Potential Redudency

tcfreer

tcfreer

tcfreer

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Joined
2 May 2014
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Location
Manchester
Ok I need the advise of the wise amongst you.

I have the potential for redudency, but also the need to roll into a new role.

The need for a new role is because at the start of this year I bought my 1st House, and I don't want to lose it

The redundency is the normal business reasons, losing money, tried everything, now its staff etc etc etc.

I'm fine with going, but I've never been in this postion - So How should I procced?

1 - I know I will need to set a date by which I need to ahve a job by

2 - I will not be being daft with the redudndency in any way.

3 - I'm already looking for a new role, so should I get a new role from the couple of Interviews I have lined up can I ask to start on leaving the current role?
 
Well I've been there over 10 years just so I do get redudndecy and while its not riches, its ok.

I've no intention of leaving before my term as I want to leave on good terms as I like the place, and under any other circumstance I don't want to leave.

So I need to notify the Mortgage comapny, that worries me as I've only been in the houe just under 11 months now :(

The ammount I'm calculated to recive would get me by for 10 months at my current level - or a year at a reduced level.

I do have a Interview already lined up next week for a new role I was looking at so its not the end of the world - but I do want to earn at least waht I am on now, in order to maintain both outgoings and future plans.

Am I being realistic looking at the following

1 - Deadline to have a new role by, End of Jan 2012

2 - Once in new role, clear as much debt as possiable while creating a what if fund as well.

3 - Reduce outgoings during time off, but maintain a 'working life' eg not lie in, start 'work' at my normal time etc.

I'm not going to say no to any job's that I can do in the meantime - contractor or perm irrespective of wage so I at least keep money coming in.

I am very tempted to give Full Time Streaming a go, see if I can make that into a actual Job - but thats a big maybe, as I would rather have a proper fixed full time job
 
Thanks guys.

Rids in answer to a couple of your comments

Yes I have only been told today.

There is a date of the 17th of Dec mentioned but its not a 100% set yet.

In terms of the new roles / Interviews - I have made them aware of the development and that should I be successful I want to wait out the needed time for the payout.

I used to work in the Resource Team in the company so I've spoke to the recruitment guys I used to know fromk there.

I'm trying not to panic - I'm just thinking what I need to do and how to work forward.

I am giving my self a small window of time to get back into work and collect my thoughts etc

Its the 1st time I'm in this postion so a little nervous etc
 
Cheers Neil - sorry to hear you've just been through this :(

I've already got a idea of the payout - and it it more then enough to cover what I need till then, I could take 5 months off without worry - But I don't want to do that at all - I want to be back in work asap

It's pretty much a given - HR and the comapny unions (who I'm no longer part of after they failed to stop a friend being sacked unfairly) have been in discussion sine the end of November.

Dates are being banded about of the middle of December for us leaving.

This isn't a V-Redudendcy, its pretty much a case that my role is being removed with no other option.
 
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