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Thread: layoffs?
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Old 4th December 2008, 12:02 AM   #170 (permalink)
Fifth Element
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Location: Fredericton, NB, Canada
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Quote:
Originally Posted by gribble View Post
I'm glad I work for a well run company, with excellent senior management who saw the financial crisis coming and tightened their belts early. Now, despite the downturn, it's unlikely we're going to have to make any layoffs (and, in fact, we've been able to make a big christmas donation to a couple of local children's hospitals).
What you're missing is that these layoffs are likely not 100% due to the economic conditions. Historically, new edition releases have been followed by layoffs. They are probably greater due to the economy, but it's very simplistic to assume these layoffs could have been avoided if the company was "well run".
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