How has the economy impacted you?

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Re: How has the economy impacted you?

Postby Michael Pelletier » Thu Jan 22, 2009 9:43 am

Jeannine Stergios wrote:... -also more bounced checks than usual.

But the equivalent annual interest rate of bounced check fees apparently doesn't bother Gov. Lynch.
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Re: How has the economy impacted you?

Postby Debra Huffman » Thu Jan 22, 2009 12:21 pm

My company just announced across the board pay cuts. Yippee.
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Re: How has the economy impacted you?

Postby Jeannine Stergios » Thu Jan 22, 2009 12:22 pm

RD
That's odd. I heard that Vegas was really hurting in this economy.
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Re: How has the economy impacted you?

Postby Jeannine Stergios » Thu Jan 22, 2009 12:23 pm

Debra

That's really a shame. I heard about a few other companies giving pay cuts around 4-5%. I will tell my employees they are lucky to be employed at this rate.
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Re: How has the economy impacted you?

Postby chrisorteg » Thu Jan 22, 2009 4:02 pm

Jeannine Stergios wrote:RD
That's odd. I heard that Vegas was really hurting in this economy.



I plan to help the economy by taking a trip to Vegas toward the end of February.
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Re: How has the economy impacted you?

Postby Debra Huffman » Fri Jan 23, 2009 8:01 am

Jeannine Stergios wrote:That's really a shame. I heard about a few other companies giving pay cuts around 4-5%. I will tell my employees they are lucky to be employed at this rate.

We got hit with a two-level cut. Top management took a 7.5% cut, the rest of us got a 5% cut. I'm really surprised because our business (providing tech writing/editing/course design services to high tech companies on a contract basis) generally does better during an economic downturn. Companies don't want to add headcount, so they add temporary workers.

Ah well, this too shall pass.
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Re: How has the economy impacted you?

Postby Jeannine Stergios » Fri Jan 23, 2009 12:53 pm

Deb
I used to do contract tech writing.editing for years off and on and we used to be the first thing that got cut when the economy slowed. I worked contracts at Digital, Wang and many smaller companies in between my perm jobs.

Finally after getting laid off in Sept 2001 I decided I'd had it and returned to my small business I had my brother running and built that up. It was the best decision I ever made. I still get calls from headhunters looking for tech writers.

My 17 year old graduates in June and is considering taking Tech Writing courses. We are in the process of checking out programs that offer it. I noticed that UMASS Lowell no longer has their Tech Wiriting Certificate Program whic was disappointing to him.
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Re: How has the economy impacted you?

Postby Debra Huffman » Sat Jan 24, 2009 8:00 am

Jeannine,
If your son is interested in tech writing I suggest he consider pursuing a technical degree rather than looking for a tech writing program. Things are a lot tougher now than when you and I entered the field. I went back for a BS in IT just to be sure I had the credentials I'd need to compete.
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Re: How has the economy impacted you?

Postby Tom Williams » Sat Jan 24, 2009 9:20 am

I work for a medium sized chemicals manufacturing firm, and the tech writer that services my area (engineering and construction design standards) has a masters in chemical engineering.
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Re: How has the economy impacted you?

Postby Jeannine Stergios » Sat Jan 24, 2009 5:51 pm

Thanks for the advice.

I will pass it along to my son
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Re: How has the economy impacted you?

Postby mglr536 » Tue Jan 27, 2009 7:48 am

Has anyone seen the impact of these layoffs in the local area yet?

Sun - The Santa Clara, Calif.-based company revealed in November that it plans to cut up to 6,000 of its 33,000 employees.

Circuit City - going out of business
Pfizer/Wyeth - merger
Any construction related impact you are aware of?
Any manufacturers out there?
Fidelity workers? Any truth to the rumor of 1200-1500 more cuts coming?
Small businesses?

There are too many job impact news stories to list, but I'm curious to see how these economic actions are impacting the local economy.
Share your stories of "how the economy has impacted you"
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Re: How has the economy impacted you?

Postby Jeannine Stergios » Tue Jan 27, 2009 11:13 am

I have to ask:

How many federal, state and local government employees have been laid off?

Why do millions of people who have lost their own jobs have to continue to pay for fat payrolls and benefits. When are governments planning to cut their payrolls?
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Re: How has the economy impacted you?

Postby mglr536 » Tue Feb 03, 2009 7:56 am

Jeannine,
I think that's about to happen based on news from California, and over the border in MA.
I even think the Sate of NH Gov is floating this as a well.

Which is why on a different board topic, I suggested reducing the labor component at the library. It's non essential expense.
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Re: How has the economy impacted you?

Postby Michael Pelletier » Mon Feb 16, 2009 8:46 am

And given that the federal government is poised to destroy childrens' sections of libraries across the country due to poorly-thought-out legislation and overbroad regulation... I hope that at least one major library tells the Feds to go pound sand if they don't waive the regulations by next year. They were certainly willing to do it when the Feds came looking for checkout records on specific individuals.

I've accepted a job offer from Raytheon in Woburn, I'm hoping to start by the end of the month.
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Re: How has the economy impacted you?

Postby Jeannine Stergios » Mon Feb 16, 2009 1:35 pm

Congrats to you on the new job Mike
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