25 Getting the Axe @ Utica National

25 Getting the Axe @ Utica National

Posted in the Utica Forum

Claims

Utica, NY

#1 May 10, 2013
They are getting rid of a couple of depts again! Seems like it's all peeps with 20+ yrs srvc. NO job there is safe! Everybodys scared! Company is sending these jobs to other companies. Then, they go & hire Indians or young kids outta school so they don't hafta pay 'em nothing! They won't offer 'em much in the line of benefits either! People there with the yrs were looking forward to retirement. Yeah, right!! Beware if you work there!

Level 8

Since: Jul 12

Brooklyn, NY

#3 May 10, 2013
Don't haft pay em nothing? Are you from Alabama?
Wow

East Hartford, CT

#4 May 10, 2013
RM?
Marty SmartyPanties

Camillus, NY

#5 May 11, 2013
Have you ever worked one day in your so called life?
one who knows

Utica, NY

#6 May 11, 2013
This type of thing is exactly what Corporate America is doing. Long term employees are usually at the higher end of the salary scale and with retirement just around the corner, it all translate to MONEY for these Corporations.

By getting rid of these long term, experienced employees, it saves the Corporation from millions of monies they no longer will have to pay out.

In the long run, these Corporations suffer as no college degree can ever replace the experience level of these long term employees.

Look what happened to Hartford Insurance when they did this. They had to move out of the area and their ITT stock took a nose drive.

Seniority use to be treasured by companies years ago; now, it is only considered a liability!
Also

Utica, NY

#7 May 11, 2013
This has been going on for a long time. they just go caught this time. Why do you think the miracle building downtown is half empty? Only United Way is in there now for a UNIG tax write off. So much for revitalizing downtown. Kudos to Doug.

KY WELLER
Level 9

Since: Jun 10

Location hidden

#8 May 11, 2013
one who knows wrote:
This type of thing is exactly what Corporate America is doing. Long term employees are usually at the higher end of the salary scale and with retirement just around the corner, it all translate to MONEY for these Corporations.
By getting rid of these long term, experienced employees, it saves the Corporation from millions of monies they no longer will have to pay out.
In the long run, these Corporations suffer as no college degree can ever replace the experience level of these long term employees.
Look what happened to Hartford Insurance when they did this. They had to move out of the area and their ITT stock took a nose drive.
Seniority use to be treasured by companies years ago; now, it is only considered a liability!
Remember things like this when you decide who you do business with. I always take things like that into account when I spend my money.
Reality Check

Utica, NY

#9 May 12, 2013
The company is very p0orly run. They are losing business and money. The downtown building was a Doug ego trip. He dreaed he could revitslize the city. There were no new employees in that building. they were just transferred from the New Hartford building What a financial disaster since they lost the tax breaks since they did not deliver on their promises/requirements. How is he helping the city now. He has out-sourced with a company in India which has put employees in New Hartford They are roaming the building all night here (but it is daytime in India.) Thanks for creating local jobs not to mention eliminating hundreds very quietly. Just a couple at a time so it didn't make the news.
crazy

United States

#10 May 23, 2013
Updates?
W Springer

Clinton, NY

#12 May 23, 2013
This is exactly why I am staying out on comp. Money keeps coming and I can get laid awf.
utica tools

New York, NY

#15 May 30, 2013
Hiring 'Indians' means 'dots' and not 'feathers' correct?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Utica Discussions

Title Updated Last By Comments
NYS Ad Say Albany is NanoTech Capital of the World 1 hr Nightsquad 33
What ever happened to wktv Andrea bullard? 5 hr Jenn 4
Look how quiet UT Topix is when SAMBOTEKK sleeps! 5 hr throgsneckcrete 5
OC republican legislator Ed Welsh's wife stole ... 5 hr Possum boy 38
Danny Devito to play Ed P Welsh in Ed's Truman ... 6 hr Devote Delivers 2
i DREAM ABOUT UTICA DAY AND NIGHT THEY OWN ME M... 6 hr Cap 6
What happened Harmony 6 hr BobbyO 163
Sunday's OD article - 20-34 yr olds moving back... 7 hr KingAndrewCuomo 48
How long does the IRS take to refund money afte... (Mar '13) 9 hr Jacqueline harries 78
Shots bar stabbing 14 hr Rainbow 28
More from around the web

Personal Finance

Utica Mortgages