Welcome To ObamaWorld: Large Number Of Companies Announce Layoffs Post Election

by William Teach | November 9, 2012 6:39 am

Quite a few companies are giving their position on the election outcome

(The Blaze[1]) Do elections have consequences? If you have been paying attention to the financial markets[2], you might think so. Wall Street has had two horrible days since President Obama won a second term.

However, stock prices are not the only thing taking a hit. It appears that the job market is also suffering. In the last 48 hours, the following major corporations have announced layoffs in America (links take you to news stories about the layoffs — with details from the companies):

Also mentioned is Darden Restaurants[22], which is going to limit workers to 28 hours a week to avoid ObamaCare requirements regarding full time workers.

The story also lists a large number of companies that announced that they are closing. And then we go to Daily Job Cuts[23] and find more (partial list)

We also get many more closings, including

And plenty more small companies.

Are all these a pure response to Obama’s re-election? Surely, no. There are layoffs and closings every day. But, this was a huge number post election, and those super evil rich people who provide the jobs are certainly highlighting the state of the economy and what they expect the economy to do in the future. They’re telling people they voted for lollipops and unicorns, they voted because they prefer likeability over competence and experience, they voted for more of the same and blamestorming over a proven track record of success. Quite a few companies are laying people off directly due to the ObamaCare tax that’s a penalty but a tax but a penalty. From Twitchy[38] we get

@charliekayecbs[39] @cbsnews[40] >>>OBAMA TO HIRE ROMNEY TO FIX ECONOMY<<<

— Michael Kent (@popparollo) November 8, 2012[41]

I’m offering a shiny new unicorn to any reporter who asks Obama about all the layoffs and closings. That is, if Obama deigns to take questions. Doubtful.

Crossed at Pirate’s Cove[42]. Follow me on Twitter @WilliamTeach[43].

Endnotes:
  1. The Blaze: http://www.theblaze.com/stories/how-many-businesses-have-announced-closings-or-lay-offs-since-obama-won-a-second-term/
  2. paying attention to the financial markets: http://www.theblaze.com/stories/market-recap-stocks-smashed-for-second-day-in-a-row/
  3. Energizer: http://www.kmov.com/home/Energizer-cutting-around-1500-employees-in-attempt-to-save-200-million-178007511.html
  4. Westinghouse: http://www.bizjournals.com/birmingham/morning_call/2012/11/workforce-at-anniston-weapons.html
  5. Research in Motion Limited: http://www.dallasnews.com/business/technology/headlines/20121107-research-in-motion-cuts-jobs-at-u.s.-headquarters-in-irving.ece
  6. Lightyear Network Solutions: http://www.wkyt.com/wymt/home/headlines/Company-lays-off-workers-in-Pikeville-177766221.html
  7. Providence Journal: http://news.providencejournal.com/business/2012/11/providence-journal-lays-off-23-full-time-employees.html
  8. Hawker Beechcraft: http://www.kwch.com/news/aviationwatch/kwch-kah-hawker-announces-more-layoffs-20121107,0,4377101.story
  9. Boeing (30% of their management staff): http://www.marketwatch.com/story/boeing-cutting-30-of-executives-at-defense-unit-2012-11-07
  10. CVPH Medical Center: http://pressrepublican.com/0100_news/x1499660097/CVPH-lays-off-17
  11. US Cellular: http://biztimes.com/article/20121107/CHICAGOLANDNEWS/121109864
  12. Momentive Performance Materials: http://www.tylerstarnews.com/page/content.detail/id/508789/Momentive-Inc--plans-temporary-layoffs-for-150.html?nav=5008
  13. Rocketdyne: http://www.spacenews.com/article/rocketdyne-lays-off-100-ahead-of-aerojet-merger#.UJxQl7Tjvap
  14. Brake Parts: http://www.kentucky.com/2012/11/07/2398967/brake-company-in-stanford-laying.html
  15. Vestas Wind Systems: http://www.businessweek.com/news/2012-11-07/vestas-to-cut-headcount-to-16-000-by-end-of-2013-from-22-721
  16. Husqvarna: http://www.businessweek.com/news/2012-11-07/husqvarna-to-cut-600-jobs-as-garden-tools-maker-seeks-savings
  17. Center for Hospice New York: http://www.buffalonews.com/apps/pbcs.dll/article?AID=/20121106/CITYANDREGION/121109477/1002
  18. Bristol-Meyers: http://www.fiercepharma.com/story/bristol-myers-slash-480-sales-related-jobs-nj/2012-11-06
  19. OCE North America: http://www.hartfordbusiness.com/apps/pbcs.dll/article?AID=/20121105/NEWS01/121109930
  20. West Ridge Mine: http://www.ksl.com/?sid=22890041&nid=148&title=utah-company-blames-president-obama-for-102-workers-laid-off&s_cid=queue-1
  21. United Blood Services Gulf: http://www.klfy.com/story/20008363/united-blood-services-layoffs
  22. Darden Restaurants: http://sayanythingblog.com/entry/restaurant-chain-considering-elimination-of-full-time-jobs-to-save-on-obamacare-costs/
  23. Daily Job Cuts: http://www.dailyjobcuts.com/
  24. Update: Exide Technologies in Laureldale – 150: http://readingeagle.com/article.aspx?id=426179
  25. Southeastern Container – 15: http://www.poughkeepsiejournal.com/article/20121108/BUSINESS/121108022/-No-heading-?odyssey=nav%7Chead
  26. Plexus Corp – Contract Loss Could = Layoffs: http://www.thenorthwestern.com/article/20121108/OSH03/311090080/Contract-loss-could-mean-job-cuts-Plexus
  27. Yakima Regional Medical Center Washington – 10+: http://www.kimatv.com/news/local/At-least-10-layoffs-coming-to-Yakima-Regional-Medical-Center-178003891.html
  28. Crouse Hospital Syracuse NY – 70 Jobs: http://www.9wsyr.com/news/local/story/Crouse-Hospital-announces-another-round-of-job/BuXTvRc4vE6kru9-jby1xQ.cspx
  29. Eagle-Tribune in North Andover – 21: http://www.boston.com/businessupdates/2012/11/08/eagle-tribune-and-sister-papers-cut-jobs/uU6XJavo3epHLJMWsEyNrO/story.html
  30. Ameridose LLC – up to 650 Layoffs: http://bostonglobe.com/lifestyle/health-wellness/2012/11/08/ameridose-sister-company-pharmacy-linked-fungal-meningitis-outbreak-laying-off-hundreds/6KIqTDQ6TLdNWZJrRHrRKK/story.html
  31. EMD Millipore St. Charles – Some Layoffs: http://www.bizjournals.com/stlouis/blog/2012/11/emd-millipore-sheds-jobs-in-st-charles.html
  32. Groupon – 80: http://www.businessinsider.com/groupon-layoffs-2012-11
  33. Pratt & Whitney Rocketdyne – 100: http://www.spacenews.com/article/rocketdyne-lays-off-100-ahead-of-aerojet-merger#.UJvcJYboO6Y
  34. Slidell La. – Warns of Possible Layoffs: http://www.sfgate.com/news/article/Slidell-mayor-warns-of-possible-layoffs-4020344.php
  35. Career Education Corp – Closing 23 Campuses – 900 Jobs Lost: http://www.dailyherald.com/article/20121108/business/711089725/
  36. Caterpillar Inc. will close its plant in Owatonna Minn.: http://www.kare11.com/news/article/997577/396/Caterpillar-to-close-Owatonna-plant-move-100-jobs
  37. Update: TE Connectivity Closing Greensboro Plant – 620 Layoffs Expected: http://myfox8.com/2012/11/08/report-te-connectivity-to-close-greensboro-plant-670-layoffs-expected/
  38. Twitchy: http://twitchy.com/2012/11/08/layoff-bomb-detonates-large-corporations-join-small-businesses-in-announcing-mass-cuts/
  39. charliekayecbs: https://twitter.com/charliekayecbs
  40. cbsnews: https://twitter.com/cbsnews
  41. November 8, 2012: https://twitter.com/popparollo/status/266684449046003712
  42. Pirate’s Cove: http://www.thepiratescove.us/
  43. @WilliamTeach: http://twitter.com/WilliamTeach

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