Redundancy, has a lot to answer for. It’s a great catalyst. In my case I was offered redundancy by a big telecoms company and coincidently offered a job at a big handset manufacturer. So I jumped ship and put a deposit on a new build house. The handset manufacturer later had financial troubles and I was offered redundancy again. This time I walked straight into a software role that someone had left the advert for at the handset manufacturer. Unfortunately, the director at the software company had just been dismissed and 2 years later the culling of his department rolled down to my level. Redundancy beckoned again. Another handset company snatched me up but 12 months later another round of redundancies. I was beginning to feel rather unlucky. Fortunately the original handset company I worked for contacted me as they were relocating to the UK. Back into the corporate fold but not for long. They sold out to the big G and once again I was made redundant. This time with a handful of shares. Enough was enough. I was going to work for myself. I bought a restaurant franchise and it was soon raking in over £1000 a day. Unfortunately, service charges, rates, rent, minimum wage all increased by double digit percentages and the franchise prices didn’t. I had no option, bankruptcy or sell the business. I sold it to the franchise senior trainer for the cost of the hardware. 1 year later she went bankrupt. A steady job beckoned and that’s when I ended up at CitNow. What a great ride that was until the buy out. That paid for my house in Mexico. Then the new board decided to make me redundant and replace me with cheaper labour in Scotland. And now I’m back into telecoms. Working a global role for the original major telecoms company. Waiting for redundancy. Fingers crossed. Only this time I’ll walk off into the sunset of retirement.
I think it's odd that good people often get caught up in the general instruction to cut overhead or department. Given how much it costs to recruit in the first place and the fact that they worked out, there ought to be a better filter than sorry, you didn't have a chair when the music stopped.
Redundancy, has a lot to answer for. It’s a great catalyst. In my case I was offered redundancy by a big telecoms company and coincidently offered a job at a big handset manufacturer. So I jumped ship and put a deposit on a new build house. The handset manufacturer later had financial troubles and I was offered redundancy again. This time I walked straight into a software role that someone had left the advert for at the handset manufacturer. Unfortunately, the director at the software company had just been dismissed and 2 years later the culling of his department rolled down to my level. Redundancy beckoned again. Another handset company snatched me up but 12 months later another round of redundancies. I was beginning to feel rather unlucky. Fortunately the original handset company I worked for contacted me as they were relocating to the UK. Back into the corporate fold but not for long. They sold out to the big G and once again I was made redundant. This time with a handful of shares. Enough was enough. I was going to work for myself. I bought a restaurant franchise and it was soon raking in over £1000 a day. Unfortunately, service charges, rates, rent, minimum wage all increased by double digit percentages and the franchise prices didn’t. I had no option, bankruptcy or sell the business. I sold it to the franchise senior trainer for the cost of the hardware. 1 year later she went bankrupt. A steady job beckoned and that’s when I ended up at CitNow. What a great ride that was until the buy out. That paid for my house in Mexico. Then the new board decided to make me redundant and replace me with cheaper labour in Scotland. And now I’m back into telecoms. Working a global role for the original major telecoms company. Waiting for redundancy. Fingers crossed. Only this time I’ll walk off into the sunset of retirement.
I didn't realise you'd made it a profession.
I think it's odd that good people often get caught up in the general instruction to cut overhead or department. Given how much it costs to recruit in the first place and the fact that they worked out, there ought to be a better filter than sorry, you didn't have a chair when the music stopped.
Thanks for your comments as always Andrew.