufactures electrical connectors at two Ormond Beach plants, plans to lay off another 54 workers by June 5.
– 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.
– 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.
– 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.
– 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.
– 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.
– 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.
– 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.
– SHAWNEE — Superior Fibers LLC in Shawnee went into a “curtailment” with about 40 employees losing their jobs.
– April 14 (Reuters) – Telecom equipment maker Soapstone Networks Inc (SOAP.O) said it is slashing about 40 percent of its workforce to cut expenses.
– 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.
– Qantas will cut 500 managers and may axe 1250 other staff as its profits come under pressure from the financial crisis.
– 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.
– 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.
– 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.
– 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.
– 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.
– LIHIR Gold has announced 200 job cuts at its Ballarat mining operation.
– 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.
– 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.
– Says to cut 200 jobs in its korean subsidiary -filing
– 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.
– 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.
– 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.
– 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.
– 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………………..
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