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View Full Version : Global Crossing Files Bankruptcy


Haze
01-29-2002, 08:06 PM
Who is next?

http://biz.yahoo.com/rb/020128/business_telecoms_globalcrossing_dc_1.html

ochiba
01-29-2002, 09:30 PM
I lost my contract as a Network Facility Manager with XO in August last year due to their "restructuring" and right when I was supposed to have the bloody thing renewed too.

It was a blow to the gut to get a call from my boss saying, You do great work, but unfortunately we no longer need your services x_x Of course they *could* warn a person... we all sat on a conference call asking about our job stability and got the answer... No no, we're set for the next 3 years, no one is going to be fired.

Three weeks later they fired all the contractors on the same day, how awful is that?!

bitter much?
ochiba ^_~

Haze
01-29-2002, 09:42 PM
It seems to be a growing fad not to inform employee's of impending danger lately.

DigitalXWeb
01-29-2002, 10:49 PM
This has been coming for awhile now, it's sad to see but it happens..

TheGAME1264
01-30-2002, 01:00 PM
when someone's rights to stay informed of a situation are breached, such as they app[ear to be in ochiba's case. Now I do realize that you stated that you are a contract worker: however, they should have still given you at least two weeks' warning and possibly some job hunting help.

As far as "impending danger" is concerned, my own personal belief is this: there are many large companies (particularly in technical-based industries) that have a bloated, underqualified staff, insufficient technical resources, and insolvency issues. It's only a matter of time before they all are revealed.

(Oh how I love making dark, jaded predictions.)