In my first week of work, our department”s senior partner took the new employees out to lunch. Someone asked what is one advice you can give us starting off? He said, take care of yourself first. When it comes to the job world, everyone is expendable including himself. It’s just business. So if you’re going to work, work for yourself first. Company comes second. This means taking care of your long term personal career goals and finding ways to balance your value and professional desires the company can provide u. This means taking care of your health and mental being. And more. 15 years later, I still remember that lunch.
That senior partner sounded like a great person, and that lunch sounded like a blast. Thanks for sharing your advice! (Pinning this great comment so more can see it too)
I'm an 85 year old retired aerospace engineer who worked both as a direct employee and as a contract engineer who essentially worked for himself. For what it's worth, I made a Whole Lot More Money as a contract engineer who was paid time and a half after 40 hours vs. when I was a salaried engineering mgr. Plus the tax code was and still is written to benefit an employer vs. an employee.
I have always lived my life as though I could be let go tomorrow. I never felt any type of security and always saved just in case of this scenario. I have been at the same company for almost 30 years now. I still feel as though they could let me go at any time.
He quickly learned that 'work friends' are usually just 'acquaintances'. They're nice when you're there, and once you're gone you'll never see them again.
The funny thing is some of the new guys I was mentoring at my last job dropped communications with me, even though I still see the old salty dogs for beers. Guess what, my employer is hiring now, and the pay is much better, with a more relaxed culture. Guess who isn't getting called about the opening. You stop talking to me, it's your loss. Dumb zoomers.
@@aluisious Don’t take it so personally. People can’t really be expected to keep up relationships with everyone they meet along the way. Or is it you just that you like enacting your revenge fantasy dreams.
My advice to anyone earning 250k. Live like you earn 125k and save the rest. On the day you get laid off feel good that you still have all that money from your high paying job to keep you going. Don’t be that person who goes from living 250k lifestyle to zero in one day and have to start worrying about paying bills and keeping a roof over your head. Edit: I just watched one of your other videos and realised you did exactly this!
Thank you for sharing very sensible and valuable financial advice, and yes I was very fortunate to have access to great teachers and financial content to build up so much buffer. (and thank you for spending even more of your precious time watching my other videos too!)
@@chuntong6290 When i wrote the comment I was thinking of USD but it’s the same concept in any currency. Live on less than you earn, save and invest for the future. I didn’t make this up, I borrowed the idea from others.
You can try Malaysia. The Malaysia government always seem to have problem with brain drain and Malaysians here generally value foreigner talents more than the local talents. So I think you can try your shot here. Good luck.
It's sadly true, the most painful time is also when we learn the most. :/ I guess it's just part of being alive, pain drives us forward to be in a better future.
@@slimjimjimslim5923 I would argue that it is never "pain" in and of itself, but an array of factors that, when combined with that pain, can make all the difference!
@@LevilleFon either way right .......how many businesses dont make it a year....and of couse you didnt address the fact that 20M people cannot do that.
@@LevilleFon so are you ignoring my other statements ?....i think when people say starting your own thing to the masses is short sighted and reckless because you dont say the negatives or the low chance of actually surviving ...instagram reel is all you give.
Hey Shao, I seldom comment on YT - but this video really resonated with me. I got laid off almost a year ago, immediately started job hunting and went through the exact same emotional roller coaster you have described. Even after landing a new role, I could never quite shake off that feeling of inadequacy and low self worth. I thought it was just me, but hearing you describe your own experience made me realise how we are all so alike. Thanks mate, I hope you've landed your next adventure already and are enjoying life again 💪
Thank you Tariq for being so open. I also hesitated to share my experience so openly, but your sharing has affirmed that so many of us are indeed alike going though the same pain. And we should continue to share and encourage others so that one day, they will bounce right back up just like you did.
With a BS degree in Electrical Engineering, I was unemployed in both my 30's and again in my 40's, and can relate that the emotional feeling are real. But also, so is the hard work needed to secure a new position (smile...smile).
I resonate with your comment, was also laid off, and I thought with my exp and field it was going to be easy but hiring its crazy and once you get a new job you always feel it can happen again
As someone in the Recruiting and Staffing Industry this video is brilliant. Life sucks sometimes, it's hard to pick yourself back up, at the end keep pushing forward, one small step at a time...just move forward
Thank you for watching! And yes folks in recruiting and staffing do such a crucial job, but it's often misunderstood or unappreciated (especially during a layoff or tough period). Keep doing what you do so we can all be matched with our dream jobs!
As a Googler until recently (left voluntarily though, after 18 years) who saw many great colleagues let go, love the pragmatism and future-looking optimism of your message. Looking forward to more of your videos!
@@9to5MillionaireMindsetUs older IT workers from the Dotcom crash know not to work at Big companies more than 1-2 years as they often to mass layoffs. Explain this point to young workers, NEVER stay at a big company long term.
Shao, I really admire your positive approach towards layoffs. Life can be tough, but it's not necessarily difficult. One thing I've learned from this experience is the need to constantly work on yourself and try to build a world outside of your work circle as well.
Yes life is gonna be tough no matter what happens (getting laid off is hard, finding a job is also hard). But we can choose which "hard" we want to focus on.
Having just joined the thousands of people that have been laid off, this is a brilliant video. The stressful part for many people might be the financial impact, sometimes finding the next role, is just the next role for 'now' while you regain a level of financial security while finding the right job.
It highlights the importance of prioritizing our personal lives before the company. Your insights remind us of what truly matters in life. Thanks for sharing mate!
I was laid off from my dream job at AWS last April. It was tough, but I realized that hard work and networking are crucial when searching for the next opportunity.
That's why cold approaches + skills of talking to strangers is life cheat code (If u have no ego of cos lol) Someone's waiting to meet/collaborate with u out there, and trust me its a skill that even my CEO ex-bosses from 10 previous companies deprived of LOL. Cos they be thinking they're too high up to make friends with anyone 😂When they're outside, they're jus another Tom, Dick, Harry nobody cares about
It's wonderful to share your experience. One of the issues in corporate america is that majority of the people getting laid off don't get a huge severance packages like Google/Meta provides. So, your words of encouragement is cute but very hard for someone to process who have little savings, and have been living paycheck to paycheck. If all of us did not have to worry about health insurance, car insurance, rent/mortgage, auto mortgage, kids, and other things in life, no one would get hit hard by layoffs. If you look at other countries in Europe/Asia, cost of living/health/auto/travel is very low. Literally one person could work and take care of 4 people. So, if one person in the family gets laid off and other household members still have a job, it doesn't hit them as hard. But in the US, two working people can't even take care of a single household. So, one person getting laid off is close to a death sentence. Just look at the housing cost in California, who in their right mind allowed it to happen and continues to let it happen?
That is why one needs to have an education in how to plan one’s finances for their lifetime. The USA is terrible in that way. Very-few people know how to budget for things. It is a sad country when it comes to that skill even being taught, let alone being implemented in individuals lives.
Not sure what brought me to your video but I thought it was excellent. I am nearly 60 and work in finance not tech. I have over my 40 year career been laid-off twice and can relate to all of your sage advice. It's horrible. The first time it happened I kept having dreams that I was back at work. The one extra piece of advice that I would add is this: that the people you think will help you often don't, but conversely the people you think probably won't help you actually do, in terms of letting you know about openings elsewhere and helping you connect to the right people. So, don't be afraid to get in touch with EVERYONE regardless of whether you think they like you or respect you. You just never know.
Wow this is my first layoff I am going through and you are absolutely right. The people I thought could help me are not (mostly because their hands are tied too) but people I haven't spoken in years have kindly offered me to work for them. It also made me realize how important it is for us to maintain good relationships and always be doing a good job even when we think no one is looking. The good reputation we build up really does travel far and wide. I also had the same weird dreams that I was back at work and reliving the layoffs, then waking up realizing I am not late for work (or not needed to rush to office). Thank you for watching and sharing your encouragement! I hope you can subscribe to my channel as well. Take care!
I dont know how to thank you for all the wisdom in this video. Every single feeling and emotion you described is what I am going through! I was laid off due to large scale downsizing, without any real red flags or signs, after getting stellar performance reviews and all. When I was actually adding value to the business I was told that there could not be more investment in my project. I was literally shaking. Havent slept through nights, thinking I am not good enough to be kept around. The silence of coworkers is heartbreaking too, as if they just moved on. Thank you for helping me see the reasoning and the blessings in disguise in this situation. Keep working on your skills and networking, be ready for any situation. Never ever ‘settle’ in any job expecting loyalty from your company. And for heavens sake never sacrifice your family and friends for “doing that extra code review work” on a weekend.
Your message has just made me feel like everything I have been doing for this channel is worth it. Thank you. Really thank you. And your message also reminded me that unfortunately so many others are going through the same pain as well. But pain is often the best teacher. And you have shared many pointers here that I cannot agree more, especially on loyalty and neglecting your real family. With an attitude like yours, trust and believe you will bounce back even better! (PS I had made other videos about maintaining happiness amid a layoff. So please do check them out in my main channel!)
Thank you for sharing your experience and thoughts. Your sharing will help those who find themselves in a similar unfortunate situation. When one door shuts, another will open. And who knows? Years from now then you realise what happened to you though traumatic and devastating was actually a blessing which will open a door for you to much better things. I wish you all the best.
The sad reality is that the tech field is going through AI restructuring. From 2021-2023 they have laid off 500,000 positions. In 2024, 321 tech firms have lost 96,551 and the projected 2026 laid-off may reach a 5-year total of 1,000,000 jobs. The coming real estate crash will cause high-tech firms to lose up to 50% stock value. The new book The Bubble that Broke The Bank sees the magic year to be in 2026. You are in a survival race.
Well, there is no strong reason for real state market to crash. I also missed the rally, but that doesn't mean I'll wait for dream for a crash unreasonably
The ripple effect is also scary. $250k a year salary meant having the disposable income to travel, hire babysitters and pet sitters, renovate houses, have a cleaning lady, etc There is an entire mini economy that runs off upper middle class white collar workers
Very insightful stuff, The first experience of a layoff can be quite traumatic as you said so much of ones identity is tied to their job, once you detach from that its much easier to move on. Not everyone has grandiose visions of advancing their career, some are just role players and that’s ok too. The most important thing is to take care of yourself. The universe works in mysterious ways.
Amazing video dear Shao, it makes me clear so many circumstances that I also went through, and I believe that we share the same ideas, but you make them so easy to understand! I love the structure of your wise words.
I was fired in my 20s (not laid off). Best thing to happen to me. I was an accountant and miserable. I saw the department heads and didn’t aspire to become them one day. I went back to school and got an MBA and then a law degree. I honed in on the industry that inspired me (tech), and that has taken me on a magnificent 25 year journey so far serving in legal and business roles, including roles as Chief Legal Officer and one as CEO. 5 years ago I struck out on an entrepreneurial journey and that has brought a new dimension to my career. Use every inflection point in your life to your advantage. You will have many forks in the road.
Thank you for your assurance! I indeed believe there are many forks down my road too! And great career advice too; asking yourself if you have the aspirations to become the current leaders of your current role.
Good to hear, but for most people, getting laid off is just bad, no silver lining. You got lucky, most just have to take the hit and whatever job they can find at that time and start building again from there
I can tell that everything it is said here is true. I am especially puzzled with the coworker issue. I worked with these people for years, and once I was laid off, and this is the time I needed their support and "compassion" they just did not call, not even sending simple message. Managers as well, although we had very great conversation while being employed. So, this is the thing which hurt me the most.
@@9to5MillionaireMindset no problem keep going, you are changing people for the better. I am new here and already I am grateful to come across this advice
God bless you brother, this news is becoming far more common nowadays, unfortunately. I too was let go from a high paying job back in March 2024, and decide to focus my energy in building my own business. Fortunately, I was able to retire from my previous position. I have subscribed wishing you will. Thanks for sharing
The most painful part is not losing the job itself, but losing that lifestyle, Imagine mortgaging and losing a beautiful house, a nice fancy car and an extravagant travel and shopping habit. $250k a year salary could EASILY pull you in that trap. The moment you realize you won't even make $80k in today's economy, you're SCREWED
Indeed many of my laid off ex colleagues found themselves in that exact situation. And they found it so hard to dial back their lifestyle. I also talked about it in my first video called "I got laid off by Google and Now I'm Financially Free". Do check it out if that interests you and thanks for your support!
Awesome advice. I endorse all your recommendations in this video. My post was made redundant many years ago, and I went through all the phases you spoke of and the experience was similar. After losing that job, it was another colleague who was also laid off who helped me to make the next step in getting a job quickly. I started with my first temporary job; these short-term jobs proved beneficial and landed me a permanent job offer. That was so long ago, but the experience helped me to grow and be successful today.
Thank you for watching! I am glad my video resonates with you and more importantly, you went through something similar and grew and became successful! It's a reminder to the rest of us to not give up!
The company doesn’t care about the employees best interests. Anything that has a salary is an expenditure even though you probably generated 10x the value of what they paid you. They basically owe you the employee money because when you factor the surplus salary they pocket by pillaging it from your pay check, you were basically working for free.
Man, you really are great as it will take some getting to come out of the frustration of being laid off. From there, to take things in the right sense after a thought process of understanding why it happened with calmness is even better on your side. Surely, your experience would have given many a chance to look back at layoffs as an opportunity and move on. Its easier said than done but not impossible to keep cool under crisis. You did that exactly, man. Kudos
Thank you for saying that. It's indeed my goal to bring positivity to the world, so I am glad you felt and noticed that. All the best and take care too!
Thank you for sharing this. This is a really well-articulated video and might help everyone who faced layoffs. We all are part of this survival race and the community should help each other in this tough time.
Uttering the comments of many others, this is an absolutely brilliant YT post my friend. You intelligently synthesized the emotional rollercoaster of being unceremoniously fired and the challenge to pivot and persevere. I've been a business professional for 30+ years, and have been both downsized as well as worked at 2 U.S. firms (in separate decades) that imploded as a result of the largest bankruptcy ever (one is Lehman Brothers). In short, it was not only difficult for many of us to lose our amazing jobs, it was gut-wrenching to watch almost our entire "net worth" evaporate in a matter of days. Now if that wasn't bad enough - to make matters all my close (work) friends are now literally incapable of being a resource to find a new job. Good luck folks
Thank you so much for your support and encouragement! I graduated right after Lehman brothers so I know exactly what you mean. I joined Merrill Lynch right after it was bailed out and acquired by BofA. So many Merrill senior colleagues of mine saw their net worth just disappear. My manager also previously worked 20+ years in Citi and only held Citi shares. When they went from $80 to $0.50, his retirement was basically wiped out. Just curious, which do you think is worse? the Lehman 08 financial crisis or our current cost of living crisis? It's also really tough to see your friends being incapable of finding new work. Some of it is controllable (i.e. get new skills), some are not (i.e. companies preferring younger cheaper labor) All the best to you and your friends in facing what is indeed a challenging moment!
@@9to5MillionaireMindset Thanks for the anecdotal comments. Interesting to see there's some parallel or overlap to our career paths. Your question: "Just curious, which do you think is worse? the Lehman 08 financial crisis or our current cost of living crisis?" Answer: Great question. My opinion. I would say the current (Inflation) crisis is likely much worse, why? Well I think there are multiple factors at play here. --> 1) Excess COVID stimulus | 2) The Current Crisis is Pervasive and Larger | 3) The ERA of Ai 1. It appears to be an existential crisis, in that it permeates all of society, and frankly the entire globe - it obviously is a direct result of draconian measures to "arrest the COVID spread". For the better part of 2 years, the largest economies essentially "grinded the gears" to stop the world from spinning (i.e. economies), and substituted organic GDP with a "cash" printing machine. Ergo creating massive "asset bubbles" (e.g. real estate / stocks / crypto / etc.) and (an) economic catastrophe that has not quite reached its apex. 2. The '08 Financial crisis was a sudden and isolated matter. It was somewhat "self-contained" (to major global financial markets) and quickly remediated. After all there was only ONE major corporate failure - Lehman Bros. Perhaps less than 1/1000 of 1% of the globe was impacted long-term . Whereas the current global Inflation Crisis is insidious, pervasive, more complex and several factors larger. 3. We are in the ERA of Ai. This is unlike any technological transformation the world has ever experienced, because by its very nature, Ai's premise is to replace SWATHS of human thinking and to a capabilities. Moreover, Ai will accelerate the disproportionate concentration of wealth. E.g. - Elon Musk today that TESLA will begin the mass production of Humanoids - - > like WTF right!! From a Labor Market perspective - the advent of Ai is and will be massively consequential for "Service-based" economies such as the U.S., since it's impossible to pivot as the "tech is also pivoting" (acquiring knowledge) concurrently. So what? Well, I would argue, the sign of a vibrant economy is rising "wage rate" above YoY core CPI (inflation). Macro perspective: as we are seeing today, as more companies PERMAENTLY reduce staff due to significant drops in Revenue OR due to Ai driven efficiencies, it will absolutely have a negative significant impact on wages, which will compel governments to engage in deficit spending to provide financial support to the populace. In effect, resorting to principal catalyst that creating the Cost of Living crisis in the first place, "Printing Money". Cheers!
Thanks for sharing your in depth analysis. All 3 of your concerns are indeed valid, real and worrying. It's gonna be a challenging 5-10 years from here on out. Despite these challenges, I am still optimistic that as long as we are hardworking and remain kind, beautiful things will always come our way. We may just have to redefine what work and success look like. If AI is gonna make working unrewarding and unfun, then we simply have to find a new and better game to play and win at. Take care, and thanks again for discussing this with me with such great details.
Something very unique i notice in this clip. Before touching on the uniqueness, i admire the way you handled this layoff, and your sharing is highly commendable. Next, the uniqueness. U took the effort not only to reply to almost to everyone who posted messages , but you contexulised your reply accordingly. Kudos
Wow thank you for noticing that. I just think it's so cool that so many people across the world has spent whatever little precious free time they have to watch my video; and even take the effort to share their stories / advice here for the rest of us. So the least I could do is thank them for that and also add on so to create more positive energy and hope. So thank you for watching and sharing. This world is indeed filled with kindness and possibilities.
Years ago i chose to build my own business and a day job along the way was just a stepping stone for me to pay the bills when i was still struggling. You are right, after all, business is a function of profit and cost, and I'd never believed in anything like career development or people is the most important asset in a company. Those words totally fall apart when businesses are in trouble
It isnt the layoff that is hard, it is the lost of income. When one has grown accustomed to living off of $250k and then you face the reality of having to accept a $100k reduction in pay in order to stay employed is very very hard. You arrived, you worked hard for it and thought you were on your way, had secured your bag. And, now you just like all the rest...poor and struggling.
Getting pushed is the best thing that can ever happen to you! Good luck on your journey, sir. Greatness is just around the corner. Thanks for sharing your story with us!! :)
Hey thanks for your support! I actually shared about becoming financial free even after being laid off in my first video in this same channel. Do check it out!
That's for the great insight. Came to know in this month that my contract is ending the end of the month Singapore due to change in company direction. I felt everything in the last two weeks that you just said. It's been a great encouragement listening to you. Currently have two interviews in progress and my God's grace hope I get the right one for me.
One of the most down-to-earth experiences of being laid off and agree completely with him, speaking from personal experience after having gone through 3 lay-offs. While lay-offs have ostensibly been painted as a cost-saving exercise, frequently it’s just an exercise to satisfy big institutional investors that a company is doing something visible when every other company is doing the same thing, even if the company is still making profits and top executives are still drawing millions. I’ve known of cases where after the lay-offs, companies rehire the same or very similar positions again.
Great testimony. The vast majority of colleagues at work are "situational friends". If they will share your happy and sad events and you can confide in each other, that is great. It's great to have those and it sucks if people are snobs or backstabbers. I guess this hits harder to younger people and people who've been in the company for an extended period and got used to the work family.
Indeed, at the end of the day we are all looking for all weather friends and not situational ones. And I was fortunate to have met quite a few of them. Thank you for watching and supporting my channel!
Thank you very much for this video. I got to know two days back that my name is in the layoff list and haven't been able to sleep since then. I feel confident and positive now.
Sometimes in life you don't jump, you get pushed. Keep up your confidence, I will be rooting for you. And when you find your next role, come back here and share the good news with me!
It's great you gained some life lessons from this. I've left a few "dream jobs" in the past and almost always another better job or career came up. Time down, if you have an emergency fund, can also be a wonderful opportunity to reset and skill up. I always grind after a layoff to ensure my next opportunity is better - so it's important that people don't fall into a depression.
Thank you for your encouragement and insights. Indeed that's what I did, to have an emergency fund so it has given me a lot more options. You may check out my first video in this same channel called "I got laid off by Google and Now I'm Financially Free" Thanks again and all the best!
Great video, on the work colleagues point: It's the sad reality that work friends are hardly ever true friends... Once you are no longer useful to people then you will get discarded. A tough lesson, thank you for sharing your experience.
Thank you for watching! Indeed it's a tough lesson, but it's also an opportunity to be empathetic; every work colleague is just doing the best they can in a tough situation faced by all. And knowing those that do stay in touch are indeed friends for our next chapter!
Thank u so much for sharing your thoughts... raw n insightful. Yes, layoffs sucks big time and you need time to overcome it. I had mine in 2012 but fortunate enough to have a helping hand to land the next role within 6 months. I wish you all the best in the next role and you will do great! 🙏
I am glad you found it relevant. And well done on overcoming your own layoff. It's getting so common that it's now a crucial career skill for all of us to have.
I have worked in the IT industries almost 30 years and have went through 4 laid off. Things always turned out better after each laid off. Exercise helps me endure hardship and stress. Stress can kill person. Do look after your mental, body and health. Good luck with your future endeavor!
In the IT industry, expect to face layoffs at some point in your career. With nearly 30 years in IT, I learned to anticipate signs of potential layoffs and proactively sought new opportunities before they occurred. This proactive approach helped me transition smoothly before facing layoffs three times at different companies. Being employed makes job hunting easier.
That's great advice. To be proactive rather than reactive! I think your advice applies to other industries beside IT too, as so many industries are getting disrupted too.
Thank you so much for this video. I have just experienced the same path and I can't agree more with you on every single topic you brought up. I wish you had created this year ago, you would have saved me so many difficult moments. Yet, I want to emphasize the friend circle topic. This was the most difficult for me to accept. So many people that where acting as friends and finally they were not...
Thank you for your kind words and for spending time watching my video. I was initially worried and feeling insecure like "who am I to tell people what to do and feel". So your assurance tells me I am on the right track. And yes I wish I was also told these harsh realities early on because they were not taught in school or talked about at the family dinner table. So one of my goals of creating this channel to spread more awareness about such realities of working. And yes the friends part is really hard to accept. But it's an opportunity to be kind, everyone is just doing their job and trying their best to take care of their families. Those that stick with you are then a bonus, that you found really good friends ☺️
thanks for the sharing, much appreciated. was affected by Twitter before in singapore. but luckily landed a pretty good gig. yr reflection is v honest and practical.
Graduated with a tech degree and worked for a pretty descent company in Seattle for 4 years. They were downsizing but I knew this might have come since tech industry is constantly changing. Always had a dream to have my own business and been doing this on the side and when I got layed off, I had little easier transition to do something while looking for a new work. This allowed me to grow my business and keep my mind off of things. Was able to get it to grow and perhaps my next work will be part time. Guess my point is have a backup plan and don’t put all your eggs in one basket. But knowing population is growing rapidly, it does get harder to land that spot. Having grit helps 😀
Thanks for giving those tips. Those emotions arise due to fear and drastic changes in life patterns. Much like a widower’s life changes, you will get back on track and be ready to manage setbacks and appreciate your winnings with wisdom. Only trustworthy friends desire the best for you and will be there to help you out. Build these relationships, as they can be found anywhere. They will be your lifesavers during downs and will celebrate your ups. Whatever you decide to do in the future, good luck because you are already talented.
Thank you for your kind words, your support and most importantly your belief in me even though we are complete strangers. The world still has so many good things for us to look forward to.
Very practical, insightful. It is useful advice for those who still struggle in the corporate world. Companies are just ruining themselves in terms of trust, staff loyalty and reputation. Invest in our own mindsets, skills and future are more important than being blindly loyal to big companies. Have contingency plans always, and don't overspend while still generating good incomes. Fairness is becoming more like the eyes of the beholders. Even those at the very top at the corporate levels will be fired anytime without good reasons. Stay realistic and take care of our well-being first before indulging in thinking that the big corporations will take good care of us like in the 70s and 80s.
Huge respect for you to share your learnings. Your explanations are the sharpest, clearest of all experienced losing job without emotions and only logic and sanity. Most importantly I can sense honesty and sincerity from you. Really enjoyed your video.❤
Thank you for saying that! That's exactly the vibe I want to create and share on this channel. I truly believe that as long as we stay hardworking and remain kind, beautiful things will always come our way. All the best to you too!
Your last comment is intriguing, were they really your friends? Friends always stand by their friends, as for me regardless of what happens I will always be there for my friends because I only have one life to live and I want to do my best for others. God bless you my friend and hope you are doing well. May you have a blessed life moving forward. Google is not the only company in the world!
This was such an insightful video although am aware of most of the stuff explained in this video but the best part was how we need to learn to accept the trauma caused & not to take things personally and even top performers get laid off cos the purpose of layoffs is Cost cutting and that’s the only reason we shouldn’t be harsh on ourselves
Even when I appreciate that your goal is to encourage people that might have been laid off or are going to inevitably be lay off in the near future, I just can´t stop thinking that to wrap up big companies have all the right to laid people off as they were disposable, but be kind to others and just embrace your system. Do not even think that it might be something wrong with it.
Thank you for this. Good luck to you! Life can be very difficult but we are also so much more capable than we know and can bear these burdens. That company and title is great history, and its also good you're in such good shape, even for a job of "just sitting at a chair all day", health makes all the difference for deep work and focus. Job market is so harsh and competitive with global hiring more popular than ever, its very difficult.
In my first week of work, our department”s senior partner took the new employees out to lunch. Someone asked what is one advice you can give us starting off?
He said, take care of yourself first. When it comes to the job world, everyone is expendable including himself. It’s just business. So if you’re going to work, work for yourself first. Company comes second. This means taking care of your long term personal career goals and finding ways to balance your value and professional desires the company can provide u. This means taking care of your health and mental being. And more.
15 years later, I still remember that lunch.
That senior partner sounded like a great person, and that lunch sounded like a blast.
Thanks for sharing your advice!
(Pinning this great comment so more can see it too)
I'm an 85 year old retired aerospace engineer who worked both as a direct employee and as a contract engineer who essentially worked for himself. For what it's worth, I made a Whole Lot More Money as a contract engineer who was paid time and a half after 40 hours vs. when I was a salaried engineering mgr. Plus the tax code was and still is written to benefit an employer vs. an employee.
He's absolutely right.
@@travisbickle1455 yup valuable advice for me as a 22 year old at the time.
I have always lived my life as though I could be let go tomorrow. I never felt any type of security and always saved just in case of this scenario. I have been at the same company for almost 30 years now. I still feel as though they could let me go at any time.
He quickly learned that 'work friends' are usually just 'acquaintances'. They're nice when you're there, and once you're gone you'll never see them again.
and once the so-called work friends leave the job, you never see them again, etc..
The funny thing is some of the new guys I was mentoring at my last job dropped communications with me, even though I still see the old salty dogs for beers.
Guess what, my employer is hiring now, and the pay is much better, with a more relaxed culture. Guess who isn't getting called about the opening. You stop talking to me, it's your loss. Dumb zoomers.
@@aluisious Don’t take it so personally. People can’t really be expected to keep up relationships with everyone they meet along the way. Or is it you just that you like enacting your revenge fantasy dreams.
Work friends gone, family is what matters. Family stays…the guy should get married and have kids…he wouldn't need work friends.
@@accidentalfarmer1877
A wife can leave you AND take the kids, AND your house!
My advice to anyone earning 250k. Live like you earn 125k and save the rest. On the day you get laid off feel good that you still have all that money from your high paying job to keep you going. Don’t be that person who goes from living 250k lifestyle to zero in one day and have to start worrying about paying bills and keeping a roof over your head.
Edit: I just watched one of your other videos and realised you did exactly this!
Live way less....honey...125k is above the National medium income!
Thank you for sharing very sensible and valuable financial advice, and yes I was very fortunate to have access to great teachers and financial content to build up so much buffer. (and thank you for spending even more of your precious time watching my other videos too!)
One year in a 250k job would last me 10 years. He must have worked many years, enough to retire 🤔
250k USD or SGD?
@@chuntong6290 When i wrote the comment I was thinking of USD but it’s the same concept in any currency. Live on less than you earn, save and invest for the future. I didn’t make this up, I borrowed the idea from others.
This is the first most calm, logical, and compassionate thinking of layoff I have seen in TH-cam. Hope you find something new and maybe better soon!
Thank you that was exactly the vibe I was hoping to bring to the world!
You can try Malaysia. The Malaysia government always seem to have problem with brain drain and Malaysians here generally value foreigner talents more than the local talents. So I think you can try your shot here. Good luck.
"The only people that will remember all the late nights and weekends you put in at work are your wife and children" - from "A life engineered" dude.
Realest words
@@9to5MillionaireMindset realest? never seen that word.
Boy, that's the hard truth!
@@brightonchou1393 You saw it at least twice. First when you read his comment, second when you typed the word yourself in yours. Stop lying.
I regret the late nights and weekends for sure
"Sometimes in life we don't jump, we get pushed!" - beautiful
It's sadly true, the most painful time is also when we learn the most. :/ I guess it's just part of being alive, pain drives us forward to be in a better future.
Pain is also the most effective teacher 😊
@@slimjimjimslim5923 I would argue that it is never "pain" in and of itself, but an array of factors that, when combined with that pain, can make all the difference!
@@9to5MillionaireMindset But only after.
👍 😃
This is an amazing take on being laid off. I admire your positive and level-headed outlook.
Thank you for your kind words and support. No matter what happens, if we stay positive and kind, we will always find our way.
Even ex google employee having a hard time finding a new job, yup my life is over.
Hang in there mate! 💪
@@GeorgiaMade404 maybe tough to find a similar job with same salary
I'm an ex Google employee and having a hard time as well. I have an interview with amazon next week, so hoping this gonna be my big break.
It always depends on your job type. He was Head of Sales for Small Companies. Maybe they just merged it with another position.
Oh Woe is me
I was laid off from Google, and that was the best thing that happened to me
why, what came out of it?
Never trust corporations, work for yourself first
yea because 20 million people can do that ....geez
@@Hard_Qs you will be poor and laid off until you die
@@LevilleFon either way right .......how many businesses dont make it a year....and of couse you didnt address the fact that 20M people cannot do that.
@@Hard_Qs start as a contractor and later create your LLC
@@LevilleFon so are you ignoring my other statements ?....i think when people say starting your own thing to the masses is short sighted and reckless because you dont say the negatives or the low chance of actually surviving ...instagram reel is all you give.
Hey Shao, I seldom comment on YT - but this video really resonated with me. I got laid off almost a year ago, immediately started job hunting and went through the exact same emotional roller coaster you have described. Even after landing a new role, I could never quite shake off that feeling of inadequacy and low self worth. I thought it was just me, but hearing you describe your own experience made me realise how we are all so alike.
Thanks mate, I hope you've landed your next adventure already and are enjoying life again 💪
Thank you Tariq for being so open. I also hesitated to share my experience so openly, but your sharing has affirmed that so many of us are indeed alike going though the same pain. And we should continue to share and encourage others so that one day, they will bounce right back up just like you did.
With a BS degree in Electrical Engineering, I was unemployed in both my 30's and again in my 40's, and can relate that the emotional feeling are real. But also, so is the hard work needed to secure a new position (smile...smile).
I resonate with your comment, was also laid off, and I thought with my exp and field it was going to be easy but hiring its crazy and once you get a new job you always feel it can happen again
@@julissadc6303seems like regardless of where we are and the type of work we do, we all go through similar aspirations and insecurities 😊
They only let go the losers
As someone in the Recruiting and Staffing Industry this video is brilliant. Life sucks sometimes, it's hard to pick yourself back up, at the end keep pushing forward, one small step at a time...just move forward
Thank you for watching! And yes folks in recruiting and staffing do such a crucial job, but it's often misunderstood or unappreciated (especially during a layoff or tough period). Keep doing what you do so we can all be matched with our dream jobs!
@@9to5MillionaireMindset89
As a Googler until recently (left voluntarily though, after 18 years) who saw many great colleagues let go, love the pragmatism and future-looking optimism of your message. Looking forward to more of your videos!
Thank you for your support! And excited to hear back from you again on your next chapter!
That’s so relatable, thanks for sharing this so openly Shao! Much respect!
Thanks Grace for your support so many miles and timezone away!
@@9to5MillionaireMindsetUs older IT workers from the Dotcom crash know not to work at Big companies more than 1-2 years as they often to mass layoffs. Explain this point to young workers, NEVER stay at a big company long term.
Shao, I really admire your positive approach towards layoffs. Life can be tough, but it's not necessarily difficult. One thing I've learned from this experience is the need to constantly work on yourself and try to build a world outside of your work circle as well.
Yes life is gonna be tough no matter what happens (getting laid off is hard, finding a job is also hard). But we can choose which "hard" we want to focus on.
Very honest speech. I appreciate you for opening up and being kind! I hope you will get your new job soon and have a happy life ahead.
Thank you for noticing that! I was indeed hoping to portrayed my honest self and thoughts as best as I could. I wish you a happy life too!
Having just joined the thousands of people that have been laid off, this is a brilliant video. The stressful part for many people might be the financial impact, sometimes finding the next role, is just the next role for 'now' while you regain a level of financial security while finding the right job.
Thank you for your support and encouragement! Let's keep fighting!
Sometimes layoffs target the higher paid employees to reduce cost.
yea layoff the big boys and bring in some minimum wage people. Totally unlivable in the bay area. you could not even live in a car for minimum wage.
It highlights the importance of prioritizing our personal lives before the company. Your insights remind us of what truly matters in life. Thanks for sharing mate!
Painful experience. Looks like you're doing good mentally, which is good.
Good luck and keep pushing! ;)
I have learned that pain is the most effective teacher. Let's keep pushing!
I was laid off from my dream job at AWS last April. It was tough, but I realized that hard work and networking are crucial when searching for the next opportunity.
Getting laid off really sucks, but to avoid the worst, build a network outside of work! 💼🔗
💯 at the very least we have diversification of networks, at the very best we have more great friends 😁
That's why cold approaches + skills of talking to strangers is life cheat code (If u have no ego of cos lol) Someone's waiting to meet/collaborate with u out there, and trust me its a skill that even my CEO ex-bosses from 10 previous companies deprived of LOL. Cos they be thinking they're too high up to make friends with anyone 😂When they're outside, they're jus another Tom, Dick, Harry nobody cares about
Always gather corporate secrets so you can sell them when getting laid off.
best to stay on Linkedin others that were laid off might be your network or people who left and went somewhere else you can contact them.
It's wonderful to share your experience. One of the issues in corporate america is that majority of the people getting laid off don't get a huge severance packages like Google/Meta provides. So, your words of encouragement is cute but very hard for someone to process who have little savings, and have been living paycheck to paycheck. If all of us did not have to worry about health insurance, car insurance, rent/mortgage, auto mortgage, kids, and other things in life, no one would get hit hard by layoffs. If you look at other countries in Europe/Asia, cost of living/health/auto/travel is very low. Literally one person could work and take care of 4 people. So, if one person in the family gets laid off and other household members still have a job, it doesn't hit them as hard. But in the US, two working people can't even take care of a single household. So, one person getting laid off is close to a death sentence. Just look at the housing cost in California, who in their right mind allowed it to happen and continues to let it happen?
That is why one needs to have an education in how to plan one’s finances for their lifetime. The USA is terrible in that way. Very-few people know how to budget for things. It is a sad country when it comes to that skill even being taught, let alone being implemented in individuals lives.
Not sure what brought me to your video but I thought it was excellent. I am nearly 60 and work in finance not tech. I have over my 40 year career been laid-off twice and can relate to all of your sage advice. It's horrible. The first time it happened I kept having dreams that I was back at work.
The one extra piece of advice that I would add is this: that the people you think will help you often don't, but conversely the people you think probably won't help you actually do, in terms of letting you know about openings elsewhere and helping you connect to the right people. So, don't be afraid to get in touch with EVERYONE regardless of whether you think they like you or respect you. You just never know.
Wow this is my first layoff I am going through and you are absolutely right. The people I thought could help me are not (mostly because their hands are tied too) but people I haven't spoken in years have kindly offered me to work for them.
It also made me realize how important it is for us to maintain good relationships and always be doing a good job even when we think no one is looking. The good reputation we build up really does travel far and wide.
I also had the same weird dreams that I was back at work and reliving the layoffs, then waking up realizing I am not late for work (or not needed to rush to office).
Thank you for watching and sharing your encouragement! I hope you can subscribe to my channel as well. Take care!
Hey, thanks for sharing your learnings from what must have been a very painful experience. A lot of wisdom in this video.
I was just wondering if I did the right thing in sharing so openly, so thank you for your encouragement
I dont know how to thank you for all the wisdom in this video. Every single feeling and emotion you described is what I am going through! I was laid off due to large scale downsizing, without any real red flags or signs, after getting stellar performance reviews and all. When I was actually adding value to the business I was told that there could not be more investment in my project. I was literally shaking. Havent slept through nights, thinking I am not good enough to be kept around. The silence of coworkers is heartbreaking too, as if they just moved on.
Thank you for helping me see the reasoning and the blessings in disguise in this situation. Keep working on your skills and networking, be ready for any situation. Never ever ‘settle’ in any job expecting loyalty from your company. And for heavens sake never sacrifice your family and friends for “doing that extra code review work” on a weekend.
Your message has just made me feel like everything I have been doing for this channel is worth it. Thank you. Really thank you.
And your message also reminded me that unfortunately so many others are going through the same pain as well.
But pain is often the best teacher. And you have shared many pointers here that I cannot agree more, especially on loyalty and neglecting your real family.
With an attitude like yours, trust and believe you will bounce back even better!
(PS I had made other videos about maintaining happiness amid a layoff. So please do check them out in my main channel!)
Thank you for sharing that. I wish you all the best!
Thank you! You too!
Thank you for sharing your experience and thoughts. Your sharing will help those who find themselves in a similar unfortunate situation. When one door shuts, another will open. And who knows? Years from now then you realise what happened to you though traumatic and devastating was actually a blessing which will open a door for you to much better things. I wish you all the best.
The sad reality is that the tech field is going through AI restructuring. From 2021-2023 they have laid off 500,000 positions. In 2024, 321 tech firms have lost 96,551 and the projected 2026 laid-off may reach a 5-year total of 1,000,000 jobs. The coming real estate crash will cause high-tech firms to lose up to 50% stock value. The new book The Bubble that Broke The Bank sees the magic year to be in 2026. You are in a survival race.
Thanks for sharing! We gotta keep adapting and improving!
Well, there is no strong reason for real state market to crash.
I also missed the rally, but that doesn't mean I'll wait for dream for a crash unreasonably
The ripple effect is also scary. $250k a year salary meant having the disposable income to travel, hire babysitters and pet sitters, renovate houses, have a cleaning lady, etc There is an entire mini economy that runs off upper middle class white collar workers
@@lg206great point.
"AI" is the curtain. Behind the curtain it's really the H-1B restructuring.
Straight and to the point. No click bait b.s., just informative and so well organized. You couldn't have worked at Google!
Damnnnnn 😂🫢
This might be the best "mic drop" comment I have received so far on my channel
Perfect video! Very constructive and clear ! Thank you:)
Thank you for watching!
Wow.. that was amazing..!! You articulated it very well..!! All the best.
Thanks for your kind words! Please subscribe if you like to see more!
Here is the best piece of advice that anyone could ever give you: set up your own business and never look back again.
Yes, it's so easy to set up ur own business, become a solo trader 😎😂🤣😃😄
Doing what exactly?
Most businesses fail.
Very insightful stuff, The first experience of a layoff can be quite traumatic as you said so much of ones identity is tied to their job, once you detach from that its much easier to move on. Not everyone has grandiose visions of advancing their career, some are just role players and that’s ok too. The most important thing is to take care of yourself. The universe works in mysterious ways.
Great reminder that we are all writing chapters of our own stories. And yes the universe works in mysterious and amazing ways!
Amazing video dear Shao, it makes me clear so many circumstances that I also went through, and I believe that we share the same ideas, but you make them so easy to understand! I love the structure of your wise words.
Thank you my dear friend. I always know you are there for me
Thanks for sharing your personal experience and insight in such a clear, understandable and applicable way!
I was fired in my 20s (not laid off). Best thing to happen to me. I was an accountant and miserable. I saw the department heads and didn’t aspire to become them one day. I went back to school and got an MBA and then a law degree. I honed in on the industry that inspired me (tech), and that has taken me on a magnificent 25 year journey so far serving in legal and business roles, including roles as Chief Legal Officer and one as CEO. 5 years ago I struck out on an entrepreneurial journey and that has brought a new dimension to my career. Use every inflection point in your life to your advantage. You will have many forks in the road.
Thank you for your assurance! I indeed believe there are many forks down my road too! And great career advice too; asking yourself if you have the aspirations to become the current leaders of your current role.
Good to hear, but for most people, getting laid off is just bad, no silver lining. You got lucky, most just have to take the hit and whatever job they can find at that time and start building again from there
It is very good to see an honest and fresh take to this. Stay strong, king. 👑 We'll all go through this strong.
You stay strong too king!
Sorry to know. Thanks for sharing the tips.
I can tell that everything it is said here is true. I am especially puzzled with the coworker issue. I worked with these people for years, and once I was laid off, and this is the time I needed their support and "compassion" they just did not call, not even sending simple message. Managers as well, although we had very great conversation while being employed. So, this is the thing which hurt me the most.
Great honest talk and helpful to all of us.
Thank you for your support!
Your advice is genuine and very realistic. You really have the mindset of a winner and i appreciated this advice even though this isn't my situation.
This is one of the best compliments and encouragement I have received in a long while. Thank you for being who you are 😊
@@9to5MillionaireMindset no problem keep going, you are changing people for the better. I am new here and already I am grateful to come across this advice
I learned to always keep your skill set up. Don't let employers eat up your personal time, it will not be rewarded.
God bless you brother, this news is becoming far more common nowadays, unfortunately. I too was let go from a high paying job back in March 2024, and decide to focus my energy in building my own business. Fortunately, I was able to retire from my previous position. I have subscribed wishing you will. Thanks for sharing
Thank you for both your support and subscribing, and also reassuring many of us that life always has a way of working out if we focus and work hard 💪
The most painful part is not losing the job itself, but losing that lifestyle, Imagine mortgaging and losing a beautiful house, a nice fancy car and an extravagant travel and shopping habit. $250k a year salary could EASILY pull you in that trap. The moment you realize you won't even make $80k in today's economy, you're SCREWED
Indeed many of my laid off ex colleagues found themselves in that exact situation. And they found it so hard to dial back their lifestyle.
I also talked about it in my first video called "I got laid off by Google and Now I'm Financially Free".
Do check it out if that interests you and thanks for your support!
That is a great insightful video. Very well done and very true. Great content and great courage to put out there.
A better word is colleague or acquaintance instead of work friend.
I also learned that "we are a team, not a family"
@@9to5MillionaireMindset
We sit close; we're not close.
-Stanley Bomanly
Awesome advice. I endorse all your recommendations in this video. My post was made redundant many years ago, and I went through all the phases you spoke of and the experience was similar. After losing that job, it was another colleague who was also laid off who helped me to make the next step in getting a job quickly. I started with my first temporary job; these short-term jobs proved beneficial and landed me a permanent job offer. That was so long ago, but the experience helped me to grow and be successful today.
Thank you for watching! I am glad my video resonates with you and more importantly, you went through something similar and grew and became successful! It's a reminder to the rest of us to not give up!
The company doesn’t care about the employees best interests. Anything that has a salary is an expenditure even though you probably generated 10x the value of what they paid you. They basically owe you the employee money because when you factor the surplus salary they pocket by pillaging it from your pay check, you were basically working for free.
Put yourself in the company's position😂
Man, you really are great as it will take some getting to come out of the frustration of being laid off. From there, to take things in the right sense after a thought process of understanding why it happened with calmness is even better on your side.
Surely, your experience would have given many a chance to look back at layoffs as an opportunity and move on. Its easier said than done but not impossible to keep cool under crisis. You did that exactly, man. Kudos
Thank you for saying that. It's indeed my goal to bring positivity to the world, so I am glad you felt and noticed that.
All the best and take care too!
Thank you for sharing this. This is a really well-articulated video and might help everyone who faced layoffs. We all are part of this survival race and the community should help each other in this tough time.
Yes tough times are always gonna be there, but kindness and resilience is something we can always strive for. Thank you for watching!
Uttering the comments of many others, this is an absolutely brilliant YT post my friend. You intelligently synthesized the emotional rollercoaster of being unceremoniously fired and the challenge to pivot and persevere.
I've been a business professional for 30+ years, and have been both downsized as well as worked at 2 U.S. firms (in separate decades) that imploded as a result of the largest bankruptcy ever (one is Lehman Brothers). In short, it was not only difficult for many of us to lose our amazing jobs, it was gut-wrenching to watch almost our entire "net worth" evaporate in a matter of days.
Now if that wasn't bad enough - to make matters all my close (work) friends are now literally incapable of being a resource to find a new job.
Good luck folks
Thank you so much for your support and encouragement!
I graduated right after Lehman brothers so I know exactly what you mean. I joined Merrill Lynch right after it was bailed out and acquired by BofA. So many Merrill senior colleagues of mine saw their net worth just disappear. My manager also previously worked 20+ years in Citi and only held Citi shares. When they went from $80 to $0.50, his retirement was basically wiped out.
Just curious, which do you think is worse? the Lehman 08 financial crisis or our current cost of living crisis?
It's also really tough to see your friends being incapable of finding new work. Some of it is controllable (i.e. get new skills), some are not (i.e. companies preferring younger cheaper labor)
All the best to you and your friends in facing what is indeed a challenging moment!
@@9to5MillionaireMindset Thanks for the anecdotal comments. Interesting to see there's some parallel or overlap to our career paths.
Your question: "Just curious, which do you think is worse? the Lehman 08 financial crisis or our current cost of living crisis?"
Answer:
Great question. My opinion. I would say the current (Inflation) crisis is likely much worse, why?
Well I think there are multiple factors at play here.
--> 1) Excess COVID stimulus | 2) The Current Crisis is Pervasive and Larger | 3) The ERA of Ai
1. It appears to be an existential crisis, in that it permeates all of society, and frankly the entire globe - it obviously is a direct result of draconian measures to "arrest the COVID spread". For the better part of 2 years, the largest economies essentially "grinded the gears" to stop the world from spinning (i.e. economies), and substituted organic GDP with a "cash" printing machine. Ergo creating massive "asset bubbles" (e.g. real estate / stocks / crypto / etc.) and (an) economic catastrophe that has not quite reached its apex.
2. The '08 Financial crisis was a sudden and isolated matter. It was somewhat "self-contained" (to major global financial markets) and quickly remediated. After all there was only ONE major corporate failure - Lehman Bros. Perhaps less than 1/1000 of 1% of the globe was impacted long-term . Whereas the current global Inflation Crisis is insidious, pervasive, more complex and several factors larger.
3. We are in the ERA of Ai. This is unlike any technological transformation the world has ever experienced, because by its very nature, Ai's premise is to replace SWATHS of human thinking and to a capabilities. Moreover, Ai will accelerate the disproportionate concentration of wealth. E.g. - Elon Musk today that TESLA will begin the mass production of Humanoids - - > like WTF right!!
From a Labor Market perspective - the advent of Ai is and will be massively consequential for "Service-based" economies such as the U.S., since it's impossible to pivot as the "tech is also pivoting" (acquiring knowledge) concurrently.
So what? Well, I would argue, the sign of a vibrant economy is rising "wage rate" above YoY core CPI (inflation). Macro perspective: as we are seeing today, as more companies PERMAENTLY reduce staff due to significant drops in Revenue OR due to Ai driven efficiencies, it will absolutely have a negative significant impact on wages, which will compel governments to engage in deficit spending to provide financial support to the populace. In effect, resorting to principal catalyst that creating the Cost of Living crisis in the first place, "Printing Money".
Cheers!
Thanks for sharing your in depth analysis. All 3 of your concerns are indeed valid, real and worrying.
It's gonna be a challenging 5-10 years from here on out. Despite these challenges, I am still optimistic that as long as we are hardworking and remain kind, beautiful things will always come our way. We may just have to redefine what work and success look like. If AI is gonna make working unrewarding and unfun, then we simply have to find a new and better game to play and win at.
Take care, and thanks again for discussing this with me with such great details.
Thank you very much for sharing! Excellent advice! 👍
Glad it was helpful!
Something very unique i notice in this clip.
Before touching on the uniqueness, i admire the way you handled this layoff, and your sharing is highly commendable.
Next, the uniqueness. U took the effort not only to reply to almost to everyone who posted messages , but you contexulised your reply accordingly. Kudos
Wow thank you for noticing that. I just think it's so cool that so many people across the world has spent whatever little precious free time they have to watch my video; and even take the effort to share their stories / advice here for the rest of us.
So the least I could do is thank them for that and also add on so to create more positive energy and hope. So thank you for watching and sharing. This world is indeed filled with kindness and possibilities.
It's not your fault in mass firings or redundancy.
Thank you for the affirmation; the more people impacted know this, the better!
Years ago i chose to build my own business and a day job along the way was just a stepping stone for me to pay the bills when i was still struggling. You are right, after all, business is a function of profit and cost, and I'd never believed in anything like career development or people is the most important asset in a company. Those words totally fall apart when businesses are in trouble
How do companies expect loyalty from their employees nowadays - Google or not.
What a Man with intellect ❤
That's very kind of you. Thanks for your support!
@@9to5MillionaireMindset omg most welcome dear ❤️❤️❤️
Excellent content!
One of the best videos I’ve seen in this subject. Your approach is very down to earth and you come across as very humble guy.
Thank you
Thank you for your kind words and also so supportive in watching my videos!
All the best!
It isnt the layoff that is hard, it is the lost of income. When one has grown accustomed to living off of $250k and then you face the reality of having to accept a $100k reduction in pay in order to stay employed is very very hard. You arrived, you worked hard for it and thought you were on your way, had secured your bag. And, now you just like all the rest...poor and struggling.
Getting pushed is the best thing that can ever happen to you! Good luck on your journey, sir. Greatness is just around the corner. Thanks for sharing your story with us!! :)
No doubt! Thanks for your confidence! Greatness is upon all of us, we just gotta work for it!
You were not laid off bro. Your job went to India.
So he was laid off
@@Maruman_man😂
Exactly. Bingo..for $2 an hour.
CECA was replaced by him and earning same like him also...
I totally agree with this comment, I git laid off, and they hired someone from India (offshore resource) at a much cheaper price.
Good on you for making a video about this, mate. It will help countless others overcome the shit show that's coming.
Tough times create tough people.
Tough people create good times.
Good times create soft people.
Soft people create tough times.
If you would like to share this information: how did the layoff look like financially? How high Was your severance package?
Hey thanks for your support! I actually shared about becoming financial free even after being laid off in my first video in this same channel. Do check it out!
Thank you so much for breaking down the lessons learned. This video helped me to understand a layoff from 6 years ago!
I am glad you liked it. I hope you have moved on, found meaning to what you have experienced and are in a better place now!
You got laid-off because you're not using a Chromebook lol😂
😂😂😂 you are too funny! Indeed when I was working there my customers would always ask "are they ok with you using a Mac?"
😂🤣😂
That's for the great insight. Came to know in this month that my contract is ending the end of the month Singapore due to change in company direction.
I felt everything in the last two weeks that you just said. It's been a great encouragement listening to you.
Currently have two interviews in progress and my God's grace hope I get the right one for me.
All the best for your interviews! When you secure your new job please come back here and let me know so I can celebrate with you!
The jobs are most likely replaced by Indians from India with their work visa.
One of the most down-to-earth experiences of being laid off and agree completely with him, speaking from personal experience after having gone through 3 lay-offs. While lay-offs have ostensibly been painted as a cost-saving exercise, frequently it’s just an exercise to satisfy big institutional investors that a company is doing something visible when every other company is doing the same thing, even if the company is still making profits and top executives are still drawing millions. I’ve known of cases where after the lay-offs, companies rehire the same or very similar positions again.
Thank you for your kind encouragement!
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Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Wow wow please is there any way to reach there services, I work 3 jobs and trying to pay off my students loan for a while now!! Please help me
Good information thanks☺️
Best information I ever seen on TH-cam
Hello bots we finally meet on TH-cam
Great testimony. The vast majority of colleagues at work are "situational friends". If they will share your happy and sad events and you can confide in each other, that is great. It's great to have those and it sucks if people are snobs or backstabbers. I guess this hits harder to younger people and people who've been in the company for an extended period and got used to the work family.
Indeed, at the end of the day we are all looking for all weather friends and not situational ones. And I was fortunate to have met quite a few of them.
Thank you for watching and supporting my channel!
Thank you very much for this video. I got to know two days back that my name is in the layoff list and haven't been able to sleep since then. I feel confident and positive now.
Sometimes in life you don't jump, you get pushed.
Keep up your confidence, I will be rooting for you.
And when you find your next role, come back here and share the good news with me!
@@9to5MillionaireMindset Certainly ! All the best for you as well !
We can be laid off, but we can never be written off!
@@9to5MillionaireMindset Absolutely true !
It's great you gained some life lessons from this. I've left a few "dream jobs" in the past and almost always another better job or career came up. Time down, if you have an emergency fund, can also be a wonderful opportunity to reset and skill up. I always grind after a layoff to ensure my next opportunity is better - so it's important that people don't fall into a depression.
Thank you for your encouragement and insights. Indeed that's what I did, to have an emergency fund so it has given me a lot more options.
You may check out my first video in this same channel called "I got laid off by Google and Now I'm Financially Free"
Thanks again and all the best!
What an amazing insight! Your humbleness and wisdom has overcome any negativity you could harbour and demonstrates you are a next level human!
That's very kind of you; we are all doing our best. I wish you all the best too!
Great video, on the work colleagues point: It's the sad reality that work friends are hardly ever true friends... Once you are no longer useful to people then you will get discarded. A tough lesson, thank you for sharing your experience.
Thank you for watching! Indeed it's a tough lesson, but it's also an opportunity to be empathetic; every work colleague is just doing the best they can in a tough situation faced by all. And knowing those that do stay in touch are indeed friends for our next chapter!
Thanks for the great video. I've been laid off two times, and your lessons resonated with me.
Thank u so much for sharing your thoughts... raw n insightful. Yes, layoffs sucks big time and you need time to overcome it. I had mine in 2012 but fortunate enough to have a helping hand to land the next role within 6 months. I wish you all the best in the next role and you will do great! 🙏
I am glad you found it relevant. And well done on overcoming your own layoff. It's getting so common that it's now a crucial career skill for all of us to have.
I love this video. I left my job as a Manager during the pandemic and found this very helpful
I am glad you liked it! Please subscribe so you may find my other videos too!
Wow!! I did not expect this one 'work friends wont be there for you'. That's a pill hard to swallow
Yes it was painful. But pain is often the best teacher 😊
"Sometimes in life we don't jump, we get pushed" I love that. 💌
Thank you for sharing this wonderful experience.
I am glad you enjoyed it! All the best to you too!
@@9to5MillionaireMindset thank you!
Thanks for sharing.
Colleagues, most likely are not friends. All the very best!
Thanks for sharing and all the best with your search!!!! The next best job is waiting for you! 🎉
Thank you! I aim to live joyfully! 😉
I have worked in the IT industries almost 30 years and have went through 4 laid off. Things always turned out better after each laid off. Exercise helps me endure hardship and stress. Stress can kill person. Do look after your mental, body and health. Good luck with your future endeavor!
In the IT industry, expect to face layoffs at some point in your career. With nearly 30 years in IT, I learned to anticipate signs of potential layoffs and proactively sought new opportunities before they occurred. This proactive approach helped me transition smoothly before facing layoffs three times at different companies. Being employed makes job hunting easier.
That's great advice. To be proactive rather than reactive!
I think your advice applies to other industries beside IT too, as so many industries are getting disrupted too.
Thank you so much for this video. I have just experienced the same path and I can't agree more with you on every single topic you brought up. I wish you had created this year ago, you would have saved me so many difficult moments. Yet, I want to emphasize the friend circle topic. This was the most difficult for me to accept. So many people that where acting as friends and finally they were not...
Thank you for your kind words and for spending time watching my video. I was initially worried and feeling insecure like "who am I to tell people what to do and feel". So your assurance tells me I am on the right track.
And yes I wish I was also told these harsh realities early on because they were not taught in school or talked about at the family dinner table. So one of my goals of creating this channel to spread more awareness about such realities of working.
And yes the friends part is really hard to accept. But it's an opportunity to be kind, everyone is just doing their job and trying their best to take care of their families. Those that stick with you are then a bonus, that you found really good friends ☺️
thanks for the sharing, much appreciated. was affected by Twitter before in singapore. but luckily landed a pretty good gig. yr reflection is v honest and practical.
Such a good video. Thanks for all the ideas and encouragement. You have obvious management skills.
Thank you that's such a kind and nice encouragement!
my man spitting truths. good luck to you brother ✔
Thank you for your support! Let's keep shining light on the truth!
Graduated with a tech degree and worked for a pretty descent company in Seattle for 4 years. They were downsizing but I knew this might have come since tech industry is constantly changing. Always had a dream to have my own business and been doing this on the side and when I got layed off, I had little easier transition to do something while looking for a new work. This allowed me to grow my business and keep my mind off of things. Was able to get it to grow and perhaps my next work will be part time. Guess my point is have a backup plan and don’t put all your eggs in one basket. But knowing population is growing rapidly, it does get harder to land that spot. Having grit helps 😀
Thanks for the advise -- all the best in your future undertakings!
Thank you for your support and thank for watching too. Please share this with your friends if you think they will like it too!
Thanks for giving those tips. Those emotions arise due to fear and drastic changes in life patterns. Much like a widower’s life changes, you will get back on track and be ready to manage setbacks and appreciate your winnings with wisdom. Only trustworthy friends desire the best for you and will be there to help you out. Build these relationships, as they can be found anywhere. They will be your lifesavers during downs and will celebrate your ups. Whatever you decide to do in the future, good luck because you are already talented.
Thank you for your kind words, your support and most importantly your belief in me even though we are complete strangers.
The world still has so many good things for us to look forward to.
Very practical, insightful. It is useful advice for those who still struggle in the corporate world. Companies are just ruining themselves in terms of trust, staff loyalty and reputation. Invest in our own mindsets, skills and future are more important than being blindly loyal to big companies. Have contingency plans always, and don't overspend while still generating good incomes. Fairness is becoming more like the eyes of the beholders. Even those at the very top at the corporate levels will be fired anytime without good reasons. Stay realistic and take care of our well-being first before indulging in thinking that the big corporations will take good care of us like in the 70s and 80s.
Huge respect for you to share your learnings. Your explanations are the sharpest, clearest of all experienced losing job without emotions and only logic and sanity. Most importantly I can sense honesty and sincerity from you. Really enjoyed your video.❤
Thank you for saying that! That's exactly the vibe I want to create and share on this channel. I truly believe that as long as we stay hardworking and remain kind, beautiful things will always come our way. All the best to you too!
You are the definition of resilience! ❤
Thank you that's such a nice compliment to receive!
Your last comment is intriguing, were they really your friends? Friends always stand by their friends, as for me regardless of what happens I will always be there for my friends because I only have one life to live and I want to do my best for others. God bless you my friend and hope you are doing well. May you have a blessed life moving forward. Google is not the only company in the world!
This was such an insightful video although am aware of most of the stuff explained in this video but the best part was how we need to learn to accept the trauma caused & not to take things personally and even top performers get laid off cos the purpose of layoffs is Cost cutting and that’s the only reason we shouldn’t be harsh on ourselves
Thank you for your kind words and support! I hope that you continue to be kind to yourself too ☺️
Even when I appreciate that your goal is to encourage people that might have been laid off or are going to inevitably be lay off in the near future, I just can´t stop thinking that to wrap up big companies have all the right to laid people off as they were disposable, but be kind to others and just embrace your system. Do not even think that it might be something wrong with it.
Sorry to hear that. June 12th is Valentine's day in many countries, including mine. Good luck
oh happy belated valentines day then! and thanks for watching!
Thank you for this. Good luck to you! Life can be very difficult but we are also so much more capable than we know and can bear these burdens. That company and title is great history, and its also good you're in such good shape, even for a job of "just sitting at a chair all day", health makes all the difference for deep work and focus. Job market is so harsh and competitive with global hiring more popular than ever, its very difficult.
That's a great attitude you have, and also a timely reminder that we are not limited by our burdens. Thank you!