I try to avoid talking about work here. However, in this case I think it’s worth a brief comment. My current employer has recently announced that it will be cutting 6% of it’s current work force. If you are familiar with my employer, you’ll probably recognize that as a fairly significant loss of jobs.
It’s not really a surprise that this is happening. Many employers in my sector are making big layoffs this quarter. That said, we did post some pretty reasonable results on our most recent earnings call, so I’m a little surprised by the severity of the actions they are taking.
There’s not a lot of detail about the job losses just yet. I don’t know who’s getting cut, where the cuts will be, or when they will happen. All we know is that they will happen, and happen sometime in 2009.
Nothing to do now but keep doing what I’m doing until I hear more.
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