Thread regarding Sabre Holdings layoffs

All of the layoffs are a direct result of Silver Lake Partners and TPG Capital, the owners of Sabre, wanting to take the company public. If the numbers are good in 1st and 2nd quarter 2014, the company will be taken public in the 3rd quarter 2014. This is all too familiar for us who have been around a long time. The worst period in this company's history was when we were public under Hannigan for a number of years. It was EXACTLY the same thing...layoffs, pressure to get good numbers, going public, and then managing to a quarterly cycle of pleasing shareholders. "Long term" planning then was 6 months at the most. This will turn out to be the song all over again. Get ready for a very rocky number of years Sabre folks.