He's Coming Around

[Red Arrow]

I was working in the machine tool manufacturing business during the Clinton years and until 2003 when I got riffed due to lack of business.  Business was down enough during the end of the Clinton era that my employer was already having lay-offs and allowing attrition to reduce the workforce by nearly 1/3. 

There may have been some hangers-on by 2001 but the bubble was on its way down.

[Hoss]

I was working in the machine tool manufacturing business during the Clinton years and until 2003 when I got riffed due to lack of business.  Business was down enough during the end of the Clinton era that my employer was already having lay-offs and allowing attrition to reduce the workforce by nearly 1/3. 

There may have been some hangers-on by 2001 but the bubble was on its way down.

Apples/oranges, unless your last statement refers to the dotcom bust, which makes me wonder why you referenced working in the machine tool industry.  My dad worked in that profession (granted he worked for Sunoco at the refinery) and never worried about being laid off.  At least not that he made it known to me.  He retired in 2000 (early, if you ask me, then they kept asking him back).

[Red Arrow]

Apples/oranges, unless your last statement refers to the dotcom bust, which makes me wonder why you referenced working in the machine tool industry.  My dad worked in that profession (granted he worked for Sunoco at the refinery) and never worried about being laid off.  At least not that he made it known to me.  He retired in 2000 (early, if you ask me, then they kept asking him back).

Yes, the last statement was primarily dot-com stuff.  The bubble had a lot of industries up.  Steel structure manufacturing, vehicle manufacturing, farm machinery manufacturing were up.  We made some of the machines they used to manufacture their products. When manufacturing started down, demand for machines used to manufacture things went down.  I don't believe anything more specific would be fair to my former employer.