my company is currently laying off all new hires and people who are always out ..this is the first year in years we have not go our yearly bonus of one year eguals &10.00 we usally get it a christmas with our &25.00 bonus..we went from 45 to 55 hours a week down to 28 to 32 and this is the first time in 9 years we got 2 weeks off a christmas the first week will be unemployment the second vacation if we got enough time in if not we wont get paid .. i think were fixing to fold what do you think .. i have never worked with a company going under,, and everyone says the company has been around over 30 years and that it aint going any where
2006-12-14 12:14:39 · 4 answers · asked by ? 5 in Business & Finance ➔ Careers & Employment
It's showing all the signs of going under.
But then, it may be also doing some drastic measures to keep it afloat.
2006-12-14 12:19:55 · answer #1 · answered by Ambassador Z 4 · 1⤊ 0⤋
A company is fixing to fold when employees are stealing;
absentee rate is high, and staff performance level is low.
2006-12-14 12:19:21 · answer #2 · answered by ab3c2t 2 · 0⤊ 1⤋
is it publically traded? check the stock price, either way i would start looking for another job
2006-12-14 12:19:29 · answer #3 · answered by bayareart1 6 · 1⤊ 0⤋
the employees of that company say "fixing" instead of "about to" or "might be"
2006-12-14 12:17:21 · answer #4 · answered by ting_tang21 2 · 0⤊ 1⤋