More Signs of a weak economy
There are more signs of a weak economy. There is a Business Week story of about how severance packages are on the chopping block. At a past employer I was sitting around with a bunch of engineers who had avoided two rounds of layoffs. I told them, "Laugh it up, they are not going to let you go until they lock the doors." A friend chimed in by saying, "I have never been a place where severance packages got better in later rounds of layoffs." That silenced the table.