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<blockquote data-quote="patooyee" data-source="post: 517955" data-attributes="member: 483"><p>We closed one of our stores down back in April. Its tricky. We ended up giving them 2 weeks notice and offered everyone that stayed until the last day 2 weeks of severance pay in addition to any vacation time accrued. All but two of the newest guys stayed. I had a big meeting to let them all know, it was somewhat emotional since so many people had been there for years and I had watched some of the kids grow into young adults. I think anything like that is going to be emotional no matter what. They weren't expecting your lack of emotion which turned what would have been sympathy and empathy into anger.</p><p></p><p>As an owner I see dollars and cents. Yes, I pour my lifeblood into it, but when I do so and see the P&L's with negative NOI it got to a point where I was actually looking forward to closing it down. I look at it as somewhat of a failure, but also an opportunity to move on, devote my time to more profitable endeavors. But those people working for you sacrifice, put emotion into it, and support families with it. Its not a relief to them, it is a whole new headache and a a future of uncertainty. They know that you will go on and be OK, they don't have that same guarantee for their families. Being nonchalant about it says to them that you never gave a **** about them to begin with and that hurts. Maybe its not true, but that's the message it sends.</p></blockquote><p></p>
[QUOTE="patooyee, post: 517955, member: 483"] We closed one of our stores down back in April. Its tricky. We ended up giving them 2 weeks notice and offered everyone that stayed until the last day 2 weeks of severance pay in addition to any vacation time accrued. All but two of the newest guys stayed. I had a big meeting to let them all know, it was somewhat emotional since so many people had been there for years and I had watched some of the kids grow into young adults. I think anything like that is going to be emotional no matter what. They weren't expecting your lack of emotion which turned what would have been sympathy and empathy into anger. As an owner I see dollars and cents. Yes, I pour my lifeblood into it, but when I do so and see the P&L's with negative NOI it got to a point where I was actually looking forward to closing it down. I look at it as somewhat of a failure, but also an opportunity to move on, devote my time to more profitable endeavors. But those people working for you sacrifice, put emotion into it, and support families with it. Its not a relief to them, it is a whole new headache and a a future of uncertainty. They know that you will go on and be OK, they don't have that same guarantee for their families. Being nonchalant about it says to them that you never gave a **** about them to begin with and that hurts. Maybe its not true, but that's the message it sends. [/QUOTE]
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