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12.08.2008 2:31 pm

Slay on job cuts: A “painful” day on Pestalozzi Street

St. Louis Post-Dispatch
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Mayor Francis Slay is pointing to today’s massive job cuts at Anheuser-Busch InBev — 1,400 company wide, about three-fourths of which are in St. Louis — to call on president-elect Barack Obama to jump start the economy soon.

“This is a very painful day for the people at Anheuser-Busch who are losing their jobs, and for the people who depend on them,” Slay said in a statement. “Given the state of the economy, the market for the sorts of white collar professionals who are leaving, and the impending holidays, the timing probably could not be worse.”

Slay urged Congress and Obama — who this weekend promised a major investment in national infrastructure – to pass an economic stimulus package as soon as possible.

“There is no action by government more important to our country’s security,” Slay said, “or more urgent to the hundreds of AB managers and professionals who have learned today that they are losing their jobs and contracts.”

15 comments

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First, AB is having the best year they have had in many years. The only thing this has to do with the economy is the weakened dollar that Brito and his henchmen were able to exploit.

Second, Obama’s jobs program will put workers to work building and fixing our infrastructure..jobs that white collar workers probably won’t be doing.

Third, putting these workers in jobs will require companies to hire them. Unless companies are given incentives like lower taxes, they aren’t going to be in the position to do so. Obama’s plan is not to help companies but to help the middle and lower class to have a few hundred dollars more in their pockets every year at the expense of companies and wealthy individuals that hire the white collar workers.

Mayor Slay should have a prepared statement that he can send out every month for the next 3-6 months when Brito and his henchmen continue their slash and burn policies of stripping Anheuser Busch of it’s highly seasoned employees.

However, local colleges should be salivating at the prospect of being able to be a resource for ABI since the white collar employees being let go will be replaced by lower paid college graduates.

— Logicprevails
3:57 pm December 8th, 2008

Any way you look at it, the era of American big business is gone. The Europeans and Asians do a better job and are more competitive, and it shows.

— Scott
4:35 pm December 8th, 2008

Obama’s plan is not to help companies but to help the middle and lower class to have a few hundred dollars more in their pockets every year…

This comes across as somewhat dismissive of the importantance of “a few hundred dollars more in their pockets every year” to those who have trouble feeding their families and paying utility bills. You say it as of they are on blowing it on expensive wine or something else “frivolous.”

Speaking as the son of a father who toiled away as a commercial plumber in the 60s and 70s, I find this a bit offensive–or at the least-quite unsympathetic to hard-working blue collar people.

Also–You gravely mis-represent Obama’s overall plan–he is much bigger picture than this and that is partly WHY he advocates moving towards “green jobs” with relation to all sorts of industries…understanding and trying to create more high-tech jobs is a necessity in a global environment.

— donnie
4:53 pm December 8th, 2008

Not like we can’t say “we told you so”
Brito has a very clear track record on how he treats an aquired business.

— budb1969
5:36 pm December 8th, 2008

We could argue all day on why InBev is relieving so many employees of their positions, but it doesn’t really matter why. What matters is that it’s happening at all. That’s going to put even more engineers out on the street to compete for manufacturing jobs in metro-STL. My husband, who has been an unemployed Quality engineer for over a year now, could tell you that decent manufacturing jobs in STL are already few and far between. And the numbers keep getting smaller and smaller. I would not be surprised if we end up leaving the area for work in another city… Sad, really. I like St. Louis.

— Gina
5:49 pm December 8th, 2008

You can send your thank you letters to Hank Paulson, who came to St. Louis in 2007 and told everybody how foreign investment in American companies is a good thing. While you are at it you could also thank him for giving 700 billion to Wall Street.

But then old Hank is just marching to the orders of his bosses Bush and Cheney. So maybe you should CC: those guys while you are at it.

— withheld
7:21 pm December 8th, 2008

Let me translate what “building and fixing our infrastructure” really means:

It means the jobs are going to due-paying union members to reward the labor unions for supporting Obama’s campaign.

It also means projects that, after specifications are drawn, bids solicited, and contracts awarded, won’t employ a soul for at least a year.

That’s not going to help the 1,500 being cast adrift by InBev.

— 7dez7
9:33 pm December 8th, 2008

Let me translate what “building and fixing our infrastructure” really means:

It means the jobs are going to due-paying union members to reward the labor unions for supporting Obama’s campaign.

It also means projects that, after specifications are drawn, bids solicited, and contracts awarded, won’t employ a soul for at least a year.

That’s not going to help the 1,500 being cast adrift by InBev.

And please enlighten us, Oh Wise One, exactly what John McCain would be doing to create jobs had he and Mooselini won the election…oops…forgot…the fundamentals of the economy were/are sound…McCain was about as credible on jobs and the economy as Palin was on her foreign policy credibility.

Mccain LOST because of his erratic and emabarrasing failure to grasp this issue and come up with any credible solutions.

Take your pretty little jabs at union workers and Obama and discuss them with Joe The Plumber over his book deal or country-western music contract.

— donnie
9:55 pm December 8th, 2008

Mcain lost because of a variety of reasons. But, that isn’t the spirit of this post. Brito is easy as a 3rd grade book to read, and the share holders of Bud obviously didn’t read it. I have to wonder how many of the laid off white collar and IT people backed this. I hope it wasn’t many. We have to take our country back:
- Liquidate all foreign auto plants owned by US companies (GMAC, Ford,etc..)
- Outlaw foreign aquisition of our companies from foreign investors. (Archaic, but, the rest of the world looks after #1 first)
- Tax breaks for US owned companies,,,,,,,only if they reinvest in the US
- My humble opinion

— budb1969
11:30 pm December 8th, 2008

For the spell checl Nazis, i may have spelled archaeic wrong! Sue me!!

— budb1969
11:32 pm December 8th, 2008

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