sucks for employees, but lets be honest - if you worked at a company of 1500 people, and you watched that number dwindle to 500 over the course of a year, unles

sucks for employees, but lets be honest - if you worked at a company of 1500 people, and you watched that number dwindle to 500 over the course of a year, unless you lived under a rock, you pretty much knew this day was coming. Exec's can probably be faulted to waiting until the last minute/dollar to close up shop to see if they could pull a rabbit out of the hat - but it seems there were about 500 employees also hoping against all hope that said rabbit would be pulled. Advice for employees - when the writing is on the wall, read it, and plan/act accordingly - best to start interviewing for a new job before everyone else from the same company, in the same area, is doing the same thing.