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Pastimes : Layoff Totals for US Companies -- Ignore unavailable to you. Want to Upgrade?


To: peppe51 who wrote (7662)12/3/2008 7:11:53 PM
From: RockyBalboa  Read Replies (1) | Respond to of 8051
 
Though it is sometimes hard to understand that even highly profitable companies cut jobs by and large, see STT and earlier WU. Either those companies are mismanaged and had excess capacity for a long time (and just use the current misery as an excuse to trim some fat) or they have serious undisclosed troubles ahead which force them to cut cost while the going is good...

The other theory is yours... its the trickle down of layoffs.