Job cuts: its hard out there
nzshadow
5,526 Posts
Damn, shit is getting realer than real.20000 at Caterpillar, 6000 at Phillips, 5000 at Microsoft.I work for a multinational, 7% of the staff were fired last Tuesday, NO WARNING, security escorted them to the door within 10 minutes of being told. While we were being told some of us would be going, the unlucky few had their accounts deactivated. Shit was cold. I missed the first cull but there will be more. How you all doin out there?
Comments
Dodged the first bullet... don't know how many more spins of the chamber I got left, though.
Father-in-law laid off. We're helping support them. My wife has guaranteed work through August. In this economy, I feel like that's as secure as it gets.
Hard times in the writing field, period...that was my gig until last year when Layoff Fever happened to me.
Sis's other job is working at a non-profit teaching adults with disabilities art. It looks like the California state legislature will cut this funding first (art + adult education = doesn't stand a chance). She might not have any job here in a few. I'm keepin my fingers crossed tight!
Best of luck to the rest of yawl out there
Because of my work, I am privy to a lot of information about companies in distress and I can assure you that all industries are feeling the pain. Worst of all, I personally don't see it getting any better for the next 3-6 months. Pending a huge surprise boost in Credit or innovation, a lot of retraction is still needed to get most companies at a level that can satisfy these lean times.
Good luck out there.
Madoff'd b/w Ponzi'd
Graemlin request plaese
Sent out a couple of resume's at the end of last year and everyone's said the same thing "that they're letting people go rather than hiring at the mo". i would've thought this was a line (and i'm sure part of it is) but i know a few too many people at said firm's who have just been let off- most of them only a year or two out of uni.
So bar work it is for a lil- although, this time last year it was so super busy at my work i was getting at LEAST 40hrs a week, now it's so quite i'm sometimes lucky getting 20. car-azy!!
Still, I'm glad I've got a job at all 'cos many of my friends across the country have gotten laid off in the past 1-2 months.
u need work?
Na, what you know batmon?
This isn't the first time that I have heard of security escorts and the on-the-spot account/key disabling. I'm willing to bet a lot of employers these days are afraid of retaliatory shooting sprees and the like, unfortunately.
Anyhow, I'm lucky to work with a solid company at a place where I am often busy and have a good rapport with all my coworkers, including the supervisors and branch manager (the largest in the nation, which I control inventory). This company seems to take the cost cutting approach as a first line of defense rather than being one of those corporations with rich, pink slip happy CEOs. Even if there is a threat of being laid off, which doesn't seem likely in the near future, I'm prepared to negotiate to keep my job. Either way, I'm stashing away as much money as possible by living at home for time being until I have enough to stay on my own two feet once I have left community college and have to pay state university tuition. Plus, I am willing to help support my parents, in addition to paying rent as a good-will jesture, if worse comes to worse and they lose their jobs, despite that they have seemingly solid gigs as well. I wish everyone the best. Also, make sure to spend your money on local business as much as possible.
It sucks about education being hit hard, considering that other institutions, namely the military, get fat allocations of money in comparison.
Another thing is that the job market is so bad employers can squeeze their employees and make them work their asses off for long ass hours and very little money because there's like ten people who would kill for your job....it sure sucks feeling discounted... : (
Did you call your dog walker back the week after?
It is seriously scary out there though, the jobs I'm applying for are for way less $ than my old job, even if I find something else it's going to be a major scrape to get by.
WHAT
THE
F*ck
I have everything I owe structured as cheaply as possible, but when I'm out of work, I feel like the bloke in the financial hot-air balloon; throwing everything unnecessary overboard in order to stay afloat. I am sure it's given me an ulcer but of course, being sick = no income so I can't dwell on that either.
It doesn't help that since starting freelancing, the rates are about ??10/hr less than they were and I now have a kid. But hey, when I'm working it's OK and at the moment, the client is in utilities - something people will always need.
My advice is to look at the industry you're in and make sure you're not a Zeppelin-maker.
yep, for now it's all good
I really have nothing to worry about yet.
Plus, if I do get laid off, a friend of mine is a bar manager and told me he'd put me on immediately, so at least there's a fallback, although the prospect of waiting tables again leaves me cold.
Same boat here. I thought I was gonna get laid off, then they shoot me a raise and a 6 mo extension!
INDEED
Real talk. If it ever comes down to that, I'm hitting the coal mines, I'll really do anything to never have to read the daily specials again....