Saturday, January 14, 2012

Massive store closing ! Food Lion to close 113 stores by itself ! Recovery summer is so long ago !


Delhaize America announced a number of key strategic decisions focused on strengthening the Food Lion
banner and positioning its U.S. business for success in its markets.  The following list represents the 126 store closings across the Food Lion, Bloom and Bottom Dollar Food banners.

http://d1pmybhtyfsbgv.cloudfront.net/Assets/Docs/corporate/Delhaize_America_Store_Closings.v-2-1-2948-0.pdf

and....

Novartis is cutting nearly 2,000 jobs in the United States ahead of the patent loss of top-selling blood pressure drug Diovan as it braces for tough market conditions and a slump in sales of another key drug.

http://www.cnbc.com//id/45983259

News that the Tillamook Cheese Factory will eliminate 50 positions has left the community for which it is named shocked and angry. 

Now, the rural hamlet known for its dairy farms and pastureland must figure out how to cope with the decision that will be felt by far more than the soon-to-be unemployed. 

"I think it's just going to have a profound impact," said Tillamook County Commissioner Tim Josi. "There are very few family wage jobs in Tillamook. It's going to have a ripple effect." 

The announcement to cut the positions came Thursday afternoon in a statement from the Tillamook County Creamery Association. The layoffs are expected to take place in the first or second week of February and are the result of the association moving packaging jobs to cut high transportation costs, said Harold Strunk, association president and CEO. 

http://www.oregonlive.com/business/index.ssf/2012/01/announcement_of_job_cuts_at_ti.html

The Batesville Casket Company is cutting 100 jobs, its entire second shift, starting in March.
FOX19 spoke with two employees facing pink slips who wanted to remain anonymous but say they were expecting the move.
"We all knew this day was coming we just didn't think it was coming this soon," says a 13-year veteran utility worker.
"I still got to go through the process of finding out where I'm at in seniority and whether I'll be there or not. It's still heartbreaking that I'm gonna lose all the people I've worked with," he says.
The company explained the cuts, "As part of our continuous process of maximizing production capabilities to meet the needs of our customers."
The company will shift a portion of its production between facilities in Batesville, IN and Manchester, TN. There will be a slight increase in the workforce for the Manchester plant but the net loss is about two percent of the company's entire North American workforce.
"It's never easy to make a decision like this, and we will support our associates throughout the process to help make the transition as smooth as possible," says Kim Dennis, president of Batesville.
"As longstanding members of the Batesville community, we continue to make investments in our manufacturing facilities and in innovative, growth-oriented products and services that give families more ways to honor their loved ones."
http://www.fox19.com/story/16519225/batesville-casket-company-cutting-2100-jobs

PremierWest Bank will close 11 bank branches by the end of April as a way to cut costs.
Customers will have their accounts consolidated into the closest branch.
The Medford, Ore.-based bank now has 44 branches, stretching from Portland to Elk Grove.
The bank has six branches in the Sacramento area. None of those branches are targeted to be closed.
PremierWest is closing five branches in Oregon and six branches in California.
The California closures are in Weed, Dunsmuir, Dorris, Tulelake, McCloud and Redding.
http://www.bizjournals.com/sacramento/news/2012/01/13/premierwest-cuts-branches-no-sacramento.html


To get an idea of how rampant cuts and closing are , just check out the postings for past couple of days for job layoffs and closings ! 

http://www.dailyjobcuts.com/

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