The dark side of layoffs and bad economy
Dec 10th 2015, 9:42 pm
#31
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Dec 10th 2015, 10:53 pm
#33
Oscar nominated
Joined: Jan 2008
Location: Moncton, NB, CANADA
Posts: 50,862
)
Dec 11th 2015, 6:34 pm
#35
BE Forum Addict
Joined: Apr 2008
Location: Calgary
Posts: 3,340
Re: The dark side of layoffs and bad economy
Nissan invests £100m in Sunderland plant - BBC News
Dec 11th 2015, 6:40 pm
#36
Yo
Joined: Nov 2012
Location: UK
Posts: 24,474
Re: The dark side of layoffs and bad economy
North Sea Oil did the same to the GBP and now the Nissan car plant in Sunderland manufacturers more cars than the whole of Italy.
Nissan invests £100m in Sunderland plant - BBC News
Nissan invests £100m in Sunderland plant - BBC News
Dec 11th 2015, 6:47 pm
#37
limey party pooper
Joined: Jul 2012
Posts: 9,982
Re: The dark side of layoffs and bad economy
Men's methods tend to be more violent, driving into concrete walls, off bridges, shooting, hanging.
Dec 11th 2015, 6:58 pm
#38
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,448
Re: The dark side of layoffs and bad economy
Dec 11th 2015, 9:57 pm
#39
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Dec 14th 2015, 3:35 pm
#40
Forum Regular
Joined: Jul 2004
Location: Mississauga, Ontario
Posts: 228
Re: The dark side of layoffs and bad economy
The return of the Canadian Peso is a welcome one for the manufacturing sector and other export oriented industries. It's the one silver lining in all of the current mess. Long may it slide downwards.
Dec 14th 2015, 5:20 pm
#41
Listen to the Music
Joined: Mar 2013
Location: Fraser Valley BC
Posts: 4,726
Re: The dark side of layoffs and bad economy
Why is anyone surprised at the recent fluctuations in the price of oil and the demise of the loonie?
I well remember the rush to Aberdeen when North Sea oil took off. The attraction of well paid employment was a great attraction and, like the Klondike gold rush, this work is predicated on the assumption that it would some day end. Sterling became a petro-currency and the loonie has followed suit and the Bank of Canada, like the Alberta Treasury should have made provision for fluctuations, especially since the removal of Iranian sanctions had been well telegraphed some time ago.
What we have here is the usual short-termism exhibited by both government and individual alike.
For the individual it can be devastating and life changing, for the politician it's just another opportunity to say 'I told you so' even when he didn't in the expectation that the sheep will believe him.
As an engineer who once worked at the Redcar steel plant, the canadian oil worker should realise that there are some who have also been affected by global fluctuations.
I well remember the rush to Aberdeen when North Sea oil took off. The attraction of well paid employment was a great attraction and, like the Klondike gold rush, this work is predicated on the assumption that it would some day end. Sterling became a petro-currency and the loonie has followed suit and the Bank of Canada, like the Alberta Treasury should have made provision for fluctuations, especially since the removal of Iranian sanctions had been well telegraphed some time ago.
What we have here is the usual short-termism exhibited by both government and individual alike.
For the individual it can be devastating and life changing, for the politician it's just another opportunity to say 'I told you so' even when he didn't in the expectation that the sheep will believe him.
As an engineer who once worked at the Redcar steel plant, the canadian oil worker should realise that there are some who have also been affected by global fluctuations.
Dec 14th 2015, 9:48 pm
#42
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Re: The dark side of layoffs and bad economy
He was a very stupid man.
Dec 14th 2015, 11:33 pm
#43
Oscar nominated
Joined: Jan 2008
Location: Moncton, NB, CANADA
Posts: 50,862
