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What Are The Odds Of Your Company Going Bankrupt?  
User currently offlineUTA_flyinghigh From Tunisia, joined Oct 2001, 6495 posts, RR: 50
Posted (11 years 1 month 2 weeks 3 days 2 hours ago) and read 1881 times:

I work Gateway tech/business support in an outsourcing company and the contract ends in August 2004, so after that...
How about you ?
Will


Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
19 replies: All unread, jump to last
 
User currently offline707cmf From France, joined Mar 2002, 4885 posts, RR: 29
Reply 1, posted (11 years 1 month 2 weeks 3 days 2 hours ago) and read 1876 times:

We've just been bought by another con-pany (pun intended). So, we should stay alive a bit.

However, last time it happened ,we died about 9 months later.
So... outlooking not looking good

707


User currently offlineKROC From , joined Dec 1969, posts, RR:
Reply 2, posted (11 years 1 month 2 weeks 2 days 23 hours ago) and read 1863 times:

Zero.

Signed, LHMark


User currently offlineAlpha 1 From , joined Dec 1969, posts, RR:
Reply 3, posted (11 years 1 month 2 weeks 2 days 22 hours ago) and read 1857 times:

"There's no chance AA will go bankrupt. They're perfect. They're in great shape."

Signed,

Ladevale, Anet member.


User currently offlineLHMark From United States of America, joined Jan 2000, 7255 posts, RR: 46
Reply 4, posted (11 years 1 month 2 weeks 2 days 20 hours ago) and read 1850 times:

95%

Signed, LHMark



"Sympathy is something that shouldn't be bestowed on the Yankees. Apparently it angers them." - Bob Feller
User currently offlineB757300 From United States of America, joined Dec 2000, 4114 posts, RR: 22
Reply 5, posted (11 years 1 month 2 weeks 2 days 20 hours ago) and read 1847 times:

None, I work for the State of Texas but layoffs by the new a-hole agency director, are quite possible.


"There is no victory at bargain basement prices."
User currently offlineRJ100 From Switzerland, joined Nov 2000, 4121 posts, RR: 29
Reply 6, posted (11 years 1 month 2 weeks 2 days 19 hours ago) and read 1842 times:

I'm working part time for an international agrobusiness company which employs more than 20000 people worldwide, annual revenue is $ 6.2 billions and profit is a few hundred millions $.

The possibility that they will go out of business is 0% (but that doesn't mean that everyone's job is safe...)

RJ100



none
User currently offlineAlessandro From , joined Dec 1969, posts, RR:
Reply 7, posted (11 years 1 month 2 weeks 2 days 17 hours ago) and read 1832 times:

Been a close call a few times for the company that I sold my soul to, but our
customers keep coming so I say that "the show will go on"....


User currently offlineIwantaBBJ From Switzerland, joined Jun 2002, 777 posts, RR: 4
Reply 8, posted (11 years 1 month 2 weeks 2 days 17 hours ago) and read 1825 times:
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Well, my company I work for was once British... Then, last year in December, we were bought by an American investment cooperation, which "accidentally" also owns our biggest competitor... Now, branches in some countries such as France and Austria were closed, others (ie. Germany) were merged together...

Due to our size, nobody really bothered to clarify our situation here, but today we were informed that we are going to be merged with that other company... Ours will be maintained, while the others' employees have to go. Only a few of them will eventually be transferred to us.... Sad story, but happens every day!

Michael


User currently offlineYbacpa From United States of America, joined Feb 2001, 1108 posts, RR: 1
Reply 9, posted (11 years 1 month 2 weeks 2 days 16 hours ago) and read 1816 times:

Pretty darn good, hence why I'm currently looking for a new job.


SkyTeam: The alliance for third rate airlines finally getting their act together!
User currently offlineScarletHarlot From Canada, joined Jul 2003, 4673 posts, RR: 56
Reply 10, posted (11 years 1 month 2 weeks 2 days 15 hours ago) and read 1811 times:

Our parent company recently sold us to a competitor...guess we weren't doing well enough for them. For some stupid reason they are closing the office that made money and leaving open the office that lost money. Great logic, eh?

As a result of this, all 75 of us here in Seattle are being laid off. Our other office lost 150 but that still leaves them 450.

No chance that our parent company will go bankrupt. They have brought in a program called "Project Excellence" that saves money by laying people off. We call it Project Flatulence.



But that was when I ruled the world
User currently offlineUPSfueler From United States of America, joined May 2003, 430 posts, RR: 0
Reply 11, posted (11 years 1 month 2 weeks 2 days 15 hours ago) and read 1806 times:

United Airlines: Bankrupt. Does that answer your question?

User currently offlineN6376m From , joined Dec 1969, posts, RR:
Reply 12, posted (11 years 1 month 2 weeks 2 days 14 hours ago) and read 1797 times:

Depends - are we assuming that a Democrat wins next year?

User currently offlineLindy From , joined Dec 1969, posts, RR:
Reply 13, posted (11 years 1 month 2 weeks 2 days 14 hours ago) and read 1795 times:

Slim to none  Smile

But don't say hop untill you jump. In 1996 US Federal Government was closed for 3 weeks. (At least Department that I work for)

Rafal


User currently offlineN6376m From , joined Dec 1969, posts, RR:
Reply 14, posted (11 years 1 month 2 weeks 2 days 14 hours ago) and read 1792 times:

Rafal,

When the Federal Government was closed in 1996, didn't you get paid after the dispute was settled? If so, doesn't that make it an additional 3 weeks of vacation?

-76M


User currently offlineLindy From , joined Dec 1969, posts, RR:
Reply 15, posted (11 years 1 month 2 weeks 2 days 13 hours ago) and read 1786 times:

I didn't get paid because I started my work second day after they turned back to work. Yesterday was my 7th aniversary at work.
I was lucky that my friend hooked me up right here.
This is a dream job. Not money wise, but work wise  Smile Its just a paradise.
3 more years and I will change my job. So 3 more years on paid vacations  Big grin

Rafal


User currently offlineN6376m From , joined Dec 1969, posts, RR:
Reply 16, posted (11 years 1 month 2 weeks 2 days 13 hours ago) and read 1783 times:

So your case excluded, weren't most other employees who had been there more than a day or two paid for the time the government was shut down?

User currently offlineLindy From , joined Dec 1969, posts, RR:
Reply 17, posted (11 years 1 month 2 weeks 2 days 13 hours ago) and read 1779 times:

Ok, I just spoke with a person that was here before me and he told me that they were off for 5 weeks and when they came back to work they got paid for that time.
He said that it wasn't really fun time. Everybody was nervous and nobody enjoyed that 5 weeks.

Rafal


User currently offlineN6376m From , joined Dec 1969, posts, RR:
Reply 18, posted (11 years 1 month 2 weeks 2 days 12 hours ago) and read 1774 times:

Rafal -

Thanks for the info

So at the end of the day, they got an extra 5 weeks of paid vacation (though they had to fret about it until it was "officially" announced).

I don't know why they worried about it. If memory serves me, the federal government has never had a shut down where it didn't pay its workers for the down time

-76M


User currently offlineMarcus From Mexico, joined Apr 2001, 1808 posts, RR: 2
Reply 19, posted (11 years 1 month 2 weeks 2 days 10 hours ago) and read 1768 times:

When Toyota goes bankrupt I will start looking for another job.  Smile


Kids!....we are going to the happiest place on earth...TIJUANA! signed: Krusty the Clown
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