Thread: Job market
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Old 01-30-2009, 03:53 PM   #9
piemma
Very Grumpy bay man
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Join Date: Nov 2003
Location: Rhode Island
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I didn't mean for this to come across as weining. I have health coverage. The company was reimbursing me for my coverage but not my wife.
The whole thing just pisses me off because they obviously made a boat load of profit. The Company went from revenue of $4.6M in 07 to $9.5M in 08 with essentially the same number of employees (i.e. the same overhead.) So they grossed $5M more in 08 yet wack 30% of the staff and cut everyone's salary and health coverage.
It smacks of what's happening on Wall Street.

Personally, I am more pissed about the ethics of what they did than anything else. I'm going to be 62 in October and I should probably retire then and fish full time.

No boat, back in the suds.
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