Not sure if you heard but there are rumors that we'll be letting some people go in the fall of 2014. I heard that there should be some kind of reorg in the works and as a result of this people might be shifting out of the organization. I am not sure what's going on but Waters is not the only one in our industry who is going through the same process. I cannot confirm this but that's what I heard from two (usually reliable sources).
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Well, it's almost Winter and we did not see any layoffs, so I'd say we are pretty safe right now. 2015 is a different case though.