cbs4denver.com - Some Shane Co. Paychecks Bounce After Layoffs

From you friend in the bankrupt morals business. I wonder if Tom’s paycheck bounced? I bet not.

cbs4denver.com - Some Shane Co. Paychecks Bounce After Layoffs

“They called me into the office along with the assistant manager, who had been there at least five years, and said that due to the bad economy that they had to make some difficult choices and that as of right then, immediately, we were being let go,” Hain said.

His final paycheck bounced. Between the time he received it and could cash it, the company filed bankruptcy and its accounts were frozen.

“The thing that makes me most disappointed in them is that they would give him a check, his last check, that was a rubber check,” said Christine, Hain’s wife.

This is pathetic and shows a lack or integrity within the whole company leadership.

“I don’t know if I’d call them a friend at this point,” Hain said. “If they were a little more up front with how they treated us, the people that were let go, and were a little more truthful, I think that would go a long way.”

I wonder if they provided any severance pay or not? I bet not.

Wait,

A spokesman for the company said they did not anticipate that the bankruptcy court would freeze their accounts and they are very embarrassed.

They should be ashamed more than embarrassed.

1 Comment »

One Response to “cbs4denver.com - Some Shane Co. Paychecks Bounce After Layoffs”

  1. Shell on 15 Jan 2009 at 06:08 #

    I’ve been through the bankruptcy process personally due to medical bills and you don’t have any control on what the court is going to do or not do. They don’t give you a courtesy call and say, “we’re going to freeze your bank account.”

    I am very sorry for your loss of a job, that seem to be happening a lot these days, but did Shane Co. say they would not pay you the money you are due or was this deliberately done? No…. I don’t think so.

    Good luck with your job search. From what I’ve read, Tom Shane could have taken the easy way out and liquidated the whole lot. Instead, he is fighting for the company and the employees that are left at Shane Co. I’m sure at least one of them is a friend of yours and you wouldn’t wish them ill will (or bad press). Right???