I thought that was the point that his boss wanted to fire him but couldn't, and then his coworkers then treated him like dirt to get him to quit. They baracaded his office door, installed asbestos, and sandblasted.
Was that not also the "Kramerica" and the "Helloooooooo" episode?
You are right (btw, Kramerica and Hellooo is one of my favorite episodes). The episode I was referring to was early in George's career at Play Now. Here is a link to the script.
http://www.seinfeldscripts.com/TheButterShave.htm
Eat hickory!