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by greenhexagon 847 days ago
Just accept that you can be laid off and manage your life and finances accordingly.

I know people who got laid off recently, with like 6 months severance. They're planning vacations, getting around to the projects around the house they've been putting off and maybe casually posting on Linkedin to see if anyone in their network has good opportunities. Even after their severance runs out, years of tech salary should make it trivial to build up a decent cushion of savings.

Getting laid off is only a big deal if you've mismanaged your finances. 15 years of FAANG is enough to retire. 15 years of regular tech is enough to save years of living expenses.

2 comments

Unfortunately for many people, high salaries lead to ever bigger expenses. The hedonic treadmill is very addictive. The levels of savings you suggest might be rare.
I think the commenter was suggesting not to do that...
They are going to be really shocked in 6 months when they start looking for a job.
why is that? Companies are hiring for seniors, the jobs are just more competitive and some of the comp is less.