are there any changes for your life/work in the world economic crisis?

China
February 15, 2009 2:38am CST
Everyboday, could you tell me whether there are some changes for your life/work in the world economic crisis? as for me, there are some changes for my work .because of economic crisis,some new customers stop working with our company(our company is doing business with foreign country about clothes). they all said they just want to keep with their old suppliers. once economic crisis pass away, they will refresh our cooperation. in such situation, now our department is very free, same to our factory. another bad thing is that,one of our Russia customer compel us to give them discount for our goods.the situation is below:the goods now is nearly arrived in Russia port.but we still have 80% payment received.last week, our manger went to shanghai to have a talk with customer about this matter.unfornately, our customer just gave us two choices: one is 25% discount, the other is that they give up the goods.although it is very unfair for us, we only accepted this .we loss nearly USD35,000.it is a big hit for me since i started working. when can world economic crisis pass away? i ask myself. everyone, do you know?
1 person likes this
3 responses
• China
16 Feb 09
I do not think my life is affected by economy crisis until last week. As our company meet same situation to accept dicsount for the goods that already ship out. I hope world economy could be better quickly.
@Arjen07 (164)
• Romania
15 Feb 09
To be frankly, my family isn't affected by the crisis yet and we're, what would people call, a midlle class familly. My parents are working in public transportation and I don't think people will stop using the buses unless it gets really, really bad. As for the end of the crisis, I heard 2011. That means 2 years from now. It may seem long but historicaly speaking is not.
• Janesville, Wisconsin
15 Feb 09
Yes, Definately.. Before the GM plant closed it was hard to get jobs.. But when it closed... 75% of the town became unemployed 1 out of every 10 houses went on the market... It is nearly a ghost town, it rippled into the small business and stores, and resturants.. Our area was hit severely hard by this in Wisconsin, USA... Suddenly finances are short on state programs jails, are full, police have their hands tied and are trying not to arrest people a police stations are short on funding, it is a serious mess.... I could not get a job before all this started.. not afterward its gone very bad... - DNatureofDTrain