The situation is bad, really bad now. Today there is top management's meeting. After the meeting, news are being spread to us, engineer's level about the current status of our company.
Basically it can be summarized into TWO main points.
1. The "life-saver" product have had issue, causing the customer to pull out the order from our company. This posted a big issue. Due to the world-wide economy downturn, productivity suffered badly. Thus, we had been putting our bet on this "life-saver" since our company has the capability to produce it. Nevertheless, the dream shattered when "life-saver" was pronounce mal-function.
2. Big guy from G is going to our company soon. A lay-off is going to be a statement, rather than a rumour.
Well, I guess it's not just our company that is facing this issue. Many established big sound companies had already did what is necessary for cost saving. Guess it's our company turn soon.