Wednesday, March 12, 2008

Half Way Unemployed

I have been alluding to things happening with work of late and the fact that my company is being split in two.

Well yesterday, I was told that the firm acquiring half of my company has no need for my services in the future.

This sits well with me because a) I didnt think I would accept the offer as they are not Sydney based and b) I am more enthused about staying on with the retained half.

The issue is the retained portion of the company is unable to commit to anything due to the conditions of sale and therefore I (and everyone) is in limbo.

I am not alone however, most people were knocked back so its not like I have been singled out and those who have secured offers, many of them had been previously stating that they wouldnt take them... we'll now see what a firm offer does mean to those people. A bird in hand as they say...

I am also happy that that part of the equation has been resolved... the "do I take an offer if I am made one" debate has been going thru my mind and now I dont need to ask that anymore. I now have one prospect of employment with my company via the retained entity and if not, then I am on the hunt for a new role elsewhere.

I am looking though... and have had a couple of discussions, but nothing concrete and to be honest I wont heavily pursue options until I am certain I am on the way out.

That certainty will probably be on March 20 when I have a meeting with my CEO to discuss my function. He is a straight shooter, so I hope if he does shoot me he doesnt knee cap me first!



Luke said...

Reminds me of the Simpsons. When burnsie sells the power plant to the krauts.

Horst: We regret to announce the following lay-offs, which I will read in alphabetical order. Simpson, Homer. That is all.


DM said...

Hope things go well for you Clay.

The market is actually not too bad for employment, whilst the rest of the economy is still on the slide. I was fortunate enough to have constant employment through the last recession (ironically, in the employment industry) so whilst I haven't been out of work for a stretch myself, I do know what it's like to face the uncertainty.

Always a good idea to keep your eyes peeled for opportunities and dare I say it, take a look at safer positions if you can - whilst the working environment is not as ideal and the corporate sector in some situations, government roles can provide stability, which any family man with a mortgage has to consider a solid asset.

Best wishes.