FINANCIAL MELTDOWN - WV Lay-Offs And Closings

(11/22/2008)

West Virginia, not unlike many states, has already experienced tens of thousands of jobs, both low-paying and high-paying, lost to the globalized economy. Now comes job loss linked to the national economic collapse. This week, two major employers in West Virginia, Toyota and Bayer MaterialSciences, announced job cuts. Toyota will be letting go 120 temporary employees at the company's Buffalo plant in Putnam County. Bayer MaterialSciences in Marshall County is cutting 70 jobs from its New Martinsville facility. Economists are predicting at least a 10,000 job losses in WV in 2009. Ninety-three employees are now out of work at Mountaineer Casino, Racetrack & Resort in Chester. The company has a total of 2,076 workers. Revenues from slot machines fell by $4 million in the third quarter. A Parkersburg Dodge dealership has reportedly closed. Mullen Motors Dodge closed its' doors Thursday, one of hundreds of auto dealerships closing across the USA.

Hur Herald ®from Sunny Cal The information on these pages, to the extent the law allows, remains the exclusive property of Bob Weaver and Dianne Weaver The Hur Herald. All information may be freely used but must not be sold or used in any type of commercial endeavor, or used on any web site without the express permission of the owners ©Bob and Dianne Weaver, The Hur Herald, 1999, 2000, 2001