Post
Indian Startups
11mo
misskick
·
works at

Unpopular Opinion: Those that go laid off early in this "cycle" were the lucky ones

My husband still hanging on at a tech startup that's seen 4 rounds of layoffs since mid-2022. While getting laid off is tough, those who left earlier likely landed in a hotter job market with better severance packages! Our Investment dried up years ago, and missing targets means more layoffs are likely.😖 Interested in your thoughts!🤷‍♀️
swagpumpkin
11mo
An Ops Executive
They can still get laid off in 2024. Although they did get more support from others who helped them to secure other job. In the recent times, it feels that layoff is the new normal, it does not create any shocking reaction or any sympathy. People have just accepted it.
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cleantonic
11mo
works at
My cousin got laid off in 2024 from a company with layoffs in 2022 and 2023 too. He got the best severance package of the three.
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sevenpepper
11mo
student at
IIT Madras
I just went to an event with 5 people I used to hangout with. The first round got 6 months. The 5th round got 2 weeks. The 6th round would have been showing up to a locked building. It is 100% better to get laid off early if the company is in real trouble.
anjanadmi
11mo
student at
Jamia Millia Islamia
Yes I agree with this. I know folks that were less skilled based on metrics get let go and rebound quicker. Those that got retained met a terrible job market once the second and third wave happened.
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