As a manager I personally had to lay off 15 of my employees yesterday. Yes, it sucks as bad as I thought it would.

Eek. What percentage of your staff is that?

It probably means that the Wendy's by winco is closing down.

About 4%

Best of luck to you guys at IGT. I'm assuming there's some level of risk that you could lose your jobs? :(

Yeah, like 1 in 10 by the numbers.

But that's not as bad as my GF. She just got an email this morning that her company is laying off 1 in 4. She'll be lucky if her whole office doesn't get whacked. But I guess when you're stock goes from $70 to $4 in a year (and from $40 to $4 in just the last month), your CEO resigns, and "all new development will be stopped"... well, you can't expect everyone to keep their jobs. If you wanna see how the credit crunch hurts people, take a look at the industrial property management industry. :(

Nobody is safe... it's really scary. I'm crossing my fingers for us all.

Not even us state employees are safe. At least we'll still have jobs, so I'm lucky. And at least nobody will lose their job.


CARSON CITY, Nev. (AP) - Gov. Jim Gibbons says pay cuts for state employees - including a cut in his own salary - would be a better option than layoffs to deal with a growing revenue shortfall.

The state already has cut spending by $1.2 billion and must cut another $300 million this fiscal year, but Gibbons said at an impromptu news conference that wholesale layoffs of state employees is "untenable."

The governor will meet with legislative leaders next Monday to talk about possible solutions to the immediate $300 million shortfall and to a projected shortfall of $1.5 billion in the next 2-year budget cycle, which opens in July.

Gibbons said pay reductions aren't something he could do on his own. Instead, lawmakers would have to authorize the step in a brief special session prior to the regular 2009 session which starts Feb. 2.

While Gibbons said on Friday that "nothing is off the table" in discussions on solutions, including new or increased taxes, he said Monday that he remains opposed to such levies unless they're backed by the general public or by an industry affected by a specific increase.

I've decided that what I do at my office (real estate) is no longer going to be my job, rather I now refer to my efforts as a "hobby".

I heard that IGT is going to lay off 500 people between today and tomorrow. Involuntary and voluntary layoffs I guess. I hope your name doesn't make that list Scott.:(

Yup, across the whole organization that's how many we are facing. The "hundreds" number is for engineering. So, we'll see.

Fixed.

wow, I didn't know there were more IGT club members. I put in a good word for you guys but they said the main targets are employees who spend company time on internet forums. So you should all be safe.

Kunikos (Matt) too, although I don't think many of you outside of IGT know him either.

Everyone still employed?

So far. We'll see about tomorrow.

Good luck guys. We've only laid off 6 people here so far, but they just announced 700 people are going down at HQ in Phoenix over the next 3 years. We've already laid off ~6,000 people from my site in the past 10 years so we don't have too many left to go.

Well, it looks like the IGT SECCSers are all safe. We only lost one person from our immediate group.

That's a relief, but still shitty for your coworkers.

The worst part is really just the massive "morale landslide" around here. No one works hard at anything but covering their own asses and blaming each other anymore.

Thanks for the update. Glad to hear you guys made it. Is your old roommate Matt still at IGT?

Yeah, he's still hear... at least he's still showing up on our company IM client as "online".

I think that is the way it is at a lot of places these days...

[Another IGT engineer survivor here] The PC's locking you out automatically after 5 min is also a pain. I don't know if this is company wide but I'm sure it's a precaution against angry fellows.

^I think I see your car at Walmart in south Reno all the time.

I forgot you work at IGT too! What dept. are you in? How bad was the attrition there?