The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Bosses’ Bad Idea:
Jobless Recovery

May 30, 2011

Big lay-offs in Maryland are continuing. In May, Solo Cup in Owings Mills announced they will eliminate 101 office jobs, plus 540 manufacturing jobs are likely to end this summer. Northrop Grumman is laying off 70 workers. Superfresh, about to be shut down in the Baltimore area, will lay off 1500 employees, unless new stores step in and hire them.

In recent months, Honeywell, Giant, Pepsi and Aramark have announced layoffs in Maryland.

This is why there is a “jobless recovery” – the bosses, rolling in profit, continue to destroy jobs.