Comments on: Like the Flu, Layoffs are Contagious and Other Thoughts http://weakonomics.com/2009/02/09/like-the-flu-layoffs-are-contagious-and-other-thoughts/ Everything That's Wrong With You And Your Money Mon, 15 Mar 2010 16:08:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Tabitha (From Single to Married) http://weakonomics.com/2009/02/09/like-the-flu-layoffs-are-contagious-and-other-thoughts/comment-page-1/#comment-1556 Tabitha (From Single to Married) Mon, 09 Feb 2009 21:18:09 +0000 http://weakonomics.com/?p=1011#comment-1556 Very interesting post. I agree - companies often do lay-offs as a way of reacting to a situation. We've done them here at our company unfortunately. It will be very interesting to see what happens in the near future. My hope is that we're nearing the end before the upturn, but I'm not holding my breath. Very interesting post. I agree – companies often do lay-offs as a way of reacting to a situation. We’ve done them here at our company unfortunately. It will be very interesting to see what happens in the near future. My hope is that we’re nearing the end before the upturn, but I’m not holding my breath.

]]> By: the ginger avenger http://weakonomics.com/2009/02/09/like-the-flu-layoffs-are-contagious-and-other-thoughts/comment-page-1/#comment-1554 the ginger avenger Mon, 09 Feb 2009 20:40:35 +0000 http://weakonomics.com/?p=1011#comment-1554 ^ Wow. That totally sounds like a company I used to work for. Now I'm in education/community outreach and we've seen 1/3 of our budget disappear, so cuts will likely be coming soon. This reminds me of your cheap vs. frugal post the other day. Attrition vs. "reductions in force" vs. "let go" vs. fired vs. "forced into resignation." Let's come up with a few more ways to say we lost our job. ^
Wow. That totally sounds like a company I used to work for. Now I’m in education/community outreach and we’ve seen 1/3 of our budget disappear, so cuts will likely be coming soon.

This reminds me of your cheap vs. frugal post the other day. Attrition vs. “reductions in force” vs. “let go” vs. fired vs. “forced into resignation.” Let’s come up with a few more ways to say we lost our job.

]]> By: Suburban Dollar http://weakonomics.com/2009/02/09/like-the-flu-layoffs-are-contagious-and-other-thoughts/comment-page-1/#comment-1553 Suburban Dollar Mon, 09 Feb 2009 20:34:20 +0000 http://weakonomics.com/?p=1011#comment-1553 AHHHChooo! I think I caught the bug, it is so true thought that we cut back when everyone else cuts back. Even though I am making more than I have before I am looking for ways cut expenses. The difference is I want this to be a lasting change, not temporary. AHHHChooo! I think I caught the bug, it is so true thought that we cut back when everyone else cuts back. Even though I am making more than I have before I am looking for ways cut expenses. The difference is I want this to be a lasting change, not temporary.

]]> By: Broke Wall Streeter http://weakonomics.com/2009/02/09/like-the-flu-layoffs-are-contagious-and-other-thoughts/comment-page-1/#comment-1552 Broke Wall Streeter Mon, 09 Feb 2009 15:50:02 +0000 http://weakonomics.com/?p=1011#comment-1552 I know of one company that cut 20%, about 100 folks. They herded them into a conference room and told them they are being laid off. They didn't cut the bloated IT dept. I know because I used to work in that dept. Well, they apparently cut too many because they're trying to hire replacements for certain positions. Funny thing is they're having a hard time because their reputation of employee treatment is crap now. I know of one company that cut 20%, about 100 folks. They herded them into a conference room and told them they are being laid off. They didn’t cut the bloated IT dept. I know because I used to work in that dept. Well, they apparently cut too many because they’re trying to hire replacements for certain positions. Funny thing is they’re having a hard time because their reputation of employee treatment is crap now.

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