Thread regarding Graybar Electric layoffs

from what i heard 200 across the country myself included (12/7/12).then the next week they issused a 1 for 5 stock spilt instead of the usual 1 for 10 and an additional dollar on the year end dividend. if they're so worried about the first part of this year they should have kept that money and cut the profit sharing in half and kept the people that acutually do the work to pay management saleries.