Has your DP been retrenched/redundant?

[PinkPalace]

With the financial world as it is atm... i am wondering how many of our DP's or us have been affected by losing our jobs?

What did you do?

I know DH's company has cut a few hundred employees this year... and we are waiting to see if more are to come

[Willow]

Not my DH (thank goodness!!!) but I was made redundant just after Christmas...not much fun.

[~Trish~]

My DH hasn't been made redundant yet, but we fear it could be around the corner. We are hoping his team get a contract they are trying really hard to win, if they do, they will have guaranteed work for 12 months. It's such a horrible feeling not knowing, like we are holding our breath.

I really don't know what we'll do, we'll be in strife if he can't find a job pretty soon afterwards.

DH's brother got made redundant a week ago, he has a wife, a two year old and a 4 month old . It really hit home and made me see the reality of it all.

I have my fingers crossed that your DH keeps his job too .

[Willow]

Trish I have been wondering how your DH was going at work. I'm keeping my fingers crossed for you

DH works for a large company and one of their international affiliates (BIG company) laid off 20,000 employees worldwide about 2 weeks ago.

I am worried about what the next few years will bring, especially with 2 little ones at home and one on the way.

[Arimeh]

We're not too worried yet - DH is the most experienced in his office - so it will be two other staff members to go before him. However, if they both lose their jobs - well.. then I'll start stressing!!!!!

Who knows - government might have to support us all soon - maybe they should keep some money up their sleeve?

[~Trish~]

LOL Mel, yep, I think the government should keep a little money handy too

Willow - I know how you feel about two little ones and another on the way. I have nightmares of having to sell our house and move, having to put DS1 into a new kinder, losing my business because we can't stay in our house, etc... Not a nice feeling!

I wish there was a crystal ball that showed how long this recession will last.

[Laranna]

DP seems to be "safe" for now. I was made redundant just before xmas, while still on mat leave. I was quite happy about it because now I don't have to return to my job! This is my 2nd redundancy in 10 years and both times, I've been happy about it because I always look at it as a new opportunity to try something else....this time it's being a SAHM.

[Willow]

Laranna - I'm looking at it the same way most of the time because I was very unhappy in my job and looking to do something else. So I'm going to try to concentrate on studying and being a mum for the time being. I've tried to get some temp work but nothing has come up so far - not sure if my prg has affected my chances. It shouldn't be relevant with temp jobs but some people have strange views on it I guess.

My payout was decent, enough for us to get organised for the new bub and DH has a good wage. I don't *need* to work but we will miss the extra money.

If DH lost his job it would be disasterous - in simple terms we'd probably lose our house if he couldn't get another job quickly.

We've worked hard over the last 12 months to clear all debt except our mortage (still have a bit to go on our cc but that won't take long) so we're not in such a bad situation for the time being.