Company policies can quickly change after a buyout.

This man explains that his company went through multiple acquisitions.

For years, the employees enjoyed the flexibility of rolling over their paid time off, but the new management demanded that they use their PTO before the year ends, or they will lose it.

Read the full story below for all the details.

Company canceled all PTO rollover – in November

My former employer got bought out.

And then, that company got bought out.

And then again, that company got bought out.

And then… you get the picture.

This man explains what PTO is and how it works.

Because some don’t know what PTO is, it stands for paid time off.

Generally, it covers sick leave and vacation time into one pool for you to use.

So, instead of 10 sick days and 20 vacation days, you get 30 days PTO.

The upside is that if you’re not sick often, you get 10 extra vacation days.

Before, it was allowed that unused PTOs could be carried over to the next year.

Up until this point, we’d always been allowed to rollover our PTO in some manner.

That was nice if you wanted to take time off in January before you’d earned any PTO for the year.

One year, though, our new evil overlords decreed that PTO would no longer roll over.

It was use it or lose it.

Now, they had to use all PTOs in less than 2 months.

They decided to notify us of this at the beginning of November, which meant that we have a month or more of PTO to be used in the remaining 2 months.

During which we’re supposed to coordinate our vacation so they could ensure minimum staffing levels.

So, the company got understaffed and was basically empty before the year ended.

The building was empty for most of December and understaffed for November.

Managers didn’t even try to deny vacations.

I was very happy when they finally figured out how to shut our office down and lay us off.

The employees had no choice but to take vacation time at the same time.

Let’s check out the comments of other people on Reddi.

This person has a short but on-point comment.

This user shares their personal thoughts.

Here’s a valid point from this person.

That sucks, says this person.

Finally, here’s a similar experience.

When companies play stupid games with employees’ PTOs, expect to win stupid prizes!

If you liked that post, check out this one about an employee that got revenge on HR when they refused to reimburse his travel.