Layoffs?

[Playitloudforme]

My heart goes out to you all who are in this terrible situation.

The whole world has turned to shit.
And someone has hidden all the shovels.

Hugs to those who need one. It won't help much, but I smell nice and I'm clean.


What kind of jobs does everyone do? I'm just curious.

Bookkeeper/Office Manager/Payroll goddess

[SusieP]

My heart goes out to you all who are in this terrible situation.

The whole world has turned to shit.
And someone has hidden all the shovels.

Hugs to those who need one. It won't help much, but I smell nice and I'm clean.


What kind of jobs does everyone do? I'm just curious.

Bookkeeper/Office Manager/Payroll goddess

I hope you will find something soon.

I know it seems shitty right now, but I always believe that things happen for a reason - and when something which seems like the end of the world happens, just stay positive and in a while you will realise that it was the catalyst for something better coming to you.
I truly believe that.

Hang in there.
xxx

[Don]

My heart goes out to you all who are in this terrible situation.

The whole world has turned to shit.
And someone has hidden all the shovels.

Hugs to those who need one. It won't help much, but I smell nice and I'm clean.


What kind of jobs does everyone do? I'm just curious.

Stats, stats, stats and more stats. Coming on here is my only break from seeing numbers all day.

[Playitloudforme]

My heart goes out to you all who are in this terrible situation.

The whole world has turned to shit.
And someone has hidden all the shovels.

Hugs to those who need one. It won't help much, but I smell nice and I'm clean.


What kind of jobs does everyone do? I'm just curious.

Bookkeeper/Office Manager/Payroll goddess

I hope you will find something soon.

I know it seems shitty right now, but I always believe that things happen for a reason - and when something which seems like the end of the world happens, just stay positive and in a while you will realise that it was the catalyst for something better coming to you.
I truly believe that.

Hang in there.
xxx

I know... I just hope it's sooner than later. Thanks for the clean hug! lol!

[Gin and Tonic Sky]

My heart goes out to you all who are in this terrible situation.

The whole world has turned to shit.
And someone has hidden all the shovels.

Hugs to those who need one. It won't help much, but I smell nice and I'm clean.


What kind of jobs does everyone do? I'm just curious.

What job do I do?- I sell project management consultancy to corporates (who have all gone bust) . In laymans terms, I sell utter bullshit Hence , one would think that in a world that has turned to shit, my business would be booming as I d have plenty to shove. Hence, the irony

[SusieP]

My heart goes out to you all who are in this terrible situation.

The whole world has turned to shit.
And someone has hidden all the shovels.

Hugs to those who need one. It won't help much, but I smell nice and I'm clean.


What kind of jobs does everyone do? I'm just curious.

What job do I do?- I sell project management consultancy to corporates (who have all gone bust) . In laymans terms, I sell utter bullshit Hence , one would think that in a world that has turned to shit, my business would be booming as I d have plenty to shove. Hence, the irony

That sounds bad G&T.
The Funeral companies are doing great, and Asda announced new jobs being created. Can you sell to them? Just a thought.
And I'm sure the bloody Banks can give you work. They've just been given a shitload of our money to spend, AGAIN.

[cheekymonkey]

I'm a self-employed mobile esthetician, which means I drive around doing facials, manicures, pedicures, hair services, etc. in peoples' homes, cottages, and sometimes businesses. The big biz of beauty!

[Ehwmatt]

My heart goes out to you all who are in this terrible situation.

The whole world has turned to shit.
And someone has hidden all the shovels.

Hugs to those who need one. It won't help much, but I smell nice and I'm clean.


What kind of jobs does everyone do? I'm just curious.

What job do I do?- I sell project management consultancy to corporates (who have all gone bust) . In laymans terms, I sell utter bullshit Hence , one would think that in a world that has turned to shit, my business would be booming as I d have plenty to shove. Hence, the irony

Smart companies cut consulting before they cut anything else when times are rough. But, I will say, my friend is working for a consulting company and they seem to be getting projects still... interesting. And you say you're doing well right now in terms of business volume? Very interesting.

[slucero]

I'm a Purchasing Manager, with a severe bent for economics.... this is "only the beginning folks"...

[Jana]

I'm a Purchasing Manager, with a severe bent for economics.... this is "only the beginning folks"...

I agree. It's like a house of cards. Every day more and more businesses are closing or laying off heavily. Unemployment is going to be huge. I fear we cannot avoid a Depression. I pray I'm wrong.

[Jana]

I'm a Purchasing Manager, with a severe bent for economics.... this is "only the beginning folks"...

I agree. It's like a house of cards. Every day more and more businesses are closing or laying off heavily. Unemployment is going to be huge. I fear we cannot avoid a Depression. I pray I'm wrong and hope this administration can make a difference.

[slucero]

Jana..

I'm a regular reader of Roger Wiegand, a very savvy wall streetcar, here's his prognostications for this Spring... which I pretty much agree with.

1. Wave one of commercial real estate foreclosures and loan failures. Some of the biggest of the big buildings will be foreclosed and those planned but not built will never see daylight. Meanwhile, vacancies skyrocket while budgets are busted with dropping rents. One analyst estimated the New York City Financial district buildings will see 66% occupancies with break even budgets being much higher. You will see some major shopping malls shut down.

2. The second wave of residential foreclosures and loan failures arrives dragging down all real estate values both commercial and residential. They will sink like a rock in over-built states and within those regions previously hit the worst. This is related to the next mortgage failure cycle. Some of those formerly upscale, McMansion subdivisions will turn into ghost towns.
Wave one of auto loan failures containing billions in bank, credit union and auto finance company loans will smash credit markets. The reaction will be stunning and probably stop most vehicle lending temporarily for weeks paralyzing automakers and those lenders still doing car and truck loans.

3. Wave one of several future waves of credit card failures estimated at $40 billion by bank credit analysts will be an April smash. Normally card failures are in the 1-2% range annually. This larger event opens doors for a historic new number of non-payers and delinquents. This cycle is mostly job loss related but most of it is due to overspending by cardholders.

4. (this is the BIGGIE) Wave one of the Credit Default Swaps (CDS) will hit markets like a Tsunami. These failures will be so overpowering, those in charge will be stunned and flabbergasted by the numbers. The figures are so large we cannot even imagine the amounts. One analyst said it was estimated between $500 and $750 Trillion dollars! There is no margin or deposit money on these trades.

To put number 4 into perspective.... the (just passed today) $825Billion stimulus package is roughly ONE PERCENT of the losses that will be incurred when the CDS crap hits Wall Street.

Those of you who think this is just "negative hype" are welcome to your opinions... but I've been advising all my family and friends about this for the last 2 years... and I've been RIGHT.

[G.I.Jim]

I'm a self-employed mobile esthetician, which means I drive around doing facials, manicures, pedicures, hair services, etc. in peoples' homes, cottages, and sometimes businesses. The big biz of beauty!

I'm a chef who runs a little bakery just outside of town. Haven't been able to sell my fucking muffins lately!??? Okay...not really. Just wanted to add to the thread...carry on!

[SP Fan in Oregon]

I'm an attorney. I'm use to working 80 hour weeks in my own law practice. My clients are residential and commercial real estate developers.
My very wealthy clients are no so wealthy anymore and are sitting on millions in real estate they can't sell. The effect on my law practice
has been that I'm now working 30 hour weeks instead, but the upside is that I can spend lots of time on MR and visiting with friends and family
and getting back to the very important things in life. I don't like the economy causing people to lose fortunes and causing people to lose their
jobs, etc., but there is sometimes a silver lining through it all and I'm choosing to see the silver lining instead of feeling freaked out..........
I've cut substantial overhead, cut expenses at home, don't go out to dinner as much, and don't add new additions onto my house and property.
I'm hunkering down bracing for the onslaught that is to come. I agree with everything that was said in this post below. I think we are more at the beginning
of the downturn than working our way through it towards an end. We haven't seen nothin yet.......

1. Wave one of commercial real estate foreclosures and loan failures. Some of the biggest of the big buildings will be foreclosed and those planned but not built will never see daylight. Meanwhile, vacancies skyrocket while budgets are busted with dropping rents. One analyst estimated the New York City Financial district buildings will see 66% occupancies with break even budgets being much higher. You will see some major shopping malls shut down.

2. The second wave of residential foreclosures and loan failures arrives dragging down all real estate values both commercial and residential. They will sink like a rock in over-built states and within those regions previously hit the worst. This is related to the next mortgage failure cycle. Some of those formerly upscale, McMansion subdivisions will turn into ghost towns.
Wave one of auto loan failures containing billions in bank, credit union and auto finance company loans will smash credit markets. The reaction will be stunning and probably stop most vehicle lending temporarily for weeks paralyzing automakers and those lenders still doing car and truck loans.

3. Wave one of several future waves of credit card failures estimated at $40 billion by bank credit analysts will be an April smash. Normally card failures are in the 1-2% range annually. This larger event opens doors for a historic new number of non-payers and delinquents. This cycle is mostly job loss related but most of it is due to overspending by cardholders.

4. (this is the BIGGIE) Wave one of the Credit Default Swaps (CDS) will hit markets like a Tsunami. These failures will be so overpowering, those in charge will be stunned and flabbergasted by the numbers. The figures are so large we cannot even imagine the amounts. One analyst said it was estimated between $500 and $750 Trillion dollars! There is no margin or deposit money on these trades.

To put number 4 into perspective.... the (just passed today) $825Billion stimulus package is roughly ONE PERCENT of the losses that will be incurred when the CDS crap hits Wall Street.

Those of you who think this is just "negative hype" are welcome to your opinions... but I've been advising all my family and friends about this for the last 2 years... and I've been RIGHT.

[Saint John]

Wow...sorry to hear about all of that, Kate. That really sucks. You and your family are in my prayers. I hope things turn around for you.

[G.I.Jim]

I'm an attorney. I'm use to working 80 hour weeks in my own law practice. My clients are residential and commercial real estate developers.
My very wealthy clients are no so wealthy anymore and are sitting on millions in real estate they can't sell. The effect on my law practice
has been that I'm now working 30 hour weeks instead, but the upside is that I can spend lots of time on MR and visiting with friends and family
and getting back to the very important things in life. I don't like the economy causing people to lose fortunes and causing people to lose their
jobs, etc., but there is sometimes a silver lining through it all and I'm choosing to see the silver lining instead of feeling freaked out..........
I've cut substantial overhead, cut expenses at home, don't go out to dinner as much, and don't add new additions onto my house and property.
I'm hunkering down bracing for the onslaught that is to come. I agree with everything that was said in this post below. I think we are more at the beginning
of the downturn than working our way through it towards an end. We haven't seen nothin yet.......

1. Wave one of commercial real estate foreclosures and loan failures. Some of the biggest of the big buildings will be foreclosed and those planned but not built will never see daylight. Meanwhile, vacancies skyrocket while budgets are busted with dropping rents. One analyst estimated the New York City Financial district buildings will see 66% occupancies with break even budgets being much higher. You will see some major shopping malls shut down.

2. The second wave of residential foreclosures and loan failures arrives dragging down all real estate values both commercial and residential. They will sink like a rock in over-built states and within those regions previously hit the worst. This is related to the next mortgage failure cycle. Some of those formerly upscale, McMansion subdivisions will turn into ghost towns.
Wave one of auto loan failures containing billions in bank, credit union and auto finance company loans will smash credit markets. The reaction will be stunning and probably stop most vehicle lending temporarily for weeks paralyzing automakers and those lenders still doing car and truck loans.

3. Wave one of several future waves of credit card failures estimated at $40 billion by bank credit analysts will be an April smash. Normally card failures are in the 1-2% range annually. This larger event opens doors for a historic new number of non-payers and delinquents. This cycle is mostly job loss related but most of it is due to overspending by cardholders.

4. (this is the BIGGIE) Wave one of the Credit Default Swaps (CDS) will hit markets like a Tsunami. These failures will be so overpowering, those in charge will be stunned and flabbergasted by the numbers. The figures are so large we cannot even imagine the amounts. One analyst said it was estimated between $500 and $750 Trillion dollars! There is no margin or deposit money on these trades.

To put number 4 into perspective.... the (just passed today) $825Billion stimulus package is roughly ONE PERCENT of the losses that will be incurred when the CDS crap hits Wall Street.

Those of you who think this is just "negative hype" are welcome to your opinions... but I've been advising all my family and friends about this for the last 2 years... and I've been RIGHT.

I still like your eye!

[Playitloudforme]

Wow...sorry to hear about all of that, Kate. That really sucks. You and your family are in my prayers. I hope things turn around for you.

Appreciated hun

[SP Fan in Oregon]

I'm an attorney. I'm use to working 80 hour weeks in my own law practice. My clients are residential and commercial real estate developers.
My very wealthy clients are no so wealthy anymore and are sitting on millions in real estate they can't sell. The effect on my law practice
has been that I'm now working 30 hour weeks instead, but the upside is that I can spend lots of time on MR and visiting with friends and family
and getting back to the very important things in life. I don't like the economy causing people to lose fortunes and causing people to lose their
jobs, etc., but there is sometimes a silver lining through it all and I'm choosing to see the silver lining instead of feeling freaked out..........
I've cut substantial overhead, cut expenses at home, don't go out to dinner as much, and don't add new additions onto my house and property.
I'm hunkering down bracing for the onslaught that is to come. I agree with everything that was said in this post below. I think we are more at the beginning
of the downturn than working our way through it towards an end. We haven't seen nothin yet.......

1. Wave one of commercial real estate foreclosures and loan failures. Some of the biggest of the big buildings will be foreclosed and those planned but not built will never see daylight. Meanwhile, vacancies skyrocket while budgets are busted with dropping rents. One analyst estimated the New York City Financial district buildings will see 66% occupancies with break even budgets being much higher. You will see some major shopping malls shut down.

2. The second wave of residential foreclosures and loan failures arrives dragging down all real estate values both commercial and residential. They will sink like a rock in over-built states and within those regions previously hit the worst. This is related to the next mortgage failure cycle. Some of those formerly upscale, McMansion subdivisions will turn into ghost towns.
Wave one of auto loan failures containing billions in bank, credit union and auto finance company loans will smash credit markets. The reaction will be stunning and probably stop most vehicle lending temporarily for weeks paralyzing automakers and those lenders still doing car and truck loans.

3. Wave one of several future waves of credit card failures estimated at $40 billion by bank credit analysts will be an April smash. Normally card failures are in the 1-2% range annually. This larger event opens doors for a historic new number of non-payers and delinquents. This cycle is mostly job loss related but most of it is due to overspending by cardholders.

4. (this is the BIGGIE) Wave one of the Credit Default Swaps (CDS) will hit markets like a Tsunami. These failures will be so overpowering, those in charge will be stunned and flabbergasted by the numbers. The figures are so large we cannot even imagine the amounts. One analyst said it was estimated between $500 and $750 Trillion dollars! There is no margin or deposit money on these trades.

To put number 4 into perspective.... the (just passed today) $825Billion stimulus package is roughly ONE PERCENT of the losses that will be incurred when the CDS crap hits Wall Street.

Those of you who think this is just "negative hype" are welcome to your opinions... but I've been advising all my family and friends about this for the last 2 years... and I've been RIGHT.

I still like your eye!

I changed my Avatar just for you, so you could see my eye better...............
I know that is what you were looking at when you looked at my avatar....... My eyes on my best feature.

[slucero]

I'm a self-employed mobile esthetician, which means I drive around doing facials, manicures, pedicures, hair services, etc. in peoples' homes, cottages, and sometimes businesses. The big biz of beauty!

I'm a chef who runs a little bakery just outside of town. Haven't been able to sell my fucking muffins lately!??? Okay...not really. Just wanted to add to the thread...carry on!

Jim... your skills can't be "outsourced" overseas... so you should actually do OK... just remember that folks will be looking more locally for things like bread, veggies, etc... I'd surmise that a bakery that makes bread at a price competitive with chain stores should do just fine... remember they have huge overhead compared to yours, and in a declining economy to boot... current circumstances kinda puts "size" on your side... and your bread probably tastes a whole lot better than store bought!

[G.I.Jim]

I'm a self-employed mobile esthetician, which means I drive around doing facials, manicures, pedicures, hair services, etc. in peoples' homes, cottages, and sometimes businesses. The big biz of beauty!

I'm a chef who runs a little bakery just outside of town. Haven't been able to sell my fucking muffins lately!??? Okay...not really. Just wanted to add to the thread...carry on!

Jim... your skills can't be "outsourced" overseas... so you should actually do OK... just remember that folks will be looking more locally for things like bread, veggies, etc... I'd surmise that a bakery that makes bread at a price competitive with chain stores should do just fine... remember they have huge overhead compared to yours, and in a declining economy to boot... current circumstances kinda puts "size" on your side... and your bread probably tastes a whole lot better than store bought!

I was totally joking... I'm a recruiter for the Army National Guard! While I am a serious cook...I have no bakery, nor am I a pastry chef! Sorry, I was just trying to help some people smile.

[slucero]

I'm a self-employed mobile esthetician, which means I drive around doing facials, manicures, pedicures, hair services, etc. in peoples' homes, cottages, and sometimes businesses. The big biz of beauty!

I'm a chef who runs a little bakery just outside of town. Haven't been able to sell my fucking muffins lately!??? Okay...not really. Just wanted to add to the thread...carry on!

Jim... your skills can't be "outsourced" overseas... so you should actually do OK... just remember that folks will be looking more locally for things like bread, veggies, etc... I'd surmise that a bakery that makes bread at a price competitive with chain stores should do just fine... remember they have huge overhead compared to yours, and in a declining economy to boot... current circumstances kinda puts "size" on your side... and your bread probably tastes a whole lot better than store bought!

I was totally joking... I'm a recruiter for the Army National Guard! While I am a serious cook...I have no bakery, nor am I a pastry chef! Sorry, I was just trying to help some people smile.

LOL!

[jrnychick]

For me:

No job (layoff)
No job prospects (been interviewing for the last month with no results)
Landlord raised rent $100
No money left
No credit cards left (let alone open)
Car repossessed. One car left and unable to make payments on that.
No insurance.
No registration. To get it means insurance (with money I don't have) and paying off my son's parking tickets (with money I don't have) to the tune of $631 just for the registration, another $250 or so for insurance. Right.

and today... no paperwork. Someone broke into my car, stole my resumes, my address book, my car registration and car insurance papers. Not that it should do them any good, as I'm financially destroyed as humanly possible.

Can life shit on me any more? Unfortunately ... yes. I could get sick. And oh yeah.. no health insurance either.

Prayers would be good.

I am so sorry about all of this! It makes my job loss seem like a walk in the park. I hope things turn around for you soon!

[jrnychick]

http://www.layoffdaily.com/


later~

I've been looking at that site every day for the past few weeks now! The little company I work for is owned by RR Donnelley, so I was constantly checking for RR Donnelley layoffs.

[jrnychick]

it is hitting the education system as well

I have heard that, too. One of the things that I have been considering is going back to teaching, but maybe I should rethink that idea!

[SusieP]

I'm a self-employed mobile esthetician, which means I drive around doing facials, manicures, pedicures, hair services, etc. in peoples' homes, cottages, and sometimes businesses. The big biz of beauty!

I'm a chef who runs a little bakery just outside of town. Haven't been able to sell my fucking muffins lately!??? Okay...not really. Just wanted to add to the thread...carry on!

Jim... your skills can't be "outsourced" overseas... so you should actually do OK... just remember that folks will be looking more locally for things like bread, veggies, etc... I'd surmise that a bakery that makes bread at a price competitive with chain stores should do just fine... remember they have huge overhead compared to yours, and in a declining economy to boot... current circumstances kinda puts "size" on your side... and your bread probably tastes a whole lot better than store bought!

I was totally joking... I'm a recruiter for the Army National Guard! While I am a serious cook...I have no bakery, nor am I a pastry chef! Sorry, I was just trying to help some people smile.

Bloody typical, the only person whose job has any prospects doesn't really do that job.

Made me laugh though.