The Layoffs Begin

Breitbart.com is reporting that Boeing has announced a 30 percent cut in managerial positions in the company.

The article reports:

Boeing says the cuts are not part of the president’s $500 billion in defense cuts, set to take effect in January 2013. But this is hard to believe, particularly since other defense contractors, like Lockheed Martin, have been warning that the president’s military cuts were going to lead to job losses in defense.

In fact, in September, Lockheed Martin and other defense contractors were threatening to go ahead and lay their workers off before the election so voters could see the impact of Obama’s cuts, but Obama’s team talked them out of it. At the time, the Obama administration told them it would be “inappropriate” to lay the workers off ahead of the election.

Yesterday KSL.com reported that West Ridge Mine has laid off 102 employees as a result of the re-election of President Obama.

The article reports:

In its statement, UtahAmerican Energy blames the Obama administration for instituting policies that will close down “204 American coal-fired power plants by 2014″ and for drastically reducing the market for coal.

“There is nowhere to sell our coal, and when we can, the market prices are far lower,” the statement said. “Without markets, there can be no coal mines and no coal jobs.”

Let’s hope that as the war on coal continues that at least we will be able to develop other domestic energy resources through fracking.

There is a list of layoffs at The Blaze. They include such companies as Westinghouse, the Providence Journal, Energizer, Research in Motion Limited (manufactures Blackberry smartphones), Lightyear Network Solutions, Hawker Beechcraft, CVPH Medical Center, U.S. Cellular, Momentive Performance Materials, Pratt & Whitney Rocketdyne, Vestas Wind Systems A/S (VWS), Husqvarna AB (HUSQB), Center for Hospice and Palliative Care, Bristol-Myers Squibb, Oce North America, Inc., Darden Restaurants, and United Blood Services Gulf South region. Follow the link to the article to see the additional companies laying people off. The website has updated the story.

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