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Guess what my dad got from Boeing today.

as soon as i saw the subject i knew what this post contained.

sorry to hear that, unfortunatly we will see a rise in the unemployment rate for atleast another quarter or two.
 
very sorry to hear this...........tis sad people get treated this way after so many years doing a great job


hugs


Jen
 
That's very classy of them 🙁
And stupid. By doing both at the same time, they are establishing a link between age and layoff, potentially inviting age discrimination lawsuits. What kind of amateur HR operation are they running over there?
 
30 years? Nice pension and retirement. Congratulate him. He was a loyal hard working employee and raised a nice family off the income derived from 30 years of service to a great company.

Now he can go fishing with you, maybe up to Alaska. Or take a vacation to a warmer climate. Whatever. Sounds like a time to celebrate, not feel bad. He surely knew that this was coming and probably looked forward to it.

Cheers to your Dad.🙂
 
sorry to hear about the layoff but 30 years is a long time. congrats to him for keeping a job for so long!
 
BustaRhyme: He will be 54 in february. He doesn't qualify for early retirement until 55. He doesnt get full retirement until he is 65.

John: he had about $65k in retirement saved up I think. He had to take out a $25k(I think I can't remember the exact amount) loan against his retirement to refinance and pay off all of the bills, so there is a big chunk taken out of that. Also he and my mom are diabetic, so they NEED their health insurance and he will be paying $250 a month to keep his insurance, and $250 a month to keep my moms insurance.

Also, my younger brother is still in high school. They still are his only support.
 
Man, sept. 11 really took a toll on Boeing.

It's crazy, on September 10th i went to a boeing info session at my college, and they were talking about hiring like mad

THEN, the 11th goes down, and practically overnight they laid off like what, 30,000 people or something?

It's crazy...sorry to hear about your dad

did he get any compensation for being let go?
 
Hmmmm bombardier is doing fine here in Quebec... they just hired a bunch of people a few months ago like 2 weeks after the WTC
 
He will be 54 in february. He doesn't qualify for early retirement until 55.

I have heard of SEVERAL companies that can you before the benefits kick in. So sad.
 


<< Hmmmm bombardier is doing fine here in Quebec... they just hired a bunch of people a few months ago like 2 weeks after the WTC >>



Thats cause its a smaller company then Boeing AND they got couple of new contracts to make Subway trains for some european companies.
 
It's not just 9/11.... also because of boeing losing the JSF contract. My dad was working on the prototype, and that is what he would be workin on right now had boeing got the contract.
Boeings biggest mistake is letting the execs from McDonald Douglas(spelling?) keep positions of power. They brought their own company to the ground, and now Boeing. Also Boeing exec's don't want to lose their stock bonuses and stuff. My aunt got laid off a few years ago (after about 20 years) because of the same thing, Boeing lays people off, stocks go up, meet goals, executives get their bonuses.
 
I think having JSF replace most fighters is a mistake. First of all, if there is problem with JSF like Osprey, we might need to ground all of these fighters in USMC, USAF, and NAVY. Also, giving all the fighter business to Lockheed means that Boeing will stop building fighters, and in the future we'll have to pay more because of less competition.
 


<< He will be 54 in february. He doesn't qualify for early retirement until 55. >>



Damn, I always hate this when it happens. A lot of companies are doing this nowaday!
Sorry for the bad news. I hope he's saved up his 401K.

Man, The Bushs' seems always bringing bad luck.
Just only one year in his term, the budget is in red ink already.
 
Wow, did not know that a bunch of hypocrites populate this forum.

This fourm is famous for its staunch hatred for workers unions and anything else to do with employee relations and welfare.

But now you all pretend to shed a tear for this poor guy? BS!

Tomorrow you'll be back spoutin' off about how loathsome employment laws and regulations are, about how awfull it is that large corporations must pay severence
pay to recently laid iff workers, etc. Dumb hypocrites.






 
my mom lost her job because of 9/11 also . she worked in finance doing big airline accounts. continental was one of their big clients, and well after 9/11 they all got fired.
 


<< Wow, did not know that a bunch of hypocrites populate this forum.

This fourm is famous for its staunch hatred for workers unions and anything else to do with employee relations and welfare.

But now you all pretend to shed a tear for this poor guy? BS!

Tomorrow you'll be back spoutin' off about how loathsome employment laws and regulations are, about how awfull it is that large corporations must pay severence
pay to recently laid iff workers, etc. Dumb hypocrites. >>



You are a friggin idiot man. Can't you let your hate for people go for just a minute and just say, "Sorry to hear that man, hope everything works out."

Sorry for being so harsh, but this thread is not the time to be bashing people.
 
First of all, I would like to offer my sympathy to your present situation. It seems that most of the country's long-time profitable businesses are dying slowly...Recently Kmart and Service Merchandise in the Retail sector..


As for the unsympathetic fellow, get a life. This man has been working for a top-level corporation for 30years. Obviously he knows his stuff, and deserves that much repect. To come bash us all for actually caring about people's well being is the lowest form an argument can take and negates any repect for any arguments you make from then on.

Regardless of what people argue concerning business problems, there comes a neutral period when we grieve for our losses.
 


<< Recently Kmart and Service Merchandise in the Retail sector.. >>


Actually my mother in law works for K-Mart and every year they hear the same chapter 11 rumors around the same time.
 
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