Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Register FAQDonate Members List Calendar

Reply
 
Thread Tools Display Modes
Old 05-23-2024, 04:11 PM   Topic Starter
DaFace DaFace is offline
Kind of a mod
 
Join Date: Aug 2005
Location: Donkey Land
Laid off

Well, new life experience for me. I took a job at a startup in the ed tech field around 3 years ago. Yesterday, I found out that that time was coming to an end. Around 25% of employees were laid off (300ish out of 1200ish) including me and my entire team.

They're venture-capital funded, and while I wasn't entirely surprised that layoffs were coming given some pretty rough financial headwinds this year, I wasn't at all expecting them to just cut my entire function. Kind of surreal.

I knew that startups were notoriously shaky when it comes to stability, and though it sucks to see it come to an end so abruptly, I suppose it's nice to have made a lot of money off of a bunch of investors. The severance package is, honestly, kind of crazy (4 months pay + 6 months paid health insurance + my laptop + free online classes + a plethora of job placement services). Thanks, VC funds!

In the end, I don't regret anything, but it's a very weird feeling to be out of a job for the first time since I was probably 14. It's hard to know what to do with myself, though I figure my "job" becomes job hunting...next week.

No need for sympathy - I'm actually kind of excited to look for something new. I'll at least have plenty of time to try and fail to fix my shit over the summer.

Last edited by DaFace; 05-23-2024 at 05:59 PM..
Posts: 51,964
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
  Reply With Quote
Old 05-23-2024, 04:15 PM   #2
ToxSocks ToxSocks is offline
Needs more middle fingers
 
Join Date: Mar 2005
Location: San Diego
More time to fix yo shit!
Posts: 64,561
ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.
Thumbs Up 29 Thumbs Down 0     Reply With Quote
Old 05-23-2024, 04:16 PM   #3
ToxSocks ToxSocks is offline
Needs more middle fingers
 
Join Date: Mar 2005
Location: San Diego
Just kidding, sorry to hear that dude. Glad to see you get a good severance package though to help keep you on your feet till you find something new.
Posts: 64,561
ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.ToxSocks is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 05-23-2024, 04:17 PM   #4
Bowser Bowser is offline
sorta mod-ish
 
Join Date: Jan 2004
Location: KC North
Very sorry to hear this, but congrats!
Posts: 101,054
Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.
    Reply With Quote
Old 05-23-2024, 04:22 PM   #5
DaFace DaFace is offline
Kind of a mod
 
Join Date: Aug 2005
Location: Donkey Land
Quote:
Originally Posted by Bowser View Post
Very sorry to hear this, but congrats!
I'll feel better about it once I figure out what's next, but in a way, I actually do feel like contrats are in order here. I look at it this way - everyone who's left DIDN'T get a 4-month bonus, and now they all have to do 33% more work while I get to relax at home.

via GIPHY

Posts: 51,964
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
Thumbs Up 3 Thumbs Down 0     Reply With Quote
Old 05-23-2024, 04:37 PM   #6
seamonster seamonster is offline
Veteran
 
Join Date: Oct 2010
Quote:
Originally Posted by DaFace View Post
I'll feel better about it once I figure out what's next, but in a way, I actually do feel like contrats are in order here. I look at it this way - everyone who's left DIDN'T get a 4-month bonus, and now they all have to do 33% more work while I get to relax at home.

via GIPHY

Sounds like you're smart so you can land on your feet, but I've heard that the job market in tech is in bad shape. A tech-hostile congress passed legislation in 2023 that now includes R&D (software development, it) as just part of profits. So it' can't be written off. So companies have had to lay off armies of tech workers. I'd be hitting the pavement pretty hard. China does the opposite (100% of R&D is tax free) and their tech scene is growing without bounds.
Posts: 3,878
seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.seamonster wants to die in a aids tree fire.
    Reply With Quote
Old 05-23-2024, 05:16 PM   #7
Rain Man Rain Man is offline
NFL's #1 Ermines Fan
 
Join Date: Jul 2001
Location: My house
Quote:
Originally Posted by seamonster View Post
Sounds like you're smart so you can land on your feet, but I've heard that the job market in tech is in bad shape. A tech-hostile congress passed legislation in 2023 that now includes R&D (software development, it) as just part of profits. So it' can't be written off. So companies have had to lay off armies of tech workers. I'd be hitting the pavement pretty hard. China does the opposite (100% of R&D is tax free) and their tech scene is growing without bounds.
I wonder if DaFace can learn Chinese in four months via those free online classes. I guess we'll find out.
Posts: 141,663
Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.
Thumbs Up 2 Thumbs Down 0     Reply With Quote
Old 05-23-2024, 05:55 PM   #8
DaFace DaFace is offline
Kind of a mod
 
Join Date: Aug 2005
Location: Donkey Land
Quote:
Originally Posted by seamonster View Post
Sounds like you're smart so you can land on your feet, but I've heard that the job market in tech is in bad shape. A tech-hostile congress passed legislation in 2023 that now includes R&D (software development, it) as just part of profits. So it' can't be written off. So companies have had to lay off armies of tech workers. I'd be hitting the pavement pretty hard. China does the opposite (100% of R&D is tax free) and their tech scene is growing without bounds.
The good news is that I worked at a tech company, but I'm not a "tech worker" per se. I'm still not going to assume the job hunt will be easy, but I hopefully will at least not be applying to many jobs with a thousand applicants.
Posts: 51,964
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
    Reply With Quote
Old 05-23-2024, 07:07 PM   #9
HemiEd HemiEd is offline
Supporter
 
Join Date: Dec 2004
Location: Ozarks
Quote:
Originally Posted by DaFace View Post
The good news is that I worked at a tech company, but I'm not a "tech worker" per se. I'm still not going to assume the job hunt will be easy, but I hopefully will at least not be applying to many jobs with a thousand applicants.
Do you play golf? This is the perfect time for a good severance like that this time of year!

I volunteered for a layoff one time when I heard they were handing out 90 day severance packages. Played golf virtually every day, then started new job on the last day of the severance!

Good time to recharge the batteries on their dime.
Posts: 33,515
HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.HemiEd is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 05-24-2024, 12:50 PM   #10
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Join Date: Nov 2001
Quote:
Originally Posted by DaFace View Post
I'll feel better about it once I figure out what's next, but in a way, I actually do feel like contrats are in order here. I look at it this way - everyone who's left DIDN'T get a 4-month bonus, and now they all have to do 33% more work while I get to relax at home.

via GIPHY

That's exactly right. This is going to springboard your next adventure and you have plenty of time to process things. Congrats are definitely in order here.
Posts: 40,399
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
    Reply With Quote
Old 05-23-2024, 04:24 PM   #11
displacedinMN displacedinMN is offline
It was not a fair catch
 
Join Date: Aug 2012
Location: Correcting papers
wow

Hope things fall in line for you.
Posts: 36,531
displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.displacedinMN is obviously part of the inner Circle.
    Reply With Quote
Old 05-23-2024, 04:26 PM   #12
MeaTy The Pimp MeaTy The Pimp is offline
Who's the masta???
 
Join Date: Nov 2003
Location: Louisville Ky
Sorry to hear. From everything I have read from you, you sounds like a pretty stand up, and intelligent dude. I am sure you won't be unemployed for long. That being said, enjoy the small break.


I am in a similar situation. Back in January, I learned that my entire department was being let go effective 2nd week of March. About 15 of us automated ourselves out of a job. Got a fat severance, and a ton of free time. Caught up on some fishing, and goofing off and annoying my wife. I start my new job on the 1st of June. Different field, but will transfer back into my field when the position opens back up. My wife is happy I won't be bugging her as much now...
Posts: 670
MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.MeaTy The Pimp would the whole thing.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 05-23-2024, 04:29 PM   #13
Otter Otter is offline
Live free or die hard
 
Join Date: Sep 2000
Location: Durango, CO
I was laid off from Harley Davidson with a similar package and I'll give you one head of warning: if you have any vices now is the time to be aware of those.


"Coke and strippers". You will not be the first nor the last. Free time with lots of money is the devil's playground.
Posts: 26,217
Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.Otter is obviously part of the inner Circle.
    Reply With Quote
Old 05-23-2024, 04:31 PM   #14
Hammock Parties Hammock Parties is online now
I'll be back.
 
Join Date: Nov 2002
Rain Man will be calling soon.
Posts: 278,675
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
    Reply With Quote
Old 05-23-2024, 05:15 PM   #15
Rain Man Rain Man is offline
NFL's #1 Ermines Fan
 
Join Date: Jul 2001
Location: My house
Quote:
Originally Posted by Hammock Parties View Post
Rain Man will be calling soon.
Yeah, I plan to razz him mercilessly.

(But after that, I'm here to help, DaFace.)
Posts: 141,663
Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.
    Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 10:46 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.