Star employee gets unjustly fired, negotiates one full year of compensation then starts working for top competitor: 'We have to fire you because you are too expensive'

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    "Fired because I'm too expensive"

    A young businessman sits on the stairs next to a cardboard box of his supples and a few flying pages.
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    I have spent the last 5 years working for a German company as Technical Director for Southern Europe.
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    During those years, I have been in charge, multiple times, of supporting my colleagues and customers in Eastern Europe and even, because of the language (I am Spanish), in the LATAM area.
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    I was called to a meeting on a Monday morning in one of our offices 1,100 km from my home (680 miles or 10K football fields, for Americans). That forced me to travel on a Sunday.
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    That Monday, after 3 hours working with the rest of the team on strategies and actions for the different markets and clients, my boss, who had come from Germany, told me that he had to talk to me during the coffee break.
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    He was waiting for me in a room together with the HR Director and the Country Manager. -We are happy with your performance, but we have to fire you because you are too expensive and we are making cutbacks.
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    All I said, with a sneer, was: - I am expensive if I don't produce for the company a considerable profit, regardless of what my salary is. They showed me my severance package and I had to speak again:
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    - Do you remember that you made me sign a "golden parachute agreement" whereby I could not leave the company without giving a year's notice? Well, that also obliged the company to compensate me with a year's salary and bonus if you fired me.
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    They have been calling me for a month to ask me for help with some clients or scientific researches that has been left half done: I have asked them for 1,000 €/day for an 8-hour workday or 600 for a half-day workday, expenses aside. They have finally stopped bothering me.
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    Best of all: tomorrow I'm going to sign as Technical Director for EMEA with the world biggest company in my sector, their direct competitor (since they fired me, the non- competition clauses do not apply).
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    A young businessman sits on the steps of a building looking despondent next to a cardboard box of office supplies and loose documents.
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    PsychedelicMagic1840. 6 hr. ago You sound like a friend of mine who was just let go from a German nutrition company for the same reason.
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    STUNTP 3 hr. ago for the same reason It is the most common reason, outside of performance and restructuring, why high-level (compensation-wise) people are let go.
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    Babbeldibab 4 hr. ago Im guessing this is costing them more than keeping you. Good on ya!
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    DrFabulous0 2 hr. ago This happened to me. I'm a simple man who fixes bikes for a living. I was fired because they said they couldn't afford my rate then came back as a subcontractor earning 4 times as much for the exact same job.
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    KL_boy 3 hr. ago 1000 euros a day is what standard IT contractors are charged out. Business consultants are 2.5K per say.. You are under billing yourself
  • 17
    Not_Bill Hicks 2 hr. ago the good old, fire someone who makes 5 million, but costs 200k, so we can replace him with someone who will make 2 million but only costs 150k. Corporate logic
  • 18
    David_Apollonius 3 hr. ago Did they pay for your 1100 km of travel expenses? And for your boss? And you got a full year of severence pay? And they thought YOU were expensive? They should have fired themselves instead.
  • 19
    El_Kurgan_Alas OP 31 min. ago What I have heard is that new CEO is firing a lot of people (even my ex boss)
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    ineedatinylama · 2 hr. ago I got my hours cut because I was "too expensive." Too expensive means you are one one of the best employees with loyalty to your company.
  • 21
    I quit, went to a competitor, they were happy to pay me more because of my loyalty, work ethic and knowledge.

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