Skip to main content

Friends of the lab! Talk to us!

What's the "ripple effect" of the workforce reductions?

There must be spouses, children, friends, maybe even parents of Labbies who are reading this blog for info (hey, maybe even teachers, neighbors, etc. etc.) .... What's happening in your worlds? How is this affecting you?

And Livermore business owners: Have you and your business been affected by the ongoing upheaval and uncertainty at the Lab?

Comments

Anonymous said…
Spouse of... oh wait, I work there too and we both received WARN act letters. Did you know they can lay off both spouses? They can, but will they...? (don't answer - I'm sure we all know the answer to that)
Anonymous said…
"Spouse of... oh wait, I work there too"

Ditto. bet there are more than a few like us around.
Anonymous said…
My wife's getting laid off at the end of May too. Wow, do you think businesses are feeling the pain of less spending by the Lab, the people laid off and everyone that is afraid to make a purchase because of uncertainty in their job stability?

Did anyone see the opinion in the Times by Miller? He's still talking about a world class institution going forward. He sounds like some punch drunk ex-champion fighter that doesn't understand it's all over.
Anonymous said…
Are we talking Contra Costa Time or Times magazine. I do agree 100% with you description of Big ( M ) . Remember this " punch drunk ex-champion fighter that doesn't understand it's all over" pretty much raps up the analogy of all ULM with Big (GM ) & ( FR ) being the ring leaders.
Anonymous said…
Re: April 26, 2008 8:31 AM

What a piece of work to wake up to with my morning coffee. Last week, our 14-yr-old asked: "Does this mean we'll lose our house and have to live out of shopping carts?"
Typical sarcastic teen tone. Not typical teen question.

Popular posts from this blog

Plutonium Shots on NIF.

Tri-Valley Cares needs to be on this if they aren't already. We need to make sure that NNSA and LLNL does not make good on promises to pursue such stupid ideas as doing Plutonium experiments on NIF. The stupidity arises from the fact that a huge population is placed at risk in the short and long term. Why do this kind of experiment in a heavily populated area? Only a moron would push that kind of imbecile area. Do it somewhere else in the god forsaken hills of Los Alamos. Why should the communities in the Bay Area be subjected to such increased risk just because the lab's NIF has failed twice and is trying the Hail Mary pass of doing an SNM experiment just to justify their existence? Those Laser EoS techniques and the people analyzing the raw data are all just BAD anyways. You know what comes next after they do the experiment. They'll figure out that they need larger samples. More risk for the local population. Stop this imbecilic pursuit. They wan...

Trump is to gut the labs.

The budget has a 20% decrease to DOE office of science, 20% cut to NIH. NASA also gets a cut. This will  have a huge negative effect on the lab. Crazy, juts crazy. He also wants to cut NEA and PBS, this may not seem like  a big deal but they get very little money and do great things.

tcp1 looking good

I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...