"IBM surprises with 12% profit rise"There will be many more like...

"IBM surprises with 12% profit rise"

There will be many more like this in the coming week. If not showing profits, at least showing less negative side to results than expected. (ie: the market overshot) The remainer are adjusting quickly; far quicker than in the past.

JNJ with 14% rise and now IMB too. Yet, their prices were hit earlier along with all the other (truly) mismanaged companies. There is a big difference between cut backs to remain profitable and cut backs to save a company's bacon. One is only cyclical and the other is not a cycle, but more like a line (to the end. lol).

Get over this thought of an overly doomed future. It will be tough, but opportunities for good investment are always there if you look.

Employees are hired as a resource like other company inputs. They come and go. The business is the entity that survives and produces if it is healthy enough. Employees have to look after themselves (as unfortunate and cold the fact may be).