Thursday, April 16, 2009

Economy Tanking All Over....Again

So today is Thursday April 16th, 2009 and here is what is happening in my neck of the woods and it ain't pretty...

-Four of my former co workers got laid off yesterday at the hotel in Racine that I worked at for over 10 years. Most of those people had also been there for close to that long, some even longer. (Nothing personal they were told...it is just the economy)

-Briggs and Stratton reports a 35% drop in profits
http://www.jsonline.com/news/wisconsin/43091592.html


-With earnings down, Harley Davidson is set to cut more jobs (the 2nd cut in the last few months)
http://www.jsonline.com/news/wisconsin/43090407.html

-Mayfair Mall in Milwaukee: The operator (the nation's 2nd largest mall operator) of the mall is filing for bankruptcy
http://hosted.ap.org/dynamic/stories/G/GENERAL_GROWTH_PROPERTIES_BANKRUPTCY?SITE=WIMIL&SECTION=HOME&TEMPLATE=DEFAULT

The beat goes on and on......

No comments:

Post a Comment