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Thread: Global Financial and Economic Crisis

  1. #1
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    Global Financial and Economic Crisis

    Hello!

    We have calculated our profit and loss. And we've come to the conclusion that Global Financial and Economic Crisis did not affect our company. How about you? Did crisis of 2008-2009 affect your company? I know someone who had to resign 25% or even more his employees and someone who is on the brink of failure

  2. #2
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    We've seen a couple of people that can't afford to run hobby sites out of their own pocket any more, but other than that we don't seem to have been affected too badly so far *touch wood*
    Freethought Internet Limited - Hosting, Servers and Connectivity
    Freethought Internet Limited registered in London No. 5862996. Registered office: The Old Church Hall, 2A Cromwell Street, Lincoln, LN2 5LP. VAT number GB 987 0952 66.
    Powercore Networks is a trading name of Freethought Internet Limited.

  3. #3
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    Quote Originally Posted by HostingPlanet View Post
    Did crisis of 2008-2009 affect your company?
    What crisis ?
    Rob Golding Othello Technology Systems Ltd AS29527 Company#03894981 VAT#GB-782561410 Tel:0871 277 6875
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  4. #4
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    Quote Originally Posted by othellotech View Post
    What crisis ?
    I presume you are fine if you asking
    Global financial crisis of 2008-2009 - Wikipedia, the free encyclopedia
    Last edited by HostingPlanet; 30th September 2009 at 02:52 AM.

  5. #5
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    we've been hit on some of our high-end stuff (Managed Server Hosting | VI.NET Managed Servers, Dedicated Servers etc), but mass-market brands are doing fine...
    Ditlev Bredahl, CEO at UK2Group.com and OnApp.com
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  6. #6
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    Quote Originally Posted by uk2.net View Post
    mass-market brands are doing fine...
    Yes, I think many firms had to limit their budget and off-line advertisement as well. And they came to WWW where ad is cheaper...

  7. #7
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    I don't think it's really affected the hosting industry, we're still hitting targets as normal.
    Paul Ridge | UK Web.Solutions Direct
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    http://ukwebsolutionsdirect.co.uk Est. 2001

  8. #8
    Ed
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    Last two months for us have been fantastic, we've increased sales each month - we've just hit this months target and hopefully a few more will come today

    We've just re-jigged our packages and this involved a price increase (all though a small one!) we've seen our sales go up
    Virtual Linux.

  9. #9
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    Quote Originally Posted by HostingPlanet View Post
    Wikipedia
    Code:
    This article is in need of attention from an expert on the subject. WikiProject Economics or the Economics Portal may be able to help recruit one. (September 2009)
    
    This article has multiple issues. Please help improve the article or discuss these issues on the talk page.
    
    Its neutrality is disputed. Tagged since July 2009.
    
    It may contain original research or unverifiable claims. Tagged since July 2009.
    
    It may not present a worldwide view of the subject. Tagged since July 2009.
    
    Its tone or style may not be appropriate for Wikipedia. Tagged since July 2009.
    
    It may require general cleanup to meet Wikipedia's quality standards. Tagged since July 2009.
    - I just love the way WikiP adds such verbosity to the simple phrase
    it's one-sided made-up badly written bull***
    Rob Golding Othello Technology Systems Ltd AS29527 Company#03894981 VAT#GB-782561410 Tel:0871 277 6875
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  10. #10
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    so basically, the article is a tad 'dodge' to say the least. nice

  11. #11
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    Our rate of growth did slow down, but thats about it.
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  12. #12
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    Quote Originally Posted by Ricky View Post
    so basically, the article is a tad 'dodge' to say the least
    I had to read first before posting. It was the first link which google found

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