The company filed for bankruptcy last month and part of it was bought by another company. Unfortunately, DH's division wasn't part of it. They have a townhall tomorrow so he should get some more info then, but so far we think he'll be done at the end of the year. He heard through the grapevine that the layoffs were supposed to happen today, but the CEO was considerate enough to put a stop to it due to the holidays. I expect that he will be unemployed by January. Financially it is going to suck, but I'm actually more concerned about his well-being. Not working is really going to kill him. He's working on updating his resume, but his industry (financial) is just really tough these days. I honestly wouldn't be surprised if he was out of work for at least 6 months. Between me being PG and him being unemployed, we will be one grumpy couple!
I forgot to add that he has already been looking for a new job for the past year and has several headhunters looking for him as well, so he is already familiar with the lack of opportunities in his field right now.
Re: Natalee
The company filed for bankruptcy last month and part of it was bought by another company. Unfortunately, DH's division wasn't part of it. They have a townhall tomorrow so he should get some more info then, but so far we think he'll be done at the end of the year.
He heard through the grapevine that the layoffs were supposed to happen today, but the CEO was considerate enough to put a stop to it due to the holidays. I expect that he will be unemployed by January. Financially it is going to suck, but I'm actually more concerned about his well-being. Not working is really going to kill him. He's working on updating his resume, but his industry (financial) is just really tough these days. I honestly wouldn't be surprised if he was out of work for at least 6 months. Between me being PG and him being unemployed, we will be one grumpy couple!
Thanks for asking!
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I forgot to add that he has already been looking for a new job for the past year and has several headhunters looking for him as well, so he is already familiar with the lack of opportunities in his field right now.
Thanks for the support, girls!