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Job cuts going to the house
Posted by Fired Fred on September 10, 2007 4:18 PM
People working in the home loan biz are having about as much fun as LT did running the ball against the Bears on Sunday. If you're doing real estate loans or anything related to mortgages, I'd like to suggest you familiarize yourself with Simply Hired.
Cuz ol' Bloomberg News says you're looking at being totally fired really soon...
The worst U.S. housing slump in 16 years may lead mortgage companies to eliminate almost 100,000 jobs, more than double the number already cut this year.Countrywide is that loan place that has an office in damn near every strip mall in the country. They're going to snuff so many people I half expect to start hearing that Celine Dion song from Titanic when they start making the cuts. All those careers being drowned, ya know?
"When you're born in a boom, you generally die in a bust,'' Countrywide Chief Executive Officer Angelo Mozilo said in an interview after the Calabasas, California-based company announced the cuts eliminating about 20 percent of the 55,000 employees it had at the start of the year.
Those are going to be some depressing networking meetings when the ranks of the unemployed swell with these loan sharks. "Hey Jim, how's the housing market looking?" "It looks FREAKING terrible, you dumbass, don't you read Yahoo Finance, the whole market is marinating in cream of crap soup!"
Speaking of making cuts, is it too soon to ask the Chargers to fire Norv Turner? Nobody could stop LT last year. This year Norv manages to hold the MVP to 25 rushing yards. Because LT is the greatest football player to ever put on pads, he still managed to win the game by running for one TD and throwing for another.
Fire Norv. Please?