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Old 01-26-2009, 07:01 PM
 
371 posts, read 1,568,688 times
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Don't forget IBM is set to lay off 16,000 but not because of money problems.Perfect timing IBM. Greedy execs.
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Old 01-26-2009, 07:31 PM
 
Location: Texas
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tough times a'comin. i suggest yall get prepared. as long as the gobment continues taxing legally produced spirits, I'll be able to get by.
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Old 01-26-2009, 07:40 PM
 
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Looks like IBM is doing it the sneaky way to keep it out of the media. Piece-meal.
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Old 01-26-2009, 08:08 PM
 
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Yup, lay offs are getting kicked into hyper drive. The best paid will be the ones to go.

if there is no good paying jobs, people will sell their labors for less.

I am sure we could get to the point where 90% of the working population works for minimum wage + 10% above and the other 10% will make minimum wage + 15,20,25,30% more.
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Old 01-26-2009, 08:52 PM
 
Location: Great State of Texas
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And not all 4Q earnings are out. I don't recall any past "recession" being this bad.

The only shining light in this is the hope that the CEO's will get fired when there are no more employees under them.
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Old 01-26-2009, 08:53 PM
 
Location: Great State of Texas
86,052 posts, read 84,619,694 times
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Quote:
Originally Posted by FarNorthDallas View Post
Looks like IBM is doing it the sneaky way to keep it out of the media. Piece-meal.
Yeah..3000 so far and still counting.

Union: IBM layoff count nearing 3,000 this week
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