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Has your office / company laid people off or are you expecting layoffs? PART 8 - Page 11 - Beyond.ca - Car Forums

View Poll Results: What is your current employment status?

Voters
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  • I was laid off and haven't found SIMILAR work yet

    2 1.69%
  • I was laid off and found a new job in the same industry

    10 8.47%
  • I was laid off and found a new job/career in a different industry

    7 5.93%
  • I'm still plugging along with the same company I've always been with

    61 51.69%
  • I quit my job and went elsewhere

    15 12.71%
  • We're all fucked

    25 21.19%
  • Other

    3 2.54%
Multiple Choice Poll.
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Thread: Has your office / company laid people off or are you expecting layoffs? PART 8

  1. #201
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    Quote Originally Posted by vengie View Post
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    20% wage rollback effective January 16...
    I hate this industry.
    n:

    Wow man, sorry to hear that. I couldn't imagine a 20% wage rollback
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  2. #202
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    I remember getting hit with a 15 percent roll back in 2009, sucked. Luckily it was short lived, I switched from staff to contract shortly after.
    Quote Originally Posted by flipstah View Post
    You can't score on shots you don't take.

  3. #203
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    Quote Originally Posted by vengie View Post
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    20% wage rollback effective January 16...
    I hate this industry.
    I got a 17% back in 2016 - I negotiated it to I think 13% but it wasn't great. They also took away our Health Spending accounts, Personal Spending Accounts, STIP, LTIP, and 9% RRSP matching - all combined was more like a 50-60% pay cut. Needless to say I didn't stay there long, but if all you got was 20% salary cut, that's obviously super disappointing, but it could be a lot worse. At least you have the luxury of being able to look for a new job while you're still getting a pay check. Where I have worked in the past, they aren't too thrilled about raising it back up when things get better either, so it might be time to start looking - they lose all the good people when they do that though, but a lot of companies DGAF.

    I used to work for a small private company that was Chinese owned, we had management meetings about how the new philosophy was to get people to work way harder for way less money, with the dream of one day being successful LOL. I left ASAP and I think there are less than 5 of the original 100 people or so still working there, and every single one of them are job hunting still.
    Last edited by Mitsu3000gt; 01-14-2019 at 11:46 AM.

  4. #204
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    Quote Originally Posted by Mitsu3000gt View Post
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    I got a 17% back in 2016 - I negotiated it to I think 13% but it wasn't great. They also took away our Health Spending accounts, Personal Spending Accounts, STIP, LTIP, and 9% RRSP matching - all combined was more like a 50-60% pay cut. Needless to say I didn't stay there long, but if all you got was 20% salary cut, that's obviously super disappointing, but it could be a lot worse. At least you have the luxury of being able to look for a new job while you're still getting a pay check. Where I have worked in the past, they aren't too thrilled about raising it back up when things get better either, so it might be time to start looking - they lose all the good people when they do that though, but a lot of companies DGAF.

    I used to work for a small private company that was Chinese owned, we had management meetings about how the new philosophy was to get people to work way harder for way less money, with the dream of one day being successful LOL. I left ASAP and I think there are less than 5 of the original 100 people or so still working there, and every single one of them are job hunting still.
    This is the 4th time in the past 5 years pay cuts have been implemented (however not this deep), in 2015 I had an 18% cut.

    To be honest I am looking at this more as the kick in the ass to head back to school and take night classes. Unfortunately my education is pretty specific to this industry and I'll be stuck in the perpetual cycle unless I change something... The definition of insanity right?

    Time to diversify.

  5. #205
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    Quote Originally Posted by vengie View Post
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    Time to diversify.
    Short term pain; long term gain hopefully!
    Sorry to hear about the cuts.

  6. #206
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    Quote Originally Posted by sabad66 View Post
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    I'm actually pretty curious on enrollment for the different engineering disciplines at the U of C. My understanding is:
    - early 90s it was an even mix
    - mid-late 90s during dot-com boom Zoo (software/computer/electrical) were most desired
    - 2000-2014 Zoo was generally least desired with chem/o&g/mech as the most desired

    Anyone have any insight on what it's like today? Are Chem and O&G still the hardest to get into or people shifting back towards Zoo?
    It's back to software being most sought after. I was told GPA requirement was close to chem's back in the O&G boom days. Quite a change whereas Software was a 2.0 GPA (apply and you got in) when I was taking engineering.

    TL

  7. #207
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    Quote Originally Posted by Little Dragon View Post
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    It's back to software being most sought after. I was told GPA requirement was close to chem's back in the O&G boom days. Quite a change whereas Software was a 2.0 GPA (apply and you got in) when I was taking engineering.
    that's funny, at least when zoo was 2.0 you still could get a job after you graduate, maybe not high paying. but if you suck at school you're sent to oil and gas eng/chem which is a death sentence for your career.

  8. #208
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    Quote Originally Posted by vengie View Post
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    20% wage rollback effective January 16...
    I hate this industry.
    Obviously not a provincial government employee.
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  9. #209
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    Are you still on the well servicing side of things Vengie? Any clues as to who you might work for? I know a pile of the frac companies are doing different things with schedules, cutting back crews, reparking equipment right now. Just curious if anyone was touching wages yet in that world.
    Originally posted by rage2
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    Meh, they all look like Jackie Chan to me
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    You dudes have some squeaky clean assholes. I commend you.

  10. #210
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    Quote Originally Posted by schurchill39 View Post
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    Are you still on the well servicing side of things Vengie? Any clues as to who you might work for? I know a pile of the frac companies are doing different things with schedules, cutting back crews, reparking equipment right now. Just curious if anyone was touching wages yet in that world.
    Still on the servicing side yes.

    I have heard there have been layoffs in all pumping services, and I believe STEP is backing off on their day rates they were offering, even though they were just awarded two fairly large contracts (who knows what the pricing looks like though...).

    Are you still in it?

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