NJ5 on 09 December 2008
| JGarret said: @NJ If we´ve only seen the tip, what should we expect the rest to be like?....many more layoffs? |
At the end of January their financial report comes, which will most likely show a net loss (during a holiday quarter no less). More job losses are practically guaranteed since $1 billion/year in savings won't be enough. It's not just me saying so, I think the analysts have finally decided to open their mouths as you can see in a few of today's articles.
As for the longer term, ask the crystal ball ;)
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