This Is A Harsh Reality About Layoffs In 2023

[@Libertycustom73]

People living real everyday lives know we are now and have been living in a recession for almost 8 months now.

[@Ink30]

Not bad at all compared to 2008

[@Navy35]

Biden said that the economy is strong as hell and Kamala Harris said that the border is secured

[@Nepthu]

@@Ink30 Tell that to my grocery and gas bills. By your logic 2008 wasn't bad because it was better than the Great Depression. All these recessions keep getting "better."

[@ameliaerin1544]

@@Nepthu It's the old saying " If you keep your job, it is a recession. If you lose your job, it is a depression."

[@ameliaerin1544]

@@Ink30 so far..

[@friday2877]

Being laid off doesn't worry me financially . What concerns me is the stigma of others assuming me to be a low performer.

[@Nepthu]

They might think that anyway, laid off or not.

[@jant1213]

I didn't get laid off, but I got moved back to my previous position, and it had everything to do with my performance. I learned fast and was matching my counterpart who had already worked there for ten years. 7 others and myself got moved because of where we were located in relation to the retail side's needs because there is always high turnover on that side. It's tough not to feel like I am constantly defending my skills. I had high production in my old job too, which is also part of why they moved me back. But it's stressful and you don't get rewarded for doing a good job.

[@imorccUO]

Screw them. They take their stigmitization and stick it up their keester.👆🏵

[@peternorthrup6274]

Before a big layoff at a company I used to work at they had a company meeting. The director of HR stood up and said 70 of you will be fired today. She said the people that thought it was funny to keep taking Fridays and Mondays off on a regular basis are gone. You know who you are. Anyone that's costing the company a great deal in health care are gone. Before the end of the day 70 people were fired. I was in my 20s then. I always remembered that day. Now they send you an Email.

[@J_Stanley2]

I’m part of the layoffs. My employer decided to keep the low value team. I work customer support for our US team, but they decided to keep international team instead. However, there have been multiple complaints and “coaching forms” submitted towards the international crew for not doing there jobs. Almost daily. We always got praised by our leaders and customers for doing great work and service. But in the end, they still laid us off. Strictly, poor leadership just trying to save a buck, and not valuing quality “valuable” employees… in my opinion.

[@davysmith8569]

its simple they pay them less than 1/2 of what you get, if even that. I was laid off to "Gateway computers" India division years ago, circa 2002. Will never do IT again, unless its for the government.

[@mph5896]

Its all about the $.

[@theydontknowmeson007]

Sadly if a company is know to layoff it's workers.. treat the job as such. Get the experience, spend wisely and leave the moment you can

[@Navy35]

@@davysmith8569 true but liberals will call you anti foreign for saying that

[@davysmith8569]

@@Navy35 true

[@jonathanclark2160]

Maybe the recession is a self fulfilling prophecy. Companies are afraid of the recession so they lay off a bunch of workers which causes the recession.

[@brookemckenzie1862]

“Wow! That was a slip”😂😂

[@savannahrobbins8934]

I’m 26, just got laid off this month. Took us two years to get health insurance with this company. Been with them over two years. Our company was bought out by another company. I’m pregnant, and I’ve only had insurance starting January 1st 2023, and was laid off January 23rd. That’s a sum up. Very scary. We are in baby step 5-6. Some of my friends are like… How are you still alive??? I said, we came prepared. And I immediately went out and found another job. Wasn’t just gonna sit at home. I Will say it was tougher then before to get a new job. But, I’m ready to get to work. Just gotta keep going.

[@ameliaerin1544]

Best of luck, you are doing the right thing.

[@ChrisAlvarez-cb4rq]

You supposed to be on bed rest love relaxing not stressed out you want that baby healthy!!!

[@sydneyhart]

To be “layoff proof,” retire or go on disability.

[@wisdomok99]

@Tavari how ? Financially to plan

[@billwiernicki3364]

Or get a job in government services.

[@myyt3824]

I was laid off from my escrow Officer job along with 30% of the entire company. I definitely understand the lay offs happening in housing and mortgage lending.

[@umbertopoma1111]

When 😢 I’m so sorry

[@myyt3824]

@@umbertopoma1111 a couple weeks ago. People who were with the company for 20+ years were laid off.

[@TLJAWSIMIB]

THAT'S FUCKED UP

[@deuceswild6350]

Gotta use that strategy. Save 3-6 months rent,food,utilities. Got it 👍🏾

[@mph5896]

If you are going to lay me off, I don't care how you lay me off. Tell me somehow and I will move on.

[@mkshffr4936]

The sad fact is that the current corporate environment is that the vision really only extends to the next quarterly stock values since exec pay is tied so closely to said stock prices.

[@nicomyth]

If your company is public... you should expect to be laid off at anytime. It just comes with working for these big corporations. That is the management style to boost profits... cut labor costs until the remaining employees can't handle the strain. It is very Dickensian out there. Keep your resume current and add to your skill set. The idea that "working hard" or being a valuable employee protects you, is a farce.

[@ameliaerin1544]

But it makes you employable.

[@parler8698]

Effective quiet quitting involves tapping into a strong network.

[@motoman869]

Most do it by hiring freeze and firing. I remember at one time at my work it was almost hysterical when we were running short of work. As soon as material would come in we were running to be the first to grab it. But i have found that if you make yourselve available it is that simple. I just simply dont even worry about being layed off or fired, but rather finding that opportunity that im not going to like. But that too will pass.

[@rlouie05]

This is edutainment at its finest. Sure, there are theatrical elements to this franchise, yet you need to realize there are nuggets of educational triggers in everything we consume. It's up to use to maximize those nuggets upon realizing them.

[@onebridge7231]

More entrepreneurs are needed in the U.S. Too many people think working for a company is safer than starting their own businesses. It’s a fallacy really.

[@amireallythatgrumpy6508]

It keeps out those who aren't smart enough to own their own business.

[@wism3179]

I reenlisted in the military. I did not want to risk it at this time in this uncertain economy. My job sucks and it is destroying my mental health but I will get a steady paycheck to sustain all my needs

[@looseycanon]

Never do above and beyond for employer. Have multiple employers in the pipeline.

[@8383kathy]

Low performance…. Oooops that could be me. Lol. After 8 months of unrealistic goals set by leaders me and 30k employees for my company all low performance. No one gets laid off. Even when you give a graceful 2 weeks notice they fire you on the spot.

[@ameliaerin1544]

Ken Coleman, agree with everything you said. The older folks (myself, age 62) have gone through this several times. 2009 and after 911. We learn from it, and expect it. It is just a nuisance.😏

[@gsmojo17]

We've been in a recession, it's easy to see. Many of these jobs available are in extremely specialized areas or fields. I know many many people who've experienced layoffs. Very unexpected layoffs mind you, many who are very valuable high value performers! But it takes time to find the right role fit for many of these folks. All is not lost but one thing is certain, if someone still holds to the myth of having "job security" it's time to realize how much of a myth it is. It's been said many ways, your only job security is your ability to perform, and the stability of those decision makers above you. Thank God for the emergency fund and getting out of consumer debt!

[@t206kid]

Happened to me at Louisville Slugger. Worked there for 6 years, when COVID hit they got rid of a lot of employees even after getting multiple rounds of PPP money. Then 5 months later the company donated $55,000 to a local food bank. Most I made in a year there was $40,000. John Hillerich sent out an email early on a Tuesday morning that people were being let go. However, for the next 48 hours we all waited to see if we were getting the axe. I finally got the call that I was one of the ones being let go.

[@JohnBrown-ig5nc]

What's PPP an acronym for?

[@t206kid]

@@JohnBrown-ig5nc Paycheck protection program, during covid. The government gave companies money to pay workers. if the funds were used for eligible payroll costs, payments on business mortgage interest payments, rent, or utilities during either the 8- or 24-week period. The companies didnt have to give the money back. So basically for a 16 week period the workers of Louisville Slugger were being paid by the American tax payer

[@t206kid]

@@TopVillain they basically got free labor for months then let us go. Funny enough I got paid more on unemployment than I did when they called us back to work after they got PPP money. I will never buy a slugger product ever again and I tell everyone that will listen how they screwed me and others over

[@JohnBrown-ig5nc]

@@t206kid I was furloughed for three months and it was like that for me too. Sadly, I was making more not working during that time than I did when I was working full time. I didn't know it was called Paycheck Protection Program. I've never heard that phrase until now

[@ak237757]

How do you devise an exit plan though or even have a side hustle if your current job is 60+ hours a week and you have a family? I feel like a sitting duck but I also feel like my current job (dislike it - ruthless culture and no work life balance because it’s a global company) that I’ve been at for 5.5 years is more secure than starting somewhere entirely new. For context, I’m the head of a department, live in CT but office is in NYC. They want us in 3x a week but I am trying to negotiate 1-2x a week because my commute would be 3+ hours and I’m working 12+ hour days.

[@onebridge7231]

Just like the CEO of Morgan Stanley said, “We tell you your salary, we tell you your bonus, we tell you when to be in the office. You don’t have a choice in the matter!”. You have an illusion that you have a great job, but in reality you are just a number that they will cut if they deem it appropriate. I never tell a kid go to college and get a good job. I tell them to educate themselves in entrepreneurship.

[@ameliaerin1544]

@@onebridge7231 there are pros and cons in both!

[@annekelley1527]

I always did well on my stats and I was one of the 815 recently laid off.

[@mattmont1247]

not really a surprise, the government has been printing way too much money for 3 years and taking on too much debt, alongside large companies over hiring (especially in tech). hope everyone handles the next year or two well. :/

[@lot2196]

Correct, the free money had caused most of our headaches. It was done fot political reasons.

[@FrankS111]

Stop complaining everyone…we are just “building back better”. You all asked for this…enjoy!

[@mikerzisu9508]

Asked for this how exactly?

[@yob_woc]

Don’t remember asking for the fed to print another 30% of dollars into existence during March 2020

[@fusionreaper]

@@mikerzisu9508 by electing Biden. Enjoy your unemployment

[@Ink30]

@MarkSans since Biden I have had tons of work more than I can handle and it seams like everyone is hiring

[@Navy35]

@@Ink30 for now.

[@rob41593]

To say the people getting fired are all from low performers seems very asinine. As tech and AI gets better it makes jobs obsolete. Also most of theses tech companies took out a lot of debt to grow and cant anymore due to high interest rates… like most of the people on the Ramsey show but Ken is the one I really disagree with. Don’t blame the workers when you don’t have the info.

[@jackdjacki1872]

It depends on the industry you’re in, what you’re saying isn’t always true 😊, let me give you an example, I have seen it where I am currently working, they let go a secretary and made a project manager do the secretary job, squeeze tasks for free

[@stephanienguyen6992]

Never put Work No#1 over Family. Corporation can layoff you in 1 second. I work for Toxic (Managers, Directors, Vice Presidents, Presidents) so I quit.

[@ronmexico5908]

Be low paid if you want the possibility of not being laid off

[@Ink30]

The man power have control and power rite now

[@marie91999]

Goldman 'sucks' 😆 Freudian slip

[@dmb3428]

the drop in sales in december was not a good sign

[@frost1183]

Not everyone can be a high performer

[@tracygaluszynski1868]

Employees are just another expense. Like the electric or lease.

[@Jul-m2r]

Reduce the Hours of Work.

[@topofthegreen]

2023 will be the year of the unemployed.

[@michaelduke4500]

If the pandemic didn't show you anything, then God help you. Always have a backup plan and learn to do more than just one thing to thrive and make a living. Everyone is a contract worker; some contract workers have benefits from a company others don't. You're just a cog in the wheel to most employers, get over yourselves.....

[@rahkeembattiste5854]

We’re living in last days

[@aribbonatatime]

It's very revealing that this guy refers to the employers as "leaders". Hate to break it to you but only the manager thinks he's a "leader" everyone under him sees him as a taskmaster and everyone above him sees him as a usual ideot.

[@RealGalaxyGamers]

2:03 Freudian slip eh? 😂

[@russellleonard8580]

We are in a recession and it's only gonna get worse by design. You can always get a clue by asking truck drivers who move the products.

[@TheMovieHangout]

It always amazes me how the Boomer generation thinks that it's ok to treat people like crap while expecting loyalty/productivity in return.

[@davidhunter801]

I'm a Boomer software engineer, and corporate America has always treated workers as "resources". I realized that at a young age, and adjusted my expectations accordingly. If you want job security, get a government job.

[@BigMan-cp4pi]

Ken Coleman posts a video like this, showing how cut throat and ruthless employers are, and literally states that employers treat humans as disposable commodities. Then will post a video, unsure as to why 7 million men are out of the labor force and rising. Cognitive dissonance is real

[@jamieg1802]

My job doesn’t pay me They are forcing me to work for weeks They steal money and hack into my home pc Blocking me from getting work They try to kill my pets They steal money and data

[@lukeharris2622]

✝️🙏

[@domm9362]

So you're saying that Dave is not going to lay people off if his company starts to get in trouble? Common now....

[@mikerzisu9508]

I don't recall him saying that at all. He is saying if it is going to happen, do it with dignity and respect

[@amireallythatgrumpy6508]

Well he hasn't in 30 years so...

[@jloop_2008]

It's funny because you probably have Goldman stocks in your 401k. Don't get too virtuous there, bud.

[@Ink30]

If you get laid off you were not making yourself extremely valuable or indispensable

[@flymaluguy]

That’s not always true. Sometimes even when you are valuable, they can let you go if it costs too much to keep you. You can always hit the reset button, spread the responsibilities across multiple areas and rehire a younger, less experienced employee.

[@christopherwarner6330]

How about praying harder ken?

[@rayn1ful]

there should be a law banning layoffs. let the big shots in these companies figure out how to avoid layoffs. thats why they get paid the big bucks.

[@amireallythatgrumpy6508]

You ban layoffs, companies will stop hiring at all.

[@huntingforwifi7215]

goldman sacks

[@gummybears-n-crime1317]

Or as in the 12k Google layoffs Last week- have coworkers text your personal phone asking if you are OK bc your network access was cut off, global email sent by CEO, and you had no idea bc you hadn’t logged in yet. Those affected tended to figure it out on their own as most direct managers were not aware of the decisions made. “Google” it and read More About it.

[@williamforsythe9180]

Dave need to lay off “Dr.” Jon Bologna, Christina, and Ken ASAP

[@chetanjilhewar1669]

Why?