Minneapolis based Medtronic, the world’s largest medical technology company, is laying off 2000 workers. This follows an early round of job cuts in 2009, when the company let go of 1800 employees, and according to company officials there may be more cuts to follow. The company employees 41,000 people. Medtronic has not settled on a [...]
Continue reading...24. February 2011
Blue Heron Paper, a paper recycling and manufacturing company in Oregon City, Oregon, announced on Wednesday that is was shutting its doors for good. Citing rising costs due to cheap paper from China and falling profits, the company posted a press release and issued WARN notices to its employees on Wednesday. Blue Heron Paper has [...]
Continue reading...24. February 2011
In 2005 the Pentagon recommended the closure of Fort Monmouth in New Jersey and the relocation of its mission to Aberdeen, Maryland. Congress and the President signed off on the closure. At the time, it was estimated that the closure would cost over 9,000 jobs and save the taxpayers $1 Billion in the long run. [...]
Continue reading...23. February 2011
Heartland Catfish, based in Itta Bena, Mississippi, will experience temporary layoffs and reduced hours throughout the first half of 2011. The layoffs and reduced hours will affect workers at plants in Mississippi and Alabama. According to Danny Walker, the CEO of Heartland, the entire industry is being faced with a shortage of catfish. He added [...]
Continue reading...23. February 2011
TMSI Logistics is closing a distribution center in Mascot, Tennessee, after GE ended its contract with the company. According to TMSI, GE canceled the contract due to transportation costs and service time reduction to its customers. The closure of the facility will lead to layoffs for 200 employees. TMSI has operated the facility as a [...]
Continue reading...23. February 2011
Marshall & Ilsley, a Milwaukee based financial services corporation, announced that it cutting 143 positions. According to the bank, the decision is unrelated to the pending acquisition of the company by Bank of Montreal. The cuts will cover a wide array of positions, from internal support to management level jobs. The company says that employees [...]
Continue reading...22. February 2011
The San Diego Unified School District is planning to cut a little over 900 full time positions for next year in response to a $120 million budget deficit. Many of those positions are actually shared by multiple part time employees so the total number of layoffs will exceed the number of positions being cut. Most [...]
Continue reading...22. February 2011
ConAgra is laying off 230 workers at a Slim Jim plant in North Carolina as the company prepares to close the plant and shift the jobs to an existing facility in Ohio. The plant was damaged in an explosion in 2009 that killed four people and caused extensive structural damage. 750 people worked at the [...]
Continue reading...21. February 2011
As protests continue in Wisconsin over proposed legislation to strip state employees of collective bargaining rights, Governor Scott Walker told Fox News that the alternative is as many as 12,000 layoffs. Large scale protests continue in Wisconsin, with counter protests driven by the Tea Party Patriots have begun causing tension in the capitol. Republicans control [...]
Continue reading...21. February 2011
Like most municipalities struggling to recover from the recession, Memphis is facing a budgetary crisis. In this particular case the crisis takes on a unique flavor thanks to an ongoing battle over $55 million dollars between the city and the local school district. After the city cut $57 million from the funding it provides to [...]
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24. February 2011
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