KIDS Issue 1041 · December 18, 2024

Even When It Hurts  

When halachah impacts your wallet: 3 stories

Even When It Hurts  

Bankrupt

Layoffs.

Gossip spread like wildfire through the building. Everyone was whispering about it, finding excuses to get up from their desk and listen to the news being passed around at the water cooler — “Robert M.? I can’t believe it — he’s always the first one in the office each morning.”

“Do you know why? Is the company doing so poorly?”

“Keep your résumé updated… I hear there’s more coming….”

Twelve people had gotten called into the office and received a two-week notice. The company had expanded too quickly, it was hemorrhaging money, and the investors wanted to pull out and cut their losses. That didn’t mean we’d all lose our jobs. A private equity company was going to buy the place, but they wanted a leaner, meaner company, and that meant massive layoffs.

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