My company is going under fast, and they brought it upon themselves. When the economy was good and money was pouring in, all the partners were living high off the hog by staying at the most expensive hotels while traveling, using company money to buy themselves expensive cars, getting lunch catered to the office every day, using company money for their own personal expenses...just blowing money left and right, not putting much back into the business or saving for a rainy day.
Well, it ain't just raining now...it's pouring! They've already made cuts in pay to all their employees, including me, and recently took away our medical benefits. It's such BS and could have been avoided had they managed their money better. I've been looking for another job for months now, but it's slim pickin's out there, as many of you know.