I don't really believe LJ either. The people they laid off were engineers, marketing & design. That's a very bad sign when it come to future, long-range business plans.
That they were laid off without severance packages definitely doesn't signal a company's financial health. You don't do that if your company is fine financially. Even when I was laid off by my first job (we were sold to another company and they didn't want to keep the employees, just the clients), I got a severance package.
(no subject)
Date: 2009-01-09 10:58 pm (UTC)That they were laid off without severance packages definitely doesn't signal a company's financial health. You don't do that if your company is fine financially. Even when I was laid off by my first job (we were sold to another company and they didn't want to keep the employees, just the clients), I got a severance package.