Arrow Electronics employees have mand...

Arrow Electronics employees have mandatory unpaid time-off

There are 26 comments on the Newsday story from Apr 3, 2009, titled Arrow Electronics employees have mandatory unpaid time-off. In it, Newsday reports that:

Arrow Electronics Inc., Long Island 's largest company in terms of sales, has initiated a mandatory unpaid time-off program because of the sharp downturn in the world's economy, company officials said Friday.

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Curious George President

Bridgeport, CT

#1 Apr 3, 2009
And Wall street gets bailed out with the taxes of the furloughed workers.....CHANGE YOU CAN BELIEVEIN...
DOW rises,who getting scammed.
jonny john

Great Neck, NY

#2 Apr 3, 2009
wow, that is terrific news!
with the price of everything rising this fits in perfect!
Blue Collar

Cape Coral, FL

#3 Apr 3, 2009
Giving up two weeks pay to keep your job, what an incentive.  Those employees will probably never see another pay raise ever again for as long as they continue to work there,  but over the years they'll get to see inflation, rising food prices, increase in their rent, electric/water, home/auto/health insurance, property taxes, etc...while salaries remain the same...Somebody is getting rich somewhere.
bozos

Brooklyn, NY

#4 Apr 4, 2009
Blue Collar wrote:
Giving up two weeks pay to keep your job, what an incentive.  Those employees will probably never see another pay raise ever again for as long as they continue to work there,  but over the years they'll get to see inflation, rising food prices, increase in their rent, electric/water, home/auto/health insurance, property taxes, etc...while salaries remain the same...Somebody is getting rich somewhere.
- welcome to the world of the honest middle class
DIE REPUBLICAN

White Plains, NY

#5 Apr 4, 2009
"No End in Sight to Job Losses; 663,000 More Cut in March"
>

>>

THE BUSH LEGACY, NO JOB AND GOVERNMENT BAILOUTS.
Sensible One

White Plains, NY

#6 Apr 4, 2009
No, this isn't Bush's economy anymore. Obama campaigned on his economic initiatives. He got the job and has exponentially blown up the national debt that George Bush could never have conceived. Would Bush have forced a private company's CEO out the door? Would he have nationalized the banks? No. But the anointed one who can do no wrong and has been a non-issue at the G-20 talks. You will now be paying 30% mre in taxes because of one Barrack HUSSEIN Obama, not George (tax cuts, remember?) Bush.
Pissed Off

Bronx, NY

#7 Apr 4, 2009
Everyone is Missing Something.... THEY MADE 43 MILLION DOLLARS.....that is 43,000,000.00 They ddi not lose money That is bs.... Tell an employees youn have to lose two weeks of pay because we only made 43 MILLION dollars

Since: Dec 07

WestBURY is the best BURY!

#8 Apr 4, 2009
Wonder if the mandatory LWOP applies to the CEO, CFO and upper management?

If you think the answer is yes, then I guess you believe in fairies, too.
jimbo

AOL

#9 Apr 4, 2009
even in the best of time, the county and the business's are crying "broke"..its all bull$hit..my lifestyle hasen't changed one bit, as a matter of fact it got better and I'm retired.
you can bet

Highland, NY

#10 Apr 4, 2009
Private sector continues to shed jobs, employees not getting raises or even mandatory pay cuts....

in other news, the police and teacher unions have held the tax-payer ransom again and will get their annual increases, step increases and more benefits because they hvae no clue what the real world is all about....

back to you jack
Michael L

Smithtown, NY

#11 Apr 4, 2009
Another greedy company feeding off the poor employee. What did the company do with the $16.7 BILLION in sales from last year and the $43 million income from last quarter? No doubt it went into the pockets upper management.
look for another job

Massapequa, NY

#12 Apr 4, 2009
Not all employees are effected. Meaning executive mgmt can continued to receive pay while vacationing in barbados.

A middle class employee who needs the money in order to take a vacation, gets screwed.

Lastly, i would look for another job and use my free week the week before i give notice.
Annoyed Worker

Massapequa, NY

#13 Apr 4, 2009
I have just been told I must again reduce my hours for a second time, while the salaried employees are not effected at all.
Again the lower paid, get screwed for the mis-management of the hire ups.
Bite Me

Bronx, NY

#14 Apr 4, 2009
Blue Collar wrote:
Giving up two weeks pay to keep your job, what an incentive.  Those employees will probably never see another pay raise ever again for as long as they continue to work there,  but over the years they'll get to see inflation, rising food prices, increase in their rent, electric/water, home/auto/health insurance, property taxes, etc...while salaries remain the same...Somebody is getting rich somewhere.
Boo hoo. Instead of 114-million, they only made 43.2-million. Sales down 7.5% from 4.4 billion (that's BILLION as in NINE-ZERO'S). So, what are we talking?... 330-million? 4.4-billion minus 330-million is 4.07-billion. Puhleeeeeeeeease!!!

All considered, if employees were smart, they'd all take the time off together and force the place to shut down for those 10 days. And take consecutive weeks. Show the company what real losses can be like without their backbone!!

One of their employees affected by this should pull everyone together, organize it, and get 'er done!!

Close the place down for 2 consecutive weeks. No production, no solicitation calls for new business, n-o-t-h-i-n-g. CLOSED!!!
Dont TaxMeBro

Charlotte, NC

#15 Apr 4, 2009
DIE REPUBLICAN wrote:
"No End in Sight to Job Losses; 663,000 More Cut in March"
>
>>
THE BUSH LEGACY, NO JOB AND GOVERNMENT BAILOUTS.
The Obozo Legacy - a community organizer running the greatest country in the world toward ruin in 80 something days. I wonder how that part time gig running GM is gonna work out. Good thing he spends so much time making empty-suit speeches and appearing on talk shows. That's less time launching disastrous socialist policies.
bias

Bronx, NY

#16 Apr 4, 2009
you can bet wrote:
Private sector continues to shed jobs, employees not getting raises or even mandatory pay cuts....
in other news, the police and teacher unions have held the tax-payer ransom again and will get their annual increases, step increases and more benefits because they hvae no clue what the real world is all about....
back to you jack
And the beat goes on as more cops are shot in Pittsburgh. yeah ok if they did get 3% I guess it was worth it. Honestly, bashing Police is the standard answer to everything nowadays.
you can bet

Highland, NY

#17 Apr 4, 2009
bias wrote:
<quoted text>
And the beat goes on as more cops are shot in Pittsburgh. yeah ok if they did get 3% I guess it was worth it. Honestly, bashing Police is the standard answer to everything nowadays.
I believe when the 'police' went to the academy, they knew the 'risks' they were taking, otherwise they are dumber than I thought.

They are civil employees who are paid by us the taxpayer, so if they don't like it....or the teachers don't like it..they can get new jobs...oh wait...they would NEVER leave their cushy jobs with automatic raises no matter how bad the economy is...that's right...what was I thinking they have a contract which they negotiated in 'good faith'(sarcasm) by their maffia unions.
Scam-o-matic

Coram, NY

#18 Apr 4, 2009
Pissed Off wrote:
Everyone is Missing Something.... THEY MADE 43 MILLION DOLLARS.....that is 43,000,000.00 They ddi not lose money That is bs.... Tell an employees youn have to lose two weeks of pay because we only made 43 MILLION dollars
Here's your chance. Tell us what you would have done.

Now tell us how much experience you have running anything at all.

Then tell us what the company did with this 43 million and what proof you have that it's true.

You seem to think that a company should be ashamed of profits. Does debt make them better? Do you work for a company that takes pride in its debts? If you are a government leech you do.
Obozo the Magnificent

Coram, NY

#19 Apr 4, 2009
Bite Me wrote:
<quoted text>

Close the place down for 2 consecutive weeks. No production, no solicitation calls for new business, n-o-t-h-i-n-g. CLOSED!!!
Real smart. How happy would your local politicians be to lose four billion in sales? Don't you think this company is being offered deals by other states to move? Or do you think a Democrat state would never do such a thing?

Other states are flooding Long Island with recruiters begging companies like this to move.

Why don't you publish your accomplishments in shutting a company down. That will put LI on the map!
bias

Bronx, NY

#20 Apr 4, 2009
you can bet wrote:
<quoted text>
I believe when the 'police' went to the academy, they knew the 'risks' they were taking, otherwise they are dumber than I thought.
They are civil employees who are paid by us the taxpayer, so if they don't like it....or the teachers don't like it..they can get new jobs...oh wait...they would NEVER leave their cushy jobs with automatic raises no matter how bad the economy is...that's right...what was I thinking they have a contract which they negotiated in 'good faith'(sarcasm) by their maffia unions.
Yeah ok. Keep justifying your hatred over 3% raises and keep your eyes off the real leetches pulling in tax free money in the underground economy. Or the lavish $$$ made in booming economies while the civil servant begs for their 3%. Honestly if you dont see the Barbarians at the Gates of Rome and those who serve being ever increasing disparished they you not paying attention.

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