thursday 1 Posted April 16, 2009 Share Posted April 16, 2009 UBS, having announced a slashing of 20% of their workforce, will let the affected peeps know tomorrow. Anyone from UBS? Link to post Share on other sites
BagOfCrisps 24 Posted April 16, 2009 Share Posted April 16, 2009 I know a few, there's a lot of nervousness around. Link to post Share on other sites
2pints-mate 0 Posted April 17, 2009 Share Posted April 17, 2009 Friends didn't get the chop. Can you imagine that. Knowing your company is shedding 20% of jobs and having to go in the next day to find out if it was you. Like some bad reality tv show. But more real. Link to post Share on other sites
thursday 1 Posted April 17, 2009 Share Posted April 17, 2009 I know 3 who got it today. Link to post Share on other sites
nzlegend 1 Posted April 18, 2009 Share Posted April 18, 2009 Kristy Hammonds, 31, and Michael Setzer, 32 lost their jobs this week is the most ignominious and potentially costly way possible just google the word "Dominos" for more info ;-) Link to post Share on other sites
2pints-mate 0 Posted April 18, 2009 Share Posted April 18, 2009 a staff member abusing food at the fast food restaurant. Link to post Share on other sites
thursday 1 Posted April 18, 2009 Share Posted April 18, 2009 That UBS story is pretty grim. They had to leave immediately and even had their handbags serached. Quite disgusting the way the management handled it. Link to post Share on other sites
thursday 1 Posted April 18, 2009 Share Posted April 18, 2009 Not gonna order from Dominos again forever. Telling ALL my friends and aquaintances too. Link to post Share on other sites
muikabochi 208 Posted April 18, 2009 Share Posted April 18, 2009 Things like that don't seem to make the top headlines anymore. Just goes to show where we are now I suppose... Link to post Share on other sites
thursday 1 Posted April 18, 2009 Share Posted April 18, 2009 Shell shocked. Link to post Share on other sites
thursday 1 Posted April 18, 2009 Share Posted April 18, 2009 and numb Link to post Share on other sites
rach 1 Posted April 19, 2009 Share Posted April 19, 2009 Yes didn't see any of that on the news. Many people you know losing jobs thursday? Link to post Share on other sites
bobby12 0 Posted April 20, 2009 Share Posted April 20, 2009 I think recently the media are trying to fool everyone that the recession is over, therefore any negative news like this would be suppressed. There has been all kinds of crap coming out, like how Intel did better than they expected etc. Link to post Share on other sites
Go Native 70 Posted April 20, 2009 Share Posted April 20, 2009 Not sure how Japan can get out of this recession when it never really got out of the last one. Link to post Share on other sites
HelperElfMissy 42 Posted April 20, 2009 Share Posted April 20, 2009 hmmm ... isnt it normally the case that jobs are lost well after the nasty r word is mentioned for the first time....and that the lovely recovery word is not enough to keep people in jobs once the downturn has reduced profits to the point where business can not carry those people for a few extra non profitable months without jeopardising the business itself. The world economy may well be inching toward a slow recovery - but it will still be months or years before trade is again at a level that those jobs need to be recreated. I hope we have seen the worst. It is horrid for people to be battling to keep a roof over thier heads and food in thier kids mouths. Link to post Share on other sites
thursday 1 Posted April 20, 2009 Share Posted April 20, 2009 It's only the end of the beginning, it's begun to happen at an accelerated pace. Banks are shedding hundreds at a time, the middle to senior levels, this time. It's never happened in the past downturns. Link to post Share on other sites
HelperElfMissy 42 Posted April 20, 2009 Share Posted April 20, 2009 Originally Posted By: thursday It's never happened in the past downturns. What about the biggie in the 30's? Did it happen then? I wonder if it is not a smart thing for business to shed staff and shrink the business expenditure at a time of great risk to save the business so that when it picks up again (and it will) there are jobs for those people again. Not fair for the people being 'shed', but the reality is that if you employ 150 people and are exposed to potential disaster, and can avert that disaster by shedding 50 and keeping 100 at a reduced pay rate then in the end you have mananged to keep the business viable and keep 2/3 of your workforce employed. If companys held onto all of thier staff defiantly against the wave of recession, they may well have no business and EVERY ONE of thier employees is without a job. Link to post Share on other sites
thursday 1 Posted April 20, 2009 Share Posted April 20, 2009 employees can help by accepting one day's no pay leave per week until they get out of the woods. But then there are all too many expoitative employers out there. I mean if it saves a headcount from our department, then I'm all for an extra day off a week. Means losing 14% salary, but it's only temporary pain. Link to post Share on other sites
bobby12 0 Posted April 20, 2009 Share Posted April 20, 2009 Agree with above. An extra day off would be sweet, though it means spending more money as I would be on long weekend trips all the time. Link to post Share on other sites
thursday 1 Posted April 20, 2009 Share Posted April 20, 2009 dun worry about that, you can have Wednesday off. Link to post Share on other sites
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