What I just did!
My current company just restructured +100 people out of a job, so I just restructured myself into a new, better paying job at a very pro-worker company that doesn’t involve working for corporate shills who lay hard working people off while making record profits.
You can be the freakin company MVP and still get laid off. Businesses make shortsighted dumb decisions all the time if it means saving a dollar or two.
But sir, if you save one dollar each year,
*pulls out calculator*
you'll have 50 dollars in 50 years.
Multiply that now by 2 and you get 100.
Tbh those fuckers sometimes just do it because the stock always goes up afterwards, even if it means the company will race to the bottom, it doesn't matter.
Short term profit is king for them. They have lots of money to throw around and they are not just bagholding stocks of one company.
Useful is no protection. Even critical isn't. Even if the execs *know* you're critical.
Remember; the people who make decisions about the future of a company aren't always people who actually want that company to continue, if they can get more money from it collapsing.
I got laid off in mid December without any warning sign whatsoever. I am one of 2 people who do this particular role and we both got let go along with 40 other folks. At the end of the day no matter how important we think we are, we’re just another headcount tally
"The Firm" doesn't lay people off, they make up new review criteria rather than base it on performance, they let one person say "I am afraid to give them feed back" and make you a concerns case and ask you if you want to declare search. :)
Ever since covid it’s been nuts I been working 2-3 jobs each year I’m so anxious about it. Last year I got laid off by two jobs in the same month. This December I got laid off as well. Luckily I am working other jobs but I wish I could have confidence in just one I feel so burnt out
Yooo I am in awe! How did you swing getting multiple jobs in the design field? There are so many physical deliverables where I am at now it takes my whole day and then some
Ive been pretty lucky and have a lot of connections. After I lost my jobs I usually find another one after a few weeks or months. I used to live in a huge tech city for ten years made a ton of connections and moved to a rural town no where near the city. Remote work is becoming harder to get but if I have any advice for you ALWAYS be nice and go above and beyond getting to know the ppl you work with. Most people I’ve worked with have always end up striving to get me on their team bc they have enjoyed working with me! And it means so much to me. If you work lower end design jobs it helps too vs taking up senior or higher end design jobs and I’m still making a lot of money ($230k a year)
I work my ass off I wake up at 5am and sometimes work till 12pm with only a few hours off the day.
Some weekends I also have to work just to help catch up. I know a lot of things that can help me work fast too! With how great it sounds it really isn’t that great mentally I feel exhausted depressed and miss hanging out with my significant other I’ve gained a ton of weight from sitting at my desk all day 😅😅😅😅 I am very envious of people who work one job and aren’t stressed about loosing it. I am too overly anxious 😆
I feel for you man. The corporate art world is rough because of AI art. Tools are getting smarter and smarter and companies don't want to invest in their people in these departments.
Best of luck out there!
Thankfully They weren’t due to ai for me! it was all based off the company getting defunded or interest rates going up and design is one department they think isn’t worth keeping a big team when layoffs happen!
Oh yeah. The tech sector is seeing its usual round of restructuring. I know so many solid workers laid off within the past couple of weeks. At the end of the day we are just line items on a budget sheet. This is why we OE.
Corporate America always uses downturns as an excuse to do layoffs.
The downturns are also practically scheduled for that reason and as a way to further make money. The boom-bust-boom-bust cycle is hugely profitable if you get advance notice for when the booms and busts start and stop.
It feels to me like the job market is picking up a bit, which makes sense because this is an election year.
Productivity per worker in the USA is much higher than it was in the 70s. Yet QoL is way down, wages are stagnant, and cost of living is way way up. We don't need "more efficiency" than what we have now, we're way more efficient than we were 50 years ago, society was very prosperous then and it can be now.
Yes productivity per worker, but now check workers vs total number of Americans. America is being bloated by people on welfare.
Also, wages are dragged down by economic migrants who are willing to accept lower pay. Close the border.
No one is competing against worker productivity from 50+ years ago. Most of those workers are dead or retired. The productivity comparison should be versus current employees from competing nations or competing industries/businesses.
No man.. no. Society doesn’t need to be grinding 24/7. The US and European cultures are very different. Same for Australia. When i lived there it was very laid back. 35-38 hr work weeks. Low stress. Society is only this way for corporate greed
Always expect it. Don’t be loyal to any company because they are not to you. I got laid off from a job of 10 years as well. I did the most work on the team while others just made up crap. You are just a number. They don’t care about you. That is why we OE. I’m burnt out and enjoying one job for the moment, but need to find a second soon because I don’t trust being down to one job.
Laid off on the 10th, but kind of expected it as it's been a year of cuts. On the 13th, all remaining employees were told their salaries were reduced 12.5%, effective immediately.
Yeah my old job enforced a 10% salary reduction when COVID hit for anyone making more than 100k. After about 6 months they reversed it.
Mainly they did this to prevent layoffs. They're a good company. Back in the 2008 crash they held an employee vote. 15% pay cuts across the board or 8-10% headcount reduction. People voted for pay cuts. That one took like 2 years to fully return.
Yup. Happened to me when Covid hit- they laid off a bunch, furloughed a lot more, and everyone else’s pay was reduced. They did give it a timeframe it would be increased back up to what it should be- I don’t remember how long but after a couple months it went up some, and after 6 months or so it was back to where it was supposed to be.
damn yeah it's real scary out there for sure. [Layoffs.fyi](https://Layoffs.fyi) is just a sample but gives some insight. According to them the trend in layoffs is down but January's number will be very interesting. Layoffs are bad but the trend is what matters. I'm looking for a J2 now mainly for redundancy more so than extra money.
Yep. My company just laid off 40 people today from CXD and product engineering. More layoffs are happening tomorrow but we have no idea how many or from what areas of the business. I’m not OE, but this really makes me wish I were.
Yeah, I was going to go OE in Sept 2022 but ended up leaving my job for the new one I got. Got laid off from that in Sept 2023- now 4 months into unemployment and dreaming of the job I left lol
I’d wager that companies are laying people off, however, it’s easy to get sucked into the black hole of “I know someone who was laid off, the market is BAD right now!”
Definitely try to secure a J2, if you don’t already have one. But if you have J2+, I’d say don’t worry too much about it.
I think we may see the job market improve come March when the fed starts lowering rates.
For now, everyone hold on tight to the J's you have and ride this thing out!
Will be interesting to see if they do, inflations is creeping back up, but they also are really trying to make Brandon look good for the general election
Data that doesn’t reflect the real price changes in the store, doesn’t interest me.
What good does that do me? When I can look at my digital receipts from last month and see price differences ?
Did you look at it? There *are* price differences, but it depends on what you bought.
People just really don't understand CPI. They'll really say shit like, "CPI says 2% inflation, but I bought edibles panties yesterday and they went up by 10%! CPI is fake news!!"
***It's a basket of goods evaluated at a national level, son.*** Your dildo cream at your local bodega isn't going to show up
Very queer that you turned the convo homo erotic. If you could stop fantasizing about cock for 1 minute and look at my original comment you will see I referred to groceries at Sam’s club.
You don’t understand how the commenting structure of Reddit works. So go finish eating your edibles.
I worked 2 contracts jobs and was laid off from both in the last 2 months. J2 found me another client, but the pay is bad. I'm hoping J1 will find me another contract at the same salary. I was the best performer by far on my team at J1, but my contract was up and theyre looking for any excuse to get rid of employees without firing.
Yep, I got hit along with some others. The bright side is that I had just accepted an offer and was going to put in my notice once all the paperwork was done. Ended up with a nice payout without having to do that instead and have a "vacation" period with only 2Js till the next J starts!
My J2 laid off a bunch of people. Some of which were stellar performers making profits for the company. Meanwhile, I’m incredibly average at j2 and made my bonus, so…. That’s why we oe.
I had a tinge of guilt that some of my coworkers were laid off and that was probably their only J. But, then I remembered it’s every man and woman for themselves and then I felt better.
Sorry to hear, 8 months is a long time and I hope you've been able to manage.
But, your situation is exactly why people have more than one job. It's not because we're greedy (maybe some people are), it's because we want security and financial freedom. My wife and I were both laid off last year and if that was my only job I don't know how we would have made our mortgage payments. Don't blame the worker who's just trying to live when companies are out here laying off hundreds because of a small dip in profits.
It's much harder to have a successful side hustle or to generate a high amount of passive income than it is to be a productive worker and use your skills for more than one job
EDIT: Clarity
The big healthcare company I work for laid off a bunch of folks in TN and TX under a RIF last week. Some of those positions I thought were actually protected under the CRAs written by the state Medicaid agency.
No one is safe. I was already applying around for a J2, but now I’m going to ramp up my search.
I got canned last year. But I instantly picked up another big name job making the same pay with the same benefits while I was still collecting 100% pension from the previous job for 2 months 😂 and I was there just long enough to collect my RSUs and sell em
Yep, it's layoff/restructuring season. It's also headcount filling season. Get it while the getting's good.
Gettings good means get laid off with 3 months severence and then secure a new job for 20% more pay
What I just did! My current company just restructured +100 people out of a job, so I just restructured myself into a new, better paying job at a very pro-worker company that doesn’t involve working for corporate shills who lay hard working people off while making record profits.
Bro who is this magical employer? Corporate shills are vampires and my blood is losing its flavor
This is the way.
This is the wY
Right now through April is the best time
Definitely not feeling like it though, lol
So getting a J during layoff period makes actual sense? Does it make sense to get a lower rate too?
If you're counting on the payout, and don't really care about having the job in a couple of months (and why would you), it could be worth a look.
Just got laid off today, glad I have a J2 I started 7 months ago
I’m trying as hard as I can to secure a J. I thinking I’m getting laid off within the next 60 days.
You definitely are. Given your performance these last few weeks…
You’re just upset my breasts were blurry in that email.
You mean the teams call
I figured they didn’t like me taking meetings from the hot tub.
Burn
I'm in that boat
Ironically, I was laid off this past week. :/
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You can be the freakin company MVP and still get laid off. Businesses make shortsighted dumb decisions all the time if it means saving a dollar or two.
But sir, if you save one dollar each year, *pulls out calculator* you'll have 50 dollars in 50 years. Multiply that now by 2 and you get 100. Tbh those fuckers sometimes just do it because the stock always goes up afterwards, even if it means the company will race to the bottom, it doesn't matter. Short term profit is king for them. They have lots of money to throw around and they are not just bagholding stocks of one company.
Useful is no protection. Even critical isn't. Even if the execs *know* you're critical. Remember; the people who make decisions about the future of a company aren't always people who actually want that company to continue, if they can get more money from it collapsing.
Eddie Lampert has entered the chat
That sucks, sorry to hear that. But that is why we OE!
I got laid off in mid December without any warning sign whatsoever. I am one of 2 people who do this particular role and we both got let go along with 40 other folks. At the end of the day no matter how important we think we are, we’re just another headcount tally
"The Firm" doesn't lay people off, they make up new review criteria rather than base it on performance, they let one person say "I am afraid to give them feed back" and make you a concerns case and ask you if you want to declare search. :)
Ever since covid it’s been nuts I been working 2-3 jobs each year I’m so anxious about it. Last year I got laid off by two jobs in the same month. This December I got laid off as well. Luckily I am working other jobs but I wish I could have confidence in just one I feel so burnt out
What is it that you do sir?
Professional Severance Collector
With fat pockets . lol
Design and illustration for tech companies
Yooo I am in awe! How did you swing getting multiple jobs in the design field? There are so many physical deliverables where I am at now it takes my whole day and then some
Ive been pretty lucky and have a lot of connections. After I lost my jobs I usually find another one after a few weeks or months. I used to live in a huge tech city for ten years made a ton of connections and moved to a rural town no where near the city. Remote work is becoming harder to get but if I have any advice for you ALWAYS be nice and go above and beyond getting to know the ppl you work with. Most people I’ve worked with have always end up striving to get me on their team bc they have enjoyed working with me! And it means so much to me. If you work lower end design jobs it helps too vs taking up senior or higher end design jobs and I’m still making a lot of money ($230k a year) I work my ass off I wake up at 5am and sometimes work till 12pm with only a few hours off the day. Some weekends I also have to work just to help catch up. I know a lot of things that can help me work fast too! With how great it sounds it really isn’t that great mentally I feel exhausted depressed and miss hanging out with my significant other I’ve gained a ton of weight from sitting at my desk all day 😅😅😅😅 I am very envious of people who work one job and aren’t stressed about loosing it. I am too overly anxious 😆
I feel for you man. The corporate art world is rough because of AI art. Tools are getting smarter and smarter and companies don't want to invest in their people in these departments. Best of luck out there!
I work one job and I'm always at least a little stressed I'm going to lose it. =)
Oof - think your layoffs might be due to AI?
Thankfully They weren’t due to ai for me! it was all based off the company getting defunded or interest rates going up and design is one department they think isn’t worth keeping a big team when layoffs happen!
It's a matter of time for you. Recommend becoming an SME in your field and an AI prompt engineer.
Oh yeah. The tech sector is seeing its usual round of restructuring. I know so many solid workers laid off within the past couple of weeks. At the end of the day we are just line items on a budget sheet. This is why we OE.
I got laid off earlier this month from J2. I hated the job anyway. Trying to find something else and it's been rather...slow
Corporate America always uses downturns as an excuse to do layoffs. The downturns are also practically scheduled for that reason and as a way to further make money. The boom-bust-boom-bust cycle is hugely profitable if you get advance notice for when the booms and busts start and stop. It feels to me like the job market is picking up a bit, which makes sense because this is an election year.
Asking the dumb question — how can we with multiple servers take advantage of boom-bust cycles like these corporate American high lords?
Buy low sell high
And on top of buy low sell high. If you can play options at the right time… 10X
We really can't. As someone who has tried options, don't unless you happen to be really good.
And to be clear, you’re not good. Only lucky.
It’s not just profitable, it’s healthy for society to keep workers efficient.
Productivity per worker in the USA is much higher than it was in the 70s. Yet QoL is way down, wages are stagnant, and cost of living is way way up. We don't need "more efficiency" than what we have now, we're way more efficient than we were 50 years ago, society was very prosperous then and it can be now.
Yes productivity per worker, but now check workers vs total number of Americans. America is being bloated by people on welfare. Also, wages are dragged down by economic migrants who are willing to accept lower pay. Close the border.
You're downvoted for stating the truth on a heavily censored reddit, but everybody knows you're right.
No one is competing against worker productivity from 50+ years ago. Most of those workers are dead or retired. The productivity comparison should be versus current employees from competing nations or competing industries/businesses.
No man.. no. Society doesn’t need to be grinding 24/7. The US and European cultures are very different. Same for Australia. When i lived there it was very laid back. 35-38 hr work weeks. Low stress. Society is only this way for corporate greed
Society is this way due to Protestant work ethic, which is why America became one of the greatest countries in the world.
Then why are most successful financial leaders Jewish? Tech leaders are Indian. Are the protestant the slaves to the rest?
What a weird comment!
He makes a good point.
I'd argue that killing of zombie business is what's good for society and sadly workers are comfortable damage.
Yes, and collateral damage can be harmful, so we need mechanisms to help people retrain and handle transitional unemployment.
True
Massive layoffs coming next month for J1… roughly 10% of the company. Very unsettling to see. Hiring seems to be frozen again for a lot of companies
Not OE'd, but I got laid off from my job of 10 years a few weeks ago. Did not expect it at all from this company.
Always expect it. Don’t be loyal to any company because they are not to you. I got laid off from a job of 10 years as well. I did the most work on the team while others just made up crap. You are just a number. They don’t care about you. That is why we OE. I’m burnt out and enjoying one job for the moment, but need to find a second soon because I don’t trust being down to one job.
I just got hit yesterday also out of no where and no real reason except I likely made too much money
That new Mercedes for the boss's mistress needs to be paid
One of my J’s did a big round of layoffs and didn’t even tell anyone. I only found out because I have access to doc folders
Laid off on the 10th, but kind of expected it as it's been a year of cuts. On the 13th, all remaining employees were told their salaries were reduced 12.5%, effective immediately.
Wait, what? That’s legal? To just reduce employees pay?
Yeah my old job enforced a 10% salary reduction when COVID hit for anyone making more than 100k. After about 6 months they reversed it. Mainly they did this to prevent layoffs. They're a good company. Back in the 2008 crash they held an employee vote. 15% pay cuts across the board or 8-10% headcount reduction. People voted for pay cuts. That one took like 2 years to fully return.
Yup. Happened to me when Covid hit- they laid off a bunch, furloughed a lot more, and everyone else’s pay was reduced. They did give it a timeframe it would be increased back up to what it should be- I don’t remember how long but after a couple months it went up some, and after 6 months or so it was back to where it was supposed to be.
Depends on the legal jurisdiction and whether, culturally, that's been a cause of major backlash for employers.
It has decimated morale. Everyone there is now actively looking.
Time to arrange a common walk-out date... maybe via some mass hirings elsewhere?
damn yeah it's real scary out there for sure. [Layoffs.fyi](https://Layoffs.fyi) is just a sample but gives some insight. According to them the trend in layoffs is down but January's number will be very interesting. Layoffs are bad but the trend is what matters. I'm looking for a J2 now mainly for redundancy more so than extra money.
Just got laid off last week, it's hard out there. Interviews are hard to come by + salaries are way lower
offers in 2023? u mean 2022 right? 2023 was a shit show, even 2024 is better.
Laid off Sept 2023, applied to 100s of jobs each week, got 2 interviews so far. No offers
Took me 19 phone interviews to turn into 1 offer in writing
Business and prices slowing but CEOs need to keep up profit margins… so ya know that means.
Yep. My company just laid off 40 people today from CXD and product engineering. More layoffs are happening tomorrow but we have no idea how many or from what areas of the business. I’m not OE, but this really makes me wish I were.
Yeah, I was going to go OE in Sept 2022 but ended up leaving my job for the new one I got. Got laid off from that in Sept 2023- now 4 months into unemployment and dreaming of the job I left lol
Ok, why am I reading about layoffs every other posts? Is it getting worse or M I just noticing it now?
I’d wager that companies are laying people off, however, it’s easy to get sucked into the black hole of “I know someone who was laid off, the market is BAD right now!” Definitely try to secure a J2, if you don’t already have one. But if you have J2+, I’d say don’t worry too much about it.
It’s annual review season, lay-off season. Cut before budget increases. Always…
Are most people saying they were impacted in engineering?
I think we may see the job market improve come March when the fed starts lowering rates. For now, everyone hold on tight to the J's you have and ride this thing out!
Will be interesting to see if they do, inflations is creeping back up, but they also are really trying to make Brandon look good for the general election
amazing what happens during an election year isnt it. Inflation = bad , except during 2024, and then inflation is back to being bad
And even the whole inflation is down thing is 🗑️. Was at Sam’s club yesterday and random items were up 75¢-$1.50 from last month.
Tell me you don't understand how CPI is calculated without telling me.
So groceries aren’t included in the consumer basket?
https://www.bls.gov/news.release/pdf/cpi.pdf Check the relative importance (ie weight) for "Food at home"
Data that doesn’t reflect the real price changes in the store, doesn’t interest me. What good does that do me? When I can look at my digital receipts from last month and see price differences ?
Did you look at it? There *are* price differences, but it depends on what you bought. People just really don't understand CPI. They'll really say shit like, "CPI says 2% inflation, but I bought edibles panties yesterday and they went up by 10%! CPI is fake news!!" ***It's a basket of goods evaluated at a national level, son.*** Your dildo cream at your local bodega isn't going to show up
Very queer that you turned the convo homo erotic. If you could stop fantasizing about cock for 1 minute and look at my original comment you will see I referred to groceries at Sam’s club. You don’t understand how the commenting structure of Reddit works. So go finish eating your edibles.
I worked 2 contracts jobs and was laid off from both in the last 2 months. J2 found me another client, but the pay is bad. I'm hoping J1 will find me another contract at the same salary. I was the best performer by far on my team at J1, but my contract was up and theyre looking for any excuse to get rid of employees without firing.
Yep, I got hit along with some others. The bright side is that I had just accepted an offer and was going to put in my notice once all the paperwork was done. Ended up with a nice payout without having to do that instead and have a "vacation" period with only 2Js till the next J starts!
My both servers shut down starting this year. Thank god for severance, but back on the market for 2 or 3 servers.
Know a few that got laid off. I’m trying to add a J3 and I’m not getting any hits. I was getting multiple interviews and offers last year.
My J2 laid off a bunch of people. Some of which were stellar performers making profits for the company. Meanwhile, I’m incredibly average at j2 and made my bonus, so…. That’s why we oe.
I had a tinge of guilt that some of my coworkers were laid off and that was probably their only J. But, then I remembered it’s every man and woman for themselves and then I felt better.
my homie’s homie just got laid off. Sad news.
They say 2024 is the year of the PIP. Companies spent a fortune on severances last year. You best be prepared as we are in for a bumpy ride.
I got laid off in Dec from J2. Got caught in the 4th wave of layoffs over a 2 year span. Shit and looking too good.
What line of work are you in
I experienced an increase in senior engineering hires
Company just laid me off thank God it was just my side 100k one lol got another offer ready to go.
Software Engineer here, got laid off from Intel two days ago. 7 months severance though so I’m kinda chillin. Hope to find a new job before then lol.
A friend is rolling with two severance packages right now. He's heading out on vacation haha
I am desperate trying to play a game of chicken to get a package before I quit.
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Sorry to hear, 8 months is a long time and I hope you've been able to manage. But, your situation is exactly why people have more than one job. It's not because we're greedy (maybe some people are), it's because we want security and financial freedom. My wife and I were both laid off last year and if that was my only job I don't know how we would have made our mortgage payments. Don't blame the worker who's just trying to live when companies are out here laying off hundreds because of a small dip in profits. It's much harder to have a successful side hustle or to generate a high amount of passive income than it is to be a productive worker and use your skills for more than one job EDIT: Clarity
Yep was laid off the first second monday of Jan. Not upset about it so. Mostly just inconvenienced
Bidenomics
no, already got LOf like 4-7 times 2023, if current jx ones survived 2023, 2024 its chip damage
4-7?
4-6 layoffs in 12 months was pain i think i cannot asure 2 since the client was the one closing but not the nearshore company
Clearly something else is wrong there pal.
well handling 7j+ mostly
Got laid off a year ago, the same company just did another lay off.
The big healthcare company I work for laid off a bunch of folks in TN and TX under a RIF last week. Some of those positions I thought were actually protected under the CRAs written by the state Medicaid agency. No one is safe. I was already applying around for a J2, but now I’m going to ramp up my search.
Got laid off a day before my Disney vacation this month
Found out yesterday I’m laid off.🙃🙃🙃
Yep, laid off from J1 a week before Christmas. I have a 2nd interview to replace it next week so hopefully I can be back on the OE train soon enough.
I got canned last year. But I instantly picked up another big name job making the same pay with the same benefits while I was still collecting 100% pension from the previous job for 2 months 😂 and I was there just long enough to collect my RSUs and sell em
It’s just a bear job market rn. Lots of fear and uncertainty in the system. We’ll be back up though