Hard Times

/ Hard Times #1  

ByronBob

Veteran Member
Joined
Jun 9, 2004
Messages
1,447
Location
Byron New York
Tractor
2004 BX2230
My company on Friday laid off about 20% of it's workforce. I was given an offer I couldn't refuse to stay on board. Really got me by the back side for the moment.
Don't know what it's like out there in the real world but things in WNY aren't all that good. I wonder sometimes how my kids will survive when I'm having a hard time doing it??
 
/ Hard Times #2  
Trust me it isn't any easier here in AZ. I work in the manufacturing aspect and the work load is really dwindling down fast. Our co. is downsizing rapidly, but I saw it coming and at the end of this month putting the home up for sale and moving to our other home in the country. The wife and I have been aware of this for years and have been planning for it and are ready. So at 44 I'll go into semi-retirement and live off the equity as long as possible. Our 4 kids are grown up and on their own but it's tough for them on a constant basis. The work force isn't what it used to be.
 
/ Hard Times #3  
I am sorry to hear that. I know exactly how you feel. My company has gone through that serveral times in the past few years. At our location we went from 700 employees down to 175 in 5 yrs. In my case I went from being a department head with dozens of reports to just being a worker. I've had good offers to move else where but my children asked me to stay in our home town. I swallowed my pride and took the "offers" just because I didn't want to see my little ones cried.

Keep your head high, your attitude positive and surprisingly you will still be able to get ahead even in these conditions. Remember that your children are watching you and learn how to deal with adversity.

Take it easy. Money and prestige aint every thing.
 
/ Hard Times #4  
KNOW HOW YOU FEEL! over the years my co. went from 3 plants in this area, with over 3000 employes to now 0 plants and 0 employes, i was terminated abot 18 mo. ago but as luck would have it ( for a change) i was old enough to just slip into retirement. also know how you wonder about your kids? that why mIne are out in AZ AND NV EXCEPT FOR MY YOUNGEST WHO IS STILL DOING WELL IN ROCHESTER. keep pluggin thats all one can do. /forums/images/graemlins/frown.gif
 
/ Hard Times #5  
Times are BAD in the deep south as well. My company has downsized, laid people off and closed plants right and left with no end in sight. I am 57 years old and have never seen the job market as bad as it is now.

If you listen to Paul Harvey you would think we are in a booming economy. During the last election he told us every day how the economy was growing and all of the leading indicators were going in the right direction. I'd love to get the address of his ivory tower.
 
/ Hard Times #6  
I was asked (more like told) to take a 50% paycut right before Thanksgiving, because the company couldn't make payroll. It pretty much torpedo'd our Xmas. Fortunately, it was only until the end of the year.

I left a very stable company 2 years ago to come on board with my current employer (all kinds of promises and flush with cash, I was told and led to believe.) I was asked to take a 15% paycut 8 weeks after coming onboard. /forums/images/graemlins/mad.gif
 
/ Hard Times #7  
It will be rougher for our kids. I have worked in telecommunications for most of my career. For the last 10 years or so it has been annual or semi annual layoffs. I got laid off a couple of years ago and found a job contracting with a 30% pay cut and about 90% benefits cut. Job hunting at 50 is no fun /forums/images/graemlins/frown.gif

My best advice is to pay cash for everything except your home mortgage, and do not overbuy there either. I have gotten things so that I think I could exist with a Wally World job and a bit of repair work on the side if I have to. Or maybe when I have to. Also have a bit of land where you can at least raise and preserve a lot of your food, better and cheaper too.

I am no longer playing the game of moving all over the country chasing a job, did that for years, cost me a lot of money and just wound up getting laid off, so someone in India could do my job cheap.
Now a days it is not a matter if your company will layoff, just when and will it get you.

Good fortune to us all.
Ben
 
/ Hard Times #8  
Ganzer you coming to the spring fling thing? I still have your memory stone I'm holding. It's getting heavy. /forums/images/graemlins/grin.gif

On topic; I have to worry what kind of opportunities we're leaving our kids.

Sad to say, but we might have witnessed the last great boom that was across the board. Where effort and determination could compensate for lack of education or training.
 
/ Hard Times #9  
I got laid off from my 2nd "good" factory job I had in 1980. I had a $315 per month mortgage and got $90 per week unemployment. I really wondered what i was going to do with the $45 surplus...........Eat perhaps?? I started doing auto repairs (tune ups & brake jobs) for friends until I got another "real" job.....Never did get another job........I got so busy working I didn't have time to look for work !! Back then I thought that losing my job was the worst thing that could happen to me......BUT as I look back..........It was the incentive I needed to start my own business that I lacked because I didn't want to leave the security of a REAL job...............Being laid off turned out to be the best thing that could of happened to me.......(although it sure didn't seem like it at the time) I'm on my third business venture (each more involved than the last) and couldn't go back to working for someone else again. When a door closes........Another one opens........Try to find something you'd enjoy doing for free and get paid for doing it............That's what I stumbled into........for the last 25 years or so............Good Luck.........Tom
 
/ Hard Times #10  
This area has pretty much been gutted. Unemployment in the Martinsville Va. area was 15% last time I looked at the figures. Danville Va. was 13-14%. Just had another textile mill shut down in Drakes Branch Va. last week. Over 300 folks lost their jobs there. Nothing new to take their place either.

The tobacco buy out was passed and there's very few that will raise tobacco. That will hit the machinery dealers soon. I called Southern States to get a quote on fertilizer today. 19-19-19 is $325 per ton and $5 spread charge per ton. Two years ago that same fertilizer was $180 per ton. Hmmmm. I think we spent the last 5 years giving it all away to other countries. In the name of profits. TV says our economy is doing good. I say it's doing good without the American worker.

Hard times??? Just my opinion, but it hasn't hit us yet. Our buying power is going fast.
 
/ Hard Times
  • Thread Starter
#11  
There's some sad stories on here just as I thought. For a few minutes I thought I was the only one having a tough time. When the company brought a CEO on board last fall I knew it was a matter of time before the shoe dropped.
My problem is where do you go from here?? I see moving isn't the cure all from what you guys mention.
 
/ Hard Times #12  
First let me say that I can feel for for those looking at the prospect of un-employment or under-employment. That said, I can't help but see this trend as a natural progression.

Early in the history of this country, not by choice, but by necesssity and lack of technology, the majority of workers were independent craftsman and sole providers. You did what you could to survive. This slowly evoled into an industrial base where it was commonplace for people to become dependent of a company for their survival. These companies built upon the labors of their workers, grew larger, and became more powerful.

My theory....eventually, the mushroom cloud of large corporate America will boil over and the fall-out will seed a re-emergence of independence.

The main problem. Our society has very weak memories of how to be independent and live within our means. I know...I'm there, I have multiple phone lines, cell phones, two cars, a tractor, 2 of those, 3 of them....you get the point.

Lob loss can be seen as an opportunity. Several years ago, I was out of a job and went though a MAJOR life adjustment. We survived...we're probably better off now than before, we're more aware of each dollar since we are directly responsible for each one.

People complain about China....my unpopular thought....they're beating us at our own game !! They're doing what we did in the 'Industrial Revolution' !

Adapting to change is a key part of survival.

Sorry if I'm offending any TBNer's, Just another way to look at a situation.
 
/ Hard Times #13  
When I was growing up and the employment in the Welsh mines was shinking I used to argue dont they realize that they are economic dinosaurs and they have to adapt to the new economic order of the information age. I'll get myself a nice safe job in banking dealing foreign exchange bonds etc. Came to the ripe old age of 50 and Iwas out on my ear.Went from being a master of the universe to a earning capacity of zip. So what did I know. What do I tell my kids to get get a job in? To compound the issue is the fact that we are faced with a number of converging forces. The assumption that the english speaking world will dominate the distribution of wealth is fast coming to an end.We are reaching a point were the addition of new supplies of natural resources is insufficient to meet rising demand (the commodity price index recently hit a 24 year high). Finally, rising economic demands in emerging economies will have a disproportionate impact on the environment
 
/ Hard Times #14  
Bob,
You adapt, that is where you go. Last summer I faced the reality that my job was actually costing us money. I was a salesman on the road and with cuts in expense money and commisions I was loosing ground. After a chat with the CFO(wife) I resigned. I fell back to my talents. I am lucky, I am in good physical condition and used that to my advantage. I think our future is in our hands and minds. We will adapt, we will find new industry. Each time we face a closure we find an opportunity. I do not think the greatest nation in the world is built on us being satified with a gloomy outlook. We are industrious and will not settle for going backwards. For anyone underemployed or unemployed. What are your strengths, what do you enjoy doing? As a salesman I had to show others what I could do for them that no one else could do as well. some times that meant price, some times service, some times quality of product. What can you do which is unique. All of us who are facing a change in our lives at this time have an opportunity. I think this forum is a great place to find ideas, encouragment and knowledge. I believe it is time to take our talents in a new direction and that is where my ambitions take me. Guess I have preached too much, but just my humble opinion.
 
/ Hard Times
  • Thread Starter
#15  
Jim,

It's a big world with opportunity I agree but only if you have the ability to be flexible. With kids in school that opportunity shrinks. Then throw in a market with limited openings and it shrinks even more. Then throw in a good paying job, in a small market with no flexibilty and were all looking for the holy grail.
I'm fortunate to keep my job with a reduced wage which for now is better than unemployment but for many reasons which I won't cry about, makes it a bitter pill to swallow.
 
/ Hard Times #16  
Unemployment in Oregon has been #1 to #3 in the country for the last 5 years. Some is due to stupid state and local government policy and some is due to over reliance on high tech industry. Unfortunately, I am in high tech and had a very similar situation in 1999. My long time employer was bought out by a Bermuda based corporation. I did not think the Bermuda based corporation was very ethical (somewhat prophetic on my part!) and I did not like how 15,000 of my fellow Harrisburg based employees were let go. The situation stunk, and I wasn’t going to work for that outfit any more!
So when management assured me that I had a position in the “New” company I smiled, revved up my resume, and promptly went to work for their biggest competitor.
It was a bold move, but I made the correct decision.
Some times you have to evaluate your situation and roll the dice. The grass may not be greener on the other side, but it may be more edible.
 
/ Hard Times
  • Thread Starter
#17  
Today on the front page of the paper is an article that says the Rochester area in WNY has the worst outlook for the next 3 months for employment in the nation. /forums/images/graemlins/grin.gif /forums/images/graemlins/blush.gif /forums/images/graemlins/shocked.gif

Boy am I in great shape or what..........I've really got it made
 
/ Hard Times #18  
</font><font color="blue" class="small">( assured me that I had a position in the “New” company I smiled, revved up my resume, and promptly )</font>

Smart Man /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif

Egon
 
/ Hard Times #19  
I have been in business for myself for 25 years now. In that time I have actually been in about 4 different businesses. I have had to adapt as markets changed and the economy went downhill.

Back in the 80's Texas went down the toilet when the oil business fell apart. I had some very lean years for a while and made up my mind that when I got out of debt I would not go back into debt. It has taken me a long time to get back up, but today I don't buy anything I can't pay cash for. The only thing I financed in years was the house and we paid it off as we cashed out of some rent property I had acquired.

I have only been fired from one job in my life and the day before I was fired I happened to read something in the book "Illusions" by Richard Bach that I have never forgotten:

"The depth of your ignorance is your belief in injustice and tragedy. What the caterpillar calls the end of the world, the Master calls a butterfly."

Those of you who are having a tough time, please hang in there. Try to see it as an opportunity to do something you really enjoy. Look around and decide what you have always wanted to do and then go do it. Don't worry about the money, you will always be paid what you are worth.

Bill Tolle
 
/ Hard Times #20  
Good post.

</font><font color="blue" class="small">( Try to see it as an opportunity to do something you really enjoy. )</font>

And I may add, don't be shy about taking a chance or a risk.
Some say you only live once. Make it WORTH it.

-Mike Z. /forums/images/graemlins/grin.gif
 

Marketplace Items

2018 CATERPILLAR TL1255D TELESCOPIC FORKLIFT (A62129)
2018 CATERPILLAR...
2006 Nissan Pathfinder SUV (A61569)
2006 Nissan...
2018 Kia Forte Sedan (A61569)
2018 Kia Forte...
429644 (A61165)
429644 (A61165)
(2) 18.4-34 TIRES W/8 LUG RIMS (A62130)
(2) 18.4-34 TIRES...
UNUSED RAYTREE RMDM72S - 72" DRUM MULCHER (A62131)
UNUSED RAYTREE...
 
Top