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SD Transplant
ParticipantGreat question LD. Here is a quick input in my industry, IT Outsourcing & more.
1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.
2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.
4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.
5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.
I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).
Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.
SD Transplant
ParticipantGreat question LD. Here is a quick input in my industry, IT Outsourcing & more.
1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.
2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.
4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.
5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.
I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).
Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.
SD Transplant
ParticipantGreat question LD. Here is a quick input in my industry, IT Outsourcing & more.
1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.
2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.
4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.
5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.
I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).
Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.
SD Transplant
ParticipantKewp,
Funny how things have a simular trend. At some point, we might have rubbed elbows at Akamai. I’ve lost my pants in the tech bubble (last one w/ Akamai).
I bet you are up to speed the old TruSolutions/VA Linux servers then π
Ahhhhhh…….the good old days π (ping pong table in the lunch room, free vending machines, AMEX budget for travel & technical books…..lots of worthless stock options)….it’s all coming back to me now
Yes, I did go to a lower paid job after 2001 / Tech bubble, and I’ve had the same job since (lower paid but stable & allowed me to get an MBA)
SD Transplant
ParticipantKewp,
Funny how things have a simular trend. At some point, we might have rubbed elbows at Akamai. I’ve lost my pants in the tech bubble (last one w/ Akamai).
I bet you are up to speed the old TruSolutions/VA Linux servers then π
Ahhhhhh…….the good old days π (ping pong table in the lunch room, free vending machines, AMEX budget for travel & technical books…..lots of worthless stock options)….it’s all coming back to me now
Yes, I did go to a lower paid job after 2001 / Tech bubble, and I’ve had the same job since (lower paid but stable & allowed me to get an MBA)
SD Transplant
ParticipantKewp,
Funny how things have a simular trend. At some point, we might have rubbed elbows at Akamai. I’ve lost my pants in the tech bubble (last one w/ Akamai).
I bet you are up to speed the old TruSolutions/VA Linux servers then π
Ahhhhhh…….the good old days π (ping pong table in the lunch room, free vending machines, AMEX budget for travel & technical books…..lots of worthless stock options)….it’s all coming back to me now
Yes, I did go to a lower paid job after 2001 / Tech bubble, and I’ve had the same job since (lower paid but stable & allowed me to get an MBA)
SD Transplant
ParticipantKewp,
Funny how things have a simular trend. At some point, we might have rubbed elbows at Akamai. I’ve lost my pants in the tech bubble (last one w/ Akamai).
I bet you are up to speed the old TruSolutions/VA Linux servers then π
Ahhhhhh…….the good old days π (ping pong table in the lunch room, free vending machines, AMEX budget for travel & technical books…..lots of worthless stock options)….it’s all coming back to me now
Yes, I did go to a lower paid job after 2001 / Tech bubble, and I’ve had the same job since (lower paid but stable & allowed me to get an MBA)
SD Transplant
ParticipantKewp,
Funny how things have a simular trend. At some point, we might have rubbed elbows at Akamai. I’ve lost my pants in the tech bubble (last one w/ Akamai).
I bet you are up to speed the old TruSolutions/VA Linux servers then π
Ahhhhhh…….the good old days π (ping pong table in the lunch room, free vending machines, AMEX budget for travel & technical books…..lots of worthless stock options)….it’s all coming back to me now
Yes, I did go to a lower paid job after 2001 / Tech bubble, and I’ve had the same job since (lower paid but stable & allowed me to get an MBA)
SD Transplant
ParticipantAll great points about Soros. Let me give another prospective about his name/brand. When studying abroad (mostly Eastern EU), Soros is the only name that stands out vis-a-vis a serious scholarship/grant award. His name is meaningful in the academia because he finances bright minds to study abroad, regardless of financial background or race.
He is Hungarian by origin, and he provides scholarships to kids to fromvarious countries & races based on merit.
I have never read his books, and I do not know much about his life……but his brand recognition is huge.
SD Transplant
ParticipantAll great points about Soros. Let me give another prospective about his name/brand. When studying abroad (mostly Eastern EU), Soros is the only name that stands out vis-a-vis a serious scholarship/grant award. His name is meaningful in the academia because he finances bright minds to study abroad, regardless of financial background or race.
He is Hungarian by origin, and he provides scholarships to kids to fromvarious countries & races based on merit.
I have never read his books, and I do not know much about his life……but his brand recognition is huge.
SD Transplant
ParticipantAll great points about Soros. Let me give another prospective about his name/brand. When studying abroad (mostly Eastern EU), Soros is the only name that stands out vis-a-vis a serious scholarship/grant award. His name is meaningful in the academia because he finances bright minds to study abroad, regardless of financial background or race.
He is Hungarian by origin, and he provides scholarships to kids to fromvarious countries & races based on merit.
I have never read his books, and I do not know much about his life……but his brand recognition is huge.
SD Transplant
ParticipantAll great points about Soros. Let me give another prospective about his name/brand. When studying abroad (mostly Eastern EU), Soros is the only name that stands out vis-a-vis a serious scholarship/grant award. His name is meaningful in the academia because he finances bright minds to study abroad, regardless of financial background or race.
He is Hungarian by origin, and he provides scholarships to kids to fromvarious countries & races based on merit.
I have never read his books, and I do not know much about his life……but his brand recognition is huge.
SD Transplant
ParticipantAll great points about Soros. Let me give another prospective about his name/brand. When studying abroad (mostly Eastern EU), Soros is the only name that stands out vis-a-vis a serious scholarship/grant award. His name is meaningful in the academia because he finances bright minds to study abroad, regardless of financial background or race.
He is Hungarian by origin, and he provides scholarships to kids to fromvarious countries & races based on merit.
I have never read his books, and I do not know much about his life……but his brand recognition is huge.
SD Transplant
ParticipantAfter many years of being a true soccer fan, I gave in a few years ago and started following my newly adopted sport, American Football. The Chargers bearly played any football and it came closer to soccer (I mean – the kicker was the only active player on that field…..sadly so). I tell you, most of you noticed the same trend: weak and anemic schemes in our offense. How in the world do you get near PATS’ 10 yard from a goal and stumble to capitalize on a 1 yard push…..pretty lame.
At first I was angry, then I felt like….let’s get this over with. When the team was behind, the coach should have PLAYED like there is not tomorrow…and the tactics should have been more agressive. None of that transposed to the players/field.
I guess it felt like it was rigged for in the last quarter…or the Chargers gave up to early (hard to belive – based on the latest games)
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