jadziasman

Ugly

Hard data? Do they ever tell you they intend to fire you? Yeah, sometimes they do. At my last multi-national company they announced layoffs were coming (by law they were required to in that state) and I was on that list. Actually they only listed the ages of the condemned before actually swinging the hatchet.

This time, they don't have a list but it does not take a rocket scientist to figure out that if you sit around all day with nothing to do while your co-workers are doing the same nothing, it becomes obvious that there will be fewer and fewer people doing nothing until those few that are left start doing something.

Ever heard of SAP? At SAP, providing superior services and support through your solution life cycle is just ... SAP employs more than 51800 people in more than 50 countries.....blah blah blah. Every day, my "work" hours are entered into this system. Guess how long it will take before they find out something has changed? Answer- pretty damn fast.

Maybe the company is willing to ride out this storm and keep us all safe and dry. Uh huh, and maybe I work for a non-profit corporation NOT!



On Nov 20 07:07 PM Muzie wrote:

> "I'd wager you really don't have any hard data to know you're going
> to know you're job but you're preparing for it. "
>
> Gah. Let me rephase that.
>
> I'd wager you really don't have any hard data to know you're going
> to get fired from you're job but you're preparing for it

Ugly

The drop in stock prices since September 29 has been breathtaking. It either means a huge number of investors have seriously miscalculated the state of the economy and financial system or that the economy is really going to hell.

Confidence has been lost on a massive scale. Oil consumption has not dropped enough in the US in just 4 months to justify a 60% correction in its price. Just as the crude oil price bubble inflated too rapidly, it has burst even more quickly.

Stating the obvious - the financial crisis has spread to the real economy. The Detroit 3 are on the ropes and many are cheering for their demise. Thousands are being terminated from their jobs (in the US anyway) - many of them college graduates. Many are being foreclosed on - some not due to taking on too much debt either.

I work for a multi-national company. My company has not reduced head count yet but soon will and I might be one of these heads. Hopefully the new adminstration in D.C. will find a way to restore confidence. If it happens later than sooner, so be it.

I have lived a safe, pampered life the past 51 years and you won't find me complaining if I must endure some hardships.

Lady Liberty has been very good to me and I will re-join the military to defend her if I am allowed the privilege to do so.