At 10:06 AM -0500 12/2/98, Brent Eades wrote:
>On 1 Dec 98, Kathy E. Gill wrote:
>
>> ah ... i'm behind here. have they made another cut announcement? i'm on my
>> first day of holiday and haven't read the paper or listened to news today.
>
>Yeah, it's the lead story on CNN's Web site this morning. 20,000 more
>jobs cut on top of the 28,000 announced last summer. The stock market
>is apparently all a-quiver in response.
>
> http://www.cnn.com/
i just talked w/a friend at the company. she tells me it's 20,000 people
projected [no pink slips, just projections] over the Next Three Years <!>.
Heard that on the news here, too.
Folks, this is less than 10% of their workforce! Attrition would do this.
Now - does this mean that Boeing is anticipating a soft Asian market for
some time? Maybe.
But anyone who thinks the US economy is "robust" doesn't read the same ads
that I do. A friend just bought a new Ford Explorer at 0.9% interest (yes
you read that right) over a 4-year period - and for $500 over dealer
invoice. But our economy isn't soft. Right. And I'm the pope.
At 8:17 AM -0500 12/2/98, Rainmaker wrote:
>At 09:37 PM 12/1/98 -0800, Kathy E. Gill so eloquently stated:
>>At 12:21 PM +1000 12/2/98, Bruce Young wrote:
>>>Hi Kathy
>>>
>>>Are you one of the 48,000??
>A total of 48,000 people let go -- two waves of 20,000 and
>28,000. I would suspect that contractors have a better chance
>for survival than does employees.
logically you're right. but logic doesn't hold at Boeing. ;-)
first loyalty is to "real employees." thus, contractors are let go with
little or no regard for their work or contribution. remember me in august.
our VP said "all contractors out in a week" regardless of their work
statements. or if they are more productive employees than "employees." no
evaluation.
At 12:16 PM -0500 12/2/98, Bob Munck wrote:
>> -----Original Message-----
>> From: [EMAIL PROTECTED] On Behalf Of Rainmaker
>> Sent: Wednesday, December 02, 1998 8:17 AM
>
>> ... I would suspect that contractors have a better chance
>> for survival than does employees. ... Seems without benefits,
>> large companies can work different deals into their budget.
>
>Contractor fees often come from different budget items or
>different budgets and may have different formulae for overhead,
>G&A, and profit. The costs may have different effects on various
>manager's performance ratings and bonus. Finally, the corporate
>myth of "employee loyalty" applies differently to consultants.
<chuckle> yes - one high official sent a note out saying how appalled he
was that contractors had been allowed to have positions of importance where
their skill sets were integral to a program's success.
contractors are on a different budget line than employees. totally
different. so if you've set your manager's reward system up right (or
wrong) you can induce the manager to use contractors instead of employees -
just because of how it looks on budgets.
>An important point for this list: a company that's shedding
>employees may have work that consultants can do, budget to hire
>them, and the corporate will to do so. Freeing up office space
>is often a part of "downsizing," so it helps if you are able to
>work from home (or your own office) with the right equipment and
>a high-speed connection to the corporate WAN.
yes. but this is not the case here. few, if any, contractors are allowed to
work offsite and connect thru the firewall. they've only recently made it
easier for employees to telecommute who have jobs that lend themselves to
this mode. and part of that, i'm convinced, is because boeing, and uswest,
and microsoft, and other big firms in puget sound all have to do stuff to
reduce rush hour traffic - part of a complex state law designed to provide
inducements for flex time, etc.
kathy
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Kathy E. Gill, http://www.dotparagon.com/R65/
WWW design � writing � training - http://www.dotparagon.com/
Mac Advocacy - http://www.halcyon.com/kegill/mac/
Sometimes I wonder if men and women really suit each other. Perhaps they
should live next door and just visit now and then.
--- Katharine Hepburn
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