So a few weeks ago the VP of my DH's old company got fired. Well technically he "resigned" because of a difference in opinion with management. But from everyone there he was canned for being a A#&(!)#! He walked into the building and was walking out by noon.
What does that have anything to do with us? Well today there was a massive layoff at my DH's old company. 12% of people are being let go by December but they were being informed today.
So it might have been nice to get unemployment and severance. If he were chosen. But my DH said it's better to not be there. Right after layoffs it's depressing to see everyone laid off being the "walking wounded." They are working until December before the layoff officially kicks in and severance and unemployement are claimed.
What would we have done? I don't know. But right now the market is terrible to sell and moving mid year I would not have enjoyed. In some ways my DH feels he came out ahead getting to leave on his own terms.
He's a little worried for friends who are losing their jobs but at the same time maybe they'll be better off. Certainly we ended up in a place unemployed but cheaper and a much happy place. Plus instead of a old, drafty townhouse we couldn't heat, we're in a newer, single family that is very comfortably insulated!
But it is a pretty depressing day for many friends.
And then the axe fell
October 21st, 2015 at 08:37 pm
October 21st, 2015 at 09:50 pm 1445464217
October 21st, 2015 at 11:45 pm 1445471156
October 22nd, 2015 at 12:56 am 1445475414
October 22nd, 2015 at 02:39 am 1445481561
MEC we hope our friends all survive and do okay.
Frugal, I think money would be nice but it would be hard to be stuck there right now. I also wonder if we might not have gotten as much for our house next year if the market starts to tank for housing.