Well, he didnt get laid off but the hits keep coming...
by , 12-23-2008 at 01:03 PM (140 Views)
So dh's company is trying to trim expenses rather than lay off any one else...They have already taken a 5% pay cut, with another 5-10% coming...the partners have taken a 10% cut already. They were going to furlough everyone (unpaid closure) for two weeks but they cancelled that (Thank Goodness!)...
They have ceased all bonuses, expenses (about $200 a month for us), 401K and profit sharing contributions, and now...they have cancelled parking passes! I know that sounds minor, but dh works in the city, where there is no street parking, and garages are at least $300-400 a month (passes are slightly cheaper but not much). Thats $$ we dont have to spend, especially as they are cutting pay! And dh cannot take a bus to work, though that would be more convenient, as he has a number of offsite meetings, site walkthroughs, etc that come up on short notice. Carpooling would have been a thought, but the only other person from our city just left the company to work in Boston....
I know there are many worse off, and at least we have jobs right now, but for us this is a major hit...UGH...I just have to keep saying "at least he has a job" I know...




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