Just been briefed recently that my workplace is shutting down. Time scale around 12-24months. Time to start thinking about a new job.
I work for an aerospace company making cockpit windows. Only shop floor, not an engineer or anything.
I took redundancy last April. I had the summer off after working nights for the last 15 years. I had a great summer walking and holidaying. I then took a new job and work just four days a week and earn more money. Now I actually like my job again. Every cloud has a silver lining bud, you might not think it now, but hopefully it will turn out for the good
Nows the perfect time to retrain, whilst you are still earning a wage to fund it. I can’t imagine not being my own boss now. One of the smartest moves I ever made was to become self employed. When I left school I got a job working in the print, to be honest I wasn’t bad at it and I was earning pretty good money for someone of my age after a few years. But I wasn’t happy and knew it wasn’t for ever. So I went back to college for three years and did my city and guilds. Then I started and the bottom again. Hopelessly out of my depth, my partner at the time and my parents thought I was mad, but now I’m very much the wrong side of 45 and I’m bloody glad I did.
Time for a change? retrain, follow your dreams? lots of new opportunity's Same happened to me back in 2003 ended up working for myself for a while but eventually ended up back in the industry that I had the skills in, all worked out ok in the end.
I took redundancy a couple of years ago. After a few ups and downs I've now just got a job with my old employer's main competitor. It's funny how things work out so stay positive.
At least you’ve got time to look around and apply for jobs you may like rather than being given little warning. Maybe it will be a good thing and steer you in a different direction? Good luck.
I took redundancy a couple of years ago. If you’ve been there a while it’s a gut wrencher but I’ve not looked back. Good luck fella
We have a good few folk on here who’ve made positive use out of redundancy. It always impresses me how much good advice there is.
I've always believed that things happen for a reason and will turn out for the best in the end. Good luck.
I took a voluntary redundancy from a job in a famous printing firm,16 years ago. Never looked back! Wish I did it sooner! Good luck.
In the summer of 2002 my security firm I part owned was about to hit the rocks due to the redevelopment of Wembley stadium, long story but it meant we were going to lose about 80/90% of our work, we still had the clubs but I didn’t fancy going back to being a bouncer I wasn’t getting any younger I was 45, so I sold my share of the business it was a sad day for me because we had built up one of the best security firms around, Bob Gildoff thanked us personally for doing such a good job at live aid in 1985, around this time my second marriage was breaking up I had nothing to keep me in London so I upped and relocated to first Kent, my mate who is very rich and has a big house in West Kingsdown offered me a roof over my head, he lived opposite Kenneth Noye the notorious gangster, robber and later M25 murderer I’ll tell you some stories about him around a camp fire one night with a few prides, at one of my mates barbecues I met a girl from Sussex she worked for a bank in the city as a project manager, I moved in with her and lived the life of Riley, we went all over the world you name it we went there, but me being me I soon became bored, getting itchy feet and started shagging around ( don’t do what I do kids) eventually you guessed it I got caught and that was the end of that, a friend put me up but the money had run out, I was skint and needed a job to pay my way, my mate was cabbing and suggested I do so too, so I completed the local taxi knowledge and started cabbing with Southdown cars in 2006, it was hard work but enjoyable, I worked mainly nights Friday/ Saturday were a bit dodgy but the money I earned was bloody good, in 2009 I and a partner started AnB cars because Southdown was sold to a Crawley company and the drivers were all unhappy , AnB being Adrian and Barry cars we had 25 drivers come with us, in 2008 I met my wife and in 2011 at the age of 53 I had my daughter Holly, in 2013 I sold my share of AnB( I’d had enough of being the boss, it just wasn’t me) and as you do with the money bought my camper,in 2014 Becky and I moved into our brand new house on the outskirts of EG, If someone had told me in 2002 when my business was going down the swanny that I was going to achieve all the above I would of told them they were mad, good luck
Thanks folks I'm sure it will all work out. Going to process things over the next few days and map out some idea's. I like the thought of being self employed, but worry about not having that regular income. I certainly don't want to be stuck inside a factory anymore!
Good thing about being self employed is you control your destiny . Work hard don’t expect to be a millionaire in a year but keep working hard. There will always be ups and downs as you can see with where you work now. Keep overheads down to what you can afford and get some terms and conditions written up to cover your backside . You have some time to work a plan out and maybe get some things under way . All the best and good luck with what ever you do. Life goes on
Bet your missus is worried having read some of the stories above.....being a bounder isn't compulsory! I've worked with a few companies that laid people off, every single person I know who went is happier and better off. The initial shock is hard (e.g. one was a postman for 28 years....he still can't believe people work a whole day), don't take it personally as it really isn't. Plan your lump sum wisely...the amount of people who initially had no plans at all and thought paying off their mortgage was a good idea amazes me....the payout keeps the wolf from the door and gives you time to make good decisions, not pressured ones.