Thread: Survey: LoT Unemployment Rate
View Single Post
Old 03-03-2009, 06:49 PM   #17
scaeagles
I LIKE!
 
scaeagles's Avatar
 
Join Date: Jan 2005
Posts: 7,819
scaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of coolscaeagles is the epitome of cool
Quote:
Originally Posted by Ghoulish Delight View Post
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.
scaeagles is offline   Submit to Quotes Reply With Quote