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

Garry Kasparov: No, Obama isn't like a champion chess player

July 26, 2014  02:49 PM

Checkmate!

Résumé builder? This is how much #FightFor15 wants to screw over minimum wage workers [pics]

July 26, 2014  01:54 PM

What do we want? Arrest records! When do we want 'em? Now!

'HOW MUCH TOOTHPASTE DO YOU NEED?!' Dem Rep. Barbara Lee attempts to #LiveTheWage

July 26, 2014  12:01 PM

"You are either a ridiculous liar or the worst grocery shopper in the history of ever."

#LiveTheWage: Rep. Tim Ryan takes minimum wage challenge

July 25, 2014  11:34 PM

Maybe it's time to sign up for the Ohio Food Assistance Program.

RedState's Dan McLaughlin takes on New Republic's Brian Beutler over Obamacare 'intent'

July 25, 2014  09:36 PM

It's time to pop some popcorn.

FSM Archives

More in MUST READS ( 1 OF 25 ARTICLES )