Off-Topic: There goes 30+ jobs

Sabine Lake Topics

(Sabine Lake Specific)

2 messages

Updated 1/1/2010 9:12:24 PM

Off-Topic

Lakes Online Forum

84,112 messages

Updated 11/14/2024 9:20:00 PM

Boat Maintenance

Lakes Online Forum

5,204 messages

Updated 9/14/2024 10:10:50 AM

Sabine Lake Fishing

(Sabine Lake Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,172 messages

Updated 9/9/2024 5:04:44 PM

Sports

Lakes Online Forum

4,262 messages

Updated 11/6/2024 6:43:09 PM

Grilling & Recipes

Lakes Online Forum

2,979 messages

Updated 6/26/2024 5:03:03 AM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	MartiniMan -
	Subject:	There goes 30+ jobs
	Date:	4/14/2009 2:54:50 PM

I appreciate the sympathy. Frankly it breaks my heart to have to make these changes and it was not what I went into business to do. We have a temporary staffing company that we can move them into so they have a softer landing but either way it is a big disruption to their lives and I hate it.

The reason I have to lay off 10 people is that with the general slowdown of the economy our backlog of work has gone down. In normal years we could use retained earnings to carry marginal people rather than having to aggressively protect profits by reducing our payroll costs along with reductions in our revenue. Because of the amount of cash that I have to pay out tomorrow I will be near the limit on my line of credit and I simply can't afford to carry marginal performers like I was able to in past years. Even though 10 people represents a small percentage of our overall staff every one of them is a person with a family, living expenses, etc.

No I don't blame Obama and in fact I studiously avoided blaming him. I did say and I emphatically reiterate that it will be much worse if he gets his way on spending and taxes and next time it may be more people that will lose their jobs. I resent the entire tax scheme that fails to take into account how small businesses succeed and grow. I may be the one hit with a big tax bill but I am not going to lose my job. Regular working people that I have provided a good living to for many years are the ones that lose.

That is why all the class envy crap about sticking it to the rich only suckers in the very people that get screwed over when the actual ramifications of our tax structure come into play. And yet they continue to vote for tax and spend politicians of both parties because they are told the lie that they can live at the expense of everyone else.

Other messages in this thread:

View Entire Thread

There goes 30+ jobs - MartiniMan - 4/14/2009 9:49:22 AM

There goes 30+ jobs - water_watcher - 4/14/2009 11:52:39 AM

There goes 30+ jobs - Summer Lover - 4/14/2009 12:00:18 PM

There goes 30+ jobs - Talullahhound - 4/14/2009 2:38:40 PM

There goes 30+ jobs - MartiniMan - 4/14/2009 2:54:50 PM

I'm glad - Talullahhound - 4/14/2009 4:39:02 PM

You mean.... - roswellric - 4/15/2009 9:01:43 AM

You mean.... - Talullahhound - 4/15/2009 9:52:02 AM

Quick Links
Sabine Lake News
Sabine Lake Photos
Sabine Lake Videos