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Ghoulish Delight 03-03-2009 04:39 PM

Quote:

Originally Posted by scaeagles (Post 271310)
Survived a lay off today. Even though my company was profitable last year they had a round. This was presented to us as being prudent, and while I suppose I can appreciate that, the 10 people or so in my local office and satillite offices that were let go must not be feeling too good right now (4 in my department).

Our company made profits of over $90 million in every quarter for the past 5 years or so, over $100 million in several. We have millions of dollars of cash in reserve. But because we're making slightly LESS than that in recent quarters, we've had a round of layoffs and have implemented some semi-drastic cost cutting measures to prevent more.

Betty 03-03-2009 04:50 PM

I'm afraid if I vote I'm employed that that will change so I'm going to abstain.

I've survived, so far, numerous rounds of layoffs. I'm told by coworkers that there's no way they would lay me off because of all the things I do, yet I can see ways to work around that. Not that I'm telling anyone. So sssshhhh!

wolfy999 03-03-2009 05:15 PM

Employed part time at two jobs and getting increased hours at both. But who knows for how long.

Cadaverous Pallor 03-03-2009 05:17 PM

My union just cut a deal with the city that we'll have our cost of living increase deferred for a year, with the guarantee that we'll have no layoffs or even furloughs until July 2010. Phew.

JWBear 03-03-2009 05:41 PM

Quote:

Originally Posted by Cadaverous Pallor (Post 271322)
My union just cut a deal with the city that we'll have our cost of living increase deferred for a year, with the guarantee that we'll have no layoffs or even furloughs until July 2010. Phew.

You don't know what you're missing. Furloughs are fun! :rolleyes:

Stan4dSteph 03-03-2009 05:52 PM

Quote:

Originally Posted by Ghoulish Delight (Post 271304)
Employed, with general indications that my job is secure for a while, but no guarantee of that.

Ditto.

scaeagles 03-03-2009 06:49 PM

Quote:

Originally Posted by Ghoulish Delight (Post 271313)
Our company made profits of over $90 million in every quarter for the past 5 years or so, over $100 million in several. We have millions of dollars of cash in reserve. But because we're making slightly LESS than that in recent quarters, we've had a round of layoffs and have implemented some semi-drastic cost cutting measures to prevent more.

I can appreciate and understand where the company you work for is coming from as well as where I work. I work for a pretty big corporation (when I left self employment I started working for a 90 person company which was acquired and the a mega merger took place) with 10 figures in cash reserves.

I suppose this should make me feel good that I still have a job and the company is being cautious....I just feel like crap right now. Survivor syndrome or somethng.

CoasterMatt 03-03-2009 08:01 PM

Employed, and currently working on the contract negotiation team to stay that way.

lashbear 03-03-2009 08:06 PM

Gentleman of leisure. :rolleyes:

Tref 03-03-2009 09:13 PM

Other then that Mrs. Lincoln ...
 
I was working three jobs. My night job cut my hours to zero, my weekend job is shaky and my day job ends in June.


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