It was laid out in greater detail than I will provide here (cuz only parts of it apply to us, thankfully!), but suffice it to say that they are laying off about 20% of their employees...out of about 1,000 people. The rest are still on mandatory 4-day weeks, with the 5th day being a vacation day (so they get paid for that day), but are also now being required to take one week of un-paid vacation per quarter (3 months). We're not sure yet when that will happen for Terry (when his week off will be) but we're already looking at how this is affecting us financially.
We'll be okay...God will provide. He will take care of us. :)
I feel really sorry for the rest of the people who are being laid off. They are regular folk, just like us, and many have families. It's not like they are only choosing the ones who are just couples or single. (Of course not, that would be discrimination! LOL) It's just so scary, cuz we also believe that this is only Round 1....there will more than likely be more coming in the next 3-5 months...so who is next?? Could it be us?? Who knows...
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