J.E.D
Gold Member
- Jul 28, 2011
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- Banned
- #1
For shame 
Bain Capital Created 'Demoralizing' Culture of Layoffs At Florida Plant
WASHINGTON -- When Dade Behring started cutting employees under Bain Capital's management in the late '90s, Cindy Hewitt was on the front lines. As a human resources manager for the Dade East plant in Miami, Hewitt had to decide which employees had needed skills and whose jobs were expendable.
Since the Republican presidential primary, Dade Behring, which made blood-testing machines and conducted animal tests at its Miami plant, has become something of a focus. Bain Capital, GOP presidential hope Mitt Romney's firm, had bought Dade and shuttered its factory in Puerto Rico in 1998. The closings continued under Bain's management.
It's become a familiar tale about Romney and Bain's business dealings. The New York Times reported that Bain pushed the profitable company into bankruptcy. The Miami Herald followed with its own chronicle of the mass layoffs and mass profits for Romney and company. The Tampa Bay Times reported that Dade had received millions in tax breaks to promote job creation in Puerto Rico one year before it closed the factory there.
Fred Gregory, an information technology consultant, said he was brought in to assist the plant closing in Miami. The cafeteria scene also stuck with him. At a certain point, he told HuffPost, he stopped eating lunch there. "I didn't want to see the women crying," he explained.
"You could walk in there and hear a pin drop," Gregory said. "You could see the emptiness. It was just huddled-up sheep. It was pathetic. It was heartbreaking, heartwrenching. You just want to hug them."
In the summer of 1998, amid mass layoffs and mandatory overtime at the Dade East plant, [Cindy Hewitt] saw workers crowded around a glass executive suite. Some shook their heads and walked away, and others just stood there staring, she recalled. She walked over to check out what was going on and found several department heads putting golf balls in the office.
"I was so upset that I walked in and picked up a golf ball and said, 'Get out and go to the golf course if you don't have anything to do.' It was the most callous, insensitive thing I had ever witnessed. I was completely dumbfounded."
Bain Capital Created 'Demoralizing' Culture of Layoffs At Florida Plant
WASHINGTON -- When Dade Behring started cutting employees under Bain Capital's management in the late '90s, Cindy Hewitt was on the front lines. As a human resources manager for the Dade East plant in Miami, Hewitt had to decide which employees had needed skills and whose jobs were expendable.
Since the Republican presidential primary, Dade Behring, which made blood-testing machines and conducted animal tests at its Miami plant, has become something of a focus. Bain Capital, GOP presidential hope Mitt Romney's firm, had bought Dade and shuttered its factory in Puerto Rico in 1998. The closings continued under Bain's management.
It's become a familiar tale about Romney and Bain's business dealings. The New York Times reported that Bain pushed the profitable company into bankruptcy. The Miami Herald followed with its own chronicle of the mass layoffs and mass profits for Romney and company. The Tampa Bay Times reported that Dade had received millions in tax breaks to promote job creation in Puerto Rico one year before it closed the factory there.
Fred Gregory, an information technology consultant, said he was brought in to assist the plant closing in Miami. The cafeteria scene also stuck with him. At a certain point, he told HuffPost, he stopped eating lunch there. "I didn't want to see the women crying," he explained.
"You could walk in there and hear a pin drop," Gregory said. "You could see the emptiness. It was just huddled-up sheep. It was pathetic. It was heartbreaking, heartwrenching. You just want to hug them."
In the summer of 1998, amid mass layoffs and mandatory overtime at the Dade East plant, [Cindy Hewitt] saw workers crowded around a glass executive suite. Some shook their heads and walked away, and others just stood there staring, she recalled. She walked over to check out what was going on and found several department heads putting golf balls in the office.
"I was so upset that I walked in and picked up a golf ball and said, 'Get out and go to the golf course if you don't have anything to do.' It was the most callous, insensitive thing I had ever witnessed. I was completely dumbfounded."
