Within hours of President Obama's re-election, companies both large and small across the country began announcing major layoffs, along with store and plant closings.
All of the new taxes associated with Obamacare are forcing business owners to make a decision to either keep their workforce at current levels and surrender a third of their gross profits to the federal government, or reduce the number of full-time employees and stay in business.
Unfortunately, massive layoffs have become a weekly occurrence as companies begin to cope with the harsh realities of a second Obama term.
Despite the false, cheery rhetoric coming from both the Obama administration and their surrogates in the mainstream press, the labor pool is smaller today than it was 30 years ago and continues to shrink.
The following is a list of the companies that have announced the largest layoffs between Mar. 11-15:
PVH Corp. (900-1,000 jobs)
Tobyhanna Army Depot (418 jobs)
Baxter International Inc. (400 jobs)
Entertainment Books (400 jobs)
Continental Maritime (185 jobs)
ClearEdge Power (170 jobs)
Pitney Bowes (137 jobs)
Idaho National Laboratory (101 jobs)
Marriott International Inc. (100+ jobs)
Green Mountain Coffee Roasters Inc. (74 jobs)
Check back next week for another installment of the economic news the mainstream media will not tell you.
Related articles:
The worst layoffs (Mar. 4-9)
The worst layoffs (Feb. 25-Mar. 1)
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