HI
They are firing the people that have worked there for years, then hiring overqualified people who can do two jobs, and pay them less than they paid either person they're replacing. They kill two birds with one stone-- reduce the number of jobs and the pay. Since the new healthcare bill mandates insuring even part time employees, some businesses are combining a few part time positions into one full-time one. The new college graduates have it bad, I really feel for them. New degree in economics? Job at Subway. So depressing.
Two of my friends, long time really good RNs, were fired last week, so I'm especially bitter about it all.