Thread regarding Manulife Financial Corp. layoffs

I work for MFC, I do not like what's going on, I may be on the chopping block as well. At the same time, if they pull this outsourcing thing off (and I think they will) there is a good potential that our stock will be 20 to 30 % by Spring 2014... Do the math, the cost cutting will increase EPS, we'll suffer some on quality but in a year or two things will stabilize. By that time, I might be working somewhere else but hey, it's capitalism and I am confident that my skills are transferable (I am in IT)