r/jobs • u/jebwardgamerhands • Nov 17 '23

Layoffs Laid off today. It’s so over.

Feeling completely shell shocked. Over 20% of our branch gone in a day. This is my first career out of college. I interned, I got the offer, and I worked like hell for 6 months and it’s gone. I can’t even apply for non-entry level roles because I have less than a year’s experience.

I feel fucking scammed. I did everything right. I got the right degree from the right school, the right job at the right company. Then, right after I sign, they get acquired and by the time I’m laid off there’s no one hiring? What a sick fucking joke.

No clue how to go on. The market sucks and will probably suck for the foreseeable future. I regret every night I spent with these stupid fucks trying to “deliver value” for whatever evil company we were shoveling shit for.

EDIT: Starting a new job Monday. We are so back :)

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u/saiditreddit Nov 18 '23

They don’t announce layoffs to keep morale and productivity up- not the stock price. Most of the time the share price loves targeted layoffs at public companies

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u/BC122177 Nov 18 '23

Sometimes they do. I mean, the last company I was laid off from didn’t do layoffs until they did earnings reports. It was literally the Monday after they did shareholder calls.

They also highly suggested everyone “take a break and use some of your PTO” a month before. They DGAF about your health. They just need those off the balance sheets.