DrafterX wrote:Didn't have to clean out my desk or anything so I'm counting on it being temporary.. wondered if they do decide to shut down for good and i draw unemployment if any severance pay goes out da window..
Just thinking too much prolly...
sounds like this is your company's response to the downturn in business caused by the pandemic...
you and the company will qualify for relief thru the fed stimulus plan...hang in and hope your company chooses to use their relief money to restart the business and pay their employees instead of pocketing the cash...regardless you'll qualify for extended unemployment benefits...
in the meantime, apply for unemployment asap, and wait for the stipend check Kudlow says will be direct deposited in a few weeks...
not a good time to withdraw 401K...don't touch it at all costs...