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We're Losing More Jobs- Again

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VietVet View Drop Down
MUSA Council
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Joined: May 15 2008
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Points: 7008
Post Options Post Options   Thanks (0) Thanks(0)   Quote VietVet Quote  Post ReplyReply Direct Link To This Post Topic: We're Losing More Jobs- Again
    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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spiderjohn View Drop Down
Prominent MUSA Citizen
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Joined: Jul 01 2007
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Post Options Post Options   Thanks (0) Thanks(0)   Quote spiderjohn Quote  Post ReplyReply Direct Link To This Post 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?
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Pacman View Drop Down
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Joined: Jun 02 2007
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Oct 22 2008 at 7:18am
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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Pacman View Drop Down
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Joined: Jun 02 2007
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Oct 25 2008 at 5:45pm
Looks like we now own National Bank and some of PNC.Big%20smile 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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John Beagle View Drop Down
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Joined: Apr 23 2007
Location: Middletown
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Post Options Post Options   Thanks (0) Thanks(0)   Quote John Beagle Quote  Post ReplyReply Direct Link To This Post Posted: Oct 27 2008 at 11:00am
We are not losing any jobs at the city. Just re-alignment.
 
Well, its a start.
John Beagle

Middletown USA

News of, for and by the people of Middletown, Ohio.
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