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microman

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    Silly Picture Thread.

    in Funnies

    Posted

    I was retrenched in 1991 at the age of 47, following the merger of Commercial Bank and the Wales to create Westpac. Two banks merging meant that there were 2 people for every job so they had to rationalise. As the Commercial Bank was the smaller, it was CBAL staff who got retrenched. Most banks were going through a rationalisation /productivity crackdown, so there were hundreds of retrenched staff in a shrinking job market. Compulsory super didn't come in until 1993, so any super was voluntary. Left many up that well known creek, driving some to suicide. Took me 8 years of agency temping before I got a permanent full time job, not easy when you're over 45.

    Sounds familiar - as an ex-banker - in fact I worked in the financial services industry all my working life (45 yrs) - was made redundant 3 times, and after the last one decided to hell with them all, and retired. Luckily I had made a couple of good investments, because the chances of me finding another job in my field at 61 were nil. Now I live on the smell of an oily rag so that I can still play with aeroplanes!

     

     

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