The headline to this Pomona Now post says it all:
Economic downturn results in Fairplex layoffs
CEO Jim Henwood said the following:
Henwood said Fairplex is "in good shape" and prepared to meet its commitments, but it has seen fewer guests staying or planning events at the Sheraton Suites Fairplex and some events on other locations around Fairplex cancelled due to the economic downturn, he said.
While the timing may be interesting - why lay off permanent staff a couple of months before your most important event? - we have to remember that Fairplex is not a one-month a year business. It's a 12 month operation, and if people aren't coming in the other 11 months, something has to give.
Thrown for a (school) loop
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