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Bidenomics is SOOOO GREAT, 4 MAJOR Ill Companies CLOSING/LAYING OFF THOUSANDS!!
Bidenomics is SOOOO GREAT, 4 MAJOR Ill Companies CLOSING/LAYING OFF THOUSANDS!!
By Beekeeper
4 Apr 2024 6:14 am in No Holds Barred Political Forum
4 Apr 2024 6:14 am
So where is the cheers now, ****???
Workers at factories in Illinois have been hit by mass layoffs and closures in recent months.
Since the start of 2024, four factories in Illinois have announced they will make more than 1,000 employees redundant due to manufacturing costs, revenue losses and the need to relocate operations. The Quaker Oats Company, Blommer Chocolate Company, Rivian and Monterey Mushrooms have all announced or enacted layoffs since January this year.
"The Quaker Oats Company announces that we are permanently closing our facility in Danville, Illinois," the company said in a statement. It cited the need for modernization and enhancements at the facility that would require it to be closed for an extended period of time. The company has opted to move production to other facilities instead of carrying out the necessary changes.
In late March, Blommer Chocolate Company notified state officials that the closure of its factory in Chicago's Fulton River District would result in 226 job losses as of May 31. A statement seen by the daily newspaper Chicago Sun-Times said the decision is down to the "location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
In February, electric car manufacturer Rivian announced 100 redundancies for workers at its assembly plant in Normal in January this year, amounting to 10 percent of its salaried workforce. The company reported a loss of $1.5 billion in the fourth quarter of last year, compared to a loss of about $1.7 billion during the same period of 2022.
"Our business is facing a challenging macroeconomic environment - including historically high interest rates and geopolitical uncertainty - and we need to make purposeful changes now to ensure our promising future," founder and chief executive R.J. Scaringe wrote in an email to staff, according to AB7 Chicago.
Workers at factories in Illinois have been hit by mass layoffs and closures in recent months.
Since the start of 2024, four factories in Illinois have announced they will make more than 1,000 employees redundant due to manufacturing costs, revenue losses and the need to relocate operations. The Quaker Oats Company, Blommer Chocolate Company, Rivian and Monterey Mushrooms have all announced or enacted layoffs since January this year.
"The Quaker Oats Company announces that we are permanently closing our facility in Danville, Illinois," the company said in a statement. It cited the need for modernization and enhancements at the facility that would require it to be closed for an extended period of time. The company has opted to move production to other facilities instead of carrying out the necessary changes.
In late March, Blommer Chocolate Company notified state officials that the closure of its factory in Chicago's Fulton River District would result in 226 job losses as of May 31. A statement seen by the daily newspaper Chicago Sun-Times said the decision is down to the "location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
In February, electric car manufacturer Rivian announced 100 redundancies for workers at its assembly plant in Normal in January this year, amounting to 10 percent of its salaried workforce. The company reported a loss of $1.5 billion in the fourth quarter of last year, compared to a loss of about $1.7 billion during the same period of 2022.
"Our business is facing a challenging macroeconomic environment - including historically high interest rates and geopolitical uncertainty - and we need to make purposeful changes now to ensure our promising future," founder and chief executive R.J. Scaringe wrote in an email to staff, according to AB7 Chicago.
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
4 Apr 2024 7:32 am
The company has opted to move production to other facilities instead of carrying out the necessary changes.Beekeeper » 04 Apr 2024, 6:14 am » wrote: ↑ So where is the cheers now, ****???
Workers at factories in Illinois have been hit by mass layoffs and closures in recent months.
Since the start of 2024, four factories in Illinois have announced they will make more than 1,000 employees redundant due to manufacturing costs, revenue losses and the need to relocate operations. The Quaker Oats Company, Blommer Chocolate Company, Rivian and Monterey Mushrooms have all announced or enacted layoffs since January this year.
"The Quaker Oats Company announces that we are permanently closing our facility in Danville, Illinois," the company said in a statement. It cited the need for modernization and enhancements at the facility that would require it to be closed for an extended period of time. The company has opted to move production to other facilities instead of carrying out the necessary changes.
In late March, Blommer Chocolate Company notified state officials that the closure of its factory in Chicago's Fulton River District would result in 226 job losses as of May 31. A statement seen by the daily newspaper Chicago Sun-Times said the decision is down to the "location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
In February, electric car manufacturer Rivian announced 100 redundancies for workers at its assembly plant in Normal in January this year, amounting to 10 percent of its salaried workforce. The company reported a loss of $1.5 billion in the fourth quarter of last year, compared to a loss of about $1.7 billion during the same period of 2022.
"Our business is facing a challenging macroeconomic environment - including historically high interest rates and geopolitical uncertainty - and we need to make purposeful changes now to ensure our promising future," founder and chief executive R.J. Scaringe wrote in an email to staff, according to AB7 Chicago.
."location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
Rivian is selling 100k electric pickups...that is not a very large market.
How does any of that contradict the economic data?
4 Apr 2024 7:39 am
Link???R.Suave » 04 Apr 2024, 7:32 am » wrote: ↑ The company has opted to move production to other facilities instead of carrying out the necessary changes.
."location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
Rivian is selling 100k electric pickups...that is not a very large market.
How does any of that contradict the economic data?
4 Apr 2024 7:57 am
R.Suave » 04 Apr 2024, 7:32 am » wrote: ↑ The company has opted to move production to other facilities instead of carrying out the necessary changes.
."location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
Rivian is selling 100k electric pickups...that is not a very large market.
How does any of that contradict the economic data?
In 2022 Rivian sold about 20,000 which was 60% of the market.
Seems like they are a significant player and what happens is a valid signal.
(a one second google search. You can do better...)
https://tailoredtrucks.com/blog/electri ... ales-2022/
Please seat yourself.
I like the very things you hate.
I like the very things you hate.
4 Apr 2024 8:01 am
"Compared to total pickup truck sales, EV trucks make up 1.8% of the total pickup trucks sold in the U.S. in 2022 and 2.3% of total sales revenue."DeezerShoove » 04 Apr 2024, 7:57 am » wrote: ↑ In 2022 Rivian sold about 20,000 which was 60% of the market.
Seems like they are a significant player and what happens is a valid signal.
(a one second google search. You can do better...)
https://tailoredtrucks.com/blog/electri ... ales-2022/
4 Apr 2024 8:01 am
Yeah, and why is that, dickhead?R.Suave » 04 Apr 2024, 7:32 am » wrote: ↑ The company has opted to move production to other facilities instead of carrying out the necessary changes.
."location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
Could it be the high taxes and high crime rate that liberal cities and states like Chicago and Illinois have experienced under your demented idiot's administration?
Report: Illinois losing people, jobs due to high taxes
17 Eyewitness News by: John Clark Jun 7, 2023
https://www.mystateline.com/news/local- ... igh-taxes/
POLL: JOHNSON’S $800M TAX HIKE LIKELY TO SPEED CHICAGO EXODUS
Illinois Policy by Patrick Andriesen MARCH 6, 2023
https://www.illinoispolicy.org/poll-joh ... go-exodus/
New polling shows more than one-third of Chicago voters would leave the city if they could, citing taxes and affordability as a top concern. Mayoral candidate Brandon Johnson’s $800 million tax hike could make them move out faster.
Chicago Ranks as Highest Taxed City in the Nation
Anngelli Abenes The Mortgage Expert, March 11, 2024
https://gustancho.com/chicago-ranks-as- ... axed-city/
Chicago sees highest crime year post-pandemic
Andrew Hensel, The Center Square November 15, 2023
https://chicagocrusader.com/chicago-see ... -pandemic/
Starting to get the picture now, dimwit?
4 Apr 2024 8:04 am
The first 2 paragraphs are from the citation, cretin.
4 Apr 2024 8:07 am
Zeet,Zeets2 » 04 Apr 2024, 8:01 am » wrote: ↑ Yeah, and why is that, dickhead?
Could it be the high taxes and high crime rate that liberal cities and states like Chicago and Illinois have experienced under your demented idiot's administration?
Starting to get the picture now, dimwit?
The reasons are stated in the citation.
**** imbecile.
4 Apr 2024 8:33 am
If that's the case, then why didn't they just build another facility in Chicago or fix the existing one, genius?R.Suave » 04 Apr 2024, 8:07 am » wrote: ↑ Zeet,
The reasons are stated in the citation.
**** imbecile.
Are you going to try to make the absurd claim that Chicago's high taxes and high crime rate were not a factor?
4 Apr 2024 8:39 am
So you have no link
4 Apr 2024 8:40 am
They explained that.Zeets2 » 04 Apr 2024, 8:33 am » wrote: ↑ If that's the case, then why didn't they just build another facility in Chicago or fix the existing one, genius?
Are you going to try to make the absurd claim that Chicago's high taxes and high crime rate were not a factor?
4 Apr 2024 8:40 am
You're a **** moron, Duck
Read the OP.
4 Apr 2024 8:43 am
I asked you
4 Apr 2024 8:49 am
Cherry picking stats is your game. Not mine.R.Suave » 04 Apr 2024, 8:01 am » wrote: ↑ "Compared to total pickup truck sales, EV trucks make up 1.8% of the total pickup trucks sold in the U.S. in 2022 and 2.3% of total sales revenue."
It is an entirely different market. Talk to pickup truck owners, you stupid asshole.
Please seat yourself.
I like the very things you hate.
I like the very things you hate.
4 Apr 2024 9:14 am
Beekeeper » 04 Apr 2024, 6:14 am » wrote: ↑ So where is the cheers now, ****???
Workers at factories in Illinois have been hit by mass layoffs and closures in recent months.
Since the start of 2024, four factories in Illinois have announced they will make more than 1,000 employees redundant due to manufacturing costs, revenue losses and the need to relocate operations. The Quaker Oats Company, Blommer Chocolate Company, Rivian and Monterey Mushrooms have all announced or enacted layoffs since January this year.
"The Quaker Oats Company announces that we are permanently closing our facility in Danville, Illinois," the company said in a statement. It cited the need for modernization and enhancements at the facility that would require it to be closed for an extended period of time. The company has opted to move production to other facilities instead of carrying out the necessary changes.
In late March, Blommer Chocolate Company notified state officials that the closure of its factory in Chicago's Fulton River District would result in 226 job losses as of May 31. A statement seen by the daily newspaper Chicago Sun-Times said the decision is down to the "location and age of the Chicago facility coupled with increasing repair and maintenance of the building and equipment has elevated operating costs and created production reliability issues."
In February, electric car manufacturer Rivian announced 100 redundancies for workers at its assembly plant in Normal in January this year, amounting to 10 percent of its salaried workforce. The company reported a loss of $1.5 billion in the fourth quarter of last year, compared to a loss of about $1.7 billion during the same period of 2022.
"Our business is facing a challenging macroeconomic environment - including historically high interest rates and geopolitical uncertainty - and we need to make purposeful changes now to ensure our promising future," founder and chief executive R.J. Scaringe wrote in an email to staff, according to AB7 Chicago.
I'm not seeing anything about the labor market or economic situation.
4 Apr 2024 9:17 am
Did you bother reading the least part of the article? No. Of course, you never do. You prefer to ask questions , then make an *** out of yourself for not reading it in the first place.
And I am not reposting what it says you disgusting lazy sack of ****.
Retarded Horse's view on women.
JohnEdgarSlowHorses » Today, 7:28 pm » wrote: ↑Today, 7:28 pm
JohnEdgarSlowHorses » Today, 7:28 pm » wrote: ↑Today, 7:28 pm
- I LOVE IT WHEN A CRACK WHORE GETS BEAT UP Image
- I WANT TO WATCH YOU BEAT YOUR CRACK WHORE WIFE Image Image Image
- PUT THAT WIFE BEATER ON AND GET BUSY
4 Apr 2024 2:22 pm
I quoted from it...Vegas » 04 Apr 2024, 9:17 am » wrote: ↑ Did you bother reading the least part of the article? No. Of course, you never do. You prefer to ask questions , then make an *** out of yourself for not reading it in the first place.
And I am not reposting what it says you disgusting lazy sack of ****.
**** moran.
The answer to my question is
"It doesn't....at all."
4 Apr 2024 2:23 pm
How is that "cherry picking" in response to you posting an out of context dollar amount?DeezerShoove » 04 Apr 2024, 8:49 am » wrote: ↑ Cherry picking stats is your game. Not mine.
It is an entirely different market. Talk to pickup truck owners, you stupid asshole.
4 Apr 2024 2:30 pm
R.Suave » 04 Apr 2024, 2:22 pm » wrote: ↑ I quoted from it...
**** moran.
The answer to my question is
"It doesn't....at all."
You didn't quote the last paragraph...no surprise. Cherry picking as always. Coward piece of ****.
Retarded Horse's view on women.
JohnEdgarSlowHorses » Today, 7:28 pm » wrote: ↑Today, 7:28 pm
JohnEdgarSlowHorses » Today, 7:28 pm » wrote: ↑Today, 7:28 pm
- I LOVE IT WHEN A CRACK WHORE GETS BEAT UP Image
- I WANT TO WATCH YOU BEAT YOUR CRACK WHORE WIFE Image Image Image
- PUT THAT WIFE BEATER ON AND GET BUSY
4 Apr 2024 3:06 pm
No, huh?OdeToJoy » 04 Apr 2024, 9:14 am » wrote: ↑ I'm not seeing anything about the labor market or economic situation.
Here are just a few:
Expedia
is cutting about 1,500 people..
Fisker
Said it would lay off 15% of its staff.
Instacart
Company is cutting about 250 employees
Morgan Stanley
The bank plans to cut hundreds of jobs
Nike
Said it would reduce its workforce by more than 1,600 people
Okta
The ID-software company is laying off 400 employees
Paramount Global
Parent of CBS PARA -9.36%decrease
Paramount Hollywood said it would lay off 800 people
Cisco Systems
Plans to cut 5% of its workforce
DocuSign
Said it would lay off about 6% of its workforce
Estée Lauder
Said it would cut 3,100 positions
Snap
Reducing workforce by 10%
Sony
Company will lay off about 900 employees
Warner Music
Said it would cut 600 employees,
Zoom
Company said it would cut 2% of its workforce.
Amazon
Is eliminating hundreds of jobs
BlackRock
Said it would layoff 600 employees
Citigroup
Said it would eliminate 20,000 jobs
Discord
The free messaging platform said it is cutting 17% of staff.
Google laid off hundreds in Jan. and more layoffs to come
EBay
Said it would lay off 1,000 employees
iRobot
Said it would cut 350 jobs
Macy’s
Said it is eliminating 2,350 positions
Microsoft
Is cutting 1,900 employees
PayPal
Company plans to trim 9% of its workforce
Salesforce
Company is laying off around 700 employees
Sports Illustrated
The sports publication announced major layoffs
United Parcel Service
The package-delivery giant plans to cut about 12,000 jobs
Unity Software
Said it would lay off 1,800 employees
Wayfair
Is laying off 1,650 employees
Xerox
Said it would trim workforce by 15%.
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