Long story short, my father has been working at a company for over 30 years. He is a native Chinese speaker, and speaks/reads English but does not write it well. His position at work for many years has been as a foreman, in charge of a cleaning crew. A few months ago, his company told him they are hiring someone else for his position that writes in English because the position calls for filling out paperwork, and because he's been there so long, they started letting him try out other positions but nothing ever solidified.
Fast forward to last week, and they forced him to take a week off unpaid because someone said he had thrown some garbage out in their dumpster (all the other coworkers also do the same), and he has a meeting with the boss and union rep tomorrow where he expects to be fired. I had told him it was bad that he did that in the first place, but certainly don't think it's reason enough to fire someone.
We are all sad and disappointed because it seems like they were looking for a reason to let him go, and not sure what to do as he is the sole provider for the family (I am out of state and no longer live with them).
His 401k has about $110k in it, and he is 4 years short of the retirement age. At this point, and having been at one company so long without gaining experience in anything else, what options might he have to go the least amount of time without generating income? He is planning on taking out at least $20-30k from his retirement fund to cover expenses until he can find something suitable, but is that really a good idea? Are there any legal issues we could take up with his employer? Aside from unemployment (which we are hoping he qualifies for), I'm not sure how else he can get a similar paying job, with the same benefits and everything.
Sorry for rambling, we are just very nervous and not sure if I missed any important info, so let me know what else you'd like to know! Any help would be greatly appreciated
Submitted May 06, 2018 at 01:07PM by restlessthrowaway16 https://ift.tt/2HWCwGJ