Survey: LoT Unemployment Rate

[scaeagles]

Originally Posted by Ghoulish Delight

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.