Tuesday, November 02, 2010

Job Loss, USA

Most Americans are keenly aware of the horrible economic state of affairs the country is facing. However, there is a small group of people those with jobs and benefits — who don't think the economic outlook is as bad as some say. In addition, they don't understand that our problems are part of a larger and more systemic global economic problem that is just as impactful as what we experience directly at home. This essay is for such people to inform them of the dramatic changes that may suggest that the economy is not going to improve anytime soon.

On Thursday, Oct. 28, the pharmacy chain operator CVS Caremark announced it will eliminate 300 employees who work in customer support and other operations to reduce corporate costs. These job cuts will affect staffers across the country, but more than half are at the company's customer support center at its headquarters in Woonsocket, R.I.

Astoria, New York-based Home Services Systems Inc., a home care agency that provides 1,900 seniors across the city with personal care services such as feeding, cleaning and bathing, reported it may be forced to and lay off more than 2,000 home attendants by year's end after losing its long-standing contract with the city. The agency filed a notice with the state Labor Department on Oct. 14 that indicated 2,065 employees will be laid off as a result of the contract loss.

On Friday, Oct. 29, a report was leaked regarding plans for a large reduction in the workforce of the Savannah River Nuclear Solutions at the Savannah River Site in Aiken, S.C., by 2012, due to the completion of work under the American Recovery and Reinvestment Act. An internal memo details a phased workforce restructuring plan that would reduce the workforce by 1,400 employees, through a two-phased involuntary separation plan.

West Penn Allegheny Health System of Pittsburgh, Pa., announced that it also will be laying off employees. Four hundred workers will lose their jobs as part of an ongoing restructuring plan.

And states have had their own share of woes as well. New York Gov. David Paterson said he plans to lay off an additional 898 public employees by the end of the year.

I am just presenting this information to show people that it is bad and may even be getting worse. The sad truth is that this is not reported on television and it is beyond me why it isn’t. We all need to prepare ourselves for the future, because the economy will not be improving anytime soon.

7 comments:

Devona said...

"will eliminate 300 employees who work in customer support and other operations to reduce cost"

I'm wondering if CVS is not actually cutting the jobs, but outsourcing them overseas somewhere, especially the customer support center?

I think some corporations are deliberately not hiring people. I was reading an article that has stated many companies actually turned a profit this last quarter. It will probably increase due to the upcoming holidays. The article mentioned a company that isn't hiring because it can still make a billion dollar profit with 26,000 employees as they can with 14,000 employees. Some jobs aren't coming back.

Anonymous said...

Homeopathic medicine can be a healthy kind of healing!
[url=http://www.homeopathicdoctors.org/]homeopathic doctor[/url]

Anonymous said...

Homeopathic medicine is known as a organic kind of therapeutic!
[url=http://www.homeopathicdoctors.org/]constipation remedies[/url]

oakleyses said...

louis vuitton outlet online, michael kors outlet online, prada outlet, longchamp outlet, coach outlet, louis vuitton, jordan shoes, oakley sunglasses, polo ralph lauren outlet, oakley vault, michael kors outlet online, michael kors outlet store, ray ban sunglasses, christian louboutin shoes, kate spade handbags, coach outlet store online, tiffany and co jewelry, nike free, polo ralph lauren, michael kors outlet, louis vuitton handbags, prada handbags, nike shoes, longchamp outlet online, coach outlet, tiffany jewelry, chanel handbags, coach purses, kate spade outlet online, gucci handbags, red bottom shoes, christian louboutin outlet, true religion, michael kors outlet online, nike air max, ray ban outlet, nike air max, true religion outlet, longchamp handbags, louis vuitton outlet, christian louboutin, tory burch outlet, burberry outlet online, cheap oakley sunglasses, michael kors outlet online, burberry outlet online, louis vuitton outlet

oakleyses said...

ray ban pas cher, air max, michael kors canada, hermes pas cher, michael kors uk, air max pas cher, burberry pas cher, mulberry, nike roshe run, north face, air jordan, hollister, nike air max, sac michael kors, ray ban uk, louis vuitton uk, true religion jeans, tn pas cher, lacoste pas cher, new balance pas cher, ralph lauren pas cher, nike air force, lululemon, true religion outlet, longchamp pas cher, scarpe hogan, guess pas cher, oakley pas cher, vans pas cher, nike roshe, north face pas cher, timberland, louis vuitton pas cher, longchamp, nike free pas cher, barbour, ralph lauren, hollister, nike air max, nike blazer pas cher, sac vanessa bruno, chaussure louboutin, converse pas cher, louis vuitton, nike free, abercrombie and fitch, sac louis vuitton

oakleyses said...

instyler ionic styler, canada goose outlet, beats headphones, canada goose outlet, abercrombie and fitch, p90x workout, vans outlet, birkin bag, mac cosmetics, reebok shoes, wedding dresses, ugg outlet, soccer jerseys, soccer shoes, chi flat iron, longchamp, insanity workout, jimmy choo shoes, babyliss pro, roshe run, valentino shoes, nike huarache, nfl jerseys, north face jackets, herve leger, giuseppe zanotti, mont blanc pens, new balance outlet, north face outlet, celine handbags, canada goose outlet, hollister, rolex watches, mcm handbags, ugg soldes, ugg boots, marc jacobs outlet, uggs outlet, nike trainers, bottega veneta, canada goose, asics shoes, ugg, lululemon outlet, ferragamo shoes, ghd, uggs on sale

oakleyses said...

canada goose uk, coach outlet, hollister, swarovski jewelry, canada goose, canada goose pas cher, links of london uk, pandora charms, montre femme, karen millen, converse, moncler, moncler, moncler outlet, louis vuitton canada, uggs canada, ray ban, moncler, vans, louboutin, hollister canada, swarovski uk, timberland shoes, toms outlet, thomas sabo uk, juicy couture outlet, baseball bats, ugg, wedding dress, converse shoes, juicy couture outlet, pandora jewelry, canada goose, pandora uk, hollister clothing, supra shoes, ralph lauren, replica watches, moncler, nike air max, iphone 6 case, gucci, air max, oakley, parajumpers outlet, moncler, lancel, moncler