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Voluntary - shall I take it?

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  • eamon
    eamon Posts: 2,321 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Your post suggests that you believe current employer to be struggling. Have you seen the order book? Are the number, size, value of the orders decreasing? Who are your current clients? Are they in good health? If all the vibes are negative I'd be really tempted to take the money and run for the hills. Are you confident given your abilties and knowledge in getting a new job/income stream within a defined time period?
  • if they are struggling that bad why offer 11 months?

    Sure they don't just wanna get rid of you? Is this being offered to others?
    The Googlewhacker referance is to Dave Gorman and not to my opinion of the search engine!

    If I give you advice it is only a view and always always take professional advice before acting!!!

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  • eamon wrote: »
    Your post suggests that you believe current employer to be struggling. Have you seen the order book? Are the number, size, value of the orders decreasing? Who are your current clients? Are they in good health? If all the vibes are negative I'd be really tempted to take the money and run for the hills. Are you confident given your abilties and knowledge in getting a new job/income stream within a defined time period?

    Order book - NIL !!!!!

    Really struggling. Making huge losses.

    Hmm. My skills are pretty good and been made redundant three times before and always found new job in month or two.
  • if they are struggling that bad why offer 11 months?

    Sure they don't just wanna get rid of you? Is this being offered to others?

    Everyone in company been offered VR. Failing that 1/4 of workforce will go either way.

    Its a large european company, mainly French/German run so I guess the moneys there to pay out. The French/Germans arent doing so bad, the UK operation is.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    edited 3 April at 1:58PM
    [quote=[Deleted User];40687396]Everyone in company been offered VR. Failing that 1/4 of workforce will go either way.

    Its a large european company, mainly French/German run so I guess the moneys there to pay out. The French/Germans arent doing so bad, the UK operation is.[/QUOTE]


    Getting rid of UK people is a LOT cheaper than getting rid of French people.

    Comapanies will pay other compaies to take on failing business units in France, it is cheaper than trying to shut them down.
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