It seems like just a few weeks ago that Gov. John Kasich was congratulating his buddy, Bob McDonald, the CEO of Procter & Gamble, and member of Kasich's JobsOhio group. P&G had boasted that it was going to add jobs at a new facility, according to WLWT. Kasich was practically jumping out of his skin saying that his policies were improving things in Ohio.
That was then, and this is now------
Procter & Gamble Co. is likely to embark on a restructuring that will include job cuts, although the number isn't known, the Cincinnati Enquirer reports.
CEO Bob McDonald told stock analysts during a conference call that the company needed to get costs under control, and shift money and manpower overseas, the paper reported. The impact on P&G's (NYSE:PG) home city of Cincinnati, where the company is the third-largest employer wasn't clear, the paper said.....
Not only will P&G layoff workers, they will be outsourcing some of the jobs.
Kasich is two for two. After Gov. Strickland meets with Calisolar, plans push forward to begin construction on a plant in Ohio. Then Kasich meets with them and the company decides to move to Mississippi. Kasich lost Calisolar and now it looks like P&G is whittling down their presence in the state.
Here is the icing on the cake from America Votes:
Ohio Governor John Kasich today turned down millions in available federal funds to help the unemployed. $176 million in funding was available to Ohio if they pledged to expand their state unemployment programs -- they had a number of options to do this, including to extend benefits to people in approved job training programs and extended benefits to dependents, among other options.
Governor Kasich instead said, though a spokesman, that doing so "makes no sense..."
Read the article from ThinkProgress here.
John Kasich has the magic touch!
*** Does anyone know why Kasich and Jerry Wray are moving so many people out of the Ohio Department of Transportation offices located in Columbus to other locations withing the state? Are they trying to hide people or just force people to quit because their jobs have been relocated three hours away? What is the deal?