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re: I'm on the verge of filing bankruptcy.....
Posted on 2/11/24 at 6:41 pm to Lsupimp
Posted on 2/11/24 at 6:41 pm to Lsupimp
quote:
I cut someone way back on hours last week. Tears bro. Guys like him will never know.
I laid off 4 direct employees (my business is mostly subs and I lost a lot of them too) over the past few years.
When CV hit I went from billing over $3.6 million the year before to a little less than half that in short time and we still aren't back to our original numbers so I have not hired back.
Taking away someone's livelihood is never easy and my prices are set by industry-accepted cost estimators and literally Congress so I can't just "raise prices" to keep people on staff. I also can't take bigger margins and screw my subs or they walk.
This post was edited on 2/11/24 at 6:46 pm
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