Originally Posted by
Blueridger
Well in the frac world, his comments are dead on, and you seem clueless. Let's see: Flexjet, Flight Options, and Citation Shares have all had layoffs. Not one of them attempted to implement a furlough reduction program before the pink slips were mailed to their employees.
Not exactly. CitationShares did attempt their own version of a LOA/buyout before the the first round of furloughs. Granted, it was very weak in relation to the current NJA offer, but an offer nonetheless.
EXTW
PS Good luck to all those NJer's that will be affected by a RIF.