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Old 23-02-09, 10:23 AM   #1
Frank
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Default back to the (credit crunch)

I have been away for the weekend and talking to a lot of family and most of them are feeling it.
My bro works for "Jiffy Bags" and his "two on,two off ",12 hour shifts have been cut to normal shifts.This leaves him £100 a week down.
My cousin works for Bently.They have lost 200 staff and the remainder have took a 10% pay cut till next yr.
My work is all over the place as well.£1200 one week,£200 the next.
Are there many people out there who have not been affected?
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Old 23-02-09, 10:27 AM   #2
kwak zzr
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Default Re: back to the (credit crunch)

16,000 jobs to go at Royal Mail, 15 on our shift alone thats 120hrs! our local makro is also closing
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Old 23-02-09, 10:29 AM   #3
Kate Moss
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Broadreach is suffering aswel. Staff are not too sure where we stand, one week they dont have enough money to pay our wages, then the next they do. We have a serios cash flow problem, plenty of assests but no cash.
Scary times when you don't know if you are going to get paid from one month to the next.
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Old 23-02-09, 10:29 AM   #4
Frank
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Default Re: back to the (credit crunch)

I also noticed at the weekend ,that nearly everypub we visited were deserted.
One of them are now running a "7 day,eat what you want carvery" ,for £3.50.
Anything to get people in
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Old 23-02-09, 10:45 AM   #5
husky03
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Default Re: back to the (credit crunch)

its hitting nearly everyone-we were doing pub visits on saturday and i've never saw as many pubs so empty -a few had no customers in at all.
I'm probably in the best job during these times but can see the effect its having on everyone else, family included.
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Old 23-02-09, 10:51 AM   #6
punyXpress
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Default Re: back to the (credit crunch)

About the only people not affected seem to be politicians and ( some ) bankers.
Those who are most to blame for this monumental upcock.
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Old 23-02-09, 11:00 AM   #7
plowsie
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Default Re: back to the (credit crunch)

Not affected me Still paid as little as possible
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Old 23-02-09, 11:03 AM   #8
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Default Re: back to the (credit crunch)

Quote:
Originally Posted by plowsie View Post
Not affected me Still paid as little as possible

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Old 23-02-09, 11:05 AM   #9
shonadoll
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Default Re: back to the (credit crunch)

I'm really surprised that where I work (a vets) hasn't been affected really (yet). We are still as busy as ever, but maybe it's just a matter of time.

Hubby's work (aviation) has been greatly affected-he's in the USA at the moment and he said it's hit hard there too.
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Old 23-02-09, 11:29 AM   #10
Drew Carey
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Default Re: back to the (credit crunch)

I must admit that I seem to be largely unaffected.

I work for the countrys largest Finance outsourcing company. They specialise in taking on outsourcing deals from Pension companys, streamline the administration etc with new improved systems and trying to make the business more efficient. Currently working on a huge IT project to develop a new system for the industry. They have so far spent approx £120m on the 7 year project and we have clients being implemented over the next 2 years from some of the countries largest pensions businesses.

The only redundcies that have been mooted are those that will be made once the new systems are in place, but in terms of the project team I work for they have managed to very cleverly get itself into a position where large amounts of the project and business rely on us, so even if cut backs are made on the project we have been assured we will not be hit.

I know that people generally are finding it hard. Also agree with the pub issue, so many places seem much quieter now. Hope anyone whos struggling finds ways to sort it out. Dreadful time at the moment and I count myself lucky but know a lot of people who are not so.
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