This is exactly what I mean...

[Joel]

DelSlow;260298 wrote:
Which is weird because Home Depot as a company has let go of over 7,000 people, and closing stores left and right...
LOL. Get your facts straight. Do some research, then talk.
They closed all of the EXPO stores, which are not even really Home depot stores. They are high-end stores that never made the company money anyways. In Hard economic times the "Orange box" stores cannot support themselves, and another company. They haven't, nor plan to, close 1 regular "Orange Box". They froze the CEO's pay raise schedule, Slowed down the Store Manager and District Managers Pay raises, and didn't change anything about 99 percent of the stores employees.

So where are they closing Home Depots left and right?

[DelSlow]

http://seattletimes.nwsource.com/html/businesstechnology/2008674707_layoffs27.html

They must not know that its not 'Home Depot'

[zbrown]

Praise the Messiah.... it all thanks to him

[Joel]

DelSlow;260300 wrote:
http://seattletimes.nwsource.com/html/businesstechnology/2008674707_layoffs27.html

They must not know that its not 'Home Depot'
Home Depot, the Company, owns it. So yes, Home Depot laid people off. U should see their compensation package... 4 months 100 percent of wages.

[DelSlow]

So 4 months of $9.50/hr (if that?) for 40 hrs a week?

[Joel]

9.50? right... I think cashiers get paid around that. Everyone else makes quite a bit more. And yes, thats a lot more than most people get. (2 months of 60 percent of your wages)

[Bp-08]

wait so me getting laid off along with the other 90% of my co-workers getting laid off, is a sign of the economy getting better?

[DelSlow]

Yes.

[Trafik Jamz]

zbrown;260301 wrote:
Praise the Messiah.... it all thanks to him

The slight bounce in the consumer confidence...hate to break it to you, but it probably is. Whether it is justified or not is another story.

[PSiedTSi]

zbrown;260301 wrote:
Praise the Messiah.... it all thanks to him

In all honesty, I had no thoughts about that at all. More interested in the fact it is happening, not who is responsible at this point. The numbers are the important part.

[zbrown]

Trafik Jamz;260330 wrote:
The slight bounce in the consumer confidence...hate to break it to you, but it probably is. Whether it is justified or not is another story.
what? i was being serious...

[Rexwagon]

i used to work at home depot in tools and hardware. it was gay.

[HandoEX]

Maybe weaker profit margins didn't do anything for bottom line growth?

Bp-08;260311 wrote:
wait so me getting laid off along with the other 90% of my co-workers getting laid off, is a sign of the economy getting better?

One month of 1% revenue growth isn't going to bring any unemployed people back to the workforce.

[torbs]

HandoEX;260365 wrote:
Maybe weaker profit margins didn't do anything for bottom line growth?

QTF

[Kossick]

I work at Hebron which obviously has to do with the building/housing market for the most part and we are always slow during the winter however this was by far the slowest yet.... They even stopped matching our 401k til 2010... But the President of the company also told me they are expecting it to pick back up as early as spring of 2010.