Well, work got turned totally upside down today. Our boss sold the company. It was either that or she was going to just close the doors last night, of course not telling us...just leaving us to find out when we tried to come in today. I was not impressed when I found out that she almost did this. I would not have been fun to be around had I gotten to work this morning and found out that we were closed for good.
The guy that bought it used to be vice-president of the company. He has been trying to talk her into this since he was laid off 2 years ago.
He was looking over the financial stuff and it turns out we have been running in the red for 2 years. Not good at all. We all had to take pay cuts. Mine is basically $1 an hour. Plus we lose vacation pay, sick pay and holiday pay for the time being. Plus insurance is now gone, too.
I am going to cash in my 401K to have a cushion and stick with the company. I am confident he can turn it around, he is a good salesman and customers is what we need. The old boss never went out and sold, she just waited for people to call. Plus I think he is confident otherwise he wouldn't have bought the company. On top of it all he is a very nice guy. He said when things get better pay will go up. Until then, keep me in your thoughts and prayers, ok?