Just had a great day, got a 22% pay cut and lost my health insurance. I at least still have a job but not much of one.

 

Hey Mad Mike, sorry to hear that!

 

Sorry to hear that. At least you still have a job as you stated. Enjoy whatever it is that you will partake in.


Stay safe,


Tim

 

Sorry man. Times are tough. Atleast you still have a job.

I'll throw a bunch down with ya.

Jb

 

Ouch.

 

They did 20% paycuts instead of layoffs at my place too, fortunately I was supposed to get on commission in 09 and since that didnt happen my base pay wasnt cut. Although not going on commission will cut me out of about 20 grand this year. I think this is alot of smaller companies solution to keep from laying off employees. Our owner does realize that everyone has families and offed this up as an alternative.

 

dont worry, Obama will save us all.

 

Sorry to hear that, man.

Be careful...

 

Ouch...

The loss of medical coverage would be tough to take, too.

Demand is down, so wages and jobs get cut. Because wages are down and jobs aren't secure, demand is going down.

What sector are you working in, if you don't mind my asking?

 

I feel your pain.
I got laid off in Aug. 08 and started a new job in Sept 08 at 25k less a year. Then in mid Nov. took another 20% pay cut. Times are very tough right now.

 

Ive raised my glass to you...

 

sorry to hear that, but at least you still have a job.

 

well at least you have a job still . I got a pay cut then 3-4 days of work now I found out yesterday co. is shutting down and was told nothing .
If i was told months ago I could of been out looking for work.

 

Sorry to hear that, someone once said something similar to this, 78% of something is better than 100% of nothing. Sucks bad about the health insurance though, cut your pay and cut insurance completely.