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Old 2007-01-22
Tim O' Tei Tim O' Tei is offline
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Rank: Failing Enterprise Area Rental Manager (1,000-1,999 Posts)
 
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Default Re: News from Germany / Hot

Quote:
Originally Posted by Unregistered View Post
G4 (Stuttgart), G7 (Hanover), and G8(Leipzig) are closing down. All level 3 employees are allowed to stay according to info. All others were offered 1/2 of their salary and sent bye-bye. I don't believe they made an "official" announcement, just told them thanks and here is your compensatory package. Fred G. is going back to the admin in Frankfurt (I think that is G3?) and who knows from there. anybody have anything new?

Man, we get to witness some serious history here. All those years ERAC has been priding themselves of being the company that never once laid off an employee. Well, there goes that piece.

I wonder if this is the beginning of the end, even for those folks in the states...

Were there any redundancies when Northern Ireland and Scotland merged?
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