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Yep, we've had a bit of a 'mare, entire departments disappearing over night. Looks like hopefully we're through the worst and things are picking up again. But most of our customers are from the Legal World, so many affected. Plus where people were orderring 1,000, they're now ordering 250 etc.
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Yeah, it is very tough out there. Hope you are right and that a corner has been turned but not sure I see it.
I also don't think it will rebound in the same way when it does come back. The industry is going to come out of all this looking very different and I think that will have far-reaching consequences on the number of bodies needed to come through the door as graduates.
I also don't think it will rebound in the same way when it does come back. The industry is going to come out of all this looking very different and I think that will have far-reaching consequences on the number of bodies needed to come through the door as graduates.
Agree, we are more or less looking at it as starting again, trouble is, we've got used to the not ungenourous salary we pay ourselves. The money coming in now doesn't quite cover what's going out, so salary reduction time unfortunately. Not being a football club we have to abide by the rules! But I think you're right, we may have turned a corner, but it won't be like what it was. On the plus side, we opened up quite a few new accounts when it was quiet, and a few contacts wound up at other companies and took us with them. Luckily, we've got a half decent reputation...
Sounds promising. Hope we are being overly pessimistic and it comes good for you as things pick up over the next year or so.
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