Club Car layoffs affect Augusta employees

Monday, Jan. 23, 2012 3:38 PM
Last updated 9:32 PM
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Club Car has completed a round of layoffs that involves some Augusta employees, company spokesman Brian Formato said Monday.

The company would not say how many employees have been let go or the locations affected throughout North America; however, Formato said the reduction affected “a small group of Club Car employees both in Augusta and in the field.”

“We are continually monitoring the economic conditions to ensure appropriate staffing levels, which has resulted in a recent reduction in workforce,” Formato said. “As a business, we will move forward and, as always, concentrate on the needs of our customers while continuing to position Club Car for long-term success as a global, task-oriented vehicle company.”

The Augusta Club Car workforce is about 1,000 people, spokesman Bill Bry­ant estimated. The company’s global headquarters is in Columbia County.

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David Parker
7923
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David Parker 01/23/12 - 04:55 pm
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This is Ingersol Rand no?

This is Ingersol Rand no?

Chillen
17
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Chillen 01/23/12 - 04:56 pm
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Better hold on folks. 2012

Better hold on folks. 2012 is going to start a very rough ride for the USA - as well as the rest of the world. The next 2-3 years are going to be very challenging for us all.

Greece is expected to default mid March, which is supposed to trigger a world wide recession.

Europe is already officially in a recession as of the Q4 2011 data.

Here's what the World Bank recently said/did - they "revised GDP growth estimates for 2012 downward very sharply, warned that Europe could be on the verge of a devastating financial crisis, and declared that the rest of the world better "prepare for the worst."

Do you have your garden started yet? Have you planted some fruit trees? Do you have your financial affairs in order? Do you have an 8 month emergency fund? Do you have at least 3-6 months of emergency food for your family (FEMA guidelines)?

If not, what the heck are you waiting for?

Chillen
17
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Chillen 01/23/12 - 04:58 pm
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Yes it is David.

Yes it is David.

Little Lamb
45279
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Little Lamb 01/23/12 - 05:16 pm
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Chillen wrote: Greece is

Chillen wrote:

Greece is expected to default mid March, which is supposed to trigger a world wide recession.

Greece has a GDP about the size of the GDP of Delaware. Somehow I don't think a total default of Greek sovereign debt would have that big of a ripple.

burninater
9396
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burninater 01/23/12 - 05:17 pm
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Or, alternatively in 2012,

Or, alternatively in 2012, you could diversify your portfolio.

burninater
9396
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burninater 01/23/12 - 05:20 pm
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Greece's default has been

Greece's default has been openly telegraphed for over a year at this point. In addition to the minimal impact LL points out, markets have been working with this near-certainty for quite a while now.

Riverman1
82168
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Riverman1 01/23/12 - 05:36 pm
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Italy is also in trouble as

Italy is also in trouble as is Spain. Italy is a huge market. It could be a domino effect with Greece.

Riverman1
82168
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Riverman1 01/23/12 - 05:39 pm
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Personally, I don't think

Personally, I don't think anything catastrophic is going to happen this year. I'm all in the market and have done pretty good so far this year. One international fund and QCOM.

Dang, did I just see Sonny Perdue on CNBC?

Chillen
17
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Chillen 01/23/12 - 09:05 pm
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I hope not Riverman. Just

I hope not Riverman. Just remember that QE1 and QE2 have kept the stock market artificially high.....I have done what Burninator said - diversify. Some in the market (in a low risk way), some bonds, some international exposure, some in precious metals, some in land, some in food storage to hedge inflation, we've got a garden, fruit trees to hedge inflation - not all our eggs in one basket. Too many baskets failing these days......

I've heard that you should only invest in stocks that are recession proof - things that people must have - commodities, oil/gas, utlities, etc.

Little Lamb. True, Greece is small, however its default will cause a huge ripple in the Euro. The rest of the European nations in the Euro are already fragile - France, Spain, Italy, etc. so when Greece falls, as small as it is - and hurts the Euro, they will collapse like dominos over there, which will take our fragile economy & thrust it deeply into recession.

The other thing that a Greek collapse signals is the fact that socialism, big government and big govt payouts/pensions do not work. That will freak out Europe and will should freak out 50% of America too. Obama, Progressives and liberals - are you listening & watching?

Chillen
17
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Chillen 01/23/12 - 09:10 pm
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Little Lamb. This article

Little Lamb. This article explains the Greece situation better than I can.

I forgot to mention to you that all the European banks hold billions of Greek debt. If they default, the banks will go bankrupt & close.

http://www.meattradenewsdaily.co.uk/news/190510/greece___financial_fall_...

It's a VERY BIG problem caused by a very tiny country with MASSIVE debt.

rmwardsr
525
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rmwardsr 01/23/12 - 09:58 pm
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The seas will start to dry

The seas will start to dry up, the deserts will crack, the sun will grow dark, and there will be no moon. Excuse me while I get my prozac!

Little Lamb
45279
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Little Lamb 01/23/12 - 10:34 pm
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Chillen wrote: I forgot to

Chillen wrote:

I forgot to mention to you that all the European banks hold billions of Greek debt. If they default, the banks will go bankrupt & close.

Wa-a-a-nh.

Dixieman
14352
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Dixieman 01/24/12 - 12:36 am
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This is OBAMA, folks! We need

This is OBAMA, folks! We need to vote him out in November.

Riverman1
82168
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Riverman1 01/24/12 - 04:19 am
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The last I heard Many Arrows

The last I heard Many Arrows is still negative so I'm being careful. I may get out soon. Many Arrows laid out in detail what was about to happen before the big crash. He detailed in the old forums at least a year before it all came down what the country was in store for. He was spot on when people were calling him Chicken Little.

seenitB4
85245
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seenitB4 01/24/12 - 07:54 am
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Mind over

Mind over matter......negative vibes will give negative results......if we could get our workers WORKING here in the USA we would be fine...

copperhead
1035
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copperhead 01/24/12 - 08:22 am
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99% of hussein's tzars are in

99% of hussein's tzars are in place to make the power grab just before election time. Folks don't learn anything from history! Want to see what will happen next? Read cloward/piven carefully.

augusta citizen
9099
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augusta citizen 01/24/12 - 08:31 am
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Riverman, I must have missed

Riverman, I must have missed Many Arrow's posts, wish I had seen them. Chillen offered up some good advice, but it's each person's decision whether to heed his advice or ignore it. It's easy to call people Chicken Little, but a little food insurance can make one rest easy. I saw a quote on a blog this morning that made me think about these comments.

"There are only two ways to sleep well at night...be ignorant or be prepared." Simon Black, editor of Sovereign Man.

augusta citizen
9099
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augusta citizen 01/24/12 - 08:34 am
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copperhead said, "Folks don't

copperhead said, "Folks don't learn anything from history!". Amen to that!

"Those who don't remember history are forced to repeat it." I suddenly can't remember who said that, but I always remember the quote. :)

copperhead
1035
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copperhead 01/24/12 - 08:59 am
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Y'all should look at the new

Y'all should look at the new consumer tzar's duties! He is responsible for product(grocery) distribution throughout the U.S. He decides what products go to what section of the country. IF he says stop allowing food shipments to any part of the country,that region starves. IF he delays shipments of gas for just 2 days,the region would take months to recover. Y'all might want to get your head out of the sand and see for yourself. This was an emergency appointment so,it had to be done quickly for some reason.

seenitB4
85245
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seenitB4 01/24/12 - 09:31 am
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cpper said.... IF he says

cpper said....
IF he says stop allowing food shipments to any part of the country,that region starves. IF he delays shipments of gas for just 2 days,the region would take months to recover. Y'all might want to get your head out of the sand and see for yourself

ok ...let's re think this please.....People would grow a garden---buy animals & hunt.....Think ....what did our ancestors do.....they didn't starve....believe me....we are smarter than that...dang we have some on here that could turn the economy around.

augusta citizen
9099
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augusta citizen 01/24/12 - 09:48 am
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seenitB4, you are correct

seenitB4, you are correct that we could and would do those things. There are problems with waiting though, gardens need to be prepared, composted, weeded, etc. prior to beginning to grow food, then of course, the plants can take months to produce. Fruit and nut trees take years to produce, even if you buy orchard or fruit bearing sizes, you get low yields the first few years. Livestock needs fencing, feed, etc to get going. Having some food storage to get you through that set up period would be priceless! :)

copperhead
1035
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copperhead 01/24/12 - 09:53 am
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seenitB4, use nyc as an

seenitB4, use nyc as an example-the grocery stores buys the food today that they distribute tonight. At most,they have 3 days of food to feed the city. Where do you think these millions will get their food? Do you really think they will all just peacefully move into the country and start gardens? OR will they decide to go take food from people that have prepared?

seenitB4
85245
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seenitB4 01/24/12 - 09:59 am
0
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You are correct about

You are correct about NYC....but have you noticed the rear ends on people.......many could go for daaays w/o eating....weeks even.....some would kill each other off--no doubt-----but something tells me the South would survive.....:)

seenitB4
85245
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seenitB4 01/24/12 - 10:02 am
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Many of my kin already have

Many of my kin already have those things in place---canned goods --veggies--guns-guns & you get my drift,

copperhead
1035
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copperhead 01/24/12 - 10:05 am
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It is not just nyc it is

It is not just nyc it is every large city-atlanta. everyone is dependent on groceries being delivered on time. Are there more people that are prepared(with food and essentials)or are there more unprepared people?

Riverman1
82168
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Riverman1 01/24/12 - 10:09 am
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The South fought the War

The South fought the War Between the States with nothing being imported. We are self-sufficient.

seenitB4
85245
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seenitB4 01/24/12 - 10:11 am
0
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My fear would be too many

My fear would be too many would want to come South!

augusta citizen
9099
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augusta citizen 01/24/12 - 10:13 am
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copperhead, the just in time

copperhead, the just in time inventory shipping system is vulnerable in so many ways and hungry people will be dangerous people. I wouldn't want to be anywhere near a grocery store when desperate people were making a run on it. There are surely many more unprepared than prepared.

seenitB4, yeah, on a lighter note, I see lots of folks carrying their food storage around on their middle, haha!

copperhead
1035
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copperhead 01/24/12 - 10:13 am
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Where else would they go?

Where else would they go? NORTH??? Maybe they will play nice and starve peacefully,huh?

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