Layoffs spreading?

[rockymtngirl]

Posted here in the Rocky mtn area today - United and Frontier are laying off around 500 here. I myself work for a large US corporation and was told by a reliable member of mgmt (and a personal friend) that layoffs are coming.

Sooo...all extras are being cut out of my budget and we are going to have to start stashing some serious funds. Kinda scary, I have worked in the same industry for over 25 years and have never been in a situation where I actually thought I would lose my job.

And the decline begins....

[msta999]

Hope the best for you. good luck.

[walls0stone]

I'm sorry for your situation, but I can't let this go... I was offered 2 jobs last week..Very good jobs with very very good pay, flex hours the whole gig. *One, works from home, the other, next door to my wife's work so I can car pool. I'd be able to do stone, just charge more.

My wife's employer is doing better than ever, sales go up when people pannic, so I hope all the chickeen littles keep it up. Even if I'm not fond of her employeer, I know they spend 2 Million on shipping every month if that says anything. Keeping 100 people on staff.

my home town area is not ment to be welthy..but if I can do it, why can't others? *see what's good in life...it's NOT SPIN...it's looking at both sides of the word. *But that would'nt get people to check out blogs and sell news papers.

If people want CHANGE, that's what CHANGE IS! If we don't use gas...who will lose there job? Who will gain a new one?

[Deberosa]

Yep jobs in PA are easy to be had. My 76 year old mother is holding down two jobs in PA this summer so she can afford heating oil this winter. ::) She can't drive in the dark and ice so needs to work the summers and it still may not be enough.

Why? Because oil and food doubles and the retirement fund shrinks daily. At that age there is no time to wait for it to "recover". That plus she wouldn't take a handout on a bet.

Things may be peachy for some but they are going to get very difficult for the elderly. Even more difficult for the ignorant, but that goes without saying.

[Drawbar]

I've been begging for a layoff at work but they won't let me off because even though things are boring there, they just signed on to build four more boats.

Now normally that is a good thing, and its good for the company, but overall when the rich get leery about the economy they pull their money out of the stock market and put it into something tangable....like high end yachts where they can get their money back after the boat is built in 4 years time. So the fact that we are busy is not a good sign for the economy.

Another sign from this is that our major competitors are in New Zealand, Holland and Australia. Its been said that these rich people can have a 15 million dollar yacht built at our shop, while the same yacht would cost 25 million in New Zealand, Holland or Australia. So its not a good sign.

As for me wanting a lay-off, that has more to do with the family farm having way more cows then we can handle, no one wanting to work now as far as employees go, and just an overall drive from within me to start farming full time again. If I got laid off, I could help the family farm out and still maintain my way of living.

[MNMOM]

Unfortunately, there are still those that have jobs and have that pompous attitude that thing's are going great in this country.

We see every day companies going out of business and downsizing, so many losing jobs, and I imagine a lot of them thought this could never happen to them.

It's ridiculous that a 76 year old lady has to hold down two jobs to make ends meet, and I see it all the time. I was shopping at Sam's and all the people that were doing the demo's in there were people of that age. They are standing all day on hard cement and some of those looked like they should have been at home.

We have seen a lot of companies going under in MN and even those that thought their jobs were secure are starting to worry.

My DH is a long haul driver and had parked his semi, the company called him and was in desperate need of someone to take a load, his first fill-up of diesel was $732.00, so you can see where this country is headed. By the way, a semi usually gets 5 miles to the gallon, by driving slower he is managing 7 miles to the gallon, but this is also hurting him as he can't do as many loads.

[walls0stone]

people don't want work, don't want the job they have or want a lay off... (draw, I'd rather be farming to) *Also, people are to lazy or greedy to look after older family..

Sounds like layoffs and sloth are what we are wishing for.

[pinetreefarm]

People are definitely worried. These concerns are fanned by the the media, particularly CNN.

I feel the US is being manipulated by the Middle East and even the big oil companies are concerned.

Well, people, we had to drive those big SUV's and trucks. We has to have the Mcmansions. We had to have those extra gas burning toys. I see 12 year olds driving 4 wheelers around all day long. Now we all pay.

Pine

[Gracie]

Rockymtngirl, I too wish you the very best. Am sending encouraging thoughts and prayers your way. Gracie

[Katrina-Sisu]

Yep jobs in PA are easy to be had. My 76 year old mother is holding down two jobs in PA this summer so she can afford heating oil this winter. ::) She can't drive in the dark and ice so needs to work the summers and it still may not be enough.

Why? Because oil and food doubles and the retirement fund shrinks daily. At that age there is no time to wait for it to "recover". That plus she wouldn't take a handout on a bet.

Things may be peachy for some but they are going to get very difficult for the elderly. Even more difficult for the ignorant, but that goes without saying.

Your mom is wise is stock up and prepare ahead of time. Many elderly people here think the gov't will take care of them in a worst case scenerio but I don't bet money to it.

MIL and FIL just buy food for the week and don't have any pantry stuff built up at all. Everyone scoffs at the idea of having a stash but it's saved our hide more than a couple of times in financial trouble.

Kat

[madmac]

RMG. good luck with work. Hope you make out OK. As for the old. No the government won't take care of them. Then government would just as soon they be gone. My mother passed away in Feb. My stepdaddy took a cut in SS benefits and to top it off they decided not to pay for his oxygen so he is pretty much on his own. Trying to help him out but he is stubborn and won't take charity. That's our government taking care of the old.

[walls0stone]

the gov should not take care of them any how! They are our mothers and fathers...they made us..and any person who ever had to cut his own switch should say THANKS and have the brains to look after them in old age. They should have a room in our homes as we had in theirs and when the time is to far gone, pool your money, slap it out of your brothers or sisters and see that they get into the right home.

SUV's nothing! Oil goes for more than gas, including plastics, soaps, foods...rubber..Lube, cloth. Kerosene.. On and on. Don't forget how much oil goes into building those lovely solar panels an batteries.

If we all walked, we'd need oil to make shoes.

[Drawbar]

the gov should not take care of them any how! They are our mothers and fathers...they made us..and any person who ever had to cut his own switch should say THANKS and have the brains to look after them in old age. They should have a room in our homes as we had in theirs and when the time is to far gone, pool your money, slap it out of your brothers or sisters and see that they get into the right home.

SUV's nothing! Oil goes for more than gas, including plastics, soaps, foods...rubber..Lube, cloth. Kerosene.. On and on. Don't forget how much oil goes into building those lovely solar panels an batteries.

If we all walked, we'd need oil to make shoes.

I agree.

If you only knew what my Grandmother went through in the depression. A father that died 2 months after her birth, which left her mother with 7 GIRLS and no way to make money. They survived on eating rabbit and planting gardens.

If SHTF here, I am going over to her house, she has enough food today to feed half of Maine. She is prepared to say the least. A few weeks ago she threw out her back "hefting a bag of potatoes down the cellar steps." It was a 50 pound bag and she is 84 years old and lives alone.

[Buck]

I agree.

If you only knew what my Grandmother went through in the depression. A father that died 2 months after her birth, which left her mother with 7 GIRLS and no way to make money. They survived on eating rabbit and planting gardens.

If SHTF here, I am going over to her house, she has enough food today to feed half of Maine. She is prepared to say the least. A few weeks ago she threw out her back "hefting a bag of potatoes down the cellar steps." It was a 50 pound bag and she is 84 years old and lives alone.

Folks who lived through the Great Depression had their lives changed
for ever. No longer did they think in terms of spend but only survive.

They carried this hard lesson the rest of their lives. I know my
96 yr old great aunt was so tight with a buck she actually save
money on her $590 a month SS payout!! I learned a lot from
Aunt Nellie and I hope I hope I was able to teach my 4 sons at
least a a little of living in hard time. ;) ;)

[HockeyFan]

So far, it's not bad where I live, but there have been layoffs in certain industries. There have also been hiring, so it's hard to say if we've had an overall job loss or not.
We keep hoping that what's happening elsewhere wont happen here, but who knows. We said that before and it eventually got here. I'll wait and see. For now, I keep the job that I have even though it sucks. It's a job and the pay is better than I had last year.

One thing that I think is remarkable is that there are certain people in certain communities that think it wont happen to them. I was talking with a guy a few months ago, and he paid a ridiculous amount of money for some property that he wanted, foolishly spending instead of bargaining to see if he could get a better price or just shopping for different property. He wanted it and bought it without bargaining, because he didn't want someone else to snatch it up.
When we talked about the economy, and about real estate issues, he said he wasn't concerned because their community was "insulated from the rest of the country" and that it wouldn't affect them.
Is this really possible? We thought it wouldn't affect us in our community the last time this happened, and yet it got us eventually. It just took longer.
For instance, I know the real estate bubble burst in the big markets, and dropped considerably (double digits in some cases). However, it didn't drop like that everywhere in the country. Of course not, but everyone is being affected. I could be wrong, but I don't believe there are very many real estate markets in this country that have gone up in value. I could be wrong about this, but I don't recall reading it.
And real estate was affected where I live. It did eventually hit here, although not as bad as elsewhere.
So when I hear about the other economic factors that are down elsewhere in the country, I have a natural tendency to think that it'll eventually get here.
Am I wrong? I hope so, but I don't think so.
I'm keeping my job as long as I can, although I'd much rather take off work for a few months and work on building my house instead. I'd rather be doing that fulltime.