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Posted: 12.05.2001
Crappy holidays
How ironic that the recorded message you get when you call Todd's company says "Happy holidays from x-tech-company" in a really cheery voice. While he was in MCSE 2000 class today, 5% of his company got the ceremonial pre-holiday-axe. He'd mentioned during lunch that a few people from his building had been laid off, but I had no idea that 5% of a 5000+ workforce had been let go 'til I heard it just now on ABC! (Apparently they even had armed guards in the main building today.) The local news was less than kind, showing crying former employees in the parking lot -- and bringing up the fact the company's stock is at an all-time high and the company execs just voted themselves huge raises and bonuses. (Isn't it always that way?) There have obviously been a lot of cut-backs in the technical industry lately, and this is the second round of lay-offs at his company this year. The first came with great timing -- the week we closed on our first home! They're publicly saying they hope this will be the last of it, but they also said that the last time. I'm feeling very grateful Todd's position is a vendor-funded-year-in-advance contract position...and just pray our luck keeps holding out...







eek! That's awful! Breathing a big sigh of relief that Todd was spared the axe!

¤ ¤ posted by Jennifer on December 5, 2001 at 07:04 PM ¤ ¤

ug! it's not easy! we've been living with the same kind of uncertainty for a year! i survived three rounds of lay-offs before my company closed... my husband has survived three rounds, and his company is currently on life-support. we live in really uncertain times. i just hope this is the worst and only economic downturn of my adult life. (naive maybe, but so what, it's how i feel.) i'm so glad Todd wasn't affected today. hang in there!

¤ ¤ posted by susannah on December 5, 2001 at 08:37 PM ¤ ¤




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