They are laying off 1,000 people. And yet there is a shortage of some equipment to sell in the US? The new bosses are are taking the boards contention to go after Canon but they missed the boat (litterally) on demand. Canon is resorting to big rebates. Nikon is out of stock on popular products. So, now they are going to lay off people?? I know it goes deeper than that. But it seems Canon is over stocked, Nikon is under stocked. So, why the layoffs. Just going to let the stock status stay low, and people on the fence tired of waiting just go over to Canon?? Nobody can guess the economy. But it seems at least in the US case, they are not watching the store, or are very gun shy about producing products and not hitting the target.