Saturday, January 17, 2009

layoff time again....

Where we stand...
cash 42%
bonds 28%
equity 31%

1 yr -13.36 %

dow 8281
SandP 850.12
10 yr 2.32%
VIX 46.11

Well, as I expected TXT-CSNA announced another round of layoffs. At least 2,000 this time. We're still in "hunker-down" mode. No new equity investments except retirement stuff. I had my PMP this week. It went well, I don't think they have a performance reason to lay me off. But who knows with those decisions.

I think I'll be safe because I'm on a strategic project and I think the D consultants like me well enough. Plus, we're down two FTEs since Dec. We moved the last of the DWS cash this week, so all at V.

No comments: