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by neonlights84 897 days ago
In my mid 30s, got laid off from a medical device company in August, literally a week before my wedding. Company's sales had been floundering, the company founder had caused numerous schedule overruns by meddling too frequently in product development concerns. Then in a surprise move an outside investment group bought enough shares to push the CEO out of his role. New CEO came on board, gutted all new product development efforts (and guess who was leading new product development). So I was given a bunch of apologies and let go. Fortunately, I had been reading the writing on the wall for weeks and ended up getting an offer just days after the layoff, followed by a second offer. Pivoted into a tech role that uses my skills without the time pressures of a manufacturing environment. And making loads more money. I think the trick to surviving these recessions is to constantly assess your organization's health and consider alternatives. The timing was just right for me and saved me months of stress.