consolidations and mergers; the cost cutting and resultant blood letting could be the largest in US history
Sounds like deju vu from the 70's when WWII generation was laid off from corporates first big round of downsizing.
Can you admit that things are better now then 30 years ago. The internet technology, not the dot coms have changed everything. For example over the weekend, I bid and won $8,000 list price of consumer electronics from the Wiz webcast auction for $2,000. It was easier to sit back in my house Sunday afternoon and evening and bid on items I was going to buy anyway for holidays. The dramatic thing was that I was able to beat the paddle holders to the punch since the auctioneers had to press same computer buttons to register onsite bids. Also, I had excel spreadsheet from the auctioneers web site to find exact items I was looking for, digital pictures to see what I was bidding on as well and ability to get street pricing on items from the online resellers.
Today courtesy of the telephony technology revolution to have a short conservation with Garrison, not his real name, who was trying to sell a platium credit card from Providan from India. Trying not to be an ulgy American, I asked him what time it was locally and how was the weather.