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BancorpSouth, Inc. Message Board

  • bullmarket71 bullmarket71 Sep 12, 2013 11:28 AM Flag

    Layoffs

    I wonder if the analyst are factoring the potential loss of 1500 jobs in Tupelo via Lane Furniture. I know several of the employees were told to take the rest of this week off. Pretty quick reactions. That would surely affect delinquency, as well as deposits. Another huge employer in the area is struggling as well in the tire industry. That's a lot of folks in a small town like Tupelo. Not sure if there is enough industry to absorb this .

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