More. Bad. News.
Aug. 4th, 2005 03:56 pmI think I've kinda had a feel for the past week or two that something bad was going to happen. I feel a little more free now that it actually did.
They laid everyone off at work today. They said it was for two weeks and then there should be more money for raw material and they'd call people back to work. Apparently, some sort of mix-up between the bank and the trustee and no one was providing money for operations.
Looks like the folks who had the walk-throughs probably can't afford to buy the company. That's good.
However, on the down side, because of the money snafu, the company that's been running us is upset that the company wasn't kept in good working order. So, who knows what will happen there?
I'm to be kept for two months, either way, and paid by the trustee, as they need financial information. So, as of tomorrow, I can change my hours if I want, and I'm moving back up into my regular office in the accounting department.
One other person will be working to call customers and try to get a few remaining orders out and money in...they say for the raw material. I hope so.
Other than that, only a security guard, so it's going to be DEAD.
And, tomorrow, someone from the trustee's office is taking an auctioneer around in case they liquidate the company instead of selling it.
Well. What can a person do? Just go with the flow.
They laid everyone off at work today. They said it was for two weeks and then there should be more money for raw material and they'd call people back to work. Apparently, some sort of mix-up between the bank and the trustee and no one was providing money for operations.
Looks like the folks who had the walk-throughs probably can't afford to buy the company. That's good.
However, on the down side, because of the money snafu, the company that's been running us is upset that the company wasn't kept in good working order. So, who knows what will happen there?
I'm to be kept for two months, either way, and paid by the trustee, as they need financial information. So, as of tomorrow, I can change my hours if I want, and I'm moving back up into my regular office in the accounting department.
One other person will be working to call customers and try to get a few remaining orders out and money in...they say for the raw material. I hope so.
Other than that, only a security guard, so it's going to be DEAD.
And, tomorrow, someone from the trustee's office is taking an auctioneer around in case they liquidate the company instead of selling it.
Well. What can a person do? Just go with the flow.
no subject
Date: 2005-08-04 11:20 pm (UTC)Be strong :)
*love and hugs*
no subject
Date: 2005-08-04 11:25 pm (UTC)no subject
Date: 2005-08-05 03:51 am (UTC)no subject
Date: 2005-08-05 05:26 am (UTC)I'll keep some good thoughts for you. Hang in there. And if you need to vent, I'm but a mouse click away.
Sad to hear the bad news.....
Date: 2005-08-05 08:55 pm (UTC)hang in there,
Chris
no subject
Date: 2005-08-08 04:04 pm (UTC)At this point, I'll be soooo glad when all the strange stuff is over.
First they get our hopes up, then they dash then. Then they do it all over and over and over.
It's enough to make a person NUTS!
no subject
Date: 2005-08-08 04:06 pm (UTC)We were working to get money in to take care of things and then they threw a new kink into things this morning.
Seems like they just want to liquidate and have it done with...in spite of all the jobs they're eliminating.
no subject
Date: 2005-08-08 04:07 pm (UTC)no subject
Date: 2005-08-08 04:08 pm (UTC)Things look pretty bleak. I don't think they really plan to give anyone time to make an offer to buy the company. I think they just want to sell things off and have it done with.
no subject
Date: 2005-08-08 04:09 pm (UTC)They tell me now it might not be two months, but hopefully I'll have enough advanced warning to be prepared when they sell things off and pull out.
Re: Sad to hear the bad news.....
Date: 2005-08-08 04:09 pm (UTC)no subject
Date: 2005-08-09 11:01 am (UTC)