Thread regarding Follett layoffs

OMG PEOPLE PLEASE GET OFF AMAZON THEY DO NOT WANT US! AMAZON AND FOLLETT WELL NEVER BE. DAMM

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| 2031 views | | 16 replies (last April 13, 2016) | Reply
Post ID: @OP+GQySTsC

16 replies (most recent on top)

Amazon is based out of Seattle, not Silicon Valley http://www.businessinsider.com/amazon-crazy-crystal-dome-headquarters-in-seattle-2015-9

However they do have Silicon Valley distribution centers

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Post ID: @3qru+GQySTsC

Not to mention the state of the art conveyors for books and trash that doesnt work well at all. As modern as it appears the error rate is vey high .

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Post ID: @3hxd+GQySTsC

I don't think they design buildings in Silicon Valley where you have to use a truck to move product around the outside of the building because you didn't leave any East/West lanes inside the building. Cutting edge. Extorting jobs, sexual intrigue, do nothing connected workers, AND cutting edge design. Yep, just like Silicon Valley!

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Post ID: @3ubi+GQySTsC

Silicon Valley huh ?????

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Post ID: @3xka+GQySTsC

My friend at Amazon says Aurora is just like silicon valley.

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Post ID: @2uat+GQySTsC

That was a great post , Follett's with their hands out like beggars , meantime laying off the workforce. Hope Amazon rips them a new one in the deal .

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Post ID: @2ist+GQySTsC

Things to do in Chicago this weekend

News Watchdog

Illinois businesses get lucrative EDGE tax breaks, fall short of job goals

Jim Schultz

Jim Schultz, director of the Illinois Department of Commerce and Economic Opportunity, called dozens of the EDGE tax break deals “very distasteful.” (Nancy Stone / Chicago Tribune)

Michael J. Berens and Ray LongContact Reporter

Chicago Tribune

First full analysis of Illinois tax incentive program finds a billion-dollar giveaway rife with failure

Illinois' flagship job program has awarded millions of dollars to companies that never hired an additional employee.

It's doled out millions more in tax breaks for corporations that eliminated jobs and became smaller.

And it's allowed companies to reap lucrative rewards and then relocate to other states without penalty or repayment.

Illinois cut these deals through a strategy dubbed EDGE — short for Economic Development for a Growing Economy — that was launched in 1999 by Gov. George Ryan as a way to create jobs and lure businesses from other states.

But what began as a modest number of tax breaks for a handful of companies has mushroomed into a billion-dollar giveaway rife with failure.

In the first comprehensive analysis of 783 EDGE agreements, the Chicago Tribune found that two of every three businesses that completed the incentive program failed to maintain the number of employees they agreed to retain or hire.

(cut)

Since EDGE began, a Tribune analysis shows, two dozen businesses collectively eliminated nearly 3,000 employees and remained eligible for tax breaks.

In one deal signed in 2011 under Quinn, Follett Corp. and divisions or subsidiaries in Oak Brook and Westmont were awarded $1.1 million in tax credits despite eliminating 122 jobs.

Follett, which provides educational products, began with 804 employees but reported a drop to 682 workers in a 2014 status report the company filed with the state. That was fine with Illinois officials because the state agreement required Follett to keep only 579 employees.

"Follett fulfilled its obligation under the program and applied the EDGE credits the company was eligible to receive," a company spokesman said in a statement.

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Post ID: @1nxy+GQySTsC

Friend of mine at Amazon said they will be replacing all associates starting at the top with drones!

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Post ID: @1hch+GQySTsC

A friend of mine at Amazon says they are buying Du Page county airport as their midwest delivery drone base.

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Post ID: @1vme+GQySTsC

A friend of mine at Amazon says if they do purchase Follett they will relocate books to their locations and let go all Follett employees .

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Post ID: @1cww+GQySTsC

My mistake they were here last week.

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Post ID: @1qco+GQySTsC

Just found out that amazon will be visiting the warehouse this week

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Post ID: @1hek+GQySTsC

They don't want Follett they want Follett out of the way. It wouldn't be that hard to de either.

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Post ID: @1jyb+GQySTsC

That is not true , no good reason to play the shell game with remaining employees . Tell the truth Follett !!

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Post ID: @1dtv+GQySTsC

They moved all those office workers out of ADC because there was so much available space in Westbrook after the layoffs. But the primary reason was Follett received an Illinois Tax credit to have a certain number of people in Westbrook.

If they didn't move employees in they would have had to repay some of the tax credits.

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Post ID: @nwf+GQySTsC

OMG it is happening as soon as they agree on a price . Why else would they move all those office workers out of ADC .????

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Post ID: @iwn+GQySTsC

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