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Old 05-23-2024, 04:11 PM  
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..
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Old 05-23-2024, 08:30 PM   #61
DaFace DaFace is offline
Kind of a mod
 
Join Date: Aug 2005
Location: Donkey Land
Quote:
Originally Posted by Jewish Rabbi View Post
DaFace have you ever thought about winning the mega millions?
Hmmm, that's an interesting idea. I could just roll up to the casino tomorrow and see if I could turn 4 months severance into 40 year's worth.
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Old 05-23-2024, 08:35 PM   #62
mlyonsd mlyonsd is offline
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Originally Posted by DaFace View Post
Hmmm, that's an interesting idea. I could just roll up to the casino tomorrow and see if I could turn 4 months severance into 40 year's worth.
True story, the guy that started FEDEX took the struggling startup company's last $5000 and took it to Vegas for a weekend and made enough to make their next payroll.
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Old 05-23-2024, 08:36 PM   #63
Buck Buck is offline
Take a Chill Pill
 
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Location: South Carolina
You finally will have enough free time to fix your leakage problem.
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Old 05-23-2024, 08:41 PM   #64
BigRedChief BigRedChief is offline
Has a particular set of skills
 
Join Date: Dec 2003
Location: On the water
Quote:
Originally Posted by DaFace View Post
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.
I worked for tech startups. Took more in stock than I should have because none made it to IPO so I go zilch. Which I was well aware was probably what will happen than getting to an IPO. Just a caculated decision in each of them, 3 in total. First one was an A.I. company in 2009. Way before anyone knew what an A.I. was but their code wouldn't scale without being reworked and the language changed. So lost my chance to get in on the ground floor.

I know you know tech but don't know if its even your focus these days. anyway, I'm seeing a lot of HR types wanting certifications to be interviewed. If so in your field, since you are getting paid, might want to go get a cert. Now, once you are past HR, no one gives a shit about your certification. I ended up with around 25 technical certifications.

I only had 2 fulltime jobs in my 25 years in tech by choice(contracting I received 30%-50% more money and had great benefits through my wife's work so it was a no brainer for our situation). Might consider if your wife gets good benefits.

I never lost or changed a job based on performance. I'm sure this is true for you too. So maybe I found it easier to be unemployed than others. After taking a week or two off, I would always check Linked in, job sites etc. work on my resume, those certifications etc. I'm sure you will be gainfully employed as soon as you find the right spot for you.
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Old 05-23-2024, 08:44 PM   #65
ReynardMuldrake ReynardMuldrake is offline
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Join Date: Sep 2010
I've been laid off twice in the last five years. Each time I ended up with a better-paying job.

Today I make good money, fully remote with a the lightest workload of my career. Plus my boss is really nice. I don't plan on ever leaving.

Your number one enemy in a job search is competition. You want to target the openings with the fewest number of applicants. Job boards all have lots of people squabbling over low quality positions. You would be better off finding recruiters with exclusive clients, identifying company websites with openings that aren't published elsewhere, or using word of mouth.

Good luck!
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Old 05-23-2024, 08:54 PM   #66
big nasty kcnut big nasty kcnut is offline
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Sorry my man. Thou I envy you 4 month pay. Dang.
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Old 05-23-2024, 08:57 PM   #67
Chief Roundup Chief Roundup is offline
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Hate to hear this. I am confident that you will land on your feet. It is nice to have the time to find the right fit too.
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Old 05-23-2024, 08:58 PM   #68
Rain Man Rain Man is online now
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Quote:
Originally Posted by DaFace View Post
Hmmm, that's an interesting idea. I could just roll up to the casino tomorrow and see if I could turn 4 months severance into 40 year's worth.
I recently read a book about a guy in the 17th century who became a pirate. Working as a regular ship crew paid a decent wage, but if you became a pirate and hit on a big ship, you could make 10 to 40 years of wages on one voyage. This fellow did that and hit on a huge treasure ship. He got his share of the loot, burned his pirate ship, and then went back to England, never to be seen again. So maybe consider piracy.
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Old 05-23-2024, 09:11 PM   #69
Jewish Rabbi Jewish Rabbi is offline
What's up braj?
 
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Location: Placencia, Belize
DaFace, you could become a porn star
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Old 05-23-2024, 09:33 PM   #70
scho63 scho63 is online now
Politically Incorrect
 
Join Date: Feb 2009
Location: Scottsdale, AZ
DaFace sorry to hear about your employment situation but I have 4 job openings:

1. Need a cell phone Icon designer
2. Looking for an Escort screener to prequalify the talent
3. Want a talented writer to create reviews and post on social media all my $100 lunches.
4. Travel to Canada and smuggle Cuban Cigars and Havana Club Rum back to the US

Let me know if any interest.....I pay with Amazon Gift cards.
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Old 05-23-2024, 09:37 PM   #71
Katipan Katipan is offline
MER
 
Join Date: Oct 2003
Location: Colorado
What the **** Scho.
Either you are mad everyone keeps bringing up your love for hookers or you're not.
Pick a lane.
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Old 05-23-2024, 09:40 PM   #72
mr. tegu mr. tegu is offline
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Laid off

Can you play wide receiver? The Chiefs should have a temporary opening this season.
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Old 05-23-2024, 09:49 PM   #73
scho63 scho63 is online now
Politically Incorrect
 
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Originally Posted by Katipan View Post
What the **** Scho.
Either you are mad everyone keeps bringing up your love for hookers or you're not.
Pick a lane.
You have missed the point.

If you disagree with my posts and your only retort for your last 250 posts in response to me is "go bang a hooker you old fat ****", that tells me all I need to know about that persons IQ.

They are Sofa King We Todd Did. Like a dopey parrot with Tourette's syndrome. A real simpleton.
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Old 05-23-2024, 09:52 PM   #74
Katipan Katipan is offline
MER
 
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Location: Colorado
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Originally Posted by scho63 View Post
You have missed the point.

If you disagree with my posts and your only retort for your last 250 posts in response to me is "go bang a hooker you old fat ****", that tells me all I need to know about that persons IQ.

They are Sofa King We Todd Did. Like a dopey parrot with Tourette's syndrome. A real simpleton.
Ok because i had a really good zinger that i held back and that was really hard for me.
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Old 05-23-2024, 09:52 PM   #75
BryanBusby BryanBusby is offline
In Search of a Life
 
Join Date: Mar 2006
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Originally Posted by Kiimo View Post
To be clear I have no idea how to go about having AI write your resume, just to avoid the follow-up private message I will have zero clue how to answer lol

I've just heard good things
Pretty easy, actually. I used CoPilot to write my CV for when I was shooting for a job transfer/promotion months ago.

Just copied the job description text and my resume and told it to use both to write a cover letter and blam.

For the hell of it I told it to mesh my resume to match to the job listing and it handled it too.

Just had to make some minor tweaks to the output.
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