Prepare For MASSIVE Wage Cuts moving into the Digital Age......
Quincy Medical Center is eliminating 14 jobs and asking its 1,200 employees to take a 3 percent pay cut in an effort to cut expenses by $4.5 million by the end of the year.
The cost-cutting measures are needed because inpatient volume has declined 5 percent compared with the same time a year ago, CEO Dr. Gary Gibbons said.
“People aren’t going for elective surgery,” Gibbons said. “They’re putting off a lot of the medical care they’d otherwise get.”
We simply don't need as many people to work in a digital environment.......we can close bank branches as we are driven to bank online, close video stores as we obtain movies online, shutter post offices as we text and eMail.....we don't need massive local government infastructure in a digital age.....we can close at least half of the current retail space as more and more of us get in the habbit of purchasing online.
There will be opportunities in the Digital Age.....but much of the Industrial Age as we know it will be shutting down over the next few years....and most of the existing legal contracts out there right now deal with industrial age relationships.
There will be a lot of tension going foward as government, business, and families adjust.......let's hope that cooler heads prevail as stress rises.
Stanislaus County Ca - Pay Cuts, Furloughs, Layoffs all on the Table
Textron Inc - 350
Quincy Medical Center - 14 and Asking 1,200 to take pay cuts
City of Oklahoma - 37
Memphis Tenn. City Gov. - 500 possible
The Sylvan Schools Ca - 50
The San Juan Unified School District - 616 Job Cut Notices
Dearborn Michigan School Teachers - Fewer than 60 do to Retirements
First Community Bank NM - 25
Luxottica Retail in West Chester - 80
TFE Logistics Group Retail Convergence Inc Kentucky - 92
Cerwydden Care Centre ( International ) - 65
Broward Public Schools - Layoffs / Furlough Possible
SAS Scandinavian Airlines ( International ) - 650
Palm Harbor Homes Inc in Albmarle - 110 Layoffs
The City of Coolidge Has Lost 4 Businesses in 2 months - Dominos , Quiznos, Blockbuster and Tate’s East Valley Ford
The Crossing Casino in Fort Mohave by end of Feb - 29 Jobs Lost
Liquidation World in Spokane Valley
Optimum Natural Foods in north Napa
Diamond company Hearts on Fire - 120 Possible Store Closures
The Disney Store at CoolSprings Galleria by Feb 21
Axient Research in Little Rock
Twin Rivers Foods plant in Neosho MO - 485 Jobs Lost
2 County Sweet Chicken and Ribs in Rochester
Tropical Shipping to close Port of Palm Beach Warehouse on April 2 -24+ layoffs
Fraunces Tavern NY
Mr Movies in Sioux City