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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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55829338 No.55829338 [Reply] [Original]

A recession is coming.

The company I work for is a major supplier for Whirlpool, SubZero, GE, Delta, Aker and other plumbing brands.

We have had massive cuts in our overtime over the last 2 months, where it's almost non-existent now. A few people have even been fired. We have completely caught up with our backorders and the customers have too much supply in their inventory.

This began in late June - early July. Our management team claimed this would all be over by early August and overtime would be back. We are now 3 weeks into August and it's gotten even worse. Our warehouse is becoming barren and now management is running around trying to find random shit for people to do. Some people are literally just walking around for hours with nothing to do, so they just hand them a broom and tell them to go sweep around the factory.

>> No.55829351

>>55829338
But Biden said everything will be okay. Is this Biden_nomics?

>> No.55829360

>>55829338
My employer is extremely stable normally and has started forcing under performers out. Even as late as this spring all the managers were fighting over new heirs.

>> No.55829361

>>55829338
>We have had massive cuts in our overtime over the last 2 months, where it's almost non-existent now.
So what?
The economy is doing fine. You can find a new job easily if you try.

>> No.55829372

>>55829338
>>55829351
imagine not working in pharma, defense or the goyslop industries right now

>> No.55829430
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55829430

I just realized I never saved any of those black swan memes. Not a one.

>> No.55829445
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55829445

>>55829360

With my place, unless you physically attack a manager, your chances of getting fired are basically 0. We even had an employee commit sexual battery to another employee in the parking lot and HR/Management covered it up. The HR manager has even sexually harassed me a few times.