CPI Corp. (fka CPICQ)

[snapshot23]

I spoke with a rm about the letter, I was told the letter was a formality, from hr. If the letter was not signed it is considered your resignation.
I have some issues with the letter. First the fact that we have know idea who photos unlimited is. The letter is worded in a way that it almost seems like a leverage buyout from the top guys. When I asked the rm she said that her understanding was it was a group of investors and couldn't say who it was.
I don't like that photos unlimited has access to our personal info through sas yet they won't tell us who they are.
I do know through some internet searching that photos unlimited.ca (the domain name) was purchased through go daddy on February 8 th 2014 the purchaser was listed as private so I could not get any other info. So photos unlimited is new and not an existing company.
I really don't like that we are hired as a new hire and have a 3 month probation period. Meaning if we are fired in that time we get no severance based on tenure. That sucks. Anyone who has been around for a while who is making a good wage should be worried, I imagine that they would be the first to get trimmed.
Before I open and sign my letter I will be seeking some council on it.
Oh yeah the rm also told me the 3 days starts from when you open the letter, so if you haven't opened it yet don't do so until you have time to get council on it.