GregHowley.com

Bought Out

August 2, 2006 -

Here's an article about the sale of the company for which I work. Having only been there a year, I didn't get stock, but...

The 40-plus employees who did not receive stock were given cash bonuses from a pool of $200,000 funded by the Starks. The amounts were prorated based on length of service and other factors, ranging from $650 to $20,000.

It's kind of nice to have your place of employment change hands without losing your job. And the bonus will help to pay off a little chunk of credit card debt.

Comments on Bought Out
 
Comment Wed, August 2 - 3:48 PM by tagger
Sounds like you win on that one. I keep wondering if I should have hung on when DG was going down for the third time and hope I got picked up by EMC, or just grab the money and ran, the way I did. Who knows?

One thing's for sure--if I had stayed, I'd be doing 50-70 hour weeks and living in airports the way I did in the '80s and '90s. That wasn't so bad, but I kinda like going home at night.

Whatever happens with your new masters, good luck.
 
Comment Wed, August 2 - 6:50 PM by Stark
Panoply!!!
 
Comment Fri, August 4 - 9:50 PM by mom
Ok, I'm dying to know - how much??? You can tell your mom.