Omaha World-Herald is cutting 51 workers in response to the slowed economy and less need for advertisements from real estate professionals and all kinds of businesses that cater to the clownsumer nation.
This is not a surprising hit for layoffs, but it has surprised me that it has come out like clockwork. That particular article is funny as in blaming the Internet solely. They fail to take into account reduced ads across the board. Why advertise to broke clownsumers who can't scrub two nickels together, let alone pony up the cash to buy the intended product to fill the gap in their self-made clownsumed identity.
Related:
A Googol Reasons why the Great Ad Fallback Biz Model is Full of Fail
Newspaper Woes Continue: The Plain Dealer Increases Layoffs
Extra Extra: More Newspaper Woes from Tampa
Sun Setting on Kitsap Sun
Extra Extra: Read All About it Online Though...
For Whom the Alarm Tolls: ADT To Close Call Center
Thursday, November 13, 2008
Epic Fail: Epicor Software to Layoff Workers
Epicore, who makes backoffice applications, intends to layoff an unspecified number of employees that is likely to be fairly considerable given their size and aim to save $16-20 million each year.
Meanwhile this company is resisting a buyout offer that has just been reduced. Seen that foolishness anywhere else? Oh yea, Mr. Yang please step up and collect your crown of the clowns!
These layoffs are unspecified in number and in geography, but we can assume the clownsumers will be pulling back on spending after the axe falls. Additionally, what if they bought a house in the past 5 years? Quite difficult to hang on to that with a job limbo.
Epicore is headquartered in Irvine, CA.
Related:
Symantec Virus Detected, it's the recession knocking
Electronic Arts Frag Count: 500-600
More Silly Valley heartbreak
Meanwhile this company is resisting a buyout offer that has just been reduced. Seen that foolishness anywhere else? Oh yea, Mr. Yang please step up and collect your crown of the clowns!
These layoffs are unspecified in number and in geography, but we can assume the clownsumers will be pulling back on spending after the axe falls. Additionally, what if they bought a house in the past 5 years? Quite difficult to hang on to that with a job limbo.
Epicore is headquartered in Irvine, CA.
Related:
Symantec Virus Detected, it's the recession knocking
Electronic Arts Frag Count: 500-600
More Silly Valley heartbreak
Box By The River: Riverside Furniture Downsizes
Riverside Furniture has jumped in with several other furniture and big ticket product relatred industries in performing a layoff of their own. This company will shed 250 workers in order to manage its finances better.
Like others trying to sell big ticket items, the clownsumer can't go for it and neither can businesses. Suddenly the four year old desk looks like it can last another four. A more prudent and less wasteful style for the business and home near you!
Riverside Furniture is headquartered in Fort Smith, Arkansas.
Related:
Big ticket items taking big hit
Have and Have Nots: Haverty Furniture Cuts Dividend
La-Z Shoppers slow Furniture Purchases: La-Z-Boy to layoff
Spinning down the drain
Like others trying to sell big ticket items, the clownsumer can't go for it and neither can businesses. Suddenly the four year old desk looks like it can last another four. A more prudent and less wasteful style for the business and home near you!
Riverside Furniture is headquartered in Fort Smith, Arkansas.
Related:
Big ticket items taking big hit
Have and Have Nots: Haverty Furniture Cuts Dividend
La-Z Shoppers slow Furniture Purchases: La-Z-Boy to layoff
Spinning down the drain
Parked Cars in PA: Pennsylvania Turnpike to Reduce Staff
Pennsylvania Turnpike has collected less toll funds as they have seen traffic drop and in response will either perform a layoff or buyout employment for some individuals. The number of individuals is unclear, but we will get a better handle after they finish collecting signups to leave jobs on Novermber 20.
Either way, less people will be employed and collecting paychecks than before the tally is collected. It is unclear, since I never drive there, whether the reduced traffic is all of the cause of the reduced income for the turpike or whether some of it is due to people not minding spending longer durations in traffic to save the 50 cents or whatever the cost may be. Probably doesn't matter, reduced traffic is probably the primary driver in the reduced income and there's no longer the fuel charge excuses to blame. It is the economy stupid! Less people working means less need ot go out and spend their morning and evening driving around and less weekend driving to curb expenses. Less companies and less business volume also means less supplies moving around the pike.
One takeaway you need to become familiar with these days. Less is better in many of these things, anyone who says we can rescue ourselves by creating more clownsumer spending is thinking at too shallow a level and can't recognise that's part of the problem that caused this mess and will not contribute to the recovery. No bailouts!
Related:
Government Bloat Under Scrutiny
Highway to Nowhere: Kansas to Delay Highway Projects
Yonkers Goes Bonkers
Returned to Sender: Your Job and Paycheck
Your (Last) Check's in the Mail
Governments can lay off too
Either way, less people will be employed and collecting paychecks than before the tally is collected. It is unclear, since I never drive there, whether the reduced traffic is all of the cause of the reduced income for the turpike or whether some of it is due to people not minding spending longer durations in traffic to save the 50 cents or whatever the cost may be. Probably doesn't matter, reduced traffic is probably the primary driver in the reduced income and there's no longer the fuel charge excuses to blame. It is the economy stupid! Less people working means less need ot go out and spend their morning and evening driving around and less weekend driving to curb expenses. Less companies and less business volume also means less supplies moving around the pike.
One takeaway you need to become familiar with these days. Less is better in many of these things, anyone who says we can rescue ourselves by creating more clownsumer spending is thinking at too shallow a level and can't recognise that's part of the problem that caused this mess and will not contribute to the recovery. No bailouts!
Related:
Government Bloat Under Scrutiny
Highway to Nowhere: Kansas to Delay Highway Projects
Yonkers Goes Bonkers
Returned to Sender: Your Job and Paycheck
Your (Last) Check's in the Mail
Governments can lay off too
Drifting Away: Brunswick to Consolidate Production = Layoffs
Brunswick, who makes recreational boats, has decided that people just can't go fishing with all the new found time they have in their hands since the time comes with a lack of money. In deciding this, they saw it fit to be more prudent and consolidate operations out of Maryland and into Tennessee, while sinking payroll demands of 115 jobs.
People just keep pulling back spending on high priced items as if they were the plague. This is a new phenomena, but something that was long overdue. Everyone was trying to live like someone else's lifestyle they saw on their TV and buying up things left unused, underused, or simply not wanted to make up a facade. Clownsumers built identity by shopping; a pretty sad story in my point of view.
Brunswick is headquartered in Lake Forest, IL.
Related:
Big ticket items taking big hit
I Don't Want Your Steel: AK Steel to Idle Factories
Steel My Mind: U.S. Steel to Layoff
Consumer Spending Drops Most In 28 Years
People just keep pulling back spending on high priced items as if they were the plague. This is a new phenomena, but something that was long overdue. Everyone was trying to live like someone else's lifestyle they saw on their TV and buying up things left unused, underused, or simply not wanted to make up a facade. Clownsumers built identity by shopping; a pretty sad story in my point of view.
Brunswick is headquartered in Lake Forest, IL.
Related:
Big ticket items taking big hit
I Don't Want Your Steel: AK Steel to Idle Factories
Steel My Mind: U.S. Steel to Layoff
Consumer Spending Drops Most In 28 Years
Max Pain: OfficeMax to do Its Own Layoff
OfficeMax, a big box office supply store, has decided it had better lighten up its own spending as its customers all lighten up theirs. They have made the choice to layoff 245 employees, many from corporate in Chicago or out in the field.
Sending further ripples through the USA eclownomy (economy), they will slow expansion and remodels. These expansions and remodels tend to offer some employment for contractors and builders. This will not be the case for the near future until the economic cycle picks up and it makes sense to do so. In fact, one might guess store closures or further layoffs is probably the next likely event before expansion.
OfficeMax is headquartered in Naperville, IL.
Related:
Rumor: Circuit City to close 150 stores within 60 days
Retail Closure and Unemployment
Pink slip, Number of Copies [3,000]
Sending further ripples through the USA eclownomy (economy), they will slow expansion and remodels. These expansions and remodels tend to offer some employment for contractors and builders. This will not be the case for the near future until the economic cycle picks up and it makes sense to do so. In fact, one might guess store closures or further layoffs is probably the next likely event before expansion.
OfficeMax is headquartered in Naperville, IL.
Related:
Rumor: Circuit City to close 150 stores within 60 days
Retail Closure and Unemployment
Pink slip, Number of Copies [3,000]
Papering Over It: International Paper to Slow Production
International Paper to shut down one Virginia paper machine at it's mill. IP will be giving 50 employees a long and unexpected break over prior to the Thanksgiving holiday, since it will stop running in the week prior.
You can imagine paper products, which are used all over the place in an economy, will be down. You even see some newspaper casualties these days. One other side note, it is unlikely that only these 50 are to be affected, imagine reduced demand and reduced output. Perhaps overtime will be cut on remaining employees and how that will impact any of those who have maxed credit balances and leave little enough sliver of credit open to make it to the next paycheck. What happens when the reduction of pay comes in? The little sliver becomes smaller and consumption goes down.
Related:
Newspaper Woes Continue: The Plain Dealer Increases Layoffs
Extra Extra: More Newspaper Woes from Tampa
Sun Setting on Kitsap Sun
Extra Extra: Read All About it Online Though...
You can imagine paper products, which are used all over the place in an economy, will be down. You even see some newspaper casualties these days. One other side note, it is unlikely that only these 50 are to be affected, imagine reduced demand and reduced output. Perhaps overtime will be cut on remaining employees and how that will impact any of those who have maxed credit balances and leave little enough sliver of credit open to make it to the next paycheck. What happens when the reduction of pay comes in? The little sliver becomes smaller and consumption goes down.
Related:
Newspaper Woes Continue: The Plain Dealer Increases Layoffs
Extra Extra: More Newspaper Woes from Tampa
Sun Setting on Kitsap Sun
Extra Extra: Read All About it Online Though...
Subscribe to:
Posts (Atom)