Stop in for a cup of coffee

So the official news at work today in the management meeting was about like I expected. The investors want out by the end June, the senior staff (CEO, CSO, CFO and CMO) are all being put on part time limited contracts and cutting their pay by 30%.

They have to find a buyer for the company and set up a sale to whomever bids highest by the end of June. If the offers aren’t high enough, the investors will just shut it down and write off the loss.

Severance is modest at best based on Corporate agreement policy that is in place.

Now the game begins to see if I can find a better place to be before being forced into taking the severance and see what remains of the train wreck to provide some income while I’m still looking.

Oh joy.