January 14, 2009
By Alyssa Williams,
Below are some of the notable and high profile job losses announced during the past six months.
Hynix Semiconductor - 1,400 jobs
Hewlett-Packard - 300 jobs
Milwaukie Affiliated Computer Services – 285 jobs,
Qwest – 101 jobs
Tektronix - 150 jobs
Con-Way Inc.- 88 jobs
DHL Express – 140 jobs
Boise Inc., (St. Helens mill) – 300 jobs
OMSI - 20 jobs
Evraz Oregon Steel Pipe Mill – 130 jobs
Note: Layoffs are not always a sign of trouble, but rather a businesses ability to adapt and make difficult decisions in tough times.
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This down economy certainly is putting many people, many families, in a bad position. Most have not diversified their income and developed a significant second income stream, and when something happens to their main source of income, they are in dire straits.
Passive residual income is the one I’ve found to be the best way to go for that. Also greatly helpful is to find ways to eliminate debt (mortgages, credit cards, auto loans, etc) and pay them off as soon as possible. I’ve learned how to do that, and now I share with and educate others. A wonderful thing to be a blessing, to help, to be responsive and be a benefit to others in unique life-impacting ways.
Be well,
Steve