by {Ru}EINHANDER on Wed Jan 28, 2009 11:33 pm
Eric, man I feel for you in the situation. Personally I think people in the stock market and (all parties) in the congress/senate need to be held accountable for this mess we're in. I don't really think Bush or even Obama can be blamed for either getting us in it or not being able to get us out of it. There's been a million and 1 reasons why were in it.. but I think the lending for mortgages is where the biggest part of the problem came from.
We laid off 275 people in my corporate office. I probably would have been let go if I were up there. I work in Siberia.. per se, one of their remote production facilities. Only IT person there.. so we just had 23 let go.. but they could have let go of 38. They will let go of even more if the economy doesn't pick back up. We will not (this is a guess.. but our stock price was $25 but it's now $5) get a pay increase but I'm mostly thankful for my job at the moment. Also, the HR person has come up with a brilliant idea that I need to be trained to be a supervisor in charge of a multi-million dollar technicial pressroom. I have many years of experience of working on the IT portion of the equipment.. but just because I've been giving the doctor the cutting tools for 8 years doesn't make me a surgeon. At any rate, we'll not be getting a pay increase if that. I keep expecting any day that the company will cut the education program reimbursement but that's partially tax credited through the IRS to the company so I might luck out. Anyway.. 38 out of a total of 144 people that print almost 2 billion cards a year. That's what I expect to see happen in about 4 months when we realize that the econmy isn't going to pick back up before 09 is over. I don't know how low the stock price can go (penny stock?) before they file bankruptcy and just fold the company for whatever they can get out of it.
I dunno.. you wanna game it up with us.. just to work off some stess.. I'll be on this weekend doing the same.
-EIN
Let them hate.. so long as they FEAR!