Showing posts with label layoffs. Show all posts
Showing posts with label layoffs. Show all posts

Saturday, November 10, 2012

Coal Company CEO Announces Layoffs and Reads a Prayer for Forgivness.

  • This just after the reelection.
An excerpt from the news report;
For the chairman and chief executive of Murray Energy, an Ohio-based coal company, the reelection of President Obama was no cause for celebration. It was a time for prayer — and layoffs.
Robert E. Murray read a prayer to a group of company staff members on the day after the election, lamenting the direction of the country and asking: “Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build.”
  • There will be more to come from all employers, big and small nationwide.
  • What's really sad, these folks want to work.
  • They have homes, family, plans for the future.
  • An evil spell is passing through our great country.
More to read, (be sure to read the CEO's prayer) in the WASHINGTON POST by Steven Mufson.

Thursday, August 30, 2012

California's City Bankruptcy Policy to Date, Is Layoffs, No Cutting Excessive Pensions.

  • The California cities reducing police and fire protection, but not considering re-evaluation of these well known government union excessive pension benefits.
  • Pensions should be just enough to enjoy your retirement, not a continuation of salary at retirement plus medical, this is out of control. Probably sneaked through and these lawmakers who signed off on it are no longer there to take some questions from the tax payers.
An excellent report on what can happen here in California. Read it here in the CALIFORNIA POLITICAL REVIEW by Troy Anderson.