My Bad. LOLOriginally Posted by BetterSoonerThanLater
My Bad. LOL
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If God wanted Men to look women in the eyes, He wouldnt have gave em Boobs !
Blowing the cover off the jobs "recovery". You dumbasses are math challenged. Planned layoffs for 2015 - 53,041 in January. About the same as last october. HUH. Let's see, jobs added in JANUARY 2015 257 THOUSAND. Obama would have to lose 8.25 MILLION jobs over the last 24 months to match dubya sterling record of LOSING 825 THOUSAND jobs in eight long misable years. Remind me again who all voted for dumbass dubya TWICE. Come on raise your hands boys, who voted for dubya twice. bitch
Oil at $49 is going to cause many more layoffs in the coming months---Most will not be announced-----Anyone see that the pipe plant that the idiot Ed Schultz is always at is having layoffs----due to falling demand for pipe. Too bad Barack is blocking the Keystone pipeline that would produce a great deal of demand for pipe----Why does Barack hate the American Steel worker?-----Maybe its the war on steel
personally, i'm all for laying a lot of pipe...
this is bull****
Thanks, Vet.
Had an interview today and the contracting firm called me at 5:00 and said they were offering me the position paying slightly more than I was making. They create and configure virtualization software for research institutions. (I didn't know exactly what that meant a week ago.) Apparently it helps to spend a week or so downloading their software and playing around with it. I was the only condidate who did that. (Might be the only one who was out of work and had time to do it.)
Anyway, back to the topic. This really sucks for the oil workers. I have a BIL who is a land man and while he says he's doing okay I have to wonder. It's hard to say what it means for the country as a whole. There are obviously benefits to lower energy prices in every sector other than the energy sector.
Sucks how the energy sector is so volatile. It's the Saudis and they're going to do what they want to do. I personally think we should subsidize domestic production to keep the oil and natural gas production online and encourage further investment. That's a tough one. First the WTO would probably sue. Secondly, the liberals don't want "energy subsidies". Third, conservatives really don't want to meddle in private business. I just think in this instance we have a national interest to protect our energy sectors - not necessarily the jobs themselves (although I of course would be happy with that as a byproduct) but we simply can't allow Saudi Arabia to devastate our energy sector every 20 years for their own strategic interests.
Jkj....glad to hear you got a new job so quickly.
Good for you on the job. Nice when an economy is growing there are opportunities for people who know how to prep for an interview. I have to disagree with you about subsidies. Oil have been subsidizes for years. Liberals don't think we should subsidize them when oil is high and profits are great. We also think that we shouldn't cut alternative energy subsidies if you are not going to cut oil subsidies. Wouldn't the government interfering the private market to ensure there are no downturns socialism?
How is oil subsidized?
What Okie said Bro.
I wish we had spent the Billions and Billions developing OUR own Oil fields back in the day instead of the Ahabs .
If we QUIT spending Billions and Trillions on Protecting Ahab oil and spent that money HERE this country would be Prosperous again
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If God wanted Men to look women in the eyes, He wouldnt have gave em Boobs !
You must be talking to the Asstalker!
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If God wanted Men to look women in the eyes, He wouldnt have gave em Boobs !
For one depletion.
---Depletion is like depreciation used in other areas---What great breaks do they get?------How much money has the Gov't pissed away on subsides and tax breaks for green energy?
http://247wallst.com/special-report/...the-most-jobs/
10. Amgen Inc.
> Job cuts: 4,000
> Number of employees: 18,000
> 1yr. share price change: +27.28%
In recent years, biotechnology company Amgen has reduced its global workforce as part of its restructuring plan to focus on drug development. While layoffs in the technology sector more than doubled between the first halves of 2013 and 2014, job cuts in the pharmaceutical industry declined in that time, falling by 15.4%. Despite the industry trend, the company announced in August it would cut 2,900 employees. In October, Amgen announced it would close a research and development facility in Seattle that would result in an additional 1,100 job cuts, bringing the 2014 total to about 4,000. The restructuring plan will reduce the company’s workforce by up to 15% and includes the closure of several facilities in Washington and Colorado. Amgen reported strong earnings in 2013 and in 2014. According to the company, the layoffs are “natural steps in a long-term strategy.”
9. Procter & Gamble
> Job cuts: 4,430
> Number of employees: 118,000
> 1yr. share price change: +11.72%
Procter & Gamble announced in early November it would cut 4,430 jobs, the ninth highest number of announced job cuts reviewed. Last year marks the fourth consecutive year the consumer products company has reduced its total workforce. As of 2014, there were 118,000 Procter & Gamble employees, versus 132,000 in 2009. As is the case with many other companies, cost-cutting measures such as layoffs are often part of a strategy to maintain consistent income growth. P&G’s net sales have grown each year since as early as 2012. The company reported net sales of $83.1 billion in the 12 months prior to June 2014. In addition to slashing employment, P&G also announced in August that it would eliminate as many as 100 underperforming brands to further improve results.
8. Sprint Corp.
> Job cuts: 5,000
> Number of employees: 36,000
> 1yr. share price change: -40.27%
Sprint Corporation, one of the nation’s largest cellphone carriers, stated at the end of October it would lay off 5,000 workers for restructuring purposes. Earlier that month Sprint cut 452 jobs at its headquarters in Kansas. Sprint had 36,000 employees at the end of 2014, down from the approximately 38,000 employees it had the year before. Despite the layoffs, Sprint may roughly double its store count in a deal with RadioShack, which recently filed for Chapter 11 bankruptcy. If the deal is finalized, Sprint would operate as a store-within-a-store in nearly 2,000 Radio Shacks.
7. Intel Corp.
> Job cuts: 5,350
> Number of employees: 106,700
> 1yr. share price change: +35.66%
At the start of 2014, after poor earnings and growth forecasts, Intel announced it would implement cost cutting measures. Part of the measures included plans to reduce its global workforce by 5,350 people, or 5% of its headcount, throughout the year. According to Intel spokesperson Chris Kraeuter, the cuts would primarily consist of “people retiring, redeploying, or leaving voluntarily.” In addition, the chip maker announced in April that it was shutting down its assembly and test operations in Costa Rica. While this eliminated 1,500 jobs, Intel continued to employ more than 1,000 engineering, finance, and human resources workers in the country.
6. Sears Holdings
> Job cuts: 5,400
> Number of employees: 249,000
> 1yr. share price change: -9.32%
While layoffs are not always a sign of weak revenue, retail holding company Sears has been closing stores and shedding employees for years as a result of faltering sales. The company reported revenue of $36.2 billion for the 12 months through February 1, 2014, down by more than $3.6 billion from the previous period. According to Challenger, Gray, & Christmas, Sears announced in October 5,400 job cuts, the sixth largest compared with other U.S. public companies. However, Sears is closing stores so fast that it may be difficult to keep track. In 2014, the company closed 235 stores, most of which were Kmart locations. The layoffs were announced at a time when most retailers were hiring workers for the holiday season. As of the beginning of 2014, Sears had roughly 226,000 U.S. employees, including part-time workers.
5. Coldwater Creek
> Job cuts: 5,500
> Number of employees: N/A
> 1yr. share price change: -92.84%
Women’s apparel retailer Coldwater Creek filed for bankruptcy in April after it was unable to find a buyer for its operations. Shareholders in the company were wiped out as the company began the process of closing its 350 stores and laying off its 5,500 workers. However, there may be a silver lining for at least a few employees. As part of bankruptcy proceedings, other retailers bought a number of Coldwater Creek’s leases. While most employees may be out of luck, customers may be able to soon buy Coldwater Creek merchandise again. Private equity firm Sycamore Partners bought the Coldwater Creek brand name. The new owner relaunched the brand as Coldwater Creek Direct, an online retailer that aims to sell women apparel via a catalog.
4. JPMorgan Chase
> Job cuts: 5,500
> Number of employees: 241,359
> 1yr. share price change: +4.59%
JPMorgan Chase announced last February it would cut 3,500 jobs in its consumer banking division, and another 2,000 in its mortgage department, the fourth highest combined number of job cuts announced by a U.S. public company. The cuts will continue this year, as the head of the consumer banking division Gordon Smith announced additional layoff plans this month. Smith has attributed layoffs to cost-cutting efforts and the growing popularity of mobile banking, which has grown dramatically in recent years and requires much less personnel. According to the The Columbus Dispatch, the company reduced its labor force by an estimated 27,000 jobs over the two years through 2014. The decline in headcount, while officially part of a restructuring effort, was also likely linked to the fallout from the housing crisis. Earlier this year, JPMorgan agreed to pay $500 million to conclude a six-year class action lawsuit filed against the bank’s subsidiary, Bear Stearns, for negligent mortgage loan practices.
3. Cisco System Inc.
> Job cuts: 6,000
> Number of employees: 72,247
> 1yr. share price change: +24.33%
On August 24, Cisco announced plans to eliminate 6,000 jobs, or about 8% of its global staff. Counting its most recent cuts, Cisco has eliminated nearly 26,000 jobs since the start of 2009. Stagnant growth forecasts are likely the chief catalyst in Cisco’s job cuts. The company faces a challenging shift as customers move from using its core expensive hardware to using new, less expensive software advancements. While Cisco has been buying software companies and ramping up its development of more competitive products, a transition to a more software-oriented business model will likely result in revenues continuing to come under pressure. This likely also means the company will continue to reduce headcount, according to Brian Marshall, an analyst at International Strategy & Investment Group LLC, as quoted on Bloomberg.
2. Microsoft
> Job cuts: 18,000
> Number of employees: 128,000
> 1yr. share price change: +12.08%
Only Hewlett-Packard Co. announced more job cuts than Microsoft in 2014. In July, the company said it would cut roughly 18,000 jobs over the course of a year as part of its restructuring plan. More than 12,000 of these layoffs were related to the company’s recent acquisition of Nokia Devices and Services. Other cuts included the closure of the company’s Silicon Valley research facility. In addition to layoffs, Microsoft also announced in July it would take a restructuring charge of between $1.1 billion and $1.6 billion. The impact this may have on the company’s bottom line, however, could be relatively small — Microsoft reported more than $22 billion in net earnings over the 12 months through June last year, up from the same period 2013.
1. Hewlett-Packard Co.
> Job cuts: 21,000
> Number of employees: 302,000
> 1yr. share price change: +30.90%
Likely due in part to falling demand for personal computers, Hewlett-Packard’s revenue has fallen each year since 2011, when it reported revenue of $127 billion. The company employed roughly 350,000 people at that time, but this figure has fallen in proportion with the computer maker’s sales. In May, HP announced it would fire about 16,000 employees as part of a multi-year restructuring plan. The company announced an additional 5,000 job cuts in October, bringing the total cuts announced to 21,000, far more than any other public American company reviewed. In total, the plan could reduce HP’s workforce by at least 50,000 employees. As of October 31st, HP employed 302,000 workers worldwide.
Going to get a lot worse
http://www.zerohedge.com/news/2015-0...-are-crumbling
liberal leftist progressive crony capitalism at its best...
Dow over 18,000 now. All time high.
What was it when Obama took over........ 7,000 ?
5-0
BOY HOWDY !!!!
So now it's crony capitalism huh? Well, if it is we will take it over losing 825 THOUSAND PRIVATE SECTOR JOBS like bush did. Tell me did all of the 7.5 MILLION jobs generated under obama come from cronys of obama? All of those PRIVATE SECTOR jobs came from friends of obama? NO. This is nothing more than not wanting to acknowledge there is a recovery from the great rescission REPUBLICANS caused under a democratic president. As for how that employment thing looking again? Pretty damn well.............."In the week ending February 14, the advance figure for seasonally adjusted initial claims was 283,000, a decrease of 21,000 from the previous week's unrevised level of 304,000. The 4-week moving average was 283,250, a decrease of 6,500 from the previous week's unrevised average of 289,750." http://www.dol.gov/ui/data.pdf
----You are always using that Bush job loss number are you trying to say that the economy lost that many jobs during the two Bush terms?
You really don't know this? I though it was liberals who were the "low information" voters. You pretend on here that you know so much about the economy. From now on keep your ignorance to yourself. But I was wrong - I quoted 825k of private sector job losses under bushes eight years. I was 665 THOUSAND PRIVATE SECTOR JOB LOSSES UNDER GEORGE W. BUSH IN EIGHT YEARS. Now PUBLIC employment went up 1.75 MILLION for a net of 1.1 MILLION - ALL GOOBERMENT JOBS. GO DUBYA BO DUBYA GO DUBYA GO DUBYA GO. http://economistsview.typepad.com/ec...and-obama.html
--- You are one arrogant little prick--I am betting small man syndrome
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