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Corning to lay off thousands

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The parent company of one of Wilmington's major employers is eliminating thousands of jobs. Corning is laying off 3,500 employees. That is about 13 percent of its global workforce. These cuts include the 500 jobs that were lost at the company's Wilmington and Hickory locations late last year. Despite our repeated inquiries, Corning would not say if Wilmington workers will be affected in these latest cuts.

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I

just don't understand HOW IN THE WORLD they keep employees in this town..they HIRE...THEY FIRE...they HIRE...THEY FIRE....seems it's a cycle that just won't stop and your STUPID to go work for them. GE...hasn't had a layoff for as long as I can remember.

Dont think its just

Dont think its just wilmington, corning inc's headquarters town just waits for you to get within days of 30 years before your job is eliminated, only to be filled by a bosses college roomate who has only 18 mo with the company....way to go corning incorporated mama houghton would be turning over in her grave....
expose coming in 11 months.....

GE layoffs

While admittedly less than Corning, GE has laid off employees over the prior consecutive two months: General Electric: 1,000 employee layoffs - white collar positions *Jan*; 1,550 employee layoffs - transportation arm *Feb* In fact, 115 of America's 500 largest publicly traded companies have had job eliminations / buyouts in the first eight weeks of 2009, for a total of 287,266 unemployed citizens. Other employers slashed 598,000 total jobs in January, raising the unemployment rate to 7.6% - the worse job loss in 34 years. A sobering U.S. Labor Department jobs report in January showed the economy lost 524,000 jobs in December & 1.9 million in the year's final four months, after the credit crisis began in September. The unemployment rate rose to 7.2% in December '08, from 6.7% in November '08 - its highest rate, since January 1993. In November, 584,000 jobs were lost, marking the first time in the 70-year history of the U.S. Labor Department report in which the economy lost more than 500,000 jobs in consecutive months. Indeed, 2008 was the worst year for jobs since 1945, with an annual loss the biggest since the end of World War II. The nation's unemployment rate rose to 7.2%. And, the hemorrhaging of American jobs accelerated at a record pace at the end of 2008, bringing the year's total job losses to 2.6 million - or, the highest level in more than SIX decades. The total number of unemployed Americans in 2008 rose by 632,000, to 11.1 million. More bad news: under-employment's also at a record high. In January 2009, a growing number of workers seeking full-time jobs were able to find only part-time work. Those working part-time jobs - because they couldn't find full-time work, or their hours had been cut - jumped by 715,000 people, to 8 million - the highest since such records were first kept in 1955. The so-called under-employment rate, which counts those part-time workers as well as those without jobs who have become discouraged & have stopped looking for work, rose to a record 13.5% from 12.6%. Calculations for this measure began in January 1994. "The existing unemployment figures are greatly understated," said billionaire steel tycoon Wilbur Ross in a recent interview with CNNMoney.com. "They count as employed someone who used to have a high-paid manufacturing job & now is working at a Wal-Mart, or a Wendy's." In yet another discouraging sign, the average hourly work week fell last month to 33.3 hours - the lowest level in U.S. history. Even with a modest .05-cent gain in the average hourly salary, the average weekly paycheck fell by $2 to $611.39. In 2008, job losses were spread across a wide variety of industries & have increased with each passing (eight) week(s), in 2009. Sorry it couldn't be better news, my friend, but hopefully now you have a slightly better picture. Source: CNN.com, U.S. Labor Department

It's always been a difficult town to make money

For as long as I can remember, Wilmington has been a difficult place to earn a good living. It is a beach town and everybody wants to live at the beach. People will sacrifice good wages to live here and earn a meager, but survivable lifestyle. In addition, if one doesn't like it, move over because there's ten more in line waiting to take your place for the same meager money. The two big games in town for reliable jobs with good pay have always been Corning and GE, especially the latter, however these businesses have peaks and valleys just like the rest and must adjust accordingly to remain profitable. Part of that adjustment means a contingent workforce of contract or "temp" workers, usually the first to get hit. The fact is, this is the way it works here in Wilmington and it is unlikely to change. One can always start their own business and be the giver of their own destiny. That's not a very good place to be in right now either!

Ditto for...

Verizon Wireless -- they seem to always be hiring there. I guess people won't give up their cell phones no matter how bad the economy gets!

GE laid off LOTS of people

GE laid off LOTS of people this month

GE has not laid off a bunch

GE has not laid off a bunch of people this month and has not for a long time. They hire very small amounts very carefully and take care of their people. However, they do something corning does not do: they use alot of temporary workers for entry level hourly jobs. i feel this helps to keep them from laying off.

Um...

NOT IN THIS TOWN they didn't...NOT A SINGLE ONE!

Is that GE...

in Wilmington or GE worldwide? Were those who were laid off contract workers or full-time employees?

GE layoff?

I have not heard of any GE employees being laid off yet, only contractors. As far as I know, there has never been any hourly workers laid off from the Wilmington site from either business.

You're Right

The statement by Irish1 is correct. However, there will be some moves made in the hourly ranks to fill positions once held by temps. Do not forget the big handout by the taxpayers of NC of OUR money to GE to bring jobs to the area. Yes, some jobs came here but they were jobs that existed elsewhere in the US. Most were temp jobs that are now gone. Don't blame GE, blame your legislators. We should not be giving welfare to business or deadbeats. Thanks for nothing Julie Boseman!