Downsizing is no longer politically correct.
We had an all hands meeting yesterday, 1500 of us in an offsite hall, and we all thought it was going to be a rah rah session, since the President had flown out to see us.
Well, it ended up being the formal notice that the first round of layoffs were to commence June 8th. It's a small number of people, and they are hoping it's the last round, but you know how these things can go. Kudos to the President coming out in person to say it to our face, instead of hiding behind an email from an efficiency consultant (like a previous job of mine).
I've been told I have nothing to worry about, but words are just words. I know I have funded work through Feb. however, so I'm not panicked yet.
Bottom line, I owe this site alot, the knowledge I've learned here, and the LBYM and super saver philosophy DW and I have picked up makes this a lot less scary. We have a good chunk of money saved up, and if the worst happens, I won't have to take the first job that comes along. The long term goal of RE is hard to stay focused on, but the FI portion pays almost immediate dividends, especially in times of adversity.
I'll update June 8th to let y'all know if I recieved one of the 50 "golden tickets".
We had an all hands meeting yesterday, 1500 of us in an offsite hall, and we all thought it was going to be a rah rah session, since the President had flown out to see us.
Well, it ended up being the formal notice that the first round of layoffs were to commence June 8th. It's a small number of people, and they are hoping it's the last round, but you know how these things can go. Kudos to the President coming out in person to say it to our face, instead of hiding behind an email from an efficiency consultant (like a previous job of mine).
I've been told I have nothing to worry about, but words are just words. I know I have funded work through Feb. however, so I'm not panicked yet.
Bottom line, I owe this site alot, the knowledge I've learned here, and the LBYM and super saver philosophy DW and I have picked up makes this a lot less scary. We have a good chunk of money saved up, and if the worst happens, I won't have to take the first job that comes along. The long term goal of RE is hard to stay focused on, but the FI portion pays almost immediate dividends, especially in times of adversity.
I'll update June 8th to let y'all know if I recieved one of the 50 "golden tickets".