Wednesday, April 22, 2009

Effect of these "unprecedented times"

http://www.caribbean360.com/News/Business/Stories/2009/01/22/NEWS0000006828.html

Last January, we got the surprise of our lives coming back from our month long vacay in the Philippines. A 10% job cut was announced in just a day's notice. The threat has always been there ever since the credit crisis hit early 2008 (or late 2007) especially in our industry where we thrive on financial services. Definitely not credit crunch-proof. But it hadn't really been this much felt until it struck home. Job cuts started in New York, where our "hub" is, and just shortly after, the sharpened edges cut through 769 miles and reached our offices. I remember it was a dark day for everyone, tears flowed, profanities were blurted.. and we were just in utter disbelief. Around 20 people were let go and in an office of less than 200, or an island of 65K - - that number is effffing huge.

Call it callous and super insensitive, but it was business as usual the day after.. and the day after that.. and the day after that... and the day after that...

... until today when we heard of another round of job cuts in our
"hub". Dejavu moment, we are just waiting for that sharpened edges 769 miles away to reach us soon. No one has an efffing idea who's next... anyone is dispensable... every one's just shit-scared.

Tick tock tick tock... the clock loudly clicking its recurring sound while the jury is still out.

Bahala na si batman. Dagdag na natin si superman at si wonder woman.



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