I got laid off today

[unregistered]

 

[mylaceratedheart]

I think you still have a lot of opportunities and should stay positive. There are people being laid of who are 50 or 60+ and nobody is interested in hiring them, which is a shame. I'd pick your new position carefully though, especially in the financial market because whole banks are going under. Is there anything you could do freelance or temporarily to keep an income rolling in?

I can't say I know much about finance but I do run my own business and when you're self employed, you need plans A through G ready to go because I have no real backup if my business fails.

From what I've seen of your posts you strike me as a resilient and resourceful person and your hunger to get back in the game is also an asset.

 

[sexycaz22]

Sorry to hear that Marquis.

All the best of luck for your future, I am sure that you will get another job, maybe one you really want to do.

Good luck!

 

[satindesire]

Geeze, of all people I never thought you'd ever get canned. Sorry hon.

 

[GoddessHathor]

Truly sorry to hear that Marquis. Sounds like you have a handle on it though. Update and network. I worked for one of the major banks and find myself in the same position as you. It sucks. Big time. Sending you lots of luck and good thoughts!!!

 

[Betticus]

Well this just sucks ass.

 

[FurryFury]

I'm so sorry. I'm also sure you'll end up with something better.

 

[Netzach]

Thanks for all your advice and support guys.

I am sprucing up my resume and networking aggressively.

The truth is, my skills/education/licensing is fairly marketable, even in this environment. Ultimately it will be a matter of how low down the totem pole I am forced to begin my climb again. There is even a possibility that I will be able to use the experience I do have to explore superior opportunities, albeit a longshot.

I brought in $4.5 mil in assets in two months. Unfortunately that didn't cover my salary and I was on the wrong side of the balance sheet despite my momentum. My manager has said he will give me a recommendation and hopefully I will find a good company willing to invest in me.

As MWY once said, "it's a tough environment, but there are pockets of opportunity."

I don't think that can be understated.

I am doing better than I have in all my life in this down market, the thing is flexibility and drive and creativity, and you're blessed with these. The thing about the worst recessions is that innovators thrive.

Sales and marketing skills (and let's face it, those are a huge part of most jobs) can shift from A to E to 34 on a dime.

 

[midwestyankee]

I don't think that can be understated.

I am doing better than I have in all my life in this down market, the thing is flexibility and drive and creativity, and you're blessed with these. The thing about the worst recessions is that innovators thrive.

Sales and marketing skills (and let's face it, those are a huge part of most jobs) can shift from A to E to 34 on a dime.

I'm beginning to think that there could be a huge renaissance of productivity when this recession closes - and in fact what I'm thinking about might even contribute to shortening the recession. In previous recessions most of the brunt was borne by lower skilled workers. However, in this current recession more very sophisticated and well educated people are being laid off than ever before. My guess is that many of them will choose to move to self-employment out of necessity. Some will consult, which is one of the easiest things to do on your own if you can find clients and have suitable skills. Others, though, will find pockets of opportunity and exploit them while others are too timid to do so. If Obama gets his way, we're going to be seeing a whole new sector of the economy start to grow: the "green" sector that creates, sells, and services the renewable energy field. This won't be the only gainer, but it may well be a big one.

 

[unregistered]

 

[Homburg]

Sorry to hear this, Marquis. I've been stomped by the fallout from a merger (combined with the worst insurance losses in the company's history on 9/11).

You will survive, man.

 

[NALA CAYENNE]

Sending hugs your way, Marquis. Hopefully things will look up for you rather quickly

When B of A said they were going to cut 35,000 jobs after the Merrill merger, they weren't kidding.

I'm having a hard time with this, and not just the obvious fact that I'm now without employment in one of the most difficult job markets in generations, particularly for my field of work. I don't know how to feel about it. Certainly I'm not the only one in this boat, but it's not hard to point to things I could've done differently as well.

 

[the_pet]

...that so sucks

pet

 

[catalina_francisco]

Hope things begin to look up for you soon Marquis.

Catalina