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August 28th, 2007, 10:11 AM
kris3307's Avatar Mega Super Mommy
Join Date: Feb 2007
Location: New Jersey
Posts: 1,722
Have you've every been laid off/or been taken over by another company??

My company that i work for has been taken over about 2 Months ago (Brokerage Firm)... Tommorrow were going to find out about our Compensation Package because our NYC will probably not be opened much longer (Dec). My company is based out of St. Louis.. Also I've been there ofr 10yrs.

I was just asking because I would like to know if anybody has gone through something like this before??

Kristina K

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August 28th, 2007, 11:07 AM
TIGERLILY69QT's Avatar Veteran
Join Date: Mar 2007
Location: Northern NJ
Posts: 129
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My DH's company is in the process of being acquired too. It will be final on 1/1/08. No one knows what the future will hold for the current employees. He has been through this twice with other companies and both time got downsized so needless to say he's worried.

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August 28th, 2007, 11:13 AM
PeanutandPiglet'sMom's Avatar Platinum Supermommy
Join Date: May 2006
Location: NJ
Posts: 20,364
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I haven't personally but my DH's company downsized recently and it was a mess for alot of his co-workers.

Hopefully you'll get a good compensation since you've been there for 10years.

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August 29th, 2007, 09:35 AM
Platinum Supermommy
Join Date: Feb 2005
Posts: 7,488
I'm sorry! I have no experience with this. I retired from teaching the same year that they had to furlough some teachers. I like to think by retiring, I saved someone their job.

Hopefully the transition will be an easy one for you.

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