5 Things I Learned From Being Laid Off

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This year was filled with tech layoffs. What can we take away from this difficult season in the job market?

00:00 - Intro
01:25 - Your position is not permanent
02:55 - Take the big bet
04:30 - Play the long game
05:51 - Embrace change
07:51 - Let go of security
09:36 - Outro

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this is why i hate when companies push this "work family" culture ...they can fire you at will with no remorse like you never meant anything to them, always put yourself first

TopFlightSecurity
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I had worked as an engineer for more than 40 years starting in So Calif. I was laid off more than 10 times and I only quit 2 times on my own. I have lived all over the country. I learned that no job was secured. My job was affected by investors or political climate. Companies never card for any employee. So much for hard working and free enterprise.
Longest I worked for one company was 4 years. I had worked for McDonnell Douglas Aircraft when they hired 25, 000 new employees a year., 500 new orientations a week. They had 50, 000 employees and the company was all gone. I collect pension form 2 companies and worked for both 2 times to be vested. Both companies had changed name numerous times.
I had always lived on 30/20/50 rule (tax/saving/expense). I always lived within my means. I retired very comfortable now.

rampar
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I needed a video like this. I just recently got official word that I will be laid off in May 31st. I guess for what it's worth, it's the "nicer" version of a layoff, as my company is giving me 2 months to get situated with the situation, then will follow it with 3 months severance package. Nonetheless, it is difficult, as I've never been laid off in my entire career I've been in for 16 years. But hearing your message gives me hope, and this entire ordeal is teaching me so many lessons, as I gear myself up to step into my next path forward.

tovopro
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Hey Philip, I want to thank you for sharing your thoughts and making a video about them. As someone who was laid off back in October of last year, it's been rough trying to stay positive while looking for a job in an industry that isn't doing too well right now.

You just made me realize that there is still hope for me, that there is something for me out there and I can't give up just yet. So thank you, thank you from the bottom of my heart for posting this. I really hope more people see this cause this video is an absolute gem.

jasoncasimiro
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My opinion is if you're gonna work in tech, biotech or whatever industry you're in. Work in a city known for that industry. That way you don't have to uproot your family whenever something happens.

CONTROLFIRE
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Thank you for sharing and the positive vibe. Letting others know they are not alone is an important and keep moving forward!

TheRaycheah
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Thank you for your positivity. I had to lay two people off, and it has really upset me. It's not a good place to be whether leadership laying people off, whether an employee getting laid off, or whether you're one of the ones left to pick up the pieces of your team, and having to wear many hats. It's a hard time. We should all be good to each other. <3

JackieOdonnel
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I agree with all your points and I will watch this video again and again as a reminder to always prioritize my needs above any company.

Frkdsnbrd
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I lost my job in December. Tech is crazy right now; even the VP and Sr. Director roles I'm applying to have 200+ applications (according to LinkedIn). I've never had this much trouble finding a job, even during COVID. I'm starting to look outside of tech now.

JustMe
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I was expecting the generic positivity video but this is positive, pragmatic and most importantly gives life and career tips that are useful regardless of if you were laid off or not. Thanks Phillip!!!

timi_t_codes
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great points. only issue of contention is around CEO's being positive re embracing change. I'd argue that embracing change is a lot easier with a 200MM parachute. While change can be positive and is a foundational truth in life, sudden change in economic security that runs out in 2-3 months is more threat than change. Not knocking your arguments, just venting after 7 months of emotional turmoil including 1 layoff and potentially 2..we'll see.

lofihifi
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Fantastic video and message. Thank you for taking the time to make it, Phillip!

T.Coscia
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Everyone I know seems to be getting laid off and sadly industries are being destroyed by Ai, horrible management at these companies and poor government economic decisions that dried up investment and destroyed the economy. I don’t see any of these jobs coming back. Brace for an ugly impact.

westfield
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Thank you for sharing this! I’m suffered from this situation and your advices do make sense and help a lot.

蘋Ping
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This video truly helped me mentally. Thank you so much. You are extremely appreciated

alwayswinning
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Change is a catalyst for growth. Thanks for posting this. Good info.

andreaflaherty
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Great video! Uplifting and positive! Keep up the good work!

TrueNorf
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I’m a big big fan from Brazil! We love youuu!🙌🏾🙌🏾💚

VernellAnthony
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My wife JUST got laid off from Charles Schwab. We are looking at it as a doorway to a new chapter in our lives.

Ptpop
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What about the implications for those H1-b workers? They have to move out from the country with their family within 60 days

aprilwang