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Monday is announcement day.

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It's going to be grim. We stand to lose about 1/3rd of our workforce and have to go in on Monday to find out who's going and who's staying. I don't forsee it being a lot of fun for anyone.
Happy chappy
«1

Comments

  • Frozenace
    Frozenace Posts: 258 Forumite
    Good luck.

    I was made redundant in October but found out that my old company is gonna relocate to Switzerland...
  • LindsayO
    LindsayO Posts: 398 Forumite
    good luck from me too
    LindsayO
    Goal: mortgage free asap
    15/10/2007: Mortgage: £110k Term: 17 years
    18/08/2008: Mortgage: £107k Mortgage - Offset savings: £105k
    02/01/2009: Mortgage: £105k Mortgage - Offset savings: £99k

  • savingholmes
    savingholmes Posts: 28,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    good luck - I would spend the weekend polishing up your CV and looking for jobs - that way you will feel more in control if the worst happens....
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £174.8K Equity 32.77%
    2) £3K Net savings after CCs 6/7/25
    3) Mortgage neutral by 06/30 (AVC £22.5K + Lump Sums DB £4.6K + (25% of SIPP 1.1K) = 28.2/£127.5K target 22;12% updated 6/7
    4) FI Age 60 income target £16.5/30K 55.1%
    5) SIPP £4.6K updated 6/7/25
  • leo1976
    leo1976 Posts: 44 Forumite
    Just wanted to wish you the best of luck as well, fingers are crossed
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck - I don't know which would be "good luck" from your persepctive, some people want an excuse to leave without having to make the decision themselves.

    What industry are you in?
  • So I guess you work for Renishaws...

    It's a rough world out there what a company like Renishaws are having to lay people off.
  • Slightly off the wall I know but I was once in your situation and was really fearfull of going in on Monday. On the Sunday night by chance I happened to watch Saving Private Ryan - it suddenly occured to me that compared to what those guys went through I had absolutely nothing to fear. I went in thinking extactly that and later I learnt that my manager was made to feel uneasy when I had a huge grin on when he told me I had lost my job. Kinda puts things into perspective.
    Good Luck
    Mike Mc
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    Well, it's all happened. It wasn't actually quite as bad as I expected.
    Actually, bin that, it was just as bad as I expected.

    I wouldn't wish anyone to go through a day like today. Everyone sitting around waiting and knowing if they're asked in then it's bad news.

    At the moment I've still got a job. Facebook is alive with stories. Tomorrow it's survival mode for everyone left.
    Happy chappy
  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thanks for letting us know. Sometimes it can be worse for the people who are left. I hope they are looking after the survivors as well as the "let go".
  • Numpty_Monkey
    Numpty_Monkey Posts: 14,196 Forumite
    10,000 Posts Combo Breaker
    I've not been in the situation of still being there, but it can't and won't be easy on anyone, left or gone

    Hope it dosen't come to it, but have you got an emergancy plan
    CV up to date, and qualification stuff, possible refferencesthat sort of thing
    No harm in getting a few irons in the fire
    Make a worst case senario budget

    Hope you stay in work:A
    PROUD TO BE DEALING WITH MY DEBT NERD #869
    Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
    xx
    DFD 5/1/16
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