CARGO JET LAYOFFS

1201checkin · Post by **1201checkin** » Sun Nov 06, 2011 6:04 pm

Cargo jet cutting back in staff in all departments.

No ones safe
lets see what happens this week.

onspeed · Post by **onspeed** » Sun Nov 06, 2011 6:11 pm

Why? Did they lose a contract or something? I see them up in YFB often lately.

markymarkl · Post by **markymarkl** » Mon Nov 07, 2011 6:50 pm

Its was a witch hunt get rid of the peeps you don't like scare the crap out of the others! The principles and managers at this company should be ashamed....

Stock holders come 1st and employees come LAST! We will see what the 3rd quarter results are like. They will be posted this week.

Agrios Anemos · Post by **Agrios Anemos** » Thu Nov 10, 2011 4:55 pm

Yes agree. Stock holders come first and the president and his crew probably have 30% of the shares that we know of.

markymarkl · Post by **markymarkl** » Fri Nov 11, 2011 4:32 pm

The boys at the top have more than 30% my friend.

I am disappointed at their business/HR practices, this was NOTHING but a witch hunt!! They kept junior people (that didn't do their jobs IMHO) and got rid of peeps that actually worked and were VERY concerned about the company's bottom line!

I wonder if AJ and JP are really in the know whats going on in YHM??? I think NOT because if they did know other heads would roll for sure.

AJ, JP if you have any pride and concern for the people you just screwed maybe you arrange to hear them out. I'm sure they can REALLY enlighten you smart guys as to what is actually going on.

I DON'T WORK FOR CJ and was not part of this last layoff but the sh*t that the VP's and managers pulled is just borderline criminal.

You know what they say what goes around comes around.

markymarkl · Post by **markymarkl** » Fri Nov 11, 2011 4:42 pm

Hate to double post but this is whats pissing me off----They really need to lay peeps off for sure!

Mississauga, ON, November 9, 2011 - Cargojet Inc. (the "Corporation") TSX: CJT, CJT.A) announced today financial results for the third quarter and nine month period ended September 30, 2011.
For the Third Quarter Ended September 30, 2011*:

Total Revenues were $40.3 million, an increase of $1.5 million or 3.9% over the previous year
Gross Margin was $7.6 million, a decrease of $1.7 million or 18.3% over the previous year
EBITDA was $4.4 million, a decrease of $1.3 million over the previous year

For the Nine Month Period Ended September 30, 2011*:

Total Revenues were $122.6 million, an increase of $9.3 million or 8.2% over the previous year
Gross Margin was $22.8 million, a decrease of $2.2 million or 8.8% over the previous year
EBITDA was $12.0 million, a decrease of $1.2 million over the previous year

This is public information!!!!

teacher · Post by **teacher** » Fri Nov 11, 2011 7:54 pm

I'm surprised that you are all surprised. The HR practices and working conditions at Cargojet have been a joke from day 1. Just look at how the former ACE pilots were payed off and black listed so as to "not introduce a union" at CJ. I got a little advice for you A.L.P.A.

This crap would NEVER be tolerated and they would've had your back.

TeePeeCreeper · Post by **TeePeeCreeper** » Fri Nov 11, 2011 8:21 pm

teacher wrote:I'm surprised that you are all surprised. The HR practices and working conditions at Cargojet have been a joke from day 1. Just look at how the former ACE pilots were payed off and black listed so as to "not introduce a union" at CJ. I got a little advice for you A.L.P.A.

This crap would NEVER be tolerated and they would've had your back.

ALPA took my dues wirh ease for a year and when I took a stand over safety issues with my fellow co-workers I was put "in the hot seat". ALPA left me high and dry... My MEC actually told me "you'll win in due time" "but the damage to your reputation in the mean time will outweigh any gains"... What kind of supporting force is that???
So much for a "united" backing force eh?
ALPA is a money maker and does so at the expense of the professionals in this industry.
I sincerely hope you never have to make a stand with your employer. Should you need to, DONT count on ALPA to support you...
In the mean time, feel free to keep drinking the ALPA newsletter Kool-aid they send you every month!

iflyforpie · Post by **iflyforpie** » Fri Nov 11, 2011 9:26 pm

Sounds like they are taking a few plays from KFC's books.

"Oh, we have to let you go because Purolator lost XXX dollars this year." Yeah, no, they didn't 'lose' that money. That was the shortfall in the amount of profit that the pinheads told them they were going to make.

AirMail · Post by **AirMail** » Sat Nov 12, 2011 1:22 am

KF hasn't laid off pilots in ages

Bushav8er · Post by **Bushav8er** » Sat Nov 12, 2011 7:32 am

Stock holders come 1st and employees come LAST!

Sorry but that desires a 'Well...duh.'
That is the golden rule with ALL businesses and corporations, it shouldn't surprise anyone.

Livin'Something · Post by **Livin'Something** » Sat Nov 12, 2011 7:38 am

Neither has CJ (well except for one guy who was management and was assigned a half block)
Which don't get me wrong, it sucks, but these few layoffs haven't affected pilots.

AirMail · Post by **AirMail** » Sat Nov 12, 2011 8:43 am

ah I misunderstood, none the less I do feel sorry for those affected due to corporate greed. For mgmt it's a case of live by the sword, die by the sword, greed will be their downfall.

iflyforpie · Post by **iflyforpie** » Sat Nov 12, 2011 8:49 am

AirMail wrote:KF hasn't laid off pilots in ages

Who said I was talking about pilots? Are they the only ones that matter? Did you not read the OP where it said 'all departments?'

ng78 · Post by **ng78** » Sat Nov 12, 2011 8:52 am

Thankfully there is a decent amount of hiring going on out there. I hope this and other recent events at Cargojet are a wake up call for pilots there to do some serious job hunting. Management doesn't give a sh!t, so why should you?

teacher · Post by **teacher** » Sat Nov 12, 2011 10:18 am

TeePeeCreeper wrote:
teacher wrote:I'm surprised that you are all surprised. The HR practices and working conditions at Cargojet have been a joke from day 1. Just look at how the former ACE pilots were payed off and black listed so as to "not introduce a union" at CJ. I got a little advice for you A.L.P.A.

This crap would NEVER be tolerated and they would've had your back.

ALPA took my dues wirh ease for a year and when I took a stand over safety issues with my fellow co-workers I was put "in the hot seat". ALPA left me high and dry... My MEC actually told me "you'll win in due time" "but the damage to your reputation in the mean time will outweigh any gains"... What kind of supporting force is that???
So much for a "united" backing force eh?
ALPA is a money maker and does so at the expense of the professionals in this industry.
I sincerely hope you never have to make a stand with your employer. Should you need to, DONT count on ALPA to support you...
In the mean time, feel free to keep drinking the ALPA newsletter Kool-aid they send you every month!

Sorry, a little off topic but................

I have counted on them and they have supported me and other pilots I know in serious situations. If the company drags your name through the mud and "damages your reputation" what do you think ALPA can do about it. Sounds like they supported your case until you would have won but as for your reputation other than sueing the company for libel what did you expect them (APLA) to do? Sounds like that company more than any needed a union. Imagine what they would have done to you without representation? How were other thing like working conditions and pay? Were you making minimum wage and working basic CARs schedules?

markymarkl · Post by **markymarkl** » Sat Nov 12, 2011 5:55 pm

I was under the mistaken impression this company was on the up and up! But now I know they are worse that ( I cant even compare them to anything!) AJ an JP wont even come to the table and talk about it.

These two clowns (IMHO) are only in it for themselves, Merry Xmas Dan M (Thank you the only guy who gave a sh*t about the company and the peeps that worked there)

VP's +++++ ( you can always use more to do your dirty work) and Managers (hope you can sleep at night and you know who you are) keep getting those pay checks you may be next LOL!!!!!

My advise Pilots and Maintenance stay the F*ck away form this place! YOU have been warned! TEMP employment agency!!!

THIS IS ONLY MY OPTION BUT ITS THE TRUTH!

NghtFrt · Post by **NghtFrt** » Sat Nov 12, 2011 6:40 pm

A union is long overdue guys, why put up with all this type of crap if we don't have too.

contrite · Post by **contrite** » Sun Nov 13, 2011 4:57 am

Please forgive the naivete of an outsider, but EBITDA is down 29.6%, so the company understandably responds by cutting costs in a way that has no effect on the pilots, and the conclusion is that the pilots are being mistreated and a union is called for? I thought pilots always want cuts to happen everywhere else but to them, but when this actually happens that is no good either? It would seem that if you always want anything other than what you get, then there is nothing that would ever make you happy. All the money, unions and improved management in the world can't overcome that contradiction.

markymarkl · Post by **markymarkl** » Sun Nov 13, 2011 8:03 am

I agree with the cost cutting for sure if a company is in the red or fast approach the red zone, but in this case I think its another knee jerk action by the boys at the top.

The cuts were made to peeps that were on the low and lowest end of the pay scales!

Not the cream, this company has enough managers and VP's to run a massive airline, you want to really save the big $$$$ start chopping there first not the lower paid workers.

This lay off in my opinion was a witch hunt nothing more and will have little effect on the bottom line! Some may have been justified others were sacked to get rid of and shut them up.

I think if AJ and JP were real stand up guys they would have a sit down with these folks and explain their position on the lay offs..And hear the concerns for the folks they sacked.

contrite · Post by **contrite** » Sun Nov 13, 2011 10:37 am

I'm still confused, but at first you said your impression of the company being on the up and up was mistaken, that your new impression which seems to be a result of being able to read minds, should be taken as correct. And further this is from someone who says they don't work there, but somehow has knowledge of the salary profiles of those that have been laid-off. And says that a company that has had three quarters in a row of decreasing margins and EBITDA should do nothing? I don't know, but I think there is an Occupy tent-city near you that you should think of joining, 'cause you're sure not making any sense on here.

1201checkin · Post by **1201checkin** » Sun Nov 13, 2011 11:30 am

Conrite which part of head office are you. Or maybe your a hot tub pilot with a record time for holding your breath.
Well start the cutting with IT department who makes 600 000 a year. Wait why does the head of IT name sound so familiar.

come on we are not stupid.

contrite · Post by **contrite** » Sun Nov 13, 2011 1:22 pm

Sorry 1201, you've missed the markymarkl completely. These are just obvious questions about apparent inconsistencies. Not every pilot in this country buys these party lines, and not everyone that disagrees is management. No, you are not stupid, just unoriginal.

markymarkl · Post by **markymarkl** » Sun Nov 13, 2011 2:25 pm

You made a funny!! "Sorry 1201, you've missed the markymarkl completely" good one, i wont lower myself to your level and start flaming you.

The information can be found via g**gle CJ is a publicly traded company its all there!

I'm not a pilot or employed with CJ! As for the wages of those that were sacked anyone can estimate them and yes I do know many of them!

I can ask what they were making and post the results if you would like me to provide the #####.

By the way which dept. do you work for? LOL

contrite · Post by **contrite** » Sun Nov 13, 2011 5:50 pm

That is very nice of you to offer, but information seems to be something that is done without in the process of leaping to conclusions about a company that does not involve us. Besides, everything anyone ever needed to know is on the internet, right? Carry on, I am happy to know that the same old rhetoric is alive and well.

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