More than just the fall of Nortel

[minks]

Yes many of us knew Nortel was taking the downslide over the past couple of years but todays announcement was tough to swallow. Nortel's declaration of bakruptsy does not harm me, but what harms me today is our little company will be laying off 30% of it's staff over the next 45 days. It is going to be awful sitting on pins and needles wondering who is next.

And I feel for anyone of you here in FG facing the same.

Good luck my fellow FG's.


Yahoo! News Search Results for nortel

(((hugs)))

I share your dissapointment!

[Odie]

Originally Posted by minks

Yes many of us knew Nortel was taking the downslide over the past couple of years but todays announcement was tough to swallow. Nortel's declaration of bakruptsy does not harm me, but what harms me today is our little company will be laying off 30% of it's staff over the next 45 days. It is going to be awful sitting on pins and needles wondering who is next.

And I feel for anyone of you here in FG facing the same.

Good luck my fellow FG's.


Yahoo! News Search Results for nortel

Nortel has been struggling for at least 10 years now if not more, so this doesn't surprise me one bit.


but for you hun, I hope your job will be safe!



(((((((((((((((hugs))))))))))))))))))))))))))0

In this day and age, the companies that survive are the ones that provide a need not a want. Our company provides a product that certain families must have. Our growth forecast has been lowered and profits weren't up to budgeted plans last year. But we are still growing - I've put 4 new people on payroll since Christmas.

[chonsigirl]

Oh, I am sending good thoughts for you, minks, and all that work with you.

[minks]

Thanks all, my company is directional drilling for the all mighty oil but nothing is for certain. I shall keep you all posted...

[Odie]

Originally Posted by minks

Thanks all, my company is directional drilling for the all mighty oil but nothing is for certain. I shall keep you all posted...

good luck Minks, I know what its like to be layed off!

how long have you been there?

[minks]

[quote=Odie;1109611]good luck Minks, I know what its like to be layed off!

how long have you been there?[/QUOTE

Year and a half, I have too been laid off before but back then I was young and had no kids, renting and life was way easier, less responsibilities.

I now have a mortgage, bills, a kid to still support, car loan etc... I will do my best to not put the cart before the horse. And with luck I survive this round of lay offs.

[Odie]

[quote=minks;1109616]

Originally Posted by Odie

good luck Minks, I know what its like to be layed off!

how long have you been there?[/QUOTE

Year and a half, I have too been laid off before but back then I was young and had no kids, renting and life was way easier, less responsibilities.

I now have a mortgage, bills, a kid to still support, car loan etc... I will do my best to not put the cart before the horse. And with luck I survive this round of lay offs.

good luck, keep me posted.

Fingers crossed for ya Minks!