Originally Posted by
Helperto EL
Actully I have to disagree, most companies do take care of there employees, especially if they are needed. This industry is no the norm. Yes there are a few others (companies)that do the same but most give some kind of a severance. Ready for unemployment, yes we should be and we should always have a backup.
Do they? I know an individual who works for Verizon. His position was being eliminated, but he was offered a higher paying position on the condition he would move. He said he could not move because he couldn't sell his house. They said no problem, we'll buy it for you. They offered around $50K less then the mortgage payoff. So unless he went upside down on his house, he was out of a job. No severance, no sorry. Nothing.
My mother works in our local school district. The district superintendent couldn't get taxes raised, nor could he get schoolworkers to bite on concessions. So he just laid off 20 people. They get nothing. The superintendent does however get another secretary, & he's not taking a paycut. The list goes on.