Layoff bomb detonates; Large corporations announce mass cuts

Layoff bomb detonates; Large corporations announce mass cuts

http://twitter.com/#!/stuffyhead9/status/266603408721604609

Earlier today, Twitchy related some heartbreaking stories of small business owners laying off workers to avoid the economic impact of the Obamacare tax that isn’t a tax. Comedian Jon Lovitz, a small business owner himself, was no barrel of laughs either as his timeline filled with stories of impending downsizing. So, what about those big corporations? Boeing’s defense division announced yesterday it would cut 30 percent of management staff, and the company was not alone, we’re learning.

IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS:Westinghouse, Research in Motion, Boeing, US Cellular, Commerzbank, Iberia, ING, (cont)

— Dark_Red_Hair (@Dark_Red_Hair) November 8, 2012

IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS (cont): Ericsson, Bristol-Myers, corning, Boston Scientific, Abbott Labs, St. Jude, (cont)

— Dark_Red_Hair (@Dark_Red_Hair) November 8, 2012

IN PAST 48 HRS, FOLLOWING COs ANNOUNCED LAYOFFS (cont): Caterpillar, CVPH Medical Center, Lightyear Haqwker Beechcraft, Hawker Beechcraft

— Dark_Red_Hair (@Dark_Red_Hair) November 8, 2012

Just last week, Michelle Malkin warned in her column of “Obama’s Layoff Bomb,” and the headlines over the last two days seem to prove that this ticking time bomb was no dud.

Welcome to Obamaville: Pepsi looking to layoff 4,000 workers bit.ly/Z8ApDF #tcot #tlot

— FAM Blog (@famblog) November 8, 2012

The Axe Falls: Bristol-Myers To Cut Nearly 500 Jobs j.mp/PHK5n8

— FREEDOM ☺/ FTW (@freedomforthwin) November 8, 2012

Research in Motion lays off workers at US HQ in TX bit.ly/WDjrjp | Welcome to BO’s 2nd term and don’t expect it to get better. #tlot

— Jeff Grubb (@jeffreysgrubb) November 8, 2012

Groupon lays off 80 sales employees chicagotribune.com/business/break… #groupon #layoff

— Shefali Budhwani (@sbudhwani) November 8, 2012

The Layoff Report: Boeing:  Boeing has announced plans to cut $1.6 billion of costs in its defense divis… bit.ly/TbJLuY #tcot

— stevenfoley (@stevenfoley) November 8, 2012

Hawker Beechcraft closing facilites, laying off more than 400 employees in Arkansas, AZ & TX. bit.ly/T5y1dw #tcot #ObamaLayoffs

— Shelley M G (@ShelleyMGO) November 8, 2012

Energizer Holdings to lay off 1,500, close 3 plantsbizjournals.com/stlouis/news/2… via @gweiderman

— STLBusinessJournal (@stlbj) November 8, 2012

They keep going and going and … sorry. RT @reuters: Energizer to cut more than 10 percent of workforce reut.rs/UcaeXF

— Kevin Roose (@kevinroose) November 8, 2012

The newly reelected president blew off the traditional post-election press conference on Thursday, but word is he’ll deliver a statement on the economy tomorrow.

President Obama will deliver a statement from the East Room tomorrow on the economy. @cbsnews will have live radio coverage. Time TBA.

— Charlie Kaye (@CharlieKayeCBS) November 8, 2012

@charliekayecbs @cbsnews Ya think Caesar Obammus plans on discussing the rash of layoffs since his reelection?

— Schnowzerz (@Schnowzerz) November 8, 2012

@charliekayecbs This is what we will hear, “Blah blah blah blah.”

— Paula Ruffo (@RuffoPaula) November 8, 2012

@charliekayecbs @cbsnews >>>OBAMA TO HIRE ROMNEY TO FIX ECONOMY<<<

— Michael Kent (@popparollo) November 8, 2012

Read more: http://twitchy.com/2012/11/08/layoff-bomb-detonates-large-corporations-join-small-businesses-in-announcing-mass-cuts/

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