Friday, May 15, 2009

Down-Sizing at Work

I have been notified at work to expect to be laid-off in the next 2 weeks.

Anyone going thro' layoffs should know what's a WARN act.

WARN stands for Worker Adjustment and Retraining Notification and this has come handy to me and I consider lucky because of regulation '20 CFR639.639.2'

Click Here.

This development will greatly impact my goal of paying down my mortgage substantially this year.

I have decided NOT to sell my ESPP holdings(contrary to my earlier posting) as this might serve as my Emergency fund.

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