Thread: Job market
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Old 01-30-2009, 07:30 PM   #24
5/0
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Join Date: Jul 2004
Location: Cape Cod,MA.
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Quote:
Originally Posted by piemma View Post
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.
Im sorry to hear about the going on's at your work,the health care is the real kicker,it sucks.
In time's such as these alot of companies such as yours who made a large profit can just jump on the economy wagon and say hey times are tough sorry.

Paul Im sorry for you & yours to go through this but it could be worse.


I got a 33% pay cut and was told I must work a 40hr. work week
So I know how your feeling.



5/0

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