Smoke and Mirrors job cuts

The more LA asks around and digs the more he finds evidence of job cuts that have little or nothing to do with the recession.
Eon announce 450 job cuts for their retail division, it hasn't made a profit in 2 years that means it was losing during the good times.
LA is aware of a major manufacturer who has been looking for an excuse to scale back UK operations for years but couldn't get it past the unions, they have shinny new plants overseas that were nowhere near capacity.

If this is the case it would suggest that the recession could be more V Shaped, deeper but shorter. LA sincerely hopes this is the case. If not David Cameron will be more like and administrator than a Prime Minister when he gets elected.

LA