still hanging on

I received a letter offering me a position in the new merged company on Saturday, not a severance package.

Being laid off wouldn’t have been terrible, but still being employed isn’t awful either.

There are at least 14 documents I have to read through and sign – but I have a week in which to do it.

So the crisis have been averted – for now. They’re going to continue to have lay-offs though, one at the end of each quarter. So this dodging the bullet is only the first of many showdown throughout the year, I’m afraid.

::cuddles LJ and FL::

32 thoughts on “still hanging on”

  1. Being laid off would have sucked. Being employed is much better. But how awful to know that you have to face this every three months! Unless they’re offering you a contract?

    1. They’re offering me a job, but I really have no idea how long my department will survive in the new company. They said they’re coming out with the next release – which if they stick to their word – means I probably have a year. After that – maybe I’ll be moved to Oracle projects. Or maybe I’ll be laid off. Really don’t know.

      Being laid off wouldn’t have been too bad – between the severance package and my options I have about a year’s worth of salary. I’d actually kind of prepared myself for that option – thinking fondly of the time off, of all the writing I could do – but being employed isn’t the worst thing either.

      Take care – hope you’re doing well.

  2. The sword of Damocles is such exciting fun, and does wonders for company morale… But hey, at least you’re not interviewing and training your probable offshore replacements (I hope) – that’s a really interesting experience…

    Good luck!

    1. It sure has been interesting. And I’m sure it’s going to continue to be interesting. We’ll see if I do end up training my replacement – wouldn’t surprise me, actually.

  3. I feel your pain. I dodged three of those before I finally got cut down, which was my fault for moving into product management instead of staying in Network Ops.

    Ah well. That was a good, good job while it lasted, and I floated quite some time on the severance before I got off my duff and back into the workforce.

    Here’s hoping you’ll have the ideal combination of ’employed’ and ‘paid-for-unemployment.’ 🙂

    1. I figure if they do the next release, I’ll have about a year. If they don’t do the next release, I’m probably gone come March.

      And thanks for the good wishes – hope things are going well for you as well.

    1. Our grandboss told us on Thursday that we were losing 10% of our department. Which wasn’t a great thing, but at least we knew that the entire department wasn’t being cut, as many were. So on Monday we should find out who was let go.

  4. Being laid off would have sucked. Being employed is much better. But how awful to know that you have to face this every three months! Unless they’re offering you a contract?

    1. They’re offering me a job, but I really have no idea how long my department will survive in the new company. They said they’re coming out with the next release – which if they stick to their word – means I probably have a year. After that – maybe I’ll be moved to Oracle projects. Or maybe I’ll be laid off. Really don’t know.

      Being laid off wouldn’t have been too bad – between the severance package and my options I have about a year’s worth of salary. I’d actually kind of prepared myself for that option – thinking fondly of the time off, of all the writing I could do – but being employed isn’t the worst thing either.

      Take care – hope you’re doing well.

  5. The sword of Damocles is such exciting fun, and does wonders for company morale… But hey, at least you’re not interviewing and training your probable offshore replacements (I hope) – that’s a really interesting experience…

    Good luck!

    1. It sure has been interesting. And I’m sure it’s going to continue to be interesting. We’ll see if I do end up training my replacement – wouldn’t surprise me, actually.

  6. I feel your pain. I dodged three of those before I finally got cut down, which was my fault for moving into product management instead of staying in Network Ops.

    Ah well. That was a good, good job while it lasted, and I floated quite some time on the severance before I got off my duff and back into the workforce.

    Here’s hoping you’ll have the ideal combination of ’employed’ and ‘paid-for-unemployment.’ 🙂

    1. I figure if they do the next release, I’ll have about a year. If they don’t do the next release, I’m probably gone come March.

      And thanks for the good wishes – hope things are going well for you as well.

    1. Our grandboss told us on Thursday that we were losing 10% of our department. Which wasn’t a great thing, but at least we knew that the entire department wasn’t being cut, as many were. So on Monday we should find out who was let go.

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