Tuesday, August 09, 2005
Foamex, part of the glorious and powerful industrial base of Eddystone, is in financial trouble. This is no doubt the work of saboteurs. Nonetheless, it would suck if something happened to that factory. They say they are “evaluate strategic alternatives for strengthening the company's balance sheet and enhancing long-term value,” which means (I must admit my business translation skills are not the best) they are looking for people to lay off.
Posted by B. Kriplur at 12:48 PM