Job is being made redundant (possibly)

Guest2

Guest2

Guest2

Soldato
Joined
6 May 2009
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I am currently in a redundancy pool which will see 2 jobs out of 5 of us on our team going. Overall our team will lose 3 out of 7 people

I have been with the company over 5 years and doing my current role for 2 years. I have invested a lot of my own time and money into my work and the company as done the same for me in return. My redundancy package should be quite good and taking voluntary redundancy I expect a bit better

If I leave then I will have to start fresh again, losing all benefits which I have built up over the years, friends and a working environement I enjoy, however I will take with me a pretty good wedge of money (yet to be confirmed)
If I stay then I imagine it will also be tough as there will be 3 people from our team gone and many others from other teams too.

It is still in consultancy phase and I have lots of questions to ask but have started looking out of jobs in my area and need to update my CV etc.

Would you leave a comany you enjoy working with a chunk of money losing benefits or stay knowing it could be rough times ahead?
 
Having been in in exactly the same position, I took the money and ran.

I've spoken to those that were left on the team with reduced numbers, and it was hell for them afterwards, and they still got made redundant two years later when them moved the whole operation to some dodgy government subsidised "enterprise creation zone".

Leave on your terms.
 
Thanks for the opinions so far. Although jobs are going, work from job losses on the most part will (or should) be carried out centrally freeing up those remainding to focus on higher priority tasks
 
no - it will be rubbish if you stay - things are changing and probably not for the good if they are shedding staff. If you get a decent amount - take it and it will set you up for the next phase of your career. You will probably find if you have some good experience on top of the money you will get you might get a payrise at the next place
 
I wouldn't automatically take the money. I'd see how much money is being offered vs how much money I'd make while still in the job.
Rough times may be ahead but there's nothing stopping you from looking while you're still in a job, it just gives you that little bit of extra security knowing you've still got money coming in.
 
I have been made redundant twice before and had payrises both times. Of course ICE, im not going to run for the hills without knowing whats on offer first. I just have in the back of my mind that if i dont leave within a certain time or someone else voluntarily takes redundancy then i will have missed my chance to leave voluntarily
 
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