Jobs Summit Features Execs Who Have Cut Many Jobs

[DainBramaged]

In addition to labor leaders, economists and think-tank sorts, the attendees included business leaders from AT&T (where 12,000 jobs were cut a year ago and about 4,600 this year), Boeing Co. (where 6,212 net jobs have been eliminated since November 2008), AstraZeneca (6,000 cuts this year and 1,400 last year), American Airlines (which laid off 6,800 last summer and more workers in October), Home Depot (which announced 7,000 jobs cuts in January), Dow (which cut 5,000 last December), U.S. Steel (3,500 cuts in North America), Xerox (3,000 jobs cut this year), Disney (which eliminated 1,900 jobs in the first quarter), and Dow Corning Corp. (which cut 800 workers globally earlier this year).

An unvarnished and telling moment of the summit came as Carol Browner, assistant to the president for energy and climate-change policy, waited for participants to filter in to a session on "green" jobs. "How's your business?" she asked the first arrival, Ronald Saxton of Jeld-Wen, which makes energy-efficient windows.

"Not very good," he replied.


http://www.sphere.com/2009/12/03/jobs-summit-features-execs-who-have-cut-many-jobs/

[Go2Peace]

1. Doesn't that just show the hypocrisy and madness of our current economic leaders?

So they treat people like cattle, and then they come back and try to act like they really care about people's lives and jobs. I suppose it makes them *feel* better, in a weird psychotic kind of way?

[FrenchieCat]

2. That was part of the fucking point.

To get them to start rehiring.

[saracat]

5. To bad we don't have an FDR Federal Jobs program and are relying on the

"private sector" .

[AllentownJake]

6. Imagine that idea

Or real regulation on financial institutions forcing them to act like....financial institutions instead of casinos.

[saracat]

7. yeah far better this Bernanke idea to abolish Social Security and Medicare

Thats the way to stimulate the economy! Glad they are on the job!:sarcasm: tirelessly working for the little people.Remind me why Obama wants this jerk?????

[AllentownJake]

8. Yep a Democratic President

Is appointing a Federal Reserve Chairman that FDR would have found the strength to stand up and slap in the face.

[saracat]

9. But, but...... some say Obama is just like FDR.Fat chance!

I am so angered by that limited funding for the jobless remark made by the pres today i could just spit and some wanna talk about recycled WH Christmas ornaments as setting a good example! Firing the econ team would be setting a good example.

[AllentownJake]

10. I hope the Senate in a mixture of politics, scapegoating, and principle

Rejects Ben Bernake, the only thing they seem to understand is political losses.

[saracat]

13. Sometimes it seems the only way we accomplish anything is by accident.

I have a friend in the WH who constantly reminds me that the pols aren't very "deep' on either side of the aisle and a lot of what people think is strategy is just "sh*t happening".They remind me that this is the "government" which actually has little to do with governing, and my interpetation, eveything to do with reelection.

[AllentownJake]

15. You and I are quasi-insiders

Which makes it even funnier when other people explain to us how things work.

[waterscalm]

16. Just prior to the meet up, the WH was 'cool" to the idea of more government

jobs and said it wanted to rely on the private sector.

[Jim Sagle]

3. Don't worry, the jobs will come. There'll be pie in the sky, by and by.

:-)

[AllentownJake]

4. My Mayor was there

I'll be able to tell by his body language what he actually thinks, won't post it on here, because he's a friend, but I've learned his tells after 2 years of knowing him.

[Donnachaidh]

12. I thought I heard that Obama is going to be in YOUR town today Jake

Got any plans to try to see this particular photo-op?

[AllentownJake]

14. If I was a less nobel being

I'd post a few things. I'm going to keep some personal stories of this week to myself though.

I'm going to the Theater I work at part-time, tonight is the opening of A Christmas Carol. A fitting play for this current society.

I will not be attending any events, and that is a choice I have made.

[Better Today]

11. It is all very frustrating. I've really tried to keep a stiff upper lip as I've

watched my savings disappear, my credit extend into the 10s of thousands just to pay the bills, which of course brings on another bill. It's been over a year. . . no jobs, no biz projects. I'm at my wits end and I just don't see how this summit is likely to get anything done. Obama needs to take this by the horns and DO SOMETHING for Main St. NOW, not in few months or years.

Until Main Street recovers and people have some disposable income, we're all screwed, imo.