Home › Forums › Financial Markets/Economics › Where the Layoffs Are—Is Your Firm on the List?
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March 26, 2009 at 10:32 PM #374230March 26, 2009 at 11:08 PM #373619fsboParticipant
[quote=davelj]I’m no expert on IBM by a long shot, but I’ve got a friend here in SD that works for IBM and I swear I’d be absolutely shocked if he’s worked more than an average of 10 hours a week for the last five years. He’s in sales, “works” from home, and does as close to nothing as I’ve ever seen a professional do. I think his base is around $125K and he’s made as much as $250K with bonuses and whatnot. I really like the guy – he’s a close friend – and he’ll tell you straight up that he doesn’t do shit. But it makes me wonder about what kind of controls IBM has in place and how much fat is out there. And he’s managed to survive the last couple of rounds of layoffs (although each time he’s a little concerned). Anyhow, just kind of interesting.[/quote]
As consultant, how many hours your friend works a week MIGHT not matter.
The classical story about ten thousand dollars for five minutes of work sounds like a joke, but could be a real case in IBM service business .
Whacking equipment with hammer…….. $1
Knowing exactly where and how hard to whack… $9,999March 26, 2009 at 11:08 PM #373902fsboParticipant[quote=davelj]I’m no expert on IBM by a long shot, but I’ve got a friend here in SD that works for IBM and I swear I’d be absolutely shocked if he’s worked more than an average of 10 hours a week for the last five years. He’s in sales, “works” from home, and does as close to nothing as I’ve ever seen a professional do. I think his base is around $125K and he’s made as much as $250K with bonuses and whatnot. I really like the guy – he’s a close friend – and he’ll tell you straight up that he doesn’t do shit. But it makes me wonder about what kind of controls IBM has in place and how much fat is out there. And he’s managed to survive the last couple of rounds of layoffs (although each time he’s a little concerned). Anyhow, just kind of interesting.[/quote]
As consultant, how many hours your friend works a week MIGHT not matter.
The classical story about ten thousand dollars for five minutes of work sounds like a joke, but could be a real case in IBM service business .
Whacking equipment with hammer…….. $1
Knowing exactly where and how hard to whack… $9,999March 26, 2009 at 11:08 PM #374074fsboParticipant[quote=davelj]I’m no expert on IBM by a long shot, but I’ve got a friend here in SD that works for IBM and I swear I’d be absolutely shocked if he’s worked more than an average of 10 hours a week for the last five years. He’s in sales, “works” from home, and does as close to nothing as I’ve ever seen a professional do. I think his base is around $125K and he’s made as much as $250K with bonuses and whatnot. I really like the guy – he’s a close friend – and he’ll tell you straight up that he doesn’t do shit. But it makes me wonder about what kind of controls IBM has in place and how much fat is out there. And he’s managed to survive the last couple of rounds of layoffs (although each time he’s a little concerned). Anyhow, just kind of interesting.[/quote]
As consultant, how many hours your friend works a week MIGHT not matter.
The classical story about ten thousand dollars for five minutes of work sounds like a joke, but could be a real case in IBM service business .
Whacking equipment with hammer…….. $1
Knowing exactly where and how hard to whack… $9,999March 26, 2009 at 11:08 PM #374118fsboParticipant[quote=davelj]I’m no expert on IBM by a long shot, but I’ve got a friend here in SD that works for IBM and I swear I’d be absolutely shocked if he’s worked more than an average of 10 hours a week for the last five years. He’s in sales, “works” from home, and does as close to nothing as I’ve ever seen a professional do. I think his base is around $125K and he’s made as much as $250K with bonuses and whatnot. I really like the guy – he’s a close friend – and he’ll tell you straight up that he doesn’t do shit. But it makes me wonder about what kind of controls IBM has in place and how much fat is out there. And he’s managed to survive the last couple of rounds of layoffs (although each time he’s a little concerned). Anyhow, just kind of interesting.[/quote]
As consultant, how many hours your friend works a week MIGHT not matter.
The classical story about ten thousand dollars for five minutes of work sounds like a joke, but could be a real case in IBM service business .
Whacking equipment with hammer…….. $1
Knowing exactly where and how hard to whack… $9,999March 26, 2009 at 11:08 PM #374235fsboParticipant[quote=davelj]I’m no expert on IBM by a long shot, but I’ve got a friend here in SD that works for IBM and I swear I’d be absolutely shocked if he’s worked more than an average of 10 hours a week for the last five years. He’s in sales, “works” from home, and does as close to nothing as I’ve ever seen a professional do. I think his base is around $125K and he’s made as much as $250K with bonuses and whatnot. I really like the guy – he’s a close friend – and he’ll tell you straight up that he doesn’t do shit. But it makes me wonder about what kind of controls IBM has in place and how much fat is out there. And he’s managed to survive the last couple of rounds of layoffs (although each time he’s a little concerned). Anyhow, just kind of interesting.[/quote]
As consultant, how many hours your friend works a week MIGHT not matter.
The classical story about ten thousand dollars for five minutes of work sounds like a joke, but could be a real case in IBM service business .
Whacking equipment with hammer…….. $1
Knowing exactly where and how hard to whack… $9,999March 26, 2009 at 11:42 PM #373624nostradamusParticipant[quote=enron_by_the_sea]Adding couple of small local EE-Comm employers to the layoff list
(a)Entropic cuts 55
http://tinyurl.com/dd52ev(b)Pulse~link lays off 40+
http://tinyurl.com/cup6ar
[/quote]
Bummer about entropic. Pulselink??? I’m surprised they’re still around! No more funding from Kuwait?March 26, 2009 at 11:42 PM #373907nostradamusParticipant[quote=enron_by_the_sea]Adding couple of small local EE-Comm employers to the layoff list
(a)Entropic cuts 55
http://tinyurl.com/dd52ev(b)Pulse~link lays off 40+
http://tinyurl.com/cup6ar
[/quote]
Bummer about entropic. Pulselink??? I’m surprised they’re still around! No more funding from Kuwait?March 26, 2009 at 11:42 PM #374079nostradamusParticipant[quote=enron_by_the_sea]Adding couple of small local EE-Comm employers to the layoff list
(a)Entropic cuts 55
http://tinyurl.com/dd52ev(b)Pulse~link lays off 40+
http://tinyurl.com/cup6ar
[/quote]
Bummer about entropic. Pulselink??? I’m surprised they’re still around! No more funding from Kuwait?March 26, 2009 at 11:42 PM #374123nostradamusParticipant[quote=enron_by_the_sea]Adding couple of small local EE-Comm employers to the layoff list
(a)Entropic cuts 55
http://tinyurl.com/dd52ev(b)Pulse~link lays off 40+
http://tinyurl.com/cup6ar
[/quote]
Bummer about entropic. Pulselink??? I’m surprised they’re still around! No more funding from Kuwait?March 26, 2009 at 11:42 PM #374240nostradamusParticipant[quote=enron_by_the_sea]Adding couple of small local EE-Comm employers to the layoff list
(a)Entropic cuts 55
http://tinyurl.com/dd52ev(b)Pulse~link lays off 40+
http://tinyurl.com/cup6ar
[/quote]
Bummer about entropic. Pulselink??? I’m surprised they’re still around! No more funding from Kuwait?March 27, 2009 at 12:27 AM #373649sdrealtorParticipantEverytime I see anoncements by publically traded giants for thousands of jobs I wonder how many jobs they will actually cur of the announced figure and how much they are just trying to pimp their stock price up a buck or two……….
March 27, 2009 at 12:27 AM #373932sdrealtorParticipantEverytime I see anoncements by publically traded giants for thousands of jobs I wonder how many jobs they will actually cur of the announced figure and how much they are just trying to pimp their stock price up a buck or two……….
March 27, 2009 at 12:27 AM #374104sdrealtorParticipantEverytime I see anoncements by publically traded giants for thousands of jobs I wonder how many jobs they will actually cur of the announced figure and how much they are just trying to pimp their stock price up a buck or two……….
March 27, 2009 at 12:27 AM #374148sdrealtorParticipantEverytime I see anoncements by publically traded giants for thousands of jobs I wonder how many jobs they will actually cur of the announced figure and how much they are just trying to pimp their stock price up a buck or two……….
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