Posts Tagged ‘layoffs’

It is not just business

April 23rd, 2013
By: Tim Heston

Troy Berg, president of Dane Manufacturing, a contract fabricator in rural Dane, Wis., attends equipment auctions not just to find a deal on equipment, but to learn. With success comes confidence and determination; with failure comes soul-searching, self-scrutiny and, quite often, unfiltered truth.

Berg has gotten quite a bit of truth. This morning, he told me of an auction visit in 2007 to a large fabricator on the West Coast. It was an unusual opportunity, because only half the shop was shuttered. He and other fabricators were in an idle portion of the shop full of lightly used, high-quality laser cutting machines, press brakes, and high-end material handling. The other half of the floor was still humming. Punch presses, lasers, and the buzz of welding arcs permeated the place.

Berg didn’t buy anything, but he did see a man in a blue maintenance shirt, and he walked over and introduced himself. They started chatting. Then Berg, like a true investigative reporter, dove in and asked the question: “So what the heck happened here?”

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Retirement: A quaint idea

January 31st, 2013
By: Vicki Bell

Don’t you just love it when you read an article on a major news site that makes you go, “Well, duh!” Such was the case today when I read a feature story on nbcnews.com about how fewer Americans count on retiring by 65 (unfortunately, the link to this article no longer works). As reported by the Bureau of Labor Statistics, the percentage of workers working beyond 65 has increased significantly from 1985’s low of 10 percent to 18.5 percent in 2012. My reaction is a result of seeing many of my peers among those who will be working until at least 70—some because they love what they do, but most out of necessity. (more...)

Stop the bloodletting

February 10th, 2010
By: Vicki Bell

Last month the Bureau of Labor Statistics (BLS) announced that December mass layoffs and initial unemployment claims were at the lowest levels since July 2008. Even if they are happening at a slower pace, layoffs continue and are having a devastating effect on workers, the economy, and companies' bottom lines.  (more...)