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The economy "went through a massive slowdown, and people's lives were badly affected, and a lot of people were laid off," he said.
The restructuring comes in the face of a massive slowdown in PC sales.
I expect that the mechanical watch manufacturers will soon be facing a massive slowdown at best and bankruptcy at worst.
A massive slowdown in volumes in the past weeks due to the economic slump has heavily affected the company," said an analyst at WestLB Research in Germany.
A massive slowdown in online trading has hurt brokerages, but many today saw the anticipated Schwab layoffs as a particularly ominous sign.
In this year's bargaining, management asked for new efficiencies on the dock, the ILWU resisted the demand, and when negotiations stalled, the union began a massive slowdown (ostensibly driven by safety concerns) that triggered a PMA lockout.
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Consensus on what will come next is practically non-existent: perhaps the same rate of growth; or perhaps a massive demographic slowdown, an over-inflated economy, environmental meltdown and the strains of one-party rule will bring the whole edifice down.
It gives comfort to OPEC and endangers our ecomomy by validating current oil prices, prices that are risking accelerated inflation and a massive economic slowdown.
The struggling fast-food giant is attempting to recover from a massive profit slowdown with the launch of its "The Simpler the Better" campaign, following in the footsteps of other "clean" fast-food and fast-casual restaurants like Chipotle and Panera.
On the contrary, even with the massive slowdown in recent months, U.S. manufacturing production is still above what it was just a couple of years ago.
Many analysts attribute this massive slowdown in private investment by companies to the negative sentiment generated by the policy inaction on the government's part.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com