8.06.2008

Layoffs on the burning shore

Another business flees Schwarzenegger's California:
Digital prints provider Shutterfly discloses it is closing its Hayward factory next spring, a move that eliminates 100-plus East Bay jobs. Why the shutdown? Shutterfly says it has become too costly to do business in California. Specifically, it's too expensive to operate a manufacturing center in the Golden State. The Silicon Valley online commerce company provides digital photo products and services, allowing customers the ability to upload, share, store and edit digital photos. The manufacturign operations will move to Arizona. Shutterfly also has a factory in North Carolina. The decision will idle 106 employees, according to state labor documents. [...] In July CSAA officials said the high cost of doing business prompted them to close three customer care centers in California.

Schwarzenegger has a solution, though: raise taxes!

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Milestones

I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.