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Old 09-04-2008, 09:10 AM
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Default Redundancy

My oh found out yesterday that he may be redundant, he works for a smallish firm and in his dept 4 were told that 3 of them would have to go.
This comes at a time when we thought at last we would be able to do things that we couldn't afford before. Our financial position was getting better, having lived in the same house for 20 years, we remortgaged a small amount last year, we don't drink or smoke neither do we take foreign holidays, our bills didn't rise as much because we overpaid last year.
This is all because of the so called credit crunch, his firm have lots of orders but being in the building trade if clients cant get the money the work cant go ahead. Being in his early 50's it may be hard to get another job and also other firms will be thinking along the same line's, as people have left they haven't been replaced.
All we can do is hope its not him, but feel for everyone in this position.
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Old 09-04-2008, 09:15 AM
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What an awful situation to be in. I feel for you and your OH and hope that you find a way through whatever is thrown at you.
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Old 09-04-2008, 09:22 AM
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I feel so sorry for you and I hope that your OH is the one that still has his job.

The same thing happened to us, OH was just a bit older (57) and I was 48. Ours turned out to be the best thing ever to happen.

We sold up and moved here to France and our life is very good. It was difficult at first but everything worked out just fine for us.

I guess that what I'm saying is that if the worst does happen, don't lose heart, keep your chin up and keep positive. Every cloud has a silver lining
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Old 09-04-2008, 09:38 AM
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Scarey's right. I hope it doesn't happen, but if it does treat it as a new start and take the plunge. Evaluate his skills - people always underestimate themselves. Hope it works out well.
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Old 09-04-2008, 09:43 AM
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What the others say!

It is a daunting thing to have hanging over you both, try not to worry too much (very hard, I know) because worry doesn't change anything. Maybe you are right for a new start but wouldn't take it without it being put your way - if that makes sense
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Old 09-04-2008, 10:02 AM
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Fingers crossed for you that it all works out. There's a lot of nervousness and uncertainty at the moment, accross all industries.

I don't have the life experience that those have who've already spoken (sorry, the kindest way I could say they're all older than me! ), but I would agree that it could be treated as a new start.

Positive karma being sent your way.
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Old 09-04-2008, 10:24 AM
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i maybe younger than your OH but its a comman thing now redundancy even in big companies. my first employers where going under so as not been there long applied for other jobs got one 4 weeks later that first company closed left the next one for a job with better money 1 year after leaving this company closed went back to college at night while working applied for better jobs and landed a job in a bank there 2 1/2 years but centralisation ment dept closed pregnant at time lucky where i lived ment i was in catchment for another dept got a premotion there for over 3 years now been made redundant again as this dept centralised also. gone back to college again to brush up skills as everything changes especially computers. also now took up fruit gardening it destresses gives me focus and as we buy alot of fruit long term will reduce food costs as i grow strawberries, raspberries, currents 3 year old bushes (all colours), blueberries, rhubarb, jap wineberry, gooseberries, cranberries, blackberries, gojiberries, and fruit trees 5 year old i really went all out since the redundance since sept 29 2007. Do treat it as a new start. it isnt the end of the world it the begining of a new one, i did a course and was told there is no such thing as a job for life anymore but there will always be someone requiring skills you have!!! goodluck.
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Old 09-04-2008, 11:20 AM
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We have had our ups and downs certainly over the last three - four years ,IE lost my mum and my sister, son divorced, other sister bankrupt the list goes on people say i should write a book !!! I would move abroad but oh wont, maybe i should leave him behind !!! Its not the first time he has been made redundant, 12 years ago when our daughter was born in fact, and he has always managed to get another job quite quickly. He has retrained himself by using computers. This job happens to be the one he likes the best, the pay and company benefits are exceptional and may prove hard to match or beat.
One thing my Mum taught us is that you pick yourself up brush yourself down and get on with life. As she came from a very hard background being born in 1912 and brought up in an orphanage from the age of 5ish and lived to 92 years she must be right.
Thanks to you all for your thoughts i will let you know the outcome, should hear next week.
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Old 09-04-2008, 11:26 AM
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Quote:
Originally Posted by HeyWayne View Post
... I don't have the life experience that those have who've already spoken (sorry, the kindest way I could say they're all older than me! )
Cheeky young whippersnapper
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Old 09-04-2008, 11:30 AM
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Quote:
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Cheeky young whippersnapper
One thing's for sure - it'll come to the lovely Tall One before he can turn around - one day 21 - next day 52
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Old 09-04-2008, 11:32 AM
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Quote:
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One thing's for sure - it'll come to the lovely Tall One before he can turn around - one day 21 - next day 52
I'm a big 32 I'll have you know!
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Old 09-04-2008, 11:53 AM
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You an your OH are at the perfect age to think about downsizing your life , take all the worries and financial stress out of your life and look at new ways of living life.
To many people work to live and forget about having fun in life , and if you have capital to use to downsize -move abroad or what ever takes your fancy then now is the perfect time.
As everyone says it's a beginning of life not an end been made redundant so chose what you wish to do with the rest of yourt life as it's easy to just work untill you get pensioned off and wonder what you did with your life.
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Old 09-04-2008, 01:44 PM
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I dont want to downsize i want to upsize!!!!!! Our house is about 100 years old 4 beds but should be 3, terraced with small garden bought in 1988 for approx £55 Grand, now worth approx £230 grand with a small mortgage increased over the years for various reasons. I feel very lucky to get where i am today but this has been through hard work and determination, so I am very positive about the future.
As they say the girl done good !!!!
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Old 10-04-2008, 04:27 AM
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Hi Jackie, just read your posts. Sorry to hear about your problems, this is obviously a very worrying time for you both, but at least you are still positive and looking at alternatives. Hope things work out for you. Bernie aka DDL
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Old 17-04-2008, 08:05 AM
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Up date on OH redundancy. Apparently he wasn't one of the ones the firm were going to make redundant but it was done in such a manner that he thought he was.
He asked a friend that he used to work with if the company she works for had any vacancies , he used to work with the directors before they set up in business, and they contacted him for an interview as yes they did have a vacancy. Now he may be in a dilemma if he is offered the job and they match the money he is on, he will probably take it, although he likes it where he is it is an hours drive, the other is nearer but because of traffic congestion its no quicker just cheaper in fuel and footprint.
The firm he is with cant guarantee work and at the mo and when he finishes the job he is on he has no work waiting, whereas the other can guarantee work for a year.
No doubt he will make the right decision and go forward.
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Old 17-04-2008, 08:13 AM
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Sounds like things might be turning round for you. Hope it all works out - I'm sure it will.
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Old 17-04-2008, 08:23 AM
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seems like this is happening all over. My OH company is also making a few people redundant too.

Regarding the job offer - If it looks like his present firm are having difficulties, how long will it be untill your OH is also made redundant? Is the other company in a better position?
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Old 17-04-2008, 08:36 AM
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Jackie j I hope all works out for you. big hugs!
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Old 17-04-2008, 08:46 AM
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Lozza it would appear so as they do a lot of school work and they know they have a years work. Also it is a smaller company 10 or so instead of 50 plus therefore overheads are smaller.
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Old 17-04-2008, 08:48 AM
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Jackie you sound like a very resourceful and competant lady I am sure this is all gonna work out for you, stay positive!
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Old 17-04-2008, 09:18 AM
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I wish you the best of luck and hope it works out.

My OH has been made redundant twice , really knocked his confidence the second time it happened.
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Old 18-04-2008, 01:12 PM
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OH has been offered the other job and they have offered just over £1000. a month more to make up for not having the extras that he gets, Now he has to decide what to do, the company he is with might negotiate to keep him but he doesn't think there is enough work to keep him going long term.
Decision's decision's !!!
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Old 18-04-2008, 02:37 PM
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dice - throw a dice
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Old 18-04-2008, 02:48 PM
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Hmm, difficult - and very personal - decision you have to make. If it was me I think I'd make the move. Things sound a bit iffy where your OH is currently, you said earlier that the new job would mean less commuting which has to be good for your quality of life, and a change is as good as a rest as the saying goes.

Whatever decision you com