cookieman15061 Posted March 8, 2011 Share Posted March 8, 2011 I had to attend meetings today for work and no one was sure how many would keep their current positions or rate of pay. Head count will remain the same although about 1/3 were offered lower positions that would cut their salary to about half if they choose to stay on. My salary will pretty much remain the same plus incentive bonuses but workload may increase for a while. Tough economy has slowed everything Although I'm thankful to still have a job it's never easy to see friends and fellow workers take a hit. Link to comment Share on other sites More sharing options...
stein Posted March 8, 2011 Share Posted March 8, 2011 dude, i am seriously sorry to hear that. that's tough. i think the only thing that is really going to turn this economy around is if we start making efforts to help each other when and where ever we can. Link to comment Share on other sites More sharing options...
neilpanda Posted March 8, 2011 Share Posted March 8, 2011 It's ok. We still have music. But damn, the economy is being hit pretty hard. Stay put cookieman. Link to comment Share on other sites More sharing options...
Californiaman Posted March 8, 2011 Share Posted March 8, 2011 Hang in there cookie man. Something big will happen soon to make them realize how vital and important you are to the organization. Link to comment Share on other sites More sharing options...
Andy R Posted March 8, 2011 Share Posted March 8, 2011 I had to attend meetings today for work and no one was sure how many would keep their current positions or rate of pay. Head count will remain the same although about 1/3 were offered lower positions that would cut their salary to about half if they choose to stay on. My salary will pretty much remain the same plus incentive bonuses but workload may increase for a while. Tough economy has slowed everything Although I'm thankful to still have a job it's never easy to see friends and fellow workers take a hit. We went through and heard the same thing about 2 years ago.... The work load never decreased.... Glad you still got a gig though man! Link to comment Share on other sites More sharing options...
cookieman15061 Posted March 8, 2011 Author Share Posted March 8, 2011 Yeah the rumor mill has been going strong since the end of last year. No one was being told anything until last Thursday when every manager was sent an email about todays meeting place and time. I was pretty confidant my position was secure but you just never know until they tell you. Every employee was called in for a one on one and then ushered out of the building so you had to sit in the meeting room until they called you. Of course I was the last one to be called in. Petty was right the waiting is the hardest part! Link to comment Share on other sites More sharing options...
BigKahune Posted March 8, 2011 Share Posted March 8, 2011 Glad you survived unscathed. Hope the cuts are over. Link to comment Share on other sites More sharing options...
LarryUK Posted March 8, 2011 Share Posted March 8, 2011 Here in the uk it's dreadful. The new Government are making cutbacks everywhere. They said the 'working classes' won't be affected. Yeh! People are broken here now. The apathy in this country is amazing. It's like the country is being sold from under our feet. Fuel is over £6 a gallon now. Everything is rocketing in price. Jobs going everywhere. I know people that are going to lose their house. Yet the rich get richer. Shameful state of affairs. Link to comment Share on other sites More sharing options...
lagerfanny Posted March 8, 2011 Share Posted March 8, 2011 Here in the uk it's dreadful. The new Government are making cutbacks everywhere. They said the 'working classes' won't be affected. Yeh! People are broken here now. The apathy in this country is amazing. It's like the country is being sold from under our feet. Fuel is over £6 a gallon now. Everything is rocketing in price. Jobs going everywhere. I know people that are going to lose their house. Yet the rich get richer. Shameful state of affairs. +1 I agree Important funding / Council services are being withdrawn, food prices up 'alot', redundancy's being made within my company. At the local petrol station it's £6.21 / $10.12 a gallon ! Link to comment Share on other sites More sharing options...
Bender 4 Life Posted March 8, 2011 Share Posted March 8, 2011 i'm glad you've kept your job C-man........and these days the old "your workload may increase" is much better than "your severance package will include"..... years ago I survived 2 massive layoffs at my company, and today we're growing by leaps and bounds because my industry actually improves when the economy slumps (precious metals recycling). hang in there, be flexible, keep a smile going Link to comment Share on other sites More sharing options...
daveinspain Posted March 8, 2011 Share Posted March 8, 2011 Good one Cookie!! Hope you never have to go through a layoff... Link to comment Share on other sites More sharing options...
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