layoffs at work...

b-man1 · Post by **b-man1** » Mon Apr 23, 2001 4:40 pm

my company just "reduced" its staff by almost 50% today...yikes. i'm still there, but it really sux with the excess of work being dumped on the rest of us. it's not even a "dot-com" company...but still in the software industry. i guess no one is safe!

oh, they also gave the remaining employees a bonus: a 10% pay cut! doh.

guess it's time to shop around!!!!

anyone have a job for me?

hehehe

UberNeuman · Post by **UberNeuman** » Mon Apr 23, 2001 4:48 pm

That sucks, man

But hang in there - after all these folks who were looking to make a quick buck on the computer/internet industry drop out, things should stabilize...

sethpa · Post by **sethpa** » Mon Apr 23, 2001 4:50 pm

major bummer b-man, I joined that club last week. Unfortunately I'm one of the ones being canned. They are closing our warehouse in this area and all 230 employees are getting the axe or transferring up north. No ice and snow for me, I'll find something else, hopefully.

sethpa

smb · Post by **smb** » Mon Apr 23, 2001 5:04 pm

yep, there is nothing like a 10% drop in pay, with additional work load. It's a kick in the nuts followed by a punch in the mouth.

Gand1 · Post by **Gand1** » Mon Apr 23, 2001 5:15 pm

Woah man that does suck!

I was canned 2 months ago and just found a new job so ...... hang in there!

Koo Koo Mouse · Post by **Koo Koo Mouse** » Mon Apr 23, 2001 8:02 pm

Funny thing is the circuitboard industry seems to be going through a dry spell too. Our company is hanging in there while others are laying off a lot of employees about now in the Twin cities area (MN).
And also if you were woundering, we make a lot of the pci cards that go into comps. I've never seen a motherboard made there yet.
We don't stuff e'm, (W/components) just make the bareboard and I don't make e'm but maintain the equipment that does. (I was in production.. boring!)
Been there 21 years and have seen some wild swings in the industry. IS anything really stable?

I've alway felt safe there because there will always be a demand for circuitboards.. (Hope)
I just have this feeling our plant may fold soon.. Time will tell..

Hang in there guys..

MAC · Post by **MAC** » Mon Apr 23, 2001 9:57 pm

Every business that needs to turn a quick buck is doing that. Eliminating personnel is the easiest way to cut costs. Several years ago we went through the same thing at the oil refinery I work at. Cut the work force, then expect everyone else to take up the slack. At least they didn't cut our pay. Now they are bringing in contractors to do some of the work company people used to do.

MAC

MK888 · Post by **MK888** » Mon Apr 23, 2001 10:08 pm

That really sucks....But unfortunatly it costs less to pay 1 employee 25 hours of overtime, than it does to hire anohter person. It is the heath insurance that is so costly. Hang in there b-man1. If your looking for a change though.. consider going into television. Most aspects of it include long hours low pay, and absolutly no recognition, but it is pretty safe.. After all what do most people do, employed or otherwise right?

b-man1 · Post by **b-man1** » Mon Apr 23, 2001 11:11 pm

thanks for the encouragement.

too bad i'm salary...or the overtime would be very welcome!

i'm not concerned about my position really...since i'm only one of 2 people now that have particular skill sets (i perform the application installs at client sites and troubleshoot the databases, etc).

it's just a wake up call to get out and find something better! mwuahahahaha

bsdavid · Post by **bsdavid** » Mon Apr 23, 2001 11:14 pm

About 300 of us lost our jobs here in Eugene,Or on Saturday.We was making the harddisk for harddrives.Komag.inc shut down all US plants and move over seas.But at lease they give us a nice little package[money,4 months of insureance].Oh well,have about 3 months off before I have to get a new job.

PreDatoR · Post by **PreDatoR** » Tue Apr 24, 2001 1:00 am

Its not just the comptuer industry that is hurting. I think everything is hurting right now. I live in WA State in a primarily agriculture area. Work for a company called Orchard Rite, we build Wind Machines used for heating during frost season for orchards and vineyards and another division builds nut shackers(get yer mind outta the gutter!) There's only about 50 people total throught the company but about half are all laid off right now. I'm lucky my position is an important one and i'm the only one other than the boss who knows how to do it so i don't see myself being laid off any time soon cause i know the boss don't wanna do the grunt work!

Solstice · Post by **Solstice** » Tue Apr 24, 2001 1:06 am

I work for Cisco Systems in San Jose and throughout this week we are laying off 5000 people. My business unit, being the 3rd most profitable in the company, lost only 15 people this week out of hundreds. The company is offering 6 months pay and benefits for those layed off. Don't think I didn't consider it.

Gumby · Post by **Gumby** » Tue Apr 24, 2001 8:20 am

Wow that really sucks, I didn't know it was that bad down in the US, where I am it really didn't get too bad and now we are starting to pick up, hopefully it starts to pick up aroud you guys as well.

Phjorg · Post by **Phjorg** » Tue Apr 24, 2001 2:04 pm

well here in canada my company does call center work (inbound only) and i'm on a tech support contract. So far we havn't been hit. In fact we have plans to expand within the next few months. Have about 600 employees right now and want that increased to 1000 by october.

Sucky part is the pay... We are the best call center in north america (of the ones that do the same contract as us) And the least paid by about 50%! dammit!

pidge · Post by **pidge** » Tue Apr 24, 2001 5:39 pm

Solstice,
I didn't know you worked there (Cisco). My girlfriend's sister works there and she is really nervous. She told me about the boxes that are layed out for those who will be released this week. 5000 people is 5x more than my company has worldwide total. Cisco's case was simply that they bought out to many companies in one year and those companies didn't turn a profit for them. I don't know why they bought out so many companies. I have never seen that business model work well.