If the company you work for goes bankrupt, what happens to you, a regular 'ole store associate?
I work at RiteAid and rumor is that RiteAid is going bankrupt. I checked their stock and it’s only worth $.99! I’m worried because I worked so hard to get this job and I’m wondering what’ll happen to the rest of us [I'm a cashier] if RiteAid goes bankrupt?
Related Blogs
- Jobs in the Philippines – Cashier
- Jobs in the Philippines – CASHIER
- Pixamba: Media Management Platform For Stock Photography Users
- Rite Aid wellness+ Rewards Program
- Rite Aid: Wellness Program and Coupons
- Would it be tacky to report a cashier at a local store I go to …
- Stock Market Movers For 25 May: Ford, AutoZone, AstraZeneca, Live …
- Financials Lead Stock Market Higher | Daily Markets
- New $5 off $25 Rite Aid Coupon from Rite Aid Wellness+ Program …
- Rite Aid Wellness+ Loyalty Program
- 50 Tips to Help You Find a Job | Business Pundit
- Cashier (Saudi Arabia) | Finance and Accounts Jobs in Saudi Arabia …
- Zecco Introduces Stock Trading Widget On StockTwits And Firefox
- Kourtney Kardashian Admits She Had A Boob Job! | PerezHilton.com
- Isabel does her job
- Rite Aid Wellness Reward Program
- Rite Aid: Wellness+ Rewards Card + $5/$25 Coupon
- Stock Market Volatility is here to stay – The Curious Capitalist …
- Rite Aid Wellness Program – Sign up for Coupons, Savings and More!
- Why Does Steve Ballmer Still Have a Job? « The Baseline Scenario
Mail this post
It really depends on what happens to the company in bankruptcy. I highly doubt that RiteAid would go entirely bankrupt and out of business. They would find some way to continue operating – maybe they would need to close *some* stores, but not all of them.
If it were that bad, then maybe they would sell out to another company like Walgreens or another retailer. In that case you still would be okay for at least the short term.
Being one of the more basic employees, I wouldn’t worry *too* much – I highly doubt that a store would just close out of the blue. If you think that it is a real possibility that your store would close, start applying at other places.
6 months unemployment after that you have to look for another job. sorry to hear about that.