Layoffs begin

[fatburg]

Just got a call from my best friend, my office back home just announced theyare laying off 35 engineers today!!! That's about 2/3's of the office. Guess I'm safe on my field assignment but have no idea what that leaves me for when I get back in 7 months. And my 2 best friends work there so waiting to hear their fate. Suck

[Rider]

Sucks. Hope they pull though ok.

[HurricaneHeather]

Awww...suck. :(

[Trip]

That sucks Ryan, Watts Bar Unit 2 is hiring engineers. You can come hideout with me at Mother Nuke. I will never leave the warm breasts of mother nuke, it's so safe and warm here.

[RACER X]

Just got a call from my best friend, my office back home just announced theyare laying off 35 engineers today!!! That's about 2/3's of the office. Guess I'm safe on my field assignment but have no idea what that leaves me for when I get back in 7 months. And my 2 best friends work there so waiting to hear their fate. Suck

what kinda engineering?

[azoomm]

:(

[Method]

Sucks - it's been happening all over. Our client project teams have been getting demaciated .

[Trip]

what kinda engineering?

All kinds, just look on tva.gov careers page. Look for spring city listings, we are building the first new nuke reactor to come online since we did it last in the 90's. Bechtel the contractor for the project is also hiring a ton. I think they are bechtel.com, but that is a contractor position so it's not permanent.

[RACER X]

All kinds, just look on tva.gov careers page. Look for spring city listings, we are building the first new nuke reactor to come online since we did it last in the 90's. Bechtel the contractor for the project is also hiring a ton. I think they are bechtel.com, but that is a contractor position so it's not permanent.

well i was asking the O/P what kinda firm his was, but yeah my firm also builds nukes and if oil goes away thats what i'm hoping is our next big projects. we are already expanding the south texas nuke project.

[ontwo]

Sucks. Good luck, dude

[Trip]

well i was asking the O/P what kinda firm his was, but yeah my firm also builds nukes and if oil goes away thats what i'm hoping is our next big projects. we are already expanding the south texas nuke project.

I need to get down to South Texas sometime, they have the same type setup for my job here. Do a benchmarking trip.

[fatburg]

Electrical Engineer in a Consulting firm, do mainly power plant work. The problem with nuke design for new stuff is that our new fearless leader doesn't want it. That part of the problem, we just bought out Washington group to get their nuke experience, and now we won't need it in a year. oops

Hey Trip, trust me, I've been talking like crazy to get L to stay out here but don't see it happening. Guess I'll have to treenter the world of cubical farms I hate so fricken much.

I should know more this afternoon if I need to start looking or not.

[RACER X]

hey hey, i'm an elec. designer in a cube farm.

if your interested in moving let me know.

[fatburg]

hey hey, i'm an elec. designer in a cube farm.

if your interested in moving let me know.

appreciate it, but wife ain't gonna let me leave KC or I would be staying out here.

**of course I might not have a choice after today. But there are 6 large firms in KC, kind of the engineering consulting mecca oddly enough.

[RACER X]

define large? lol my outfit has 3500 empl. in the houston branch,

come to houston, home of large eng. lol

[speedylocksmith]

it gets worse and worse......


http://news.yahoo.com/s/nm/20081211/bs_nm/us_usa_economy_jobless

WASHINGTON (Reuters) – The number of U.S. workers filing new claims for jobless benefits surged to a 26-year high last week, Labor Department data showed on Thursday, as a deepening recession forced employers to cut back on hirings.

Initial claims for state unemployment insurance benefits jumped by 58,000, the biggest increase since September 2005, to a seasonally adjusted 573,000 in the week ended December 6 from an upwardly revised 515,000 the previous week. That was the highest print since November 1982, when 612,000 workers submitted new claims for unemployment benefits.

A Labor Department official said there were no special factors influencing the report. Analysts polled by Reuters had forecast 525,000 new claims versus a previously reported figure of 509,000 the week before.

The four-week moving average of new jobless claims, a better gauge of underlying labor trends because it smoothes out week-to-week volatility, rose to 540,500 from 526,250 the prior week, the highest since December 18, 1982 when a reading of 554,500 was recorded.

Continuing claims jumped to 4.43 million in the week ended November 29, also a 26-year high, from 4.09 million the previous week. The 338,000 increase in continuing claims matched the gain recorded in the week ended November 30, 1974.

[fatburg]

define large? lol my outfit has 3500 empl. in the houston branch,

come to houston, home of large eng. lol

3500 is about mid-size for KC.

Either way, i'm going into pay-off bill mode full throttle now just in case. Got 6 more months of field pay to get ahead.

Anyone want to buy a DRZ?? Might make a good deal for ya. haha

[Angee]

That sucks...good luck with the hunt!

A friend of ours works for Pitney Bowes/Map Info and they just laid off 128 people in two offices up here. He got lucky, as he's in management. Three others in the same group of friends are jobless as well. It really sucks. I just hope they don't decide to start cutting here, as I'd be the first to go.

[azoomm]

Two industries to be happy in right now...

Oil and Gas

Medical Implants.

[RACER X]

3500 is about mid-size for KC.



so whats KC ?

[fatburg]

so whats KC ?

Kansas City

[RACER X]

wow never knew KC to be a big eng. hub.

[Captain Morgan]

Damn, hate to hear that Ryan. Hope all works out ok for you. Sounds like you're taking the right approach to get bills paid off. Although, I sometimes wonder what is best...to pay things down, or save the money. I think if you can't afford to pay something completely off, then it's best to save the money so you can use it for monthly payments. But a lot of that depends on the amount we're talking about, including interest %. Again, hope all works out well for you.

[fatburg]

Damn, hate to hear that Ryan. Hope all works out ok for you. Sounds like you're taking the right approach to get bills paid off. Although, I sometimes wonder what is best...to pay things down, or save the money. I think if you can't afford to pay something completely off, then it's best to save the money so you can use it for monthly payments. But a lot of that depends on the amount we're talking about, including interest %. Again, hope all works out well for you.

I've always debated that one. I usually save it up till i can pay it off in a chunk. The wife starts back to work as soon as we get back so relly i'm just trying to get monthly bills down.

[Ol' Man Rider]

it gets worse and worse......


http://news.yahoo.com/s/nm/20081211/bs_nm/us_usa_economy_jobless

Continuing claims jumped to 4.43 million in the week ended November 29, also a 26-year high, from 4.09 million the previous week. The 338,000 increase in continuing claims matched the gain recorded in the week ended November 30, 1974.

I would sure like to know what the working population is estimated to be for both record dropping weeks. IMO percentage if working population is more relevant than "media shock" records and figures.

Unfortunately, my layoff came in October when the investment banks started seeking a bailout from the government. Since then I have been able to only find a few short weeks of temporary work. It came very unexpected for me, but I believe I will pull through it ok in the end.

[fatburg]

so far every electrical brought in has been let go which is about half our group. They are actually escorting people straight out the building!!! No 2 weeks or anything.

[Trip]

so far every electrical brought in has been let go which is about half our group. They are actually escorting people straight out the building!!! No 2 weeks or anything.

damn...when do you find out?

[fatburg]

damn...when do you find out?

Not for sure, sometime today I hope. I was just thinking that I hadn't seen my letter stating my salary for next year, guess i know why now.

[Trip]

What a shitty thing to do right before christmas... Any of your friends go in yet?

[t-homo]

Sorry to hear this Ryan. Hope all works out well for you in the end.

My roommates dad works at AB in St. Louis and they find out tomorrow if he is getting laid off. He said the plan is to move to a company in Cali that has been talking to his dad for a while.

[fatburg]

What a shitty thing to do right before christmas... Any of your friends go in yet?

Apparently the 3 of us survived, pretty much the rest of the group hacked to pieces!

[Trip]

Apparently the 3 of us survived, pretty much the rest of the group hacked to pieces!

I'd still be on the lookout for opportunities somewhere more stable when you get back if I was you though. That's messed up.

[the chi]

Sorry to hear that hunny, glad you made it through tho...

Im with Trip tho, start looking for a more stable type thing, and I know wives are stubborn, but if you find a job elsewhere, shes gonna have to suck it up and deal. Whats more important, supporting the family, or living near the extended family?

[fatburg]

I'd still be on the lookout for opportunities somewhere more stable when you get back if I was you though. That's messed up.

Sorry to hear that hunny, glad you made it through tho...

Im with Trip tho, start looking for a more stable type thing, and I know wives are stubborn, but if you find a job elsewhere, shes gonna have to suck it up and deal. Whats more important, supporting the family, or living near the extended family?

I just need to figure out what it is i want to do. I have zero desire to sit in a cubicle farm anymore.

[Rider]

I just need to figure out what it is i want to do. I have zero desire to sit in a cubicle farm anymore.

There's always Pimpin. :idk:

[fatburg]

There's always Pimpin. :idk:

That has worked for me in the past, but smackin them bitches around gets boring.

[the chi]

That has worked for me in the past, but smackin them bitches around gets boring.

I read the words. I read them again.

Then I picture you, with your adorably sweet face and soft spoken voice.

DOESNT FIT!! :rofl:

[Rider]

That has worked for me in the past, but smackin them bitches around gets boring.

Blasphemy!

[Rider]

http://vids.myspace.com/index.cfm?fuseaction=vids.individual&VideoID=16643693

[Mr Lefty]

I just need to figure out what it is i want to do. I have zero desire to sit in a cubicle farm anymore.

well hopefully your wife will understand and you two can reach a middle ground... I can understand being in a job you despise... when there are several opportunity around that you'd jump at the chance for... but can't.

good luck bro...

[buzzcutt2]

There's always Pimpin. :idk:

Pimpin ain't easy.

[fatburg]

I read the words. I read them again.

Then I picture you, with your adorably sweet face and soft spoken voice.

DOESNT FIT!! :rofl:

Megatr0n taught me everything i know about pimpin

http://i87.photobucket.com/albums/k156/fatburg/IMG_3634.jpg

[speedylocksmith]

Pimpin ain't easy.http://www.youtube.com/watch?v=plUy7Me_fZQ

[Homeslice]

Worst. Song. Evar.

[Particle Man]

CEO bonuses and senior management salaries FTL