Layoffs begin

[Trip]

Originally Posted by RACER X

well i was asking the O/P what kinda firm his was, but yeah my firm also builds nukes and if oil goes away thats what i'm hoping is our next big projects. we are already expanding the south texas nuke project.

I need to get down to South Texas sometime, they have the same type setup for my job here. Do a benchmarking trip.

[fatburg]

Electrical Engineer in a Consulting firm, do mainly power plant work. The problem with nuke design for new stuff is that our new fearless leader doesn't want it. That part of the problem, we just bought out Washington group to get their nuke experience, and now we won't need it in a year. oops

Hey Trip, trust me, I've been talking like crazy to get L to stay out here but don't see it happening. Guess I'll have to treenter the world of cubical farms I hate so fricken much.

I should know more this afternoon if I need to start looking or not.

[RACER X]

hey hey, i'm an elec. designer in a cube farm.

if your interested in moving let me know.

[fatburg]

Originally Posted by RACER X

hey hey, i'm an elec. designer in a cube farm.

if your interested in moving let me know.

appreciate it, but wife ain't gonna let me leave KC or I would be staying out here.

**of course I might not have a choice after today. But there are 6 large firms in KC, kind of the engineering consulting mecca oddly enough.

[RACER X]

define large? lol my outfit has 3500 empl. in the houston branch,

come to houston, home of large eng. lol

[speedylocksmith]

it gets worse and worse......


http://news.yahoo.com/s/nm/20081211/...conomy_jobless

WASHINGTON (Reuters) – The number of U.S. workers filing new claims for jobless benefits surged to a 26-year high last week, Labor Department data showed on Thursday, as a deepening recession forced employers to cut back on hirings.

Initial claims for state unemployment insurance benefits jumped by 58,000, the biggest increase since September 2005, to a seasonally adjusted 573,000 in the week ended December 6 from an upwardly revised 515,000 the previous week. That was the highest print since November 1982, when 612,000 workers submitted new claims for unemployment benefits.

A Labor Department official said there were no special factors influencing the report. Analysts polled by Reuters had forecast 525,000 new claims versus a previously reported figure of 509,000 the week before.

The four-week moving average of new jobless claims, a better gauge of underlying labor trends because it smoothes out week-to-week volatility, rose to 540,500 from 526,250 the prior week, the highest since December 18, 1982 when a reading of 554,500 was recorded.

Continuing claims jumped to 4.43 million in the week ended November 29, also a 26-year high, from 4.09 million the previous week. The 338,000 increase in continuing claims matched the gain recorded in the week ended November 30, 1974.

[fatburg]

Originally Posted by RACER X

define large? lol my outfit has 3500 empl. in the houston branch,

come to houston, home of large eng. lol

3500 is about mid-size for KC.

Either way, i'm going into pay-off bill mode full throttle now just in case. Got 6 more months of field pay to get ahead.

Anyone want to buy a DRZ?? Might make a good deal for ya. haha

[Angee]

That sucks...good luck with the hunt!

A friend of ours works for Pitney Bowes/Map Info and they just laid off 128 people in two offices up here. He got lucky, as he's in management. Three others in the same group of friends are jobless as well. It really sucks. I just hope they don't decide to start cutting here, as I'd be the first to go.

[azoomm]

Two industries to be happy in right now...

Oil and Gas

Medical Implants.

[RACER X]

Originally Posted by fatburg

3500 is about mid-size for KC.

so whats KC ?