I love the Credit Crunch

things are just starting to slow down in my industry, and we are in a potentially horrendous position. prices falling, hight priced stock and sales slowing. my colleague and i are trying to make our boss wake up and smell the coffee...

oh and can the world please start calling it a recession not a credit crunch!

Originally Posted by Tara

Lily do you work in HR?

yes..........well kind of.........its a bit confusing my job...........

i kind of float between company secretary work and HR work. Work for both the co sec. (and doing my training for that) and the HR manager (who also wants me to do my training for that)

Ed- you never know if they take the argeement rather than fight it.

I wonder how many of the people who have signed off in the Army are now trying to revoke that given the current situation outside??

I reckon being an undertaker will be good money soon all those rich baby bankers topping themselves because their stocks and shares have been wiped out.

[dizzyblonde]

according to the informative news, manufacturing isn't doing too well. i should imagine it slows down as much for huge companies as it does for the little ones. I would hope I'm reasonably safe working for a huge company, but if they have to make cut backs it will be more likely that mine and Im Indoors shifts will go first(weekends), even though ours are the most productive

[G]

Originally Posted by Tara

Lily do you work in HR?

me i hate it i work in construction albeit a big construction company but we are gonna lose 150 people in my region - since they installed oracle they have made our training dept redundant, also our submissions depart which leaves me and my team to do any submissions which isn't a hassle but its not good for them and also 2 of our regional offices are closing on top of the office that closed recently in bromborough.

on a personal level as we only bought our house last year we won't be able to afford to move until things improve drastically

not good at all

Similar situation I work in construction but I'm relatively cheap compared to some of the senior people.

My girlfriend works for a bank that was bought by Santander but is in a good position so should hopefully be safe,

And we bought our first hour 3 years ago, although we got it stupidly cheap and prices on similar house locally are still a good 35% up on what we paid for ours.

Things are fine, I have no intention of moving and could get a job elsewhere no problem, so unless things got considerably worse I'm ok.

Made the most of cheap bikes going about though lol

Don't mind it - my jobs wages are already being cut before this - on protection for three years - got a fixed rate mortgage which i have in writing will not be affected and honoured for the next 5yrs. the payments aren't a quarter of my wages - the credit card is paid off the cars my own i ain't interested in moving so apart from a few prices rises and watching what i spend i'm sorted. (sold my shares at the last peak and made a killing and bought my bike)

Originally Posted by keithd

oh and can the world please start calling it a recession not a credit crunch!

I know what you mean. Like 'carbon footprint', the term is beginning to grate. But, a recession is termed as negative growth, which we're not experiencing. Well, yet anyway.

Speaking of 'carbon footprints', amazing how quickly everyones forgotten about that since this financial catastrophy began.

[G]

It will be back when the goverment have money to waste again

Originally Posted by Flamin_Squirrel

Speaking of 'carbon footprints', amazing how quickly everyones forgotten about that since this financial catastrophy began.

yep! since i began to "tighten my belt" i've burnt sheep and flew across the atlantic twice as i figured global warming/cooling was all sorted.