RoyJackson
Rest in Peace
- Joined
- Nov 17, 2001
- Messages
- 23,144
- Location
- Bethel, Vermont
- Tractor
- John Deere 4052R Cab,, Deere 855D UTV, Z920A Zero Turn Mower and assorted implements
I'm sorry for your job loss but you are erroneous in blaming regulations.
Vt. Castings Announces 30 Layoffs in Vermont | [url]www.ourherald.com | Randolph Herald[/url]
some quotes:
Btw there are some prominent US companies that routinely lay off thousands of employees every year, while posting and projecting record earnings at the same time. Sadly in today's corporate culture, layoffs don't tell you anything about how well a company is doing.
Although there were seasonal layoffs, the layoff in July 2013 hit some 30-35 year employees...not a seasonal thing by far. Also, the layoff hit areas that were normally immune to layoffs. This wasn't seasonal...this was downsizing.
They are looking into some new products that might go quite well (and profitable), but not in the wood stove end of the business.
BTW, I wasn't blaming the regs on that layoff....that was a business decision to reduce cost on a highly leveraged buyout. My response was to a claim by Sodo that the wood stove business was thriving...it's not.