We're Losing More Jobs- Again
Printed From: MiddletownUSA.com
Category: Middletown Community
Forum Name: Middletown News, Info and Happenings
Forum Description: Discuss any Middletown Ohio area news story.
URL: http://www.middletownusa.com/forum/forum_posts.asp?TID=615
Printed Date: Oct 31 2024 at 8:38pm
Topic: We're Losing More Jobs- Again
Posted By: VietVet
Subject: We're Losing More Jobs- Again
Date Posted: Oct 21 2008 at 2:15pm
National City Bank- cutting 4000 jobs- don't know yet how it will affect this area. Didn't National City Bank purchase the old Fazoli's and are currently converting it back into a bank? Bet they stop that project now that the layoffs are pending. Atrium cutting jobs and re-structuring. Some people have already left due to the new changes. Seems like Atrium is having a staffing/operational problem since they moved to that shiny new building. They also cut retirees benefits to shaft the people who worked for them. Hope old Douggie McNeil is proud of himself as CEO of that cluster of an operation. Where's old Bill Murphy when we need him to help put this train back on the track, don't ya know! 
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Replies:
Posted By: spiderjohn
Date Posted: Oct 21 2008 at 3:51pm
| So--with the Dillard's/Towne Mall demise, the Lonestar/Fazoli's closings and now the Atrium downsizing, is there ANY net east end job growth this year? |
Posted By: Pacman
Date Posted: Oct 22 2008 at 7:18am
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Hey Spider what are you complaining about looks like we are gonna need at least 2 Housing Inspectors to take care of Inspecting 1662 homes each year. That is an economic boom in Middletown terms. Lets see 2 Inspectors 831 homes each, I don't know we may need 2.5 Inspectors..... holy crap we hit the Mother Lode in Job creation with this one.
Funny how we spend $13,300,000.00 on Section 8 each year, I know Mr. Marconi those are Fed Funds, and we only spend $160,000.00 per year on Economic Developement.
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Posted By: Pacman
Date Posted: Oct 25 2008 at 5:45pm
Looks like we now own National Bank and some of PNC. unfortunately:
"PNC Financial Services Group Inc. announced Friday it was acquiring National City Corp. for $5.58 billion, in what was the first instance of a bank using fresh investments from the bailout program to make an acquisition. PNC said it had received $7.7 billion in cash through selling stock to the government under the program."
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Posted By: John Beagle
Date Posted: Oct 27 2008 at 11:00am
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We are not losing any jobs at the city. Just re-alignment.
Well, its a start. ------------- http://www.johnbeagle.com/" rel="nofollow - John Beagle Middletown USA News of, for and by the people of Middletown, Ohio. |