jt04
Well-Known Member
That's a good point, but don't most labor heavy businesses trim significantly in order to be more marketable. Not saying that is what is happening here, but it causes one to take pause.
Seems more like they are reorganizing for the future. Personally do not know anyone who has not been effected by these sorts of business practices. Not one person.
8 year "recoveries" will do that. Plus the coming technological singularity. There is always that.
Seriously, I think tech is a major factor along with weak growth in the overall economy.