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we just got horrible news..IT HAPPENED

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Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

we just got horrible news..IT HAPPENED

looks like DH's company is going under and he will lose his job...I'm sick to my stomach b/c we just bought a house last year and we can't afford all the bills plus the mortgage on my salary alone

I just sent him a whole bunch of job listings from monstor, but still i feel helpless
this sucks sooooo muchChat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon



Update***
They started trading the company's stock again yesterday but it plumetted down to $1.04...They can't pay on over 800 million $$ of loans...and no one wants to lend them money...as of yesterday a few companys made offers to buy them out, but they declined....
DH is just waiting for official word...he said everything was very quiet in the office yesterday and today you can hear a pin drop.

Update ************

Looks like tomorrow will be my DH's last day at his company...they are just going in tomorrow to discuss their benefits; however they might not get paid, so pretty much after that they can leave.....THIS STINKS
Chat Icon Chat Icon Chat Icon


8/2***Dh still hasn't heard anything yet, just sitting in the office hanging out...but his friend that works down in Atlanta just called him and told him that his whole branch just got laid off


1:00 PM: Dh just called and said the company is closing a bunch of people already left but they asked some to stay to take phone calls and what not...they are working on a deal to get them paid for all their unused vacation and sick time...Chat Icon Chat Icon

Message edited 8/2/2007 1:06:46 PM.

Posted 7/31/07 9:25 AM
 
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CaseyGirl
Mommy to 3 Boys :)

Member since 5/05

19978 total posts

Name:
Jen - counting my blessings...

Re: we just got horrible news...

I am sorry Chat Icon Take a deep breath. What field is your DH in? Have him contact a headhunter. Will he be getting severance? Do not panic - it will work out!! Chat Icon Chat Icon Chat Icon

Posted 7/31/07 9:27 AM
 

LaPetiteSirène
:)

Member since 8/06

5196 total posts

Name:

Re: we just got horrible news...

Chat Icon Things always have a way of working themselves out. Chat Icon Hang in there.

Posted 7/31/07 9:27 AM
 

Porrruss
Nya nya nya

Member since 5/05

11618 total posts

Name:
Amy

Re: we just got horrible news...

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Posted 7/31/07 9:27 AM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: we just got horrible news...

Chat Icon I am so sorry!! I hope he finds something else soon!! Chat Icon Chat Icon Chat Icon

Posted 7/31/07 9:28 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: we just got horrible news...

I am so sorry

is there some type of job he can get in the mean time?

it will be ok- make a list of everything you can cut back on- you would be surprised how much you waste

Chat Icon

Posted 7/31/07 9:29 AM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: we just got horrible news...

Posted by CaseyGirl

I am sorry Chat Icon Take a deep breath. What field is your DH in? Have him contact a headhunter. Will he be getting severance? Do not panic - it will work out!! Chat Icon Chat Icon Chat Icon



he works in IT...he is contacting a headhunter as we speak....and I don't think he will be getting severance since the company is going bankrupt...
I can't believe this...we moved down the NC with his NY salary and it was mint...now I don't know what he will make...all the big bucks are in Charlotte or Raliegh and they are an hour away from our house

Posted 7/31/07 9:29 AM
 

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: we just got horrible news...

Oh i'm so sorry! It will work out!!! Chat Icon Chat Icon

Posted 7/31/07 9:31 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: we just got horrible news...

Posted by Nicole728

Posted by CaseyGirl

I am sorry Chat Icon Take a deep breath. What field is your DH in? Have him contact a headhunter. Will he be getting severance? Do not panic - it will work out!! Chat Icon Chat Icon Chat Icon



he works in IT...he is contacting a headhunter as we speak....and I don't think he will be getting severance since the company is going bankrupt...
I can't believe this...we moved down the NC with his NY salary and it was mint...now I don't know what he will make...all the big bucks are in Charlotte or Raliegh and they are an hour away from our house



I agree with the poster above. it will work out. Also, an hr commute is not the end of the world. Lots of us do it.

If it's a good job and a good oppy, it will be worth it.

Try not to think the worst. Even if a firm goes bankrupt, they may still offer severance and he will get unemployment.

Hang in there.

Posted 7/31/07 9:32 AM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: we just got horrible news...

I'm trying to stay positive...I guess i'm freaking out more b/c I'm a teacher and got hired late in the school year, so i'm not being paid for the summer...which means I don't get paid till September...and even if he does get unemployment it won't be enough to cover our bills
I can feel the vomit rising in my throatChat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 7/31/07 9:35 AM
 

MrsSchwags
Soccer Baseball Lax Mom

Member since 10/05

11240 total posts

Name:
Jennifer

Re: we just got horrible news...

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Posted 7/31/07 9:36 AM
 

seank80
Don't Taze My Dog Bro!!

Member since 5/07

2240 total posts

Name:
Sean

Re: we just got horrible news...

Sorry to hear that. IT is a crazy world. You always hear of layoffs and such. I got into a position with the state. We also have a union so losing my job ever is pretty unlikely. See if any local universities down there are hiring. It's good pay and very stable.

Posted 7/31/07 9:38 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: we just got horrible news...

Posted by Nicole728

I'm trying to stay positive...I guess i'm freaking out more b/c I'm a teacher and got hired late in the school year, so i'm not being paid for the summer...which means I don't get paid till September...and even if he does get unemployment it won't be enough to cover our bills
I can feel the vomit rising in my throatChat Icon Chat Icon Chat Icon Chat Icon Chat Icon



do you have any savings at all? Something to get you through for a few months?

I find it hard to believe that within the bankruptcy, there won't be some severance..I hope there is for your sakes.

Posted 7/31/07 9:42 AM
 

pugmama
April already?

Member since 3/06

5297 total posts

Name:
Erica

Re: we just got horrible news...

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Posted 7/31/07 9:42 AM
 

MsMBV
:P

Member since 5/05

28602 total posts

Name:
Me

Re: we just got horrible news...

Posted by seank80

Sorry to hear that. IT is a crazy world. You always hear of layoffs and such. I got into a position with the state. We also have a union so losing my job ever is pretty unlikely. See if any local universities down there are hiring. It's good pay and very stable.

ITA. BIL is an IT and had a hard time finding anything stable. He now works in a hotel. This has been a great place for him to work, as he gets perks and has been promoted several times in a short amount of time.

It will be OKChat Icon

Posted 7/31/07 9:45 AM
 

Shorty
.

Member since 5/05

30390 total posts

Name:
really

Re: we just got horrible news...

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Posted 7/31/07 9:55 AM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: we just got horrible news...

Posted by seank80

Sorry to hear that. IT is a crazy world. You always hear of layoffs and such. I got into a position with the state. We also have a union so losing my job ever is pretty unlikely. See if any local universities down there are hiring. It's good pay and very stable.



thanks I just fowarded him a job at a major University here.
i know wherever he goes he will do well, b/c he is great at his job...this just hurts

Posted 7/31/07 9:56 AM
 

seank80
Don't Taze My Dog Bro!!

Member since 5/07

2240 total posts

Name:
Sean

Re: we just got horrible news...

Posted by Nicole728

Posted by seank80

Sorry to hear that. IT is a crazy world. You always hear of layoffs and such. I got into a position with the state. We also have a union so losing my job ever is pretty unlikely. See if any local universities down there are hiring. It's good pay and very stable.



thanks I just fowarded him a job at a major University here.
i know wherever he goes he will do well, b/c he is great at his job...this just hurts



Just to let you know I work at Stony Brook and took a small paycut as to what I would make in the city. But the environment is laid back. The benefits are awesome and it's totally low stress. No OT as of yet. And I work 8 to 4:30.

Posted 7/31/07 10:00 AM
 

Shorty
.

Member since 5/05

30390 total posts

Name:
really

Re: we just got horrible news...

I have a friend that does IT for a hospital/medical center - he's very happy there.

Posted 7/31/07 10:01 AM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: we just got horrible news...

Posted by Shorty

I have a friend that does IT for a hospital/medical center - he's very happy there.



thanks Ill check out some of those websites too!

Posted 7/31/07 10:06 AM
 

danielleandscott
My new 71 Super Beetle

Member since 5/05

13476 total posts

Name:
Scott

Re: we just got horrible news...

So sorry this has happened to him.

Have him look here
dice.com

indeed.com

Posted 7/31/07 10:09 AM
 

dandj
Love of my life....

Member since 5/05

3687 total posts

Name:
Denise

Re: we just got horrible news...

Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Hope things work out!

Posted 7/31/07 10:11 AM
 

seank80
Don't Taze My Dog Bro!!

Member since 5/07

2240 total posts

Name:
Sean

Re: we just got horrible news...

Posted by Shorty

I have a friend that does IT for a hospital/medical center - he's very happy there.



I work on the hospital side at Stony Brook and I am very happy.

Posted 7/31/07 10:11 AM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: we just got horrible news...

Posted by danielleandscott

So sorry this has happened to him.

Have him look here
dice.com

indeed.com



Thanks! I just fowarded a bunch of listings to him!!!!


I really appreciate it!

Posted 7/31/07 10:21 AM
 

lvdolphins
My Loves!

Member since 5/05

46292 total posts

Name:

Re: we just got horrible news...

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Posted 7/31/07 10:22 AM
 
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