trophyshy 7084 Posted January 19, 2010 Share Posted January 19, 2010 well done 2J. Milky bars on you. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted January 19, 2010 Share Posted January 19, 2010 Good to hear a few success stories on here lately, congrats to all. Link to comment Share on other sites More sharing options...
NJS 4411 Posted April 23, 2010 Share Posted April 23, 2010 Confirmed today that our branch is going from 129 > 65 staff by the end of 2012 but mostly through wastage - one lad on our team left today so no great pressure but only "guaranteed" a job until the end of the year but should be okay beyond that. There's the option of voluntary redundancy but it has to have a business case as well. Â They really fucked things up in head office in Stuttgart by announcing stupidly generous packages which loads applied for only to find out there was no chance for most of them so they had to go back to the drawing board. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted April 23, 2010 Share Posted April 23, 2010 Confirmed today that our branch is going from 129 > 65 staff by the end of 2012 but mostly through wastage - one lad on our team left today so no great pressure but only "guaranteed" a job until the end of the year but should be okay beyond that. There's the option of voluntary redundancy but it has to have a business case as well. They really fucked things up in head office in Stuttgart by announcing stupidly generous packages which loads applied for only to find out there was no chance for most of them so they had to go back to the drawing board.  What industry do you work in? If you don't mind me asking. Link to comment Share on other sites More sharing options...
NJS 4411 Posted April 23, 2010 Share Posted April 23, 2010 Confirmed today that our branch is going from 129 > 65 staff by the end of 2012 but mostly through wastage - one lad on our team left today so no great pressure but only "guaranteed" a job until the end of the year but should be okay beyond that. There's the option of voluntary redundancy but it has to have a business case as well. They really fucked things up in head office in Stuttgart by announcing stupidly generous packages which loads applied for only to find out there was no chance for most of them so they had to go back to the drawing board.  What industry do you work in? If you don't mind me asking.  Banking - I work in IT for the London branch of a German Landesbank (regional state bank).  The bank asked its shareholders for a capital injection to cover toxic losses and a condition of that was an EU backed restructuring. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted April 23, 2010 Share Posted April 23, 2010 That's the problem with working doing that sort of job in the banking industry I suppose, you don't get a proportionate share of the spoils when things are going well and are the first to suffer when things hit the shit. Link to comment Share on other sites More sharing options...
Meenzer 15716 Posted April 23, 2010 Share Posted April 23, 2010 Confirmed today that our branch is going from 129 > 65 staff by the end of 2012 but mostly through wastage - one lad on our team left today so no great pressure but only "guaranteed" a job until the end of the year but should be okay beyond that. There's the option of voluntary redundancy but it has to have a business case as well. They really fucked things up in head office in Stuttgart by announcing stupidly generous packages which loads applied for only to find out there was no chance for most of them so they had to go back to the drawing board.  What industry do you work in? If you don't mind me asking.  Banking - I work in IT for the London branch of a German Landesbank (regional state bank).  The bank asked its shareholders for a capital injection to cover toxic losses and a condition of that was an EU backed restructuring.  As I think we established once, my lot translates a good amount of your lot's stuff. So if you ever are affected by the cutbacks - and touch wood you won't be, obviously - just let me know and I'll start inserting abusive footnotes and anti-Kraut comments in the hidden text. Link to comment Share on other sites More sharing options...
Park Life 71 Posted April 24, 2010 Share Posted April 24, 2010 Confirmed today that our branch is going from 129 > 65 staff by the end of 2012 but mostly through wastage - one lad on our team left today so no great pressure but only "guaranteed" a job until the end of the year but should be okay beyond that. There's the option of voluntary redundancy but it has to have a business case as well. They really fucked things up in head office in Stuttgart by announcing stupidly generous packages which loads applied for only to find out there was no chance for most of them so they had to go back to the drawing board.  Are these the same german regional banks that have remained to varying degrees clueless for the last two decades? Link to comment Share on other sites More sharing options...
Southern Geordie 1 Posted April 29, 2010 Share Posted April 29, 2010 (edited) Got told about a month ago that I was being made redundant on the 22nd June. Hadn't really bothered looking for jobs as I was in Bali, but now am back and started looking yesterday. Am fairly excited actually though as it's a chance to move my career on, just pretty glad I did my CII exams while I had the chance as it should put me in good stead for the jobs I apply for. Â Give it a month and I'll be tearing my hair out as I've not been able to find anything.... Edited April 29, 2010 by Southern Geordie Link to comment Share on other sites More sharing options...
Gemmill 46026 Posted April 30, 2010 Share Posted April 30, 2010 Good luck finding something else, SG. Link to comment Share on other sites More sharing options...
Craig 6700 Posted April 30, 2010 Share Posted April 30, 2010 Good luck finding something else, SG. Â Seconded. Â How's everything going with your lot these days Gemmill - any more stability? Link to comment Share on other sites More sharing options...
Barney 0 Posted April 30, 2010 Share Posted April 30, 2010 Got told about a month ago that I was being made redundant on the 22nd June. Hadn't really bothered looking for jobs as I was in Bali, but now am back and started looking yesterday. Am fairly excited actually though as it's a chance to move my career on, just pretty glad I did my CII exams while I had the chance as it should put me in good stead for the jobs I apply for. Â Give it a month and I'll be tearing my hair out as I've not been able to find anything.... Â how did you enjoy Bali? Go to the Gili Islands at all? Â Best of luck with the job hunt, SG. Link to comment Share on other sites More sharing options...
Southern Geordie 1 Posted May 9, 2010 Share Posted May 9, 2010 Cheers guys. Just got back from Turkey so put my cv about before I left... Got an interview on Tuesday with a fairly decent company so am happy with that. Â Bali was awesome Barney. Was my first time outside of Europe so was a bit of an eye opener... Everybody out there was so friendly and the weather was odd too. Morning was bright sunshine, but come 2 o'clock on the dot the heavens would open and storm for the rest of the day! Link to comment Share on other sites More sharing options...
NJS 4411 Posted September 30, 2010 Share Posted September 30, 2010 I'm going to see my Senior Manager tomorrow to see if I can volunteer for redundancy. If not I'm leaving anyway - I'm guessing he'll say no as with other departures I've become too important from a knowledge/support pov. Â As mentioned above we're in the middle of a downsizing and more of the "bright" future is being revealed everyday and it's not a pretty sight. Â If I get the redundancy I'll go back to contracting, if not I'll just look for permanent stuff. I activated my CV on Jobserve the other day and I've already had 5 recruiters on the phone asking to put me in for stuff. The only downside is having to deal with these idiots again (no offence to Stevie). Link to comment Share on other sites More sharing options...
trophyshy 7084 Posted October 22, 2010 Share Posted October 22, 2010 50% redundancies announced at my place today. Severance day to be New Year's Eve. Link to comment Share on other sites More sharing options...
Christmas Tree 4821 Posted October 22, 2010 Share Posted October 22, 2010 50% redundancies announced at my place today. Severance day to be New Year's Eve. Â Â Sorry to hear that and hope you avoid it. Â What does your place do? Link to comment Share on other sites More sharing options...
trophyshy 7084 Posted October 22, 2010 Share Posted October 22, 2010 50% redundancies announced at my place today. Severance day to be New Year's Eve. Â Â Sorry to hear that and hope you avoid it. Â What does your place do? Sack people, mostly. Â In a nutshell, we are public sector advisors. Â So it's hardly surprising. Link to comment Share on other sites More sharing options...
Monkeys Fist 43066 Posted October 22, 2010 Share Posted October 22, 2010 50% redundancies announced at my place today. Severance day to be New Year's Eve. Â Â Sorry to hear that and hope you avoid it. Â What does your place do? Sack people, mostly. Â In a nutshell, we are public sector advisors. Â So it's hardly surprising. Fingers crossed your in the lucky 50% Link to comment Share on other sites More sharing options...
Bizza 105 Posted October 22, 2010 Share Posted October 22, 2010 Looking likely that I'll be out of a job in the near future too. Yay. Link to comment Share on other sites More sharing options...
TheMoog 0 Posted October 22, 2010 Share Posted October 22, 2010 My company is looking for a buyout or a partnership to go forward in the next year, I'm trying to look at it as an opportunity for expansion rather than reinforcement to stay afloat. Link to comment Share on other sites More sharing options...
Smooth Operator 10 Posted October 23, 2010 Share Posted October 23, 2010 I'm looking forward to get g a parking space now when I decide to have a late start Link to comment Share on other sites More sharing options...
trophyshy 7084 Posted November 18, 2010 Share Posted November 18, 2010 December 13th, done and dusted. Paid to the end of March + redundancy. Â Off to Cape Town on Monday, if my luck holds I'll be murdered by vicious blacks. Â Link to comment Share on other sites More sharing options...
manc-mag 1 Posted November 18, 2010 Share Posted November 18, 2010 Hope it's a canny settlement, mate! Link to comment Share on other sites More sharing options...
Guest alex Posted November 18, 2010 Share Posted November 18, 2010 Sorry to hear that mate. Echo Mancy's sentiments and have a canny time in SA. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted November 18, 2010 Share Posted November 18, 2010 Aye, enjoy South Africa and your time off. Best of luck for next year, hope you move on to better things. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now