The company that I work for decided to lay off 12 of its staff in the USA offices, myself included. I am the only person in the world qualified to do my job, so it is a highly questionable decision. They stated that the decision was due to losses over the last quarter. This is after downsizing to the point that only one person works in any given department. This is why I was the only person qualified to maintain the product that I maintain. No consideration for the damage they cause at all.
@AlphaCentauri Lucky for me, the stock is only traded in Italy, so my retirement is tied in a 401k. I have to agree with you, the company does not look long for this world.
@sirgeefive
I hope your retirement didn't include a company stock plan. That company can't be long for this world.