View Single Post
Old November 12th, 2012, 11:42 AM   #8 (permalink)
saptech
I ain't nobody!
 
saptech's Avatar
 
Join Date: Dec 2011
Location: Third Stone from the Sun
Posts: 3,544
 
Device(s): Motorola Moto G, Samsung Stratosphere, Galaxy Tab 2 SE.
Carrier: T-Mobile

Thanks: 572
Thanked 768 Times in 612 Posts
Default

Most companies started laying off around 2007/2008 when the economy started sinking from the housing burst. I believe alot of them just took advantage of the situation to lay off during this time so they wouldn't look so bad, use the bad economy as an excuse.

Also alot of buy-outs & mergers are a cause for layoffs.

Now companies that are hiring are hiring people at lower wages and working them longer hours.
__________________
Like it is...Yusef Lateef
saptech is offline  
Reply With Quote