Yet another WI business closes its doors as state has more planned layoffs than in 2014

Apparently Strategic Fundraising of Oshkosh didn’t get the memo that Wisconsin is “Open for Business,” as Gov. Scott Walker is so fond of saying.

An Oshkosh firm closed its doors Monday, June 29, and 153 workers lost their jobs, according to a press release from the state Department of Workforce Development.

A spokesman from Strategic Fundraising at 350 City Center notified the workers in a letter that cited the faltering economy and unforeseen circumstances.

“Certain unforeseen circumstances have impaired the Company’s continued operations and this week the Company determined that it is unable to secure the investment or permanent financing necessary to support continued operation of the business,” Peter Formisano said in a letter to the DWD.

In other job-loss related news, Wisconsin has already had more planned layoffs this year than in all of 2014.

At the halfway point of 2015, Wisconsin employers have already notified the Department of Workforce Development (DWD) of more planned layoffs than in all of 2014.

As of June 30, state employers have notified DWD they will be laying off a total of 6,685 employees. That is higher than the total number for both 2012 (6,511) and 2014 (6,186).

At the current pace Wisconsin would see more than 13,000 planned layoffs announced in 2015, the highest of any year under Gov. Scott Walker (R-Wisconsin). The previous high during the Walker administration was just over 9,000 in 2011, his first year in office.

These two nuggets of news sum up just what a miserable failure Gov. Scott Walker and his Republican rubber-stamp Legislature have been in regards to creating jobs specifically and governing in general.


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3 thoughts on “Yet another WI business closes its doors as state has more planned layoffs than in 2014

  1. The Strategic Fundraising thing is weird. Looks like the bulk of their work is fundraising for GOP candidates/PACs, and they shut down on today of all days? (Anybody checking their email inbox today knows that today’s a big filing deadline and fundraising for the 2016 cycle has officially begun in earnest.)

    Are other GOP fundraising outfits struggling as well? One thing that came to mind is if they’re getting more and more money via huge mega-donors (Kochs, Adelson, etc.) maybe the small donors who’d respond via phone are drying up.

  2. lufthase, exactly.

    I’m old enough to remember when Republicans believed in prosperity. Eisenhower supported unions. In spite of what he did to air traffic controllers, todays GOP wouldn’t allow Eisenhower or Reagan in the party.

    “Without spending–there are no sales;

    Without sales–there are no profits;

    Without profits–there is no demand for workers;

    Without demand for workers–there is no job creation;

    and without job creation–there is no recovery!”

    From economist @ptcherneva

  3. Most disturbing is that Wisconsin may have allowed Walker to take his tea party to the nation.

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