The economy takes another victim. My company filed Chapter 11, granted it's not Chapter 7, and we have a opportunity to recover. Tell that to the 20 some people who's last day was last Friday.
Chapter 11 means no severance packages and that COBRA insurance will be available, but you have to pay for all of it. No company help.
They started out the company meeting this morning by telling everyone that the checks that are "in the mail" may NOT be good. So what they are telling the workers that were working outa the Plainfield building that the severance check that they got when they were let go is not any good right now. OUCH! to Chester who was a pressman for 43 years and I befriended by phone, ordering preprints. To my lifeline down there, Eleanor, who was diagnosed with cancer last summer and has 24 yrs in. To the 5 girls from classified that they convinced on staying until the transition to New York could be complete before they left. Sorry People NO Severance!!!
My job for now is stable, but we are forced to take a furlough. (week off with no pay) sometime in April or May.
Looks like the week that I already have scheduled off in May, when Steve and Lahcen will be here, will be without pay.
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