It Finally Happened and This Is Why We OE
One company lost 25% of its value over the past year, so they decided to layoff the majority of the remote workforce and force the other people to return to office. I was one of the unfortunate saps.
Crazy thing is - in all hands meeting, they said that they had no intentions on laying people off, and I was actually on a path for promotion that my manager provided me, so this was completely blind-sided. Lost 145k/year salary.
The plus? 4 months paid severance, which equates to about ~48kish, all in a lump sum. And to be fair, I really didnt do any real work my 2 years there so it was a free ~350k over the that time. Not a bad run!
Plus, I still have 2 other jobs so not tripping there. Got a PT C2C role, so should make up some of the difference.
This is just a reminder that no matter how good you do, no matter how secure you think you are... you aren't. GET THAT BAG!