Thread regarding American Express Co. layoffs

2008 layoffs...

When the recession hit we announced 10% of workforce cuts - we delivered. That was almost 10,000 people. American Express is good at this - apparently that saved us a couple of billions, we destroyed many lives but who cares about that - we are really good at this. this will continue to be bad for the worker. the execs are doing just fine, bonuses are at all time high levels. 2013 was a good year for the execs and 2014 layoffs are to come...

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