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Announcement from our Corporate Office today - Mike's Journal [entries|archive|friends|userinfo]
Mike

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Announcement from our Corporate Office today [Oct. 12th, 2004|08:21 am]
Mike
In an email from our CEO today, he announced the following executive management changes in our company
1. Departure of our President and Chief Operating Officer
2. Departure of our Executive Vice President of Business Development and Chief Investment Officer
3. Departure of our Executive Vice President of Diversity and Corporate Affairs
4. Departure of our Executive Vice President of Human Resources
5. Departure of our Executive Vice President and Chief Financial Officer (only position which will be replaced)

in addition he announced:
"Change, while inevitable, is difficult. I appreciate your efforts to stay focused on our business during this transition, and while additional organizational changes may become necessary at the corporate office, we’ve developed and will soon implement a retention and severance plan which includes a stay bonus of up to three months of pay, a three month COBRA subsidy program and the standard severance program for all employees who may become adversely affected by the corporate right-sizing. I believe this recognizes everyone’s committed efforts. You will receive more detailed information from the Corporate Human Resources Department"

To be honest, I sorta hope that my position is one that will be eliminated. It would kill me financially, but will force me to start over again, which is something that I've been wanting to do anyways.

Guess I'll find out sometime this week.
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Comments:
[User Picture]From: bearwilly
2004-10-12 03:59 pm (UTC)
hehehe you dont wanna get laid off quite yet :) laid maybe :) get off maybe but not laid off :) they always keep people like you around..........you know the ones who do a lotta stuff cheaply for em :) smooch and tugs
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[User Picture]From: txlthrson
2004-10-12 04:25 pm (UTC)
Laid would be good.
I will admit that I do alot for them, but the jobs that I do can easily be assigned to each individual department. Most of the jobs that I do are jobs that no one else wants to do.
Basically I am an overpaid data entry clerk who does some analysis when I get time off from creating the damn reports.
(Reply) (Parent) (Thread)
[User Picture]From: bearwilly
2004-10-12 06:20 pm (UTC)
hey then stop whining :) woofs :)
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