Just Another Blog
Wednesday, June 06, 2007
 
13 Weeks

Here's a story from today's paper on my impending, possible job loss. At a loss of 500 - 600 jobs, it'll be one of the biggest layoffs in Denver in some time. I think I was part of another biggest-layoff-in-some-time back in oh-two. Here's the original press release on the sale.

I'm nearly as worried about keeping my job as I am about losing it. I do admit that I find the idea of working in a company with 300-350 employees, where I might wield real influence in terms of how operations run, to be very appealing. However, if it turns out that they want me to be just an administrative monkey, then I think I might be better with the severance and subsequent unemployment.

There are retention bonuses in place to keep most of us around until the sale completes, and I am cautiously optimistic that my bonus, net of taxes, would be just enough to pay off my credit card debts. I will certainly be at the company long enough to get that check. The possibility of getting the debt monkey off my back is deeply appealing. I feel like if the only debt I owe is my mortgage, where my equity now exceeds my debt by a factor of about 3 to 1, I'll be in real good shape to pick up and move or go back to school or drop out or head off to the islands or head to NYC for my booze-induced demise or learn to cook or even just continue on in my current type of job while saving money before spending it.

Until the end comes, I'll likely be busy at work which may or may not be a good change. No one seems to know how the transition is actually going to work yet even though we're already two weeks into the process. I'm looking forward to Friday's happy hour to hear the gossip and griping from other departments while I try to network the pants off of some co-workers.