>>A company does not lay off a lot of employees that it has trained at great expence if it sees any hope of a turn around in business in the forseeable future<<
They have in the past and probably will in the future. We have seen how good companies are at predicting businesss conditions. Which one saw the economic collapse comming in early 2000 before it smacked them right between the eyes. What makes you think they will be any better at spotting a genuine recovery?
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