Company reorg meeting next week
Out of context: Reply #11
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- shellie0
The last reorg that I was a part of, they basically tricked us all into writing the documents that helped them sell the company, and then fucked me out of tens of thousands of dollars of pass due profit share that settled for hundreds on the thousand after the sale completed. The partners cut my last two monthly payments out of their own pocket, which lead me to camp outside their house when my checks from the company were bouncing. It was UGLY.
That reorg came right after they merged with an event company and took on their staff and added a new partner. But apparently the plan was always to sell, something I wish they would have told me as I was leading their ONLY profitable department.
Thankfully the company moved to Austin Texas after the sale, which is great bc I may have gone on a murderous rampage otherwise.
- I've always found cash flow issues to be the root of every reorg.shellie