I got let go this week from a another company in a mass layoff, I had only been working there for a year (Canada).
I got 2 dozen weeks severance, and my benefits (teeth) continue for a bit, as well as accelerated stock vesting. My folks in the US got next to nothing and had been there much longer. It seems they were "in the wrong state".
I can't imagine my healthcare being tied to the fuckwits who employ me.
I think teeth is also getting federal coverage. I believe they are slow rolling it out over this year. I heard about one can apply to get earlier coverage for lower/no incomes, if you lose your benefits.
This is so well written. She communicated what happened and that how it was done was shitty, her eagerness for something new and willingness to stretch into other areas without sounding wow-is-me accidentally, and professionally @‘d people to call them out. 10/10
Another tech bubble burst. Tech since the pandemic became way over inflated. My 10 year HS reunion during the pandemic was full of people that are morons with a computer suddenly telling me they’re in tech like me. This is a response.
Also, probably not coordinated as much as these companies might have a “no layoffs during the holidays.” My wife’s company has this policy (financial market) and during the last few years you could time them stopping layoffs and then starting them back up.
I very much think something is about to happen for sure, layoffs everywhere, I see grocery stores putting up security and camera getting ready for thefts, I hear police are given extra funding to deal with thefts, seems like all the mega rich conglomerates are bracing for something and we're not told what.
It does not take a genius to realize that the fact that the Suez Canal is currently unusable and the Panama Canal is operating at significantly reduced capacity will /at best/ result in seriously fucking up the on-paper-only tenuous economic recovery of many nations, and at worst could spiral into a serious global downturn rivalling the Great Depression for the vast majority of people.
Er, well, I would say it does not take a genius. Apparently it does though, as I have yet to meet or here of nearly anyone who realizes this.
Oh well, currently homeless former world class logistics company executive data analyst here, just laughing as everything burns and basically no one understands or cares.
Anyway, fuck anyone who actually still uses LinkedIn, its just Facebook for corpo scum.
Okay but we're talking about layoffs in the tech sector. And idk about you but I've been finding out about different batches at different places all day. Tech workers are supposed to be immune to this type of pressure yet today they're the first ones out. Am I a genius because I stayed on topic?
I started being able to make ends meet just before COVID and despite nominal raises yoy I can't do it anymore without getting a second job, and lots of people would be envious of what little I do have. Israel isn't gonna stop doing the things causing the canal to be unusable. Hamas should have taken out Likud instead of going for hostages and it would have worked out better.