Wednesday, December 05, 2012

The Obama Economy: Layoffs And Business Closings - December 5, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on December 5, 2012.

Layoff Reports: December 5, 2012


Citigroup Inc will eliminate 11,000 jobs worldwide

South Central Kansas Medical Center lays off workers, blames Obamacare

Danville City Schools announces up to 70 layoffs

Oscar and Emmy award Maker To Lay Off 95 By Dec. 17

Georgia Health Sciences University Announces layoffs

Updated- College of the Redwoods Board of Trustees Approve layoffs


Business Closing Reports: December 5, 2012


Bank of America closing downtown Rock Hill branch - (Note- BoA recently announced plans to close up to 750 locations over the next few years. Since 2011, Bank of America has closed about 260 locations)

CitiGroup- 84 branches closing, 44 in the US, 11,000 Jobs Cut

Media24 to close Sports Illustrated

Danville City Schools to Close 3 schools

Victim of the economy: Country Porch Creations to close

I.C. System leaving Mason City, idling 95 employees

2 Clawson MI Eateries Close Up, Dunkin' Donuts and Great Sport Coffee

PNC Bank to close its West Main Street branch in Springfield Ohio

Landmark Banshee restaurant still closed, windows papered over

Towne Auction Sales in Colchester CT Closing

Texon International plant in Russell will close on December 21

Carman's Country Kitchen Closing

Dante Company in The Courtyard is closing its doors Dec. 31


Layoff Mania pieces here.
Obama Economy pieces here.