All the layoffs at my work happened within the last year. But my department is generally good because its hard to find people to fill in positions.

But the same thing is happening at my moms work. If your work is laying people off not because of salary or because of seniority, then they must be screwing around. But I wouldn't worry too much, although if you think you might be in danger, update the resume and check other options and don't tell anyone what you are doing. Just test the waters and see whats out there. There's always EI by the way!

quote:

Originally posted by DigiNut W I suppose I am known to have an attitude at work, similar to the attitude I have everywhere else; I have an attitude because I work hard, perform exceptionally well, and have little patience for those who put in a half-assed effort and expect me to cover for them or help dig them out of their holes.

So generally I would agree with this, but I don't think now is the time to be cocky either. People who can encourage even the underperformers to work as a team will be seen favorably no matter what.

I don't know what kind of company you work for, but even if you are performing well, being cocky vs. collaborative isn't really ever appreciated.

Re: Layoffs @ Work

quote:

Originally posted by italarmo FUCK! Anyone else going through the same thing at work?

I've seen two people (in my team of nine) be laid off, and one left prior to that on his own. My company will be laying off 131 out of a total workforce of 318 salaried employees, and 78 out of 83 contractors, by the end of this year (at our location only). The bulk of this will happen in March 31st. Some of it is due to moving the positions into other countries (U.S., Argentina, maybe somewhere else), but I'm not sure how many positions will be closed down for good.

quote:

Originally posted by exstasie Nice..that's pretty sweet! What company is it btw? I'm sure I could google it..but that's no fun

RBC

the rest:


Globe and Mail Update

January 28, 2009 at 2:53 PM EST

Five Canadian companies are included on this year's list of the 100 most sustainable large companies in the world.

Toronto-Dominion Bank, EnCana Corp., Telus Corp., TransCanada Corp., and Royal Bank of Canada were considered to be among the elite corporations worldwide that are both environmentally friendly and likely to survive in a tough financial environment.

Encana ?!?!?

quote:

Originally posted by malek Toronto-Dominion Bank

Sounds like you need a union.

yeah cause the unions are protecting the auto workers right now.

been laid off once 4 years ago, hoping that's it for me!
Feeling 99.999% secure right now thank god.

quote:

Originally posted by English Rachel It's everywhere hun....

Not true. My work hasn't laid off a soul. The stability of working for a bank.

quote:

Originally posted by malek Encana ?!?!?

it's possible that they provide funding to other public infrastructure in an effort to help make them carbon neutral. i know that's what TD does in a number of cases where their own premises cannot be retrofitted, they'll end up providing funds to say a hospital to help them upgrade instead. I wish I had more info on it to share. When I heard it through work I thought it was a pretty interesting concept.

This list of first quarter layoffs came across the wire today:

Company Name Date of Number of Percent
Announcement Jobs Cut Work Force

Eastman Kodak 01/29/2009 4,500 18%
AstraZeneca 01/29/2009 7,400 11%
Ford Motor Credit 01/28/2009 1,200 20%
Analogic Corp. 01/28/2009 140 9%
Ferro Corp. 01/28/2009 125 2%******
Avocent Corp. 01/28/2009 170 8%
Boeing Co. 01/28/2009 10,000 6%****
Bowne & Co. 01/28/2009 200 6%
Sepracor Inc. 01/28/2009 530 20%
Allstate Corp. 01/28/2009 1,000***** 2.6%
Cabot Corp. 01/28/2009 500 12%
Skyworks Solutions 01/28/2009 150 4%
Citrix Systems 01/28/2009 N/A 10%
Jabil Circuit 01/28/2009 3,000 4.92%
AOL 01/28/2009 700 10%
Starbucks 01/28/2009 6,700 4%
SAP 01/28/2009 3,000 6%
STMicroelectronics 01/28/2009 4,500 9%
Avery Dennison 01/27/2009 N/A 10%
Baker Hughes 01/27/2009 1,500 4%
Corning 01/27/2009 3,500 13%
Cooper Industries 01/27/2009 2,200 7%
Clariant 01/27/2009 1,000 5%
Texas Instruments 01/26/2009 3,400 12%
Caterpillar 01/26/2009 20,000 18%
Home Depot 01/26/2009 7,000 2%
Sprint Nextel 01/26/2009 8,000 13%
Pfizer 01/26/2009 8,300 10%
ING 01/26/2009 7,000 5%
Philips Electronics 01/26/2009 6,000 5%
Corus 01/26/2009 3,500 10%
Harley-Davidson 01/23/2009 1,100 11%
Microsoft 01/22/2009 5,000 5%
Huntsman 01/22/2009 1,175 9%
Intel 01/21/2009 6,000*** 7%
UAL 01/21/2009 1,000 2%
Eaton 01/20/2009 5,200 6%
Bose 01/20/2009 1,000 10%
Rohm & Haas 01/20/2009 900 5.7%
Clear Channel 01/20/2009 1,850 9%
ConocoPhillips 01/16/2009 1,300 4%
Circuit City 01/16/2009 34,000 100%*
Pfizer 01/16/2009 3,200** 3%
AMD 01/16/2009 1,100 9%
Hertz Global Holdings 01/16/2009 4,000 13%
Wellpoint 01/16/2009 1,500 3.6%
Saks 01/15/2009 1,100 9%
MeadWestvaco 01/15/2009 2,000 10%
Autodesk 01/15/2009 750 10%
Motorola 01/14/2009 4,000 6%
Barclays 01/14/2009 2,100 1.3%
Neiman Marcus 01/13/2009 375 3%
Cummins 01/13/2009 800 2%
Seagate Technology 01/12/2009 800 10%
Cessna 01/12/2009 2,000 N/A
Walgreen 01/08/2009 1,000 9%
Lenovo Group 01/08/2009 2,500 11%
EMC 01/07/2009 2,400 7%
Logitech International 01/06/2009 500 5%
Alcoa 01/06/2009 15,000 14.5%
Cigna 01/05/2009 1,100 4%

quote:

Originally posted by Skipper This list of first quarter layoffs came across the wire today:

WOW! I feel sick to my stomach when i read the layoff rates...
Imagine all those people going home to their families and telling them that they don't have a job anymore. It sux!
My heart goes out the people that will have to sell their homes and cars b/c they can't afford it anymore.

quote:

Originally posted by italarmo WOW! I feel sick to my stomach when i read the layoff rates... Imagine all those people going home to their families and telling them that they don't have a job anymore. It sux! My heart goes out the people that will have to sell their homes and cars b/c they can't afford it anymore.

And that is exactly why we are experiencing the issue today
People were buying houses that they weren't able to afford in the first place and should have never been approved to buy.


The problem is though, they can't sell their house.
They owe more to the bank then they an in equity because of the decrease in the housing market...
They'll owe more money to the bank by selling their house so they can't even do that.

If had access to money I'd be buying up foreclosed real estate in the US. You can houses for nothing these days. I think that's what helped the increase in house sales in the US from Nov. to Dec.