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Reply to "Should I accept a buyout? Or stay on till the end?"
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[quote=Anonymous]I work for a larger gov't contracting firm. My customer's budget is being cut, and my hours have been reduced to 50%. The company as a whole is trying to reduce long term expenses, and is laying people off with decent severance packages. In my case it would be 5-6 months of salary (Full time). As part of the expense reductions, we are not marketing...meaning I can not go out and find new work. So, I have to rely on my one customer, who has limited funds for FY2014 (not enough to get the team through more than 6 months at 50% time). So, this means in six months, I could be let go anyway, but without a severance package. But, it is possible the customer will find more money. I know outside of my project, my organization within the company will continue to shrink, as I know the pipeline of work. I am thinking of putting my name in for the current round of layoffs. 100% of 5-6 months salary is better than 50% of 6 months....[/quote]
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