Rockwell restructures-- cuts 3% of workforce

According to an article in the Wall Street Journal Rockwell's CEO Keith Nosbusch announced a restructuring yesterday that will involve the reduction of 3% of the company's workforce. I have to wonder if this isn't just the first of many such restructurings as the automation industry takes stock of the vastly changed economic situation throughout the world. Read the article: http://online.wsj.com/article/SB122282989884693267.html?mod=googlenews_wsj