There's a certain "mystique" about working as a consultant for a company
that's about to go belly up or one where its business has been sold out. I don't
work for either, but the attitude around my workplace is similar.
I work for Citigroup. Although this is arguably the largest financial
institution in the world, I doubt I can get fired for blogging about this turn
of events, for a couple of reasons: it's public knowledge, I'm a consultant, not
an employee, and my contract has run its course (as in I have an end date with
no hope of renewal of contract).
My department was sold off to MET life for a few billion, they (MET) only
care about the holdings, the employees and the systems are throwaway to them. So
anything I have been working on or will work on in the next two weeks of my
remaining contract are trash. Nice.
This is quite typical in my business, hell, I work for 3-4 employers a year.
And I honestly can not think of one thing I have programmed that has survived
corporate takeovers or business failures. So, in my life, I have worked my ass
of to produce nothing. Nice thought that puts me in my place.
Anyway, I am working with and surrounded by, a few hundred people (2000 or so
total) that will not have a job in a few weeks (months). To add insult to
injury, they are interviewing for jobs with the new company. Some (most) of
these people have not interviewed for a job in over 15 years. Sad. I work with
these people and I have to say, at least for the people that I work with
directly (and, no, they will never find or read this site) they are a cut above
the typical corporate employee. A bit smarter, a bit more well rounded. But
they'll all be out of a job in early July.
I feel for them. In my position as a consultant, I expect this, and deal with
bouts of unemployment. Sometimes for extended lengths (like this last summer).
But these people have no clue. I hope that something in the Hartford area picks
up, because they have little or no chance of getting a job, honestly.