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Latham to cut 440 jobs as workloads plummet

Spot the deference Sorry Joe, who's deferring to whom? Why don't these firms just say: “Dear employee, as you know, your sole purpose in life is to generate huge profits for my partners and myself in the pathetic and deluded belief that one day you too will be able to screw people like yourself. Although there’s still plenty of work around our numero uno priority must, as I’m sure you will understand, be to preserve our PEP. To keep you and your like employed might mean us having to take home less than a mill, which would be wholly unacceptable. So thanks for your loyalty and hard work, now kindly f*** off.

27-Feb-2009

5:15 pm