El Paso Company announces Layoffs (400 jobs)

[UpInArms]

http://www.kvia.com/Global/story.asp?S=2051263&nav=AbC0Osxw

The local job market is about to shrink by hundreds of positions. The latest layoff announcement comes from Electrolux. A total of about 800 assembly jobs with Electrolux Home Care Products will be lost by the end of September.

Some of those jobs are headed to Juarez, others are being outsourced elsewhere. Electrolux officials say employees were notified yesterday of the coming job losses, about 400 from this plant in the Lower Valley and another 400 from the Juarez plant.

The company says it is providing a number of services to employees to help them through this transition, including career counseling and assistance with job placement. Officials also say they are consolidating product assembly operations in Juarez. Injection molding or plastics jobs currently in El Paso will be out-sourced elsewhere.

...more...

and some more on Eletrolux:

http://www.pantagraph.com/stories/071704/bus_20040717001.shtml

Job cuts hit B-N plant

BLOOMINGTON -- The former Eureka Co. will operate with half its employees by the end of the year with 50 of the 850 employees being dismissed coming from the Bloomington headquarters at 807 N. Main St.

Electrolux Home Care Products North America announced its floor care division restructuring Friday. The company employs about 1,730 people in the United States and 250 in Bloomington. Electrolux has owned the former Eureka Co. since 1974.

<snip>

During its heyday in the mid-1940s, The Eureka Co. filled military contracts and employed as many as 3,000 people in the Twin Cities. By the early 1990s, the work force decreased to about 1,800 people.

About 200 of those jobs were sent from Bloomington to Juarez, Mexico, and El Paso, Texas, in 1990. Production in Bloomington ended altogether in January 2000 -- a move that eliminated another 360 jobs.

Most of job losses announced Friday will involve 400 production workers in Texas and another 400 in Mexico. Electrolux spokeswoman Kathy Luedke said an outplacement assistance program is established for workers of the two production plants.

...more...

[rooboy]

1. It's common for companies in a rapidly growing economy to cut jobs...

NOT

[Judi Lynn]

3. Dead right!

All the world's foremost authorities have known this for ages!


(Economics) Professor Irwin Corey.

[Mari333]

2. America, the new 3rd world country

and Bush's friends, the wealthy 1%, thank you for their short term profits and cheap labour outsourcing. You may now all eat cake.
Oh, and the oil company CEOs thank you for allowing them to make profits off of your dead sons and daughters in Iraq.

[luaneryder]

4. This looks to be the 5th or 6th

layoffs post in 24 hours or so. Someone tell me where the lots of wonderful jobs are that Snow promised. He didn't mention that jobs must be lost in order to generate new ones.

[UpInArms]

5. those jobs are

right around the corner, just on the cusp, in the next quarter, very soon, almost here, you'll get to see then when.....

[brokensymmetry]

6. You want jobs?

No problema! WalMart has an ongoing need for stockers and greeters! True, they're part time, minimum wage, no-benefit jobs, but what the hey, right?

And just the other day, I saw a sign up at a BBQ place for someone to bus tables. So the economy is just roaring ahead! :eyes:

[jmowreader]

7. He forgot to tell you they were in Vietnam

..