5 Things I Learned From Being Laid Off
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- Опубликовано: 25 июл 2024
- This year was filled with tech layoffs. What can we take away from this difficult season in the job market?
00:00 - Intro
01:25 - Your position is not permanent
02:55 - Take the big bet
04:30 - Play the long game
05:51 - Embrace change
07:51 - Let go of security
09:36 - Outro
Keep in touch ///
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this is why i hate when companies push this "work family" culture ...they can fire you at will with no remorse like you never meant anything to them , always put yourself first
Yes, i think its possible to be a great employee, do great work, be 100% dedicated to your job and team - and STILL look after YOU and your FAMILY first.
as someone being on the firing side, its not that we have no remorse... sometimes you have to make the tough decisions... you think i feel great about it? no... you think i never truly valued those people? no... life's full of tough decisions.. sometimes you have to make them, feel awful, and continue on
I have a cynical view on this. They’re not my family. I’m actually a prostitute. They pay me. I do the job to the best of my ability and I leave after the job is done. No reason to catch feelings.😂
I had worked as an engineer for more than 40 years starting in So Calif. I was laid off more than 10 times and I only quit 2 times on my own. I have lived all over the country. I learned that no job was secured. My job was affected by investors or political climate. Companies never card for any employee. So much for hard working and free enterprise.
Longest I worked for one company was 4 years. I had worked for McDonnell Douglas Aircraft when they hired 25,000 new employees a year., 500 new orientations a week. They had 50,000 employees and the company was all gone. I collect pension form 2 companies and worked for both 2 times to be vested. Both companies had changed name numerous times.
I had always lived on 30/20/50 rule (tax/saving/expense). I always lived within my means. I retired very comfortable now.
I needed a video like this. I just recently got official word that I will be laid off in May 31st. I guess for what it's worth, it's the "nicer" version of a layoff, as my company is giving me 2 months to get situated with the situation, then will follow it with 3 months severance package. Nonetheless, it is difficult, as I've never been laid off in my entire career I've been in for 16 years. But hearing your message gives me hope, and this entire ordeal is teaching me so many lessons, as I gear myself up to step into my next path forward.
I got laid off on Good Friday but we will adapt and achieve better.
@@yovannicervantes7058 We're definitely not alone on this, and certainly not the last. I feel this storm will linger well into 2024. Best thing we can all do is hunker down, spend less, and keep pushing forward as best as possible. Best of luck to all of us. I hope you find work sooner than later.
Hey Philip, I want to thank you for sharing your thoughts and making a video about them. As someone who was laid off back in October of last year, it's been rough trying to stay positive while looking for a job in an industry that isn't doing too well right now.
You just made me realize that there is still hope for me, that there is something for me out there and I can't give up just yet. So thank you, thank you from the bottom of my heart for posting this. I really hope more people see this cause this video is an absolute gem.
Thanks for the comment Jason. Losing a job like that cuts deep - but you definitely WILL get stronger from it. Keep going brother!
Thank you for sharing and the positive vibe. Letting others know they are not alone is an important and keep moving forward!
My opinion is if you're gonna work in tech, biotech or whatever industry you're in. Work in a city known for that industry. That way you don't have to uproot your family whenever something happens.
Totally agree with this!!!
Fantastic video and message. Thank you for taking the time to make it, Phillip!
I agree with all your points and I will watch this video again and again as a reminder to always prioritize my needs above any company.
This video truly helped me mentally. Thank you so much. You are extremely appreciated
Needed to hear this today - thanks for sharing
Thank you for your positivity. I had to lay two people off, and it has really upset me. It's not a good place to be whether leadership laying people off, whether an employee getting laid off, or whether you're one of the ones left to pick up the pieces of your team, and having to wear many hats. It's a hard time. We should all be good to each other.
@jackie yess the leaders doing the layoffs are put in such a hard position. I hope you can rally the rest of your team with compassion and empathy - let them know that you are doing everything you can for them.
I was expecting the generic positivity video but this is positive, pragmatic and most importantly gives life and career tips that are useful regardless of if you were laid off or not. Thanks Phillip!!!
Thank you for sharing this! I’m suffered from this situation and your advices do make sense and help a lot.
hi Chinese
Good luck to you!
Incredibly helpful! Thank you so much for sharing!!
Thank you for this Phillip!
I lost my job in December. Tech is crazy right now; even the VP and Sr. Director roles I'm applying to have 200+ applications (according to LinkedIn). I've never had this much trouble finding a job, even during COVID. I'm starting to look outside of tech now.
#Learn2Coal
Update ? Thanks
I’m a big big fan from Brazil! We love youuu!🙌🏾🙌🏾💚
I appreciate you @vern! I love Brazil back !!!
Thanks so much for this 🙏🏼
Well said; looking forward to your next video
Appreciate the personal insights and sharing
Change is a catalyst for growth. Thanks for posting this. Good info.
It's painful in the moment but we can give that pain a purposeful by learning and growing from it.
Great video bro!! Keep the content coming! Hang in there..
My wife JUST got laid off from Charles Schwab. We are looking at it as a doorway to a new chapter in our lives.
great points. only issue of contention is around CEO's being positive re embracing change. I'd argue that embracing change is a lot easier with a 200MM parachute. While change can be positive and is a foundational truth in life, sudden change in economic security that runs out in 2-3 months is more threat than change. Not knocking your arguments, just venting after 7 months of emotional turmoil including 1 layoff and potentially 2..we'll see.
Yesss absolutely - having that 200m dollar parachute must be NICE 😅
This is an awesome video dude
thanks for the perspective shift x
great info, thanks
Awesome video!
POWERFUL!!
Let go of security. You must not have kids or people who depend on you financially.
I’ve been laid off. Twice. Knowing that your family might not have a roof over their heads or food to eat. It is the worst feeling ever.
Good luck moving forward Heman. Being laid off once is hard enough. Keep going!
All the more reason to have an emergency fund set up so you're not in panic mode. When you have that money set aside, you're going to be more confidant when you go on interviews.
I’m also on the edge of getting laid off. I heard a lot of rumours from my coworkers but the company said they put off the layoff decision so nothing happened yet.
However, I’ve been stagnant for several months now in terms of learning with fewer tasks at hand, which could be seen as a comfort zone.
But thank you for giving me the reminder at 2:02 that I maybe should move on from them too.
I’m going to apply for a new job tomorrow.
LOVE TO HEAR IT. I hope you find a position that will stretch and grow you!
Whether the rumours are true or not, ABRL Always Be Ready to Leave (whether its your choice or theirs). Get an emergency fund set up if you don't have one now, keep your resume up to date, learn a new skill that's in demand, keep a set of interview dress clothes clean and ready to go, pay attention to what is going on in any company and industry you work in, and network (even if you just make one new contact a month)
90% of your co workers are not going to be doing all of the items I just mentioned. Be in the 10%.
@@JF-vw9lv That's such a solid piece of advice. Now I'm preparing my parachute (All the things you said) all day all night in case one day I need to jump off unexpectedly.
Thank you very much for the reminder!
Hello I found your video incredibly helpful! But I got an question or something that i had noticed when I was working for an while but do you agree that after the pandeimic or during the pandemic, job requirements are getting an bit to excessive esp for entry level or they are titled IMMEDIATLY HIRING but thier requirments are kinda crazy along with lowest pay wage?
What about the implications for those H1-b workers? They have to move out from the country with their family within 60 days
Yess this is particularly painful. As a US citizen living in London, my visa would have expired within 60 days as well. And with a baby on the way, moving back to the states was NOT ideal...I think these principles are that much more important for folks like us. Always staying ready and not depending on our employers for our family's stability is critical!
No one cares about the h1 workers. Those jobs should have been given to americans in the first place.
Or they can find another job maybe better, that's why keep your network
@@Kenbomp with so many layoffs, it’s pretty tough to find another job in this market
Everyone I know seems to be getting laid off and sadly industries are being destroyed by Ai, horrible management at these companies and poor government economic decisions that dried up investment and destroyed the economy. I don’t see any of these jobs coming back. Brace for an ugly impact.
Got laid off two weeks ago from a meeting on my calendar labeled "Checking in". I'm currently looking for jobs abroad. I'm done with this place.
Thanks for the positivity! There's such a doom and gloom, apocalyptic mentality right now -- it's refreshing to hear your take on drawing strength and seeking opportunity from change.
Good story. Thanks. toronto canada
CEO's can afford to be optimistic about change. They have enough money to not worry for probably years or ever. They can still get access to the best medical care.
If companies eliminate jobs, rip away discounted healthcare, etc.., then we need taxes to give ppl basic income, high quality medical care & free education to help workers displaced by tech or massive unregulated outsourcing.
Dude, this is only the 2nd video of yours that I watched. The first was excellent. I’m much older than you and that doesn’t mean anything more than I’ve lived longer. Let the lesson be: start your own company.
You are smart enough, you are honest with yourself, you know how to network, you can build products for a digital world, and you can do it.
Think beyond “I’m a software engineer.” Maybe it’s time to define yourself larger than this. Start saying “I’m an entrepreneur with a software development background.” Put control in your own hands.
Super insightful. I got laid off too from Microsoft 😢 made a similar video
Watching this since most of my tech friends got laid off. I work at a fintech firm but we didn't hire anyone really during 2021-22. So hopefully, that means I'm good.
What mic is that? Super cool!
All the layoffs are only about one thing: PURE GREED from the shareholders. You can't explain that Google had a revenue increase by 12% and still laying off people. DISGUSTING!
Thanks for this. I’m still at Twitter. 😓
Holding it down. Respect!
darn
Never expand your lifestyle to consume your paycheck. Always be setting money aside.
Yeah they let go high paid contributor for cheaper newbies using chat gpt
lol its not that CEOs are always optimistic... its that they're great liars... they have to be otherwise everyone under them will be depressed or full of doubt that the company doesn't know what they're doing ... while in fact, the company including the CEO might actually not know what they're doing... part of the job
wisconsin badger? Appreciate you sir i am also from wisconsin
When do you think hiring will start picking back up and companies start hiring?
I applied around 400 jobs and got endless rejections.
Same.......for me it has to be around 700+ now........phew been busy! I would guess a few months at least. It's really tiring.
75+ well curated job applications. Resume, company personalized cover letter, completed their portal with work history. Still all rejections
@@maximusyoung Ooof hang in there buddy~!
The economy is strong as hell
The CEOs are marketing folks and they are supposed to project a positive vision. But the reality is that the world around us is changing and the disruptions are going to be huge.
AI is the major unknown.
LEARN TO WELD
Yeah these companies played the Long Game by hiring too many to Shortly boost stock revenue to prove they are acquiring the best talent. They are now playing the Long Game by Firing to Shortly boost stock prices to prove to shareholders that they are lean when in reality they mismanaged and hired too much during COVID. These same managers will Shortly overstock AI jobs only to not structure any real market gain. It will backfire Shortly to return to normal programming, basic analyst jobs etc. all to the detriment of the lower employees and not upper management!
I came to this video from your LInkedin. I have two questions for you. 1. Did having a big name tech aka FAANG company on your resume help you or is it overrated? 2. How did you get into tech having a bio degree? What brought this change?
@dustin 1. Joining a FAANG is great if you want to go really really deep in something. But in my opinion, its hard to see the big picture at a FAANG. A startup or an agency will stretch you way more in that area - you'll get good at a lot of different things - you'll get used to wearing a lot of different hats - and most importantly you'll have a better shot at finding out what YOU really love to do. (Do more things, find out what makes you, you.)
2. A long, windy path in my 20s after college finally brought me into tech. Asking myself the hard questions during college and after. "Am I really passionate about medicine?" Finding out the answer was "no" was one part of the journey. Figuring out what to do next was the other part. Don't be afraid of change - figure out what you're great at and make micro decisions now to form the career you see yourself in 20 years.
Yes layoff realy exist millinium
"Tech layoffs" is pretty vague. ;)
Anyone found a job yet? Not me.
boring. What am i going to do to pay the bills that's the real question.
We need strong Unions to come to the Tech World
Pay and promotions will be based on seniority instead of ability. Is that what you really want?
That's wont magically prevent down turns.
I've been laid off. Don't be a big baby.
Too many people at Twitter and too many leftist woke people. Elon had to take out the trash!
There's nosuch think as job security........Unless you create it..- We need to fully and wholeheartedly accept that jobs are not secure, right now or ten years from now. And we need to accept that this is okay. It’s okay because there’s really no other alternative! We don’t have a choice in the matter.
But it is due to "macroeconomic trend", right? 🥲
Just kidding, ex-tweep here, it's really scary! 😔
The trends got us. But going through the Elon takeover was such a historic moment in tech. Grateful to have gone through it with such a talented bunch. ❤
You're in H1B?