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Old 12-26-2008, 04:59 PM
 
93 posts, read 121,771 times
Reputation: 27

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BofA laying off 10's of thousands, Wachovia will be laying off `10,'s of thousands.

The unemployment rate in CLT is going to go thru the roof.

You think maybe Charlotte can get those textile mill jobs back?
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Old 12-26-2008, 05:04 PM
 
Location: Charlotte
2,447 posts, read 4,774,769 times
Reputation: 1363
There are many non-banking/financial companies in Charlotte.
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Old 12-26-2008, 05:06 PM
 
93 posts, read 121,771 times
Reputation: 27
Quote:
Originally Posted by NCgirl View Post
There are many non-banking/financial companies in Charlotte.
Hardees?
You have to admit that Charlotte does not have a very diverse economy.
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Old 12-26-2008, 05:07 PM
 
Location: Arden, NC
535 posts, read 1,128,536 times
Reputation: 224
Quote:
Originally Posted by DrGonzo33 View Post
Hardees?
Lance! We can put unemployed bankers to work making snack crackers.
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Old 12-26-2008, 05:08 PM
 
Location: Charlotte
2,447 posts, read 4,774,769 times
Reputation: 1363
Quote:
Originally Posted by DrGonzo33 View Post
Hardees?
You have to admit that Charlotte does not have a very diverse economy.
How long have you lived here? LOL.
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Old 12-26-2008, 05:09 PM
 
93 posts, read 121,771 times
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Quote:
Originally Posted by castufari View Post
Lance! We can put unemployed bankers to work making snack crackers.
I toured that Lance plant back in the 70's when I was in the Cub Scout. Interesting place.
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Old 12-26-2008, 05:34 PM
 
Location: Wouldn't you like to know?
8,521 posts, read 10,379,812 times
Reputation: 3249
BOA & Wach are in the top 3 of employers of Charlotte, yes it is top loaded w/banking, but someday things will turnaround...the city has too many positives for it not to....
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Old 12-26-2008, 05:47 PM
 
Location: weddington
372 posts, read 1,016,503 times
Reputation: 172
Quote:
Originally Posted by DrGonzo33 View Post
BofA laying off 10's of thousands, Wachovia will be laying off `10,'s of thousands.
This is true but the 10's of thousands of employees being laid off will be distributed nationwide and are not all in Charlotte.
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Old 12-26-2008, 05:48 PM
 
9,231 posts, read 5,211,609 times
Reputation: 6803
Quote:
Originally Posted by DrGonzo33 View Post
I toured that Lance plant back in the 70's when I was in the Cub Scout. Interesting place.
While still in school Lance had summer jobs for students ... hubby got a job there for the summer ... in cheese cracker packing ... conveyor belt with cheese crackers moving speedily along and one had to manually pack the crackers in a box for shipping ... the conveyor belt did not stop ... cheese crackers keep moving moving moving fast and you have to keep packing ... if perchance during that time period you happen to buy a pack of cheese crackers and they were broken or crushed ... that was his ... he packed them!!

Cotton is King is gone forever ... the textile mills will never return ... I just hope and pray the banking catastrophe doesn't hurt Charlotte too bad.
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Old 12-26-2008, 05:52 PM
 
Location: The 12th State
22,065 posts, read 40,041,054 times
Reputation: 13286
charlotte still is one of the largest distribution hubs of the east coast
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