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Layoffs and Pay Cuts

Mitch

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I knew I was rather safe from layoffs, but didn't see the pay cut coming. All salaried employies get a 5% cut, executives get a 10% cut. There goes my disposable income and stogie money, at least I've got a five year supply sitting in the humidors so I don't have to cut back on what I smoke. I wasn't one of the poor bastards that got layed off. Health care down here without a job is like $1200 a week for a family. 5% sure beats 100% in my book.
 

Mitch

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My spirits are good, wife the same, we are actualy counting our blessings her company announced outsourcing 90% of the teckies and she missed the axe and I've got a secure job as well.
 

smokingIsh

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I am no economics wiz or anyhting, but I think things are going to get worse before they get better. All we can do is hold an and try not to get thrown before the buzzer goes off.
 

bballbaby

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i keep looking at my situation as if i were retired. i'm lovin it today.

got up, drank some coffee, took the kid to school, went to the gym, now i'm playing on the computer.

i think i see lunch and then a nap in my future.





Sorry to hear of the misfortune mitch. hang in there
 

openendstraight

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i keep looking at my situation as if i were retired. i'm lovin it today.

got up, drank some coffee, took the kid to school, went to the gym, now i'm playing on the computer.

i think i see lunch and then a nap in my future.





Sorry to hear of the misfortune mitch. hang in there
What no smoke in the near future?
 

Moro

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Sorry to hear about this Mitch, but, as ye said, it could be worse. Glad to see yer spirit up!
 

Hardcore

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I'm sorry to hear that Mitch. But at least you still have a good job. They closed the whole dealership I was a about six months ago. I've yet to find a job that can meet my needs.
 

Jfire

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Even worse My wives boss continues to make even more money every year even with the economy. Has hired numerous new managers, Execs etc. Her bonus witch is usaully quite large got axed in half this year after he told her it was going to be larger this year as always. He stated in the general holiday memo this year that since more execs were receiving a bonus, the Managers that were there longer had to be lowered. It's not the fact that it was lower to us, Its the fact that he made millions more this year than others, even with current economic sitiuations. She stays late, goes in early, Sats are a given now and then.We have put or future on hold for this MF(kids). And then she calls me 2 weeks ago crying. I told her this year were going on a tight budget, paying down the mortgage and shes quiting and taking a break by fall. I cant wait till she gives notice and he realizes how much she actually does for this Fker. He actually had the nerve at lunch the other day to say he spent over 80k on the wife and kids for Xmas (Mother Fker):gangfire::noemotion
 

Mitch

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I'm sorry to hear that Mitch. But at least you still have a good job. They closed the whole dealership I was a about six months ago. I've yet to find a job that can meet my needs.
It's wretches my gut every time I hear of someone's hardship, that cursed "Glad I'm not that guy", fear it could be me any time and well wishings for their situation to imporove.
 
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Glad to hear you're doing OK Bro, sucks that you got a pay cut though.

I've been lucky so far and have not laid off any of my employees. I talked to my guys right before the holidays told them no Christmas bonus this year (I didn't get one either) and they understood, in fact 2 of my Journeymen (both have been with me 10+ years) offered to cut Health Insurance to keep eveyone working. I love those guys! I hope to avoid that but with this economy it may be inevitable as are possible layoffs. In 12 years I've never had to lay anyone off a streak I pray will last a lifetime.
 
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I was going to look for a new job a year ago, but now my company is doing better than ever. They are actually hiring new people to keep up with the business. I guess in a recession people still watch porn, and when our largest sites are free (ad supported) they get a lot of traffic!
 
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