Quote:
Originally Posted by campbellcj
It's definitely the case that some strong companies are taking advantage of the timing to clean-house of dead weight.
I'm making more money than ever, and still hiring. Solid businesses can ride through these cycles. The others that can't should shut their doors and their people should compete for jobs with the stronger survivors. That my friends is capitalism.
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You paint to broad a stroke on that statement. Not all businesses and fields are hit the same. Our company is as solid as any, more so than most. We've been running lean manufacturing for 10 years and are poised to weather a storm-within reason. We've adjusted budgets to where we think they need to be, as best as anyone can envision at this time.
But, as a durable goods manufacturer we depend on customers placing orders to keep going. Right now, most aren't. Unless something does change in the next several months, I do envision more serious maneuvers to adapt.