My wife worked for Seafirst bank in Seattle that was bought by BA. She worked there 32 years. She was terminated along with 300 other employees in her department around the USA by a phone conference. She had enough time to retire and did that. Plus she got the buy out package. But, she hated BA. They screwed all the SF employees and changed all the programs they had for pay, retirement, 401k etc to benefit them (BA). She was happy to retire and leave.
I worked for Rainier Bank, then Security Pacific, in Seattle. And in a very high position - just not high enough to get the golden parachute...experiences your wife had are very similar to mine....
“My wife worked for Seafirst bank in Seattle that was bought by BA. She worked there 32 years. She was terminated along with 300 other employees in her department around the USA by a phone conference.”
I just had the same thing happen to me less than two weeks ago. I have 31 years in with a Fortune 50 company...our jobs are going off to India and we have to train our replacements.
America no longer has a market economy — it’s closer to corporate fascism. Big Business + Big Government = Screw the American worker (especially if you are an American white male over age 50).
Excuse me if I seem jaded...but I am, watching what has happened to America generally and myself specifically.
Screwing the masses is what leftists do best. And all the while pretending to be “for” the little guy. Too bad there are enough stupid voters in America now to not know any better.