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by mr_tristan
996 days ago
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Yep, laid off in the aftermath of the 2000 crash. Not immediately but the company didn’t get funding and cut almost everyone. It hit me hard at first, but I was very young, just out of college, and adjusted quickly. The market was dead for a while, and I ended up being rehired after 6 months to sweeten the startup right before acquisition (for pennies on the dollar - this startup was seen as a success because it didn’t just fold). The biggest aftermath is the mental shock of losing employment. I definitely got depressed due to the uncertainty of, well, everything. And when there’s a general glut of people searching, even being contacted by a prospective employer turns into a gamble. There’s a hopelessness that can set in that takes its toll. I haven’t found much of a stigma from it, socially or professionally. There’s a pretty decent chunk of people who have been unemployed at some point due to a layoff. |
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