Soul crushing.
Worked at a place for 16 years, made many close friends there, helped the company grow from a $2M company into a $2B company. Then one day they decided that it looked like they might not be add profitable in the coming quarter so they needed to cut 20% of the company. I was my family’s sole provider and now wasn’t sure how we were going to survive. I did get a nice severance of 6 months pay, but only 3 months of COBRA coverage. I was very fortunate to find a better paying job a little over 3 months later. Financially it was a good thing for us, but mentally I’m pretty fucked up now. I’ve never had anxiety issues but now I’m on 2 different medications for it. I’m depressed. I hate my new job and coworkers. I have no joy in work. I know if I get laid off again that I won’t get nearly as good of a severance package. I realize that my lifestyle only exists as long as my employer chooses to keep me employed. I feel like I not only have no safety net, but if I fall I take my family with me. It sucks.
I’ve been there. Posted my story, but I didn’t talk about the lifelong anxiety that comes with a lengthy layoff. Continually pursued higher pay at shittier jobs to try to get ahead of things for when the rug gets pulled out from under me again. It’s corrosive. Losing income and insurance when everyone is counting on you to provide makes you feel like your self-worth is completely tied to your job and ability to provide.
It is amazing that. You pour your life and soul into something, taking pride in seeing your work flourish… only for them to slap you in the face like that whilst making it clear that despite the “we’re a family, so please do your best” rhetoric, it does not extend both ways.
And for what? Because their share price wasn’t going up as much as they wanted, despite the company being profitable for decades? I’m sick of shareholders wants hollowing out the hard work that loyal employees generated for them
The system was built by sociopaths.
Same for me, but 13 years. No one mentions the shame and isolation. I felt like a disease that no one wanted to be around.
If I ran into any old colleagues, it was clear they pitied me. The ones that did stay in contact just wanted the “gossip” (there was none), or wanted confirmation that I was somehow to blame so they could be comforted in knowing it won’t happen to them.
I “didn’t do anything to deserve this”, but it’s hard not to take it personally. The ruminating – trying to understand “why me, and not someone else” – hasn’t stopped.
The betrayal and shame is overwhelming.
Your comment has made me understand this better than anything I’ve previously read has. Thanks for sharing your perspective.
Thank you for saying this 💔
One time, we were given six month’s wages plus a month’s wages for each year we had worked there (I had been there 12 years). The company paid for career counseling, resume training, self awareness (similar to Myers Briggs only it was useful), use of an office space and computers and printers to hunt for jobs.
Another time, we were told that our entire IT department wasn’t important enough to keep and our jobs had been outsourced to India. But they still wanted us to stay for four weeks and train our replacements. Bitch, if I’m not important enough to keep, then I’m not important enough to train anyone. I collected my stuff and walked out that day.
Weird angel investor took us all out to a fancy dinner and made a weird extensive speech about the importance of the future; kind of “Godspeed my young protégés I know you’ll do wonderful things.” Kind of sounded like he finally believed in us and wanted to let us know with a nice gesture. Idk. No one could make any sense of it.
The next day his lackey informed us we were all fired. Oooh, that’s what that was about; makes sense, oh well, we have to get real jobs now apparently.
Lol what the hell, your old boss is fucked in the head
He was a weird motherfucker in several different ways
He had money though. That’s the great thing about money; you can just kind of motor around with whatever priorities you want and for the most part no one intervenes or tells you to stop
Which time?
First time happened after I’d been with my first real job for ten years because the business was changing and there wasn’t a role for me. I was out of work for 7 shitty months trying to have my own business starting from the few customers we had left when they let me go. It was right after I bought a house and had a baby. It was fucking awful.
Second time was after COVID. First we all took a 10% pay cut to avoid layoffs. Then two months later when federal assistance expired, they cut 1/3 of the company across the board. I’m a little fucking bitter about that to be honest, but I had a new remote job lined up within a couple of weeks that paid quite a bit better.
Last time was 5 months ago. Just got hired this week. Start next month. It sucked. Wiped out my whole retirement savings, so I get to start over at 51. But we made it through and potentially I won’t have to switch companies again.
My partner was the only one holding her company together as operations manager. She got put on a HUGE project and promised two weeks vacation after, then laid off right before the vacation. Now the company is trying to make her sign a contract that forces her to give up her severance in exchange for four weeks of labor.
On the bright side, the professional relationships she built outside the company are paying off, and she has a dozen or so job leads
I worked many years at places where I really despised the work. Finally found a job which I liked and made few good friends. Pay was good, was being appreciated for being good at my work, I felt happy being at work in office. Covid19 and was asked to resign as part of layoffs. Me and one of my best friends in office used to say that this is the final job for us where we shall retire from. A month after being laid off got a call from him and could sense he was clearly not doing well. He died few days later.
Though it’s been 4 years but the hurt of losing that job and my good friend remains.
“asked to resign as part of layoffs”
The sheer audacity. “Please quit so we don’t have to pay you severance or unemployment.” It boils the blood.
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I was with a SaaS company for 5 years. It was my first job in software. I busted my ass and worked my way up. I ended up managing the support department while leaning how to code in my spare time. I move to Engineering and was a developer for two years.
The company had a great culture and I was genuinely proud to work there.
Then a growth equity firm came in. They said they weren’t going to change the “magic” we had and were just there to give us the tools and expertise to grow. That is when the steady erosion of our company culture began.
The third CE0 since I’ve been there took over a few months ago. Of course he promised there would be no layoffs and he didn’t see a need to change anything. Fast forward to a couple of weeks ago, I was getting panicked messages from coworkers saying they were getting let go and then I saw the 15-minute meeting with my department head on my calendar.
When the dust settled, the first layoffs at our company were over. A third of our engineering department was gone and our work was being outsourced to an outside firm.
Now I’m looking for work and it seems really daunting. My wife is self-employed and lost her biggest client that made up 80% of her income right before I got laid off. I got 4 weeks of severance initially, but I was able to negotiate 8 weeks.
Now I’m reaching out to my network, applying to as many jobs as I can find, building more portfolio projects to pad my GitHub account, and believing things will work out so I don’t have a complete nervous breakdown.
I don’t recommend it. Don’t be laid off.
I get work through my skilled trades union. We’re constantly getting hired onto jobs and laid off when the work is complete. Jobs can last 1 shift, up to a few months, or even years. Getting laid off is a time for celebration after being on the job for a while.
And for completing your segment of the work. A worthy celebration indeed.
I was laid off in late July of 2023. I dodged a massive layoff in November of 2022 so I knew it was a possibility.
It fucking sucked. I miss that company. I miss it all. It made me feel worthless. I kept comparing myself to the others that didn’t get laid off as if there was any sense made in the decision.
My company laid off a percentage of the workforce randomly, i.e. by lottery, or so they said. I’m 95% sure it really was random, because they laid off one of my coworkers, when, if they had any sense about them, they’d have laid off me. Worse still, he needed the job much more than I did.
For me it was fine, maybe about 15 years ago. Small startup company I was at ran out of funding, we got something like 1-2 months severance. We all got along fine so it wasn’t like everyone hated the job or the owners, sometimes startup companies just don’t make it through those first few years.
Summer is probably the best time to be unemployed, spent a lot of time exploring my neighborhood during the weekday afternoons and was practicing making cold brew & other summer drinks LOL.
Was doing freelance work while being on unemployment / looking for a new steady job. Think it was about 4-5 months before I landed a new job (did get 1-2 job offers during that time but was maybe being a bit picky & turned them down).
… Also helps that I keep savings so short term unemployment won’t wreck me. I’ve seen posts about people being out of work for years, that would be a far worse scenario.
I can imagine in a small startup with good interpersonal relationships it hurts less. I was never laid off but I worked in a small company like that and there were risky periods. It might have been an exception among most companies but we all had access to the revenue and expense data. There can be no surprises if everyone knows the financials.
I was working up in Whistler back in my twenties, at the end of the season, they lay everybody off except for a small crew of full-time employees. I went on to EI(employment insurance) for the summer pretended to look for jobs, and went on road trips with friends. Once summer finished, I found another job and I have unfortunately been employed ever since in various Warehouse jobs from order picker to warehouse manager.
Edit: Added words
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It was meant to be “working up in Whistler” but I didn’t check my voice typing.
EI is what you get when you get laid off in BC. I don’t know if they still call it that anymore.
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I started a consulting business with my dad in 2021. We were growing well for the first 18 months. In about 2022 we saw a HUGE decline in the industry. Many of our competitors went out of business. Some shrank by 75% or more. We lost $250k in 2023 and the actual drag was our leadership team. So I, along with 2 other leaders, were laid off at the end of last year. I am proud to say we did not lay off any staff. I got a job at a giant company that pays me a shit ton to do the job of a monkey. I hate it there.
There were signs it was coming, but I didn’t really accept it. When it did happen it was pretty distressing, but I had been planning to leave anyway. It ended up working out because I got to leave with some extra runway. They gave us 60 days notice, during which time we collected paychecks. I didn’t work at all during this time though. Instead I searched for a job. At the end of the 60 days we got about 6 weeks worth of pay, a prorated bonus, and our vacation days. I ended up finding a job that paid 3x as much before my 60 days were up and was able to pocket the severance money rather than live off it.
