[Cheerio]

“They wanted to throw the severance costs into this year because last year was already so bad,” according to one former exec.

This statement makes no sense. Most corporations - when they have a bad year - throw in all the expenses they can find of a non-recurring nature - to set the stage for a comeback and profitable year following.

[super7man]

I agree. Why insure 2 bad years in a row?

Doesn’t make sense.