Showing posts with label job cuts. Show all posts
Showing posts with label job cuts. Show all posts
Thursday, March 20, 2014
Study Shows Increased Minimum Wage's Destructiveness
Jobs: The country's biggest employment agency warns that 38% of private employers will lay off workers if Congress raises the minimum wage. Once again, wage earners are the casualties of waging class warfare. The White House website's slick presentation on the minimum wage says: "No one who works full time should have to raise their family in poverty." And it promises: "It will lift wages for 28 million Americans. It will give businesses customers with more spending money. It will grow the economy for everyone — and we can do it right now." Gee, if you don't like your wage, Uncle Sam can raise your wage. Just like he made sure you could keep your health plan.
Read more at Investor's Business Daily Read More......
Read more at Investor's Business Daily Read More......
Labels:
economy,
job cuts,
minimum wage
Saturday, November 17, 2012
United Technologies laying off 500 workers, including 4 in Charlotte area
United Technologies Corp. announced Friday it is laying off 500 salaried and hourly employees worldwide – including some in the Charlotte area – between now and the end of the year.
The multinational manufacturing and transportation company, which acquired Charlotte-based Goodrich Corp. this past summer, said it is laying off three workers at its Monroe plant and one in its Charlotte aerospace division headquarters.
The company started telling workers Friday, company spokesman Dan Coulom said. The company will continue to notify affected workers through December, Coulom said. He was not aware of additional layoffs planned for the Charlotte area, he said. Read more at the Charlotte Observer
Read more here: http://www.charlotteobserver.com/2012/11/16/3670382/united-technologies-laying-off.html#storylink=cpy
Read More......
The multinational manufacturing and transportation company, which acquired Charlotte-based Goodrich Corp. this past summer, said it is laying off three workers at its Monroe plant and one in its Charlotte aerospace division headquarters.
The company started telling workers Friday, company spokesman Dan Coulom said. The company will continue to notify affected workers through December, Coulom said. He was not aware of additional layoffs planned for the Charlotte area, he said. Read more at the Charlotte Observer
Read more here: http://www.charlotteobserver.com/2012/11/16/3670382/united-technologies-laying-off.html#storylink=cpy
Medical giant Stryker cuts 1,170 jobs, citing ObamaCare
Medical supply giant Stryker is the latest company to announce job cuts in anticipation of coming costs associated with ObamaCare, even though the man who inherited a fortune from the company's founder is a fan.
The company will cut 1,170 jobs, or five percent of its worldwide workforce, despite the fact that the founder's grandson was one of the largest contributors to President Obama’s re-election campaign. Medical tech scion Jon Stryker, whose net worth is currently estimated at $1.2 billion, contributed $2 million to the Priorities USA Action super PAC and has given $66,000 in contributions to Obama and the Democratic Party. Stryker does not run the company.
Read more Fox News Read More......
The company will cut 1,170 jobs, or five percent of its worldwide workforce, despite the fact that the founder's grandson was one of the largest contributors to President Obama’s re-election campaign. Medical tech scion Jon Stryker, whose net worth is currently estimated at $1.2 billion, contributed $2 million to the Priorities USA Action super PAC and has given $66,000 in contributions to Obama and the Democratic Party. Stryker does not run the company.
Read more Fox News Read More......
Tuesday, September 11, 2012
Welch Allyn job cuts are related to new tax mandated by health care law
Skaneatles Falls, NY -- Welch Allyn told employees at companywide meetings this morning that it plans to cut 275 jobs, or about 10 percent of its worldwide workforce.
About 45 workers were told today that they will lose their jobs at the company's headquarters in Skaneateles Falls.
The cuts are part of the medical device maker's plans to reshape its business in the wake of turmoil in the U.S. market and expand into emerging global markets, Chief Executive Steve Meyer said this afternoon.
Read more at the Syracuse Post-Standard Read More......
About 45 workers were told today that they will lose their jobs at the company's headquarters in Skaneateles Falls.
The cuts are part of the medical device maker's plans to reshape its business in the wake of turmoil in the U.S. market and expand into emerging global markets, Chief Executive Steve Meyer said this afternoon.
Read more at the Syracuse Post-Standard Read More......
Labels:
job cuts,
medical devices,
Obamacare
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