Re: The Official Layoff Thread!!!

[quote=Miroslav;704315]...and it's here! Last day is March 31st, my ass is out the door!!

I SO totally called it. Do I win anything for that?

oh...a one-way ticket to the unemployment line, I guess. :lol:

woohoo![/quote]

Sucks and totally feel your pain as my last day is 2/20. Do what I did and work on your resume and network your last days. So far it's been better than being let go right away.

Re: The Official Layoff Thread!!!

sorry to hear mate, hope you land on your feet ASAP! :) try to enjoy the weekend

Re: The Official Layoff Thread!!!

Thanks, guys. I can't say I'm surprised to find myself in this position. I've seen the likelihood of this coming and I've been saving like mad for the past few months... Resume and cover letter are up and running, and I've been posting for jobs for a few weeks now. I'm realistic about the fact that it could take me a long time in this economy to find something like I just lost, but goddamit...I will, even if it takes me years to do it. And fortunately it's just me on my own, and can will tough it out and work whatever menial jobs to make ends meet if I have to.

One way or another...I'm getting through this shit storm in one piece.

Re: The Official Layoff Thread!!!

yeah, i would think when you only have yourself to look out for, as do i, it would be some what less stressful

what about that guy in Los Angeles that he and his wife lost their jobs so he killed himself, his wife and 5 children?! I cant even imagine :(

Re: The Official Layoff Thread!!!

[quote=Miroslav;704319]Thanks, guys. I can't say I'm surprised to find myself in this position. I've seen the likelihood of this coming and I've been saving like mad for the past few months... Resume and cover letter are up and running, and I've been posting for jobs for a few weeks now. I'm realistic about the fact that it could take me a long time in this economy to find something like I just lost, but goddamit...I will, even if it takes me years to do it. And fortunately it's just me on my own, and can will tough it out and work whatever menial jobs to make ends meet if I have to.

One way or another...I'm getting through this shit storm in one piece.[/quote]

what type of jobs you lookin for?

Re: The Official Layoff Thread!!!

Awe that really sucks Miroslav....I really hope you bounce back quickly.....at least you were given a decent amount of notice so you have a bit of time to look for a new job

Re: The Official Layoff Thread!!!

well, im fucking glad i have been interviewing like crazy, cuz my firm is preparing layoffs, and i just got a call from a friend today that one of my interviewed firms called him for references....

Re: The Official Layoff Thread!!!

Sorry about the news Miroslav ... hope something turns up soon mate.

Re: The Official Layoff Thread!!!

Yeah I finished today for 4 months. Loads of people I work with took voluntary redundancy. Its been a real strange day, I was interviewed by the press after work, when I got home I was an the national ITV news.

Re: The Official Layoff Thread!!!

man this is getting bad. i have been with my firm for 10 years...they have already laid off many people and i was lucky to stay....but i just got this email from corporate....

we are projecting a $973,600 loss before taxes for 2009, a 36% greater loss than suffered in 2008! We simply cannot operate with such a planned loss. It would likely require us to acquire outside capital, and at this time banks are unwilling to lend for any purpose, least of all to help a company cover anticipated losses.

This week the executive committee adopted a number of projected corporate-wide retrenchment actions that will eliminate this projected loss, but with significant pain for all of us. These actions will become effective February 1.

Re: The Official Layoff Thread!!!

To all of you who responded - thank you for your thoughts and wishes, very much appreciated. I'll pull through this one way or another. And I very much hope that your jobs stay safe and stable. And to all of you who are in my shoes: I feel your pain...stay focused...we'll make it to better times.

[quote=day_for_night;704337]what type of jobs you lookin for?[/quote] I'm a financial analyst. I have a BA in Economics and an MBA with an emphasis in Corporate Finance. Got my MBA from the Fisher College of Business (Ohio State University) in 2008. Never had lower than a 3.7 GPA in any of my studies. I have 5+ years of experience doing various controllership, planning, forecasting, accounting, and SAP implementation activities in the pharmaceutical, retail restaurant, and aviation aircraft industries (vast majority in pharma) - business plans, forecasts, balanced scorecards, month-end close activities, budgets, SAP testing, etc.

I was just recently in a 2-year financial leadership development rotation program for post-MBAs that had me doing stints in different parts of my company: 2 business units, investor relations, corporate treasury. Got cut on the first rotation after watching half my classmates get cut a few months ago.

I should be Six Sigma Green Belt certified by the time I leave here, and I plan on starting another financial certification as soon as I am able (put it on hold when I saw how shaky my job was). If you need a resume, just let me know ;)

Re: The Official Layoff Thread!!!

impressive...i do various bits and pieces of that myself right now (though i have more of a commercial development/ BD focus).

my company has a hiring freeze on right now, but have you ever thought about oil and gas in general? may be one of the few sectors that would be hiring right now in that line of work (think exxon, or one of the other supermajors). look towards houston!

Re: The Official Layoff Thread!!!

i want to get into the six sigma feild of things...

dont need it though as im more accounting/audit end of finance and not quality control / planning.

Re: The Official Layoff Thread!!!

oh and miro, have a look for job postings on your local CFA society page. the one here gets several good postings a week, even in this market...

[URL]http://www.calgarycfasociety.com/jobline/default.aspx[/URL]

Re: The Official Layoff Thread!!!

[quote=chunky;704374]Yeah I finished today for 4 months. Loads of people I work with took voluntary redundancy. Its been a real strange day, I was interviewed by the press after work, when I got home I was an the national ITV news.[/quote]

What company did you work for that got national news attention?

Re: The Official Layoff Thread!!!

[quote=day_for_night;704410]oh and miro, have a look for job postings on your local CFA society page. the one here gets several good postings a week, even in this market...

[URL]http://www.calgarycfasociety.com/jobline/default.aspx[/URL][/quote] Thanks, dude. I'll take a look - however, I'm not a CFA, so I'm imagining that may close some of those doors for me... I was actually just very recently preparing to sign up for the Level 1 exam in June... but I stopped when I realized that my job was really on the rocks; didn't want to shell out $1K of fees right now and commit myself to a tough study schedule when I'm probably relocating and doing a full court press job search.

[quote=thesightless;704408]i want to get into the six sigma feild of things...

dont need it though as im more accounting/audit end of finance and not quality control / planning.[/quote] You're a CPA though, right? That is a hell of a good financial cred to have, particularly in these kinds of times... You should be fine. ;)

Re: The Official Layoff Thread!!!

^ | may of the postings will say CFA or MBA (or some other designation)...

Re: The Official Layoff Thread!!!

[QUOTE=Miroslav;704315]...and it's here! Last day is March 31st, my ass is out the door!!

I SO totally called it. Do I win anything for that?

oh...a one-way ticket to the unemployment line, I guess. :lol:

woohoo![/QUOTE]:(

[QUOTE]I'm a financial analyst. I have a BA in Economics and an MBA with an emphasis in Corporate Finance. Got my MBA from the Fisher College of Business (Ohio State University) in 2008. Never had lower than a 3.7 GPA in any of my studies. I have 5+ years of experience doing various controllership, planning, forecasting, accounting, and SAP implementation activities in the pharmaceutical, retail restaurant, and aviation aircraft industries (vast majority in pharma) - business plans, forecasts, balanced scorecards, month-end close activities, budgets, SAP testing, etc.

I was just recently in a 2-year financial leadership development rotation program for post-MBAs that had me doing stints in different parts of my company: 2 business units, investor relations, corporate treasury. Got cut on the first rotation after watching half my classmates get cut a few months ago.

I should be Six Sigma Green Belt certified by the time I leave here, and I plan on starting another financial certification as soon as I am able (put it on hold when I saw how shaky my job was). If you need a resume, just let me know[/QUOTE] It's scary when people with this sort of resume lose their jobs.

You have great attitude there!! Could be your best asset at the moment. :)

Re: The Official Layoff Thread!!!

[quote=Miroslav;704392]To all of you who responded - thank you for your thoughts and wishes, very much appreciated. I'll pull through this one way or another. And I very much hope that your jobs stay safe and stable. And to all of you who are in my shoes: I feel your pain...stay focused...we'll make it to better times.

I'm a financial analyst. I have a BA in Economics and an MBA with an emphasis in Corporate Finance. Got my MBA from the Fisher College of Business (Ohio State University) in 2008. Never had lower than a 3.7 GPA in any of my studies. I have 5+ years of experience doing various controllership, planning, forecasting, accounting, and SAP implementation activities in the pharmaceutical, retail restaurant, and aviation aircraft industries (vast majority in pharma) - business plans, forecasts, balanced scorecards, month-end close activities, budgets, SAP testing, etc.

I was just recently in a 2-year financial leadership development rotation program for post-MBAs that had me doing stints in different parts of my company: 2 business units, investor relations, corporate treasury. Got cut on the first rotation after watching half my classmates get cut a few months ago.

I should be Six Sigma Green Belt certified by the time I leave here, and I plan on starting another financial certification as soon as I am able (put it on hold when I saw how shaky my job was). If you need a resume, just let me know ;)[/quote]

I'm a consultant for CSC. We have an SAP practice. Gear your resume toward your SAP experience and check out the site for jobs [URL="http://www.csc.com"]www.csc.com[/URL]. That practice is still doing pretty well as far as I know. Might be worth checking out. They have a local office in Cincinnati. Someone who just rolled off the project I'm on, lived in Cleveland. As a consultant, you will have to travel though. I've been lucky enough to be on a local project, but that it is ending soon. PM me if you end up getting a job there.

Doing a quick search turned up quite a few jobs across the country. If your looking for a job, try CSC.

Re: The Official Layoff Thread!!!

[quote=godisadj;704497]I'm a consultant for CSC. We have an SAP practice. Gear your resume toward your SAP experience and check out the site for jobs [URL="http://www.csc.com"]www.csc.com[/URL]. That practice is still doing pretty well as far as I know. Might be worth checking out. They have a local office in Cincinnati. Someone who just rolled off the project I'm on, lived in Cleveland. As a consultant, you will have to travel though. I've been lucky enough to be on a local project, but that it is ending soon. PM me if you end up getting a job there.

Doing a quick search turned up quite a few jobs across the country. If your looking for a job, try CSC.[/quote] Thank you! I would be willing to go the consulting route... And I have a US and a EU citizenship, so I would even go abroad if I had to. My biggest thing is... I have a serious girlfriend in the SF Bay area, and so I'm trying for there right now. But everything is on the table, and she might relocate from there, too...

So much to figure out in the next 2 months!

But again...thank you for passing this along. When I figure things out and if I move on it, I'll let you know ;)

Re: The Official Layoff Thread!!!

[quote=superdave;704418]What company did you work for that got national news attention?[/quote]

Honda UK Manufacturing

[URL]http://uk.youtube.com/watch?v=9cOBww0XJfk[/URL]

Re: The Official Layoff Thread!!!

So I'm in the office today (still here until March 31st)...working on factoring in all of the recent layoffs and transfers into the headcount and salaries/wages forecast. And the neat thing is: since I also handle the Finance divison, I get to forecast my OWN layoff! And then report it to the VP Controller this afternoon! :lol:

I just thought that was special.

Happy Friday, everyone!

Re: The Official Layoff Thread!!!

Well, ive been jobless for 2 months now, but the TV just gave me great news, looks like the mexican goverment is setting up new rules and regulations for their incoming imports, so it looks like i should be working this next monday. Yay! (damn, i never tough i would be this happy to go to work.)

Re: The Official Layoff Thread!!!

[quote=Miroslav;709616] And the neat thing is: since I also handle the Finance divison, I get to forecast my OWN layoff! And then report it to the VP Controller this afternoon! :lol: [/quote]

Does that mean you are potentially getting laid off or you are def. geting laid off?

My office did its round of lay-offs back in November. They are now lookng as possibly merging with another firm, so my job is secure for the time being. TG!

Re: The Official Layoff Thread!!!

[quote=jarble187;709637]Does that mean you are potentially getting laid off or you are def. geting laid off?

My office did its round of lay-offs back in November. They are now lookng as possibly merging with another firm, so my job is secure for the time being. TG![/quote] I got the chop a few weeks back. I'll be out on April 6th, to be exact. Looks like I'll be relocating to the San Francisco Bay area...looking for jobs right now.

Re: The Official Layoff Thread!!!

Just now venturing into this thread, and it bums me out to read it, so I can only imagine what it must be like for those of you going through it. Best of luck to all of you finding something else.

Re: The Official Layoff Thread!!!

just found out a friend got canned from his drink distribution company as they consolidated.

Luckily he's keeping busy on the side with events and parties which are doing quite well for him as is...still kinda sucks as he was there for about a year.

Re: The Official Layoff Thread!!!

Just found out today that all of our company's employees have to take a 10% pay cut. Yea!

I'm am in fucking trouble.

Re: The Official Layoff Thread!!!

[quote=clintlove;717155]Just found out today that all of our company's employees have to take a 10% pay cut. Yea!

I'm am in fucking trouble.[/quote]

Yeah we have been laid off for 4 months, taken a 17% pay cut and the company is now meeting with the Union to negotiate another pay cut.

Re: The Official Layoff Thread!!!

i start with my new firm on friday. i cant wait.

Re: The Official Layoff Thread!!!

[quote=clintlove;717155]Just found out today that all of our company's employees have to take a 10% pay cut. Yea!

I'm am in fucking trouble.[/quote]

Sux to hear that man, I knew you said you were worried the other day. You know my situation, I'm in town till the end of the month then moving in with Moms over outside of Laffayette. They just cut my yearly income by 7500....just can't stay in Nola anymore w/ that kind of cut :(

Re: The Official Layoff Thread!!!

[quote=clintlove;717155]Just found out today that all of our company's employees have to take a 10% pay cut. Yea!

I'm am in fucking trouble.[/quote] Sorry to hear that, but be glad you're not taking a 100% pay cut, like a bunch of us are these days.

[quote=thesightless;717164]i start with my new firm on friday. i cant wait.[/quote] Congrats on landing on your feet... I sure wish I had a CPA these days from a security standpoint.

Re: The Official Layoff Thread!!!

God it makes me angry reading this!! The average working guy is being forced onto unliveable wages,or losing his job, and the Ceos are still flitting around the country in their private jets. !!

Re: The Official Layoff Thread!!!

[quote=DIDI;717237]God it makes me angry reading this!! The average working guy is being forced onto unliveable wages,or losing his job, and the Ceos are still flitting around the country in their private jets. !![/quote]

Few companies have private jets anymore, most use timeshares if they do. I do know that Tiesto owns his own private Gulf Stream. :shock:

Re: The Official Layoff Thread!!!

[quote=Mariner1;717248]Few companies have private jets anymore, most use timeshares if they do. I do know that Tiesto owns his own private Gulf Stream. :shock:[/quote] The may use leases, but quite a few large companies still got a better cost benefit of just buying their planes - most variable costs still fall on the user, anyways. I know, because I worked for one of those companies that made those private jets, and we're all getting laid off now.

Re: The Official Layoff Thread!!!

man...corporstions can suck dick I have a timeshare for the whole world...I may come and visit the us soon..prob gonna go to florida again honestly sorry jib is not around anymore!!! He was a really cool guy :(....might meet some of u guys there by accident ,,,,.might be good times ...some of u guys seem like interesting fellows....

Re: The Official Layoff Thread!!!

Our union representatives have been called to a meeting today. The company wants to cut our salary's (We have already taken a 20% cut) even more. They want to reduce shift premiums which will only come into effect when we go back on to shift, which will be when the company is performing well. and they want us to go on a Job share which would maybe mean working a 4 day week loosing even more of our salary's. Last week it emerged that they are now financing the Formula 1 Team that they sold to Ross Brawn.

Something is seriously wrong the company is clearly taking advantage of the current situation. If a company can't run without exploiting its work force it shouldn't be running at all. What are they going to suggest next? "Rounding up some homeless dudes and getting them to work for free". It feels like we are being forced into Economic Slavery:evil::evil:

Re: The Official Layoff Thread!!!

I've just made it through the layoffs @ my company. Over 300 went while the administrators came in and sold us. Luckily I survived it though. I reckon that I could pick up a contract somewhere without too much trouble, but I don't fancy trying the theory out though - Especially with a wife & three kids to support and no savings to speak off.

The good news is that the mortgage is down from £500 to £130 because I didn't take out a new fixed rate deal when the old one finished last year. That was a nice piece of free advice from my Financial Advisor.

Re: The Official Layoff Thread!!!

So here's how you know the economy is bad:

One of the main recruiters I've been working with to find a job since I've been laid off...just got laid off. :shock::lol:

In another promising omen, I just noticed this thread currently has 1,666 views. :)

Re: The Official Layoff Thread!!!

[quote=Miroslav;721812]So here's how you know the economy is bad:

One of the main recruiters I've been working with to find a job since I've been laid off...just got laid off. :shock::lol:

In another promising omen, I just noticed this thread currently has 1,666 views. :)[/quote]

Which recruiting company did that recruiter work for? I work for a staffing company that just went through some recent cutbacks. Lucky for me I survived the first round.