In 1992, I worked for a company called GeoVision. I’d worked there for 6 years, but they were having financial problems. The previous two quarters, the end of the quarter had been the time when they announced layoffs. And just like the previous two end of quarters, the bean counters from both the Ottawa and Denver offices were huddled together the day before, and this time they came around with a list and told everybody whether they had to go to the 2pm meeting or the 3pm meeting. I was invited to the 2pm meeting. It turned out that everybody invited to the 2pm meeting was laid off, and the 3pm meeting was to announce that they’d had to do this to ensure the continued health of the company (it didn’t work – 6 months later they were out of business).
Now flash forward to 2006. I’m on a contract at $EMPLOYER. I’ve been there for 4.5 years on this contract, and I was in a previous contract in the same office for 3 years. $EMPLOYER, as everybody knows, has been shrinking for decades. And they announced that our group (Entertainment Imaging) has to shrink by 10% (they’ve offerred the voluntary retirement package (called “getting tapped”) to certain eligible job categories, then next year if they haven’t met their targets they’ll fire some people) and also it’s becoming part of the Film Products Group (which really inspires confidence that our digital project is going to be a high priority). And then today, just to make my heart rate soar, they announced that there are problems extending our contracts, and the boss set up a series of meeting to “talk with each of you on Friday regarding our decision to extend your contract or not for 2007”. And I got one of the early ones.
Can you tell I’m not going to sleep well tonight?
Ugh. That sucks. Here’s hoping for good news.
Nothing says Merry Christmas like a round of layoffs. Good luck!
It never fails to amaze me when companies do things like this literally days before Christmas.
All the best, Paul, hoping for the best.