re: Our Company confirmed it's plan to downsize

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wow, that's never been done before, just another form of outsourcing, they use the "new" shell company as a means to cut pay, vacation, benefits, pensions, and abrogate contracts, same people doing the same(or more) work, for less pay and less benefits

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This is a possibility? Well frick me I've been sitting here trying to work up the nerve to tell my wife that our annual 3 week trip to Barbados was going to be cancelled because I need the funds to "Improve working conditions" or some bullshite that my spoiled arse employees want. Thanks for the tip internet stranger.