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How bad will this get?

Posted: Thu Nov 08, 2012 11:53 pm
by ChopperDoc
http://twitchy.com/2012/11/08/layoff-bo ... mass-cuts/

Layoff bomb detonates; Large corporations join small businesses in announcing mass cuts

How bad will this get?

Posted: Fri Nov 09, 2012 12:09 am
by ssracer
Well yeah, they were told till after the election for that

Re: How bad will this get?

Posted: Sat Nov 10, 2012 6:37 pm
by kokopelli
they were threatened with DOD and other Fed agencies pulling their contracts if they didn't wait until after the election.

Re: How bad will this get?

Posted: Sun Nov 11, 2012 8:04 pm
by renovatio
kokopelli wrote:they were threatened with DOD and other Fed agencies pulling their contracts if they didn't wait until after the election.
Can you substantiate that? I'm not trying to be argumentative, I'm just curious how it came to light.

Re: How bad will this get?

Posted: Sun Nov 11, 2012 8:13 pm
by ssracer

Re: How bad will this get?

Posted: Mon Nov 12, 2012 7:50 am
by kokopelli
I actually saw a couple stories on the news. One of the corporate bigwigs at Grumman aero was complaining because they were going to have to break labor laws by NOT telling employees they knew that layoffs were coming. Dear Leader promised them immunity and reimbursement for any legal costs.

How bad will this get?

Posted: Mon Nov 12, 2012 10:42 am
by jackalo626
kokopelli wrote:I actually saw a couple stories on the news. One of the corporate bigwigs at Grumman aero was complaining because they were going to have to break labor laws by NOT telling employees they knew that layoffs were coming. Dear Leader promised them immunity and reimbursement for any legal costs.
Wow!!!

Re: How bad will this get?

Posted: Mon Nov 12, 2012 12:53 pm
by Looksdeadtome
I'm guessing it will get alot worse before it ever gets any better.

Re: How bad will this get?

Posted: Mon Nov 12, 2012 12:55 pm
by Looksdeadtome
I do know that a company I use to do consultant work for has decided to shut completely down, rehire 49 employees and start over just doing small jobs. They have 1100 emp at this time, it is a shame they will be getting layed of before Thanksgiving.