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Foward: Layoffs

BRU

Mayor
Boeingannounced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.

http://www.cnbc.com/id/49729998/

A letter sent by Hawker Beechcraft to its employees Wednesday informed them that the company would be cutting workers and closing specific facilities, resulting in job losses for more than 400 employees. Hawker Beechcraft Services facilities in Little Rock, Ark., Mesa, Ariz., and San Antonio, Texas, will "begin the process of closing," shedding some 240 jobs in the process. Hawker Beechcraft Corporation in Wichita, Kan., and Little Rock, Ark., will lose an additional 170 people to the cuts. Workers will begin receiving notices this Friday, Nov. 9. Some will be "required to work during all or some of the 60-day Worker Adjustment and Retraining Notice (WARN) period based on business needs," according to the letter.

http://www.avweb.com/avwebflash/news/hawker_beechcraft_layoff_207658-1.html


A day after Barack Obama earned a second term in the White House, Papa John's founder and CEO John Schnatter said the president's signature health-care reform law would increase his business costs and possibly result in employees' hours being cut.

http://www.naplesnews.com/news/2012/nov/07/papa-johns-ceo-obamacare-likely-to-raise-costs/



NEW YORK — Wall Street is again losing jobs because of global economic woes, threatening tax revenue for a city and state heavily reliant on the financial industry, New York state Comptroller Thomas DiNapoli said Tuesday.
After adding 9,900 jobs between January 2010 and this April, the industry shed 4,100 jobs through August and could lose nearly 10,000 more by the end of 2012, DiNapoli said. That would bring the total industry loss to 32,000 positions since the economic crisis of 2008. The sector employed 166,600 people in investment banks, securities trading firms and hedge funds as of August.

http://www.huffingtonpost.com/2011/...s-layoffs-new-york-comptroller_n_1005175.html


CHARLESTON, W.Va. (AP) — Consol Energy told 145 workers in southern West Virginia on Tuesday that it will start laying them off in late December because of a dispute over permits for surface mining related to the King Coal Highway project

Read more: http://www.sfgate.com/business/ener...over-permit-impasse-3994195.php#ixzz2Bj2GSTHm


More Here http://www.bls.gov/mls/
 
All this "decided" in a 72 hour period....

Amazing, tell me, do you know how long it takes to restructure a corporation or even a satellite op like Boeing is doing?

it's not 72 hours, that you can be assured of

Regards
Pace
 
Boeing has nothing to do with Obama, you should really study it, Bru, it has more to do with AirBus.

Regards
Pace
 
Boeingannounced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.

http://www.cnbc.com/id/49729998/

A letter sent by Hawker Beechcraft to its employees Wednesday informed them that the company would be cutting workers and closing specific facilities, resulting in job losses for more than 400 employees. Hawker Beechcraft Services facilities in Little Rock, Ark., Mesa, Ariz., and San Antonio, Texas, will "begin the process of closing," shedding some 240 jobs in the process. Hawker Beechcraft Corporation in Wichita, Kan., and Little Rock, Ark., will lose an additional 170 people to the cuts. Workers will begin receiving notices this Friday, Nov. 9. Some will be "required to work during all or some of the 60-day Worker Adjustment and Retraining Notice (WARN) period based on business needs," according to the letter.

http://www.avweb.com/avwebflash/news/hawker_beechcraft_layoff_207658-1.html


A day after Barack Obama earned a second term in the White House, Papa John's founder and CEO John Schnatter said the president's signature health-care reform law would increase his business costs and possibly result in employees' hours being cut.

http://www.naplesnews.com/news/2012/nov/07/papa-johns-ceo-obamacare-likely-to-raise-costs/



NEW YORK — Wall Street is again losing jobs because of global economic woes, threatening tax revenue for a city and state heavily reliant on the financial industry, New York state Comptroller Thomas DiNapoli said Tuesday.
After adding 9,900 jobs between January 2010 and this April, the industry shed 4,100 jobs through August and could lose nearly 10,000 more by the end of 2012, DiNapoli said. That would bring the total industry loss to 32,000 positions since the economic crisis of 2008. The sector employed 166,600 people in investment banks, securities trading firms and hedge funds as of August.

http://www.huffingtonpost.com/2011/...s-layoffs-new-york-comptroller_n_1005175.html


CHARLESTON, W.Va. (AP) — Consol Energy told 145 workers in southern West Virginia on Tuesday that it will start laying them off in late December because of a dispute over permits for surface mining related to the King Coal Highway project

Read more: http://www.sfgate.com/business/ener...over-permit-impasse-3994195.php#ixzz2Bj2GSTHm


More Here http://www.bls.gov/mls/

Screw Papa John and his crap pizza.

Swear to God he's one of the most disgusting men alive. He gives away millions of pizzas, the current ad is touting 2 million....he discounts his pizzas like mad (50% off if the baseball team scores 5)...but he can't take care of his employees for 20 cents per pie.

Screw him.
 
Rick in true Obama fashion he gave them a waiver to not give notice until after the election.

Politics: An administration that doesn't want layoff notices required by law going out days before the November election is telling defense contractors they don't have to send them for the cuts required by sequestration.
As the heads of major defense contractors Lockheed Martin, EADS North America, Pratt & Whitney and Williams-Pyro testified recently before the House Armed Services Committee, they are bound by law to give employees 60 days' notice if their jobs are going to be terminated as a result of sequestration cuts scheduled for Jan. 2.


Read More At IBD: http://news.investors.com/ibd-edito...ps-defense-contractors-told.htm#ixzz2Bj8HBBf7
 
I was gonna say, this probably won't just stop with Boeing.

But I see you've already taken care of that.

:)

or rather,
:(
 
has to do with Technological roadmaps Bru, you could try to keep up here.
 
Spare us k Pace? It has everything to do with Obama...that's why he asked them to keep quiet until after the election. He's a slimy SOB

Politics: An administration that doesn't want layoff notices required by law going out days before the November election is telling defense contractors they don't have to send them for the cuts required by sequestration.
As the heads of major defense contractors Lockheed Martin, EADS North America, Pratt & Whitney and Williams-Pyro testified recently before the House Armed Services Committee, they are bound by law to give employees 60 days' notice if their jobs are going to be terminated as a result of sequestration cuts scheduled for Jan. 2.


Read More At IBD: http://news.investors.com/ibd-editor...#ixzz2Bj8HBBf7
 
Nice cherry pick Craig ;)

Papa John harvests bitter cherries. I notice you didn't try to support him in the slightest.

My comment had no cherries in it. Papa John has been making this noise for quite some time. Papa John is tremendously wealthy...

The 20 cent per pie cost is meaningless for anything other than Papa John's bashing of Obama.
 
Oh but Dino, the private sector is doing fine

Extended mass layoff numbers (issued quarterly) are from a subset of such establishments—where private sector nonfarm employers indicate that 50 or more workers were separated from their jobs for at least 31 days.
 
the people that depend on his jobs are not wealthy Craig.

As per usual for lefty troll (s) ....screw the rich [Unwelcome language removed]; who cares that they EMPLOY the people.
 
Uh, you need to dig a little deeper Bru, while I am amused by the conspiracy theory, it doesn't hold water, how about looking at when this all begin? do you know anything about aerospace or government contracting for that matter?


The sequestration cuts were given much consideration, and if you look deeper, you will find that the military itself was looking for these cuts,

And if Boeing's private sector was not scattered and un organized as it is today, as opposed to BF Goodrich, they wouldn't have to restructure,

Any industry that operates in the sense of a financial protection of their own health knows that.

And the vertical integration that Boeing has with the military is to their detriment; the standard model is to be never more than 40% of any company's customer base.

Once you hit 50%, a cold in the Pentagon, caused pneumonia in the major contractors.

Regards
Pace
 
the people that depend on his jobs are not wealthy Craig.

As per usual for lefty troll (s) ....screw the rich [Unwelcome language removed]; who cares that they EMPLOY the people.

First...I am not a troll.

Second. The workers are not wealthy. AND HAVE LITTLE OR NO HEALTH CARE. At 20 cents per pie, that problem is solved. The consumers can't be upset by 20cents if they are having a pizza delivered. So...as usual, you have it bassackwards.
 
just more of the same from right here... talk about Cherry picking. Anything to stir the pot. Would be nice for Repubs to say something positive for a change. This crowd has no clue.
 
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