Thursday, November 04, 2010
Just as my husband predicted
My husband told his company several years ago that if they sent their production to China the business would decline and eventually bring on it's own demise. He didn't want to be right, but apparently he has more business sense than the company owners. Sales slipped every year. Quality grew worse and worse. Lost accounts, big ones. Lay-offs. Finally, the owners are forced to sell the company to a large corporation who deals mostly where? Yep...China. They don't want the people however, just the equipment. So, hubby is being let go, all the people at his company are being let go. The regular workers Dec. 17, and the managers "up to" March 31. My husband is a manager, but he isn't holding his breath. They already gave him a wonderful severance pay of $100. Yes, you read that right. $100. That is the severance for 25-30 years of hard work and dedication. Hope he finds a job soon so he can tell them adios.