A Madison, Wisconsin hospital has joined the ranks of employers directly affected by ObamaCare cuts. About 50 people face unemployment, as Meriter Hospital announces layoffs. These cuts are a direct result of the decreased in payments they will receive as a result of the Medicare cuts contained within ObamaCare. WKOW: On Tuesday, Meriter spokesperson Mary [...]
Are Layoffs Vindictive or Caused by Policy? Wednesday after the election a number of companies announced they would be laying off employees. Some businesses said they would close completely. Others are cutting back staff from full time to part time work. Through the week the numbers have grown. Big businesses. Mom and Pop small stores. [...]
Another solar panel company has laid off half of its workforce after receiving millions of tax dollars in the form of loans, grants, and tax credits. The company was lauded by VP Joe Biden, U S Secretary of labor Hilda Solis, and former Ohio Governor Ted Strickland as being a “model of innovation and success”. [...]
A Bureau of Labor statistics report announced that first-time applications for unemployment benefits fell to below 400,000 for the first time in three months. At 398,000, the drop has gone under the mark that many analysts feel signals recovery in the job market. No extenuating circumstances were noted in the labor report as to why [...]
CINCINNATI, July 14, 2011 — As Cisco looks to reduce costs, the once renowned company is now looking to cut 10,000 jobs. With 3,000 employees accepting early-retirement packages, another 7,000 are facing layoffs. Cisco employees aren’t the only ones shaking in their boots. Companies nationwide are also experiencing job cuts. From big international banks such [...]
