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The Water Cooler
General Discussion
Has your company had layoffs in the last month?
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<blockquote data-quote="dennishoddy" data-source="post: 3344798" data-attributes="member: 5412"><p>One would think so, but it never happens that way for a lot in that occupation. I spent 21 years in the oil patch with a company that built drilling bits. When manufacturing was good, there were new trucks, guns, etc being bought every week with the overtime checks. When the oil patch started down, those guns and trucks could be bought cheap. A couple of years would go by with folks selling everything to stay afloat, with layoffs going on, and when it picked up and the overtime started coming in again, new guns and new trucks were everywhere. I'm just using guns and trucks as an example. </p><p>Owners of drilling companies would be buying or leasing corporate jets, flying high during the boom years. </p><p>I'm with you, it seems some never learn to put some money into a rainy day fund to tide yourself/company through those slow times. </p><p>After surviving three layoffs, I decided something more stable was in order. </p><p>Power plants will never go away and are always growing so that is where I went.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3344798, member: 5412"] One would think so, but it never happens that way for a lot in that occupation. I spent 21 years in the oil patch with a company that built drilling bits. When manufacturing was good, there were new trucks, guns, etc being bought every week with the overtime checks. When the oil patch started down, those guns and trucks could be bought cheap. A couple of years would go by with folks selling everything to stay afloat, with layoffs going on, and when it picked up and the overtime started coming in again, new guns and new trucks were everywhere. I'm just using guns and trucks as an example. Owners of drilling companies would be buying or leasing corporate jets, flying high during the boom years. I'm with you, it seems some never learn to put some money into a rainy day fund to tide yourself/company through those slow times. After surviving three layoffs, I decided something more stable was in order. Power plants will never go away and are always growing so that is where I went. [/QUOTE]
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Has your company had layoffs in the last month?
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