Dynamic Shared Pain: Thilmany to Reduce Work

Thilmany, a company owned by Packaging Dynamics Corp that makes paper, will be doing non-voluntary temporary factory closures which will affect a few hundred people. If these folks do not have enough vacation balance stashed away, then they will be short some funds from thier paychecks on the mandatory work stoppage. This couldn't come at a worse time if they were already living paycheck to paycheck and intending to use these checks to fund their Christmas shopping. The idled locations will be staggered in December and will be in Kaukauna and De Pere in the cheese state.

I would put this up as further fuel to the fire about why consumer confidence and the act of clownsumer spending is depressed across the United States.

Related:
Dunder Mifflin Supplier in Pain: Boise lays off a lot
Papering Over It: International Paper to Slow Production
Newspapers!

Double Whammy Magnified: Micron Technology & Micron Personal Computers

Micron has a great presence in the potato state. Should I be using past tense for the prior sentence? In what is known in these parts as a double-whammy, the potato state is going to undergo reduced payroll, property, and sales taxes from those affected by each of the Micron actions. Micron Personal computer filed Chapter 11 recently. Micron Technology had a layoff of about 1,500 people last month and has just made a mandatory time off for 12 days. Hope people had been saving their vacation days, otherwise some of these will be unpaid and will have Micron Technology receive some cost cuting benefit.

Take out a map, up and down plus left to right you will see cost reduction methods that will be impacting employees capability to take on debt, spend their negative savings, and otherwise ruin Christmas 2008.

Related:
The Sun is Burning Out: Sun Microsystems to do Massive Layoff
Applied Soup Kitchens
Trouble in the crest of the dotcomania wave