How Many Businesses Have Announced Closings or Layoffs Since Obama Won A Second Term?

by MIKE OPELKA November 10, 2012

Do elections have consequences? If you have been paying attention to the financial markets, you might think so. Wall Street has had two horrible days since President Obama won a second term.

However, stock prices are not the only thing taking a hit. It appears that the job market is also suffering. In the last 48 hours, the following major corporations have announced layoffs in America (links take you to news stories about the layoffs - with details from the companies):

  • Energizer - The St. Louis-based company said Thursday that it expects to shed about 1,500 employees. When finished, the restructuring should lead to $200 million in pretax yearly savings, Energizer said. It aims to have most of its restructuring steps finished by the end of September 2014.
  • Exide Technologies - Exide Technologies announced Thursday that it will be idling its lead-recycling operations in Laureldale and laying off 150 workers, effective no later than March 31.

FINISH at the BLAZE - click here


blog comments powered by Disqus

10 year FSM Anniversary

Not April Fools' Day: Indiana RFRA fight ratchets up after Christian pizza maker refuses to cater gay weddings

April 01, 2015  10:25 AM

Pizza at weddings does sound awesome.

Nutshelled nuts: How does this Ed Schultz RFRA must-see meltdown say it ALL? Here's how [video]

March 31, 2015  10:01 PM

What does Ed Schultz's snit fit reaction to being crushed by Heritage guest show? See what it nutshells (emphasis on nut).

'Activists' go on debt strike, stop paying on student loans for 'worthless' degrees

March 31, 2015  09:18 PM

Where is Obama with his "Student Bill of Rights"?

Here's the video Ed Schultz won't want you to see: THIS is what libs do when losing RFRA debate (and their minds)

March 31, 2015  08:41 PM

You have to see Ed Schultz's RFRA meltdown after he's crushed by Heritage guest.

Armed and fabulous NRA women shoot #NRAWhores hashtag full of holes

March 31, 2015  07:50 PM

NRA gigolos offer their full support.

FSM Archives

More in MUST READS ( 1 OF 25 ARTICLES )