For the many people that are asking why a certain company (ahem) got rid of four of its employees after new owners took over: I’m pretty sure I know the answer and everyone else should know it as well.
It all boils down to the almighty dollar. When a company is sold, usually but not always, the new owners don’t want to pay existing high wages and great benefit packages, therefore they get rid of the existing employees and start off fresh with the lowest wage they can offer for that position. Sound familiar to many of you? I’m sure it does.
I had a friend who worked at a company for 26 years (wish I could name it). When new owners bought and took over, they fired her along with several of her longtime co-workers with the lame excuse that their positions were no longer needed (great loophole words used by companies). I mean, hey, why pay someone $23 an hour that has incredible medical/dental benefits, when they can fire that person, saying their job is no longer needed or necessary, rename the company, rename the job title and hire someone for $10 an hour with no benefits to do the exact same job? And what’s worse is, that’s the loophole that makes it legal for employers to do in this country. Sad reality. Bad government to allow it to happen.
Is any job really safe? Do any employers really value their employees?