Before the company made its demands, events may have led the employees to believe that their jobs were safe for at least a little while. Two years earlier the city of Bloomington had granted the company an "enterprise zone" status that had already saved it over $1 million in taxes. As one city official remarked in the wake of the threat to relocate, however, "You don't buy loyalty when you buy a company through tax breaks." In addition, Thomson had announced substantial profits just the day before the meeting in the parking lot and had recently committed $10 million to have the name of the Indianapolis Hoosier Dome changed to the RCA Dome for the next ten years. The company, however, still talked tough about the need for "bold actions to cut costs" and argued that it had to "think and act globally." RCA-Thomson managers announced that their actions would be "swift" because their options were "limited" and their time "short."