DANG ECONOMY!!! - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Angrybird 12 · 03-09-2009, 10:06 AM

Well it was just announced today my company is giving everyone a 5% pay cut across the board. They also announced a Layoff of 200 to 300 non operations people.
This would include anyone in Engineering which I am part of. The Layoffs will occur sometime in the next 4 to 6 weeks. the Paycuts start March 30th.

Since my wife has not been working because of health reasons, and now I am getting a paycut and possible layoff I have to start considering canceling my Camaro order.

diddiyo · 03-09-2009, 10:21 AM

I hear ya man, times are really tough right now :( Hang in there.

dbotsfordtat · 03-09-2009, 10:23 AM

That sucks, I hope you can avoid the layoff. Wish you the best.

tylermoore · 03-09-2009, 10:25 AM

best of wishes man hang in there

Scott@Bjorn3D · 03-09-2009, 10:37 AM

I pray that you do not get layed off. I know my work is talking about closing up altogther so I know how you feel.

Kray · 03-09-2009, 10:47 AM

Just one week after I ordered my Camaro our office was hit with a 10% wage roll back

Angrybird 12 · 03-09-2009, 10:51 AM

This is what I call the Snowball effect...
Companies lay people off or have pay cutbacks because they are not selling enough product. Well that causes the consumer to cut back buying more products, which causes more cutbacks and layoffs by companies.. and so on and so forth.. where will it end? like a SNOWBALL rolling down hill, the problem gets bigger and bigger..

I said layoff but they say now it is a Worforce reduction, which means no chance of getting called back. they will just hire someone new at a lower wage if things pick back up...

32 years I have been here and this is the worst I have ever seen it.. Since December things have gotten sooo bad....

Angrybird 12 · 03-09-2009, 11:28 AM

Just in... Just got a meeting notice with our department head at 2:30 this afternoon..., hopefully he will tell us if our jobs are ones being considered for the cutbacks...I will then know if i need to call and cancel my Camaro or not....

bigralph · 03-09-2009, 11:43 AM

I know man it sucks, but just hang in there.

Kray · 03-09-2009, 11:43 AM

I feel your pain. I work in Alberta in the Oil & Gas industry (as a supplier) and times are tough here as well, O & G compaines are cutting spending which means cuts to all. We have issued temp layoffs to half our field staff and almost a third of our office, we are hoping that it is a temporary thing but if the price of oil stays where it is things will get worse before they get better.

It's not that I haven't been paying attention to what has been going on with the economy it's that I have been very hopefull of a turn around, as I am sure most are.

I have been putting aside money for my Camaro but that money might be needed elsewhere soon. I'm not sure if the deposits that I put on my car are refundable or I am going to have to kiss $5000 good bye? Guess I will have to call my dealer to find out for sure just in case.

Mac1 · 03-09-2009, 12:00 PM

Quote:

Originally Posted by Skyman 08

Just in... Just got a meeting notice with our department head at 2:30 this afternoon..., hopefully he will tell us if our jobs are ones being considered for the cutbacks...I will then know if i need to call and cancel my Camaro or not....

Hoping for the best for you. After 32 years at the same job it is very disheartening to you you I am sure to have things put in jeopardy like this. Best of luck to you this afternoon.

Kray · 03-09-2009, 12:04 PM

Quote:

Originally Posted by Skyman 08

Just in... Just got a meeting notice with our department head at 2:30 this afternoon..., hopefully he will tell us if our jobs are ones being considered for the cutbacks...I will then know if i need to call and cancel my Camaro or not....

I'm hoping to hear that things will be okay for you. My fingers are crossed for you!

Angrybird 12 · 03-09-2009, 01:07 PM

Just talked to a guy that is in my department that his group already met with the department head... Our department will be effected, probably around 6 people out of 120...
Anybody need a electrical engineering technician?

Mr Twisty · 03-09-2009, 01:13 PM

32 years seniority should be safe...Shouldn't it?

03-09-2009, 10:06 AM	#1
Angrybird 12 7 year Cancer Survivor! Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007 Location: East Tennessee Posts: 21,547	DANG ECONOMY!!! Well it was just announced today my company is giving everyone a 5% pay cut across the board. They also announced a Layoff of 200 to 300 non operations people. This would include anyone in Engineering which I am part of. The Layoffs will occur sometime in the next 4 to 6 weeks. the Paycuts start March 30th. Since my wife has not been working because of health reasons, and now I am getting a paycut and possible layoff I have to start considering canceling my Camaro order. __________________ Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE... The Bird is the word!

03-09-2009, 10:25 AM	#4
tylermoore Drives: 2010 Camaro 1ss/LS3 Victory Red Join Date: Feb 2009 Location: kinston, NC Posts: 251	best of wishes man hang in there __________________ 2010 Camaro SS/LS3 1998 Camaro Z28 A4

03-09-2009, 10:51 AM	#7
Angrybird 12 7 year Cancer Survivor! Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007 Location: East Tennessee Posts: 21,547	This is what I call the Snowball effect... Companies lay people off or have pay cutbacks because they are not selling enough product. Well that causes the consumer to cut back buying more products, which causes more cutbacks and layoffs by companies.. and so on and so forth.. where will it end? like a SNOWBALL rolling down hill, the problem gets bigger and bigger.. I said layoff but they say now it is a Worforce reduction, which means no chance of getting called back. they will just hire someone new at a lower wage if things pick back up... 32 years I have been here and this is the worst I have ever seen it.. Since December things have gotten sooo bad.... __________________ Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE... The Bird is the word!

03-09-2009, 11:28 AM	#8
Angrybird 12 7 year Cancer Survivor! Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007 Location: East Tennessee Posts: 21,547	Just in... Just got a meeting notice with our department head at 2:30 this afternoon..., hopefully he will tell us if our jobs are ones being considered for the cutbacks...I will then know if i need to call and cancel my Camaro or not.... __________________ Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE... The Bird is the word!

03-09-2009, 01:07 PM	#13
Angrybird 12 7 year Cancer Survivor! Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007 Location: East Tennessee Posts: 21,547	Just talked to a guy that is in my department that his group already met with the department head... Our department will be effected, probably around 6 people out of 120... Anybody need a electrical engineering technician? __________________ Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE... The Bird is the word!

03-09-2009, 10:21 AM	#2
diddiyo Drives: . Join Date: May 2008 Location: . Posts: 3,053	I hear ya man, times are really tough right now :( Hang in there.

03-09-2009, 10:23 AM	#3
dbotsfordtat Drives: 2016 Camaro Join Date: Nov 2008 Location: Iowa Posts: 502	That sucks, I hope you can avoid the layoff. Wish you the best.

03-09-2009, 10:37 AM	#5
Scott@Bjorn3D Drives: Kami, 2013 2SS LS3 Luvin Join Date: Oct 2008 Location: Eufaula, Alabama Posts: 6,427	I pray that you do not get layed off. I know my work is talking about closing up altogther so I know how you feel.

03-09-2009, 10:47 AM	#6
Kray 2G1FJ1EJ9A9110138 Drives: 2010 Camaro Join Date: Jan 2009 Location: Calgary, Alberta Posts: 245	Just one week after I ordered my Camaro our office was hit with a 10% wage roll back

03-09-2009, 11:43 AM	#9
bigralph Drives: 2001 v6 Camaro Join Date: Dec 2007 Location: Northborough, MA Posts: 268	I know man it sucks, but just hang in there.

03-09-2009, 01:13 PM	#14
Mr Twisty Drives: the 2nd amendment home Join Date: May 2008 Location: OK Posts: 14,707	32 years seniority should be safe...Shouldn't it? __________________ "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." -- Benjamin Franklin

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