Getting worried about my job.

pontifex

Lifer
Dec 5, 2000
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A while back I posted about my company being sold to another. While there hasn't been any really official announcements of any kind, I've been hearing things from other people about things going on in the background that are starting to worry me.

I have to go through orientation next Wednesday so hopefully some of my fears will be allayed then.

I'm going to be screwed if they let me go though. I don't know what I'll do.
 

soydios

Platinum Member
Mar 12, 2006
2,708
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Originally posted by: pontifex
I'm going to be screwed if they let me go though. I don't know what I'll do.

backup plans are always handy, even though you hope you'll never need to use them. I would work on one now, just in case.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
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A company being bought out is definitely NOT a casket for your job. It can be cause to give concern, but a company buys another because the first is doing well or they see some investment opportunity and part of it doing well could be its employees.
 

pontifex

Lifer
Dec 5, 2000
43,804
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Originally posted by: Skoorb
A company being bought out is definitely NOT a casket for your job. It can be cause to give concern, but a company buys another because the first is doing well or they see some investment opportunity and part of it doing well could be its employees.

you're probably right. i guess its just that the "lower" employees are not being informed about anything. I guess its just not knowing a damn thing about whats happening.
 

thepd7

Diamond Member
Jan 2, 2005
9,423
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Originally posted by: FoBoT
the baby boomers are all retiring, plenty of jobs man, no worries

I wouldn't say no worries but the job market is definately getting better.
 

ryan256

Platinum Member
Jul 22, 2005
2,514
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Hopefully things will be alright. But start updating the resume just in case.
 

pontifex

Lifer
Dec 5, 2000
43,804
46
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Originally posted by: ryan256
Hopefully things will be alright. But start updating the resume just in case.

I don't have anything to update it with and it sucks to begin with anyway.
 

Xavier434

Lifer
Oct 14, 2002
10,373
1
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Originally posted by: pontifex
Originally posted by: ryan256
Hopefully things will be alright. But start updating the resume just in case.

I don't have anything to update it with and it sucks to begin with anyway.


If you get laid off then go find yourself a cozy job in your local county school district offices. Great benefits, minimal work hours, tons of vacation and sick time, descent money, an actual pension plan (not just a 401K), and a Union which will ensure that you never have to worry about job security again. I'm not sure what your expertise is, but I know that in my county they pay tech guys quite well.

You can't beat it.


***EDIT***

Also, do not forget to file for unemployment if it does happen. It's easy via the web and worth it.
 

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
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Ugh...buyouts are always bad news for the employees of the "buy-ee", but usually mean promotions for the employees of the "buy-er". I've lived through two of these situations before by looking for openings in the buyer's company and applying right away.
 

Special K

Diamond Member
Jun 18, 2000
7,098
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This might be a good opportunity for you to return to school, based on the many other threads you have posted about it.
 

pontifex

Lifer
Dec 5, 2000
43,804
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Originally posted by: Special K
This might be a good opportunity for you to return to school, based on the many other threads you have posted about it.

how do you afford school, let alone your other bills, without a job?
 

Special K

Diamond Member
Jun 18, 2000
7,098
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Originally posted by: pontifex
Originally posted by: Special K
This might be a good opportunity for you to return to school, based on the many other threads you have posted about it.

how do you afford school, let alone your other bills, without a job?

Student loans?
 

pontifex

Lifer
Dec 5, 2000
43,804
46
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Originally posted by: Special K
Originally posted by: pontifex
Originally posted by: Special K
This might be a good opportunity for you to return to school, based on the many other threads you have posted about it.

how do you afford school, let alone your other bills, without a job?

Student loans?

and how do you pay back a loan when you have no job?
 

Deeko

Lifer
Jun 16, 2000
30,213
12
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Originally posted by: pontifex
Originally posted by: Special K
Originally posted by: pontifex
Originally posted by: Special K
This might be a good opportunity for you to return to school, based on the many other threads you have posted about it.

how do you afford school, let alone your other bills, without a job?

Student loans?

and how do you pay back a loan when you have no job?

student loans generally are deferred until 6 months after you graduate.
 

pontifex

Lifer
Dec 5, 2000
43,804
46
91
how do student loans work if you're only taking like 2 classes a semester? do you take a loan for the projected cost of your degree or what?
 

Deeko

Lifer
Jun 16, 2000
30,213
12
81
you take a loan for the classes you are taking...often the school will have a set amount they'll authorize you to borrow based on the courses you're taking.