Stop in for a cup of coffee

The real shame is that all of these people received a full year of pay as a retention bonus and management failed to advise them that is was because the company might likely fail and they should retain it in reserve for the likely outcome.

Instead, 98% of them spent it and now have nothing to fall back on but 3 months of severance and health care. After that, they are on their own.

I banked mine and with it, plus severance, I have 17 months of income in reserve to cover both income and healthcare as I decide what to do next.

The further shame is that the management isn’t stepping up to help people write resumes or coaching on how best to apply for new jobs. The best they have come up with is offering to write letters of reference.

Seriously? What value does a letter of reference have from a senior management team member of a failed company have?

The whole thing is a disaster and they won’t let me step in and help people write better resumes and plan stategies for seeking new jobs...because they are still convinced that they are the smartest people in the room.

More like the finest hockey players in all of Egypt...