Friday, December 05, 2008

Retrenchment blogging, day 30

I'm unemployed!

Also, a bit tipsy.

And yesterday, I got an official job rejection letter. It was from a government agency, and they can only hire permanent residents if no qualified Australians apply. So that was pretty much expected. Still. Anyway.

I had a good chat wth everyone else who got sacked today- the board stopped operations, so everyone from the managing director down to the fieldies is looking for work. Maybe if we'd driven a prius to Washington they would have bailed us out. Oh well. The chairman has a point, which is that if good results don't raise the shareprice or atract investment, there isn't much point spending the money needed to get the results. Still, it is a bit frustrating to have to walk away from half finished projects. Oh well. Welcome to the real world. I leave it to a junior geo 10 years from now to dig up our reports and ask his boss, "Why didn't the drill this one out?"

In the mean time, anyone with 5 cents in their pocket can pick up not one, but two shares of uramet stock. It floated at 20 cents.

8 comments:

  1. Hey Chuck,
    I just have to say that I'm really grateful you're blogging about this experience. It's one that a lesser blogger would have swept under the rug, but it's valuable to have the story told. I think it's brave of you to do, and I sure hope it's over quickly!
    CB

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  2. Thanks Callan,
    I kind of assumed that since nobody was commenting on retrenchment blogs, nobody was reading them.

    And there are far better bloggers than I who have been blogging little during their job hunts...

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  3. I've been reading them. I agree with Callan that it's brave of you to be writing about it and very interesting for us. I really hope you find something soon.

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  4. Yes, I've been reading, also.

    As a consultant, I'm technically never unemployed (ha!). I just occasionally have to find new contracts. Haven't really wanted to blog about that, but maybe I will sometime.

    From what I've heard, people are expecting things to get better sometime after the first of the year, but that's pretty vague, and I haven't run into any info about Australia. I have heard of jobs in places like Mongolia. Also, I have one contact in Australia, working in a different country - I could send you an email about that. Don't know if it would be helpful?

    I am wishing you the best of luck on this.

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  5. I also read... Thanks for writing.

    Chris

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  6. I feel your pain. I went along the mining sundowner in london the other week (a gathering of geologists) to find myself a job. But all I got was an earful of moaning about the crappy market. I'm now looking for productive things to do while the market sorts itself out!

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  7. I kind of assumed that since nobody was commenting on retrenchment blogs, nobody was reading them.

    Oh, we read, but we don't have much of any use to say, sorry.

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