My company is going brokee

[erub]

My company has like 10 billion in debt, but only nets 600 million per year. Rumors are, my program may be screwed shortly..

 

[Dear Summer]

is it an insurance/financial company?

 

[erub]

nope, semiconductors..we supply the big 3!

 

[takeru]

previous company i worked for died last year. was totally supported by investors with zero profit. operating costs ran short by $10 million so company blew up.

 

[IEC]

That sucks, good luck.

 

[altonb1]

Last year about this time, my former employer's stock price was around $107/share. Today, it is $22.40 or so. In December, I was downsized and lost my job. So no, I don't work for a broke company because I already had my job eliminated. The company is hurting, though.

 

[Krynj]

What are the big 3?

Either way, steal as many Sharpies and pens as you can.

 

[Lonyo]

Working for a non money loser doesn't necessarily mean anything.
GM are bitching for European governments to bail our their subsidaries (Vauxhall/Saab/Opel) and Opel are saying "We're a money making business!" but GM still want to trim and get a bail out for them.
http://news.bbc.co.uk/1/hi/business/7897361.stm

The uncertain future of GM's European businesses outraged its workers.

"Opel makes a profit, and we had a profit last year as well," said Francisco Jimenez, an Opel worker and IG Metall union official in Ruesselsheim, Germany.

 

[Krynj]

I figured the big 3 was somehow related to GM.

 

[Descartes]

Originally posted by: FetusCakeMix
I figured the big 3 was somehow related to GM.

 

[Jabbernyx]

Originally posted by: erub
nope, semiconductors..we supply the big 3!

Actual or equipment (ie. Lam, Applied Materials, Novellus, etc.)?

 

[erub]

Originally posted by: Jabbernyx

Originally posted by: erub
nope, semiconductors..we supply the big 3!

Actual or equipment (ie. Lam, Applied Materials, Novellus, etc.)?

actual

 

[imported_Lothar]

Originally posted by: erub
nope, semiconductors..we supply the big 3!

Intel, AMD, and VIA/Transmeta?

 

[Fritzo]

We're actually doing well. We're a national ISP and our dialup products are selling like hotcakes right now. Unfortunately we're getting a lot of cancels on our high speed products to counteract it, but dialup is much more profitable than broadband, so it's a wash.

 

[SunnyD]

Originally posted by: Lothar

Originally posted by: erub
nope, semiconductors..we supply the big 3!

Intel, AMD, and VIA/Transmeta?

VIA isn't "big 3", and Transmeta doesn't exist anymore.

I'm thinking more likely Motorola.

 

[MixMasterTang]

I guess I am one of the very lucky ones to be working for a profitable company still. Profits are up, outlooks are looking good and the new stimulus plan could positively effect the company as well.

 

[ivan2]

my last company was broke even at the good times because of an identity scandal, now they are really fucked =(

 

[Exterous]

My company is being liquidated right now. I wont have a job after March 13

 

[DarrelSPowers]

Hmmm.

I think we're doing alright, they want me here more hours, but since I'm an intern I'm cheaper than having a REAL engineer around.

 

[IceBergSLiM]

stop neffing and start getting your resume out

 

[Pheran]

Originally posted by: SunnyD

Originally posted by: Lothar

Originally posted by: erub
nope, semiconductors..we supply the big 3!

Intel, AMD, and VIA/Transmeta?

VIA isn't "big 3", and Transmeta doesn't exist anymore.

I'm thinking more likely Motorola.

I was thinking Intel/AMD/IBM, but I'm not sure either.

 

[SuperFreaky]

Originally posted by: Pheran

Originally posted by: SunnyD

Originally posted by: Lothar

Originally posted by: erub
nope, semiconductors..we supply the big 3!

Intel, AMD, and VIA/Transmeta?

VIA isn't "big 3", and Transmeta doesn't exist anymore.

I'm thinking more likely Motorola.

I was thinking Intel/AMD/IBM, but I'm not sure either.

Dont think IBM sells hardware anymore...