Anywho so tonight is our company party! Hoorah yeah? Sorta has a damper on it because they just announced a little 5% workforce layoff for Moto which will happen by the half of the year. It is only 5% over 70k employees which is about 3,500 folks across the company. Truth is, it may not hit us at all. However, now do the math.. think acquisitions, think overlap. Synergy is the keyword here (read: Duplications). So right now the morale here just took a pretty large hit. You can sense it, you can feel it, its in the air. The uncertainty and security just went out the door. So right now its going to be a large damage control measure. However the light at the end of the tunnel is, if you make it past this layoff, then you are probably golden. The other thing is, you are probably guaranteed a great package. Either way, its time to dust off the resume, fix it up and just do whats right for your house. With the uncertainty looming, its bound to be a very interesting next few months while it all develops. Anyone know anyone hiring? LOL!
Im not sure what I personally am going to do, I don't believe I am safer than anyone here. I would like to stay here, but who knows what the future holds. I do have a mortgage payment that i am putting extra away for as we speak. Im going to try to have a 2 month reserve minimum for me in the bank for the just in case. Not to mention 401k that can be taken out for a few extra months of getting by. Ugh! now comes the financial crunch.
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