• Bob Robertson IX@lemmy.world
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    2 months ago

    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.

    • MagicShel@programming.dev
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      2 months ago

      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.

    • tetris11@lemmy.ml
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      2 months ago

      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

    • 200ok@lemmy.world
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      2 months ago

      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.

  • MagicShel@programming.dev
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    2 months ago

    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.

  • frank@lemmy.world
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    2 months ago

    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.

  • davel@lemmy.ml
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    2 months ago

    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.

  • sunbrrnslapper@lemmy.world
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    2 months ago

    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.

  • JackbyDev@programming.dev
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    2 months ago

    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.

  • phoneymouse@lemmy.world
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    2 months ago

    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.

  • SLfgb@feddit.nl
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    2 months ago

    15yo me gets an angry phone call from the dad where I’d scored a weekly long-term babysitting gig after the first or second night: don’t think for a second that you’re coming back! (I’m paraphrasing here).

    I give a one-word reply and he hangs up.

    All I did was leave after getting paid without saying bye while they were checking on the kids. (They were asleep). Because I didn’t want to be coerced to get a ride like last time.

    Took me years to realise they were in the wrong.

  • wuphysics87@lemmy.mlOP
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    2 months ago

    Dude. Those stories all suck and make. To explain mine sounds like complaining about nothing, but I started the thread, so I’ll tell it.

    It’s not exactly being laid off. I am a Visiting Assistant Professor at a liberal arts college. Our duties are primarily teach, and we work on one year contracts. I went into my chair’s office to show her an online homework system I deployed on a 15 year old optiplex, because fuck the publisher. She was really impressed but that was when she gave me the news.

    Now I’ve not had my contract renewed before (fucking assholes gas lit me about it last time), but this is where it becomes a layoff. The college didn’t renew ANY of the VAP contracts.

    The part that sucks about this is I love my department. Typically VAPs teach only intro courses, but they let me teach a junior level computational physics class. They understood I had a lot offer, and they gave me a shot. I love this department and it sucks to go.

    I have one more shot. The provost really wants an interdisciplinary data analytics program. The head of it contacted me to teach a course. I emailed him telling I would but can’t do it. Here’s the kicker. As far as I know, I’m the only one who has done computational work with the humanities. I pitched him on creating a different position, he seemed interested, but this was last week.

    I have my fingers crossed, but am not holding out hope. It’s also worth mentioning. All of this comes from the buisiness and finance division. Academic affairs (the faculty) is pissed about it. The two have been feuding for a long time anf academic affairs almost always loses. I think it is a general lack of leadership from all levels and just generally paying too much to their own research, but that is another post haha

  • I_Has_A_Hat@lemmy.world
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    2 months ago

    There were a bunch of closed door meetings with upper management and the busy season was set to end in a few weeks, so the writing was on the wall.

    I had some of the most consistently highest metrics so I went into our VP of Operations office and straight up asked if I would be let go on X date. He told me no.

    To be fair, he kept his word. About 70% of the staff were let go on that date. I was let go 2 days after that.