Quote:
Originally Posted by cody
Best of luck to you guys at IGT. I'm assuming there's some level of risk that you could lose your jobs?  |
Yeah, like 1 in 10 by the numbers.
But that's not as bad as my GF. She just got an email this morning that her company is laying off 1 in 4. She'll be lucky if her whole office doesn't get whacked. But I guess when you're stock goes from $70 to $4 in a year (and from $40 to $4 in just the last month), your CEO resigns, and "all new development will be stopped"... well, you can't expect everyone to keep their jobs. If you wanna see how the credit crunch hurts people, take a look at the industrial property management industry.