My brother-in-law moved his My brother-in-law moved his whole family from L.A. to Boston last May so that he could take a job that he was laid off from two months later. Now they’re all stuck there because someone has a year lease on their L.A. house.
Mayer
February 2, 2009 @
5:06 PM
fredo4 wrote:My [quote=fredo4]My brother-in-law moved his whole family from L.A. to Boston last May so that he could take a job that he was laid off from two months later. Now they’re all stuck there because someone has a year lease on their L.A. house.[/quote]
DAMN!!! That sucks hardcore. Send my regards. That is one lousy ass f-ing employer to do that.
sdrealtor
February 2, 2009 @
5:15 PM
Sad to say but business has Sad to say but business has never been better for me. Distress be berry berry gud to me.
Navydoc
February 2, 2009 @
7:04 PM
Our monthly delivery numbers Our monthly delivery numbers are going up big time. Maybe enough people are losing their jobs and Kaiser insurance and are stuck with MediCal and the county hospital? Funny how a job loss in 1990 led me into this completely recession/depression proof business. People still find time to keep an obstetrician busy.
stockstradr
February 2, 2009 @
9:31 PM
I have no idea what it feels I have no idea what it feels like to walk through a real minefield, not knowing if you or your buddy will get blown up on the next footstep. I hope I never find out…
..but keeping a job in 2009 kinda feels like walking a minefield, I figure.
I work for a huge contract manufacturer on a large campus and every week someone or an entire group I know gets laid off. It seems random. I’m friggin’ surrounded by a sea of empty cubes still filled with the debris left behind by those laid off. You never know who is going to get hit next. It is BRUTAL.
Last year I was in the corporate technology group, being an on-call principle staff mechanical engineer. Then, by pure chance, I got moved into another business unit. However, a few months later over EIGHTY PERCENT were laid off in that group I had left. We are talking hundreds of people. I used up one of my cat lives surviving that.
Now my current business unit involves engineering support to the mobile phone sector, which has basically imploded with this recession. I wasn’t going to wait around to get laid off. The business unit I’m leaving employs about 20K people (mostly in China). The revenues and profits in this BU are down over 60% year-on-year. Holy crap. I figure this BU will lay off at least 10,000 people just in 2009. The overall company is said to have already laid off over 30K people globally.
Anyway, moving to the medical sector is the smart move, at least on paper / in theory. I hope I’m right. It’s all a crap shoot.
On Monday, as in seven days from now, I will be starting my new job in the medical engineering sector, leading a small mechanical engineering team designing a new medical product. It took me six weeks of interviews, their checking my references, more interviews, to eventually get this job. This is a lateral move, same salary, same company.
When I talked to my old boss today about my transitioning out of his department, he said “I’ll tell you something. A few days ago I got the order to cut 20% out of our budget. That meant I will have to lay off some of our team. I wouldn’t have laid YOU off this round but now that you are leaving you kinda saved someone’s job in our team, since I can get credit for your lost salary towards my 20% budget cut.”
I think there I used up another cat life escaping another land mine. Yikes!
2009 is going to be hell, 2010 will be rough also. This is about survival.
temeculaguy
February 2, 2009 @
11:24 PM
sdrealtor, nice garrett sdrealtor, nice garrett morris (Chico escquela) old school snl reference.
While I don’t have any relatives that have lost their jobs I have some retired ones who have had the crap kicked out of them investment wise. I worry that the travel industry is going to take the next hit because retirees are going to cut back hard.
CardiffBaseball
February 2, 2009 @
11:25 PM
Besides the fact that I don’t Besides the fact that I don’t really fancy moving to Pleasanton, I see my particular niche in need at Kaiser. Frankly with the way the electorate seems headed I can’t imagine I’d want to be working at a medical insurer. Of course they run the facilities as well, I guess they would continue if the Govt. took over as the health insurer of choice.
What do you guys make of the medical biz regarding IT?
UCGal
February 2, 2009 @
1:15 PM
I wish we could select more I wish we could select more than one.
My husband’s last day is this coming Friday. He’s an architect – and as you know… architectural billable hours are at record lows… especially in commercial work. Even bread & butter stuff like hospitals and schools aren’t doing facility work.
I am still employed – but my employer keeps announcing more and more job cuts. I expect a big announcement tomorrow when they issue their earnings. And there aren’t a lot of engineering jobs out there right now.
luxuryglow
February 2, 2009 @
1:58 PM
I own my own business and I own my own business and never had an income for a year now.I’m just breaking even. I quess, I’m considered jobless, really.
j
February 2, 2009 @
3:17 PM
I own a business and the last I own a business and the last two months have been horrible. I was hoping things would not get much worst than last year, but it is really tough now.
When will small business be too big to fail? I want to make some free money.
Instead of laying off my only part time employee (my mother), I started substitute teaching. I wonder how long until there are too many subs? Even with the sub income I’m dipping into the down payment fund.
jpinpb
February 2, 2009 @
4:23 PM
Work has slowed down for me Work has slowed down for me significantly. Treading water. Two of my cousins lost their job, one after 25 years of working there. Company relocated to another state. He’s at a loss. New career change after 25 years? Wife is still employed, but budget is tight w/two kids and the house.
My other cousin worked part time at L&T. It was just to supplement husband’s and get out of the house while two kids in school. But husband is in construction. So now they’re both stressing.
I know someone selling Porsche’s that surprisingly is actually still selling cars. Don’t know to who. Maybe drug dealers.
My g/friend lost her job in HR.
kewp
February 2, 2009 @
4:28 PM
Record applicants for the UC Record applicants for the UC this year; but we are still facing stiff budget cuts due to reduced state funding.
Seems like a tuition hikes are in order!
patientrenter
February 2, 2009 @
4:49 PM
You didn’t leave this one as You didn’t leave this one as an option:
I haven’t lost my job yet, and I don’t expect to. (I work in a public company in the financial services industry.)
I don’t have any friends or relatives who lost jobs, but I know people who have.
Ricechex
February 2, 2009 @
4:59 PM
My friend was a corporate My friend was a corporate travel manager for a medium sized company that sold medical equipment. He lost his job last May along with many others. He is still unemployed (though I don’t know how hard he is looking).
If you are looking for jobs and have financial skills, the FDIC is hiring. Serious. The CA jobs most close to SD seem to be in Irvine.
kewp wrote:Record applicants [quote=kewp]Record applicants for the UC this year; but we are still facing stiff budget cuts due to reduced state funding.
Seems like a tuition hikes are in order![/quote]
Are you a professor?
socrattt
February 4, 2009 @
10:58 AM
For the most part it seems as For the most part it seems as though only a handful of people here are seeing the destruction hit close to home. I have two grandparents who are in their mid 70’s losing their home in Fallbrook because of a couple of bad decisions, one in particular was moving home equity into the stock markets. I have an uncle who is also foreclosing and is on the brink of his company closing its doors. My sister was laid off, my mother was laid off at SAIC. My entire family has been affected by this mess.
I myself run a successful company that is working on different RE projects and alternative energy projects in Nevada. I travel back and forth from SD and have a second home in Lake Tahoe, so life isn’t all that bad. I am taking some responsibility of making sure the family is doing ok, so life has become a bit more stressful, especially having a little 8 month little boy that has more energy than you can imagine.
In about 4 or 5 months we should revisit this post and see where things are. Unfortunately I would guess that 60-70% of people here will be much worse off than they are now, including myself.
DWCAP
February 4, 2009 @
11:53 AM
socrattt wrote:For the most [quote=socrattt]For the most part it seems as though only a handful of people here are seeing the destruction hit close to home. I have two grandparents who are in their mid 70’s losing their home in Fallbrook because of a couple of bad decisions, one in particular was moving home equity into the stock markets. I have an uncle who is also foreclosing and is on the brink of his company closing its doors. My sister was laid off, my mother was laid off at SAIC. My entire family has been affected by this mess.
I myself run a successful company that is working on different RE projects and alternative energy projects in Nevada. I travel back and forth from SD and have a second home in Lake Tahoe, so life isn’t all that bad. I am taking some responsibility of making sure the family is doing ok, so life has become a bit more stressful, especially having a little 8 month little boy that has more energy than you can imagine.
In about 4 or 5 months we should revisit this post and see where things are. Unfortunately I would guess that 60-70% of people here will be much worse off than they are now, including myself. [/quote]
That is terrible. I hope for the best for your family.
Your buisness is in RE? Is it the same for your uncle and everyone else?
afx114
February 4, 2009 @
12:22 PM
As a self-employed web As a self-employed web application developer with a web-hosting business on the side, things have slowed down a bit for me, but I’m not complaining. I fully expect things to slow down more in the next couple of months. In a way it has been a blessing in disguise because it has allowed me to work on some personal projects that have been on the back burner while work was overwhelming.
I’ve had a strange sense of calm these past couple months. It’s been kinda nice, actually.
sd_bear
February 4, 2009 @
12:42 PM
My company is actually HIRING My company is actually HIRING right now, several types of engineers. Is there a way to send a private message in case anyone is looking? I’d rather not post my email or disclose where I work.
nostradamus
February 4, 2009 @
12:50 PM
deleted deleted
DWCAP
February 2, 2009 @
9:02 PM
If there happen to be any If there happen to be any biologists out there, we are hiring.
NavyDoc, you wanna leave the service and go into research Ill be interviewing all next week. (one of our specialties is fertality)
Allan from Fallbrook
February 4, 2009 @
11:21 AM
Socratt: Sorry to hear about Socratt: Sorry to hear about your grandparents house in Fallbrook. Speaking only locally (Fallbrook and Bonsall), the stress is really starting to hit home.
Several of the kids I coach have already moved out of town; in some instances to a cheaper locale (generally Temecula, Vista or Escondido) where they’re renting, or out of California in others.
Businesses locally have shuttered, and the one decent steakhouse we had, Baxter’s, has gone under. A friend of mine knew the owner and he reported that business had literally evaporated in the last 12 months or so.
And I definitely agree with your assertion that the worst is yet to come.
Coronita
February 4, 2009 @
1:11 PM
Work is piling up for Work is piling up for me…Unfortunately, people aren’t just willing to pay more for it 🙂
fredo4
February 4, 2009 @
1:12 PM
We own a woodworking plan We own a woodworking plan business that’s been around for 60 years (we bought it from the owner who died). Business was great for years but has been slowly fading (we think) because our customers are dying off and aren’t being replaced because of cuts in woodworking classes in public schools.
Lately business has been so bad that we developed a new business in response to the crumbling economy. We figure that people are going to want to unload stuff fast for cash. This is just the test site. The real site should be up next month.
So is it a cross between So is it a cross between E-bay and Craig’s list?
fredo4
February 4, 2009 @
5:16 PM
It’s closer to ebay. The It’s closer to ebay. The difference is that we’ll charge a $3.00 flat fee instead of a percentage of the listing price. Also you can choose your buyer, so it speeds up the bidding process and you have a better chance of picking up a bargain if the seller needs cash and sells right away.
I don’t know what the web guys are doing to it right now- the site looks completely different then it did two hours ago. If you look at it again tomorrow it’ll probably be back to normal.
socrattt
February 4, 2009 @
7:32 PM
DWCAP and Allan, thanks for DWCAP and Allan, thanks for the reply. To be honest the family is optimistic and I think everyone will pull through just fine. It’s just a bummer to see what happens when you decide to invest in a giant ponzi scheme (aka the stock market). My grandparents definitely have it the worst, but I am doing my best to make sure everything goes over smoothly and they have a place to stay! I am the only one in the family doing business in alt energy in NV. The other family members were involved in residential RE in northern SFV in LA.
These times are definitely humbling to say the least, but America needs to be humbled in the worst way. I think that many are still oblivious to what is just around the corner. We are all blessed each day to have what we have. We live in the most beautiful city in the world IMHO. America needs to wake up and realize what they have before it’s gone!! I wish all of you the best as times get even more difficult in the upcoming months!
fredo4
February 2, 2009 @ 12:47 PM
My brother-in-law moved his
My brother-in-law moved his whole family from L.A. to Boston last May so that he could take a job that he was laid off from two months later. Now they’re all stuck there because someone has a year lease on their L.A. house.
Mayer
February 2, 2009 @ 5:06 PM
fredo4 wrote:My
[quote=fredo4]My brother-in-law moved his whole family from L.A. to Boston last May so that he could take a job that he was laid off from two months later. Now they’re all stuck there because someone has a year lease on their L.A. house.[/quote]
DAMN!!! That sucks hardcore. Send my regards. That is one lousy ass f-ing employer to do that.
sdrealtor
February 2, 2009 @ 5:15 PM
Sad to say but business has
Sad to say but business has never been better for me. Distress be berry berry gud to me.
Navydoc
February 2, 2009 @ 7:04 PM
Our monthly delivery numbers
Our monthly delivery numbers are going up big time. Maybe enough people are losing their jobs and Kaiser insurance and are stuck with MediCal and the county hospital? Funny how a job loss in 1990 led me into this completely recession/depression proof business. People still find time to keep an obstetrician busy.
stockstradr
February 2, 2009 @ 9:31 PM
I have no idea what it feels
I have no idea what it feels like to walk through a real minefield, not knowing if you or your buddy will get blown up on the next footstep. I hope I never find out…
..but keeping a job in 2009 kinda feels like walking a minefield, I figure.
I work for a huge contract manufacturer on a large campus and every week someone or an entire group I know gets laid off. It seems random. I’m friggin’ surrounded by a sea of empty cubes still filled with the debris left behind by those laid off. You never know who is going to get hit next. It is BRUTAL.
Last year I was in the corporate technology group, being an on-call principle staff mechanical engineer. Then, by pure chance, I got moved into another business unit. However, a few months later over EIGHTY PERCENT were laid off in that group I had left. We are talking hundreds of people. I used up one of my cat lives surviving that.
Now my current business unit involves engineering support to the mobile phone sector, which has basically imploded with this recession. I wasn’t going to wait around to get laid off. The business unit I’m leaving employs about 20K people (mostly in China). The revenues and profits in this BU are down over 60% year-on-year. Holy crap. I figure this BU will lay off at least 10,000 people just in 2009. The overall company is said to have already laid off over 30K people globally.
Anyway, moving to the medical sector is the smart move, at least on paper / in theory. I hope I’m right. It’s all a crap shoot.
On Monday, as in seven days from now, I will be starting my new job in the medical engineering sector, leading a small mechanical engineering team designing a new medical product. It took me six weeks of interviews, their checking my references, more interviews, to eventually get this job. This is a lateral move, same salary, same company.
When I talked to my old boss today about my transitioning out of his department, he said “I’ll tell you something. A few days ago I got the order to cut 20% out of our budget. That meant I will have to lay off some of our team. I wouldn’t have laid YOU off this round but now that you are leaving you kinda saved someone’s job in our team, since I can get credit for your lost salary towards my 20% budget cut.”
I think there I used up another cat life escaping another land mine. Yikes!
2009 is going to be hell, 2010 will be rough also. This is about survival.
temeculaguy
February 2, 2009 @ 11:24 PM
sdrealtor, nice garrett
sdrealtor, nice garrett morris (Chico escquela) old school snl reference.
While I don’t have any relatives that have lost their jobs I have some retired ones who have had the crap kicked out of them investment wise. I worry that the travel industry is going to take the next hit because retirees are going to cut back hard.
CardiffBaseball
February 2, 2009 @ 11:25 PM
Besides the fact that I don’t
Besides the fact that I don’t really fancy moving to Pleasanton, I see my particular niche in need at Kaiser. Frankly with the way the electorate seems headed I can’t imagine I’d want to be working at a medical insurer. Of course they run the facilities as well, I guess they would continue if the Govt. took over as the health insurer of choice.
What do you guys make of the medical biz regarding IT?
UCGal
February 2, 2009 @ 1:15 PM
I wish we could select more
I wish we could select more than one.
My husband’s last day is this coming Friday. He’s an architect – and as you know… architectural billable hours are at record lows… especially in commercial work. Even bread & butter stuff like hospitals and schools aren’t doing facility work.
I am still employed – but my employer keeps announcing more and more job cuts. I expect a big announcement tomorrow when they issue their earnings. And there aren’t a lot of engineering jobs out there right now.
luxuryglow
February 2, 2009 @ 1:58 PM
I own my own business and
I own my own business and never had an income for a year now.I’m just breaking even. I quess, I’m considered jobless, really.
j
February 2, 2009 @ 3:17 PM
I own a business and the last
I own a business and the last two months have been horrible. I was hoping things would not get much worst than last year, but it is really tough now.
When will small business be too big to fail? I want to make some free money.
Instead of laying off my only part time employee (my mother), I started substitute teaching. I wonder how long until there are too many subs? Even with the sub income I’m dipping into the down payment fund.
jpinpb
February 2, 2009 @ 4:23 PM
Work has slowed down for me
Work has slowed down for me significantly. Treading water. Two of my cousins lost their job, one after 25 years of working there. Company relocated to another state. He’s at a loss. New career change after 25 years? Wife is still employed, but budget is tight w/two kids and the house.
My other cousin worked part time at L&T. It was just to supplement husband’s and get out of the house while two kids in school. But husband is in construction. So now they’re both stressing.
I know someone selling Porsche’s that surprisingly is actually still selling cars. Don’t know to who. Maybe drug dealers.
My g/friend lost her job in HR.
kewp
February 2, 2009 @ 4:28 PM
Record applicants for the UC
Record applicants for the UC this year; but we are still facing stiff budget cuts due to reduced state funding.
Seems like a tuition hikes are in order!
patientrenter
February 2, 2009 @ 4:49 PM
You didn’t leave this one as
You didn’t leave this one as an option:
I haven’t lost my job yet, and I don’t expect to. (I work in a public company in the financial services industry.)
I don’t have any friends or relatives who lost jobs, but I know people who have.
Ricechex
February 2, 2009 @ 4:59 PM
My friend was a corporate
My friend was a corporate travel manager for a medium sized company that sold medical equipment. He lost his job last May along with many others. He is still unemployed (though I don’t know how hard he is looking).
If you are looking for jobs and have financial skills, the FDIC is hiring. Serious. The CA jobs most close to SD seem to be in Irvine.
http://www.usajobs.opm.gov
Eugene
February 3, 2009 @ 2:57 AM
kewp wrote:Record applicants
[quote=kewp]Record applicants for the UC this year; but we are still facing stiff budget cuts due to reduced state funding.
Seems like a tuition hikes are in order![/quote]
Are you a professor?
socrattt
February 4, 2009 @ 10:58 AM
For the most part it seems as
For the most part it seems as though only a handful of people here are seeing the destruction hit close to home. I have two grandparents who are in their mid 70’s losing their home in Fallbrook because of a couple of bad decisions, one in particular was moving home equity into the stock markets. I have an uncle who is also foreclosing and is on the brink of his company closing its doors. My sister was laid off, my mother was laid off at SAIC. My entire family has been affected by this mess.
I myself run a successful company that is working on different RE projects and alternative energy projects in Nevada. I travel back and forth from SD and have a second home in Lake Tahoe, so life isn’t all that bad. I am taking some responsibility of making sure the family is doing ok, so life has become a bit more stressful, especially having a little 8 month little boy that has more energy than you can imagine.
In about 4 or 5 months we should revisit this post and see where things are. Unfortunately I would guess that 60-70% of people here will be much worse off than they are now, including myself.
DWCAP
February 4, 2009 @ 11:53 AM
socrattt wrote:For the most
[quote=socrattt]For the most part it seems as though only a handful of people here are seeing the destruction hit close to home. I have two grandparents who are in their mid 70’s losing their home in Fallbrook because of a couple of bad decisions, one in particular was moving home equity into the stock markets. I have an uncle who is also foreclosing and is on the brink of his company closing its doors. My sister was laid off, my mother was laid off at SAIC. My entire family has been affected by this mess.
I myself run a successful company that is working on different RE projects and alternative energy projects in Nevada. I travel back and forth from SD and have a second home in Lake Tahoe, so life isn’t all that bad. I am taking some responsibility of making sure the family is doing ok, so life has become a bit more stressful, especially having a little 8 month little boy that has more energy than you can imagine.
In about 4 or 5 months we should revisit this post and see where things are. Unfortunately I would guess that 60-70% of people here will be much worse off than they are now, including myself. [/quote]
That is terrible. I hope for the best for your family.
Your buisness is in RE? Is it the same for your uncle and everyone else?
afx114
February 4, 2009 @ 12:22 PM
As a self-employed web
As a self-employed web application developer with a web-hosting business on the side, things have slowed down a bit for me, but I’m not complaining. I fully expect things to slow down more in the next couple of months. In a way it has been a blessing in disguise because it has allowed me to work on some personal projects that have been on the back burner while work was overwhelming.
I’ve had a strange sense of calm these past couple months. It’s been kinda nice, actually.
sd_bear
February 4, 2009 @ 12:42 PM
My company is actually HIRING
My company is actually HIRING right now, several types of engineers. Is there a way to send a private message in case anyone is looking? I’d rather not post my email or disclose where I work.
nostradamus
February 4, 2009 @ 12:50 PM
deleted
deleted
DWCAP
February 2, 2009 @ 9:02 PM
If there happen to be any
If there happen to be any biologists out there, we are hiring.
NavyDoc, you wanna leave the service and go into research Ill be interviewing all next week. (one of our specialties is fertality)
Allan from Fallbrook
February 4, 2009 @ 11:21 AM
Socratt: Sorry to hear about
Socratt: Sorry to hear about your grandparents house in Fallbrook. Speaking only locally (Fallbrook and Bonsall), the stress is really starting to hit home.
Several of the kids I coach have already moved out of town; in some instances to a cheaper locale (generally Temecula, Vista or Escondido) where they’re renting, or out of California in others.
Businesses locally have shuttered, and the one decent steakhouse we had, Baxter’s, has gone under. A friend of mine knew the owner and he reported that business had literally evaporated in the last 12 months or so.
And I definitely agree with your assertion that the worst is yet to come.
Coronita
February 4, 2009 @ 1:11 PM
Work is piling up for
Work is piling up for me…Unfortunately, people aren’t just willing to pay more for it 🙂
fredo4
February 4, 2009 @ 1:12 PM
We own a woodworking plan
We own a woodworking plan business that’s been around for 60 years (we bought it from the owner who died). Business was great for years but has been slowly fading (we think) because our customers are dying off and aren’t being replaced because of cuts in woodworking classes in public schools.
Lately business has been so bad that we developed a new business in response to the crumbling economy. We figure that people are going to want to unload stuff fast for cash. This is just the test site. The real site should be up next month.
http://msit.smartzsites.com/index.php
Aecetia
February 4, 2009 @ 3:18 PM
So is it a cross between
So is it a cross between E-bay and Craig’s list?
fredo4
February 4, 2009 @ 5:16 PM
It’s closer to ebay. The
It’s closer to ebay. The difference is that we’ll charge a $3.00 flat fee instead of a percentage of the listing price. Also you can choose your buyer, so it speeds up the bidding process and you have a better chance of picking up a bargain if the seller needs cash and sells right away.
I don’t know what the web guys are doing to it right now- the site looks completely different then it did two hours ago. If you look at it again tomorrow it’ll probably be back to normal.
socrattt
February 4, 2009 @ 7:32 PM
DWCAP and Allan, thanks for
DWCAP and Allan, thanks for the reply. To be honest the family is optimistic and I think everyone will pull through just fine. It’s just a bummer to see what happens when you decide to invest in a giant ponzi scheme (aka the stock market). My grandparents definitely have it the worst, but I am doing my best to make sure everything goes over smoothly and they have a place to stay! I am the only one in the family doing business in alt energy in NV. The other family members were involved in residential RE in northern SFV in LA.
These times are definitely humbling to say the least, but America needs to be humbled in the worst way. I think that many are still oblivious to what is just around the corner. We are all blessed each day to have what we have. We live in the most beautiful city in the world IMHO. America needs to wake up and realize what they have before it’s gone!! I wish all of you the best as times get even more difficult in the upcoming months!