Layoffs, Layoffs Everywhere You Look There Are Layoffs

by Guest Sun Jul 24, 2011 5:18 pm

This summer the pace of layoffs seems to be accelerating all over the nation. Just check out what has been happening over the past few weeks….

-Lockheed Martin has made “voluntary layoff offers” to 6,500 employees.

-Detroit is losing even more jobs. American Axle & Manufacturing Holdings has told the remaining 300 workers at its manufacturing facility in Detroit that their jobs will be ending in early 2012.

-Layoff notices have been sent to 519 employees of Milwaukee Public Schools, and more than 400 open positions are going to go unfilled.

-The Gap has announced that up to 200 stores will be closed over the next two years.

-Cisco has announced plans to lay off 9 percent of their total workforce.

-Chicago Mayor Rahm Emanuel says that 625 city employees will be losing their jobs as a result of cutbacks.

-Pharmaceutical giant Merck recently dumped 51 workers from an office in Raleigh, North Carolina.

-Perkins has revealed that they will be closing 58 restaurants.

-This week, Goldman Sachs announced that they will be eliminating 1,000 jobs.

-Cracker Barrel is rapidly reducing staff at its headquarters.

-Telecommunications and web marketing firm Crexendo has announced that it will be laying off about 30 percent of its workforce.

-Borders has announced that they will be shutting down their remaining 399 stores and that 10,700 employees will lose their jobs.

-Now that the space shuttle program has ended, thousands of NASA employees will be losing their jobs.

Sadly, there are hundreds of more examples of recent layoffs and job losses. One website that tracks these layoffs daily is Daily Job Cuts. It is pretty sad when there are entire websites that are devoted to chronicling how fast our economy is bleeding jobs.

http://www.pakalertpress.com/2011/07/25/layoffs-layoffs-everywhere-you-look-there-are-layoffs/

by **Jobless_in_Ma** Mon Jul 25, 2011 9:07 am

Corporations are slowly killing this country.

by jmainframe Mon Jul 25, 2011 1:00 pm

It's 2008 all over again! Is there such a thing as a double-dip DEPRESSION, or is it all one-in-the-same?

by lendmeflight2 Mon Jul 25, 2011 2:56 pm

It really wouldn't be that bad if JUST Border's closed, 10,000 jobs in a nation this size is not bad. However, When it's all the red states losing thousands of jobs AND companies closing, AND federal government cutbacks like nasa AND the added stress of 5 million 99ers,AND all the people that will be out of benefits at the end of the year and the double dip recession comes into play.

We still aren't back to losing 700,000 jobs a month, yet.

by **Jobless_in_Ma** Mon Jul 25, 2011 3:09 pm

We still aren't back to losing 700,000 jobs a month, yet.

God help us all if we do. P

by Guest Mon Jul 25, 2011 3:15 pm

Maybe it won't get as high as 700,000 a month, but companies that lose workers are not replacing them - they are getting by with what they have. IMO, that is just as bad, there is not much hope of finding a suitable, living wage job anytime in the near future.