The deal to buy out the company was completed last Tuesday. I spent most of Wednesday closing the books on the CRO end of things and starting things anew as an affiliate of the new company.
Thursday, we had a "town-hall" meeting at the corporate office. No representatives from the new company were present, so the meeting was conducted by one of the 5 executives appointed to oversee our division. He didnt tell us anything we didnt already know. As a hotel chain, we are still for sale. The company has already moved 14 of the properties that we owned into a new brand called Luxury Resorts. That move leaves us with 17 properties currently under our flag that are owned, the remaining 110-115 properties are under management contracts or franchise agreements.
There was quite a bit hostility towards management at the meeting. People who felt that we, as employees, were lied to and not told certain things. People who were upset that they were not laid off.
My reaction to all this - No one lied to us. Of course, the company couldnt disclose everything to us. That is a given. They told us what they thought we needed to know. #2 - although I would not have minded if I was laid off, I'm happier that I still have a job. The current job market sucks and I've seen too many friends get laid off and struggle to find a new job. Although 23 week lump sum severance would have been nice.
One good thing that came out of the meeting. They told us to take the rest of Thursday and Friday off.
So Thursday, after I got home, I mowed the yard, cleaned things around the house and started the laundry. Friday, a group of us from work decided to get together for lunch for a co-worker's birthday. and since we were all off of work, we could have a few cocktails.
Friday night, Dad and I headed to Los Lupes for dinner. It seemed hot when we walked in the door and by the time we were seated, I had sweat pouring down my face. We decided to leave and go to a place that would actually have a working AC unit. So we headed to Two Rows. After that, we headed home to relax for the evening.
Saturday, we hung out at the house for most of the day. Dad had some work to do and I wanted to get a few things taken care of. Saturday night, we went over to a friend's place to play poker. It was a fun filled night and I only walked home with $1 less than I had when I started.
Sunday, I helped Dad pack for his trip and then dropped him off at Love Field so that he could catch his flight to San Antonio. He has a hectic schedule this week. Monday-Tuesday he is in San Antonio, Tuesday night he leaves for OKC, where he is there til Thursday AM, then flies to Kansas City til Friday night. He will be home Saturday, then flies Sunday to Houston for 3 days. Wednesday he is back in Dallas and Friday we leave for DELTA.
After I dropped Dad off at the airport, I stopped by my friend John's place for a pool party. It was a fun time. Probably around 35-40 guys there. Sat around and chatted with some of the guys and basically relaxed. Got home around 7:30pm, just in time to watch the series finale of Six Feet Under. I missed part of it because my parents called, but caught most of it. This was probably one of the best series finales that I have seen. The last 10 minutes or so were definitely tear-jerking. I loved the show the first season, then it sorta fell off my radar. I wasnt one of those shows that I had to see every week. I would usually record it on the DVR and watch it when I had time. ROME starts next week. It'll be interesting to see if I can get into the story and not just the eye-candy on the screen.
On another note- one good thing about the layoffs with the company. I would say 85% of my work problems and headaches have been eliminated. I may actually enjoy my job again.