Laid off



  • cfrizzcfrizz Posts: 12,965
    Unless you have another job to step into, you would be smart to stay. Money is money, you have to use common sense. Your pride and ego will NOT pay the bills.

    You have no idea how long it is going to take you to get another job. for a good many people it can take a year or more, and unemployment payments are tiny compared to what you are making right now so you better have enough in the bank to get you through.

    Sunfire TGP III PrePro, Sunfire Cinema Grand Signature 405wpc 5 ch. Amp, Oppo 103 BluRay, Rotel RCD-1072 CDP, Sony Bravia KDL-40R510C TV, Polk S60 Main Speakers, Boston VR-920 Center Channel, SVS NSD-12 SB12 Subwoofer, Polk DSW 400 Subwoofer, Polk FXi-3 Surround Speakers
  • Tony MTony M Posts: 5,619
    I'd keep making the EXTRA BONUS money until the job runs out.

    You're now making more than you would have before the announcements. I'd be happy as can be to have it extended even longer. Heck, they might offer you a permanent job again after November with the higher pay implemented. :p
    Most people just listen to music and watch movies. I EXPERIENCE them.
  • tratlifftratliff Posts: 627
    I was in this same situation about 18 months ago. The closer it got to the end date the more control I had in the situation.

    Strange thing is that I still work for them in a higher position with a very good future plan.

    You never know how these things will play out. I would stick it out to the end. But I would be looking for a job during that time. If something comes up then take it. If not see how things progress.
    2 Channel
    Legacy Focus SE, McIntosh C50, McIntosh MC601's, VPI Prime w/SoundSmith Zephyr MIMC, Parasound Halo JC3, Marantz SA-14s1, Oppo BDP-105, Technics RS-1500, Furman Elite 15PFi, Douglas Connection Alpha Interconnects, Douglas Connection Alpha Speaker Cables, Pangea Power Cables

    Yamaha RX-Z9, Legacy Focus SE (same as 2 Channel system), Def Tech C/L/R 2500, Def Tech BP-2X, Def Tech Pro-Monitors, Vizio M-75

    Teac NP-H750, Parasound Ztuner, Audio Engine P4N, Grado SR80, Grado iGrado, Audio-Technica ATH-M50, PC running High Rez files

    Living Room
    Yamaha YSP-4100 digital sound projector, Sharp Aquos 60"

    Bed Room
    Yamaha YSP-5100 digital sound projector, Sharp Aquos 70"

  • joecoulsonjoecoulson Posts: 281
    Any update Clip?
    TV - Sony XBR 75X900E
    Amps - Marantz SR5003 , 2 x Linn Lk240’s , NAD 2400 THX, Denon 1804
    Speakers - POlk Lsim705’s ,Totem Acoustic Rainmaker's, Sonus Faber Piccolo, Definitive Technology SM350's , Sonos Play 5, 2 play 1's, Mirage Oasis MKii's
    Subwoofers - SVS SB16 Ultra, Jamo D4SUB
    Sources - Denon 2910, Sony CDP-CX355, JVC XM448BK, Sonos Connect,
    Vinyl - Project Debut III, Nagaoka MP-110, Cambridge Audio Solo, Okki Nokki RCM
    Cables - Zu Audio power cables, AudioQuest Type 4 speaker cables, Linn Interconnects
  • ClipdatClipdat Posts: 4,250
    So, I wasn't factoring in a higher tax percentage being applied, due to the money being cut in a larger lump sum. So, it would realistically probably be closer to $3-4k vs. $5k.

    Anyway, thanks everyone for weighing in with some opinions and options.

    Another suggestion made to me was to not sign a new agreement, and stay on until September 15th as currently planned. Informing them that if they still would like my professional services, they can hire me on as a contractor for $XX/hour after September 15th.
    Got Dayens?
  • motorhead43026motorhead43026 Posts: 2,608
    And here I thought you were just going to move on and burn all your bridges.
    2 channel: Anthem 225 Integrated amp; Parasound Ztuner; TechnicsTT SL1350; Vincent PHO-8 phono pre; Marantz CD6005 spinner; Polk Signature S60's;Cables: Wireworld Eclipse IC; Audioquest Big Sur IC; Zu Audio Mission speaker cables; PS Audio AC-3 power cords, all into a PS Audio Dectet Power center.

    All TV's sound enhanced by Polk Magnfi Mini's.

    Other; SDA2BTL's, M10 series II, M7C's, Hafler XL600 amp, RB-980BX, Parasound HCA-1500 amp , P5 preamp, all in storage.

    Political memes posted as fact and accepted as fact, are sign language of the ignorant, for the ignorant

    tonyb said " but even socialists can do a good thing here and there
  • ClipdatClipdat Posts: 4,250
    There's some uncertainty that I can "quit" and still receive a severance. It's a gray area, as nothing indicating that is in writing, only verbal.
    Don’t step off the dock until the boat’s there.
    Use this time to actively search for something else while you still have a job. Once you find it, then quit.

    Got Dayens?
  • DaveHoDaveHo Posts: 1,877
    edited August 9
    Clipdat wrote: »
    There's some uncertainty that I can "quit" and still receive a severance. It's a gray area, as nothing indicating that is in writing, only verbal.
    Don’t step off the dock until the boat’s there.
    Use this time to actively search for something else while you still have a job. Once you find it, then quit.

    If it's not in writing it's worthless. I don't like playing games, so I'd just find a new job & move on.
  • mhardy6647mhardy6647 Posts: 18,423
    edited August 9
    The one contrarian comment I'd offer on this situation is the old bromide:
    It is always easier to find a new job when one is employed.
    (or words to that effect :) )

    This is something to keep in mind, I'd opine, strategically when considering the job hunt strategy going forward.

    Oh, I will echo that any "offer" not in writing is, unfortunately, 100% worthless. :( Is it an organization that has given you (the OP) good reason to trust them? Only the OP can make that decision, of course.

    "It's like watching a roomful of people who couldn't get through college algebra discussing the flaws of quantum physics theory. I guess it could be fun, but it's ultimately a waste of time." -- seen on audiokarma

    "Some amps run on self bias, some amps run on fixed bias. But his amps run on confirmation bias." -- seen on audioasylum

    "Writing about hifi is like dancing about architecture" -- paraphrasing some wag (possibly Frank Zappa)
  • Tony MTony M Posts: 5,619
    edited August 9
    If you quit, unemployment benefits are a lot harder to get.

    Getting fired or laid off, the process starts immediately.

    Your getting a paycheck now with a friken bonus check on top of that. yea, look for another job with your current boss if that works out, but maybe this company your working for is weeding out people who don't want to work there.

    They just offered to keep you on longer so they value YOU!

    Think about it, but not too long or the opportunity might vanish. More paychecks! ;)

    Sure, look for another job but there's always unemployment checks. A lot of people transition between jobs getting U.B. for a period. You've paid into the system and your employer has paid into the system. If you need to file, file. Keep looking and maybe, all this will be for nothing and they'll keep you on with a higher pay in November! :)
    Most people just listen to music and watch movies. I EXPERIENCE them.
  • codycatalistcodycatalist Posts: 1,436
    Clipdat wrote: »
    Just realized I forgot to reply to this. I'm in the IT field, located in California.
    Sorry to hear bud, may I ask what you did or have experience in? Do you happen to be in Texas or Arizona? My company is hiring like crazy, we have a great work environment and growing year after year. We are in the Online Education field so lots of different positions open.

    Dang, we have a position open in California but it isn't for Technology!
    Living room

    Mains: Paradigm 90P
    Lows: Velodyne CHT12, Pioneer SW-8Mk2
    Power: Marantz SR7000
    Tv: Samsung UHD 55' Curved 4k

    2 Channel Den

    Mains: SDA2B Upgraded XOs and Binding Posts
    Pre: Denon PRA-1200
    Power: Adcom GFA-545
    TT: Pioneer PL510
    Tv: Samsung UHD 55' 4K

    Noggin Rockin'

    Phillips L2
    Grado SE80
    Harman Kardon CL
    Little dot 1+/GE JAN 5654w

    Closet of Dreams:

    Harman Kardon AVR130
    Yamaha HTR5590
    Polk RTA11TL
    Polk TSI200s
    New Large Advents 25th Anniversary Edition
    Bravo V2/RCA Clear top Conn branded 12AU7
    Yamaha AV-34

    "Temptation is the manifestation of desire which equals necessity." - Mikey081057
    " I have always had a champange taste with a beer budget" - Rick88
    "Just because the thread is getting views don't mean much .. I like a good train wreck doesn't mean i want to be in one..." - pitdogg2
    "Those that don't know, don't know that they don't know." - heiney9
  • gmcmangmcman Posts: 1,119
    edited August 9
    Sorry to hear about your troubles Clipdat....that's stress nobody wants for sure.

    My best friend has been working for his company for about 15 years, they said they were laying off about 60% of their workforce. He said he was going to need to look for another job but when the hammer came down, it was him and a few of his workers that made the cut, so needless to say he was relieved.

    I wish you the best of luck and hopefully when all the smoke clears, that you are still employed there if that's what you want. But I agree, don't open the door if you haven't been asked to leave.

    Finger crossed for you.
  • DerfDerf Posts: 170
    Clipdat wrote: »
    So, I wasn't factoring in a higher tax percentage being applied, due to the money being cut in a larger lump sum. So, it would realistically probably be closer to $3-4k vs. $5k.
    But that’s just withholding; your refund for 2018 will be larger is all, or your final payment to the KGB, I mean IRS, will be less. So don’t sweat the tax part. I’d concentrate more on finding a new job AND showing the new owners why they need to keep you on. Two companies vying for your services makes your price increase.

    Integrated Amp: Marantz PM-10
    Speakers: Usher MD2
    Subwoofer: Rythmik F15HP
    DAC: North Star Design Supremo
    Streaming Source: AURALiC Aries Mini
    SACD Player: Marantz SA8004
    Power Source: PS Audio PP3 on dedicated 20amp circuit
  • nooshinjohnnooshinjohn Posts: 17,871
    Steve Miller asked me t pass along some wise advice...

    The Gear... Carver "Statement" Mono-blocks, TriangleArt Reference SE with PS Audio NuWave Phono converter, Walker Precision Motor Drive, ClearAudio Stradivari v2 cartridge and Origin Conquerer Mk3c tonearm, Polk Audio "Signature" Reference Series 1.2TL with complete mods, Pass Labs X1 two channel preamplifier Signed by Poppa himself, PS Audio PerfectWave DAC MkII, Krell Evolution 525a CD Player, Pioneer Elite SC-65, Oppo UDP-205 Blu-ray , Sony XBR70x850B 4k, Polk audio AB700/800 "in-wall" surrounds

  • verbverb Posts: 2,742
    Clipdat wrote: »
    The higher ups called me into a meeting at 4:30pm today, (seriously who schedules a meeting at 4:30pm?) and told me that they now want me to stay on until November 30th. With the same "extra week's pay for every two weeks worked" deal that I'm currently doing.

    I told them I'd get back to them.

    What the hell? From the short discussion I had with them after this offer, it's abundantly clear that they have no transition plan in place and are completely flailing and flopping around like a fish out of water in terms of how they're going to accomplish the transition.

    Do I really want to stay on to hold their hand and spoon feed them for 5.5 weeks worth (September 15th to November 30th is 11 weeks) of extra pay? My gut says it's not worth the money.

    Stay and get as much as you can. More time for the job search and not having to jump on an offer because your not working.
    Basement: Polk SDA 1C's, Micro Seiki MB14 TT, Rotel 1580 Pre, Marantz CD6006 CDP, Carver TX8 Tuner, Conrad Johnson MF2300A Amp, Furman 15PFi Power Conditioner, AQ Diamondback (version 1) RCA IC's, MIT Terminator2 Cables
    Office: PC, Marantz AMP-1, Acoustic Technologies Classic Speakers, Polk PSWi225 wireless sub, MIT AVt2 cables, IFI Purifier2, AQ Cinnamon USB cable
    Spare Room: Dayens Ampino Integrated, Auris BluMe, Polk TSi200's
    Living Room: Pioneer SX-N30 Network Receiver, Pioneer PD10AE CD Player, Polk RT265 In Wall Speakers, Polk DSW Pro 660wi Subwoofer
  • Airplay355Airplay355 Posts: 4,207
    Aaaand more money for audio gear. B)
Sign In or Register to comment.

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!