Layoffs Quotations

If you really want to kill morale, have layoffs every two months for the next two years.

Most companies that go through layoffs are never the same. They don't recover because trust is broken. And if you're not honest at the point where you're breaking trust anyway, you will never recover.

Smart development builds on a region's own skills, resources and local businesses. Dumb growth invites a big corporation in, surrenders control and profits to a distant headquarters, undercuts local manufacturers, and risks layoffs without warning.

The point is that mounting layoffs and weak consumer confidence will keep consumer spending fairly weak.

We're back on track after the ill effects of the hurricanes. But it is also fair to conclude that global competition and corporate layoffs are weighing on job growth.

We have no layoff targets and no company-wide numbers. We never announce overall layoffs because we don't plan for them across GE. We leave it up to individual businesses to decide what actions are necessary to meet their objectives. However, it's clear we'll need fewer jobs at GE because of redundancies from the Honeywell acquisition, the Montgomery Ward bankruptcy, modest volume-related reductions and GE's digitization activities.

There is a recession already in some industries. And I think the key driver is going to be the consumer and how bad the unemployment rate is going to be, considering that layoffs are starting to pick up.

There is no doubt that there will be layoffs of public safety employees.

When you borrow to the max, you can't afford to take a hit on income, and unfortunately what we're seeing are layoffs and reductions in income and potentially an increase in the already high level of bankruptcies.

Layoffs continue to rise and job creation continues to slow,

Layoffs are still very high, and the economy seems to be showing little sign of pulling out of the doldrums, ... These lower cuts may just mean that we aren't seeing any further dips right now -- that we're just in this kind of steady, low-wattage kind of state.

Layoffs always are higher late in the year. All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number.

Layoffs always are higher late in the year, ... All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number.

One of the biggest economic uncertainties is whether the ongoing layoffs will mushroom and spread,

CBFA will give us the necessary critical mass to broaden and deepen our penetration of the retail supermarket, club store and foodservice channels, ... The completion of the transaction will enable us to accelerate the realignment of our existing production facilities. Not only will this transaction not result in layoffs and plant closings, we expect to increase our production capacity and manpower.

If the consumer gives up here -- if these layoffs lead to a break in confidence and more cutbacks in spending later, we will be on the brink of or perhaps into a recession.

The pace of layoffs is rising again, while new hiring has stopped. These trends will likely be extended because of the economic dislocations associated with this week's tragic events.

The pace of layoffs is rising again, while new hiring has stopped, ... These trends will likely be extended because of the economic dislocations associated with this week's tragic events.

We may now have moved into the second half of a slowdown, ... because these big layoffs have begun to appear more regularly.

I wouldn't own any bank stocks in the Midwest. They're exposed to the problems of the auto industry and the Ford layoffs today are just the latest example.

I think it is a real stretch to say the decline of department store advertising has forced layoffs at any one newspaper.

I think the NRF forecast is hopefully optimistic. I don't see a pickup in sales until the pace of layoffs slows down.

I think the NRF forecast is hopefully optimistic, ... I don't see a pickup in sales until the pace of layoffs slows down.

Labor markets are deteriorating rapidly. Layoffs remain at a fast pace, while hiring has all but stopped. As economic activity continues to unravel, there are few prospects for a near-term turnaround. The national unemployment rate, now at 4.9 percent, should breach 6 percent before the economy begins to recover.

Labor markets are deteriorating quickly in the wake of the terrorist attacks on September 11. The economy was quite weak before the attacks, which have accelerated the pace of layoffs. As layoffs spiral higher, hiring activity has stopped, giving a strong upward push to joblessness.

I think we are seeing a second round of layoffs if you will in some large corporations. We're also seeing a lot of mergers and acquisitions. And the other thing that we're seeing is: corporations putting their capital where they can get the best return, and often that is outside the U.S. for low wage jobs... inside the U.S. for high wage jobs.

I think everyone knows it will start moving higher because of all the layoffs we've seen so that will probably just tell us what we already know,

Some of the manufacturing layoffs were offset by gains in retail.

Widespread layoffs and rising unemployment do not signal a rebound in confidence anytime soon, ... With the holiday season quickly approaching, there is little positive stimuli on the horizon.

We have to recognize this is not going to be a painless process. There will be additional layoffs ... There is going to be some pay pain. There will be increased work burdens.

We can't be sure of the exact figures, but the number of layoffs must be high. Several industrial firms in KIM have reduced their labor costs since the government announced fuel price increases last year.

We've had long layoffs earlier in the season. It didn't affect us then, and this won't either. I'm ready to play and bring a gold ball to Moss Point.

Wages have been outpacing inflation. However, we're also seeing more layoffs this year than we did last year, so there is a lot of competition out there.

You know you hear the layoffs of 75,000 people, but when you realize how big the company is, it's not quite as dramatic as you might think, ... But I still haven't heard a fact that it's 75,000 people.

We are always on the hunt for some really good people with some good ideas, ... There will be some layoffs because there are some synergies and there will be people doing the same thing.

The pattern in claims in recent months is strikingly similar to 1990 -- a long slow climb and then a sudden acceleration as layoffs accelerated,

While nearly 90 percent of consumers say they will not cut back on their buying plans, it's important to note that this figure is very likely to fall as widespread layoffs begin to materialize,

We said from the beginning that we would revisit the layoffs in three to six months.

We at the current time don't have any layoffs planned.

With a longer-term view, layoffs have accelerated, job creation has slowed, and joblessness has increased.

The recent natural disasters along America's Gulf Coast - which displaced more than 1 million people - along with surging gas prices and major corporate layoffs have directly and indirectly impacted the Kingpin Million Dollar Challenge and has left us no other alternative but to postpone the event until 2006.

Those types of announcements don't make the news but layoffs of any sort do. I think we're at a stage where healthy companies are hiring but that there is still a shakeout with some of the weaker companies.

Those types of announcements don't make the news but layoffs of any sort do, ... I think we're at a stage where healthy companies are hiring but that there is still a shakeout with some of the weaker companies.

What is impacting the consumer is the cooler weather in several key regions, the increasing energy costs which take cash flow from the mall to the tank and a lack of exciting new fashion, ... We would also point out that a flattish market performance and news of layoffs are probably in the back of consumers' minds and causing a tightening of purse strings.

We might skirt near a recession, and this could change tomorrow ... but layoffs aside for a second, there are some positives. The government is being very active by putting liquidity back into the economy, and recent tax rebates and cuts in the tax rate have helped consumer confidence.

We expect Oracle to immediately execute a round of layoffs targeted at Siebel's back-office and administrative employees.

As the newspapers remind us every day, job layoffs are still high, but the point is that they now appear to be slowing, ... The worst is over, and the decline in output and employment will soon slow.

As the economic ramifications of Sept. 11 continue to reverberate in the coming weeks and months, and the number of layoffs continues to rise, the economy faces tougher times ahead. While consumers have managed to keep the U.S. out of a recession for several years now, that soon may no longer be the case.

Even as the pace of layoffs has ebbed, no new hiring is taking place, so continuing claims will rise even further and surpass their peak in the last recession. Labor market deterioration is continuing with no end in sight.

There's a general sense of weakness and caution and I'll tell you the headlines in the newspapers these days do not help, ... We're seeing more layoffs and consumers are beginning to feel there's a cold winter breeze suddenly blowing their way.

There's a general sense of weakness and caution and I'll tell you, the headlines in the newspapers these days do not help. We're seeing more layoffs and consumers are beginning to feel there's a cold winter breeze suddenly blowing their way.

The rise in auto and other consumer loan delinquencies reflects the avalanche of layoffs over the past year and a half. Until job growth gains upward momentum, relatively high levels of delinquencies will remain.

These newspapers generally have by industry standards fairly fat news staffs, so generally the layoffs are not draconian,

These layoffs are difficult but appropriate to enable progress toward our improved business model and to enhance shareholder value.

The sluggish economy, declining consumer confidence, widespread layoffs and the tragic events of Sept. 11 appear likely to hold down holiday spending as we head into the final five weeks of the year, ... But retail outlets offering the price-conscious consumer a good buy may fare better than projected.

North Carolina is still reeling from mass layoffs despite better-than-average job growth.

November's unemployment rates were a bit of a mixed bag. We had some gains in retail jobs that were offset by some layoffs in manufacturing, but (the layoffs) were not dramatically reflected in the numbers.

Companies are much more nimble today. They're cutting costs, but then they grow in new areas, so layoffs continue at the same time as job growth.

Companies are much more nimble today, ... They're cutting costs, but then they grow in new areas, so layoffs continue at the same time as job growth.

Although layoffs seem to be diminishing, surveys indicate that households continue to be worried about the condition of labor markets,

A lot of people made a lot of money in the last two days, but nothing much has changed. We're still facing layoffs and the threat of action in Afghanistan, ... This is still a market that is focused on good corporate events going forward, and right now, we're not really seeing any.

Consumer spending remains the mainstay of this weak economic recovery. With tax cuts enacted, the consumer is likely to continue hanging in there. But a real recovery, including a slowdown in layoffs and the opening of new jobs, is far more dependent on recovery in (business) investment than on stronger consumption growth.

It now appears that the trend in jobless claims is stabilizing at about 400,000 per week, ... This is well above the trend level at this time last year, but it is no higher than in the spring. This means that layoffs are continuing at a rapid pace, but they are not accelerating.

It used to be taken for granted that you wouldn't do layoffs during the holidays, but that hasn't been the case for at least several years.

There've been rumors of planned layoffs for the past few weeks. Kara invited me to her office this morning and both her and someone from HR said my position didn't exist anymore, and they explained the severance package to me, and the package was very generous. Kara made it as humane as possible. I had as much time as I needed to say goodbye to my colleagues.

The new orders index was better, profits are going to be up a little, interest rates are at a record low, there have been so many layoffs that that may start to dry up, there will be rising productivity and higher profit margins -- all these things combined could give some support,

The labor market may finally be hitting bottom. While layoffs remain large, they are no longer intensifying. Job advertising volume has stopped declining, although it remains at very low levels.

I know that the news of dismal economic forecasts and the layoffs in the technology sector has some people in the industry worried,

If you look at the segments of the economy where we do have deflation, particularly in the goods industry -- and particularly in durable goods, such as automobiles and heavy machinery -- that's where most of the layoffs have been concentrated, ... That's where you see the connection of disinflation to overall economic growth.

In Ontario, job losses in manufacturing have accelerated in recent months alongside announced layoffs in the key auto sector. However, Ontario's economy is well diversified and strength in the service sector, which accounts for more than 70 percent of overall employment and economic activity, should support vehicle sales of about 590,000 units in 2006 - in line with the average of the past two years.

I have to think there will be more layoffs in the pipeline.

In the past year, ... the number of people receiving state benefits has increased by more than a million. Although the pace of layoffs has eased, job creation remains nonexistent.

If he's worried about tight employment, wait until he sees massive layoffs in brick and mortar companies over the next two years,

The initial wave of layoffs in those industries most directly affected by the terrorist attacks has passed. However, there is another wave rolling to shore. This second wave will be from the subsequent economic dislocations caused by the Sept. 11 events and be much more diffused through the economy.

The layoffs will be a part of every major city's redevelopment. There will be bumps in the road, like in any major city. It's unfortunate it came at this time, and dampens the party. But you try to put the best face on that you can.

The last round of layoffs were directly related to natural gas prices. This last round was a group of workers I didn't want to let go, but utility costs forced us into a position where we had to." ()