Host said: What do you think -- is this company going to survive and thrive? Are they looking to expand their staff, or do you think layoffs are inevitable?
How does General Growth Properties stack up against the competition?
No, I think this company is a sinking ship. Not only did they lay off all of their hard working marketing management teams, but they also let go of the operations managers and admin staffs at some of there other properties. They have also cut the payroll for security and eliminated any non-emergency capital spending. Leasing activity of major retailers has also dropped dramatically. The CFO as well as the other top executives have all been selling off their stock - leaving their field associates in the lurch. KEEP FAR AWAY from this company.