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Poll: Job loss/salary cut due to economy?

Discussion in 'General Chat' started by StockwellDay, Jan 22, 2009.

  1. StockwellDay

    StockwellDay Senior member

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    I'm a yacht broker. Fuck my life. [​IMG] Actually, the sales are only down in the 30-70ft range. The megayachts they cant build fast enough. However since i'm new to the industy, im pretty much fucked
    How does one get into the yacht brokering business? In a boom economy, it sounds like a great job.
     


  2. lee_44106

    lee_44106 Senior member

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    I'll let you know this afternoon [​IMG]

    Good luck buddy!

    In this tough time, if you still have a job you gotta make yourself even more indispensible.
     


  3. Dakota rube

    Dakota rube Senior member

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    A bit better than yesterday, all day vomiting for
    I am encouraged by my first few weeks of '09 and have revised my goals accordingly. I truly believe this will be my biggest year ever. [​IMG]
     


  4. thekunk07

    thekunk07 Senior member

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    ^are you a maker of government cheese or obama commemorative posters?
     


  5. dhc905

    dhc905 Senior member

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    I got a raise (8%) and a pretty firm promise that my job is secure till mid 2010. Not sure why - business has been ridiculously slow. I guess that's the benefit for working for a kindly billionaire who hasn't laid off an analyst in over 40 years of owning businesses.
     


  6. Dakota rube

    Dakota rube Senior member

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    A bit better than yesterday, all day vomiting for
    ^are you a maker of government cheese or obama commemorative posters?
    Actually, I'm in real estate.
    And I can't remember the last time I've been this busy...

    Low mortgage rates have brought the fence-sitting buyers to the table.
     


  7. odoreater

    odoreater Senior member

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    Where is the option for "got a raise"?
     


  8. Davidko19

    Davidko19 Senior member

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    Lost my job in late October. Got a new job 2 months later for a little more money, more pretigious company, better work environment, more interesting work. Hopefully this one lasts!

    The grass is always greener though, sometimes I wish I had the 7 day weekends of unemployment again!
     


  9. Piobaire

    Piobaire Not left of center?

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    Need an option for "raise."
     


  10. Francis91

    Francis91 Senior member

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  11. nate10184

    nate10184 Senior member

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    I'll let you know this afternoon [​IMG]
    Laid off this morning. Certainly not fun but I saw it coming for a long time. My group was effectively shut down as we were merging with another bank. I was a second year analyst so I would have been gone in June anyway. I'm not hurting at all financially and I didn't enjoy the work so I'm not super upset. Just a blow to the ego.
     


  12. lee_44106

    lee_44106 Senior member

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  13. samblau

    samblau Senior member

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    Laid off this morning. Certainly not fun but I saw it coming for a long time. My group was effectively shut down as we were merging with another bank. I was a second year analyst so I would have been gone in June anyway. I'm not hurting at all financially and I didn't enjoy the work so I'm not super upset. Just a blow to the ego.

    Sorry buddy. I know the feeling. My analyst friends all hated their first two years, and one stayed on for a third because he knew he could not get another job, and he has a degree from UPenn/Wharton. The first few weeks are actually a good break, make sure you get back out there soon though.
     


  14. WoodyStylee

    WoodyStylee Senior member

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    How does one get into the yacht brokering business? In a boom economy, it sounds like a great job.
    It actually is a very financially rewarding business when the market is right, and once you are established. I grew up around boats, and one day just quit my job as a Publicist, went to a boat show and walked the docks talking to brokerage firms until I had a job. Required me to relocate to NYC, which I have no regrets about. I'm hoping people will start feeling a bit more secure with the new president.
     


  15. nate10184

    nate10184 Senior member

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    Sorry buddy. I know the feeling. My analyst friends all hated their first two years, and one stayed on for a third because he knew he could not get another job, and he has a degree from UPenn/Wharton. The first few weeks are actually a good break, make sure you get back out there soon though.

    Yeah it is a shock to the system since I've always been pretty successful in most things I've done. Not sure I want to even stay in the finance world, may try to do something else for a year or two before applying to B School. Consulting would be a dream come true but given how many guys like me there are out there I know good jobs will be hard to come by. I'm young and have enough cash to sustain myself for a few years so I'm up for anything right now.
     


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