Life NFT: The economy, the recession and your job. - Page 3

BigVE · 01-23-2009, 01:39 PM

How goes it? I work for a company that builds mono-clave sterilizers. We sell to all types of medical facilities that include laboratories, hospitals, clinics and MANY universities. The writing is on the wall with my employer...sales are way down with nothing big on the horizon. A few layoffs have already happened and then today we just got a memo about all wages/salaries for 2009 being froze at the 2008 rate and that the company would suspend their matching 401k contributions. After the 1st qtr it looks very lean. Who knows what the future holds but for right now we are holding our breath and hoping our sales team can pull through. Very few jobs are recession proof....how is yours?

rambleonthruthefog · 01-23-2009, 02:33 PM

was laid off from my welding job 9 or so mnths ago. been at home with the kids and haven't really looked much. good ole american manufacturing

BigVE · 01-23-2009, 02:34 PM

Quote:

Originally Posted by oldandslow

Wages frozen for forseeable future, but job is secure. I am the oldest tenured member of the department - they'll have to carry me out on a stretcher.

Same here. I have 5 guys under me in my dept. and all their years combined don't add up to mine. I know my job individually is safe as long the company itself stays afloat...that will be the key.

Joe Seahawk · 01-23-2009, 02:35 PM

I was notified on Wednesday that Microsoft is stopping construction on their west campus expansion, I am under contract to do $3 million worth of work on 2 of these buildings, suddenly the biggest contract I've ever won. Goes Kaput until at least 2013.. It hurts, but fortunately we still have a pretty decent backlog. We will really be hurting in 2011 it appears..

Time to adapt.

http://blog.seattlepi.nwsource.com/m...ves/159857.asp

rad · 01-23-2009, 02:40 PM

Quote:

Originally Posted by DaKCMan AP

I'm an Engineer working in the Aerospace industry. While Aerospace companies as a whole are hurting some, especially the commercial side, the workload for what my department does hasn't changed much and is increasing.

Regardless, I'm awesome.

I doubt that.

**Mr. Flopnuts** · 01-23-2009, 02:42 PM

I have over 12 years experience in the credit industry. Even if my current employer goes tits up, I have a feeling I'll find gainful employment somewhere. I'm good at what I do, and am convinced that no matter what you do, if you're good at it, you'll find work.

Katipan · 01-23-2009, 02:51 PM

We build banks... and other stuff... but the banks are my favorites. Company was growing way too fast 2 years ago. Last year certainly wasn't as good. But we have a big enough pipeline waiting for spring and summer, so apparently companies are bright eyed and bushytailed for the future.

Everyone here (except me) has been here 5+ years. They either inspire the most loyalty ever or they have no idea how to fire someone.

Sure-Oz · 01-23-2009, 02:51 PM

Im in financial services and working part time for a school district so im ok

Gf works as a business analyst for healthcare so i think she is just dandy there

RedThat · 01-23-2009, 02:53 PM

Ive been laid off for 4 months now and I love it. I worked in the automotive industry and im glad to get the heck out of there. Right now, Im collecting SUB benefits and unemployment. My benefits will last me approx 100 weeks. It just feels so nice being away from the real world and actually living it up doing some valuable things on my spare time and enjoying life. Im taking my mind off this recession crap and it feels great. Its depressing when you hear bad news all the time. So I don't wish to go there.

I have a plan Im saving money now and my goal is to get into university by Jan 2010. Im interested in pursuing a career as a physiotherapist. But right now the goal is to get into university and enroll in kinesiology health and science program. Im interested in building a career but first off I'd like to build a base for myself and establish some creditentials. Earning a degree gives me that opportunity.

**DaKCMan AP** · 01-23-2009, 02:55 PM

Quote:

Originally Posted by rad

I doubt that.

That's your prerogative, but you're wrong.

rad · 01-23-2009, 03:00 PM

Quote:

Originally Posted by DaKCMan AP

That's your prerogative, but you're wrong.

Not my prerogative, I know.

BigVE · 01-23-2009, 03:00 PM

Quote:

Originally Posted by DaKCMan AP

That's your prerogative, but you're wrong.

Awesomeness is worthless if it's self proclaimed.

Sure-Oz · 01-23-2009, 03:05 PM

All the hot bitches think DaKC is awesome

rad · 01-23-2009, 03:10 PM

Quote:

Originally Posted by Sure-Oz

All the hot bitches think DaKC is awesome

He's a step below or above Midnight, depending on how you look at it.

rageeumr · 01-23-2009, 03:25 PM

Commercial construction is pretty slow. The people that want to build can't get financing and the people who have enough money to finance projects themselves are shoving it all under the mattress.

I'm slower than usual right now, but staying somewhat busy. However, if we don't pick up a couple of projects by April, I'll be a solitaire-playing mofo.

I work for a small company (~25) and I fall into the "as long as the company doesn't fold, I'll be fine" category. Despite the economy, we're currently building a new office, so I think we're doing fine.

Sure-Oz · 01-23-2009, 03:28 PM

Quote:

Originally Posted by rad

He's a step below or above Midnight, depending on how you look at it.

Well, he doesn't act like a total douche bag and actually is a solid poster here. Doesn't insult others etc atleast, ive got no issues with him.

01-23-2009, 01:39 PM
BigVE Veteran Join Date: Apr 2001 Location: centralKs Casino cash: $10005250	NFT: The economy, the recession and your job. How goes it? I work for a company that builds mono-clave sterilizers. We sell to all types of medical facilities that include laboratories, hospitals, clinics and MANY universities. The writing is on the wall with my employer...sales are way down with nothing big on the horizon. A few layoffs have already happened and then today we just got a memo about all wages/salaries for 2009 being froze at the 2008 rate and that the company would suspend their matching 401k contributions. After the 1st qtr it looks very lean. Who knows what the future holds but for right now we are holding our breath and hoping our sales team can pull through. Very few jobs are recession proof....how is yours?
Posts: 4,829

01-23-2009, 02:33 PM	#31
rambleonthruthefog Veteran Join Date: May 2008 Location: Austin, Texas Casino cash: $2935026	was laid off from my welding job 9 or so mnths ago. been at home with the kids and haven't really looked much. good ole american manufacturing
Posts: 1,403

01-23-2009, 02:35 PM	#33
Joe Seahawk This place entertains.. Join Date: Aug 2000 Location: Seattle Casino cash: $5484435	I was notified on Wednesday that Microsoft is stopping construction on their west campus expansion, I am under contract to do $3 million worth of work on 2 of these buildings, suddenly the biggest contract I've ever won. Goes Kaput until at least 2013.. It hurts, but fortunately we still have a pretty decent backlog. We will really be hurting in 2011 it appears.. Time to adapt. http://blog.seattlepi.nwsource.com/m...ves/159857.asp
Posts: 5,514

01-23-2009, 02:51 PM	#36
Katipan MER Join Date: Oct 2003 Location: Colorado Casino cash: $-959649	We build banks... and other stuff... but the banks are my favorites. Company was growing way too fast 2 years ago. Last year certainly wasn't as good. But we have a big enough pipeline waiting for spring and summer, so apparently companies are bright eyed and bushytailed for the future. Everyone here (except me) has been here 5+ years. They either inspire the most loyalty ever or they have no idea how to fire someone.
Posts: 23,652

01-23-2009, 02:53 PM	#38
RedThat Banned Join Date: Jun 2005 Location: Earth Casino cash: $10004900	Ive been laid off for 4 months now and I love it. I worked in the automotive industry and im glad to get the heck out of there. Right now, Im collecting SUB benefits and unemployment. My benefits will last me approx 100 weeks. It just feels so nice being away from the real world and actually living it up doing some valuable things on my spare time and enjoying life. Im taking my mind off this recession crap and it feels great. Its depressing when you hear bad news all the time. So I don't wish to go there. I have a plan Im saving money now and my goal is to get into university by Jan 2010. Im interested in pursuing a career as a physiotherapist. But right now the goal is to get into university and enroll in kinesiology health and science program. Im interested in building a career but first off I'd like to build a base for myself and establish some creditentials. Earning a degree gives me that opportunity.
Posts: 6,666

01-23-2009, 03:25 PM	#44
rageeumr Veteran Join Date: Apr 2005 Location: St. Louis :( Casino cash: $9989900	Commercial construction is pretty slow. The people that want to build can't get financing and the people who have enough money to finance projects themselves are shoving it all under the mattress. I'm slower than usual right now, but staying somewhat busy. However, if we don't pick up a couple of projects by April, I'll be a solitaire-playing mofo. I work for a small company (~25) and I fall into the "as long as the company doesn't fold, I'll be fine" category. Despite the economy, we're currently building a new office, so I think we're doing fine.
Posts: 2,313