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Posted on 4/7/20 at 10:26 am to Ag Zwin
Husband’s company (construction adjacent) is still operating much the same as before. Only no one is traveling or working in office. My company (non essential retail) closed two weeks ago and last week furloughed everyone.
This post was edited on 4/7/20 at 10:27 am
Posted on 4/7/20 at 10:44 am to Ag Zwin
We haven't laid anyone off and probably won't unless people run out of money. We make paper for cardboard boxes, our warehouse is almost empty and we are making paper at max capacity.
Posted on 4/7/20 at 10:49 am to offshoretrash
quote:
We haven't laid anyone off and probably won't unless people run out of money. We make paper for cardboard boxes, our warehouse is almost empty and we are making paper at max capacity.
Any chance you are in The Great Lakes area?
Posted on 4/7/20 at 10:53 am to Ag Zwin
Big 4 firm has not laid anyone off. We were told it’s the absolute last resort and that there are a number of things they would do before laying anyone off.
I think the strategy is to hold out as long as possible and when the economy returns move our labor to other areas if need be. My specific area should have work this year since it’s credits. Next year though could be lean so might have to shift focus.
I assume the other big 4 are taking similar steps vs lay offs
I think the strategy is to hold out as long as possible and when the economy returns move our labor to other areas if need be. My specific area should have work this year since it’s credits. Next year though could be lean so might have to shift focus.
I assume the other big 4 are taking similar steps vs lay offs
Posted on 4/7/20 at 11:17 am to Ag Zwin
Have a company that provides subsea and topside valves for Deepwater O&G. I haven’t laid anyone off at our company and have no plans to do so. We run pretty lean already and as a result when we have orders to build out products, test, and ship... everyone pitches in and stays a bit late or comes in early or on a weekend if needed. Me included.
If you want that kind of loyalty you have to return it.
If you want that kind of loyalty you have to return it.
Posted on 4/7/20 at 11:27 am to Tridentds
No downsizing here. Electric utility
Posted on 4/7/20 at 11:29 am to Ag Zwin
No one at my job or my wife's job has been laid off. Almost everybody already worked remote at mine and hers is considered essential so they have to work
Posted on 4/7/20 at 11:29 am to Ag Zwin
we are still at full capacity, and will probably pick up more work from competitors that are located in urban areas
Posted on 4/7/20 at 11:31 am to Ag Zwin
Employ about 100 statewide. Not one departure. Not one decrease in pay. We project that this would have to go on for about 3-4 months before we would run into problems, and even then, we would cut disbursements at the top before we let someone go unemployed.
Posted on 4/7/20 at 11:46 am to DevilDagNS
The partners took big cuts to help stave off the need for layoffs. It’s a great move to do that to protect your workers
Posted on 4/7/20 at 11:48 am to Ag Zwin
I'm good through at least the end of April. Any longer and I'll have to start worrying.
Posted on 4/7/20 at 11:49 am to Ag Zwin
No one laid off. I interviewed for a major promotion the first week of quarantine and I start next week.
Posted on 4/7/20 at 11:53 am to Ag Zwin
Fully staffed here and if anyone here has to use the 80 hours the govt. will pay for any Covid-19 illnesses our company is paying you the full 100% of your salary. Trying to keep people working and take care of our own
Posted on 4/7/20 at 12:13 pm to Ag Zwin
33k employee company I work for has not laid anyone off yet.
Factories are closed globally through mid May and hourly employees will be paid 75% of their normal earnings despite sitting at home.
Some areas in Europe are being forced to take vacation time if they have more than 2 weeks accrued.
Senior executive committee in its entirety is taking an 80% reduction in salary for all of Q2.
That's it so far.
Factories are closed globally through mid May and hourly employees will be paid 75% of their normal earnings despite sitting at home.
Some areas in Europe are being forced to take vacation time if they have more than 2 weeks accrued.
Senior executive committee in its entirety is taking an 80% reduction in salary for all of Q2.
That's it so far.
Posted on 4/7/20 at 12:16 pm to Ag Zwin
In.
We cut hours for a couple of weeks, but things have rebounded bigly.
We cut hours for a couple of weeks, but things have rebounded bigly.
Posted on 4/7/20 at 12:18 pm to TigerFanatic99
In but we are down to a skeleton crew. Hoping things pick up quick.
Posted on 4/7/20 at 12:21 pm to Ag Zwin
My 11 people still make the same pay and work 15hrs a week less. 
Posted on 4/7/20 at 12:21 pm to 50_Tiger
quote:
Here.
We actually need more people to complete these projects.
Same. Although I have some buddies in the same industry who weren’t so lucky.
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