Recession just around the corner?

LUCKY 7

Active VIP Member
Joined
Jan 17, 2009
Messages
5,994
Reaction score
9,319
Location
Sparwood
Thanks Ferniesnow. you da man! I will take you up on the beer and a chat for sure but how about the ever so tasty shrimp?
It will fall into place Randy. The initial scare is scary but the more information you gather the better it will be. Hold your head high and be proud of the service you gave them for 31 years. Give me a shout if you want to chat over a beer about living on fixed income.
 

banjo123

Member
Joined
Nov 24, 2014
Messages
5
Reaction score
10
Location
edmonton
Hey everyone,I read most of the comments and would like to say thanx for the support,for all you grinches out there I have nothing to contribute to your ignorance.After 25 years putting my heart and soul into a company you would think that a year and a half of severance is just and fair.Im ok with it.Its a top 5 company and would be a waste of my time trying to squeeze more cash out of them.I get what your sayin but in this stage of life it's time to think about the future and not what I can benefit from trying to get a lawyer and sue for for more.Thanx anyway for all your comments.
 

Turts

Active VIP Member
Joined
Oct 3, 2012
Messages
779
Reaction score
879
Location
Cochrane, Ab
So, Finning closes and now Cummins is building a new shop just down the street?
This is confusing.


Turts, typing on Tapatalk
 

Stompin Tom

Active VIP Member
Joined
Jun 7, 2009
Messages
3,787
Reaction score
8,136
Location
BC
So, Finning closes and now Cummins is building a new shop just down the street?
This is confusing.


Turts, typing on Tapatalk
I really have no idea about the situation in your area, but in general Cummins is dominating commercial truck engines right now, while Cat is out of the market. A new Cummins location is probably focusing on trucks.
 

kovs

Active VIP Member
Joined
Apr 12, 2009
Messages
802
Reaction score
1,048
Location
Rosetown, sask
I really have no idea about the situation in your area, but in general Cummins is dominating commercial truck engines right now, while Cat is out of the market. A new Cummins location is probably focusing on trucks.

They are dominating as pretty much only engine you can get in anything. And they played that well too most of the hwy trucks don't make 500k before a in-frame rebuild. Cats were making 2-3x that.

Back on topic now lol
Might be opportunity to get on there they should have a good package to offer being the size of company they are


Sent from my iPhone using Tapatalk
 

LUCKY 7

Active VIP Member
Joined
Jan 17, 2009
Messages
5,994
Reaction score
9,319
Location
Sparwood
this whole thing doesn't make sense to me at all, but I realize that e-business is coming in but the whole dept wow!!! Since I'm still there for the next week or so I feel the divorce is done but we are still living in the same house and that is a crap situation. Time to close that door and move out.
 

Summitric

SUPER COOL MOD & Supporting Vendor
Moderator
Joined
Oct 21, 2006
Messages
48,007
Reaction score
32,148
Location
Edmonton/Sherwood Park
Website
www.bumpertobumper.ca
Getting paid time off is a great perk. Getting one or two paid Fridays off every month of the year is a Calgary oilpatch-style perk.
Or at least it used to be.
As oil prices plunged over the past two years, so too have the storied perks, including the much-envied “Golden Fridays” that some large oil and gas companies offered their office workers to ensure a healthy work-life balance.
In October, oilsands giant Cenovus Energy announced employees would no longer automatically receive the first and third Fridays of each month off.
Instead, they are now encouraged to take earned Fridays off in July and August, when the industry typically slows down, and around long weekends throughout the year. Cenovus also plans to close its offices for about five days over Christmas to give employees a break, said spokesman Reg Curren.
Louise Wilson, human capital partner for consultancy firm Deloitte, says the energy and resources companies she works with in Calgary are eliminating everything from stock options to free high-end snacks and cappuccino. The popular once-a-week catered office breakfast buffet is becoming a thing of the past, too.
Paid time off is being reduced or eliminated “almost across the board,” she said.
“Some have reduced (Golden Fridays), so maybe they were twice a month and now they’re once a month,” said Wilson. “Some organizations have stopped allowing employees to bank them if they don’t use them.”
In theory, the employees work an extra half-hour each day to make up for the Fridays off, she said, but the reality is that they became part of an “entitlement mentality” that is not affordable in a new world of low prices and cost-cutting.
Dr. Robbie Babins-Wagner, CEO of the non-profit Calgary Counselling Centre, says she’s seeing an increase in the level of distress exhibited by her ex-oil worker patients, linking it to a “second wave” of anxiety as workers who were laid off in the past 18 months approach the end of their severance money without finding a comparable job.
“I think that’s probably the biggest shock for people — there are jobs but they may not pay as well as the oilpatch did,” she said. “Work conditions may be different. This is a huge reset.”
She said losing benefits can be upsetting even if the perks were far above what most non-oilpatch employees would expect.
On the other hand, she said, keeping your job is important, too. People want to work.
Today’s Cenovus office workers, for example, may have lost their Golden Fridays but they still have their jobs, unlike about 1,600 employees the company has let go since the end of 2014.
 

X-it

Active VIP Member
Joined
Jan 8, 2007
Messages
7,345
Reaction score
16,462
Location
Prince George
The 2 billion of tax payers money for bombardier and now they are out sourcing to Mexico and moving the watercraft plant there as well. And 1.5 billion of tax payers hard earned money being doled out to young people in an effort to create the next generation of useless dog phuckers. Heading for hell in a handbasket.
 

Bnorth

Active VIP Member
Joined
Dec 18, 2010
Messages
10,547
Reaction score
20,128
Location
Salmon Arm
I don't want to live in a world with no free breakfest buffet and cappuccino lol
The young people are the entitled ones though... The guy that got hired by his buddy over a beer 25 years ago and has brought no innovation; he worked hard and deserves it all just for showing up loyally for all that time.
 

lilduke

Active VIP Member
Joined
Sep 15, 2009
Messages
17,540
Reaction score
62,371
Location
Local
The young people are the entitled ones though... The guy that got hired by his buddy over a beer 25 years ago and has brought no innovation; he worked hard and deserves it all just for showing up loyally for all that time.
. Timmy's is always hiring, free coffee and I think they get benefits too. Not sure about golden Fridays though.
 

Caper11

Active VIP Member
Joined
Oct 28, 2007
Messages
9,528
Reaction score
18,576
Location
Edson,Alberta
I hate to remind everyone where the entitlement attitude all started.

Also disappointing where the entitlement attitude is heading.



Sent from my iPhone using Tapatalk
 

Keith Brown

Active VIP Member
Joined
Nov 12, 2014
Messages
696
Reaction score
1,684
Location
Okotoks Alberta
Hey where IS the opposing view? You should be able to find a crack pot from the flat earth society on the web that shares your cynicism. (are you two members) Also I am 59 in August young compare to a fossil and my brother is a Lawyer and one of my best friends was a lawyer. Over the years I have required the services of a lawyer from time to time and have never came across a bad one yet. Not a easy way to make a living. Sure there may be bad ones out there but show me a career that doesn't have a few bad apples. The rank and file lawyers works hard for their pay check. My advise for you two is to start thinking positive, hopefully it will change your karma and you will meet a few people that are honest and hard working.
And where is the article from the lawyer who knows the business's rights? Its one lawyers version of the law which is always biased to his views. Another lawyer can write just as convincing report from the opposite side. Thats the joys of lawyerdom.

Walk into a lawyers office and he is only concerned about 2 things, what cut can he get, and what are his chances of getting that cut. If either one is to small, he walks.

You must be quite a young guy, or have very little experience withs lawyers if you believe you can use the words , lawyer, fairly and equitably in the same sentence. As stompin Tom says , where's the opposing viewpoint, which if you know lawyers, the same guy could write and sounds like you may believe that also. Sorry , still sounds like entitlement to me.
 

neilsleder

Active VIP Member
Joined
Oct 18, 2009
Messages
9,618
Reaction score
17,001
Location
Leduc Alberta
Hey where IS the opposing view? You should be able to find a crack pot from the flat earth society on the web that shares your cynicism. (are you two members) Also I am 59 in August young compare to a fossil and my brother is a Lawyer and one of my best friends was a lawyer. Over the years I have required the services of a lawyer from time to time and have never came across a bad one yet. Not a easy way to make a living. Sure there may be bad ones out there but show me a career that doesn't have a few bad apples. The rank and file lawyers works hard for their pay check. My advise for you two is to start thinking positive, hopefully it will change your karma and you will meet a few people that are honest and hard working.

All welders are stand up guys not a bad apple among us lol


Sent from my iPhone using Tapatalk
 

Cyle

Active VIP Member
Joined
Jan 21, 2008
Messages
7,171
Reaction score
4,722
Location
edmonton
Hey where IS the opposing view? You should be able to find a crack pot from the flat earth society on the web that shares your cynicism. (are you two members) Also I am 59 in August young compare to a fossil and my brother is a Lawyer and one of my best friends was a lawyer. Over the years I have required the services of a lawyer from time to time and have never came across a bad one yet. Not a easy way to make a living. Sure there may be bad ones out there but show me a career that doesn't have a few bad apples. The rank and file lawyers works hard for their pay check. My advise for you two is to start thinking positive, hopefully it will change your karma and you will meet a few people that are honest and hard working.

Lawyers are like everyone else and only a "few bad apples?" And they work hard to make a living? I want whatever good chit you're smoking.

A large part of lawyers are nothing but people out to make a buck, they don't give a chit about the outcome. The saying when you get lawyers involved the only ones who win are them with their insane fees is so true. Tell me how the fawk they are worth $500/hr? And they work hard? Yea sure. Their assistants do most of the work. I could give you a name of a few bad ones that's for sure. Not to mention most are pathological liars. Sorry when it comes to the law, actually it's not lying. Sad part is also how many don't know the law well. Pretty fawking sad when you have to tell them to go read the law cause they got it wrong....
 
Last edited:
Top Bottom