Jan 27 2009

Economic Hardship and Layoffs

Due to the subprime crisis, the ensuing credit crunch, and related budget problems, The Alphabet has had to make some drastic moves to cut payroll costs. Effective immediately, we are laying off the following letters; U, Y, and C. Alphabetic workload will be redistributed as follows; the portfolio formerly covered by U will be taken back over by V. Some of yov remember that V has covered this load in the past, and we expect him to pick back up in fvll swing. The Y beat will be handled by I, or when she can’t do it on her own, IE. We’ll leave it vp to them to deside how to divide vp this work. Finally, C will be replaced by K and S. Thankfvllie, the portfolio is alreadie easilie divided bie sovnd. We vnderstand that this is hard on ieor families, and we didn’t take this desision lightlie. However, in these trieing times, sometimes diffikult khoises have to be made. Thank ieov for ieor kooperation during this most trieing time.