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Oh No, Times must be tight
Singapura:
I've worked in financial restructuring and recovery for a few years and the thing I noticed is that financial problems almost always put a huge strain on personal relationships. I haven't kept score but I would say in the majority of cases where the bank had to foreclose, the marriage ended before the case was closed. I have nothing to complain about income wise (just got a new job with a 30% raise) but my wife is worried just as much. I know it would me a lot easier to be single again but where's the fun in that? ::)
danny_galaga:
cant get much more 'recession proof' than being a mailman :) there will be less overtime, but thats the extent of it. would have to be very grim days indeed when they start laying off posties. australia isnt technically in a recession yet, but once the next quarters figures come through we will be. we supply a very large part of the worlds iron and coal.
actually, i was just put on a run today i hadnt done for a few months. lots of businesses. or were, i couldnt believe how many had shut up shop since last i was there. good for me- less mail to carry. but its pretty sad seeing so many vacant shops :(
HaRuMaN:
--- Quote from: danny_galaga on January 13, 2009, 01:56:06 am ---good for me- less mail to carry
--- End quote ---
or not so good for you...
less mail can be handled by fewer employees...
Level42:
I barely dare to write this but my boss announced that 2009 will be an even better year than 2008 already for us. We are "booked full" until august 2009.
I work in fire alarms. When the installers are ready, I go to a project, check if everything is installed properly and according to the Dutch regulations, program the system and test everything. Then write reports for certification etc.
Projects that we're doing now have been decided on mostly 2/3 years ago. So, if there will be an impact (and I'm sure there will) it will take a while. However apart from that I also do maintenance and service (fault finding). We as a company could run alone on the maintenance. We gained so many new customers over the last 3 years that we can survive on just that if needed.
Apart from that, there might even be a positive side to this recession for us: We are a small company in this business here (about 35 people). We can deliver at lower cost than the "big guys". In good times, when money it not so tight, it's harder to compete with the big guys, but now it could well be that we win more projects because of being cheaper.
Anyway, I personally have not yet had an impact on my income. My wife works at the government so that's little to worry about either.
I've been layed off twice before (one time company bust, second time .com bubble burst) and I've always quickly had a new job. All in all I'm not too worried, but you never know what happens in life. I'm not getting younger either.....we'll see how it rolls.
shardian:
--- Quote from: Level42 on January 13, 2009, 09:55:48 am ---I barely dare to write this but my boss announced that 2009 will be an even better year than 2008 already for us. We are "booked full" until august 2009.
--- End quote ---
Kind of the same situation at my business. We are expected to take a slight hit, but we've been operating over maximum capacity since I've been here. A cut-back still leaves us running full tilt with unlimited overtime if I want it.
The downside to me is that I wanted to be looking at getting a new job this year. I don't make near as much as I want/should be making as an ME. With the way the manufacturing field is doing now, I am thinking I'm better off weathering the storm here for another year.
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