Slash and Burn
So this week, while I was home nursing an upset stomach, the Loan Shark instituted a new round of job cuts under its current directive to slash the number of contracted positions by at least 50%. Our Unit had already cut its contractors and consultants down to 4, and we all thought we were safe, at least for next year, but I came back today to the news that an entire project managed by 4 people had been cancelled mid-year AND we lost our admin assistant, who is admittedly overpaid and underperforming and not the best AA anyone could hope for but we're losing her at a time when we're rolling out several projects and warm bodies to manage these are essential. And we're not even sure if we're going to be assigned a replacement or if the position has been eliminated entirely.
It's never a good time to lose a job, but it's especially worse when it's enrollment season. And allegedy, the Loan Shark allowed them six weeks, although this part of the story doesn't make sense because these are contracted positions and the Loan Shark doesn't owe them anything and logically, their contracts should have just expired (and I know that all of us held contracts only up to midyear). Unless what my officemates mean is that they had existing contracts which are now preterminated, but the Loan Shark allowed each of them a six-week extension as cushion?
AA was earning $1000 where the other AAs throughout the Loan Shark were earning $450, but had not been giving much value-added service to justify the higher pay. Instead, AA would spend most of the day fending off calls from debt collectors and responding to collection notices. She was paying off a condo, a car, an expensive private school education for her first born, and several debts. On paydays, she would be absent because that's when they come to collect. She had been trying for months to find another job and she definitely doesn't have any savings or investments. Just debt and expenses.
It's never a good time to lose a job, but it's especially worse when it's enrollment season. And allegedy, the Loan Shark allowed them six weeks, although this part of the story doesn't make sense because these are contracted positions and the Loan Shark doesn't owe them anything and logically, their contracts should have just expired (and I know that all of us held contracts only up to midyear). Unless what my officemates mean is that they had existing contracts which are now preterminated, but the Loan Shark allowed each of them a six-week extension as cushion?
AA was earning $1000 where the other AAs throughout the Loan Shark were earning $450, but had not been giving much value-added service to justify the higher pay. Instead, AA would spend most of the day fending off calls from debt collectors and responding to collection notices. She was paying off a condo, a car, an expensive private school education for her first born, and several debts. On paydays, she would be absent because that's when they come to collect. She had been trying for months to find another job and she definitely doesn't have any savings or investments. Just debt and expenses.