Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 304.08

+2.2%

Feb 5 3:59 PM EST

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To: Gottfried who wrote (43672)	3/13/2001 7:25:46 PM
From: Shoibal Datta	Read Replies (1) of 70976

Rhetorical question about lay-offs. If companies really believe that there is light at the end of the tunnel and things will turn around in the next 2-4 months, why are they laying off people now (at the bottom, that is)? Asyst is a small company, but has "reduced it's headcount" by 17%. One might argue that large companies are better positioned in a down-turn. Well, Cisco and Motorola are large companies. Also, Cisco has relatively large coffers. Is it possible that they think that things can get worse from here? Food for thought.

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