Thread regarding ION Geophysical Corp. layoffs

The rumors are building up again - I am not sure if ION will go thru cuts again but I can tell you that I've heard from at least three...

The rumors are building up again - I am not sure if ION will go thru cuts again but I can tell you that I've heard from at least three different folks similar stories about the cuts planned for this year. I personally think the cuts at ION will take place in 2014 but let's wait and see what happens. We have many structural problems and I am sure all of us see where the fat is but at the same time I know people have mortgages and families to feed and I'd be very sad to see any one go. On the other hand, hey, it's corporate America - no mercy here...

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