More on the Gibson story : Gibson is selling its Memphis factory

[arealken]

Sad turn of events... :sad1:

 

[Cagey]

It's just survival of the fittest. Happens all the time. Some entities evolve and thrive, others don't and go extinct. Plus, bigger is not always better. Look at the dinosaurs, or Rome, or AOL. Chrysler and General Motors would both be worm food if they hadn't been put on life support. Mr. Juszkiewicz is just further proof of the Peter Principle. He finally found his level of incompetency and it metastasized throughout the company, and now it's dying.

Fortunately, there are a lot of companies in the same business who are doing much better, so nobody's really going to get hurt.