Monday, November 24, 2008

It's Official

I'm going to be sleeping with a Vice President.  LOL!

In the past couple of months, I've been holding my breath and living in a state of denial because Tim works for WAMU and they were acquired by JP Morgan Chase at the end of September.  He didn't know what that was going to mean for his job.  At first, he thought that it wasn't much to worry about because Chase really wanted the West Coast presence.  But then, things got kind of hairy, and last week there was a news item on the radio that Chase was going to lay off 70% of the Seattle workforce.  :(  I felt like I got kicked in the stomach.  And the worst part of that was that they hadn't even told the employees that yet.  So Tim went in at the end of last week and the axe started to fall on people around him.  He found out on Friday that his supervisor and upper manager were staying, but they wouldn't say anything else until today.

I asked him earlier what was going on and he said that if they didn't hear otherwise, they were going to be staying, but he wanted to hear something official before he relaxed.  He was finally told that he was being kept on.  Whoo-hoo!  He is getting promoted (but not given a raise right now).  He will also be getting the title of "Vice President" which just sounds so impressive.  I had to immediately call him and give him a bad time about getting to sleep with the VP.  :p

He sounded about a billion times better when I talked to him on the phone.  I think it has really been getting to him.  Why wouldn't it?  These things are so horrible.  It still bothers him that so many people are being let go (right before the holidays) and he's losing people he enjoyed working with.  That stinks big time. 
It is just a relief.  We went through this whole scenario one other time and it wasn't pleasant.  He actually found another job before the time ran out on that one, but still, it is dis-heartening and morale-breaking.  And now it is worse because of the banking industry and the economy in general.

It just feels very fortunate, and definitely something to be really thankful for this Thanksgiving. 


1 comment:

...deb said...

Not quite the same level of good news, but your words are up at Read Write Poem.

Happy week!