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In 2008, two large firms in San Francisco, Thelen and Heller Ehrman, imploded in part because of a business slowdown.
Others are less cynical, at least about Rolls-Royce, which says the layoffs are motivated solely by the business slowdown.
"First, we experienced lower-than-expected September sales due to a business slowdown in all geographies," he said.
Also mentioned were the slump of the automobile indus try and the signs of a general business slowdown.
The layoffs were being made by local managers trying to respond to changing client demand and did not reflect a business slowdown, I.B.M. said.
Thelen and Heller Ehrman, two firms whose deep San Francisco roots extend back decades, have collapsed outright, in part because of the business slowdown.
Similar(32)
Like Japanese automakers, Saturn committed itself to never lay off a worker, using business slowdowns, for example, as opportunities to provide extra training.
We picked up on Lightbridge in our screens Dec. 18 for companies with little debt–something that can be a big advantage during business slowdowns.
These days, Mr. Muhlenkamp's analysis points to a business-cycle slowdown that has been worsened by the terrorist attacks last month.
But beyond the business cycle, another slowdown has received scant attention.
Investors were focused on other signs of weakness in Google's business, like a slowdown in Britain.
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CEO of Professional Science Editing for Scientists @ prosciediting.com