[Wyatt's Torch]

Yikes. Top down is no way to do that... We let our business segments determine the cuts they wanted to make. We did these in 2009 and have added people the last two years when volume picked back up. We just haven’t added as many as we shed.

[redgolum]

This is coming over by executive decree from Europe. By a minority stock holder that happens to have the biggest block of shares (less than 30%).

A lot of it is good, and needed. Some is nuts.