Will Sprint go bankrupt?

[PhillyChiefFan]

Bastards laid my dad off after 29 1/2 yrs of service in which he took 8 days of sick leave. He was 5 months away for being fully vested and eligible for retirement. Private sector sucks for security anymore.

[Sure-Oz]

Originally Posted by PhillyChiefFan

Bastards laid my dad off after 29 1/2 yrs of service in which he took 8 days of sick leave. He was 5 months away for being fully vested and eligible for retirement. Private sector sucks for security anymore.

Sorry to hear about your dad, he didn't get a severance or anything did he?

[PhillyChiefFan]

Originally Posted by Sure-Oz

Sorry to hear about your dad, he didn't get a severance or anything did he?

First off, thank you.
I didn't really ask him about it, he did get something but it wasn't nearly as much as he should have gotten. I believe that is why they let him go when they did.

The hardest part was how hard he took it. He told me the one day that it was like "loosing a family member" because he had dedicated so much time and effort into his job. We moved from PA to OP, KS for his job and then they kicked him to the curb. It was REALLY hard on him.

[Sure-Oz]

Originally Posted by PhillyChiefFan

First off, thank you.
I didn't really ask him about it, he did get something but it wasn't nearly as much as he should have gotten. I believe that is why they let him go when they did.

The hardest part was how hard he took it. He told me the one day that it was like "loosing a family member" because he had dedicated so much time and effort into his job. We moved from PA to OP, KS for his job and then they kicked him to the curb. It was REALLY hard on him.

Companies suck ass, it's too bad a hard working loyal guy like your dad had to go down like that. My gf's dad recently got released in a company he was with for over 20 years, because they "needed to get younger" he is 52 and was making 100k+ salary. The guy that fired him was 15 years younger than him. Kinda sucks and he is trying to work something out for a severance and he was near retirement too. Alot of time invested in the job as well, traveling etc and being away from family. Just treated him like an old dog and said gtfo. Where is the loyalty i swear? Rich wigs like the Sprint President or VP i heard got a huge severance for being released well over a million easy.

Goodluck to your father, hopefully good things will happen for him, there needs to be more people like him doing their job.

[xbarretx]

Originally Posted by Sure-Oz

Rich wigs like the Spring President or VP i heard got a huge severance for being released well over a million easy.

QFT

p.s. whats your PSN name Oz?

[Sure-Oz]

Originally Posted by xbarretx

QFT

p.s. whats your PSN name Oz?

Be honest with you i haven't even gotten on or played a single game yet. I have a few BR movies though.

But my ID is Shizzy2001 so add it if you wish.

Once i start getting games expect me to be on there alot more. Hopefully real soon!

[xbarretx]

Originally Posted by Sure-Oz

Be honest with you i haven't even gotten on or played a single game yet. I have a few BR movies though.

But my ID is Shizzy2001 so add it if you wish.

Once i start getting games expect me to be on there alot more. Hopefully real soon!

will do

sorry for the temp post hijack

[PhillyChiefFan]

Originally Posted by Sure-Oz

Companies suck ass, it's too bad a hard working loyal guy like your dad had to go down like that. My gf's dad recently got released in a company he was with for over 20 years, because they "needed to get younger" he is 52 and was making 100k+ salary. The guy that fired him was 15 years younger than him. Kinda sucks and he is trying to work something out for a severance and he was near retirement too. Alot of time invested in the job as well, traveling etc and being away from family. Just treated him like an old dog and said gtfo. Where is the loyalty i swear? Rich wigs like the Sprint President or VP i heard got a huge severance for being released well over a million easy.

Goodluck to your father, hopefully good things will happen for him, there needs to be more people like him doing their job.

Thanks again, good things transpired afterwards. We moved back here where all our family is. I miss Overland Park, but I love it here too. He changed with the times becoming really good on the computer, finances, changes in business and is extremely well liked by everyone I have ever met that knows him. I understand about your gf's dad, but someday that 15 years younger guy will be in your dad's shoes. Not that it was his decision but still. There is NO loyalty anymore, and thats a shame, no one cares about the work they do, they just need a paycheck.

[Sure-Oz]

Originally Posted by PhillyChiefFan

Thanks again, good things transpired afterwards. We moved back here where all our family is. I miss Overland Park, but I love it here too. He changed with the times becoming really good on the computer, finances, changes in business and is extremely well liked by everyone I have ever met that knows him. I understand about your gf's dad, but someday that 15 years younger guy will be in your dad's shoes. Not that it was his decision but still. There is NO loyalty anymore, and thats a shame, no one cares about the work they do, they just need a paycheck.

My gf's dad will be ok im sure, it is frustrating to hear when people work hard and for absolutely no good reason they get canned. I'm glad to hear things are going good now!

[xbarretx]

Originally Posted by PhillyChiefFan

Bastards laid my dad off after 29 1/2 yrs of service in which he took 8 days of sick leave. He was 5 months away for being fully vested and eligible for retirement. Private sector sucks for security anymore.

in old world sprint you were 100% vested after 5 years which your father would of had in spades. as for the 5 months do you mean as in having enough total work years to be able to retire?

im sorry to hear that in the past the company did such things. the good news is he would have received an income for over a year do to them laying him off. id get into the specifics of the exact formula but im sure that id get in trouble. regardless when you have that meany years under yuor belt, theres a good and bad to getting the boot.

[PhillyChiefFan]

Originally Posted by xbarretx

in old world sprint you were 100% vested after 5 years which your father would of had in spades. as for the 5 months do you mean as in having enough total work years to be able to retire?

im sorry to hear that in the past the company did such things. the good news is he would have received an income for over a year do to them laying him off. id get into the specifics of the exact formula but im sure that id get in trouble. regardless when you have that meany years under yuor belt, theres a good and bad to getting the boot.

I am not sure, as I said the ins and outs, I didn't feel right asking. All I know is that it had a lot to do with options. Do you know anything that would pertain to that? He did receive an income from them. He had to fly back to PA and find a job for a little more than half of what he made.

The GOOD news is he likes his new job a lot more, less stress and we live close to our family again. But he always says that he misses the job and the people he worked with. He's a good man, and it was really difficult to see him go through it.

[xbarretx]

Originally Posted by PhillyChiefFan

I am not sure, as I said the ins and outs, I didn't feel right asking. All I know is that it had a lot to do with options. Do you know anything that would pertain to that? He did receive an income from them. He had to fly back to PA and find a job for a little more than half of what he made.

The GOOD news is he likes his new job a lot more, less stress and we live close to our family again. But he always says that he misses the job and the people he worked with. He's a good man, and it was really difficult to see him go through it.

well if your father actually had stock options he had them b/c in the old days almost anyone could get them or he as at least at Director level. as for how they worked into compensation when let go that i have no clue on maybe if the dates for them expired during his severance(sp) they might of gave him compensation? thats what im unsure on, the weeks and stuff per years of service is what i know. sorry, i have failed