How Many Pancakes Can 1/2 The Country Eat?
At this rate, it will not be long before 1/2 the country is unemployed with lots of time to eat pancakes.....
Big layoff today caps months of staff reductions at US Fidelis
US Fidelis, which has billed itself as the nation’s leading seller of extended auto-service contracts, today laid off scores of employees at its sprawling St. Charles County call center.
The staff reductions are the latest in a series of cut backs that have halved staffing levels since April, when company Chief Executive Chris Riley described the firm as “an 1,100 employee company and the second largest employer in Wentzville.”
US Fidelis now employs about 500 people.
It is not clear how many people lost their jobs today. The company says it laid-off about 15 to 20 percent of its staff. Most of those let go worked in sales and were paid commissions, according to a company statement.
The week of Dec. 7, rumors began circulating that Verari was shutting its doors. On Dec. 10, a Website called VerariAlumni.com was created, initially saying that the company was closing. That has since been changed to talk about a restructuring.
As of Dec. 14, 83 Verari employees had signed up on the networking site.
In addition, an employee calling himself VerariGuy has been posting messages on Twitter about the company. In one post, he said that at peak, about 300 people worked at Verari, but that that number had dropped to 225.
Smurfit-Stone Container Corp. said Monday it plans to close its mills in Ontonagon, Mich., and Missoula, Mont., affecting 600 workers.
NOTHING IS IMMUNE FROM THE ZOMBULATOR............
Louisiana Higher Education Cuts Will Go Deep
Kansas City University Medical Center and Hospital Feels Pinch of Budget Cuts
AT SOME POINT......THERE IS SIMPLY NOTHING LEFT TO CUT..............................