Compaines laying off due to Obama?

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  1. BrianJB

    BrianJB Well-Known Member

    I am sure many of you have read the many articles about companies doing layoffs since obama was reelected, please see here.

    But I have read many other articles about companies doing layoffs, and while I do think *some* of them are new, many of them have been laying people off for the last year, with no end in sight. Regardless of who was in office, I mean does anyone honestly think that if Romney won that RIM was going to quit laying people off?

    I am not siding with Obama, or Romney for that matter. I am a pretty moderate guy.

    I just want to know everyones opinions.

    Do you think that these companies are laying off due to Obama?, Or do you think they already had these plans set in motion, but some are upset about the election and are trying to scare people?

  2. jefboyardee

    jefboyardee Well-Known Member

    I believe the companies you refer to, and countless others, were trying to hold out hope, keeping their staffs intact on the assumption that (a) Romney would be elected and (b) the country could at least get on the road to recovery. But when it went the other way, all plans for future business growth, let alone just staying alive, are in complete jeopardy. I also believe that countless giant manufacturers will mysteriously move overseas in the middle of the night, having given up on trying to make a profit in this left-for-dead-country. I’d move too, if I knew any language besides Arizonan.
    dustwun77 likes this.
  3. BrianJB

    BrianJB Well-Known Member

  4. jefboyardee

    jefboyardee Well-Known Member

    RIM’s problems had nothing to do with the economy or the president – they were not keeping up with the the competition, just like Palm.

    And sure, a smattering of companies move overseas to cut costs, no matter who is president. But just hang on and see what happens next.

    I hope I’m wrong – to the point of looking stupid – about where we’re headed.
  5. ElasticNinja

    ElasticNinja Well-Known Member

  6. A.Nonymous

    A.Nonymous Well-Known Member

    A lot of the layoffs are being attributed to Obamacare. Right or wrong, companies believe that Obamacare is going to drive up their cost of doing business. So they are cutting back in order to stay profitable. Can't blame them for that though some people certainly will I'm sure.
  7. Bob Maxey

    Bob Maxey Well-Known Member

    I have read the stories as well.

    I do know of one company that has laid off their entire creative staff and for the time being, they are hiring freelancers. I am one of those freelancers that is working hard to heep his position, so I hope they do not lay me off to hire perminent people.

    Selfish, right?

    I also work for several local companies that are trying to avoid hiring people untill they know what is going to happen and if Obama is really going to do smething useful this time around.

    I have to admit it, but a slow ecconomy has been good for me in some cases. the comany saves money and I make more. Not sure how to parse that.
  8. saptech

    saptech Well-Known Member

    Most companies started laying off around 2007/2008 when the economy started sinking from the housing burst. I believe alot of them just took advantage of the situation to lay off during this time so they wouldn't look so bad, use the bad economy as an excuse.

    Also alot of buy-outs & mergers are a cause for layoffs.

    Now companies that are hiring are hiring people at lower wages and working them longer hours.
  9. cmybliss

    cmybliss Well-Known Member

    Every company my husband has worked for since 2000 has laid people off at this time of year. Really, they do it at the end of each quarter. It's their way of maximizing profits. Doesn't matter who's in office, as it was just as prevalent in his line of work during the Bush years.

    Just my 0.02
  10. jefboyardee

    jefboyardee Well-Known Member

  11. A.Nonymous

    A.Nonymous Well-Known Member

    None if this matters because businesses will cheerfully take the hit right in their bottom line. Profits are evil.
    dustwun77 likes this.
  12. jayjay1122

    jayjay1122 Well-Known Member

    Your 0.02 is worth a little more than you give yourself credit for. I have seen similar behavior and I have actually been with the same company since 2001.

    My company has been laying off people, quarterly, in the name of Lean Management. It'd have more credibility if they knew the realities of Lean Management, but they don't.

    It is like clockwork, we see the irrational projections they tell "the street" and then a few months later there is a down-sizing. You could set a seasonal watch by it.
  13. A.Nonymous

    A.Nonymous Well-Known Member

    I'm now running into some of these stories not just in the news, but anecdotally. I've crossed paths with a number of people recently who have lost their jobs or had their hours cut and their management has told them directly that it's because of Obamacare. The next year or so will tell us definitively how much of impact Obamacare will have.
  14. cjr72

    cjr72 Well-Known Member

    "Let me explain to you how this works: you see, the corporations finance Team America, and then Team America goes out... and the corporations sit there in their... in their corporation buildings, and... and, and see, they're all corporation-y... and they make money." :p
  15. A.Nonymous

    A.Nonymous Well-Known Member

    Denny's announced they are raising prices 5% and cutting back on employees hours as well in response to Obamacare. Why won't companies just take the hit on the bottom line like they're supposed to? It makes no sense.
    dustwun77 likes this.
  16. saptech

    saptech Well-Known Member

    Yes Obamacare is a good reason to use for layoffs. I remember before Obamacare became, companies used the housing bust to start laying off around 2007. What's next I wonder???
  17. cmybliss

    cmybliss Well-Known Member

    They'd rather have their employees come to work sick and hacking all over the food and customers than reallocate a few cents from every order for health care. I saw a piece on Papa John's that estimated it would be about 0.15 per pie. Just so you know where a lot of these guys are coming from, most of them donated money to the Romney campaign.
  18. Bob Maxey

    Bob Maxey Well-Known Member

    That is why they exist.

    To make money.

    That is why you likely have a job, made possible by a for-profit company. You have a phone, computer, car, apartment/house, food and clothing. Made by evil manufacturers and landlords so you do not live in a cardboard box

    Incidentally, also made by a for-profit cmpany.

    I am a for profit company, so you can hate me if you wish.
    dustwun77 likes this.
  19. Bob Maxey

    Bob Maxey Well-Known Member

    You might take a look at this:

    How Much Is The Obamacare Mandate Going To Cost You? - Forbes

    Lots of questions about exactly what it will cost you and me. We will know when we know and my guess is many will not like the invoices they get.

    I have heard as much as 2500.00 per person. I do know the IRS has hired lots of people and some say this is to collect the "free" health care. I am no longer sure what will happen. I am still bothered that those that voted for the bill did not read the 2500 or so page document. Ticks me off.

    As for donating to Romney, so what does that mean exactly? I donated as did many I know. So what?

    I can guess that lots of rich people will find a way around the laws and the bottom line is this: we will pay vast amounts of money for a system we might never get rid of. Like the IRS, it will likely control the lives of many people.

    And we have almost 4 more years to see what else obama has up his sleeves.

    Here is another look: Here Are The New Taxes You
    dustwun77 likes this.
  20. cjr72

    cjr72 Well-Known Member

    No hate from me. I was just quoting a line from a comedy that a post here reminded me of.
  21. A.Nonymous

    A.Nonymous Well-Known Member

    That's the thing though. If companies raise prices or cut hours, they are evil. I talked with someone on another forum who said that corporations who raise prices or cut employees hours are "greedy." However, the person demanding free healthcare that someone else will have to pay for is not greedy at all.
    rabernet likes this.
  22. cmybliss

    cmybliss Well-Known Member

    Here's the thing. I don't mind a small rise in prices if it allows people to have health care. The current system is broken. When a parent can't buy health insurance for their child because of a preexisting condition, that's wrong. I don't think the majority of people want free health care, they want affordable health care. Besides the fact that there's really no such thing as free health care because even if you're talking about government run, you're paying for it.
  23. A.Nonymous

    A.Nonymous Well-Known Member

    I don't disagree with you that the majority of people want affordable and not free health care. That's not what Obamacare is doing though. It's not aimed at bringing the cost of healthcare down, it's aimed at forcing everyone to have healthcare.
    jayjay1122, dustwun77 and rabernet like this.
  24. rabernet

    rabernet Well-Known Member

    Are you aware about this part of Obamacare when it comes to pre-existing conditions? It's part of the plan that Pelosi said we'd just have to learn about after it passed. :rolleyes:

    I am lower middle class. I am fiscally conservative - and what's happening now, is not surprising. Obama's house of cards is beginning to fall down all around him. I happen to NOT view big business as evil or greedy. They are the job makers. Why WOULDN'T they take their business elsewhere when Obama has made it so hostile for them?

    I applaud what the Denny's owner, Papa Johns, Applebee's et al is doing. Those who voted for Obama this time around for their "free ride" (and his creation of even more people dependent on government was really quite brilliant for his re-election), really need to SEE the impact of what Obamacare and this Administration is really costing us. Of course, it will be spun by the media (love that ABC was laughing about the loss of 18,500 jobs this morning with the announcement of the closure of Hostess - but I regress) that these businesses are evil. Who's going to be evil and at fault when the unemployment rate climbs higher and higher? Oh right - Bush...keep forgetting everything is his fault......

    Here are two articles that articulate how I feel very well.
  25. ElasticNinja

    ElasticNinja Well-Known Member

    I have said this before, I think placing the full, ridiculously high cost of American healthcare onto employers is a shitty idea.

    However, if one claims to be fiscally conservative and knows their stuff, by rights they should support Universal Healthcare (=/= obamacare btw). It basically costs everyone a lot less as its far more efficient. If the healthcare system that exists in Germany was enacted right now in America, with the same efficiencies, and with the federal government giving states a responsibility to negotiate with insurers as happens in DE, the about 70-80% of American health spend would be covered by what the federal and state governments spend right now. And businesses and individuals would have a massive burden lifted off their shoulders.

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