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Updated: 8:59 PM Nov 3, 2008
Oceaneering Multiflex in Panama City Lays Off 60 Employees
The news on the local economic front continues to get worse. Another two companies have announced they're either going out of business or cutting the workforce. Posted: 5:32 PM Nov 3, 2008Reporter: Kristy Wolski Email Address: kristy.wolski@wjhg.com Oceaneering |
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Oceaneering

It is inevitable that many of these stores will close. It seems that there is a major shopping center every few miles in the whole panhandle area with the same large chain stores. They are usually not busy except for a few months a year and there are ongoing sales. How can any of the stores think they can handle a downturn in business. Who is to blame more, the crazy development people at the chains and stores, or the developers who continuously build more shopping malls and strips.
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