We are getting a bit nervous out here, concerned as we are about Kristina. Seems the company for which she works has been adversely affected by the housing & mortgage crunch. This has hurt them and as large companies always do in these situations, they begin chopping employees. Naturally, not those who made the bad deals and approved them, but lower level ones who had nothing at all to do with the situation.
Sadly, Kristina is one of those employees who may be looking for a job. The only bright side is that she has not been called into HR yet, while seeing several of her friends and more senior folks shown the door. Also, her company has been giving a small severance package that would continue health benefits until the end of the year and pay through February.
We are crossing our fingers, but aren’t feeling too positive as more cuts are likely. My stepdaughter is a wizard with computers and has worked in non-financial industries before. It’s likely that she can find something else should the need arise.
I’ll let you know as things progress.