Posted on 04/14/2002 1:56:04 PM PDT by SpyderTim
Lucent to Cut 5,000 More Jobs - Source Reuters | April 11, 2002 | Ben Klayman
Posted on 4/12/02 11:59 PM Pacific by SpyderTim
Lucent to Cut 5,000 More Jobs - Source Thu Apr 11, 4:28 PM ET By Ben Klayman CHICAGO (Reuters) - Telecommunications equipment maker Lucent Technologies Inc. plans to cut about 5,000 more jobs than previously expected by the end of June because of the slowdown in the telecom sector, a source close to the company said on Thursday.
See the link for the rest of the article.
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Just got to thinking, with the economy supposedly recovering, and layoffs continuing all around us, how many Freepers are currently out of work? How are they finding the job market?
1 posted on 4/12/02 11:59 PM Pacific by SpyderTim [ Post Reply | Private Reply | View Replies | Report Abuse ]
-------------------------------------------------------------------------------- To: SpyderTim
Luckily the coapany I worked for Did Good and accelerated my options when I was voluntarily laid off. Job market is pretty bad out there in high tech (programming). At one time or another 10 friends of mine were laid off this past year.
2 posted on 4/13/02 8:31 AM Pacific by lelio [ Post Reply | Private Reply | To 1 | View Replies | Report Abuse ]
-------------------------------------------------------------------------------- To: SpyderTim
Just got to thinking, with the economy supposedly recovering, and layoffs continuing all around us, how many Freepers are currently out of work? How are they finding the job market?
Agreed. I know more people in the last year that have gotten laid off, and have remained laid off, than I do those who had no work and found it. This "recovery" is pure fabrication and spin pushed by the WH. The facts are that over half the new jobs created are being done by the government! GDP has increased primarily because of government spending!
Smoke and mirrors.
3 posted on 4/13/02 8:35 AM Pacific by Kobyashi1942 [ Post Reply | Private Reply | To 1 | View Replies | Report Abuse ]
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My company announced its office relocation way back in April of 2001. My last day was November 30. I've been networking and interviewing since then but haven't found quite what I'm looking for yet. It's not a bad job market if you know what you are doing, but it isn't as good as when I first graduate from college in 2000 either.
4 posted on 4/14/02 1:53 PM Pacific by SpyderTim [ Post Reply | Private Reply | To 3 | View Replies | Report Abuse ]
What I saw after september was lots of people unable to make discisions (including me, I'll admit to sitting stunned in front of the tube for what seemed like weeks at a time).
The job market in northern California has picked up in the last month, now they are returning e-mails and calling for interviews. I'm still optimistic and have the ability to say no (If you can't say no catbert will torture you just for fun, she can smell it).
The saving grace for me was that I saw that the crazy times could not last forever. I still have two more years of burn in the bank. But damn I'm BORED (but not bored enough to go back to the previous employer). Time to learn another new skill.
For those of you over 50 you could have it worse, you could be 24, expecting six figures and a ping-pong table in the office.
A telecom company I worked for last year (based in suburban DC) had about 15 illegal aliens working for them as "contractors"...on 1099s so no taxes were withheld, from what I understand. I shared an apartment with one of them while we were working on a project in another state. Damn scumbag always bragged about how he didn't have to pay taxes. So, illegal aliens are another reason Americans are losing telecom jobs. Gee, and we keep hearing about how they take jobs "Americans won't take".
Scouts Out! Cavalry Ho!
If the illegals where not properly contractors (and that is a high hurdle) then the company will be forced to pay the illegals back taxes. That will stop that particular flavor of BS.
I'm scared!
Network, network, network, and good luck!
And, since you accused me of accepting a bandage, I'll accept it. But what you proffer isn't much better, and is highly unrealistic, given the "mixed economy" that's been in place in the U.S. since the 1930s. Not to mention what's developed since the 1960s.
So you don't want government handouts, and you don't want free trade. Guess what? None of the rest of us, do, either. If we did we wouldn't be at this place --Free Republic.
But the fact is,many, perhaps most of the jobs open right now, are going to younger, darker, cheaper candidates. And since we effectively "pay" for unemployment compensation, since our employers factor that cost into our wages, why shouldn't we accept it?
What's the realistic alternative? To food stamps and unemployment compensation and government grants and contracts and all the rest? Would communism be a better choice? What if a group of powerful people said the only way to do away with "government employees" is to throw everything in one big pot and make sure EVERYBODY is working for the government. That could become reality much more easily than the scenario you describe.
Are we REALLY going to create an all-volunteer congress and executive branch? The only people able to serve would be those who are already richer than the ones we have now. Are we REALLY going to do away with taxes, not to mention federal highway funds? What happens when the roads get grown over and the signs fall down? I was in Hurricane Andrew in Florida in 1992, and believe me, it is no easy trick to navigate the interstates without road signs, especially in the dark. And if the army hadn't shown up as quickly as it did, there would have a lot more crime and chaos, and very quickly, too.
However, I am a big believer in the line "all politics are local." If you're so very concerned about all this, alien, run for office. Go to your local school board meetings and scream a lot about how much money they're spending on YOUR KID. Bitch about all the stupid laws and revenue collection methods, like traffic and parking tickets. It doesn't win you many friends. And it's a big committment. A lot more difficult than making snide comments on Free Republic.
Ask anyone who's been actively searching for a job and is currently unemployed how easy it is to find a new job and they will back me up. Haven't seen a post yet to disagree. And Freepers are NOT whiners, as a whole.
Anyway, I'm grateful Free Republic is around in a time of uemployment. It helps keep you sane, and gives you the opportunity to "converse" with intelligent people, and get some support in the process. From most of the posters, anyway.
my dad was about 51 at the time and in marketing for a (insert name of major health insurance/HMO company here). my dad was educated in the school of "hard knocks" and was always quite the charmer, with a subtle english accent, thus perfect for sales. he was disatisfied at the way "young managers were ruining the company." he IS the most "power of positive thinking" optimist i will EVER meet; NEVER gets discouraged ordinarily, however, he had a HELL of a time finding a job.
he moved out of NY and for almost a year, he couldn't find employment. after my mother was worrying herself to a frazzle, he finally relented to working for the SAME insurance company; just in a different state; and this was a state that was entering an economic boom at the time.
my dad found out in a hurry that there is no such thing as the "experience card" anymore (even after 30 years experience in the sales field).
me thinks ernbatavia is in for a MUCH rougher time than he thinks.
That sounds like a great idea. We should also have a listing of Freeper-owned businesses and websites.
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