….are hearing that most of Bill Davis Racing’s employees were laid-off earlier this week following the sale of the team to Marty Gaunt and Mike Held. Despite the bad news, all team members are getting a chance to reapply for their position with the team. They will begin bringing back employees after the first of the year. The move appears to be an attempt at restructuring the organization. By doing this, they can cut loose any employees they do not want while removing any seniority and cutting salaries they might see as high. Given the present climate, it is very much an owner’s market. There are a lot of talented people who are looking for work and those with an opportunity to stay where they are at are very likely to take a pay cut in order to avoid job loss.(NASCAR Insiders)(12-28-2008)
