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Seriously though.. the guy running Kit Car (the editor) found out the magazine was killed the day he was escorted from the office.
Another guy was brought in to finish that issue.. poof, it was gone. In a fat economy we could keep mags just on principal, can't do that today. I will ask officially about subscribers and let you know. Times are tough all over and several magazines were axed, not just auto related. And so the world turns ;) |
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Steve: I really hate to hear that otherwise Trusted and Loyal Employees are treated so crappy. When I went through my two layoff's it was similar, it was then I realized that an employee is nothing more than a necessary evil to the business. If the Companies didn't absolutely have to have them they wouldn't. When they Changed the Office of Personnel, to, "Human Resources", you could tell then the company was separating itself from the Person with a Name, to a Resource with a Number. None of the Big Companies deserve a dimes worth of Loyalty, because they damn sure don't have any for the people working there. The only ones I see that do good, is to Always have a Resume out looking for your next Job. You can usually get raises a lot faster as well. In any event I feel sorry for the people in that department. You could see they were working at getting the Title off the ground, but didn't have enough time. Thanks for your input as always. I hope no one on this site gets the knife, it ALWAYS SUCKS so bad. Take Care, Ty |
Maybe if more people would have subscribed or bought it off the newstand, it would still be around.
There's a lesson here... if you don't want your favorite magazine to go under, be sure to subscribe. Spend that $1 an issue. |
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While I sympathize with the employees, I have to say I don't blame management at all for the way in which they shut things down. Shiny Side Up! Bill |
In conditions like what we are seeing now, the overwhelming majority of companies that lay people off simply have no other choice. When the business is in an extended operating cash crunch, expenses have to be cut, or, the business must burn through it's savings (which it may not have).
Prior to the recent trouble in the financial markets, a business facing a short term operating cash crunch typically could access a line of credit to bridge the gap until business activity improved. For most companies, that option is entirely GONE. Therefore, we can expect more companies will be forced to act, since there is no line of credit available to provide any "elasticity" for maintaining operations. Cash is King. |
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