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Downsized Executives Forced To Take 'Survival' Jobs
CNBC ^ | 3/1/2009 | Michael Luo

Posted on 03/02/2009 9:28:20 AM PST by Red in Blue PA

click here to read article


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1 posted on 03/02/2009 9:28:20 AM PST by Red in Blue PA
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To: Red in Blue PA
CHANGE YOU CAN BELIEVE IN!
2 posted on 03/02/2009 9:30:44 AM PST by Obadiah (Party - my house - on December 22, 2012!)
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To: Red in Blue PA

This guy doesn’t sound like an exec to me... There’s been plenty of downsizing at my employer, but so far no execs have been let go.


3 posted on 03/02/2009 9:31:00 AM PST by Scutter
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To: Red in Blue PA

Not to say that I would want to be in this man’s position and I’m glad that he willing to take a job that pays much less than he is used to in order to make ends meat... but wasn’t there a time when it was the norm to be grateful for any job you could get when you were down on your luck?


4 posted on 03/02/2009 9:32:13 AM PST by chargers fan (Bring on Next Year!)
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To: Scutter

Well, this is me.


5 posted on 03/02/2009 9:35:19 AM PST by ottbmare (Ein Reich, ein Volk, ein Obama!)
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To: Scutter

This whole article doesn’t quite ring true with me. However, if it is, then I admire the guy for taking whatever job he could find until he can do better.


6 posted on 03/02/2009 9:35:41 AM PST by basil ( It's time to eliminate all "Gun Free Zones")
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To: Red in Blue PA
security manager for the western United States for a Fortune 500 company, overseeing a budget of $1.2 million and earning about $70,000 a year.

Sniff, sniff. Nope. Doesn't pass the smell test. This one is made up.

7 posted on 03/02/2009 9:41:41 AM PST by Cletus.D.Yokel (FreepMail me if you want on the Bourbon ping list!)
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To: Red in Blue PA
Nine months ago he lost his job as the security manager for the western United States for a Fortune 500 company, overseeing a budget of $1.2 million and earning about $70,000 a year.

The term "executive" just doesn't mean what it used to anymore.

8 posted on 03/02/2009 9:42:42 AM PST by Arguendo
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To: chargers fan
Not to say that I would want to be in this man’s position and I’m glad that he willing to take a job that pays much less than he is used to in order to make ends meat...

Hmmm... meat!

9 posted on 03/02/2009 9:43:36 AM PST by alexander_busek
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To: Cletus.D.Yokel

Agreed. I know people in the company I work for making more to handle less, and they’re earning every penny.


10 posted on 03/02/2009 9:44:21 AM PST by SlowBoat407 (We didn't have to take any of it seriously, did we?)
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To: Arguendo

exactly - this guy was a manager - just as his title reflected.


11 posted on 03/02/2009 9:45:08 AM PST by anniegetyourgun
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To: Red in Blue PA

A mans gotta do what a mans gotta do!! I’ve done a lot worse for a lot less.


12 posted on 03/02/2009 9:45:25 AM PST by ontap (Just another backstabbing conservative)
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To: Scutter

True. . .it is the exec’s that will be the last to go.


13 posted on 03/02/2009 9:47:06 AM PST by Hulka
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To: Red in Blue PA

this is not an “exec”....this is a regular person with a pretty good job NOW GONE.


14 posted on 03/02/2009 9:49:33 AM PST by applpie
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To: Cletus.D.Yokel
Sniff, sniff. Nope. Doesn't pass the smell test. This one is made up.

No, but I know people in this boat who aren't making things up and I've been there myself. Did a year selling appliances at a furniture store a couple of years ago because I got laid off in a tight job market. I didn't think I was any sort of hero, just did what needed to be done to pay the bills.

15 posted on 03/02/2009 9:52:07 AM PST by Non-Sequitur
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To: Scutter
his job as the security manager
16 posted on 03/02/2009 9:53:57 AM PST by kcvl
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To: Red in Blue PA

These so called exexcs now working at janitorial services sounds pretty much like media invented nonsense. Really? An exec who was highly prized is now cleaning doorways for a living? Sounds hokey. Either he was monstrously overpaid as an exec or the story is false. Execs are snatched up by other companies long before they are fired. And even if fired, they usually find good work pretty easily.


17 posted on 03/02/2009 9:57:53 AM PST by Professor_Leonide (I said to the young man who showed me a photo, "Who can ever be sure what is behind a mask?")
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To: Professor_Leonide

“An exec who was highly prized is now cleaning doorways for a living?”

Honestly, that sounds like something the Wall Street execs would be incapable of.


18 posted on 03/02/2009 9:59:03 AM PST by Red in Blue PA (If guns cause crime, then all of mine are defective.)
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To: Red in Blue PA

http://tinyurl.com/cratum

19 posted on 03/02/2009 10:02:14 AM PST by kcvl
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To: chargers fan

I read the whole article, and these people are not complaining, but dealing with life.


20 posted on 03/02/2009 10:03:31 AM PST by Patriotic1 (Dic mihi solum facta, domina - Just the facts, ma'am)
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