I work for a company that distributes neon sign supplies to the people who sell parts to sign installers. There are only a few companies in the U.S. to compete with.
Unfortunately, neon is being replaced by LED lights in a lot of situations, so we are being hit with a double whammy. (The bosses didn't move into the LED sales until recently).
We have had no lay-offs, but some have had their hours cut, some have had their pay rate cut. Purchases are strictly monitored. Cash receipts are down. The bosses have made personal loans of over a quarter of a million dollars to pay invoices and keep us afloat. In the 20 years I've been here, it's never been this bad.
Personally, I'm OK. I work 3 days a week and could live on my Social Security if I had to. But I feel for those who have families to support in these lousy economic times.





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