Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SargeK who wrote (58210)	1/11/2000 7:47:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

FGH: rumors, or fact ? - yahoo posts on massive layoffs, payroll concerns ? SargeK - any conformation on this ? Is FGH laying off ? The "payroll" concerns don't make much sense to me, but layoffs may be factual ...? Quoting a news report on WLOX in Mississippi - any listeners out there ? messages.yahoo.com <"lay offs by: pipewelder4hire 1/11/00 6:23 am Msg: 2895 of 2898 has anyone heard of the lay offs at fgo? last week there were 500 laid off and this week there will be more than that. it was told to the workers that there was not enough money to make payroll. ealier today the company is going into file for protection of some kind. does this mean that the few people that are still on the payroll will not be able to cash their checks? and, after all the people that have been laif off find other work, does fgo expect them to quite there new jobs and come back like nothing happened? there will be no more night shift after wednesday at all. so what is left on day shift will not be able to meet the deadlines in order to draw money according to the contracts. where will this leave the stock holders, and the people that work for fgo? "> messages.yahoo.com Layoffs by: sdm8309 (29/M/New Orleans) 1/11/00 7:26 am Msg: 2897 of 2898 <"Yes, I heard that 500 were layoff last week and heard a report on WLOX( local station for South Ms) that many were yesterday. Could be a scary preview of things to come. ">

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