The Economy & Layoffs
 

The end of last year I was laid off my job due to the events of Sept 11 and most companies thinking that a recession was in the works.:(


Since then I have gotten a new job. But the past couple of weeks slowly people at my current job have disappeared one by one. Just today 4 people have been let go!!This to me is ridiculous. I work for a branch of the federal government and it doesn't seem imaginable to me.So I have since found another job. But the other people left working here are only wondering when they will get that call saying their time is up!

Has job stability become a thing of the past?:confused:

Re: The Economy & Layoffs
 

Laaawwwwd, I hope not :eek:!!! But your situation is the very reason that I wholeheartedly am working towards entrepreneurship. It's always better to be the one writing the pink slips than to be the one receiving them.

Please excuse me butting in on your forum... :)

Job stability is absolutely a thing of the past. The days of a job for life are long gone and will probably never return. I thought my job was safe until a few weeks ago when I got a nasty surprise. :( And it seems that no one is hiring! :( What can you do... other than continue to keep an eye out for employment opportunities, even if you are employed.

There is stability in Education, even though we are not being paid TOP dollar, when have you heard of schools systems shutting down? They may have serious budget woes, but they are not downsizing, if anything MORE independent districts are popping up. Eventually, there will be many running our way trying to work 180 days and off at least 8 weeks. THEN, I'll be making some REAL dollars with a whole lot of seniority, LMAO at the "newbies". LMAO

GET READY, IT'S COMING! :D

In Chicago, the budget woes have started to manifest into layoffs, though no "classroom personnel" have been hit, yet. Additionally, three schools have been closed, leaving about 2/3 of the employees, including teachers, without jobs so far. Our city will be laying off about 425 city employees, police employees have been told to scale back overtime, etc., so we are in a climate in which I'm not so sure that education/government jobs are the last bastion of job security/stability.

To answer the original thread question, I thought we saw job stability go out the window during the last recession around 1990-93...many of us may have not felt it because we were students, but right now, my hubby and I are feeling it full force. He just started a temporary contract job last week, after a full six months of looking for full-time work. Hopefully, this will turn into a permanent position, or one of his other irons in the fire will bear fruit, but I'm hearing that it's taking anywhere from nine months to a year to find a job.

The answer isn't in job stability, it's in SPIRITUAL stability. Having the "peace that passes all understanding" is the only thing that can see us through, yall.

Re: The Economy & Layoffs
 

:eek: :eek: I thought the government was the last place to have a stable job nowadays!

Guess what?
You'll see the custodians, cafeteria workers, bus drivers, assistants let go before you will see a teacher let go. Many districts are contracting out for transportation and cleaning services. Those teachers, administrators that were at schools that closed will more than likely be transferred to other sites, but they will not be given a pink slip. STILL, people are ALWAYS having children and they have to be educated, so teachers don't have too much to worry about.

Yeah it is true if you think about it.Teachers will always be in demand because everyone wants to be educated. I will be graduating in May of next year with a degree in human resources. I thought about maybe trying to teach college,someday in the future.But with some of the horror stories I have heard about people in HR being followed home, etc. I don't know. My friend works at Geico insurance.She has been there for over 2 yrs and I believe that have not done layoffs in years.
Hmmmm...maybe I should try insurance?:rolleyes:

WorldCom
 

We'll I'm here in the thick of things. If you want to talk scandal, mis-management, shady auditing practices and layoffs.. well that would be my employer. Today's the day of layoffs.. and i'm sitting here wondering if my name is on the list to go.

Nothing in the world prepares you to see someone you know come out of a conference room with betrayal with a hint of "what's next" written all over their face.

Anyways i'm here...

Urbane, I really hope things work out for you today:)

Yes there is stability in Education. Although I am not a teacher (I work on the Administrative side) I know my job isn't going anywhere. :D

Urbane, i am sending up a prayer for you right now as i type this. I pray that no matter what happens today that you stay confident in HIS ability to work things out. From my limited understanding of the Worldcom and Enron events, i think somebody from Arther Andersen needs to be in jail, right now!

since i'm not too proficient with smilies, here's a hug for you. (((((Urbane)))))

There is also some job stability in healthcare. No matter what the economy is doing, people are still going to get sick and need healthcare. Although I am not a part of the clinical staff I feel that there is a better stability in the health field compared to ther job markets.

Definately job stability is a thing of the past. The days of loyalty are long gone. I remember my dad telling me back in the day if you worked for a company 10-15 years you didn't have anything to worry about but now I heard of a guy who worked for a company 18 years, was one of the their best employees and he got let go to his dismay. It's scary if you think about it. Nowadays I don't think, man, I want to make $100K before I turn 30. Now I think, man, will I have a job when I turn 30.

Yay career students?

Seriously though, I decided to go back to school and take some classes when I couldn't find a job that I WANTED.

That is TOO true. We can't always affect the things around us, although we try our hardest. If you have a strong spiritual center (and I don't necessarily mean religion, I mean a sense of peace and understanding about yourself), then you can make it through anything with your sense of self intact.

thanks guys...
 

Thanks for your prayers. As always, I knew that He would take care of me.. either way. So far it looks like i still have my job but some of my co-workers weren't that lucky. The packages sounded pretty good so hopefully things will work out for them.

i have comments for this thread that i will post later. but right now i need to get away from this computer.. and the phone.

Trifling firms
 

My fiances' firm recently merged with (or should I say taken over by) another firm. Since then, he has heard lie after lie after lie. He would see a person one day, then their office would be locked up the next 'cause they got the boot!! There is absolutely no stability at his job. There was a woman who worked there for at least 25 years and she was just fired last Friday morning (they could have just told the woman on Thursday evening). My fiance has been looking for a new job for a while and has come up with nothing so far. He has a college degree and a lot of experience in his field.

So sad.....:(

Bamboozled, so sorry to hear about the job situation. Just remember everything happens for a reason...Hope everything works out

Re: Trifling firms
 

I know what you mean :mad:...the same thing happened with my company...in the days leading up to the "merger" they just went on & on about how any changes that we'd experience would be for the better...well, as soon as the ink was dry on them legal papers, I immediately lost a week's vacation (I was getting four weeks per year)...then, they switched us to some bootleg insurance that we have to pay for (we didn't pay for insurance before the merger)...& when I say bootleg, I mean people at my job (including me) are afraid to go to our doctors b/c the paper work gets screwed up, we get these humongous bills, & some people have even had the "write-off" of these bills affect their credit...and, of course, they were laying people off side to side, left & right, up & down...the kicker with that in the weekly (propaganda) newsletter that they send us they'd say "so & so has decided to pursure opportunities elsewhere"...when some of us knew for a fact that the people were FIRED! Now, they've come up with another ingenious way to screw us....prior to the merger, the company I worked for paid us monthly..those who worked for the other company were paid weekly....They decided everyone should be on the same pay schedule...I understood that & I also understood that it wouldn't be monthly b/c that's really hard for people to adjust to...So, you'd think the happy medium would be bi-weekly...Oh, no...they chose semi-monthly...what is that you ask?...that's where they can pay you every two weeks or every three weeks if they want to....& they told us literally about 3 weeks before it was to go into effect. So, after a flurry of emails, they settled on something more close to every two weeks...Great, I re-adjusted my monthly budget...Well, come to find out, they are splitting our payments for the remainder of the year into 13 payments....Now, here was my logic---we have six months left in the year (July-Dec)...two payments per month equals 12 payments...Cool, my budget could withstand that...Well, no, b/c they chose to make it 13 payments instead, now I'm getting paid almost $200 less per month :eek:...That is my grocery, get the car checked, incidentals money...Now, what I receive in payment is almost equal to or less than what I pay in bills....So, what--I'm not suppose to eat? :confused: I knew & realized that our economy was going through somethings...but, I never thought that I'd get to the point where I literally could not afford to work at my job....I'm serious I can't afford it! So, will be talking to some higher ups on Monday! I may get dismissed, but dayum...they're asking too much!:(

*Thanks for this post--I had to vent!