On Thu, 12 May 2005 20:41:06 GMT, "Jay Honeck"
wrote:

Are you saying my father isn't "smart"? Are you saying that company
loyalty
and hard work isn't smart?

No, your father was crapped on.

"Company loyalty" is a myth. In my years in the corporate world, I saw no
loyalty, either from the company, or from the workers.

Which is just one reason I choose to be in business for myself, despite the
risks.

I've been working for a Fortune 500 company for a little over five
years. 2 years ago, the pension benefits in place when I was hired
were reduced by 80%. Employees with 15 years service were
"grandfathered" and kept the old plan, the rest of us took it in the
shorts. At the same time, the company 401k "matching" contribution was
cut in half.

Good friend of mine was employed by another local Fortune 500 company
for 20 1/2 years. He was "downsized", still does the exact same job,
works in the same office, but is now employed by the "contract"
company hired to replace his department. Of course his salary was
reduced drastically, and the benefits are poor.

I guess I'm not sure what point Mr. gatt is trying to make. **** like
this happens every day.

TC