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Old 04-14-2021, 11:30 AM   #61
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My manager called me and confided he was going to have to go down one head count. He hinted it was going to be my partner and how it sucked because she just had a big loss in a divorce. I told him I'd be happy to be the one let go as I had met with Fido a month before and learned I had enough to retire.
My manager retired early less than a year later. My old partner is still working. Glad I was able to leave instead of having to absorb that much extra work.
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Old 04-14-2021, 12:49 PM   #62
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I told my boss in April 2013 after 24 years at Megacorp. I had just turned 52. He was quite surprised. He thought I was a "lock" for at least another 3 years. Megacorp's official "early retirement" was age 55, at which point the pension gets a big boost and you get to keep all unvested options and RSUs. At 52, I'd be walking away from a lot.

I had started a new assignment recently and he assumed I wasn't happy with it. I told him it had nothing to do with that. Nevertheless, he sent various people, including his boss, to talk with me and figure out what it would take to get me to stay. They offered me a different job with no travel. I said no thanks. After a week or so of these meetings, they finally realized I was actually going to leave.

They asked me to keep it quiet for a "couple weeks" (which turned into a month) while they identified a replacement. My retirement was announced in late May, along with my replacement. I agreed to stay through the end of July to help my replacement get oriented. Then I spent the next 4 months consuming my unused vacation balance, which otherwise would have been cashed out at 75%. I also worked from home one day per week consulting on an acquisition project that I had been involved in.

My final termination on Nov 30 was sort-of a non-event. I drove in, went to HR, turned in my badge, laptop, and signed a bunch of non-compete stuff. All in all, I'd say it was a fairly positive experience for both sides.
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Old 04-15-2021, 07:57 PM   #63
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My IT Megacorp that I worked for over 40 years was so messed up. As they 'cancelled' Christmas vacations and the 3 months after because of a so-called 'critical go-live' date on the account I supported, I gave them my notice about a week before Christmas 2012, last day being Dec. 31. Totally uneventful. Management and HR were so messed up they never closed on my badge or laptop. It was hideous, to say the least. Guess after that long, you are a dispensable, overpaid, asset. Anyone in IT knows about cheap labor from overseas replacing those who know a lot. No regrets, blessed, and living off my pension.
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Old 04-16-2021, 09:21 AM   #64
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I stepped down to part-time from full-time and did that for two years because of my health. The whole time and even before that, I did say from time to time that I would be retiring early but I don't think my bosses and long time coworkers ever really believed me. When I went part-time, they thought, oh, she'll be back... Then finally, I'd had enough. That last night I was working I had decided it would be the last. I waited a few weeks and went to tell my boss to take me off the payroll. He seemed quietly surprised and didn't say much at first. I told him there wasn't any reason for me to continue on working because I was suffering physically and I didn't need the money. "If you ever need to come back" he said....I said "Well, I appreciate that, but I don't think I'll ever have to."
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Old 04-17-2021, 03:12 PM   #65
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I turned in my resignation to my SVP who was a good friend. He asked if there was anything he could do to change my mind. When I said "No", he asked if I'd do him a favor and hold on to my letter overnight, so I did.
Bright and early the next morning, I gave him my letter again. Without saying word, he took it and went in to our Presidents office, so I went back to my office.
About 20 minutes later, he came into my office, shut the door and told me that he'd resigned too.
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Old 04-17-2021, 03:23 PM   #66
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Originally Posted by EllisWyatt View Post
I turned in my resignation to my SVP who was a good friend. He asked if there was anything he could do to change my mind. When I said "No", he asked if I'd do him a favor and hold on to my letter overnight, so I did.
Bright and early the next morning, I gave him my letter again. Without saying word, he took it and went in to our Presidents office, so I went back to my office.
About 20 minutes later, he came into my office, shut the door and told me that he'd resigned too.
Now THAT is a cool story! I'm guessing you found a new bonding with SVP. Even good friends can find new experiences to draw them closer together. I hope it all turned out well for both of you.

Heh, heh, I do feel a bit sorry for the President as he was probably left scratching his head and wondering what had just happened - and what might be coming next!
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Old 04-17-2021, 04:29 PM   #67
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Back in January 2007, my boss and boss's boss weren't happy about my departure, primarily (I suppose) because my resignation made them look bad. I really didn't give this much thought, because I was moving out-of-state and facing the prospect of no W2 income for the first time in almost 20 years. In short, back then megacorp was 'the past' and 99% of my mental energy was concentrated on 'the future'. Now, in 2021, megacorp is the 'distant past' - practically another lifetime ago.
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Old 04-17-2021, 05:16 PM   #68
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Back in January 2007, my boss and boss's boss weren't happy about my departure, primarily (I suppose) because my resignation made them look bad. I really didn't give this much thought, because I was moving out-of-state and facing the prospect of no W2 income for the first time in almost 20 years. In short, back then megacorp was 'the past' and 99% of my mental energy was concentrated on 'the future'. Now, in 2021, megacorp is the 'distant past' - practically another lifetime ago.
15 years gone and I thought so too and then I had one of my rare Megacorp dreams - last night. Who knew?
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Old 04-17-2021, 10:49 PM   #69
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Care to share? I like to hear what it was like from good to bad.
I actually told my boss in late 2018 that I wanted to call it a career, hang up the pencils. Wasn't expecting it but they substantially raised my comp, so I said, yeah, I think I'll stick around for a few more years. But the ego boost of a comp increase lasted only about three months, and the itch to retire returned as a horrible retirement psoriasis. Then we negotiated a severance package that incentivized me to stick around, working part time, long enough to hire someone for my role and bring them up to speed.

Took far too long to find someone..despite the search being in good faith, just tough to find the right candidate....finally brought someone on board June 2020, and I just retired end of March 2021.

All the negotiations were in good faith, and didn't feel adversarial in any way. Boss was incredibly cool throughout the process, and other than still being tired of the job, was a nice year and a half process of ending a career.

I'm very thankful for how it all worked out.
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Old 04-21-2021, 07:01 PM   #70
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It actually got .... More interesting.
The company was an American division of an international company, and the head office overseas really didn't understand how the industry in the U.S. worked.
It was a constant challenge. I did my best to mitigate/educate/overcome the cultural challenges including learning the language so I could communicate with the board of directors and head office management, bringing over and mentoring young technical personnel, etc., etc..
When we got the new president who - not realizing I understood the language - said extremely derogatory things about Americans to the non American staff, it was obvious to me that it was time to go..
I had enough, and I'd had enough.

Once the SVP and I resigned, the next day every American manager and the entire American technical staff quit.
Within 48 hours, the company lost over 650 years of experience.
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Old 04-21-2021, 07:30 PM   #71
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We had a really good guy that was always talking about retirement - his "gold", "silver", or "cardboard box" plan and how close he was to those milestones. Shocker - when COVID crashed the business, he was picked to be let go. So I would recommend people not blab about it until they are ready to give formal notice.

Also in some organizations and in some positions in many organizations (say sales), they may want you out of the building immediately if you give notice, so be sure you are ready to roll when giving notice.
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Old 04-21-2021, 09:35 PM   #72
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Originally Posted by EllisWyatt View Post
It actually got .... More interesting.
The company was an American division of an international company, and the head office overseas really didn't understand how the industry in the U.S. worked.
It was a constant challenge. I did my best to mitigate/educate/overcome the cultural challenges including learning the language so I could communicate with the board of directors and head office management, bringing over and mentoring young technical personnel, etc., etc..
When we got the new president who - not realizing I understood the language - said extremely derogatory things about Americans to the non American staff, it was obvious to me that it was time to go..
I had enough, and I'd had enough.

Once the SVP and I resigned, the next day every American manager and the entire American technical staff quit.
Within 48 hours, the company lost over 650 years of experience.
Toyota, right?
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Old 04-22-2021, 08:03 AM   #73
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No, but it was a very large Japanese company.
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Old 04-22-2021, 05:03 PM   #74
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15 years gone and I thought so too and then I had one of my rare Megacorp dreams - last night. Who knew?


Good to hear someone else still gets w@rk dreams years later. I had them several times a month for a few years. After moving far away to a totally new environment, they have subsided to only a few a year. I interpret this as a very long transition out of the stressful w@rk world
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Old 04-23-2021, 09:36 PM   #75
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1st Retirement: in that I was retiring from a county director position where I was the only ombudsman for 11 clinics & 1 accute care hospital, I needed to give 6 months notice so they could post / test / hire meaning there wasn't much of a surprise. Did SWOG for a few years as a consultant but it was very VERY PT

Then worked 2 hrs a week as a WW Leader bc I wasn't mentally ready to retire.

Final Retirement: then 20 week for a few months in a 'regular' office. The office was put on furlough and was supposed to return 2/1/2018. Told her 1/31/2018 I couldn't go back. (I was a replacement for someone who did the same thing). Stick a fork in me, I was done.
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Old 04-27-2021, 01:44 PM   #76
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We had a really good guy that was always talking about retirement - his "gold", "silver", or "cardboard box" plan and how close he was to those milestones. Shocker - when COVID crashed the business, he was picked to be let go. So I would recommend people not blab about it until they are ready to give formal notice..
I agree 100%. I kept my retirement plans to myself because I had frequently heard other managers make decisions about salary, assignments, and promotions based on their beliefs about how long a employee might be around. People who were known to be retiring soon got shafted all the time.

I sat down with my boss 90 days before my departure to let him know and he was definitely surprised. Once he understood that my decision was strictly financial and was not because I was unhappy, he was great. Had a nice going away lunch with a few nice gifts. I help conduct the interviews for my replacement. Then I spent my last week with my replacement doing a complete brain dump.

I could not have asked for a more pleasant departure. Once a year when Im back in town, I meet a bunch of my former cohorts for happy hour and it reminds me of all the crap that I escaped.
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Old 05-06-2021, 08:50 AM   #77
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Care to share? I like to hear what it was like from good to bad.
Mine was pretty amusing. A while back, I had gotten the ER bug (as someone here likes to say "my bs bucket got full" ), and the DW and I started scrutinizing our spending and going over our savings and investments.

It was not long after that when FIREcalc and other calculators told us that we were at our FI number. It was much earlier than I'd expected and I floated around for a couple of days in stunned amazement. (I actually woke up in the middle of the night 3 days in a row and sat in the dark with a huge grin on my face. The DW was worried about me, but I was just savoring the incredible feeling of being FI.)

When things settled down, the DW and I agreed that we would take some time and figure out the optimal time for me to give notice. However, later that week my client called me in for a meeting. He told me of the next big assignment he had for me. It was another mess created by someone else that the company was now looking for me to clean up.

That had been the modus operandi in the two years I had been assigned as a consultant to this company. I know its what consultants do, but cleaning up these messes had accelerated the filling of my bs bucket. So, without conferring with the DW, and as if someone else was speaking, I heard the words "You're going to have to find someone else to handle this because I'm retiring at the end of the month."

My client was pretty surprised to hear I was retiring. But, not nearly as surprised as I was! I could not wait to end the meeting because I needed to call the DW and let her know what I'd done!
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