Retrenchment Galore

The global recession is surely taking its toll. Accenture, Branders, Lawson… everybody’s been hit. This morning, I got to the office and Joyce told me another wave of retrenchments, the third in the company so far, have hit. Needless to say, it is very demoralizing. The first time it happened, they said they’re letting go of people whose skills were no longer aligned with the strategic direction of the company. The second time it happened, they said they’re letting go of people with redundant skills. The sad thing was that it happened just as a project wrapped up and a lot of the people who toiled in the project were let go. That sucked even more since it was just before Christmas. Now the third time, almost everyone not involved in any project were let go. And each time,the severance package becomes less and less consoling. When will this end?