Re:How bad could the next recession be?
by SV_BubbleTime on Wednesday June 29, 2022 @10:08PM
(#31928019)
We lost about 70% of our tech staff to that. Do t get me wrong, we made it as convenient as possible to lay them off if they wanted it and kept them on… but lots of guys don’t want $20 an hour to work when they can make $24 an hour not working or keep working under the table somewhere.
We got about 30% back. One guy in particular came back for about 4 hours before telling us where we can stick it and he was going back on unemployment, anyone of us would have said prior to his vacation he had a good work ethic and never once expressed issue with the job.
As to PPP, we took a very small amount to help keep people on, and two competitors took millions and have now fired a lot of people and moved mfg over to China. So… yea, I don’t think these were the right moves.
We got about 30% back. One guy in particular came back for about 4 hours before telling us where we can stick it and he was going back on unemployment, anyone of us would have said prior to his vacation he had a good work ethic and never once expressed issue with the job.
As to PPP, we took a very small amount to help keep people on, and two competitors took millions and have now fired a lot of people and moved mfg over to China. So… yea, I don’t think these were the right moves.