Chicago Tribune:
More than 20 companies alerted the state in March that they plan plant closure or "mass" layoffs, putting nearly 2,500 workers out of work.
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If the biggest firms in Chicago ,are telling you, that there will be massive layoffs, have the new governor get ready financially for it. Stop waiting for the last shoe to drop. Get ready. Thank You, Sincerely bigmikecraft
And there is an RR Donnelley office on the list...
Meanwhile, on April 1st RR Donnelley "announced a regular quarterly dividend of 26 cents per common share".
http://www.rrdonnelley.com/wwwwRRD1/News/PressReleasesDoc.asp?RequestID=1272320).
You can make a lot of money, throwing Americans out of work and onto the street.
Sure, I can say that without fear of being overly "anti-corporate", and not only because companies can lay off and turn a profit doing so. You see, RR Donnelley offers business process outsourcing as a service.
How nice of them: They can not only turn a profit laying off internally, they can make money helping you to lay off too!
Ain't business great? You don't have to be moral, ethical, loyal..or any of those things that you can use as an excuse to fire an employee who looks to be healthy enough to live past retirement age.
I saw BP America on that layoff list.
Given that the....ummm...marvelous things that were done with energy prices provided the trigger event that tipped the borderline homeowners over the edge, I personally would prohibit them from laying off, even if it took a bureaucratic move designed to make it more costly for them to lay off than to keep those employees.
But me, I don't play nice-nice with people who put profit before my nation.
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Chicago Tribune | Becky Yerak | 04/ 6/09