Craft in Crisis?

Dear Client:For those of you who think we're a bit too alarmist about craft's slowdown, consider that Stone just had to lay off about 5% of its workforce. Stone. Stone!!! They are among the segment's largest employers with more than 1,100 employees.The new CEO Dominic Engels has attributed the cuts to, among other things, a "recent decline in domestic growth for the category and for Stone." The layoffs will help them stay competitive and profitable.Stone's new chief is coming out