It's been a rough few months folks. Back in September, out of the blue, my company filed for Chapter 11. Since then, we've taken a 10 percent cut in pay, lost our dental and vision, lost our 401K, had our benefits contributions raised (again)and had our pensions frozen. Anyone who wasn't avergaing 30 a week lost all their benefits. Twenty five stores have been shuttered. Hundreds have been laid off.

Luckily (or unluckily) I work in the #1 store in sales. We're literally keeping the company afloat right now. Needless to say payroll has been slashed and we're trying to do it on a skeleton crew.

I thought about bailing, but cutter jobs here in Arizona are hard to come by. I talked to the guys at Kroger and they'd hire me but at the "new" pay scale of $11 an hour. That's just too big a pay cut for me. Not to mention starting all over with one week vaction, etc...

I've made the decision to ride it out to the bitter end. I've been busting my ass, working wherever the company needs me, trying to make myself indispensible. I'm hoping if the company does fold., somebody will buy this very profitable store and grandfather us into their pay structure...

Anybody use been through this (Albertson's) and has some thoughts? The thought of being a 50 year old meat cutter in the unemployment line is scaring the @# out of me!