Gothamist: Downturn Means Layoffs All Around

Future Taliban

Fri, 31 Oct 2008 03:46:11 -0500

Poor guys now that the RE & stock embezzlement is finally over I guess you'll all have to go back to your previous jobs: namely dick sucking.

matty

Thu, 30 Oct 2008 15:06:43 -0500

"will bundle mortgage derivitives for food"

Shinobi Shaw

Thu, 30 Oct 2008 14:46:45 -0500

My question is, what the hell will all the yuppies do? This economy is going to get worse, and there is nothing worse then a starving yuppie!

matty

Thu, 30 Oct 2008 14:05:18 -0500

Who needs jobs when you have pizza?

Trilby16

Thu, 30 Oct 2008 13:37:19 -0500

#14- Pizza, yes, but what about jobs?

EastRiver

Thu, 30 Oct 2008 13:04:39 -0500

#10- barclays save lehman, So far most have been retained bu are on probation status. Didn't really answer my question. I wasn't implying everyone at Lehman was fired. I was using that at as a reference point to when the meltdown started to accelerate.

matty

Thu, 30 Oct 2008 12:54:51 -0500

Chicago welcomes you with open arms and deep dish pizza.

babyhitler

Thu, 30 Oct 2008 12:43:57 -0500

#10- barclays save lehman, So far most have been retained bu are on probation status.

JacqueMehoff

Thu, 30 Oct 2008 12:02:58 -0500

found out a friend was getting laid off till the last moment his old boss saved his job. it's all about connections. he's been with the co. for 3 months and a kid who's been with them for 6 yrs was let go. I can't even afford to get drunk anymore, I'm taking the painkillers I've hoarded instead.

rhonda718

Thu, 30 Oct 2008 11:59:46 -0500

Hugo Mego to blame this on Barack Obama... in three... two... one...

EastRiver

Thu, 30 Oct 2008 11:57:42 -0500

At least through the Lehman fiasco I had heard anecdotally that companies were laying people off one at a time i.e. not yet a repeat of 2001-2002 when they would bring 50 people into a conference room and everyone was fired at once. Is the pace picking up because I don't know a single person that has been laid off.

kcin122

Thu, 30 Oct 2008 11:52:26 -0500

i worked at a record label. ha

snessnyc

Thu, 30 Oct 2008 11:51:53 -0500

The 200-person non-profit I work for just had a major contract with the State cancelled. We had to fire 5 full-time staff and several part-time, and reallocate other staff to vacant positions. I am the Executive Assistant, and my position is being eliminated which will make raising more money that much more difficult. Luckily I will be able to move into a vacant position, but with a $10,000 pay cut. And this is only the beginning of the State cuts. About half of our funding is at stake - we provide drug treatment, prison reentry, family reunification, legal advocacy and many other services. Without the sort of help that we provide, many of our clients will end up costing the State even more money down the road in increased prison costs, increased social services payouts, a higher crime rate and other ills.

ab_bklyn

Thu, 30 Oct 2008 11:41:09 -0500

My husband and a friend got laid off last week on the same day. Then I found out that another friend is laid off as of tomorrow. Two are in finance, one is in retail. It's going to hit hard...

kcin122

Thu, 30 Oct 2008 11:25:19 -0500

thank you for your sympathy nannystate. I'll be fine though. I wasnt making much money and my rent is low enough that I could make 10 bucks an hour and get by. Just with more ham sandwiches tho.

NannyState

Thu, 30 Oct 2008 11:19:27 -0500

Best wishes to you, #1. If this recession gets really bad, we're going to be saying goodbye to a lot of friends here. NYC is a very tough town to be out of work in.

Ronkonkoma Ondinnonk

Thu, 30 Oct 2008 10:56:13 -0500

Time to look more attentive and spend less time on guilty pleasures like Gothamist. Alright. Back to work. For now.

r1b2

Thu, 30 Oct 2008 10:34:33 -0500

More layoffs announced every day. Most of the big banks will be announcing 10+% in the next few weeks as they close budgets for the year.

r1b2

Thu, 30 Oct 2008 10:34:08 -0500

More layoffs announced evry day. Most of the big banks will be announcing 10+% in the next few weeks as they close budgets for the year.

kcin122

Thu, 30 Oct 2008 10:31:15 -0500

I got fired yesterday. good thing I didnt make much money and Ive got cheapish rent.