Well the announcement has been released so I can comment more. Basically what's going to happen is that Marconi is going in sustaining mode. They are ceasing new research and development. They are going to be supporting existing contracts, but nothing more. Staff will be reuced to a minimum. For me, that means that out of 323 people in this building, 119 will be left.
There are some benefits to this size reduction. The Warrant Act will go into effect. That means that once they announce the who will be let go, we will be "employed" for another 60 calendar days. I know it's for cleaning up and shifting the effort the unfortunate souls who are still around, but I'm betting most people bail.
So now I'm scanning web sites and looking for a new position. I think I would relocate if I liked what I saw. Some of the places I've been considering are Las Vegas, Reno, New Orleans, Northern California, North Carolina, and the Washington/Oregon area.
I think my parents are more upset about this than I am. I've been watching this come down the line for a while now. I have the lyrics to the Caddyshack theme song stuck in my head. It's "I'm Alright" by Kenny Loggins
I'm alright
Nobody worry 'bout me
Why you got to gimme a fight?
Can't you just let it be?
