[My Favorite Headache]

If I were them I would take the money and run.

[caww]

Well I faced just that decision, ten years with company.....was offered a 50% cut in hours or take severance and done. It was the forth cut.

I high tailed it much to their surprise. They thought they were doing me a favor offering part-time. But with the economy and this business tanking. I just needed to move on and use my time to focus on new employment.

Bottom line, no matter how pretty they said it...I was fired! Why would you stay at a company that fires you? And I'm the soul supporter ta boot! I have not yet regretted that decision and don't expect to. But every one has to determine this decision themselves, and I sought many advisors before I made it.

[mouse1]

If I were them I would take the money and run.....

and run fast. I have a relative and her husband who worked for GM in Janesville, WI. For a few years they were offered buyouts including large sums of cash plus a new car to go out and spend it in. Well, they didnt take the buyouts and when GM closed shop they got nothing. I can imagine the union telling the employees “stay, it will get better”. Silly, isnt it.

[KYGrandma]

When my husband, salaried Ford, was offered a buyout two years ago, he was told to take it. Nothing, even your job, was guaranteed if you stayed.