Deleted
Joined: Oct 6, 2024 6:29:15 GMT -5
Posts: 0
|
Post by Deleted on Jun 4, 2013 13:17:10 GMT -5
I had lunch with my DIL today, and she told me my ex-SIL had sold the family business. Part of the stipulation for the sale was that no one would lose their job. Yeah, right. The new buyer hated my ex-FIL. They had better start looking for jobs.
|
|
thyme4change
Community Leader
Joined: Dec 26, 2010 13:54:08 GMT -5
Posts: 40,762
|
Post by thyme4change on Jun 4, 2013 13:22:20 GMT -5
I had lunch with my DIL today, and she told me my ex-SIL had sold the family business. Part of the stipulation for the sale was that no one would lose their job. Yeah, right. The new buyer hated my ex-FIL. They had better start looking for jobs. When our company was sold, the owner put in a clause that he would leave a certain amount in reserve, and if they laid anyone off in the first year (or some time frame) they would be given a crazy awesome severance package. But it came out of the old owner's pocket. I remember my boss scrambling to get the new system in place (and all the synergies that came with it) all done and complete by that deadline so his people would get the benefit of the big severance.
|
|