Laid off

  • Posted by a hidden member.
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    Nov 19, 2008 7:20 PM GMT
    Today I had the great fortune of being laid off from the company I have work for the past 5 years. My entire department was eliminated.

    Anyone else been laid off due to the economy?

    The package was health beneifts until end of the month and 9 weeks of servance and part of the yearly bonus.
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    Nov 19, 2008 7:26 PM GMT
    I live in the belt buckle of the rust belt so our economy is never effected by external conditions because it can't get much worse.

    But I am really sorry to hear you lost your job. I hope you have a good groups of friends and family to help you through this difficult time. We here at RealJock aren't very good at giving actual hugs. icon_biggrin.gif
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    Nov 19, 2008 7:30 PM GMT
    Thanks,

    Luckly my partner and I are very frugal and he is still employed or at least employeed to January when his company will do the 2nd round of layoffs.

    I have heard from a couple of RJ people who have been laid off and thought it might be good to see who all is in the same boat.

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    Nov 19, 2008 7:56 PM GMT
    sfinboston saidToday I had the great fortune of being laid off from the company I have work for the past 5 years. My entire department was eliminated.

    Anyone else been laid off due to the economy?

    The package was health beneifts until end of the month and 9 weeks of servance and part of the yearly bonus.


    Hugs.

    Well...pizza delivery is always hiring. icon_smile.gif
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    Nov 19, 2008 8:30 PM GMT
    I am really sorry to hear that. Unfortunately the unemployment rates around the world will likely spike over the next 18 months. Until the housing market in the US starts turning around, consumers get out of debt, and banks start lending again, things will not get much better. I am guessing 2010 at the earliest.
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    Nov 19, 2008 9:33 PM GMT
    i'm very sorry to hear it - i'm feeling that my newspaper is going to be cutting back... my paycheck from nov 7 hasn't come in, and next is due nov 21. i can't get them to return my calls. i'm going to finish the work i owe from last week and this week then see what happens. i've already told them that i won't write next week without a conversation/explanation from them...

    it's gonna get tight y'all... icon_sad.gif
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    Nov 19, 2008 9:39 PM GMT
    Sorry, dude! ....What kind of work did you do?

    Hearing this stuff scares me cuz I never know when it might be me. ... icon_eek.gif ... and it gets harder to find a job as you get older.
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    Nov 19, 2008 9:41 PM GMT
    What's going to happen if the American car companies go bust? That's something like 1 million workers unemployed.
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    Nov 19, 2008 9:41 PM GMT
    try 3 million icon_cry.gif
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    Nov 19, 2008 9:43 PM GMT
    redheadguy saidWhat's going to happen if the American car companies go bust? That's something like 1 million workers unemployed.

    I have heard that the ripple effect of that is up to 10 million jobs. I would hate for the economy to take that kind of hit. But I think that american car companies have been stupid. I hope they can wake up, save themselves, and produce better cars because of this.
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    Nov 19, 2008 9:44 PM GMT
    Caslon7000 saidSorry, dude! ....What kind of work did you do?

    Hearing this stuff scares me cuz I never know when it might be me. ... icon_eek.gif ... and it gets harder to find a job as you get older.


    For the past several years I have been a Project Manager.

    I will use this time off to work on preparing for the PMI exam early next year.

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    Nov 19, 2008 9:53 PM GMT
    More than compelling reason to consider working for yourself.

    While the economy affects us all, there is no security in working for someone else as in this day and age there is a serious lack of appreciation by corporations for worker loyalty and hard work.

    I've been down that road once so my condolences to you.
  • zakariahzol

    Posts: 2241

    Nov 19, 2008 9:55 PM GMT
    If it happen to me (and that a big IF), I probably do something I always wanted to do. Leave the corporate world and rat race. Go back to my village to became a farmer. I inheritance a piece of land when my father past away. I not sure how good I am in it, but probably I will plant vegetable and raise chicken and lifestock. Be my own boss with no datelines , report writing, nagging customer and stressfull living. I probably trying it for a couple of years and if things dont work out I can get back to a work with somebody else again.
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    Nov 19, 2008 10:09 PM GMT
    I started a thread yesterday because I was fired. I know how you feel. I hope you find something even better soon!

    HUGS!!!!!

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    Nov 19, 2008 10:16 PM GMT
    thought of going into business for myself, just not sure what though. Instead of being depressed, I am looking at what doors this may open for me.
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    Nov 19, 2008 11:48 PM GMT
    There have been several threads like this lately (no surprise) so I feel like I may be repeating myself. But in any case, don't despair.

    I got laid off in July. That was the first time I'd ever been unemployed. But really, it turned out to be the best thing that ever happened to me.

    Not only did I get a couple of months off (much needed) but I also eventually got three job offers. One of them was exactly the job I wanted and pays more than I've ever made.

    But it's easy to have to have such an optimistic viewpoint in hindsight. At the time I was looking for work, it was very unsettling. I thought of all these worst case scenarios... what if I didn't find work for months. What if I had to take a huge pay cut. What if the only jobs I'm offered really suck big time.

    But try not to panic. You'll find something soon enough. And even if you have to take a job that's less than ideal, you can always keep looking for something better.

    It sucks but it's not devastating.
  • auryn

    Posts: 2061

    Nov 20, 2008 12:31 AM GMT
    I feel your pain. I work for the bank formerly known as WaMu. 4200 jobs will be lost soon.
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    Nov 20, 2008 12:35 AM GMT
    wow guys, you have my sympathies. If you have a severance package, don't forget that after it ends you can usually collect unemployment also. The same happened to me a few years ago and I was able to live almost a year off the two while I was selling my house, moving and looking for a job.
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    Nov 20, 2008 12:46 AM GMT
    Caslon7000 said
    redheadguy saidWhat's going to happen if the American car companies go bust? That's something like 1 million workers unemployed.

    I have heard that the ripple effect of that is up to 10 million jobs. I would hate for the economy to take that kind of hit. But I think that american car companies have been stupid. I hope they can wake up, save themselves, and produce better cars because of this.

    I'm not sure where you got 10. I've only heard 2, which includes suppliers to the Big 3, and only if all 3 were to cease all production, which can't happen.

    What people don't consider is that,

    Because of the ineptitude of the Big 3,

    Americans have slowly been buying more and more foreign-owned cars, which spurred many new manufacturing plants to be built in the US, as well as supporting suppliers. So...

    Because of the ineptitude of the Big 3,

    There are now a LOT more people currently employed in new, foreign-owned manufacturing facilities.

    In a sense, we've been compensating for the inevitable decline of the American car manufacturing business for a while now.
    **************************
    To the OP---sorry about the job. I've been laid off twice in the last two bad economies, and usually end up better off. I'm in one of those sectors that's vulnerable as well. But I don't think they'll do big layoffs until after the Spring, when the union might strike, which means they would need to have a contingent work force ready.
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    Nov 20, 2008 12:52 AM GMT
    sfinboston,

    I'm real sorry to hear about your layoff. It sounds like you have a good attitude about it, i.e., that you're looking at this as an opportunity. Best of luck!!!! icon_biggrin.gif
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    Nov 20, 2008 12:55 AM GMT
    Sorry about that .. that sucks man..Least your partner has a job to help.

    When my partners job moved us here so I had to quit my job. (2nd time in 3 years) So I started my own company a few months before we moved thus now I'm here and up and running I feel scared cause i run a web business and bus has sucked this month. But at least we have his paycheck. I hope after the New Year this all changes.
    So we should all pray this is over soon.

    So Lets give a great big hug to all that are struggling icon_smile.gif

    Hopefully your partners company gives same sex health ben.. thats one good thing I have going for me at this time..
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    Nov 20, 2008 1:34 AM GMT
    Look at change as being good.

    This is a new beginning. Don't look at it as an end.....

    I can say it always gets better!

    The health care and Insurance and Hospitality industries are all doing well here in Sunny Arizona.

    You can pitch a tent in my back yard (I have a big place) if you want to try something really wild.....good weather until......JUNE!!


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    Nov 20, 2008 1:39 AM GMT
    sfinboston saidthought of going into business for myself, just not sure what though. Instead of being depressed, I am looking at what doors this may open for me.

    This is an opportunity. This is not a death to feel sorry for....but a chance to have JOY in change.

    There are always challenges in life. Being self employed I face them all.....but on a sunny day, I look towards the sky and say.....oh yes, my tan is looking good!!
    LOL


    Start a donut making company. I hear that's a good thing...even cupcakes~
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    Nov 20, 2008 1:42 AM GMT
    Sorry man. I was laid off from my job in banking at the end of May. I was unemployed for 3 months, but found a better job. I was at my job for 3 years and received only 6 weeks of severance. Things will work itself out.
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    Nov 20, 2008 2:36 AM GMT
    I've been laid off six times. In fact, I've never given notice. That's why I got out of the training business, as everyone always cut there first. I got my current job as I got really good at getting myself hired. Hoping to actually give notice for the first time in my life next year.