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Memo to employees regarding layoffs

Posted on 3/17/20 at 4:33 pm
Posted by big_tuna
Member since Jun 2019
600 posts
Posted on 3/17/20 at 4:33 pm
I saw the post about Tillman Fertitia's message to his employees regarding the shutdown of a few of his businesses because of the kung flu.

Have any of you received messages from your boss or sent messages to your employees pertaining to the same issue? I'm curious to see what others are telling their employees.
This post was edited on 3/17/20 at 4:59 pm
Posted by Tiger Ryno
#WoF
Member since Feb 2007
108745 posts
Posted on 3/17/20 at 4:34 pm to
Service and travel industries will have massive layoffs and furlough salary based employees. Small businesses will go bankrupt in many cases.
Posted by thotpocket
Dana Point, CA
Member since Sep 2017
2600 posts
Posted on 3/17/20 at 4:36 pm to
Mine said bring that arse to work or else suffer the consequences


This post was edited on 3/17/20 at 4:37 pm
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78697 posts
Posted on 3/17/20 at 4:37 pm to
You’d think the SBA has plans in place to assist small businesses
Posted by big_tuna
Member since Jun 2019
600 posts
Posted on 3/17/20 at 4:38 pm to
yes, this is not going to be good for many people. It makes me sick to my stomach thinking about it.
Posted by msutiger
Houston
Member since Jul 2008
71995 posts
Posted on 3/17/20 at 4:41 pm to
(no message)
This post was edited on 4/15/23 at 7:04 am
Posted by big_tuna
Member since Jun 2019
600 posts
Posted on 3/17/20 at 4:48 pm to
thanks, have you experienced any slow down?
Posted by Tiger Prawn
Member since Dec 2016
26340 posts
Posted on 3/17/20 at 4:48 pm to
quote:

You’d think the SBA has plans in place to assist small businesses
Well the SBA loans are nice, but its now another monthly expense that small businesses will have to repay. Some will absorb the cost of repaying that loan better than others.

But the other problem is that once everything is allowed to reopen, a lot of businesses aren't going to be as busy as they were before the shutdown. Lots of people are going to be penny pinching to replenish their savings and payoff debts accrued while they were out of work for a month or more with this. So it may be quite a while before consumer spending gets back to where it was before the kung flu
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