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. :-) [Reply]
Originally Posted by DaFace:
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. [Reply]
Originally Posted by DaFace:
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. [Reply]
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.
Originally Posted by DaFace:
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. [Reply]
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. :-) [Reply]
Originally Posted by Katipan:
What the fuck 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 fuck", 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. [Reply]
Originally Posted by scho63:
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. [Reply]
Originally Posted by Kiimo:
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. [Reply]
