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To: Starwind
Wasn't this the same group that just a couple of weeks ago announced some massive INCREASE in the number of anticipated layoffs?
6 posted on 12/02/2003 7:52:16 AM PST by LS
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To: LS
Wasn't this the same group that just a couple of weeks ago announced some massive INCREASE in the number of anticipated layoffs?

Yep. Last months planned layoffs. Remains to be seen if this is a reduction of the previous planned layoffs, or if additional layoffs are planned but at lower amounts.

CG&C just report what their clients tell them. Some clients report a cummulatve number that reflects all future plans from that moment forward while others report the incremental change to prior plans. And the time frames are ambiguous.

I have to believe that some of these reflect actual reversals from prior planned layoffs to planned retentions.

7 posted on 12/02/2003 7:58:05 AM PST by Starwind (The Gospel of Jesus Christ is the only true good news)
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