My mom works at a major insurance company, and just got word today that seven of the 14 members in her immediate team were laid off. This is part of a wider restructuring project that is taking its toll on workers in all departments.
Fortunately, my mom’s job was spared — which was surprising as she’s 59 years old and makes a hefty salary. I guess the company’s business performance management software indicated that she was too valuable to let go at this time, so for that we should be grateful.
My mom is hoping to hold on for at least three more years before retiring. That would boost her pension and make things a lot more comfortable in her “golden years”.
I hope she makes it that long too!