Tuesday, February 3, 2009

Is the worst yet to come ???

The recently concluded World Economic Forum in the US said in a press meet that the worst was yet to come. This statement shook the business world. Already the companies are facing the heat, the worst could prove to be fatal to most of the companies. With over 5 million jobs lost worldwide, one can expect more job cuts in the very near future.

There seems to be no signs of improvement. It all depends on US to steady the sinking ship. With the slump in the economies everywhere, only India and China seem to have a breather. Let's hope all this ends and the people with no jobs get back their jobs.

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