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Welp, guess I can no longer claim to have been spared the worse of a down economy.
I was one of ~20 positions eliminated today, mostly on the engineering and manufacturing support side of our business. Fairly unexpected, but being the youngest and least-experienced engineer on staff probably didn't help my case (although I survived round one back in January).
Because of this site, I have most of my financial affairs in order. I'm essentially debt free and have roughly 6+ months of expenses in the bank. My employer will continue to pay my salary (less unemployment benefits) for up to two months; I hope to have work lined up before that expires and I need to start chipping into savings. I could move out of my apartment (no lease!) and head back home with my parents or brother to avoid paying rent, further limiting my need to draw down accounts.
Driving home, I (oddly) was not gripped by fear or paralyzed with debts and financial obligations looming over my head. In fact, I stopped on the way home and paid cash for a laptop, as I surrendered my only computer (a work laptop) on my way out the door. I figure I'd do best to have one if I want to become gainfully employed in the near future.
You'll never hear me say "I never thought it would happen to me", but I have a pretty solid track record of executing on a high quality and quantity of work. I was assured it was not a performance issue, and that references would be redily available if I called upon them.
I was one of ~20 positions eliminated today, mostly on the engineering and manufacturing support side of our business. Fairly unexpected, but being the youngest and least-experienced engineer on staff probably didn't help my case (although I survived round one back in January).
Because of this site, I have most of my financial affairs in order. I'm essentially debt free and have roughly 6+ months of expenses in the bank. My employer will continue to pay my salary (less unemployment benefits) for up to two months; I hope to have work lined up before that expires and I need to start chipping into savings. I could move out of my apartment (no lease!) and head back home with my parents or brother to avoid paying rent, further limiting my need to draw down accounts.
Driving home, I (oddly) was not gripped by fear or paralyzed with debts and financial obligations looming over my head. In fact, I stopped on the way home and paid cash for a laptop, as I surrendered my only computer (a work laptop) on my way out the door. I figure I'd do best to have one if I want to become gainfully employed in the near future.
You'll never hear me say "I never thought it would happen to me", but I have a pretty solid track record of executing on a high quality and quantity of work. I was assured it was not a performance issue, and that references would be redily available if I called upon them.
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