Rare PistolPete13 Posted March 18, 2020 #1 Share Posted March 18, 2020 (edited) https://www.businessinsider.com/norwegian-cruise-line-cuts-pay-20-amid-coronavirus-cuts-2020-3?fbclid=IwAR1QCB2-408DaM-AgtCnrdt1Jv3rp_CudlUnk87-29nKysr9N0ezhf4YWzg Tough times for all... "Norwegian Cruise Line will cut salaried employee pay by 20% in response to the coronavirus outbreaks, according to a memo sent to staff on Wednesday." Edited March 18, 2020 by PistolPete13 1 Link to comment Share on other sites More sharing options...
mnsweeps Posted March 18, 2020 #2 Share Posted March 18, 2020 so that means no bankruptcy until June 22. Link to comment Share on other sites More sharing options...
Comi.uy Posted March 18, 2020 #3 Share Posted March 18, 2020 Better than laying off half of their staff for sure 2 Link to comment Share on other sites More sharing options...
Rare BirdTravels Posted March 18, 2020 #4 Share Posted March 18, 2020 1 hour ago, Comi.uy said: Better than laying off half of their staff for sure only until they determine that they will not be able to resume operations in 30 days. then they will destaff to minimum. 1 Link to comment Share on other sites More sharing options...
Rare mking8288 Posted March 18, 2020 #5 Share Posted March 18, 2020 Businesses, employers, companies ... large, medium & small ones, across the globe - 100 countries & counting are undertaking a variety of measures, doing what they can to preserve capital and maintain continuity of operations, putting their worst case scenerio options into play. Moms & pops stores will not survive, make no mistakes about this implosion of the capitalist economy as we know it - until remedies can effectively deal with this pandemic. This nightmare is real, a different form of bio-terrorism that once existed only in the tabletop exercise that disaster planners looked at, about 1,000 times worst than what was imagined then. This crisis is not limited nor targeted at the cruiseline "industry" - the cumulative financial & human costs in the trillions, on a global scale. 4 Link to comment Share on other sites More sharing options...
Love my butler Posted March 18, 2020 #6 Share Posted March 18, 2020 5 minutes ago, mking8288 said: Businesses, employers, companies ... large, medium & small ones, across the globe - 100 countries & counting are undertaking a variety of measures, doing what they can to preserve capital and maintain continuity of operations, putting their worst case scenerio options into play. Moms & pops stores will not survive, make no mistakes about this implosion of the capitalist economy as we know it - until remedies can effectively deal with this pandemic. This nightmare is real, a different form of bio-terrorism that once existed only in the tabletop exercise that disaster planners looked at, about 1,000 times worst than what was imagined then. This crisis is not limited nor targeted at the cruiseline "industry" - the cumulative financial & human costs in the trillions, on a global scale. Fueled mainly by panic and hysteria. 7 1 Link to comment Share on other sites More sharing options...
Da-Painter Posted March 19, 2020 #7 Share Posted March 19, 2020 4 hours ago, PistolPete13 said: https://www.businessinsider.com/norwegian-cruise-line-cuts-pay-20-amid-coronavirus-cuts-2020-3?fbclid=IwAR1QCB2-408DaM-AgtCnrdt1Jv3rp_CudlUnk87-29nKysr9N0ezhf4YWzg Tough times for all... "Norwegian Cruise Line will cut salaried employee pay by 20% in response to the coronavirus outbreaks, according to a memo sent to staff on Wednesday." What is going to happen to the CEO's salary packages, which include perks, bonuses, etc?, or are they excluded from this??? 1 1 Link to comment Share on other sites More sharing options...
fstuff1 Posted March 19, 2020 #8 Share Posted March 19, 2020 5 hours ago, PistolPete13 said: https://www.businessinsider.com/norwegian-cruise-line-cuts-pay-20-amid-coronavirus-cuts-2020-3?fbclid=IwAR1QCB2-408DaM-AgtCnrdt1Jv3rp_CudlUnk87-29nKysr9N0ezhf4YWzg Tough times for all... "Norwegian Cruise Line will cut salaried employee pay by 20% in response to the coronavirus outbreaks, according to a memo sent to staff on Wednesday." think this applies to office/corporate employee. ship employees are on contact. you cant unilaterally do something against that contract. it defeats the purpose of having a contract. Link to comment Share on other sites More sharing options...
kent1941 Posted March 19, 2020 #9 Share Posted March 19, 2020 Fueled mainly by panic and hysteria.Totally disagree,Well there is a huge financial component to this, the amount of seniors dying is disproportionate to other age groups.Sent from my iPhone using Forums 2 Link to comment Share on other sites More sharing options...
Rare mking8288 Posted March 19, 2020 #10 Share Posted March 19, 2020 3 hours ago, kent1941 said: Totally disagree, Well there is a huge financial component to this, the amount of seniors dying is disproportionate to other age groups. Sent from my iPhone using Forums "Isolated" cases of COVID-19 deaths affecting New Jersey family members from 3 different generation, grandma - mom & son all died. Other children infected and hospitalized, others in the same extended family "cluster" also tested positive and self-isolations in their own homes. https://nypost.com/2020/03/19/three-members-of-the-same-new-jersey-family-die-after-contracting-coronavirus/ Another story (overseas) of a 20 years old that died from COVID, was told by his doctor "no-need-to-worry" https://nypost.com/2020/03/19/20-year-old-coronavirus-victim-was-told-no-need-to-worry-by-doctors/ Now, we just hope and pray that the Breakaway passenger on the 3/1 and 3/8 sailings and the crews were not infected by the 2 years old that tested positive. We won't know for sure for at least 21 to 30 days, if not longer ... 1 Link to comment Share on other sites More sharing options...
Rare Newleno Posted March 19, 2020 #11 Share Posted March 19, 2020 5 hours ago, kent1941 said: Totally disagree, Well there is a huge financial component to this, the amount of seniors dying is disproportionate to other age groups. Sent from my iPhone using Forums Hmm I just think that there is not a lot of accurate data to put into statistical formulas. Every year there is a break down of death in the usa for certain age groups Number of deaths of persons age 65 and over: 2,067,404 in 2017 Deaths per 100,000 population: 65-74: 1,790.9 (1.79%) 75-84: 4,472.6 (4.473%) 85 and over: 13,573.6 (13.574%) do Statistical natural causes seem in line with what we are seeing in corona? Governments around the world are concerned that if everyone gets sick at the same time it overwhelms the healthcare system and that causes havoc. That is the one of the most biggest problems (along with mutation) not the virus itself. Now is this theory correct? I dunno. However world economies are being destroyed, massive wealth lost. So I hope governments have adapted the right strategy Link to comment Share on other sites More sharing options...
njhorseman Posted March 19, 2020 #12 Share Posted March 19, 2020 3 hours ago, mking8288 said: "Isolated" cases of COVID-19 deaths affecting New Jersey family members from 3 different generation, grandma - mom & son all died For the sake of accuracy, the deaths were not from three different generations . Both Rita Fusco-Jackson and Carmine Fusco were the children...in fact the two oldest children, of Grace Fusco. Unfortunately I know the family quite well, particularly Grace Fusco's sons, and of them Carmine most of all. Their family home was very near where I lived for 30 years, and Grace Fusco's late husband and most of their sons raced Standardbred horses, as did I at one time. I can only hope that the other afflicted family members recover. It's been a tough week or two. The first NJ resident to die of Covid-19 was also a friend of mine, in the same business. Unfortunately his case is linked to the Fusco family. 1 1 Link to comment Share on other sites More sharing options...
Rare Turtles06 Posted March 19, 2020 #13 Share Posted March 19, 2020 51 minutes ago, njhorseman said: It's been a tough week or two Oh Paul, I am so sorry to read this latest news. Again, my deepest condolences. I hope you and your family stay healthy. 1 1 Link to comment Share on other sites More sharing options...
npcl Posted March 19, 2020 #14 Share Posted March 19, 2020 21 hours ago, Love my butler said: Fueled mainly by panic and hysteria. Tell that to the growing number of dead in Italy, especially those for which there are no ventilators because their hospitals are over whelmed. The issue is not the mortality rate. The issue is the number that not only need advanced medical support, but need it for a month or more. We have hospitals that are slammed in a normal flu season where the illness resolves in less than a week (flu .1 mortality, 1% hospital, time to resolution <7 days) Covid-19 .91 mortality, 10-15% hospital, 4 weeks or greater to resolution. If this gets loose we just plain do not have enough hospital beds, medical equipment and medical staff. If that gets overwhelmed then the mortality rate goes considerably higher, as demonstrated in Italy. 5 Link to comment Share on other sites More sharing options...
npcl Posted March 19, 2020 #15 Share Posted March 19, 2020 8 hours ago, kent1941 said: Totally disagree, Well there is a huge financial component to this, the amount of seniors dying is disproportionate to other age groups. Sent from my iPhone using Forums Data from France and Italy has 40% of those in intensive care from Covid-19 are under 50 3 Link to comment Share on other sites More sharing options...
Love my butler Posted March 19, 2020 #16 Share Posted March 19, 2020 10 hours ago, kent1941 said: Totally disagree, Well there is a huge financial component to this, the amount of seniors dying is disproportionate to other age groups. Sent from my iPhone using Forums Sounds like hysteria and panic to me. 2 Link to comment Share on other sites More sharing options...
Rare Newleno Posted March 19, 2020 #17 Share Posted March 19, 2020 2 hours ago, npcl said: Data from France and Italy has 40% of those in intensive care from Covid-19 are under 50 Yeah because there is no hospital resources left for over 50 they are left just to die. So of course data is skewed. 2 Link to comment Share on other sites More sharing options...
Rare mking8288 Posted March 19, 2020 #18 Share Posted March 19, 2020 Norwegian employees (crews) of all ages - including the "younger" age cohorts, probably should be worried. News and data feeds are changing by the hours, this daily summary/update just in - https://www.medscape.com/viewarticle/927202?nlid=134571_3901&src=wnl_newsalrt_200319_MSCPEDIT&uac=175941HJ&impID=2317435&faf=1 Community infection & how one might get exposed - surface contacts - https://www.marketwatch.com/story/coronavirus-can-survive-up-to-3-hours-in-aerosols-and-up-to-3-days-on-some-surfaces-peer-reviewed-study-finds-2020-03-18?link=TD_nypost_articles.7c7e0f416376f79f&utm_source=nypost_articles.7c7e0f416376f79f&utm_campaign=circular&utm_medium=MARKETWATCH Link to comment Share on other sites More sharing options...
npcl Posted March 20, 2020 #19 Share Posted March 20, 2020 1 hour ago, Newleno said: Yeah because there is no hospital resources left for over 50 they are left just to die. So of course data is skewed. France is not out of resources. In the US 40 percent of those hospitialized are under 50. Speculation is that older segments are practicing social distancing keeping their infection rate lower, Younger groups for various reasons might be less attentive in practicing social distancing and thus having higher infection rates resulting in the numbers being seen. Individually they respond better, but if more of them are infected the numbers catch up. Link to comment Share on other sites More sharing options...
Rare Newleno Posted March 20, 2020 #20 Share Posted March 20, 2020 55 minutes ago, npcl said: France is not out of resources. In the US 40 percent of those hospitialized are under 50. Speculation is that older segments are practicing social distancing keeping their infection rate lower, Younger groups for various reasons might be less attentive in practicing social distancing and thus having higher infection rates resulting in the numbers being seen. Individually they respond better, but if more of them are infected the numbers catch up. Your stats were a combination of Italy and France, you simply cant combine the two, it is literally like apples and oranges. Link to comment Share on other sites More sharing options...
npcl Posted March 20, 2020 #21 Share Posted March 20, 2020 1 hour ago, Newleno said: Your stats were a combination of Italy and France, you simply cant combine the two, it is literally like apples and oranges. Frances stats are similar within a couple of percentage points as Italy when it comes to those those under 50. being hospitalized , Us has similar stats. A higher percentage of those over 50 die, but it does show that it also does cause serious illness in those under 50. So unlike the original perception from the original Chinese data that most of those with serious disease where older or with pre-existing conditions, the more recent data from Italy, France and the US changes that conclusion. Link to comment Share on other sites More sharing options...
Rare Newleno Posted March 20, 2020 #22 Share Posted March 20, 2020 58 minutes ago, npcl said: Frances stats are similar within a couple of percentage points as Italy when it comes to those those under 50. being hospitalized , Us has similar stats. A higher percentage of those over 50 die, but it does show that it also does cause serious illness in those under 50. So unlike the original perception from the original Chinese data that most of those with serious disease where older or with pre-existing conditions, the more recent data from Italy, France and the US changes that conclusion. Enron were always the smartest guys in the room along with Long Term Capital Management such pedigrees with expansive vocabularies Link to comment Share on other sites More sharing options...
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