How is this Recession Likely to Affect You?

demonrail666 · 01.23.2009, 09:39 AM

Is it likely to have an impact on your job, where you live, etc?

blunderbuss · 01.23.2009, 09:43 AM

My whole department is being outsourced. I don't really want to transfer to the company that it's being outsourced to, but given the choice between that and having to try to pimp my CV around at a time when the job market is utter crap, I'll probably have to.

RdTv · 01.23.2009, 09:48 AM

I'm totally effected by it. I work within the realms of the auto industry and the record low sales are hurting my job plenty. I'm talking an average loss of 30%.

demonrail666 · 01.23.2009, 09:50 AM

Jobs in education tend to be fairly secure. However with the predicted drop in student numbers this may change in a year or so - especially considering the way universities are now being run more like businesses than ever before.

RdTv · 01.23.2009, 09:55 AM

Quote:

Originally Posted by demonrail666

Jobs in education tend to be fairly secure. However with the predicted drop in student numbers this may change in a year or so - especially considering the way universities are now being run more like businesses than ever before.

Its funny you mentioned that, because I was lloking into some courses to take at the Uni and teaching came to mind. Then I figured out how completely un-recession proof that job was and opted out. I think I may do something within the bounds of radiology,x-ray tech, chemo-tech. Its sad, but the truth is that in the US health care (or sick care as some say) will always be in business full steem. So I'm likely to start classes for something in that field.

demonrail666 · 01.23.2009, 10:07 AM

In principle, healthcare should be recession proof. The problem is the way organisations are governed. They need to be seen to be cutting costs (usually by reducing their wage bills) in order for them to look efficient in the eyes of those bodies funding them.

Saying that, in the UK at least, the sight of nurses (and maybe primary school teachers) being laid off in order to save money would cause a massive national outcry to the extent that they are probably the only body that will remain untouched by any upcoming recession.

EDIT: I emphasise this as being the case in the UK rather than, say, the US, simply because of our nationalised health and school system.

RdTv · 01.23.2009, 10:13 AM

Yeah the socialized medicine and education play a large role-on recession effected jobs.

!@#$%! · 01.23.2009, 10:16 AM

Quote:

Originally Posted by demonrail666

Is it likely to have an impact on your job, where you live, etc?

we get enough fixed money for rent and food, but i see no clients coming. likely the chunk of dough i habitually used to expand my business (software, gear, computers, etc) will have to approach zero for a while.

i'm sure i'll be able to scrounge some money here and there, but it's not going to be pretty.

maybe after the stimulus plan kicks in things will pick up again. let's see how that goes.

if all goes to shit, i can always go back to living in the boonies for free again, but it's not something i would want to do AT ALL.

in any case, let's not make too much fuzz about it, our ancestors had it worse than us.

demonrail666 · 01.23.2009, 10:17 AM

^^RdTv. Isn't the prospect of your government bailing out the auto-industry likely to make your job at least slightly more secure? From over here it seems as though the US treats companies like Ford and General Motors in a way similar to how we think of the NHS: as a national institution worth saving at any cost.

afterthefact · 01.23.2009, 10:20 AM

I'm taking bets on how bad the stock market will do. I'm raking it in.

In all seriousness, my company deals with telecommunication equipment, so we are doing just fine. The only thing that was really hurting us were the gas prices, because of the amount of shipping we do, but now that they are down quite a bit, we are just fine. We aren't immune obviously, but we did have our best year since 2001 last year.

RdTv · 01.23.2009, 10:25 AM

Quote:

Originally Posted by demonrail666

^^RdTv. Isn't the prospect of your government bailing out the auto-industry likely to make your job at least slightly more secure? From over here it seems as though the US treats companies like Ford and General Motors in a way similar to how we think of the NHS: as a national institution worth saving at any cost.

Yes and no.

The yes part:Obviously the makers won't be closing their doors and therefore having a ripple effect on millions of people.

The no part: While they did get approved for the money it means slimming down, trimming the fat and means less aftermarket spending across the board. GM agreed to reduce their delaerships from 4000 to 2600 stores nationwide. So all that puts my line of work in a bind. Now, to compound this, retail sales are low because people dont have money to spend on dvd systems, spoiler, tint, paint protection film, woodgrain dashes and other accessories that aren't crucial to the vehicles functionality.

It sucks for now, but I'm looking at it as an oportunity to get out of a business that i already don't like. Seriously, car dealers really are true to the stereotype of : liar, cheat, sleazy hair and chain-smoker.

demonrail666 · 01.23.2009, 10:25 AM

Quote:

Originally Posted by afterthefact

I'm taking bets on how bad the stock market will do. I'm raking it in.

In all seriousness, my company deals with telecommunication equipment, so we are doing just fine. The only thing that was really hurting us were the gas prices, because of the amount of shipping we do, but now that they are down quite a bit, we are just fine. We aren't immune obviously, but we did have our best year since 2001 last year.

hevusa · 01.23.2009, 12:38 PM

Quote:

Originally Posted by demonrail666

Is it likely to have an impact on your job, where you live, etc?

I have owned my own business for over 5 years now and 2008 was the worst year financially so far. I am barely eating right now.

Bush can suck my left nut.

Glice · 01.23.2009, 12:40 PM

The company I work for has had a slew of redundancies. I will probably survive wave two of sackings as well. I'm anticipating a re-structure, which will possibly mean that I could get a better job out of the recession, which could mean I waylay going back to school for yet another year. I'm fucking great me.

mangajunky · 01.23.2009, 12:42 PM

Being that you guys know what I do and where I work I can't be too specific other than my boss is not laying anyone off from my company and we are probably relocating to New Jersey from NYC within 6 months. We have had to make other sacrifices - but my books are selling well, and our company is doing well (comparatively) with many planned releases in the future.

I think we may be the only company in the US anime/manga industry that hasn't laid anyone off. Hopefully that trend will continue.

Derek · 01.23.2009, 12:53 PM

What company do you work for?

EVOLghost · 01.23.2009, 01:05 PM

My father's owns his own business. He owns a Food Distributing company and lately it's been awful. However in the past two weeks we have added 2? new routes to Iowa. It's actually quite expensive paying people to drive out to Iowa and competing with the other food distributors. Gas prices are helping us out big time seeing how diesel is now just under $3. However, many restaurants suck at keeping up with their tabs. Overall Sales may be down, but hopefully we'll be able to survive.

floatingslowly · 01.23.2009, 01:05 PM

as a Harvester of Souls, business has never been this good!

ask me how you too can reap for fun and profit (from the comfort of yr own home)!!

mangajunky · 01.23.2009, 01:23 PM

Quote:

Originally Posted by Derek

What company do you work for?

Media Blasters aka
Anime Works/Tokyo Shock/Kitty Media/Rare Flix/Fever Dreams/Alteil

Toilet & Bowels · 01.23.2009, 01:33 PM

Quote:

Originally Posted by mangajunky

Media Blasters aka
Anime Works/Tokyo Shock/Kitty Media/Rare Flix/Fever Dreams/Alteil

i thought publishing was supposed to be fairly recession proof as people tend to stay in more and things like books and dvd sales are relatively stable?
i work at a film pr company and the home entertainment team have more work now than ever, not sure how safe my job is, i'm also looking for a new one at the moment too.

01.23.2009, 09:39 AM	#1
demonrail666 invito al cielo Join Date: Feb 2007 Posts: 18,510	Is it likely to have an impact on your job, where you live, etc?
	\|QUOTE AND REPLY\|

01.23.2009, 09:43 AM	#2
blunderbuss invito al cielo Join Date: May 2008 Location: UK Posts: 2,526	My whole department is being outsourced. I don't really want to transfer to the company that it's being outsourced to, but given the choice between that and having to try to pimp my CV around at a time when the job market is utter crap, I'll probably have to.
	\|QUOTE AND REPLY\|

01.23.2009, 09:48 AM	#3
RdTv invito al cielo Join Date: Mar 2006 Location: Lexington,KY USA Posts: 2,512	I'm totally effected by it. I work within the realms of the auto industry and the record low sales are hurting my job plenty. I'm talking an average loss of 30%.
	\|QUOTE AND REPLY\|

01.23.2009, 09:50 AM	#4
demonrail666 invito al cielo Join Date: Feb 2007 Posts: 18,510	Jobs in education tend to be fairly secure. However with the predicted drop in student numbers this may change in a year or so - especially considering the way universities are now being run more like businesses than ever before.
	\|QUOTE AND REPLY\|

01.23.2009, 10:07 AM	#6
demonrail666 invito al cielo Join Date: Feb 2007 Posts: 18,510	In principle, healthcare should be recession proof. The problem is the way organisations are governed. They need to be seen to be cutting costs (usually by reducing their wage bills) in order for them to look efficient in the eyes of those bodies funding them. Saying that, in the UK at least, the sight of nurses (and maybe primary school teachers) being laid off in order to save money would cause a massive national outcry to the extent that they are probably the only body that will remain untouched by any upcoming recession. EDIT: I emphasise this as being the case in the UK rather than, say, the US, simply because of our nationalised health and school system.
	\|QUOTE AND REPLY\|

01.23.2009, 10:13 AM	#7
RdTv invito al cielo Join Date: Mar 2006 Location: Lexington,KY USA Posts: 2,512	Yeah the socialized medicine and education play a large role-on recession effected jobs.
	\|QUOTE AND REPLY\|

01.23.2009, 10:17 AM	#9
demonrail666 invito al cielo Join Date: Feb 2007 Posts: 18,510	^^RdTv. Isn't the prospect of your government bailing out the auto-industry likely to make your job at least slightly more secure? From over here it seems as though the US treats companies like Ford and General Motors in a way similar to how we think of the NHS: as a national institution worth saving at any cost.
	\|QUOTE AND REPLY\|

01.23.2009, 10:20 AM	#10
afterthefact invito al cielo Join Date: Jun 2006 Location: Lexington, KY Posts: 3,886	I'm taking bets on how bad the stock market will do. I'm raking it in. In all seriousness, my company deals with telecommunication equipment, so we are doing just fine. The only thing that was really hurting us were the gas prices, because of the amount of shipping we do, but now that they are down quite a bit, we are just fine. We aren't immune obviously, but we did have our best year since 2001 last year. __________________ "She hated people who thought too much. At that moment, she struck me as an appropriate representative for almost all mankind." - Kurt Vonnegut Cat's Cradle
	\|QUOTE AND REPLY\|

01.23.2009, 12:42 PM	#15
mangajunky expwy. to yr skull Join Date: Apr 2007 Location: Englewood, NJ Posts: 1,247	Being that you guys know what I do and where I work I can't be too specific other than my boss is not laying anyone off from my company and we are probably relocating to New Jersey from NYC within 6 months. We have had to make other sacrifices - but my books are selling well, and our company is doing well (comparatively) with many planned releases in the future. I think we may be the only company in the US anime/manga industry that hasn't laid anyone off. Hopefully that trend will continue. __________________ -Franky Don't let yer meat loaf.
	\|QUOTE AND REPLY\|

01.23.2009, 12:53 PM	#16
Derek invito al cielo Join Date: Jan 2007 Posts: 8,095	What company do you work for?
	\|QUOTE AND REPLY\|

01.23.2009, 01:05 PM	#17
EVOLghost invito al cielo Join Date: Mar 2008 Location: cybatraz! Posts: 11,537	My father's owns his own business. He owns a Food Distributing company and lately it's been awful. However in the past two weeks we have added 2? new routes to Iowa. It's actually quite expensive paying people to drive out to Iowa and competing with the other food distributors. Gas prices are helping us out big time seeing how diesel is now just under $3. However, many restaurants suck at keeping up with their tabs. Overall Sales may be down, but hopefully we'll be able to survive.
	\|QUOTE AND REPLY\|

01.23.2009, 01:05 PM	#18
floatingslowly invito al cielo Join Date: Feb 2007 Posts: 21,165	as a Harvester of Souls, business has never been this good! ask me how you too can reap for fun and profit (from the comfort of yr own home)!!
	\|QUOTE AND REPLY\|