- Not give any raises in 2009 (which would be for 2008)
- No longer contribute any type of match to 401k funds
- Cut back it's North American workforce
- Employee insurance premiums have gone up
- Insurance/prescription deductibles have increased
- "Further cost saving measures to be forth coming"
Which would be fine if the price of groceries went "down", the cost of Heat & Electric went "down" repair, maintenance, gas, mortgage, insurance and everything else went "down" but of course it won't! So going into 2009 I'm making less and it's costing more than 2007. Thank you "Corporate America" Oil companies, Lending institutions, Car makers thanks for the demise of western civilization! Let's not cut at the top where most of the "waste" occurs cutting personnel or salaries, bonuses at the VP level and above...no let's cut the hours of $8/hr part-time personnel. Great thinking! Take a lesson from the 'Great Depression Era' Let's be opening the windows on the executive floors of the big glass towers..."take that big step for the team!" as they always preach to everyone else.
Happy New Year!
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