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[quote=Anonymous]Not me, my father. 55 years old, was recently told that he - along with the 8 others at his company with his title - would be let go from their company (large, F500 CPG, think Proctor and Gamble, Unilever, etc) due to a restructuring. I would love to get some feedback from the collective intelligence here on DCUM. His stats are as follows;

-55 years old, 25 years experience in marketing and product/brand management. BA in Journalism from state directional.

- has worked at this company for 18 years with steady promotions. He currently makes a salary of $110K with bonuses usually bringing that to around $150K.

-lives in a low COL where he's pretty much "topped out" in terms of salary/title. His company is one of the main white collar, high paying employers in the area.

-He does not LOOK 55. He is very trim, not balding/greying/overweight/etc. But still worried about age discrimination.

This is so scary for him! He wanted to retire at 63. My mom makes about $60K and just went through this exact thing a year ago (without a dime in severance) and managed to find a job but took a $25k paycut. [/quote]

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