This is getting ridiculous!

Discussion in 'The Green Room' started by Forbin, Oct 16, 2018.

  1. Forbin

    Forbin Do you feel fluffy, punk?

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    In 1981 I got a good job at ITT Avionics Division in the graphics department. Charts, manuals, presentations, posters, proposals, etc.
    Over a couple of decades, the company reorganized a few times with subtle name changes - ITT Avionics (no 'division'); ITT Indistries; ITT Electronic Warfare... But it was till good ol' ITT. The logo kept changing, giving us in Graphics something to do.

    Around 2012 (I think), a habit of acquiring smaller companies had apparently made ITT too big to manage, and the company broke up suddenly into three smaller, more specialized entities. Our military electronics branch became "Exelis, Inc." - but to keep from confusing our customers, it was "ITT Exelis" for about a year. All the branding, the logo, the powerpoint templates,etc, changed radically. Exelis was a whole new company, so all our benefits changed a bit, but not too much. We kept our seniority and years-in-service. Of course, when it went from ITT Exelis to just Exelis, we had to change the logo on all the forms and templates again.

    So just when we got comfortable, Exelis was purchased by Harris Corporation, a competitor, in 2015. Though it took a year or so for the melding to happen, everything completely changed. Those of us with over 30 years who had 5 or 6 weeks paid vacation had to accept the new rule of 4 weeks maximum. The pension was frozen in 2016 - I'll still get it, but the amount will be what I would have gotten in 2016, no more. Of course anything with a logo on it had to be changed, including every sign and poster in the building, and datasheet and brochure. We in Graphics are now part of the web of Harris graphics departments across the country, and end up with sudden rush jobs or proposals for the CA, FL or NY offices. It's gotten fairly insane lately.

    All this time I've been edging toward retirement, watching the sudden unexpected changes with apprehension, waiting for one that gets our department shut down, or me laid off, or my pension cancelled, or the minimum age (60) raised, or who knows what... I'm hoping to retire at the end of 2019, so I'm getting close, and things seem to going okay in that direction...

    And when I came to work Monday morning, I found out Harris is merging with L3 Corporation. Here we go again.

    I worked for a perfectly stable, big international corporation for 30 years, and in the last 6 years it's changed four times. What. the. hell.
    Will I make it another 15 months to retirement?? Does L3 allow retirement at 62? Who the hell knows?
  2. Lanzman

    Lanzman Vast, Cool and Unsympathetic Formerly Important

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    Not to inflame your worries, but L3 used to be called Titan and they were a shit company. Keep your ear to the ground, dude.
    :mrsa:
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  3. Paladin

    Paladin Overjoyed Man of Liberty

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    I worked for a company that eventually became part of L3, but that was just after my time. A lot of the people I worked with stayed there for years after, but I don't know if the environment changed.
  4. Forbin

    Forbin Do you feel fluffy, punk?

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    Just for the hell of it I Googled the first place I worked in high school 45 years ago. A little shop near home that specialized in manufacturing a particular kind of grinding machine. Not only are they still around under the same name, but they're much bigger now, and the owner's son, who was a classmate of mine, is still there, now a VP.
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  5. oldfella1962

    oldfella1962 light & lethal

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    L3 sounded familiar and then I remembered - some of the circuit cards in our equipment are made by L3. Yeah the contract I work under since 2006 has changed hands a few times already. Each time it rarely affects too many people, at least in our division. The best thing that happened very recently is myself and all retired military get an extra 800 dollars or so per month as a pay differential for using our own health insurance via TRICARE. :) If they had done that all along the whole time......damn that's a lot of extra money I could have had! :scary:
    Some of the folks that are not military retirees are :shakefist: about us getting big ass raises but don't hate the player, hate the game! :shrug:
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  6. Elwood

    Elwood I know what I'm about, son.

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    That's when I would have said goodbye.

    The way my government retirement works is that I was vested after ten years. I've since left government service, but I'll get a check corresponding to my years of service when I turn 60 regardless of what I'm doing at the time. I'm assuming you're vested and would get a check either way at 60, 62, or whatever your company's policy is. I can't recall exactly how old you are, I'm guessing 59. If that's the case and you'll still get your vested check that was frozen at the 2016 rate at 60, I'd hit the bricks. Find something you actually like to do.

    If that's not the case, keep your head down, and pop out at your earliest convenience. Don't give them one more second of your life than you absolutely must.
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  7. Forbin

    Forbin Do you feel fluffy, punk?

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    I'm 61 now, so when the pension was frozen I was 6 months short of the minimum 60. But the house ain't paid off yet, (and for other reasons, my wife wants us to wait till we're 62) - and I wasn't going to drop a well-paying job for the sake of a couple of years. Tho I do fantasize about it, oh, once or twice an hour. :lol:
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