If you’ve been on the chopping block, perhaps you’ve seen the pink slip signs coming. You know, the ones which reveal themselves to you in due time like colleagues who start rescheduling meetings with you three and four times.
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If you’ve ever given your two-week notice to your boss and then scurried to wrap up loose ends and train a colleague or two, you’re not alone.
Naturally, you’ve also experienced the fine line of keeping emotions in check as you’re mentally checked out. You’re eager to move onto your next job while still having to say meaningful goodbyes and gratitude to your current peers and boss.
According to a piece published by The Harvard Business School, endings tend to “creep up on us and catch us unprepared.” We may miss the opportunity to enjoy meaningful endings by focusing too much on the future as we “race toward the new.” Read more
If you’ve ever been laid off from a job, you’re familiar with getting a nice little severance package of several weeks and eligibility for COBRA benefits and unemployment.
Unless you’re the former chief operating officer of Yahoo, Henrique de Castro. Here’s why: reports are circulating that he’s banking on a $58 million severance package for a job he held for merely 15 months! Read more
Here’s the situation on a Monday afternoon. A reader wrote into The New York Post to indicate he or she was denied unemployment claims during a hearing.
The reader appealed and during the hearing, a former boss refused to be sworn in and whispered answers.
Although they were “full of lies,” the answers were being told to the other boss who was indeed sworn in. Well, the former employee was denied the claim yet again. After appealing again and asking the unemployment office to listen to the recorded hearing again, the office agreed and listened to the call. Although they agreed the boss who wasn’t sworn in gave all the answers, alas, the ruling didn’t change. Read more
According to WWD, Time Inc. staffers are gearing up for some pink slips.
Rumors are racing as employees anticipate layoffs to come as early as next week. Just last month its CEO Joe Ripp informed employees the company was going to reduce costs before it spins off later this year from Time Warner. Read more
Have you ever imagined kidnapping your boss? Um, neither have we but this story from France made us wonder why it’s not uncommon over there! Hmmm.
According to Fortune, 200 employees working at a Goodyear Tire and Rubber Co. plant in Amiens took two executives hostage on Monday by preventing them from leaving their facility. Sounds like the workers weren’t happy about Goodyear’s intentions of shutting down the factory and pink slipping 1,200 employees. Read more
Today is certainly not a good day for the long-term unemployed.
As of today, 1.3 million Americans are impacted as they’re cut off from unemployment benefits.
In a statement, White House Principal Deputy Press Secretary Josh Earnest indicated:
“This morning, the President placed separate telephone calls to Senator Jack Reed and Senator Dean Heller to offer his support for their proposal to extend emergency unemployment benefits for three months. The President said his administration would, as it has for several weeks now, push Congress to act promptly and in bipartisan fashion to address this urgent economic priority.” Read more
If you’ve ever gotten the pink slip, raise your hand!
Now that we’re all friends and have been there/done that at one time or another, it’s likely there were signs ahead of time. Whether or not we chose to ignore them is another topic but a few indicators were probably alive and well.
Per this piece on BBC, there are a few clues that can give you the heads up as to whether or not a reduction in force is going to happen. Granted, we don’t want to create panic but instead it’s the notion of proceeding rapidly with caution and circulating that resume. Read more
If you feel like you’re being forced to sign a resignation letter courtesy of your employer providing it, a piece on AOL Jobs attempts to set the record straight with several important items to think about.
1. Are you being offered a package? If you’re not, what’s the benefit to your resignation? The piece suggests letting them fire you instead so you’ll “at least get unemployment.” Read more
We thought getting the ax was tough enough via text message but getting the pink slip doled out over the phone doesn’t sit well with us either.
Somehow this story fell off our radar screen last week when it occurred so even though this post is belated, we can’t not take notice.
As originally reported on JimRomenesko, last week between 8 a.m. and 10 a.m., 50 staffers at Cleveland’s Plain Dealer got the pink slip on the phone. At home. They were told to go to the newspaper’s production center 10 miles away to collect their severance materials. Read more
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