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I got blasted by papa/your envy for laying off a good chunk of my staff after apparently blasting other companies for doing the same (which I deny doing, btw). Then I got blasted again for allegedly deleting papa/your envy’s comments; which I did not do – they are both still there. The comments and the layoffs have been eating me up lately. But I feel some solace that we’re not the only ones. This is based on new Lanser on Real Estate information about the ongoing workforce reduction that lender-employees will continue to face in Orange County as employment in our sector reaches the lowest levels since 2004.
Lanser’s colleague and fellow OC Register blogger Matt Padilla chips in the following sound-bite on his blog:
Sadly, an estimated 3,000 jobs have been eliminated in Orange County by
mortgage companies so far this year. That’s more than 600 jobs per
month.
That probably doesn’t count our layoffs – but that doesn’t make ours any less hard or important. And I still hate having had to do it.
Last 3 posts by Morgan
- Subprime Bananas - June 28th, 2009
- Roubini: No confidence in government exit strategy - June 24th, 2009
- Goldman bonuses largest in firm's 140-year history - June 21st, 2009
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