Do you think you will lose your job because of the economy?

[Me2Broke]

After over 22 years with the same company I was just laid off the first of the year. This has been the hardest blow for me and my family.

[TheFalcon]

I put down "already did" which is partially true.

my employer gave my entire department their 6 month notice.

[wllmford7]

Hey...Thanks for sharing this thread with us.

[lillymarlene]

Had to close down a location of my over 50 year old family business last year. My income is severely reduced. Though I don't regret it, it's just another "little thing" that has pushed me into filing bk.

[divya09]

noway.....

[helpme2010]

Share your feelings...

I began losing my first job before the recession officially began. I started seeing it when I worked for a real estate software company, the real estate industry and agents were taking a huge hit. I lost another job for a software construction company as they were losing business. I lost another job in the legal software industry as clients were dropping like flies.

So I went back to school and just completed my degree. Now I need to get this bk discharged.

[carlsbadmike]

Already did. Closed down failing business after finalization of BK7.

[johnjan2009]

i'm in same boat... spouse lost job last year and been dealing with 1 income... company i work with filed BK last year... I really fear for the worst nowadays...

[jjim120]

Lost my job and my business, my husband lost his job and business, my son lost his job and business, our employees, some of them who had worked with us for over 20 years, lost their jobs, 15 businesses and suppliers lost and have laid off workers. Two smaller banks are in distress from funding these businesses based on accounts receivable that were never paid. At least a hundred people have lost their jobs on this one large construction project that was never in default, was nearly 85% complete and about to pay back the note. All because a lawyer who had been fired by a previous owner who still had money due from the sale of his stock was still planning and manipulating his revenge and conned multiple other lawyers into doing his dirty work.

[jjim120]

Lost my job and my business, my husband lost his job and his business, my son lost his job and his business, we are all three in bankruptcy, employees who had been with us for over 20 years are now unemployed in their 50s and 60s, 15 businesses and suppliers that worked with us for over 20 years are in distress and laying off their employees, at least two smaller banks are damaged. We went from a net worth in seven figures to nothing but social security and a small annuity when a big bank cut off a guaranteed loan on a great construction project at the 85% complete stage and apparently aided a a con game being perpetrated by a lawyer who had been fired by one of the previous owners of the property who had sold his interest and was carrying back part of the purchase price. At least we have a small income and our health. Looking toward living in a travel trailer when the bankruptcy is cleaned up, but the younger people who worked for us and can't find a job don't have that option. One of the ones bankrupted by the scheme says his wife is making threats of suicide.

[copper2]

Yes

If your job uses the internet...think again. Manufacturing was the beginning. If someone had English as a required language growing up, and has Internet, you have a problem. The day will come when even financial planners in the US will be traded for financial planners in India, watching the global market, at 1/8 the commission. We are stupid in this country to think we can outsource one level, as solution, given what we see on the globe.

[zenia]

I want to read your story but I cant find it ?

[Steve08087]

poll question is incomplete !!!

This Poll question is missing a key word ? Didn't anyone proof-read it ?


Poll: Do you think you will lose your because of the economy?

Poll Options
Do you think you will lose your because of the economy?
Yes
No
Maybe
Already Did

[Xue]

http://www.latimes.com/business/la-fi-homegrown-20100521,0,3748074.story

[ladyjenn]

Share your feelings...

I did in Sept 2008, after 13 years there!