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Redundancy kills people?!!

Comments

  • GonzoAston
    GonzoAston Posts: 1,390 Forumite
    Well, im not middle ages, yet ;)

    I got made redundant from the same job.....twice once. That was fun :rolleyes:

    Basically, it went into administration as one of directors was pilfering funds away. Administrators got called in....see ya later. Luckily was there just over 2 years, so got monies.

    Then the company got bought from the administrators....about 3 weeks after being made redundant the new owners took us all back on, well, those who would go. I wasnt working at the time, so went back. 1 year later, company goes bust, redundant again.

    Its never fun, but you have to pick yourself up, dust yourself down, and get back out there. It is hard though.
    I know my spelling is shocking :eek: It is alot better than it used to be though :rotfl:
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    GonzoAston wrote: »
    It is hard though.

    I can see why a lot of those people that were laid off from heavy industry in the early 80s just gave up in the end.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think I hold the record for the person who has been laid off most times ever... I've not had a job lasting more than 15 months since 1982. Obviously no monies ever. I've picked myself up every time, had to live on my resources, then had to try to catch up when I got the next job, only for it to happen again.

    I've spent my life starting/stopping, starting all over, catching up again.

    It's not killed me yet. My attitude to being laid off has been very much "just another day then" for years. I even say to people "every day I go to work I wonder if I have a job; every day I go home from a job I know I had a day's work".
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I think I hold the record for the person who has been laid off most times ever... I've not had a job lasting more than 15 months since 1982. Obviously no monies ever. I've picked myself up every time, had to live on my resources, then had to try to catch up when I got the next job, only for it to happen again.

    I've spent my life starting/stopping, starting all over, catching up again.

    It's not killed me yet. My attitude to being laid off has been very much "just another day then" for years. I even say to people "every day I go to work I wonder if I have a job; every day I go home from a job I know I had a day's work".

    I bet the local workforce nickname you Uncle Albert and dread when you walk through the door :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    I bet the local workforce nickname you Uncle Albert and dread when you walk through the door :eek:
    I was known as the Black Widow at one point ... and I told the people about my history when I started my best ever job about 12 years ago. They laughed, the company was solid and had been going 150 years.

    One year to the day, the anniversary, of me starting there, the Director stood on my desk and announced a takeover bid. That went ahead and they were closing down the whole section where I was, advice was "if you're new get out now before there's a lot of redundancies; if you've been here 20 years hold on as long as you can for your package"
  • geoffky
    geoffky Posts: 6,835 Forumite
    In the early 80s i got made redundant six times but i never bothered me then because i was young and single but i do remember the older people crying and were worried sick about their mortgages...in one job i left to go to a better one three weeks later they all got made redundant and had a big union dispute about it and sat in the place...the end story was the lad who replaced me three weeks earlier got 15k payoff and that was a bit hard for me to swallow at the time...
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • harryhound
    harryhound Posts: 2,662 Forumite
    Tax free too
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Despite the up's and downs I prefer having my own business. Those that go belly up in my personal experience do so for 2 reasons;

    1) Insufficient margin / lack of sufficinet emmergecny savings for the inevitable down turns and surprises

    2) Over optimism - which can manifest for example as trying to grow to fast, over borrowing or over relyiance on 1 or 2 large clients.
  • Alan_M_2
    Alan_M_2 Posts: 2,752 Forumite
    Conrad wrote: »
    Despite the up's and downs I prefer having my own business. Those that go belly up in my personal experience do so for 2 reasons;

    1) Insufficient margin / lack of sufficinet emmergecny savings for the inevitable down turns and surprises

    2) Over optimism - which can manifest for example as trying to grow to fast, over borrowing or over relyiance on 1 or 2 large clients.

    You do have an ever so strange black and white outlook on business.

    Imagine if we all lived in your little bubble.

    Nothing would ever be manufactured, nothing would be built, very few businesses would be able to hold any stock. We'd all be brokers of one sort or another....the problem with that is, if people didn't borrow, didn't manufacture, didn't rely on large customers/orders there would be no need to borrow.....in which case, ironically, there'd be no need for you.
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