Sunday, November 16, 2008

You've Got to Know When to Fold Them: Ameristar Layoffs

Ameristar, a casino operator, has begun its layoffs and has hit Missouri with 5-6% staff reductions.

In economic hardship, where cash is king, the need to throw away money had subsided. Another hole goes into the common vice index... Or are things worse than we had anticipated that even the vice index is going down like an office elevator at lunchtime.

Related:
Holes in the Vice Index = Strife?
Kicking the Habit: Altria to Cut Jobs
Consumer Spending Drops Most In 28 Years

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