Hit by recession???

@radx682 (327)
India
July 27, 2009 9:03am CST
Hey guys, I would like to know if any of you are hit badly by the recession. In my previous company, there were heavy lay offs. Many people are still jobless. Do you have any such experience, how is the situation at your place???
3 people like this
9 responses
• Philippines
27 Jul 09
They were a lot of heavy lay offs. worst part is in my country where two companies shut/closed down because of recession. more people are now are unemployed..and am one of them. i guess that's why a lot of people hang out in the street.
@cedron (30)
• Philippines
27 Jul 09
Well that's too bad since there's nothing more to do for the time being than staring at the streets. Maybe it's about time to do some self business venture and encourage working at home. XD
• India
27 Jul 09
Well, look at this way. Maybe there is a better way out for you. Maybe you would end up in a better place. :) Be strong and hang on.
@cher913 (25782)
• Canada
27 Jul 09
well, my hubby found out friday that he too lost his job due to the company couldnt afford him. fortunately, he has had another job in the works for a period of a few weeks. it is just a matter when the new job will start.
@radx682 (327)
• India
27 Jul 09
Oh!! These people are crazy. They speak rules when they recruit people. When an employee has to put his papers he / she has to follow all rules. But when the management decides to terminate him / her, they say it on the face. Rules are for us and not for them. I pray that your hubby's new job get started soon.
• India
27 Jul 09
The companies are so hell bent on taking the last drop of blood out from people that they forget the humane side of it. They forget that the employee has a family to support. They just lay them off or make unreasonable demands. Some are: work on a grave yard shift, take a salary cut, get demoted. Life is tough.
@EliteUser (3964)
• Australia
11 Sep 09
Hey, Well I still live with my parents, so at the moment, I haven't really noticed the recession, since I still don't have a full time professional job. Hopefully this recession will lift and we can all live our lives how we used to. Make sure you have a good day, Happy Lotting!!
@daliaj (5674)
• India
28 Jul 09
It is sad to think about recession. Yes, I am affected by recession. I didn't get a salary hike or bounus for the last two years. The same applies to my colleagues also. I feel every company is making use of recession for their benifit for cutting down the wages of employees and a reason for not giving salary hikes. It is very demotivating.
@radx682 (327)
• India
31 Jul 09
Yes Dliaj, you are right...companies are taking advantage of the recession...some companies are not even affected by recession but because now they have a reason to cut costs...they are simply cutting the pays...I am victim of this too.
• India
27 Jul 09
I am not hit that bad.But yes I can be since I am in final year of my graduation.Have a good day
@radx682 (327)
• India
27 Jul 09
Don't worry ...you will get a job. I think it is too early for you to worry abt it. Only now the situation is very bad. Thanks for the response
@shazz282 (177)
• New Zealand
28 Jul 09
The recession has hit so many people all over the world. Less jobs & prices of everything has risen. When will it end.
@radx682 (327)
• India
28 Jul 09
I bought a house but the home loan rates are still the same. Banks should consider reducing the amount. How can banks behave indifferently when all are suffering to make both ends meets. Disgusting!!! Even I am waiting impatiently..when this recession will get over :-(
• United States
4 Aug 09
I've been experiencing it for 2 years now. Most people can find a job if they have a job but it's hard for those who don't have a job and are looking for work. I've been trying to find work but I need specific hours and its hard to find a company that will work with that. I have child care but only m-f 6-6 and not on sat or sun. And My mom watches my daughter so I have to clear it with her if I'm able to work or not.
@busky5 (3164)
• Thailand
3 Aug 09
I don't work in offices.I heard about good news in USA and Europes will have economic better.Do you think it is really or not.In my country is better in the jobless rate too.
@tutor19us (455)
• India
27 Jul 09
Recession is the bad word in today's world. Nobody wants to face the grim reality. Its on the face. People with a busy look stare at you on the streets. They do not want you to know that they dont have anywhere to go. They want so badly to go to office (any office) and belong. But they have been laid off and are desperately looking for work. They are all over the place. Its a sad situation... But I believe it will turn. :)