Where do you get your news? I will be the first to admit it, my news source comes from only a few places; NPR, Jon Stewart, and a few career management associations. Odd sources one may say but one may say lots of things.
With this said, it would not be a surprise to know I watched President Obama last night on comedy central. Unfortunately, nothing new came out of this news… when is the right time to say ENOUGH of the rhetoric and the twisting of the facts.
During last night’s broadcast, the audience was informed about how the job market has been improving and how the economy has made positive stands over the past year. Come to think of it, the only message I heard last night was how the past 18 months have been good, not great, but good enough… here is the word enough once again.
If the economy and employment situation is improving, why are we in such pain? Maybe it’s time our politicians get out of the election mode and get into the reality mode… just a thought. With this in mind, I did a bit of reading and crossed upon an article entitled the Outplacement Report.
If anyone is wondering about the word “Outplacement,” that’s a nice way to say terminated. According to the AIRS Outplacement Report, Sept. 27, 2010, things may not be as promising as the president you elected claims. Let’s take a stroll down a road called tomorrow’s terminated:
Sara Lee Corporation is scaling back its ancillary business units to focus on its core food and beverage business. The company, which as part of the plan is exiting its household and body care businesses, will eliminate 390 redundant jobs in Europe over the next several years.
University of California, Berkeley will eliminate approximately 200 jobs early next year to reduce expenses. The job cuts will be achieved through a combination of attrition, retirements, voluntary separations, and layoffs. UC Berkeley has already eliminated 600 jobs since last year.
Cessna Aircraft Company will cut another 700 jobs. The company seeks to restructure its processes and reduce costs in order to remain competitive.
Boston Medical Center is facing losses projected to reach $117 million, and will eliminate 119 positions. The layoffs include 44 nurses and 30 management staff.
Abbott Laboratories will cut approximately 3,000 jobs as it completes its acquisition of Solvay SA’s pharmaceutical unit. Most of the job cuts will take place in Europe and affect manufacturing, research and development, staff functions, and commercial operations.
FedEx will combine freight and less than-truckload operations starting in January. In the process, the company will eliminate 1,700 jobs and close approximately 100 facilities. FedEx is responding to quarterly earnings, which fell short of analysts’ estimates.
On this note, gonna call it a day as it’s time for another dose of news and Jon Stewart is about to begin… besides, I’ve had enough of the political ads promising change (does anyone out there really believe the talk?).
Danny Huffman, MA, CEIP, CPCC, CPRW
Education Career Services, LLC