LAYOFFS

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    Oct 04, 2008 1:34 AM GMT
    so the economy sucks and the layoffs have begun icon_eek.gif

    i am holding on to the rope super tight, praying i am not let go LOL.

    how about you?
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    Oct 04, 2008 2:44 AM GMT
    My former employer started layoffs over a year ago; bad times started in mid 2007icon_sad.gif
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    Oct 04, 2008 2:48 AM GMT
    Nestle has laid off a little over 600 so far spread across the US
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    Oct 04, 2008 2:54 AM GMT
    Ironically, the downswing in the economy and the fall of the American dollar in the world is helping my job. If business keeps up at this rate, we'll probably have to hire more help rather than lay people off.icon_eek.gif
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    Oct 04, 2008 2:55 AM GMT
    RBY71 saidIronically, the downswing in the economy and the fall of the American dollar in the world is helping my job. If business keeps up at this rate, we'll probably have to hire more help rather than lay people off.icon_eek.gif


    i may be calling u soon LOL.
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    Oct 04, 2008 3:02 AM GMT
    RBY71 saidIronically, the downswing in the economy and the fall of the American dollar in the world is helping my job. If business keeps up at this rate, we'll probably have to hire more help rather than lay people off.icon_eek.gif


    It's pretty much the same for me. I work in retail at Aldi which is a discount grocery store and with everyithing getting so expensive, more and more people are shopping there because it's so much cheaper. When fuel went way up last year our business was amazing compared to usual.
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    Oct 04, 2008 3:47 AM GMT
    pudco said
    RBY71 saidIronically, the downswing in the economy and the fall of the American dollar in the world is helping my job. If business keeps up at this rate, we'll probably have to hire more help rather than lay people off.icon_eek.gif


    It's pretty much the same for me. I work in retail at Aldi which is a discount grocery store and with everyithing getting so expensive, more and more people are shopping there because it's so much cheaper. When fuel went way up last year our business was amazing compared to usual.


    I work for a lower high-end clothing retailer. Europeans practically crap themselves when they come in because they can buy the same stuff we carry in London, Paris and Milan for sometimes less than half of what they would pay there. We missing a lot of our domestic customers, but it seems for every one of them that doesn't come in, we get two or three tourists with Euros and Pounds to burn. There is also a huge influx of the well-to-do tourism from Mexico and South America, particularly Mexico City.
  • jmanorlando

    Posts: 205

    Oct 04, 2008 3:52 AM GMT
    Well six months ago I quit a good paying job after 10 years with the same company.

    I make a lot less working for myself developing web properties, but today was the best day so far. My hopes are that within a year I will earn the monthly revenue that I used too and exceed that in the following 12 months.

    I know the layoffs suck but and I once was down to my last $14 in my checking account, but finding and making your own success is quite rewarding even for a lot less money.

    My advice is start looking for ways to earn additional income before you get let go. Good luck and take care.
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    Oct 04, 2008 4:27 AM GMT
    Well it may indeed be a good time to not be employed in banking or finance industries
  • ArmsandLegs

    Posts: 125

    Oct 04, 2008 5:25 AM GMT
    I was laid-off in April... still looking for a new job! I can't even get hired at a minimum wage job in fast food or retail. Thank god for student loans to support me!!!
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    Oct 04, 2008 5:29 AM GMT
    In the past few years, I've lost two jobs, one recently, so I'm looking for work. Not a good time, unfortunately, and things are getting very difficult. Eventually, something will come along, but changes might be necessary. Relocating to another city is a possibility. A couple of weeks ago, I interviewed for a job in the bay area. That would mean major down-sizing because of the difference in cost-of-living -- but it sure would be a great place to live.

    This ordeal is forcing me to re-evaluate my lifestyle. I don't need the fancy condo in the gated community with the towering ceilings and fabulous view. I don't need expensive furniture, most of which is never used. If I lived somewhere with adequate public transportation, I wouldn't need a car. Maybe I should ditch all this shit and start over, buying only the necessities -- with cash, so that I don't have to pay interest to the fucking banks! Life would be a helluva lot more simple, and that might be pretty damn nice.

    Perhaps what seems like a hardship now will turn out to be a good thing later.
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    Oct 04, 2008 5:39 AM GMT
    It's times like these when your in a strained situation you can really get creative and think up some good ideas to CREATE your own opportunities.

    We live in a big country and WORLD.

    Smart thinking will keep you in the $$...give it some time and positive energy and you will get what you want...guaranteed!!

    I mean...today a business friend of mine who sells wholesale merchandise to the Homo Depots and Lowe's told me business was way down these last few months. He said that many of the retail home stores were cutting back and reducing hours and not hiring. I my mind I was thinking, if I was an employees of one of these company I would take a some time to think about some new line of work. The way I see it...when I am not real busy...I am ON VACATION babe!!

    RELAX it will all work out.....
  • EricLA

    Posts: 3461

    Oct 04, 2008 7:47 AM GMT
    I work for UCLA, so we're paid in part by the state. And the state is in dire straights. The Governator is supposed to be asking the Feds for several BILLION in an emergency loan. In the least we expect hiring freezes and no salary increases. But this can get bad.
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    Oct 04, 2008 12:55 PM GMT
    I thought Canada was going to miss most of the bad economic times, but things are really getting worse north of the US border. Commodity price drops (oil, nickel, etc.) hurt Canada. The only saving grace is that we have a healthy Federal Government fiscal picture unlike many other countries such as the US, UK, Italy, Japan and France.

    Hopefully the bail out approval will start freeing up the credit markets and banks will start lending again.
  • dfrourke

    Posts: 1062

    Oct 04, 2008 1:58 PM GMT
    thankfully, we bypassed layoffs this year...although the California State budget JUST passed a week or so ago...we almost didn't get paid...

    ...we are safe until June 2009!...

    - David icon_wink.gif
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    Oct 04, 2008 2:39 PM GMT
    Having worked at my current job for ~9 years at a Fortune 500 Co. There was only one year when there weren't layoffs. I've learned to expect no security in my job years ago. I'll stay there until I decide to leave or, they hand me my hat.
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    Oct 04, 2008 4:45 PM GMT
    Severance is one good thing about layoffs -- if you're lucky enough to work for a company that provides that. Unfortunately, most do not.
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    Jul 11, 2009 3:12 PM GMT
    I just got laid off my job Wednesday (7-8-09) with PPD. Nobody saw it coming. 5% of the company's North American workforce. Upset. Frustrated. Scared. Nervous. But it happened.
    Looking for contacts in the clinical research field. I'm a Senior CRA (Clinical Research Associate)/monitor and looking to stay in the field working for a CRO or will consider the Sponsor side. Relocation is definitely on the table. Any help/information/contact would be helpful and appreciated! (Oh...and single still. Like that is a major issue right now...)