Reader comments: MediaOne lays off workers in multiple departments
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Guru | 9:11 p.m. June 21, 2008
I saw it coming too. A company can only operate in red for so long before they have to start cutting people lose. Things are going to get a lot worse, depresion worse and everybody in power is in total denial.
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It's going to get A LOT worse. This has just started. Hasn't anuone noticed that all the cities are scrounging for fees and tax money?
Not long ago they were awash in tax money from the bubble economy. One local anchor said house prices were going to go up at double digits EVERY year for the next several years.
Guess we need to be careful who we listen to. Now CNBC is back tracking on their second half recovery fantasy.