CPA disappointments and "imminent layoffs"

We received the unfortunate news last week that Aaron did not pass the CPA exams that he took in August. DARN!!! He was so close again, in the low 70's, and remember, he only needs a 75 to pass.

The other stressful thing is that with the economy collapse, Deloitte really took a hit. Almost everyone of those big companies that you've heard about in the news, i.e. Fannie Mae, Lehman Brothers, etc., were Deloitte's clients. This has hit Aaron's company very hard. Layoffs were already suspected, but Aaron and all of the Deloitte employees got a memo yesterday that more layoffs would be imminent. Aaron is sure that he is next to go because he is next to move up. Well, there isn't anywhere to move up since there isn't any work to do, and he gets paid more than the newbies. It makes Aaron the likely choice.

So, our future is suddenly very uncertain. Aaron had already begun searching for jobs, but it felt like it was on our terms, because he wanted a change. Suddenly things are shifting to a necessary change of employment, and in an economy like this, it may not be easy, even with Aaron's experience. I guess it will be a race to secure employment before he loses his current one, and that isn't what we had hoped for. It would be much better to be able to take our time and search out a few areas and companies that are attractive, but if a lay-off happens soon, we can forget about the taking our time part.

We're fortunate that we have some money in savings so it wouldn't be completely devastating at first, but the pressure is on because of the pregnancy. What would we do without health insurance? Yikes!

So, keep us in mind if you hear of a fantastic opportunity for a senior level accountant in your area. We are open to moving and our top location picks are: 1. St. George, 2. Las Vegas, 3. Phoenix, and then everything else after that is whatever. Thanks!