Friday, October 19, 2007

Nova's finished

So it's October 19th, payday was the 15th, and I haven't see any money. The higher ups are saying that we'll get paid on the 26th, but I don't care.

I'm not going into work until I get paid, and because the job search isn't going well, it appears I'll be coming back home to Canada soon. 5000 foreign language instructors are effectively unemployed, about 3000 of which are English instructors. I am of the last 200 people to have arrived at the company (of all languages, the last 120 of English instructors).

I'm sorry this blog wasn't the fun blog that you and I expected. Shit happens.

My last hope is this one interview I had earlier this week, and maybe Korea. If you want a play by play of what happened, read these articles:

The rent situation
More rent fun
News about the pay
What started getting me worried
What pissed me off
More news about Nova

So, to summarize, there's a cash influx, but that's enough to pay 700 of their 5000 teachers. They had to delay the payment of the teachers, which was planned for the 19th. Then someone got arrested. He was a key figure in the cash influx. It turns out that has some shady contacts and embezzles money for organized crime. The president is nowhere to be found, and there's a couple million dollars in missing shares. The companies buying into Nova may be dummy corporations that are also shady. The president assures us (through a memo) that all is well, and we should be patient.

Once again, I apologize for the negative post, it sucks, but this whole situation is fucked.

3 comments:

Anonymous said...

I'll miss you if you leave:(
Sarah

Anonymous said...

I will miss you!
Sarah

Anonymous said...

Don't apologize about the blog. I'll remember all the GOOD memories:

The search for the Giant crab,

human tetris,

public urination,

private nose clearing,

and finally the fact that you could have been in Japanese porn, which would have given you unlimited stories to tell.