ABC News to cut 300 job positions...wait don't do that. That's nowt what we want!!

Okay so the Senate passed a bill that will help the unemployed find jobs, but on the other end of the spectrum, ABC is cutting job positions. The effect=neutral.

With ABC cutting 20% of its staff, the economy is going anywhere. Beginning tomorrow, "the company will offer voluntary separation packages to all full-time non-union, non-contract employees."

The ABC president, David Weslin, wants to "eliminate redundancies wherever possible." I understand where the president is coming from but I think that right now he is making a bad decision. He is just feeding the fire while the govt is trying to do it's best to take out the fire.

With this said, the White House expects the unemployment rate to stand at 10% during 2010. Greeeeat...

What do you think about ABC's decision?

My opinion: not cool