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Warning Signs You're About to Be Laid-Off

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Re: Warning Signs You're About to Be Laid-Off

#32
I got hit by II, back in 2010. They hired an intern, asked me to train her... a month later, I was laid off.

Also, I knew a number of people who worked for a local video game company who got the axe after their paychecks had been late for a while. They were all complaining that they haven't been paid in about two months, and then one day the CEO calls people into his office one at a time... 11 people were let go that day. A bunch more got the axe about a month later. They weren't a big company. It took a while for them to get their final paychecks, and I think that was only because a couple of them threatened to sue.

(edit: just to make this clear, I didn't work at that video game company, but several friends of mine did, and I got to hear the stories)

Re: Warning Signs You're About to Be Laid-Off

#34
post #7

The one that got me, was the German company I was working for was bankrupted by the president of the company as a key sale of the software product fell through. He did it on December 23rd, before any of the directors could intervene (A quirk of german company law). I found out on the phone on the 28th while back in the UK. Fun times. So my contribution: "When it appears the directors bet the company on a single sale…

Honestly, I think that is what you heard down the grapevine. Sounds like a cover up for something much more heinous. Was this information public/private, how did you find out? (Not attacking your trust, just sounds a bit odd to me)

Re: Warning Signs You're About to Be Laid-Off

#40
post #32

I got hit by II, back in 2010. They hired an intern, asked me to train her... a month later, I was laid off. Also, I knew a number of people who worked for a local video game company who got the axe after their paychecks had been late for a while. They were all complaining that they haven't been paid in about two months, and then one day the CEO calls people into his office one at a time... 11 people were let go that…

Sounds very similar to Crytek.
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