Fear of being Fired.
I am working for a client called **** in a division called International Banking Group. Due to some big AML Compliance issues, where in they had to spend lot of money (I have to say that my company was a big benefitter from this) to be able to even come close to those compliance related stuff. Finally 4 brains inside the boardroom decided that they had to get out of this business itself to get out this mess. And so they sold this group to another bank called Wachovia. 50 ppl around me and 450 more suddenly got to learnt that they will be out of their jobs pretty soon. Anytime soon. Must be traumatizing I know but I dont think I can relate to this in the same way. But I guess I can feel it a part of it. First reaction is world's over! There is nothing more left! Period.
Most devastating feeling I guess for me! I guess this has been going on here for quite some time here. But this is my first hand experience to have a look at all those employees like this. Mind you in this case its not happening because of 'B' letter word. Any which ways I guess u guys dont think that I am against it. There is no way I can be.
It was just a feeling which occurred to me when I saw bunch of ppl around me in a very despondent mood. Ppl with whom I was working with in last 12 months. Sad to know something like this.
All of us know that this is not the first time when something like this happening here. In fact I spoke to few of them and they told me that they had faced this earlier upto 7 times. Staggering number. So basically what I inferred is this can happen anytime without any appointment. Does that mean all these employees in US are living with some sort of fear? Fear of being fired. Imagine a place where you go out to work daily with this fear that u may not visit the same place again tomorrow. Fear of loosing everything. Fear of not able to give the mortgage. Fear of not able to live happily. Fear of THE END.
How is it possible then most of the companies in fortune list are American companies with American employees. How do these employees with perpetual fear produce such astounding results to make their company best in the world. Does fear breeds motivation? Does fear in person bring the best out of somebody?