Business conditions can change such as to necessitate temporary and
permanent layoffs, Buffett told investors at Berkshires shareholder
meeting in May. Theres really no alternative.
Thread: NetJets Europe  |
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Started 2 months, 1 week ago by FL290
Our transatlantic brothers are reporting that NetJets Europe CEO has just
fallen on his sword too. Sounds like Sokol is starting to sort that mess
out too. It never made a profit in the good ol days and it sure aint gonna
in the next few years.
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Other posts in this thread:
jtf560 replied 2 months, 1 week ago
There was a recent announcement of something like 15 percent of the overall employees at NJE would be getting laid off. I think it was to include 6 percent of the pilots, but I don't remember for sure and I'm not sure if that includes those who took voluntary measures or not.
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