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Meriadoc  ·  3298 days ago  ·  link  ·    ·  parent  ·  post: Fired: Is it as bad as we think it is?

You have the benefit of a wealth of experience and expertise to get another position elsewhere, though. Being laid off can very easily lead to a much better position for you elsewhere, despite how much it would suck to start over somewhere else.

On top of that, you have the benefit of seeing it now, in 2015. Growing up in the Bay Area with my family and friends' families all in tech, with insane, overvalued mortgages, and it being the early 2000's, there were many cases of people I know making $150k annually one day, and then out of nowhere the entire department or company is shut down the next day, with no forewarning, and they're thrust back into fighting for a job in a competitive market where most don't really have something that makes them stand out above the rest.