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Its amazing that these company's are contemplating layoffs when they are selling so much stuff. Sounds politically motivated to me.
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It's obvious you don't understand how this works. They don't just keep employees around for the hell of it. We have to charge our time worked to specific contracts. No contracts means we have to get our employer to pay for us to do nothing. They don't like that.
I am sure inthe construction industry it works the same way...?