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G Cthulhu
Joined: 07 Feb 2003 Posts: 1373 Location: Way, way off course.
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Posted: Sat Sep 25, 2010 8:31 pm Post subject: |
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| Samurai wrote: |
| Interac employees now have a lot of questions to ask their company on Monday morning!! Such as "Do I still have a job?" and "Will I get paid for September?" After all the new buyout company is not responsible for that payment...and as of October 1st Interac are no longer the ALT's employer. |
Ah, no. Depending on how the purchase was arranged and the internal/legal structures of Interac, the new company will usually have bought the debt (ie. wages owed) as well.
It all depends on how they are wound up and what the new owners have actually bought. |
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Glenski

Joined: 15 Jan 2003 Posts: 12844 Location: Hokkaido, JAPAN
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Posted: Sat Sep 25, 2010 11:27 pm Post subject: |
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| Samurai wrote: |
| (for those who thought that a BOE would never take on an Interac ALT as a direct hire...well that theory just got squashed...they can and they have). |
A few, ok, but the thought expressed here was that most if not all would (not) be hired on as direct hires. Big difference.
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| As I say...Interac's image in this part of Japan is shot! |
Pretty much all over Japan, but that still didn't stop BOEs from ignoring or not knowing the facts, or didn't stop teachers from working there. |
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seklarwia
Joined: 20 Jan 2009 Posts: 1546 Location: Monkey onsen, Nagano
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Posted: Sun Sep 26, 2010 12:51 am Post subject: |
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Sorry. Been busy with school festival. And I was drinking to the small hours of this morning whilst all the teachers reinacted an Arashi show game where the guys had to demonstrate their playboy prowess. I'm still intoxcicated now, so Glenski, I'd appreciate you not policing my inability to type or possibly not write in coherent sentences Just as well that I have until Tuesday to recover... wonder whether the music teacher made it to school at 5.15 this morning?
Samurai:
Apologies to you, but I do have a life off the forum. And you need to learn to read. I think you might find that I talk about how I haven't had such a bad experience with them, but I'm more than happy to point out that things can be less than peachy especially if you end up in some of the infamous branches (I'm assuming youve not read my Hiroshima rants). I've also often pointed out that dispatch is still dispatch and how I would choosen JET if circumstances allowed.
Okay, I'm also finding it a little painful to read all everything written, so I'm only skimming stuff by the OP. Sorry if I miss anything important by anyone else.
As I've already reported ealier this week, we have been told about changes occuring on Oct 1st. We have been told it's a reorganisation and rebranding event. Interestingly the newsletter did mention an AP18 as being one of the numerous Maxceed companies that until now had been working completely independently but will be brought in closer under the new brand. And as I've also mentioned, the activities of Interac this year have hardly suggested the financial crisis supposedly hinted at in the article (or was that an exaggeration due to the artistic temperament of the OP? I unfortunately can't understand the article.)
So my question is where did the article extract actually come from initially? The snippet of paper doesn't reveal any evidence of the source to my eye. And why did the supplier of the article only go to the GU instead of running to the press?
So is this an Interac cover up, a huge misunderstanding or an elaborate hoax by someone who was treated badly by them in the past?
Any sane person, would want to know how legitmate an article such as this was (and what exactly it said, if like me you don't have fantastic Japanese and a good understanding of legalese) before running to their branch staff and saying, "Some random on the internet told me that this slip of paper that could have been typed by anyone says you are going bancrupt but admits that the article doesn't actually say that and that I should demand the truth!"
If this is just someone making a mountain out of a molehill after misinterpreting the reorganisation and rebranding that we have been told about, then Mr/Ms Crazy is going to look really stupid, like a complete trouble maker and likely find themself not being rehired next spring or walking into Hello Work even sooner if they have a less than perfect relationship with their school(s).
If it is a huge cover up and Interac was about to disappear leaving thousands umemployed, we may not know for a bit. If Interac really wanted to keep what was happening under wraps from the employees and BOEs until it went through, they would still give us our August pay on Thursday so not to have people beating down their door the day before D Day.
I'm going to regurgitate now. But be sure I will let you know if I find myself unpaid on Thursday and/or unemployed in the not so distant future. |
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Samurai
Joined: 12 Apr 2004 Posts: 57 Location: Japan
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Posted: Sun Sep 26, 2010 1:21 am Post subject: |
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Deleted.
Last edited by Samurai on Thu Sep 30, 2010 12:11 pm; edited 2 times in total |
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Samurai
Joined: 12 Apr 2004 Posts: 57 Location: Japan
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Posted: Sun Sep 26, 2010 2:06 am Post subject: |
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Deleted.
Last edited by Samurai on Thu Sep 30, 2010 12:11 pm; edited 1 time in total |
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Samurai
Joined: 12 Apr 2004 Posts: 57 Location: Japan
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Posted: Sun Sep 26, 2010 3:06 am Post subject: |
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Deleted.
Last edited by Samurai on Thu Sep 30, 2010 12:12 pm; edited 1 time in total |
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seklarwia
Joined: 20 Jan 2009 Posts: 1546 Location: Monkey onsen, Nagano
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Posted: Sun Sep 26, 2010 3:38 am Post subject: |
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| Samurai wrote: |
| Hmm...Advantage Partners is a Maxceed company. I wondered why the kouhou only mentioned Selnate and Interac. |
According to what we have been lead to believe; Selnate, Interac, AP and possibly a few other companies are all part of the same Maxceed family. I wouldn't be surprised if Interglobal was in there, too.
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| The GU are in dispute with Interac so the document is of particular interest to them. |
But if what you said about this article showing Interac to be lying to the BOEs in a huge cover is true, then surely the press would be just as interested if not more so (afterall this wouldn't be simply a case of company lying to its unimportant gaijin workers anymore, but an evil foreign company about to screw over the Japanese BOEs).
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I understand your viewpoint entirely. You want to protect your job and feel that it is best to say nothing and wait and see what happens.
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Actually you don't understand. I'm not going to do anything because I don't think anything that might affect me is going to happen. I personally don't care if my employer changes names, banners, brands or merges with another company as long as it doesn't have a negative impact for me. I'm not even sure you know what it is that you are claiming is going to happen on Oct 1 and what it is we should be demanding the truth about (afterall we were already made aware that change was happening on Friday).
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| I don't think you are going to be made unemployed. |
So the question remains; why the call to arms? |
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Samurai
Joined: 12 Apr 2004 Posts: 57 Location: Japan
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Posted: Sun Sep 26, 2010 4:24 am Post subject: |
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Deleted.
Last edited by Samurai on Thu Sep 30, 2010 12:12 pm; edited 1 time in total |
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Glenski

Joined: 15 Jan 2003 Posts: 12844 Location: Hokkaido, JAPAN
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Posted: Sun Sep 26, 2010 9:02 am Post subject: |
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| Samurai wrote: |
| The mystery is though...why create a new company? |
Speculation will only buy you lost time, chaotic thoughts, more spread rumors, and no answers.
Just wait another 24 hours or so.
Or look at this thread for some news from people who seem to have heard from Interac as early as Sept. 1st.
http://forum.gaijinpot.com/showthread.php?91200-Is-Interac-Bankrupt/page2 |
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Samurai
Joined: 12 Apr 2004 Posts: 57 Location: Japan
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Posted: Sun Sep 26, 2010 12:06 pm Post subject: |
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Deleted.
Last edited by Samurai on Thu Sep 30, 2010 12:13 pm; edited 1 time in total |
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Licorice57585960
Joined: 25 Sep 2010 Posts: 2
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Posted: Sun Sep 26, 2010 7:28 pm Post subject: This is old news-any very inaccurately reported |
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Interac announced weeks ago that they were restructuring but it was simply for branding purposes. In fact, they have been expanding and growing as the predominant private language company in Japan.
Of course, this infuriates people like Mr Samurai, who then dream up stories of bankruptcy, not caring a bit that he caused a lot of unnecessary anguish among thousands of Interac teachers.
The real question is whether or not he will offer any kind of apology for all of his rumour-mongering over the weekend. He has already backtracked in some areas; soon he will have to admit that his entire posting was devoid of the facts.
Enjoy eating the crow. |
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Tysonsettle
Joined: 26 Sep 2010 Posts: 1
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Posted: Sun Sep 26, 2010 10:09 pm Post subject: Interac ALT |
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| Just so everyone knows, Interac sent out a company wide memo to all ALTs on September 1rst regarding this. You can still see it on the Interac website. Interac will be absorbing the other companies and from our perspective things aren't going to change very much. |
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Licorice57585960
Joined: 25 Sep 2010 Posts: 2
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Posted: Mon Sep 27, 2010 4:38 am Post subject: |
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Interac sent a letter to all teachers this morning to refute the false rumours being spread on the Internet about its financial health.
This means you, Mr. Samurai.
Funny how silent you suddenly are when you've been exposed for what you are.
Nothing to say now? |
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gwynnie86
Joined: 27 Apr 2009 Posts: 159
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Posted: Mon Sep 27, 2010 6:14 am Post subject: |
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Interac emailed us today to put these rumours to rest. They say that while they are dissolving "old" Interac and forming a new company (by merging with others), this will have no effect on our jobs. They also reassured us that they are in no financial difficulty.
The thing is, we work for public schools. This is not the same as NOVA or GEOS, who rely on private students. I don't see how the same thing could happen, unless I am being naive, but the BoE wouldn't just be able to drop the contracts in the middle of the year, surely - they would at least keep us on until the end of our contracts in March and then drop us... right?
As for Interac having a bad reputation in Osaka, well, I have heard bad things about that branch of Interac. The thing is that every branch is run by different people, and unfortauntely that particular branch seems to be run very badly (they shove their ALTs in the middle of nowhere and give them no help). What you have to remember is that other branches are great and really do look after their employees (they try to, anyway) - I say this in the realisation that not every company is secretly evil and deceitful. Surely no business tells all its employees if it is in financial difficulty at first, anyway, it would just cause everyone to leave out of fear and put them in even more financial danger. |
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move
Joined: 30 May 2009 Posts: 132
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Posted: Mon Sep 27, 2010 8:45 am Post subject: |
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| Glenski wrote: |
| Samurai wrote: |
| The mystery is though...why create a new company? |
Speculation will only buy you lost time, chaotic thoughts, more spread rumors, and no answers.
Just wait another 24 hours or so.
Or look at this thread for some news from people who seem to have heard from Interac as early as Sept. 1st.
http://forum.gaijinpot.com/showthread.php?91200-Is-Interac-Bankrupt/page2 |
Looks like that thread has been deleted. Good job, Gaijinpot. |
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