The department I work in is a "merger synergy" department. What is "merger synergy"? "Merger synergy" is a department where there are duplicate jobs. Let me preface this a bit, I have been at my job 6 years, and in that 6 years I have been through 3 mergers. This last merger (the smallest company we bought) has been the worst. Our department was tagged a "merger synergy" group and therefore, will undergo some cuts. 37% of my department will be cut, to be exact. It's funny, because we have NEVER been busier. They are replacing full-time employee's with contractors.
We just had our first round of lay-offs. Yesterday, people received a letter saying that in 60 days their employment with the company will end, in that 60 days they can apply for new jobs within the company, and if they get a new job they can stay with the company. I did not receive a letter! Phew... I am safe for now. The next round of lay-off comes at the end of the year, that round I probably will not survive. We'll see what happens...I hope to have a new job by then.
To be continued...
Tuesday, May 1, 2007
Surviving the Cut
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1 comment:
I'm glad for you, but you know what this means: keep your eyes/ears open, and watch your back!
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