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US Economic Crisis

Well as all of you know, USA is in a tight situation right now. There has been a lot of layoffs these days that all of us here are kinda bracing ourselves for the inevitable.

In our company alone, they have already laid off some ten people, more on the office and sales team. The owner of our company, the one who slaved through it all during those starting-up days, has to cut off some of his time from his own company just to cut costs. So has his daughter-in-law.It’s kinda funny and strange but I guess they know that the lower-rung people needs the job more than they do so they in a way had to sacrifice their time.

One of our big-time customers, had laid off 600 of its work force. Now that’s a big one.I feel for the people who had lost their jobs with this economic crisis.

My cousin, who’s a nurse, has received a call that her salary is being reviewed since it was equal to a charge-nurse and she’s not a charge nurse. It’s just that that was what she negotiated for before she came here to California from Arizona. We don’t know if that’s legal but then again, all companies are trying to cut down costs to keep people from losing their jobs.

So I don’t know if there are people around in the US who are not afraid of what is happening here. No matter how big and indispensable we think we are to the company we are working for, just the same, we can’t be sure if they won’t lay us off. Nobody is sure at all. And when I think about how to pay off all the expenses that will be coming in in case we got laid off from our jobs, I just don’t know how people will cope. Just think about the 4k+ mortgage, the  credit card loans, the  car loans, the phone, water, garbage, electric bills, and it will be no wonder some people will definitely be banging their heads on the wall.

It’s scary. I hope this economic crunch  will pass by without hurting a lot of people.