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DH is getting laid off
Just found out yesterday, ironically right after I got some awesome news about getting approved for a home loan at a great rate.
He has until Feb so they gave him plenty of notice. He has an option within Cox to move over, but he hates the job and there will be a cut in pay, because no OT is available in that position. Next month, they'll be moving his job to Mesa, which sucks too.
He applied for MCSO detention officer and is waiting back on that. Not sure when that starts but it's more than he makes with Cox salary wise, but he still makes about 20k in OT a year at his current job.
What sucks is he's been with cox for almost 10 years, so that's really helping us on our home loan. If we were to get another house right now, the payment would be about the same as our current home...but also probably not an awesome idea to buy a house when he's getting laid off.
This just really sucks. I had all these plans to get pregnant like, by the end of this year and that's very doubtful now! He doesn't want me to have to work so we will figure out how to make things work with me still being at home but it sucks, I don't want to have to be living paycheck to paycheck. One other thing that sucks too is we'll lose our free internet and cable! So we'll actually have more expenses! Blah!!!
One good thing that's coming out of this, sounds like he will be getting a lot of double time up until he leaves or gets his severance. I kind of partially want him to stay till then because it will be about 15k, but that's cutting it kind of close if he doesn't have a job in line!
Sorry this was so long, just wanted to vent. Thanks for listening.
Re: DH is getting laid off
Wow, that really sucks. I'm sorry for you and YH. If I'm understanding correctly, your DH hated the job? Maybe (like Erin said) it'll all work out for the best. This will allow him to go out and get the job he really wants/loves.
Financial worries are the worst. Good luck with everything. Make sure to start saving away as much as you can now while you still can. It might come in handy if he has any trouble finding a new job, or just extra money when you have another kid.
wow, that really sucks. perhaps it was blessing in disguise especially if he hates his job. It could take awhile for him to find a good paying job at a company he loves so i would totally bank up on all the double time their offering and start putting that money aside. you'll need it for a down payment on a bigger home or for when baby #2 get here.
Oh man, I'm so sorry!!! That stinks! Why are they laying him off? Is the company hurting that bad?
I lost my job in February back in NY and I was devistated at first. I cried a lot and was scared as to what was going to happen. But I got unemployment, which is really good in NY, and babysat under the table until I got the job here and then we moved. It kind of pushed us to really get our act together so we could move.
I know it's not easy or fun but you will def. get through this. It may be a blessing in disguise and maybe something better will come around. Good luck!!! At least he has a while to look for another job, that's good!
Thanks ladies. Don and I talked and I think he's going to wait it out for the severance package. It will be a really nice chunk of money. He doesn't totally hate his job, there's just not much room for advancement. Everything's going to be fine, I was freaking out but I have no reason to. We are totally fine financially
I'm so sorry to hear that!!!! I really hope everything works out for the best. Like others said, maybe this is an opportunity for him to find something that he will really love to do. It's good they at least gave him notice several months in advance so you guys have time to plan and figure things out.
Good luck with everything!
I'm so sorry to hear the news!
I'm sure everything will work out.