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I worked for IBM for 7 years. Forced to work 60 hours a week and only pidd my contract 38 hours. Thought I was doing the right thing. My parents both got sick and eventually passed away. Immediately iBM found out I was needing time off I was told good by over the phone. The termination notice had to be hand delivered but it was emailed to me.
There organisations do not care about their employees. You are w cost to them. After my parents died I tried to get back into the the work scene but told I was over 55 anne had no possibility.
I had worked my whole life for these type of selfish companies..
I'm so sorry this happened to you but it's not you. It's their selfish $$$ calculator as you are a cost not a benefit
Whomever told you there's no possibility of getting "back into the work scene" after 55 is complete BS. I know several people, including myself, that have gotten new positions well after 55. If you have the necessary skills and experience for the position, you're still a strong candidate after that age.
Sorry to hear that. I’ve been thru that myself. In the end, you realize that all the corporate cheerleading, and talk about “teamwork” is feel-good bullsh!t. It’s all about the money. Tell them want they want to hear, and take them
for all you can. NEVER sacrifice your family time, or put yourself into a compromising position for ANY job.
I’m sorry you are going through this. I know business is business but I hate when they do these things right before the holidays. It’s never a good time but still.
That is disgraceful. You've only just hired them and they've moved coast to coast and then you sack them??? words cannot explain the anger I have.
Business is amoral.
Sorry to hear this and that you’re going through it right before the holidays. I was part of a company layoff last December 15th. Felt like I was thrown off a ship. After a few weeks, I realized, “Maybe it was a good thing that happened.” Because looking back, it taught me “how to swim”. If I learned one valuable thing about this experience: value my time. Meaning, as a W2, I’ll get the job done, but I won’t go overtime.
Hoping you find your next role sooner vs. later because the market’s been tough. Network now, if possible.
Seems like a lot layoffs are happening this December
Budgets are tightening and consulting is (or will) get hit, hard. Think of your hourly rate - not what you make, but what get you billed to clients - or if you’re M or higher, how much more difficult it is to sell right now
So even if you had a strong performance in years past, the world is changing very quickly along with market conditions. Don’t take it too personally it’s likely forces greater than any of us individually. Get some R&R for now
Same here. I was one of the those who were laid off by Deloitte last October and the job market right now is not so good, to add to the challenge, my kid is under the spectrum, it is really a struggle. I am just hoping and praying that I will find a job soon. Hold on to your faith, pray and take the necessary action. We will find a job soon. I will include you in our prayers.
You have been out of work for a year? Oh no
It's the market, unfortunately. We could also think that someone else needs to hit their numbers, albeit at the expense of your role. Sad, but true in some cases. I wish you good luck. 🙏🏻
At-will employment.
Many years ago, this exact thing happened to me. Working for a small contractor to the govt, I was asked to meet with the CEO just before Xmas. Because I had tangible proof of contributions through increased contracts, extensions, expansion, etc. tied to the company's bottom line, I thought I was going to receive a large bonus. Quite the contrary! Because I was such a contributor, rather than let me go at a manager level, the CEO wanted to personally thank me for my efforts and explain the downsizing company-wide. He thought I'd be honored that I wasn't being treated like "regular staff" (insert swearing emoji). LOL. Long story short, two years later when working through another agency, I was contracted to support one of that company's contracts and ran into that CEO who said they'd "messed up" with my release and offered rehire. I smiled and said "you can't afford me now"!
Good luck in your future endeavors. Keep your head up. You'll get through this and come out soaring!
Not a lie if you were a cpa
I am sorry to hear this but also sorry to say its pretty common. Take any money offered. Try to relax over the holiday as new hiring will not start untill the new year.
That's consulting. Good pay, challenging work, travel opportunities, but if the music stops and you don't have a chair, you become dead to them. You need to understand this if you join a consulting firm. It's harsh.
Your job is someone else's 5th yacht. firing you gets them a bonus
Sad but the truth
Don't take it personally! Unfortunately, this is the business world. We are not seen as people, just numbers, and we can't always turn into assets. :( The same thing happened to me six years ago at another company. After 9 years working there, some promotions, with no real reason, I got fired. It was the end of the year, and I had already bought tickets for my entire family to Disney. Luckily, I found another job within a month. With your experience in this big company, I’m confident you’ll find success in this new journey. Keep your mind free and don’t worry too much!
Rising Star
Your work depends on project/customer volume. Work runs dry and they try to move who they can to healthy accounts. Most of the remaining staff get laid off.
It is a good name, hopefully you made friends along the way. It's not personal, just a cash flow exercise.
Sorry to hear it. It is common to layoff in Nov or Dec so their expenses look better looking towards next year. We all work “at will” in the US (varies a little by state). I was given 4 hours to clean up my work and then my work computer bricked itself and I lost all network access. I found it very insulting. I was working on a project directly for the CEO ( one of the wealthiest people in the world). It felt like they thought so little of my work, they didn’t even want copies. I hear my incompetent manager tried de-commit my work for the CEO and was sharply told it was her problem to solve.
I was laid off a year ago last October from a company I worked for 25 years. Was told my position had been eliminated, but curiously we had just hired another team member in Romania and told to hand off my assigned work to them. Loyalty and hard work mean nothing to the Tech Industry any more. They only see us a human capital and want to pay as little as possible for top talent. We need to incentivize companies to retain USA workers and get back to businesses growing their headcount in the country.
Same happened to me last month. Was with a public tech company for three years and was let go exactly on the 3rd anniversary date, supposedly to get offered a larger severance. Was informed by Teams meeting and given a few hours before laptop access was removed.
I agree with most of the comments posted. It's business, numbers matter, and they always will. It's for the better, take time to recharge, and pursue your passion next year. The Deloitte brand is exceptionally strong so that and your network should be helpful. Hang in there and keep your head up!
Employment is always "at will" and one can be let go for any reason at any time as long as the employer can make it job-related.
On the positive side, you are freed up to pursue other opportunities and may be able to file for unemployment insurance.
On the negative side, you are unemployed and don't know where your next job is, which gets even more scary the longer your period of unemployment goes on.
If you are young, getting that next job will be easy, but if you are older, it may take longer to find that next job, especially if you are well established in your career.
By letting you go, your employer just handed you options and opportunities--how you pursue them is up to you.
If in the US, easily can file for unemployment. After 6 mos, if you have no job, you can also file for medical assistance (medicare, medicaid). Paid into the system for 25 years....learned how to take advantage of it when times were rough for me.
They knew weeks ago to let you go. It's unfortunate how they do things now. Keep pushing forward.
I put in 24 years at Jpmorgan and my coworker put in 25 years. Lots of dedication,hard work and overtime, but they ended up moving our jobs to Argentina and putting us out on the street. Welcome to corporate America! 
You were 25 years there, 25! what were you expecting? To die there?