The worker cutbacks, primarily in the automation business, amounted to more than 9percentt of the 41,000 Rockwell employees not in the semiconductor business.
The staff reductions, which equal 16% of the section's employees, follows the announcement in November of planned worker cutbacks at Citicorp's consumer banking division.
For the workers themselves, though, cutbacks are potentially devastating.
Once again, government reduced workers, driven by cutbacks at the local level.
Back at the plant, at the change of shifts today, workers blamed the cutbacks on everything from politics to globalism.
He became incensed when, a few days after Harvard announced that it had paid its money managers more than $100 million, it cut 10 library workers citing budgetary cutbacks.
That is particularly true at small and medium-size companies with fewer than 500 employees, like Ram Tool, which employ half the nation's private sector workers and where cutbacks are often very personal.
And some aid workers say the cutbacks may not turn out to be devastating, at least in the short run, because some agencies had been unable to spend money quickly when large new amounts of aid came pouring in over recent years.
This eliminates the angst and disharmony of workers affected by cutbacks.
It is a highly profitable company, just gave its CEO a huge raise, but dodges its taxes (schools, roads, police, firefighters for the 99%), and to top things off is asking its workers to take cutbacks.
