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For some, the pendulum is in slow motion

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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 09:03 AM
Original message
For some, the pendulum is in slow motion
Edited on Wed Dec-10-08 09:03 AM by Horse with no Name
I know that we have not seen the worst, but so far this week:

My mom's company cut their benefits back to give them less days off with pay, fewer sick days and no overtime.
My SIL's company cut them back 1 hour a day--and told them hopefully that was all they had to do because other plants were cutting back to every other week.
My company cut supervisors pay 10% across the board (this was on the heels of another pay cut).

I have a pretty good idea of how this will end, but I just wonder how long it is going to take.:(
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 09:17 AM
Response to Original message
1. Forewarned is forearmed. You're lucky you can read the writing on the wall
You have a better chance than many to prepare for the quick stop at the end of the fall.

Good Luck.
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AirmensMom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 09:21 AM
Response to Original message
2. My husband
will be losing his job in March, or sooner. We can't afford the COBRA payments on my SSD. He would gladly take a cut in pay.

We thought we'd be in good shape by this point in our lives. :cry:


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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 09:26 AM
Response to Reply #2
3. I hear you
I am concerned for my job--but my profession will have jobs somewhere (even if I have to drive) so I am not that concerned yet.

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AirmensMom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 09:35 AM
Response to Reply #3
4. It's political
with his job. They have piss poor management and are getting rid of some of the most talented people, just because they're senior level. Sort of smells like age discrimination. So just offer them a pay cut and see if they'll take it! But also they're cutting off the telecommuters unless they move to one of the approved sites. We can't move now, so we're hit with two of their "reasons."

I've vowed not to shop at any site with a certain security logo displayed, as a protest against what this company is doing.


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OffWithTheirHeads Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 10:57 AM
Response to Reply #4
5. certain security logo Come on, share
We love to boycott the greedy bastards here.
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AirmensMom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 02:27 PM
Response to Reply #5
7. PM me
if you're really interested.

All we need is trouble before the end date.
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 11:01 AM
Response to Original message
6. One of my best clients is going under, and my top client isn't
sending out work anymore. I've spent more than half of this year unemployed. I'll have to kill my health insurance soon, plus every other non-critical expense. I keep wondering about how much longer I'll be able to keep this roof over my head. :-(
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